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(Topic ID: 175889)

Stock Market Traders?


By kpg

3 years ago



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    #410 3 years ago
    Quoted from Astropin:

    Just a little update on my Prosper account. Nearly a year in now and I'm averaging 11.7% return which is beating my expectations by a large margin. This is still WAY too short of a time frame to properly judge but I'm impressed with what I'm seeing. I did "customize" my account with certain restrictions on how my money is loaned out and I also customized the percentages assigned to the loan ratings (AA through E). I'm weighted mostly in the B & C class loans (55%) with A & D classes representing 35% and E at 10% (I have 0% in AA).

    Unfortunately in the great state of MD you can't invest in Prosper

    2 weeks later
    #425 3 years ago
    Quoted from Astropin:

    It's not a stock I own ....they take your money and loan it out to people. It's referred to as "peer to peer" lending. I have mine set up as a Roth account but you can also just do straight lending.

    Lame. Same with Lending Club? I couldn't do Lending Club but could do Prosper.

    Was able to do lending club, seeded it with $5k just to observe how it works and if it's any good

    2 weeks later
    #443 3 years ago
    Quoted from Astropin:

    Yeah I'm generally not a fan of LTC insurance.

    I have seen people lose a large majority of their savings due to long term health issues later in life.
    I'm a big fan of insurance .... never think of it until you actually use it.

    2 years later
    #1588 9 months ago

    Best stocks i ever bought were purchased at the end of 2008 - beginning of 2009 when the market was in complete panic
    I ought quality companies with 4-6% dividend payments
    Collected the dividends while i waited for the market to work out
    Most of those stocks ended up being 300% gains

    this week feels very similar to 08/09

    #1735 9 months ago
    Quoted from DCFAN:

    You thumb me down for posting facts? All I did was put some perspective into what a huge drop would mean in relation to the last ten years.
    Are you scared or being defensive?

    sorry, I think that was a miss-click and meant to click the thumbs up

    #1736 9 months ago
    Quoted from Mike_J:

    You’ve got to be buying oil.

    how did that work out?

    #1740 9 months ago
    Quoted from DBLM:

    I see a lot of talk about dividend stocks on here. Are folks primarily buying for the dividend? My broker and I tend to buy stocks that we think are going to have movements up and if they pay a dividend while we wait, that is a bonus. Just curious how others are approaching this.

    I like a quality undervalued company that pays a dividend.
    If the stock trades sideways for years, you are still collecting 5%

    #1756 8 months ago
    Quoted from DBLM:

    Makes sense. We tend to be a little more active in our trading so if we find an investment that is going sideways and we think that if there is a better opportunity somewhere else at the time (factoring in dividends), we tend to move over. I hate having dead money locked up.

    I agree, but sometimes you have a sideways market and earning 5% returns from a solid company is not bad - especially in a bear market

    #1758 8 months ago
    Quoted from Chitownpinball:

    I was dumb and bought the last dip. Luckily not all of my cash though, still have a chunk to trade when we finally hit bottom.
    We just had conference after conference cancel at work. Im not buying shit for a while.

    maybe dumb today - but i think all we be find 1-2 years from now
    It never feels good buying against the market

    #1763 8 months ago
    Quoted from cottonm4:

    Looks like the early morning relief rally has faded. But the day is still young.
    Some of you talk about Boeing. I think Boeing, a major DOW stock, will see $200.00 per share as this virus crisis (or whatever you want to call it) continues.

    Boeing is probably overpriced at $200 at this point in time

    #1868 8 months ago
    Quoted from cottonm4:

    These are all DOW stocks.
    Boeing, BA is down $27.00 today. Now priced at $161.00. On Feb. 18, 2020, Boeing was a $340.00 stock. Down $178.00.
    .

    BA has a multitude of issues, not sure it's even worth $100
    I sold this a while back north of $400 - one of my best moves

    #1878 8 months ago

    You are not going to be able to solve irrational fear and panic with monetary policy.
    Nothing is going to cure is absurd fear but time

    #1950 8 months ago

    some more big drops next week would not surprise me

    #2068 8 months ago
    Quoted from DBLM:

    I personally hit the nuke button today and pulled out. Did this in 2008. Is sucks, but based upon the data that I have this is going to get a lot worse before we rebound. I think the rebound is going to be spectacular, so this is a way to preserve capital now to make up more than my current losses on the recovery. Moves I made the past 2 weeks did limit my downside, so that is a minor win. Good luck to all.

    This is not a great move, but more people will follow.
    I held steady in 2008 and made selective purchases - I felt like an idiot buying back them but had several buys turn into 300%+ gains
    Once most of the people with your fear get out, and this virus passes us by - I have a feeling market will move up quickly
    Would not be surprised to see a 5,000+ point gain in a week in early summer.
    With interest rates at 0% and possibly negative, not many people are going to keep money on the sideline once we get through this mess and economy starts to recover.
    Really difficult not to panic sell at this point, but in the history of stock market drops - every single one of them became a buying opportunity.
    At some point this will also be that opportunity.

    #2074 8 months ago
    Quoted from jackd104:

    I don’t follow. All you did was lock in your loss. What’s your strategy from here?

    Once the majority of those type of people are out of the market, we can start searching for the bottom
    Historically, they usually end up getting out at the worse possible point

    #2143 8 months ago
    Quoted from Methos:

    Can Boeing survive the Max and COVID 19?

