$WRAP Technologies. $6.89.
They make equipment for the police including the Bolawrap a device fired at suspects which wraps them in cord so they canāt move. America has problems with unarmed people being shot often high on drugs or mentally ill. I think the Biden administration could look at this as something every police officer should carry, there are 900,000 cops and many other law enforcement organizations who could use this not to mention sales abroad. A year ago they hit $12 for a while.
Mmmm ā¦not convinced.
Seemed to work in a specific scenario with a semi compliant man stood still with no weapons with his arms by his sides.
I almost wondered if it was a marketing thing by the way he referred to it by its tradename so clearly lol
American news is odd, good or bad news they speak like someone on a shopping channel. They do have a problem with heavily medicated people who do seem peaceful but wonāt do as they are told.
donāt watch CNBC in america the ads are targeting boomers (love you boomers) and jim cramer is acting like a medicated person. Yahoo! Finance streams on youtubes, theyāre Okay and on a budget. the fastest news travels online on twitters though you haveto choose the right accounts and journalistst o watch, theres a lotof noise (an internet problem). Reddit has quality stuff like r/stocks r/investing r/stockmarket r/ethereum
Right folks.
I have spent a long time picking my way through the thread and decided to stop on 62 stocks. (edit was 65 but I binned a few - see below)
Firstly because this is running from 31 January and I donāt want stocks picked on recent spikes.
Secondly, Iāve binned any stocks not on FT. They must be on FT - this is Freetrade Baggers. If you spot one you know isnāt please tell me.
Thirdly, I think thatās great diversification. Maybe next year we can run sectors and vote on say 6 sectors and pick 10-15 stocks for each.
So can we beat the Pros and market trackers with our community wisdom? I think we can.
So I have added a tab to the spreadsheet: Beat the Pros. Here I rank the portfolio gains against some famous ETFs.
Let me know your thoughts.
Oh and congratulations to JohnnyK88 who today became the first person to be a Freetrade Bagger! Way to go Johnny and weāve only run this a week.
Some ppl played pot stocks like Sundial Growers $SNDL and I missed some good trades of the year
amazing
Spreadsheet looks awesome Ben! Would it be worth adding a managed fund or two to the āBeat the Prosā tab, in addition to the trackers? Something like Polar Capital Technology or if feeling brave, even SMTā¦!
Think this is not listed on Freetrade
NASDAQ:NPA
omg. I love this thread.
Were we only able to pick 1? I seconded lemonade but my pick would have been Ncino fun initiative
Thanks. Removed
I wasnāt expecting this to be so successful. It was primarily about helping people be aware of great stocks to improve their knowledge.
Iām also out to disprove that ordinary people cant smash the pros. I keep reading comments that ETFs are peoples only hope for success and I disagree if collective wisdom is used.
Appreciate your motive but those posts about ETFs are for genuine newbies. In my opinion thatās the right way to start investing and gaining knowledge before exploring individual stocks. I also do believe individual investors can beat the market but not after at least understanding what the stock market is and how it works.
See I respectfully disagree and am putting my reputation on the line here if I am wrong. If a large enough group of people recommend something they tend to be right. Itās a known thing: The Wisdom of Crowds - Wikipedia
I aim to prove that every year dummies can do a copy portfolio of this and totally beat any standard ETF.
Capital at risk & no financial advice and every other disclaimer obviously applies.
If there was a sudden market crash and long recession, a lot of the firms weāve named would bottom out as they are built on optimistic future earnings etc. A safe ETF would be hedged and diversified so would probably survive and recover quicker. Higher highs, lower lows with these types of stocks. Now we only need autopilot to prove it
Itās not beating the Pros if you are comparing to just buying the market with the trackers like EQQQ, effectively you are also beating yourself in this sense, as the other part of the market is retail consumers. I think it would make more sense to compare to some of the big players, like ARKK, SMT, they are also trying to beat the market.
Also, this really will not prove anything, itās a really small sample, short time span, there is no balance for the amount of risk taken. Still fun though.
The wisdom of crowds was about nearly everyone being wrong, but the collection of wrong tended to average out right in the end. It wasnāt about large groups being right.
I will add ARK and SMT to the league table. Although I know Ark definately isnāt on FT.
Itās a fun experiment so letās see how we get on. Are we comparing just the % return or will you be adjusting for risk?
Might be worth also comparing to Edinburgh Worldwide as the leading performer in the Small Cap arena
Thanks for putting the sheet together. Any chance you can include market cap in there?
Bit late to the party here guys sorry - but Nigthcap PLC (NGHT) is performing really well off the back of very little news on the acquisition front. Given the industry itās in (they purchase high end bars in cities aimed a millennials with expendable income), and the team behind it, Iām willing to bet it will do more than doubleā¦
It entered 14th January at 14p, currently at 32.05p, thereās going to be so much room for it to grow and hopefully expand itās cap that itās going to shoot up considerably further by yearās end @Rollingskies what do you say - last minute entry on a penny stock?