(Topic ID: 175889)

Stock Market Traders?


By kpg

3 years ago



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    #4251 46 days ago
    Quoted from iceman44:

    Post 2008 REITS rallied 300% over the next 2 years
    As for “buying stock”. I’m just giving you guys some of my own ideas fwiw
    I manage about $600 million of client assets. That's my business. I also own real estate which is a bad investment by comparison.
    But when I can make +100% returns since April 2nd in stocks like TTD, TWLO, SHOP and a few others
    Mix in MELI, OKTA, SE, AYX, ZM, TDOC, MGB
    And AAPL, AMZN, GOOGL etc
    Read my commentary and take it for what it’s worth.
    I’ve crushed it for myself and my clients

    For some reason I thought you were a lawyer. Obviously if you're managing 600 million and making 6 million a year doing that (assuming normal 1% fee) then you're crushing it. And if you're able to exceed the normal 7% or 8% return on the stock market every year, that's pretty amazing honestly, very few guys that can do that.

    I'm surprised your real estate hasn't been doing that well. Real estate has been crushing it for 10 years now, much better return than the stock market average if you're using any kind of leverage.

    As far as the guy above who asked about businesses, there are guys doing really well with:

    car washes (low risk)
    laundromats (low risk)
    self storage (low risk)
    web based business (higher risk)
    gas stations (higher risk)

    Not restaurants generally.

    Lots of businesses for sale at 3x NOI, meaning that if you pay 300k for it, it will generate 100k net income. Generally, the more stable the business, the higher that multiple goes. Lot of guys are trying to retire and can't find a buyer for their business. Some are good, some are bad, depends on how much the business depends on the owner to actually run.

    #4252 45 days ago
    Quoted from taylor34:

    For some reason I thought you were a lawyer. Obviously if you're managing 600 million and making 6 million a year doing that (assuming normal 1% fee) then you're crushing it. And if you're able to exceed the normal 7% or 8% return on the stock market every year, that's pretty amazing honestly, very few guys that can do that.
    I'm surprised your real estate hasn't been doing that well. Real estate has been crushing it for 10 years now, much better return than the stock market average if you're using any kind of leverage.
    As far as the guy above who asked about businesses, there are guys doing really well with:
    car washes (low risk)
    laundromats (low risk)
    self storage (low risk)
    web based business (higher risk)
    gas stations (higher risk)
    Not restaurants generally.
    Lots of businesses for sale at 3x NOI, meaning that if you pay 300k for it, it will generate 100k net income. Generally, the more stable the business, the higher that multiple goes. Lot of guys are trying to retire and can't find a buyer for their business. Some are good, some are bad, depends on how much the business depends on the owner to actually run.

    Yeah I love small businesses like that. Have set up and advise many clients, LLC’s. Entrepreneurs are great

    Execution is crucial even in the right business

    I started as a CPA, then attorney and started as a financial advisor in 1999 with my partner and an actual “investment” guy

    Started on my own around 2006 and now I integrate legal, tax and financial planning in one place

    My fees start at 80 basis points and go down from there, which includes estate planning, wills and trusts, tax planning and tax returns for some

    We want to provide more for clients and charge less. It’s been a great model!

    Investment wise I pay a lot of money for research from Seeking Alpha, Motley Fool, Guru Focus etc and then build models screening their research and due diligence

    I only give this info for context for people here if I post something

    I think it’s great to get all opinions. You learn every day in this business

    #4253 45 days ago
    Quoted from taylor34:

    As far as the guy above who asked about businesses, there are guys doing really well with:
    car washes (low risk)
    laundromats (low risk)
    self storage (low risk)
    web based business (higher risk)

    Regarding the self storage business, I have always thought that people here in the US have way too much stuff, myself included. I agree with you that storage places have been a good investment, too. Do you know what I have noticed recently at a couple of places where I store stuff? A lot of red locks on the units right alongside another lock, effectively locking those units until the renters pay up. Never noticed so many at one time before now.