    I would take a look at BA when it sinks under $30

    #2152 8 months ago
    Quoted from Methos:

    It's sad. Trump is just pushing this mass spending to prop up his polls and increase his chance of re-election. And you're right, we'll be long gone but our kids and their kids will suffer because of these short sighted decisions. I guess if you don't have kids, you might not care as much, but for those of us that do, it's depressing.

    Politics aside - and not stating an opinion on what he is doing .....
    He is in a no-win situation with people that do not like him. There is nothing he can do to make his haters happy.
    If he was not pushing the spending, they would be saying "people and businesses are hurting and he is not doing enough"

    #2154 8 months ago
    Quoted from desertT1:

    Picked up 100 of ABR today. Can get some more if it drops more but wanted to get that first 100. Expecting to get 30-60 more in the next few weeks.

    Only thing that worries me about that stock is: with the 08/09 crash they cut their dividend which kills a stock with a high dividend
    I understand it's a different situation, and the 08/09 crisis directly effected them ... but still

    thoughts?

    #2179 8 months ago
    Quoted from cottonm4:

    The rules are being made up as we go along.

    Always seems that way with government, we seem to always be more reactionary then proactive.

    #2196 8 months ago
    Quoted from cottonm4:

    Boeing is off $22.00 per share. Now priced at $101.00 per share. 1 month ago it was a $330.00 stock. Now there is talk that the dividends need to go away. If Boeing holds out its hand for some govt. money, I agree the dividend needs to go away.
    I wonder just how low can it go?

    I am a buyer @ $20 -$30

    #2206 8 months ago
    Quoted from cottonm4:

    For anyone in a rush to buy:
    If you bought the top in 1998, it was 2007 before you got back to even and that was only for a very short time. And from the 2007 top it was 2013 before you got back to even.
    If you want to buy, I think you will have lots of time to find a place to buy. Trying to pick bottoms can be suicide.
    [quoted image]

    pretty sure we are currently not at the top
    arguably not at the bottom either, but no where near the top

    #2208 8 months ago
    Quoted from DBLM:

    And this is why I pulled out. I do not want dead money in the market.

    good move if you can pull out close to the top - which was early Feb
    otherwise if you pull out close to the bottom and the recovery passes you by, you did yourself no favors

    #2209 8 months ago
    Quoted from PinHigh1:

    I bought MAR and USFD + more XOM and GE today. Long 15-20 years timeline.

    I think MGM right now is a much better buy than MAR
    USFD looks interesting at these levels
    XOM - not sure I would touch oil right now
    GE has had too many past issues for me - similar to BA

    #2294 8 months ago
    Quoted from DBLM:

    It’s funny, I’m 42 and have a lucrative career. It used to be my ambition to retire in my mid fifty’s with a sum that would allow me to never work again. As I get older, I don’t think that is my plan anymore. 2 years ago I bought my dream house, which was incredibly expensive but a tremendous investment opportunity as it was significantly under valued. I have to pay this off, but I think I should be able to in the next 15 years or so while maintaining my current lifestyle. This is a long way around the horn to say that not only do I need to work for a while, but that I want to work longer. I enjoy what I do and take great pride in my work. My technical counterpart that I worked with for the past 4 years just retired at the age of 76. He has several millions of assets so has not needed to work for a while. However, he loved meeting with clients with me and said that work kept him young. I am meeting more and more people that are telling me similar things. I guess I will see how things play out as I get older but my thoughts on this have really started evolving over the last 6 months or so. Is anybody else having similar thoughts about wanting to work longer?

    Would not consider retirement until I was debt free
    and retirement to me just means working a more casual less stress job

    #2295 8 months ago

    Old malaria drug hydroxychloroquine may help cure coronavirus: study

    https://nypost.com/2020/03/19/old-malaria-drug-hydroxychloroquine-may-help-cure-coronavirus-study/

    The treated group was given 600 mg of Plaquenil each day.

    The researchers found that 50 percent of the treated group turned from positive to negative for the virus by the third day — and by day six, that figure was up to 70 percent.

    Of the 20 test patients, six of them who were treated with both Plaquenil and the antibiotic Azithromycin showed impressive results — with five testing negative at day three. All six of them tested negative at day six.

    “Despite its small sample size our survey shows that hydroxychloroquine treatment is significantly associated with viral load reduction/disappearance in COVID-19 patients and its effect is reinforced by azithromycin,” the study concluded.

    if this comes to fruition in the next few days, the market could shoot up very quickly

    #2307 8 months ago
    Quoted from loneacer:

    I'm moving away from individual stocks and going more ETFs, but the stocks I still have are mostly aristocrats. They've increased their dividend 25+ (some 50+) years in a row. Some of them are now yielding 7-10%. They'll do anything to keep their aristocrat status, so if you want to gamble you could be setting yourself up for life buying those now.
    I worked at Leggett & Platt for 10 years. They are one of those 7% yielding aristocrats. That is their single most important metric. They led every internal quarterly earnings release mentioning it. During the financial crisis, they made corporate departments fire around 10% of employees to keep the earnings going. I'll never forget when our bosses came around to everybody's office and went through their office supplies taking any excess to ration to other employees. If we had more than a couple of pens, they took the rest. Same with paperclips, post-its, etc.

    A good indication is looking back at the financial crisis of 08/09 and see what companies kept their dividend going

    #2506 8 months ago
    Quoted from Friengineer:

    Cruise ships can go straight to hell! Don't care of they go under.
    The airlines will get a bailout package. Many of the restaurant owners I talked to won't make it two months shutdown. I think alot of restaurants will go under. Support your local Mom and Pop places!

