Benjamin Mitchell @Ben_mitchell: "WEDNESDAY WIND-UP SUMMARY BIG news from $ATVI..."

United Kingdom

WEDNESDAY WIND-UP SUMMARY BIG news from $ATVI coming into the new year has launched us into a healthy first month. Otherwise UK stocks have been stable and Bitcoin has held tight at the $43k mark. PORTFOLIO MOVEMENTS 7 Days (+1.00%)✔️✔️ 1 Month (+3.04%) ✔️✔️ 6 Months (+8.14%) ✔️✔️ 12 Months/YTD (+11.58%) ✔️ NEW POSITIONS N/A CLOSED POSITIONS $NEX.L - A long time friend of our portfolio, National Express has been gaining recently in light of their upcoming merger with Stagecoach. I believe I've had a brilliant run with this company with over 100% profit in one of our positions, so I have decreased my position, while still holding some in-case of further good results. I still hold a large portion of my positions in the company and believe in its future, the decrease is simply some profit-taking for me and my copiers. NOTABLE POSITIONS $ATVI - Most notable for this week by far, the curse of the naughty child Activision has finally broken. With Microsoft sweeping in as the white knight, the ATVI investors finally have a chance for a break. Reportedly totalling $68.7 Billion, the deal would see all shares bought up at $95 a pop, an incredible deal for anyone that bought in during the lows of the stock, and a very welcome return to green for those of us that held through it. News also indicates that Bobby Kotick will vacate his throne after the transaction takes place, which I hope brings a generally postivie point of view back to the company and sees the end of their wrongdoings. Notably, the positive movements of $ATVI, and Microsoft's purchase being the biggest gaming deal in history, are bringing a lot of attention to the other big players in the game. I will be keeping a close eye on $TTWO (Take Two Interactive Software Inc) and $EA in particular in the coming months to find good entrance points. $SPCE (Virgin Galactic Holdings Inc) - Virgin Galactic recently announced they have taken on some half a billion dollars in debt, which is quite terrible news for investors. After the recent delays to their commercial flights, this puts the stock in an even worse position. Work on this is expected to complete somewhere around June-August, at which point I expect the stock to rally somewhat. So we will hold on-to this position in the red until then. $BTC & $XRP - Two of the usual hot topics in this portfolio. Recently the crypto-currency market has gone through an unusally static period as negative press has finally laid off a bit. I expect this to come to an end in the coming months and, hopefully, for us to see some positive movement once more. Crypto uptake generally is still good, but more corporations are hesitant to get in after so much recent bad press and environmental concers. I expect this to change as time passes and the waves continue to die down. That's all for this week as we start making our way into 2022. This year has the potential to be another great and profitable year for the portfolio, huzzah! Thanks as always to all my copiers, present and future. Onwards to early retirement!! NOTE ON COPYING Due to a lot of copiers joining then dropping their position with me after a day or two, I wanted to make some things clear: - Copy Minimum Duration: I recommend AT LEAST 3 months copying with me, preferably upwards of 6 months. Copying for lower durations is much more akin to just gambling, especially if you're only copying for a couple days. You're paying the spread on all the positions you open, so short positions like this are just a waste of money (although I'm sure Etoro will thank you for it!) - Copy amount: I don't have any strong opinions on the amount you should use to copy. Copy with whatever you can. I believe the minimum copy amount on Etoro is $200, which is enough for me considering my relatively small number of positions.

Not investment advice. The author may have financial interests in the mentioned instruments.