    #4254 42 days ago
    Quoted from iceman44:

    Post 2008 REITS rallied 300% over the next 2 years. Buying a handful now. STOR, MPW, FRT, BRX, IRM, BAM. There are 24 positions in my Core REIT model.
    As for “buying stock”. I’m just giving you guys some of my own ideas fwiw
    I manage about $600 million of client assets. That's my business. I also own real estate which is a bad investment by comparison. Terrible actually!
    But when I can make +100% returns since April 2nd in stocks like TTD, TWLO, SHOP and a few others
    Mix in MELI, OKTA, SE, AYX, ZM, TDOC, MGB
    And AAPL, AMZN, GOOGL etc
    Read my commentary and take it for what it’s worth.
    I’ve crushed it for myself and my clients
    Just bought some CCL for myself. "in the ditch" that's coming back

    Thanks for these
    STOR up nicely today!

    #4255 42 days ago
    Quoted from BrianBannon:

    Regarding the self storage business, I have always thought that people here in the US have way too much stuff, myself included. I agree with you that storage places have been a good investment, too. Do you know what I have noticed recently at a couple of places where I store stuff? A lot of red locks on the units right alongside another lock, effectively locking those units until the renters pay up. Never noticed so many at one time before now.

    When money is tight the storage bill isn’t first on the list to get paid. Mortgages, rent, car payments always come first. Around the holidays more people get behind as well, November generally sees more people late than any other month. Right now a lot of people are late, but allowing customers to catch up rather than auction is the way to go. At the end of the day people were prioritizing the important stuff and paying rent on excess garage contents is on the back burner.

    #4256 42 days ago

    Yes thanks Ice!

    (Full disclosure \ I am not bragging here at all. I have made some good decisions, but some bad decisions also over the last few months. I haven’t let my mistakes get me down, learned from them and now I am trying be smarter and evolve to make good choices for the future.)

    So all that being said I have been working things out over the last couple of months, but as of now I have a portfolio Kind of like a burger =

    Top layer of the bun is Growth Tech with stocks like SHOP, MELI, TTD, FSLY and OKTA. These are my long term growth stocks. I bought some low and some at higher pricing, it fine with all of them long term.

    The Slightly soggy bottom bun are the stocks I picked up over the last couple of weeks that were driven down by the pandemic like CCL, REIT’s like MPW, STOR, and BRX, banks like USB and JPM and stocks I never would consider like Oil pipelines EPD and Mortgage insurers like ESNT. If you missed the tech pop I think these will pop also. On these though the pop will be slower than tech but a year or two later you will be happy. These stocks are a little messy now but hey the bottom roll of the burger still tastes pretty good. Put it this way, if CCL hits $22 from today’s pricing you just made over a 25% return. Not bad for a weirdo with
    Pinball machines in his basement.

    The meat in the middle for me is the largest portion of my portfolio with the big tech standards Like Appl, Microsoft, DIS, Nvidia , some tech ETFs like IGV, VGT XLK and growth ARKW and “my S and P“, QQQ which may return lower than S and P 500 over the next year but long term I doubt it. I have some Mid and small cap Funds also but have “picker” funds and not indexes. I have ARTMX and ARTMX that just opened back up to new investors.

    I still have some “lettuce”, or cash, that I will not invest and save for an emergency. I also have cash portions left investing and I can spread around to all the parts of the burger above during dips. THE DIPS WILL HAPPEN! My investing cash is down to like 10% or so now. I never had money in International or Emerging markets and don’t plan on buying those. Watch for INT Holdings in your 401k or target retirement “one stop shop” portfolio picks. You may have 30% or more in International. If that’s ok with you fine, but just be aware.

    I also just started looking at Daily charts when I buy. I go to https://www.investing.com/equities/shopify-inc and look at the candles on 1 minute timer. Still figuring this out.

    Just my story here. This has been an exhausting ride and it’s not over yet. Ups and downs will come. It’s a wild world out there. Be safe and good luck!

    #4257 42 days ago

    Thanks for the CCL tip Ice. I had a sell order @ 17.65 but it wasn't filled. I wanted to buy more shares at a lower level but cant complain.