    A lot of people from poor countries find good employment on cruise ships
    They are huge employers, would not be good for the economy for them to go under
    Not to mention the impact on the ports they leave from and visit

    #2525 8 months ago
    Quoted from pinballjj:

    DOW 1000 , too many reasons to list .

    so ~ 95% drop from current levels
    I don't see a path
    It's going lower but that's end of the world low and this virus doesn't get us to end of the world - next one maybe

    #2556 8 months ago
    Quoted from kpg:

    If anyone is looking for a potential lotto play betting on a full recovery after this mess, a stock that can rip 300-500% in the next year, look at STKS (One Group Hospitality) they own the high end STK steakhouse chains and Kona Grills. Their revenues have been rising year over year, and were $4.50+ before this mess, and currently sitting around ~$0.90/share.
    Totally speculative but when this recovers this stock will blast off IMO.

    High end and luxury items are the first things to take a hit in a recession
    Not something I would jump into

    #2558 8 months ago
    Quoted from Rondogg:

    Why does the bounce in the market feel like a false flag?

    Because until you can turn on the news and the virus is a 5 min. segment instead of the entire news cast - people are still going to panic and sell stocks

    #2690 8 months ago
    Quoted from DBLM:

    This feels almost like a bull trap to me. People are excited but nothing has fundamentally changed. I missed the timing on Boeing but the others on my list are all still there. Anybody else feel this way?

    I agree, some stocks are up 50 -100% from their lows a week ago. There has got to be massive profit taking soon.
    I just can't see calling a bottom until we stop the 24/7 virus news cycle.
    I think after another weekend of people staying home watching the virus news network, monday will be another strong down day

    of course i could be 100% wrong - would not be the first time

    #2704 8 months ago
    Quoted from kpg:

    The fed has indicated they are willing to have "Unlimited" stimulus to do what they can.
    Something stinks about all of this right now. Then they want to rush the opening up of everything in a couple of weeks? Risk making matters worse rather than let the storm pass?
    If this backfires, and chances are it will, then things can get uglier.. even faster than we saw a couple weeks ago. People have such short memories. They see green days in the stock market and all is well again... When it goes down they see blood. Amazing how the stock market can change a persons sentiment almost immediately. People seeing this rally over the last few days may even think the virus is going away now..

    Honestly, politics aside, I don't think anybody is trying to rush anything.
    I think the Easter opening is just trying to create some positivity and is open to change when/if circumstances necessitate - we can't stay shut down forever.
    In reality, things are being evaluation on a daily basis and nothing is set in stone for any future date

    #2709 8 months ago
    Quoted from Shapeshifter:

    Dead cat bounce?

    give it another weekend of 48 hours of nonstop virus news and lets see with the market does on Monday

    I would not touch Boeing at these levels

    #2712 8 months ago
    Quoted from pinlink:

    I hope you are right. Like others have mentioned, I too have been waiting on the right time to dump a bunch of money in and feel like I missed my chance.

    I think FOMO is one of the factors driving the market higher this week & short sellers cashing in

    #2947 8 months ago
    Quoted from pinlink:

    I suck at this. How is EVERYTHING up right now? Thought we would see another plunge today.

    I agree, assume it's a reaction to massive stimulus
    give it a few days - I would not be buying today
    difficult to see how anything good comes out of long term economic shutdown - even with the fed

    #3016 8 months ago
    Quoted from sataneatscheese:

    Just put in an order for 1,000 shares of BURG... the parent company of Hooters at $.31 a share (a whoping $300). It is currently at .38$. I am still of the opinion that restaurant stocks are beyond bargain basement prices right now and will rebound in the coming year. If what they say is true and 1/3 of Restaurants go out of business, where are their customers going to go? Yes there may be less customers, but I have a feeling there will be an even smaller supply of restaurants to serve that need.

    I think hooters was on the decline before the virus
    During times like these, you only want to buy the strongest companies, even if they are at a more expensive valuation

    #3042 8 months ago

    if you want to buy a solid restaurant, put your money in MCD
    you can always buy this on the dips with confidence and pays a solid dividend
    Cheap food sells in a recession/depression

    #3072 8 months ago
    Quoted from LukyDuck:

    I read an article about one of the cruise lines today. They have offered refunds to customers and something like 45% of the customers took credit instead of a refund.
    I am leaning towards a lot of humans having a short memory span. Cruise lines and airlines will have some great deals this summer and I believe a lot of people with take those deals. Those with credit with those businesses will be using that credit before it expires. And millennials will take advantage of the cheap fairs.
    Now, I am not saying everything will go back to last years levels. But I believe they will have a bunch of people take those deals. Their stocks will recover decently from where they are today.
    That’s my prediction!

    I agree about short memories, but the virus is going to be with us in some version for a long time until have an effective vaccine. It's not going to 100% disappear - so it's not going to take much to remind people that going on a cruise where everyone is eating at the same buffet is a risk. It can easily reignite on a cruise this summer from a single carrier. I love cruises, and have been on a lot with the family - but I am not buying in again so soon.

    #3086 8 months ago
    Quoted from cdnpinballer:

    Carnival is trading at a 24 year low now.

    this could have something to do with it.
    Some of these lines could go bankrupt?

    #3152 8 months ago
    Quoted from DBLM:

    Seems fair. Only restaurant I have on my list is MCD. I saw on CNBC today that somebody (edit: Jim Chanos) was negative on Dunkin, Wendys, and a few others. Take it with a grain of salt as he is a pretty big short seller.

