There shouldn't be a deadline to the split. It will be the same total price overall with 1 share before or 20 shares after. If you own stock prior to the split, you will get it. The only thing that you might consider is that stock prices have a tendency to jump right after a split like this and you might catch the rise if you buy before.

I've been watching as well try to decide as well but since the price keeps dropping...well was. I assume the fed stuff wasn't as bad as people expected based on the jump across teh board today. It was down to 2392..would have been a good time to buy.

Correct, I've been hovering waiting to strike.
Missed the 2400 this morning.
I went and found my info on etrade.
If you want the split you have to be registered holder of the stock by June 3. So give it proper time to settle in full before that date. Ie dont buy Amazon on June 3rd with sales from that day.
Have it in cash account or buy at least 3 or 4 days before 3rd.
And shit, just as fed is speaking it's popped to 2500.
So, I will give this a week or so and hover like a hawk.

Thanks!

Why the big jump all of the sudden?

Fed only raised rates .5 instead of .75.
The jump in stocks is across the board.
I'm almost back to where I was about 3 weeks ago.

Almost - not if you’re a Netflix holder!

Just need to buy the shares on or before June 3.

Don't expect this alone to move the shares in a significant way though

I bought Alphabet knowing the 20-1 split is happening in July. Price was low, they have great cash flow, and splits historically outperform the S&P by 16% one year after split.

Have a ton of Amazon and google ready for the splits. Down like 15% on Amazon and 8% on alphabet. That was the worst day for Amazon since 2006. Go figure right after I hop in.

Hang in there, I also bought in early, but I know that they have big plans. For example, they're getting into brick and mortar grocery stores, they're testing amazon fresh market in Seattle, it's like a Walmart superstore with smart carts, you just walk out and the cart charges your card. They're also going to expand their prescription biz and offer everything like a CVS or Walgreens, even consultation with a pharmacist (I'll bet you they'll buy a co like Teledoc soon, and then they'll be able to write the scripts too). Lastly, there are reports about them getting into small business lending and freight/logistics to compliment AWS. Read this article:

https://www.cbinsights.com/research/report/amazon-disruption-industries/

re: Market - I would laugh if it wasn't so insane.

Bought Amazon yesterday. Huge drop today! What the hell happened now? Did Jeff Bezos get caught with the secretary or something?

you had it backwards - sell on green days and buy on red days

Yesterday was red for a while

Just reloaded more Amazon

Alphabet over Amazon all day. Supply chain and increasing costs are going to continue battering Amazon IMO.

Bought and sold GNOG several times during pandemic. Sold at a high few months back, kept 5 shares as a tracker.....
Just figured out I'm the Brand New owner of DKNG!!! Up 165%!
F@*k! Why didn't I keep those 200 shares??????
Oh well, moving on with 5 DraftKings.
FYI, all of yesterday up, now gone.
Watching Amazon to hit between 2200-2250.
Hover like a Hawk.

So Dkng bought Gnog?

Yup. Been on the books Closed before open today.

I don’t see DKNG up 165% right now

I'm Up from the Gnog price conversion to DKNG. My Gnog's vanished and are now DKNG. Not bragging, by selling gnog I'm out a couple grand.

Edit: Now is not the time to buy DraftKings.

Anyone brave enough to buy some TQQQ and wait for the recovery?

.

Almost bought tqqq calls end of day then said F this

The Amazon grocery stores here are rad, it feels almost like you are stealing loading up your cart and walking out without even talking to anyone. They were nice during the high infection rates of the pandemic.

Based off of what has happened this month I stand by this decision.

I just pulled the trigger and bought some Amazon at $2325. The last time I owned AMZN was when I was married, we sold our remaining shares when we spit for around $450.

I am blown away by the Disney slide. Where is the bottom? Its got to be close to where it is now ($110)?

I get that the subscription streaming platforms are all pretty shaky right now, but I recall their last quarterly numbers showed their subscribers ahead of estimates (unlike Netflix). It still kept dropping.

And dont they expect huge theme park numbers this summer? Unlike last year when there was minimal international travel.