    #4258 42 days ago

    Does anyone like RIOT blockchain? It has been pretty good for me but not sure where it goes from here.

    #4259 42 days ago
    Quoted from vex:

    Does anyone like RIOT blockchain? It has been pretty good for me but not sure where it goes from here.

    My glib response whenever anyone asks me about anything having to do with crypto is “I have some tulips to sell you if you are interested.”

    #4260 42 days ago
    Quoted from Oaken:

    My glib response whenever anyone asks my about anything having to do with crypto is “I have some tulips to sell you if you are interested.”

    So... that's a yes?

    #4261 41 days ago
    Quoted from Oaken:

    My glib response whenever anyone asks me about anything having to do with crypto is “I have some tulips to sell you if you are interested.”

    I thought the same thing for years, but I finally went in on some BitCoin
    Put in money that I won't miss if it goes to Zero - but the potential payout is huge - much better odds than the slots and you have to gamble sometimes

    #4262 41 days ago

    Any more suggestions on stocks considered still "in the ditch" to watch?

    Thanks to Ice, picked up BRX..... up ~25% on that one. I do feel like I might have missed "most of the boat" on airlines now, I kept holding off on those...

    Also, picked up some SWBI now that it spun off. Did good with this one in the past before it combined with American Outdoor Brands.
    https://www.prnewswire.com/news-releases/american-outdoor-brands-prepares-for-spin-off-with-name-and-stock-ticker-symbol-change-301068545.html

    #4263 41 days ago

    Boeing sure took off yesterday.

    #4264 41 days ago
    Quoted from taz:

    Boeing sure took off yesterday.

    Ya, didn't you know, we all can go travel again!
    Social unrest, market goes up. Next 2 months will show a lot. We are on one damn big experiment here. Im placing myself to go in big and hard on the next dumpster fire.

    #4265 41 days ago
    Quoted from scooter8416:

    Any more suggestions on stocks considered still "in the ditch" to watch?

    I went in pretty hard yesterday on oil stocks that were in the ditch OXY, SLB, HAL as well as financials with JPM and COF. I also bought MGM with the casinos opening today. This adds to my LVS and CNTY.

    #4266 41 days ago
    Quoted from scooter8416:

    Any more suggestions on stocks considered still "in the ditch" to watch?

    I was coming here to ask the same thing!

    What is left that is still "in the ditch"?

    #4267 41 days ago

    Today I learned you pay your dividend to yourself? LOL@me for never knowing this.

    June 4th is my ex-dividend date, so NAVI closed yesterday at $8.19 then had the closing price adjusted to $8.03 to account for my 16 cent dividend?

    For some reason I just assumed I would be using my biscuits to sop up free gravy every 3 months........
    #sad!

    #4268 41 days ago

    With everything opening up I am testing the waters on KO today. Seems like they have been slower rebound than some other stocks.

    #4269 41 days ago
    Quoted from DBLM:

    I went in pretty hard yesterday on oil stocks that were in the ditch OXY, SLB, HAL as well as financials with JPM and COF. I also bought MGM with the casinos opening today. This adds to my LVS and CNTY.

    pat myself on the back, bought into MGM @ $7.66

    #4270 41 days ago
    Quoted from BMore-Pinball:

    pat myself on the back, bought into MGM @ $7.66

    Very nice! Take a look at Century Casinos. Small player but a lot of momentum. Bought heavy at 3.50 and close to 6 bucks now.

    #4271 41 days ago
    Quoted from Oaken:

    My glib response whenever anyone asks me about anything having to do with crypto is “I have some tulips to sell you if you are interested.”

    This is why it's worth the gamble with money you can afford to loose

    Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
    https://blockchain.news/analysis/bloomberg-predicts-bitcoin-price-surge-20000-2020

    #4272 41 days ago

    Tulips...I mean RIOT blockchain up 9% today smells like money.