    I think DNKN is a buy around these levels, but I would own SBUX first as the stronger company

    #3154 8 months ago
    Quoted from swampfire:

    Well let me tell you about my 300 shares of DAL, now down 44% from my entry point at around 40 bucks. I’m holding on because I think Delta will be one of the last airlines standing, but there’s a nonzero chance that ALL of the airlines will reorganize under bankruptcy. Very few international flights for the next 9-18 months, and even domestic is a question mark.
    I made the classic mistake of looking at the dividend at saying “hey, I’m happy with just getting 3-4% while I hold this”. Now all of the airlines have cancelled their dividends to raise cash. It’s a cluster.

    I bought into DAL also before realizing how bad things were getting
    Cut my losses and got out today.

    I personally have 0 desire to fly anywhere that is not a necessity for at least the rest of the year

    #3221 8 months ago
    Quoted from usandthem:

    Seems like the market wants to take off like a rocket ship from here on the slightest bit of good news, but needs an atomic bomb to make it fall right now. I'm just trying to figure out who's right regarding the overall economy: It ranges from "full-blown depression" to happy days are here again in 3-4 months. It's hard to know what to do when respected people are so far apart in what they believe the future holds.

    the bigger they are they harder they fall

    #3223 8 months ago
    Quoted from sataneatscheese:

    I fall solidly in this corner.
    Jumped out on the way down at 22k. Jumped back in at 20k on the way up in the kids college fund and IRAs, jumped in Monday morning with the 401k. I have been burned 1 time in the stock market, and that was back in 2011-2012 betting against the market right before they unleashed "Quantitative easing". When the government starts throwing money around, in general, the market goes up. I think the bottom of the market will be in before the worst of the virus hits... which is coming in the next 30 days here in the USA (me thinks). I'm losing my butt on my speculative single stock plays, but am holding on to them for now. I bought Cracker Barrel at 99, it's at 84.88 after market (it briefly dipped down below 70). I bought Red Robin at 12, it's at 10.60 after hours. It was down below 7 last week but has surged 40% in the past 24 hours. I may keep Cracker Barrel long term, but with stocks fluctuating so much I think the restaraunt stocks are oversold. I will probably dump Red Robin in the next month. I am looking at cruise stocks right now, and think Carnival will not be hit as hard as the other cruise lines. It has been my experience that Carnival Cruisers are generally younger than those of the other lines (they are essentially party boats filled with younger people) and will not be hit as hard. There is a fire sale on them right now. Once I can pull a profit of RRGB (somewhere between 15 and 20 a share) I will probably bail on them and go long on Carnival. With the exception of Red Robin and Six Flags (which I pulled a 30% profit on in 24 hours) I am only buying stocks that I think will recover strongly over the next few years if they don't do well short term.
    Please note that I am no stock sage, and the vast majority of my retirement/kids college funds are in mutual funds run by professionals. I am throwing around some of my IRA in individual stocks that I can afford to lose, and believe the slow and steady is the way to win in the long run.

    Restaurants, Cruise Lines, Movies, Hotels are going to be difficult going forward.
    Even when the country opens up who is running out to a Red Robin on jumping on a cruise.
    I am itching to eat out, but not so sure I want to sit down in a restaurant so soon
    I speculated on Cruise lines and lost a "boat load" - I would not buy in with my worst enemies money - there are much safer bets out there.

    Six Flags is probably a good bet, the younger generation will flock to amusement parks this summer. They are usually within driving distance and are "cheap" fun
    In hotel space, if you want to jump in MGM is a good bet as they are mostly gambling which, though shut down now, it's an addiction and companies like SBUX that sell addictions are always a good investment.

    #3248 8 months ago

    As long as there is 24/7 virus coverage, we are in a bear market
    Only a fool is buying into the rally this week
    FOMO is driving the market higher

    -1
    #3273 8 months ago
    Quoted from Concretehardt:

    Well shoot, I bought a little TZA today but had a Dr appointment so I set a trailing stop loss and got bounced out of it while I was at my appointment [quoted image][quoted image]

    was always told you should never enter your trailing stops as sell orders with your broker
    enter them just as an alert and manually make the sale

    #3278 8 months ago

    in on some STZ today
    when the market drops some i will add to my position - but alcohol sales are strong through this pandemic

    #3339 8 months ago

    I'm about 40% in the market right now
    I fully expect another decent drop coming where I will add to my positions and buy new ones.
    My uneducated guess puts the market back up to at least current levels before i need to cash out
    As trading is not my job, I just can't try and time that market like others do

    #3440 7 months ago
    Quoted from Rondogg:

    Or, the news is really bad and the unemployment numbers skyrocket and we hit Dow 30K +-500 by Friday.
    At this point, who the fuck knows...

    Problem with unemployment numbers are that a large percentage of them are temporary.
    I know some small business owners that are collecting unemployment while they are closed

    #3463 7 months ago
    Quoted from sixtyfourbits:

    Anyone here have a favorite penny stock they’re taking a gamble on? I’m mostly looking to jump into the market soon with some O&G penny stocks, but am interested in throwing money at other penny stocks for fun if there’s a Somewhat logical reason behind it.