I dont claim to know shit. I am afraid of the stock at this point. But literally what is up with this steady fall over past 6 months?

I live right near Disney World and the parks are always packed as far as I can see even tho the prices are through the roof.

Who's knows the bottom, but I would be comfortable buying here for a long term hold as I agree with your thesis

Market is forward looking and more focused on other Disney divisions like Disney+ (given the drops at Netflix).

That said - stock is a buy down here somewhere.

DIS releases earnings Wed after the market. Id like to add some more shares to reduce my cost basis ($127) but ill wait. If it goes down ill buy, if it goes up i may make some money eventually..

1E440B14-E32C-40BD-99E1-E7D0ADF4C464 (resized).jpeg

Where’s iceman44 in all of this?? Maybe if we say his name 3 times he’ll appear

Everything is on SALE!
Buying opportunities abound.

My heart goes out to those still holding palantir.

How about for those holding Amazon?

Long term it will all be ok. If you have cash now - wait. Bear market will not run away from you.

Hold, no reason to sell.
This isn't day trading, it's investing.
I got some goog too.

Holy shit, the panic is starting to set in.....hang tight, they'll start buying soon, the valuations are now too cheap to ignore.

HODL (resized).jpg

I have mainly s&p 500 and bonds. I am a long term guy and am not selling anything. But I do have plenty of cash to invest as well. What would you invest in the present market?

pinball machines! I'm buying at the top baby.

Seriously, though, I'm DCAing every spare dime into SPY/BRK and my pinball money goes into IVV for easy accounting vs the SPY position. Not gonna lie, the 10% hit from this last week has me rethinking which machines I'm considering. (Rush is looking more like a disposable luxury but I'm still all-in on Godzilla)

edit: both my spouse and I work at different largeTechCo so we have the NASDAQ + FAANG thing covered. If I didn't have (over)exposure there, I'd probably add some straight QQQ into my mix, but also SPY is so heavily weighted towards microsoft/apple that you basically get the revenue generating companies.

iceman44 where you at?

Large cap tech with low positive earnings multiples.

so what do you see as " too cheap to ignore"

Tech will have the best bounce...you can play it with the least risk by buying into QQQ or you try the perrininal favorites also safe (techs with profits): MSFT, AMD, FB, and NVDA.

Dan Ives : This is a Darwinian world for tech the coming year. The strong tech business models exposed to solid end markets with reasonable valuations will gain share and be focal names for investors. The tech froth will be crushed and/or be part of consolidation. Then creates next cycle.

AMD had great earnings and the stock seems to be holding at $85 so if it dips back into that range ill be adding some. Im a small investor and own 10 shares at a cost basis of $118. It would be nice to get that to around $101 by adding 10 more.

Thats usually my strategy for decent companies. Ill possibly do the same for AMZN post split as im not adding anymore shares at $2100. One at $2495 is enough

Other good tech hardware companies I own with low PE are MU and HPE but id consider MU the buy.

my cost basis is under $10 on AMD, i got slaughtered on shopify. Thinking i might take my licks and get more AMD, it's a winner.

I'm not buying anything. I'm on the sidelines watching. When the market open up (dow)+450 at 9.30am, then around 11am it's down -450, around 2pm it neutral and at 4pm it closes down -90 it's a big clear warning sign to.kerp the f*$k out, something is severly wrong

Markets def broken but we’re rallying tomm off any good cpi data. Bet.

For sure. If it's a hot number we are screwed though.

Unless you are stacking divs there's no rush to get into much right now. This is going to go for awhile.

Yeah, true...unusual times, well for most of us anyway. We've been used to QE policy for so long we don't know what QT even looks like. Whatever happens unless you're on margin you have very little to worry about. The market will throw out the good with the bad, as usual and then calm down and swing the other way. With that said, the sentiment is overly pessimistic right now, so there maybe a few more rallies and pullbacks before we put in a solid bottom.

At least two more weeks of major see-sawing resolving on the downside is my guess. Then figure over the next 10 months (as stated above) a lot of over-reacting as we fish around for the market bottom. Then while everyone is feeling REALLY depressed about the market the recovery will start.