    Quoted from BMore-Pinball:

    This is why it's worth the gamble with money you can afford to loose
    Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
    https://blockchain.news/analysis/bloomberg-predicts-bitcoin-price-surge-20000-2020

    #4273 41 days ago
    Quoted from sataneatscheese:

    I've sold my CBRL and RRGB today and bought a 1000 shares each of STKS, BNED, BORR, VAL, PRTY, LUB, RUTH, CNTY, OXY earlier today. Almost all of these are highly distressed and selling at a deep discount right now and were down 5-15% in early trading today. Yes I know these are risky, but I have the main retirement fund in sensible mutual funds.

    Well, CBRL and RRGB are both up over 25% since I sold them last month. My other stocks are up, but only by 12%. I sold half my Luby's and Party City after they doubled in price. I bought shares of MITT (REIT) and WMC (REIT) IMCI (Foolish gamble) with those funds and money I got from selling BNED (campus bookstores will take time to recover) BORR (still have), VAL (Still have) are both down about 15%. I am holding on to STKS (up 35%), Ruth (up 1%), CNTY (up 45%) and OXY (up 3%). I am buying distressed stocks while the market is down(ish) and will switch over to sensible stocks once I feel like things are back to normal (looking at MSFT long term).

    Still have kids 529s and my 401k in sensible mutual funds (which are nearing full recovery).

    #4274 40 days ago
    Quoted from pinlink:

    I was coming here to ask the same thing!
    What is left that is still "in the ditch"?

    Possibly REITs if you can stand the volatility? REITs like SPG and SKT are up 100% from their lows and still down 50% from where they were in February. They also pay 10-15% yield at the current prices (down from 20-30% at their bottoms). If you believe in the reopening story, they're a good buy. I think SKT said their mall traffic is already back to 80% of normal in some states.

    #4275 40 days ago
    Quoted from sataneatscheese:

    Well, CBRL and RRGB are both up over 25% since I sold them last month. My other stocks are up, but only by 12%. I sold half my Luby's and Party City after they doubled in price. I bought shares of MITT (REIT) and WMC (REIT) IMCI (Foolish gamble) with those funds and money I got from selling BNED (campus bookstores will take time to recover) BORR (still have), VAL (Still have) are both down about 15%. I am holding on to STKS (up 35%), Ruth (up 1%), CNTY (up 45%) and OXY (up 3%). I am buying distressed stocks while the market is down(ish) and will switch over to sensible stocks once I feel like things are back to normal (looking at MSFT long term).
    Still have kids 529s and my 401k in sensible mutual funds (which are nearing full recovery).

    Glad to see somebody follow me on CNTY. Has been a good play.

    Unemployment numbers much better than expected. Futures point up 500. Normally, I would expect to see some profit taking late in the day but I think people are willing the market to go up right now. Thoughts?

    #4276 40 days ago
    Quoted from DBLM:

    Glad to see somebody follow me on CNTY. Has been a good play.
    Unemployment numbers much better than expected. Futures point up 500. Normally, I would expect to see some profit taking late in the day but I think people are willing the market to go up right now. Thoughts?

    Best market day ever in my portfolio. Up 15% today. I think these riots are showing that the COVID stuff is winding down in weeks to months, not months to years. I'd say Dow 30 000 by the end of the summer. Now is the time to dump tech(which has been strong) and invest in the market sectors that are still down. Once the market fully recovers it will be the reverse.

    As of today I am officially making money off of the Pandemic and am back to pre March levels everywhere except my 529s, which are still down but recovering. Will go back into ETFs once things settle down.

    #4277 40 days ago

    Unbelievable.

    Just defies all rational logic.

    Do markets go down any more?

    Ride it hard until it turns.

    #4278 40 days ago
    Quoted from iceman44:

    Post 2008 REITS rallied 300% over the next 2 years. Buying a handful now. STOR, MPW, FRT, BRX, IRM, BAM. There are 24 positions in my Core REIT model.
    As for “buying stock”. I’m just giving you guys some of my own ideas fwiw
    I manage about $600 million of client assets. That's my business. I also own real estate which is a bad investment by comparison. Terrible actually!
    But when I can make +100% returns since April 2nd in stocks like TTD, TWLO, SHOP and a few others
    Mix in MELI, OKTA, SE, AYX, ZM, TDOC, MGB
    And AAPL, AMZN, GOOGL etc
    Read my commentary and take it for what it’s worth.
    I’ve crushed it for myself and my clients
    Just bought some CCL for myself. "in the ditch" that's coming back

    Thanks for the CCL tip. Bought it on a whim based only on your advice and seeing how historically low it was. How can I receive your commentary/newletter?