    All pot stocks - These are long term holds and the swings are wild

    HEXO
    KSHB
    HRVSF

    #3504 7 months ago
    Quoted from Concretehardt:

    Agreed, in the days of cheap 70” 4K TV’s and killer sound systems who want to go to the theatre and pay $25.00 for popcorn and a soda.. only to have the back of your seat kicked repeatedly for 2 hours.

    my kids do - they go all the time

    1 week later
    #3833 7 months ago
    Quoted from mcluvin:

    I wear an N95 that has the exhale valve (supposed to be more comfortable) and it is still very hot. No way could I wear it for any length of time in 90+ degree high humidity weather. That pretty much rules out Florida from June to October.

    for you, but the exhale values makes the mask useless for protection to others around you if you are infected.

    #3878 7 months ago
    Quoted from Happy81724:

    We are in the market for a new car and GM has dropped trade ins dramatically plus reduced cash discount offers. We are getting 3k less for our trade from the feb/March value. I have a good friend who owns a Chevy dealership and he is hoping trade values come up in May and better cash offers. The push in payments is nice and zero interest but with I’m ultimately paying 6-7 thousand more than if I traded in feb or March. They need to fix this to get me to buy in May.

    there are few active auctions right now for dealers to dump used cars they take in. Hence the lower trade in value since they have to sit on it or try and sell it on their lot.

    #3895 7 months ago
    Quoted from Concretehardt:

    Looks like AMZN shit the bed, was down $160.00 per share after hours... Let see what Apple does here in a few minutes.

    Amazon’s CEO tells investors ‘you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profit

    https://www.marketwatch.com/story/amazons-ceo-tells-investors-if-youre-shareowner-you-may-want-to-take-a-seat-as-he-explains-why-the-company-will-spend-entirety-of-4-billion-profit-2020-04-30

    #3958 7 months ago
    Quoted from Concretehardt:

    Are you buying GLD ETF or?

    I have been buying CEF as it avoids the 28% collectibles tax that applies to gold ETFs) like the SPDR Gold Shares Fund (GLD).
    Sprott Physical Gold and Silver Trust (CEF) sidesteps this nonsense.
    CEF holds gold and silver bullion in a bank vault in Canada and doesn't buy, sell, or trade. It simply sits on its precious metals in Canada. And this helps it avoid the collectables tax. You see, the trust is Canadian and receives a special designation. It's considered a Passive Foreign Investment Company ("PFIC"), and that means any gains you receive from investing in CEF are taxed at normal capital gains rates.
    So instead of taking a nasty 28% hit during tax time, CEF allows you to avoid this incredibly high tax.

    #3985 7 months ago
    Quoted from DBLM:

    One slight technique to consider when buying a car. Dealers make more money now on financing than the car itself in a lot of cases. Hence, why you do not get as good as a deal paying cash. I talked with my dealer and asked them the minimum amount of time I would need to finance to get the best price and it turned out to be 3 months, because at that time they get their credit for the finance deal. Verify that the amount of discount you get for financing this minimum amount of time is greater than the interest that you would pay for the same amount of time and there you go. At the end of the 3 months, you just pay off your note. I have bought my last 3-4 cars this way with great success and great savings. These were all in the 40-50K range, so it might not be as applicable in the lower dollar amounts.

    Once you finance, they can't control how long until you pay it off.
    In MD no prepayment penalty so you can pay it off with the first payment.

    #4010 7 months ago
    Quoted from mcluvin:

    I've never seen it on any of my loans, but Toyota Finance put a prepayment penalty (I think it was for 1 year) on my in-laws' loan a few years ago. This was in Florida.

    In Maryland they can't -
    against MD law.

    1 week later
    #4072 6 months ago
    Quoted from Concretehardt:

    Stock market drops 30% and Chipotle goes up 30%.. I don’t get it! Chipotle is food is over rated IMHO

    My kids love it - probably in their top 5

    #4124 6 months ago
    Quoted from pinnyheadhead:

    I missed buying in before Monday but bought some beaten down stocks yesterday and this morning - DIS, EPD, JPM and ESNT. Will add some more over time.

    I would not call DIS beaten down at this point

    #4126 6 months ago
    Quoted from cottonm4:

    As the stock market barrels on, people's rents are coming due.
    https://www.cnn.com/2020/05/20/success/rent-housing-crisis-coronavirus-covid-19/index.html
    "The couple have about 30 tenants, and "half of them are either laid off or furloughed or in some state of employment limbo," he said. "How long can it last? I have no idea what to expect."
    .
    .
    "If rental income isn't coming in for landlords, Schuetz explained, they can't pay their mortgages. But it's not just that. They also won't be able to afford the property taxes that fund local governments, including things like public health programs."
    The coronavirus has "just drawn attention to problems that existed already," Schuetz said. "But hopefully this will also make middle-income voters a little more conscious that we all suffer when we have people who are unhoused or unstably housed."

    I have a friend that is a comptroller for a company that owns a lot of apt. complexes. I have heard all the horror stories. Eviction was difficult before, now it's a nightmare.

    2 weeks later
    #4254 6 months 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!

    #4261 6 months 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

    #4269 6 months 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

    #4271 6 months 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

    #4286 6 months 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 6 months 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

    #4303 6 months ago

    ICE - do you have a newsletter we can subscribe to?

    #4317 5 months ago

    Thoughts on NCMI
    I know it's a difficult buy with theaters shut down, but when they open I figure pre-show advertising for revenue is going to be more important than ever

    #4333 5 months ago
    Quoted from iceman44:

    Well money is moving today from "the ditch" to tech growth again. Apple all time high, TTD, SE etc. etc.
    I bought more MAC today, my total position is now 50,411 shares for disclosure purposes.
    Also initiated a new position in LVGO for myself and some clients on the breakout and long term prospects. Been watching it as it hit both Fool and Data Driven Screens. Think about where personalized medicine, AI etc. is going and the TAM.
    I got swamped with "newsletter requests". I'll get the rest of you guys popped in there fwiw. You can always unsubscribe.
    Still playing the "re-opening" thesis. Every day, every week, the news gets better and the traffic comes back.
    Flying on a full plane to Phoenix tomorrow and will be visiting the Scottsdale Fashion Mall, a MAC property.
    My daughter works at Vanguard as a CFP and going out to visit.

    Bought some more MAC today also before I read your comments
    I am quite a few shares shy of holding 50,000 though

    #4361 5 months ago
    Quoted from Concretehardt:

    Wow DIS is getting hammered down over 7%

    is it bad of me to say good?
    I would love it to drop under $100 again so i can buy in

    #4375 5 months ago
    Quoted from boscokid:

    Your MAC position sounds very similar to the Bitcoin pumpers in another tread. Do you have solid logic to backup your pick? I see so many people in this thread that base their positions on: Random Stock A was xxx yesterday ; therefore it must be worth yyy today.
    Seems to me that carrying high level of debt ,with renters that aren't making any money seems precarious at best.

    Hardly think there is enough people reading this forum to effect the stock movement

    #4452 5 months ago
    Quoted from DBLM:

    A few ideas for you guys:
    Just bought 2,250 shares of Slack (WORK) and 2,000 shares of Zynerba Pharmaceuticals (ZYNE), and put in some pretty heavy GTC's on my big tech favorites. Beginning to look at long term positioning. ZYNE is highly speculative but there is a lot of call volume based upon where they are in their testing for a drug for Fragile X Syndrome.
    For those playing along at home, my stock positions are BA, CNTY, LVS, MGM, COST, SBUX, RTX, ROKU, REGN, JPM, and COF.
    Good luck, all.

    I have long positions on MGM, SBUX, ROKU ($101), JPM

    #4462 5 months ago
    Quoted from DBLM:

    Did anybody follow me with Slack and Zynerba? I’m liking what I am seeing. Roku looking strong again today as well.

    got in on ROKU @ $101
    didn't actually believe it had this much room left in it

    #4473 5 months ago
    Quoted from DBLM:

    Nice hit there! I am in at $107. It's a small position at 200 shares, but profit is profit. Lot of rumors swirling about ROKU so we will see if any of them are true.

    I never bet big on any 1 stock.
    I have missed out on some huge $$ gains but it has also saved my ass several times

    #4485 5 months ago

    I think people are worried about a spike in covid-19
    + the unknown about the election outcome

    #4502 5 months ago

    Covid fears kills the market again
    good thing I have my seat belt on tight

    #4512 5 months ago

    Good advice and sorry for your loss

    2 weeks later
    #4562 4 months ago
    Quoted from iceman44:

    5% plus day for me overall CRWD +7.64%, FSLY +9.88%, SE +10.24%, PINS +4.45%, DOCU +4.35%, LVGO +3.22 to name a few.
    "in the ditch" bounced off a bottom? Allocating more funds there in stages starting today and going forward the next 3-6 months. That means MAC, CCL, SRC, STOR etc.
    Sold some MAC in taxable account (1/2 of total) on 6/18 to buy DOCU at $161. Took the loss for tax purposes and will load back in post 31 days from sale to meet "wash rules". Still sitting on MAC loss in SEP IRA. Just a matter of time.
    Thanks St. Louis Fed chair for your comments! I love the FED! Lol

    Can you explain to me your faith in CCL
    My extended family & I have been avid cruisers for years, but none of us desires to get on a cruise ship anytime soon

    1 week later
    #4597 4 months ago
    Quoted from noob-a-tron:

    Thoughts on Silver looking to make a move?

    I've been in SIL for 2 weeks and it's up 23%

    #4609 4 months ago
    Quoted from jester523:

    What do you guys think is a better use of extra cash right now? Pay down debt (low interest mortgage), invest, or hold cash for market dip crash. Part of me hates debt, but the rate is so low (3.875) does it make sense?

    Difficult to give advice without knowing your financial situation - income, savings, future income, extra cash amount, monthly expenses, savings rate, age, etc....
    Also, how many years left on your mortgage?

    2 weeks later
    #4666 4 months ago
    Quoted from DBLM:

    Took my 25% gain in COMM today and rolled it into RKT. Anybody else buy this today? It's a small position (1,500 shares), but one that I am just going to sit on. With the volume of mortgages they handle and where they are going, I see tremendous upside.
    For those playing along at home I bought V and REGN today as well.
    Got to stick and move...

    "Small position" is all relative to one's perspective

    #4690 3 months ago
    Quoted from iceman44:

    All momentum got taken out to the woodshed
    Rotation into the ditch

    ... and futures are up big again today

    #4697 3 months ago

    Picked up some RKT yesterday at $18.67
    I'll give it a couple earnings cycles and see how it plays out

    #4702 3 months ago

    Looks like I got in at a good price.
    It was a trigger decision I made right before the market closed yesterday.
    Sometimes you get lucky with timing, most of the time I do not.

    #4704 3 months ago

    Remember the old days when you had 10% gains a year in a stock,
    Now 10% is a daily gain in some stocks - nuts

    #4709 3 months ago
    Quoted from pinnyheadhead:

    Good job in on getting RKT at $18. How did you get in so early?
    I added a second position of FVRR this past a Monday at $112. I am a buy and hold guy though and will be on this one to see how it goes. And yeah been quiet around here.