    #4279 40 days ago
    Quoted from loneacer:

    Possibly REITs if you can stand the volatility? REITs like SPG and SKT are up 100% from their lows and still down 50% from where they were in February. They also pay 10-15% yield at the current prices (down from 20-30% at their bottoms). If you believe in the reopening story, they're a good buy. I think SKT said their mall traffic is already back to 80% of normal in some states.

    SKT has been a rollercoaster for sure. Lots of money to be made/lost in the volatility. Dividend got suspended as I recall.

    #4280 40 days ago
    Quoted from DBLM:

    Glad to see somebody follow me on CNTY. Has been a good play.
    Unemployment numbers much better than expected. Futures point up 500. Normally, I would expect to see some profit taking late in the day but I think people are willing the market to go up right now. Thoughts?

    Your earlier list lead me to look at OXY, COF and MGM and I bought $10k+ of each to add to my “ditch portfolio” yesterday. Thanks for posting!

    I am sure people will trade and profit on the ditch stocks take but damn if you ducked out yesterday to profit where would you be 1 minute into trading this Morning? My plan is to keep the ditch stocks 6+ months or longer, sell and switch back to add to my long term tech purchases. I figure OXY will be a much better play than MELI or TTD over the next year, but not 3-5-10 years from now.

    Would like to hear what others plans are also.

    #4281 40 days ago
    Quoted from Oaken:

    SKT has been a rollercoaster for sure. Lots of money to be made/lost in the volatility. Dividend got suspended as I recall.

    Correct. It's postponed. To qualify as a REIT, they have to pay out something like 90% of their profits as dividends, so I imagine if business returns to normal faster than expected there will be a larger and/or special dividend at the end of the year to make up for the quarterly suspension.

    #4282 40 days ago
    Quoted from pinnyheadhead:

    Your earlier list lead me to look at OXY, COF and MGM and I bought $10k+ of each to add to my “ditch portfolio” yesterday. Thanks for posting!
    I am sure people will trade and profit on the ditch stocks take but damn if you ducked out yesterday to profit where would you be 1 minute into trading this Morning? My plan is to keep the ditch stocks 6+ months or longer, sell and switch back to add to my long term tech purchases. I figure OXY will be a much better play than MELI or TTD over the next year, but not 3-5-10 years from now.
    Would like to hear what others plans are also.

    Glad my call helped you out. In fairness, not hard to make money in this market right now but I think that I have made good purchases at the right time. We will see what happens.

    #4283 40 days ago

    cashed out kpgs STKS pick this morning.. made all the money back i lost on my own bad moves in march, plus a little. that's good enough for me.

    looks like we could get a hurricane to gulf coast here soon to add to the apocalypse

    #4284 40 days ago

    Great day.

    It’s nice seeing the Stock Market Traders thread being utilized to actually discuss stocks.

    #4285 40 days ago

    Can someone please talk me off the ledge....

    Because of all the market uncertainty and the fact that I thought the jobs report was going to be a bust, we cashed out most of our 401k yesterday. We were tired of worrying that the market was going to plummet again and wanted our money to be safe.

    Woke up this morning and so want a do over.

    #4286 40 days ago
    Quoted from Shapeshifter:

    Unbelievable.
    Just defies all rational logic.
    Do markets go down any more?
    Ride it hard until it turns.

    It's rational when you take a look at the fed and interest rates
    same thing that drove the market up in 2009
    not much out there to compete with the market for returns when interest rates are 0 and teetering on negative

    #4287 40 days ago
    Quoted from PismoArcade:

    Can someone please talk me off the ledge....
    Because of all the market uncertainty and the fact that I thought the jobs report was going to be a bust, we cashed out most of our 401k yesterday. We were tired of worrying that the market was going to plummet again and wanted our money to be safe.
    Woke up this morning and so want a do over.