    It dipped into the 18's on August 13th
    Bought some at $18.67

    You never buy enough of the winners and always to much of the losers

    1 week later
    #4820 3 months ago
    Quoted from iceman44:

    It’s already made a huge run
    I would temper expectations.
    Look at Amazon pre split
    Or PINS

    AMZ would have to do a 8 for 1 stock split to get it close to Apple's pre-split price which apple thought was high enough to require a split 4-1

    #4852 3 months ago

    bought some GRVY @ $84.95 this morning

    #4884 87 days ago
    Quoted from iceman44:

    I put it in my commentary email last week.
    Sorry but i had to cut that off to people i don't know because of one jackass on here.
    And I can't post it here because it would get moderated of course.

    that one jackass always ruins it for the rest of us

    #4962 84 days ago
    Quoted from BobSacamano:

    I've always wondered what the "worth" of a stock is that doesn't pay dividends now or never really plans on paying them.
    You're basically just speculating that someone down the line is going to pay more for your pin than when you bought it. You're not really using the coin mechs on the machine...
    https://money.stackexchange.com/questions/51976/if-a-stock-doesnt-pay-dividends-then-why-is-the-stock-worth-anything

    It's only true value is what someone else wants to pay for it when you go to sell it

    #4981 81 days ago
    Quoted from athenspin:

    I’m looking to build out a portfolio with some strong companies that pay good quarterly dividends that aren’t in danger of being cut. I have some decent ones including Apple, Qualcomm, IBM, and Corning glass. Any recommendations that don’t focus on tech? I’m trying to diversify.

    need to do you own research, but some of my recent buys
    CSCO AFG STX

    #5011 79 days ago

    bought some GRVY @ 84.95 on 9/04
    up over 50% to date - plenty of more room to move up

    #5013 79 days ago

    possibly one of the more undervalued gaming stocks around

    #5093 74 days ago
    Quoted from flashinstinct:

    Hi guy really new to trading. What do you guys do when markets crash...keep the stocks you have and just buy more on sale or take stocks out and wait for the crash to happen and then buy? I'm debating on the right approach.
    Got caught up in NNOX...bought some shares at $18 and then $52 just to watch everything crash. I thought I had done some due diligence by looking into the board of directors and who they were. I'm still holding the shares.
    I have diversified in roughly 15 stocks. Don't want to stretch myself too thin.

    Depends on the reason you bought them in the first place.
    Gambling/Investing
    Sometimes a crash is a discount and reason to buy
    Sometimes a stock declines for a very good reason and it's time to sell

    #5137 73 days ago
    Quoted from DBLM:

    Keep in mind that Roth IRA's have income limits. Based upon income you may or may not be able to participate.[quoted image]

    I utilize the backdoor Roth contribution every year.
    For those that make too much to contribute to a tax advantaged IRA - A regular IRA contribution is taxed anyways and it's a no brainer to convert to a Roth

    #5146 72 days ago
    Quoted from DBLM:

    Yeah, but you get taxed at the rate of your traditional IRA's. I have been rolling my 401k's from various companies into my IRA so the tax consequences would be large for me.

    Some people earn too much to contribute to a tax advantaged IRA, so they pay taxes on their IRA contribution anyways and there is not much of a tax it to roll it into a roth

    #5165 72 days ago
    Quoted from Kkuoppamaki:

    Has anyone looked into IIPR, a REIT focusing on pot facilities? My gut tells me that anything to do with that industry is a gamble, but as it gets more widely legalized there must be an upside that might materialize in the future driving the price up.

    I own it , bought shares on 7/10 for $89.90
    I have a lot of pot stocks, most of them have been on a tear recently - a few have really sucked but overall my basket is looking good.

    They way I see it is, states revenue is way down this year - they are sitting on massive tax income from legalized pot - it's too tasty for them to refuse.
    Just look at CO's Marijuana Tax Revenue
    https://www.colorado.gov/pacific/revenue/colorado-marijuana-tax-data
    pasted_image (resized).png

    #5211 70 days ago

    Jpm is the better buy

    #5270 64 days ago
    Quoted from DBLM:

    Anybody else still playing RKT? It is on fire right now!

    road it up, down, and now back up

    #5285 64 days ago
    Quoted from sataneatscheese:

    Non political statement. The president just tested positive for COVID-19. Me thinks stocks relying on an early reopening are going to have a bad day today. What stocks do you think will be on sale or we be on sale today. I heard that after the JFK assassination it took 2 days for the market to recover so this may be but a brief setback for the market.

    I agree, look for a market over reaction.

    (My non partisan thoughts)
    I always thought it was a when, not if the Trump gets it.
    How to you have contact with 100's of people a day who have contact with 100's of people a day and not get it?
    I do think this puts some more cards in Biden's hands for the election ... next debate still happening?

    #5310 57 days ago
    Quoted from loneacer:

    I agree. I'd put Pins on par with Craigslist. It looks like some lame website someone created in their garage in the 90s. I hate when I'm doing a google search, click on a result, and end up on Pinterest. I'm baffled by their valuation.

    Our company gets a huge amount of referrals from Pinterest's website
    It's extremely popular with females
    Just because you don't fit the target demographic ....