    Not sure what to tell you...
    If you are near retirement and need safe investments - there are places to park you money that won't earn much interest but it will be "safe"
    Everything I read tells me the market is going higher. It's still going to be a roller coaster week to week, but when you look back at it in a year or 2 ......
    Only you can evaluate your needs and risk level/tolerance

    #4288 40 days ago
    Quoted from BMore-Pinball:

    Not sure what to tell you...
    If you are near retirement and need safe investments - there are places to park you money that won't earn much interest but it will be "safe"
    Everything I read tells me the market is going higher. It's still going to be a roller coaster week to week, but when you look back at it in a year or 2 ......
    Only you can evaluate your needs and risk level/tolerance

    Thanks;
    We've been retired 10 years and thought it was time. We're going to keep it in our savings while we explore low risk options.
    We kept some in so we still have reason to cheer on the market.

    #4289 40 days ago
    Quoted from jacksparrow0112:

    Just saw this post for the first time. Funny enough, back in March I decided to dip a toe into day trading because the market had (in my opinion) bottomed out, and there was a lot of potential upside. My goal was to try to make enough during the economic recovery period to pay for a new stern pro in full.
    Over the past 10 weeks my day trading has gone exceptionally well, and just this morning, I cleared the $10k milestone (almost 2 stern pros). My initial bets in Tesla, Netflix and Wayfair paid off huge as lockdown commenced. Now I am doing well with United Airlines and Apple.
    I know that I will end up loosing 35% in taxes next April since I’m holding these stocks for only 1-2 days at a time which is a bummer, but right now I’m feeling pretty good about how things are going.
    I don’t pretend to be an expert, and some of my bets got very lucky. For those of you on the sidelines I would consider getting in now or possibly waiting to see if the economy takes another downturn with so many Americans being unemployed. For those of you who have been investing for years I’d love to hear your recommendations and lessons learned. My house has room for 4 pins and I currently only have one (Stern Jurassic Park). My new goal is to make enough in investments to possibly add Stern’s new TMNT (Depending on upcoming gameplay streams) along with JJP’s Pirates and (fingers crossed) their upcoming GnR.
    Happy Flipping!
    Kevin

    Talk about beginner's luck!

    Last week Thursday I decided to take a big risk and put all of my COVID earnings to date plus the savings amount I started with into United Airlines. Over the past 3 days that stock has shot up 50%!!! As of a few minutes ago, my COVID earnings to date are roughly 4-5 Stern Pros. Hoping this economy continues to rally and we don't see a spike of COVID cases in the next few weeks. In the meantime I certainly feel like celebrating. Very happy I decided to take the plunge 3 months ago and get into day trading. I'm sure returns like this are unheard of during more standardized economic times.

    #4290 40 days ago

    It's really hard to keep track of exactly how much up and down you are at any given time. However, since I moved to Schwab on 22 May, my portfolio is up 45.5%. I shifted things around again today and have the following breakdown in my IRA.

    OXY-43.20%
    CNTY-13.77%
    IVR-9.31%
    MITT-7.76%
    AI-7.06%
    NYMT-6.4%
    WMC-6.38%
    BORR-2.32%
    PRTY-1.88%
    VAL-1.53%

    My focus has been on buying stocks that are at 50% or less of the pre-COVID price that seem likely to bounce back. If you look these up, I am heavy in oil, casinos, and REITs. In the past week I have bailed on RUTH, STKS, LUB, BNED and IMCI. BNED and IMCI were the only real losers there. I have officially recovered from COVID... in my IRAs at least. 529s are still down around 15% and 401k is down about 5%. However, when the markets settle tonight it should be pretty close.

    #4291 40 days ago
    Quoted from jacksparrow0112:

    Talk about beginner's luck!
    Last week Thursday I decided to take a big risk and put all of my COVID earnings to date plus the savings amount I started with into United Airlines. Over the past 3 days that stock has shot up 50%!!! As of a few minutes ago, my COVID earnings to date are roughly 4-5 Stern Pros. Hoping this economy continues to rally and we don't see a spike of COVID cases in the next few weeks. In the meantime I certainly feel like celebrating. Very happy I decided to take the plunge 3 months ago and get into day trading. I'm sure returns like this are unheard of during more standardized economic times.

    Congratulations! That’s fantastic!

    #4292 40 days ago

    I should have dumped everything at market open today. I'm up, just could have been a lot more. Just greedy I guess.

    #4293 39 days ago

    MAC

    Urban Class A shopping with cap rates at 6-7.5% puts this REIT at $30-$44 per share. Was trading at $37 before Covid.

    Started buying at $8.58 last week and up big Friday, 20%, buying more on Monday.

    RISKY, and IF you believe the recovery will continue faster like I have called “in the ditch” scenario then it has a lot of upside potential.

    I’ll post my last week commentary on additional reasons why market is where it’s at. A few more reasons.

    #4294 39 days ago
    Quoted from sataneatscheese:

    It's really hard to keep track of exactly how much up and down you are at any given time. However, since I moved to Schwab on 22 May, my portfolio is up 45.5%. I shifted things around again today and have the following breakdown in my IRA.
    OXY-43.20%
    CNTY-13.77%
    IVR-9.31%
    MITT-7.76%
    AI-7.06%
    NYMT-6.4%
    WMC-6.38%
    BORR-2.32%
    PRTY-1.88%
    VAL-1.53%
    My focus has been on buying stocks that are at 50% or less of the pre-COVID price that seem likely to bounce back. If you look these up, I am heavy in oil, casinos, and REITs. In the past week I have bailed on RUTH, STKS, LUB, BNED and IMCI. BNED and IMCI were the only real losers there. I have officially recovered from COVID... in my IRAs at least. 529s are still down around 15% and 401k is down about 5%. However, when the markets settle tonight it should be pretty close.

    I was super fortunate to randomly buy OXY on Thursday before the boom on Friday and it was my best trade ever, but it is more like 1-2% of my portfolio and not 43%. Good luck!

    #4295 38 days ago
    Quoted from iceman44:

    MAC
    Urban Class A shopping with cap rates at 6-7.5% puts this REIT at $30-$44 per share. Was trading at $37 before Covid.
    Started buying at $8.58 last week and up big Friday, 20%, buying more on Monday.
    RISKY, and IF you believe the recovery will continue faster like I have called “in the ditch” scenario then it has a lot of upside potential.
    I’ll post my last week commentary on additional reasons why market is where it’s at. A few more reasons.

    You are on a roll

    #4296 38 days ago
    Quoted from iceman44:

    MAC
    Urban Class A shopping with cap rates at 6-7.5% puts this REIT at $30-$44 per share. Was trading at $37 before Covid.
    Started buying at $8.58 last week and up big Friday, 20%, buying more on Monday.
    RISKY, and IF you believe the recovery will continue faster like I have called “in the ditch” scenario then it has a lot of upside potential.
    I’ll post my last week commentary on additional reasons why market is where it’s at. A few more reasons.

    Ice man thanks for all your tips I must say you are allright in my book no matter what your teachers used to say about you and we have never meet but is this you
    9A6271CF-3C0A-4D56-8349-16A9F26B2336 (resized).jpeg

    -1
    #4297 38 days ago
    Quoted from iceman44:I’ll post my last week commentary on additional reasons why market is where it’s at. A few more reasons

    Looking forward to your analysis. Ice is putting money in Pinsiders pockets for multiple nib machines.

    #4298 38 days ago

    MAC looks like it's been on a downward trend since forever. But Ice hasn't been wrong yet...

    #4299 38 days ago

    Sent this out last week as a follow up to my "China Tensions..." commentary.

    Adding to my why we are where we are currently thesis fwiw.

    50 Day Rally.pdf

    #4300 37 days ago

    I think we will have a sell off tomorrow.

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