    #5315 57 days ago
    Quoted from loneacer:

    I know who uses it and what for. It doesn't need to exist. So many companies now are nothing more than advertisers, they don't make anything of value, they're just middlemen taking a cut. Hell, I have a website that makes thousands a month in ebay referrals. It's serving no purpose other than taking money out of ebay's pocket and putting it in mine.
    Maybe I should have an IPO

    Irrelevant if it should it exist .... facts are it does and people are using it

    #5328 57 days ago
    Quoted from loneacer:

    They just copied the corkboard concept that MySpace had first, and we know how that turned out.

    possibly, but they did it better and more successfully
    they have recently enabled easy integration with Shopify stores which will give them a boost in the long term

    #5344 52 days ago
    Quoted from DBLM:

    Disagree on the boat loan in one particular case. If the boat has a bed, head, and galley, it can be considered a second home for tax purposes, based upon usage. This can be very beneficial.

    Shopping the boat market again, salesman told me most people are getting 20 year loans
    That's just nuts on a depreciating asset - interest deduction or not

    #5345 52 days ago
    Quoted from Fieldsweeper:

    I too disagree. It depends on interest. If you are borrowing at less than you are earning then you are better off investing the money you saved when taking the loans money.
    If you are earning 7-8% a YOY ROI then borrowing at less than that is pure profit. NOW I will say a down payment is never worth it most of the time. Even for a house except most have to. I had a VA loan so I took the down payment and used it to start my investing. Make 8% on money I would have spent on a 3% loan. That is just a waste if I spent it on a down payment.
    The only time you should borrow is when you can use the cash to make more than its costing you to borrow. However I would never borrow money strictly for trading as that's a risk obviously BUT theoretically you could. I mean if you could get a HELOC for 2.5% for a decent amount I WOULD totally do that for a large amount and put it in a decent investment spread. But that is just me lol.

    Problem is, past ROI is no guarantee for future ROI. Current market returns can easily trick a new investor into thinking it's normal and expected.
    Paying cash and being debt free gives you a sense of security and piece of mind that many value

    #5347 52 days ago
    Quoted from DBLM:

    I think it depends on the boat and cost. For a jon boat no way in hell. On a quarter of a million dollar cabin cruiser, absolutely. Boats of certain categories can be incredibly expensive, and with the shortage of boats right now there are not a lot of options.
    Shit, my two neighbors across the creek have a Hinkley each. Those are 7 figure boats to start. I doubt they own them outright but who knows.

    Sorry, 20 year loan on a depreciating asset doesn't make sense to me at all

    #5353 52 days ago
    Quoted from DBLM:

    Hey bmore-pinball, have you looked on Boat Trader? I think you said you were looking at Trophy. Here are some Trophy fishing boats around in the area. Have no idea how much a new Trophy is.
    https://www.boattrader.com/boats/make-trophy/zip-21401/sort-length:desc/

    Yes been searching boat trader religiously, looking for something higher quality than a trophy
    hoping there will be more boats in the spring
    I figure this summer or next there will be a flood of used "covid" boats that people realized they do not use

    1 week later
    #5389 42 days ago
    Quoted from iceman44:

    Just bought ATVI and EA. No brainers here

    bought TTWO back in may
    you want to be in this stock well before the launch of the next GTA

    another interesting video game play is GRVY

    #5403 39 days ago

    probably would not be a buyer of much until after the election

    #5409 39 days ago
    Quoted from Barakawins1:

    Got rid of Apple. Goldman Sachs values it at $80.00/share. It's a bloodbath.

    If it drops below $90 - buy as much as you can

    #5412 38 days ago

    also buy Bitcoin cause maybe Biden

    #5415 38 days ago
    Quoted from Isochronic_Frost:

    Lol buy bitcoin now? It’s 13.7k! A Biden win would begin the government regulation of bitcoin. The IRS already said it’s taxable, which is the entire opposite of the entire purpose of cryptocurrency.
    If you can, get into ETH, the technology is groundbreaking and as smart contracts evolve the utility with become more worldly.
    If Bitcoin is the “gold” of crypto, ETH would be the paper currency.

    I think it's still attractive at current price - but I bought in under 10k
    also have ETH

    and of course Biden will tax everything he can ... that's a given

    #5417 37 days ago
    Quoted from desertT1:

    Anyone backing up the truck today, or bracing for more pain?

    broke my rule of not buying before the election and picked up some MO
    buy not jumping deep into anything at all

    Have one holding that surprised me today CLGX

    #5422 37 days ago
    Quoted from pinnyheadhead:

    I am not a big dividend guy with a ton of tech, but I am adding a bit not only for the yields, but for growth over the short to mid term. I like Reits for this but did buy some value EPD at 15.30 and 16.20 recently. The ex divided date is tomorrow and will pay $.445 per share which is 2.6% currently if bought today. I feel it’s the only way to play an oil and natural gas recovery and will get up side when things open up again. These will be bumpy, but what isn’t, but hopefully will work our down the road.
    I just added Reits NNN PINE since they took a hit, but hanging tight with 20% cash through the election but like you can bend that rule if things go lower.

    I have EPD also
    I did very well after the 08/09 crash buying strong companies with healthy dividends.
    My idea was I will collect the 6% all day until the market recovers - and it worked out very well

    #5440 37 days ago
    Quoted from Isochronic_Frost:

    WOOOO!!!
    YOU SEE THAT 13% PINS AFTER-HOUR TRADING?
    Bought into PINS and Fastly yesterday
    YEEHAW IMMEDIATELY 10% up

    Plug is local, 30 minutes from me and I got some stock as a gift, and I saw it climb from like $9 2 months ago to $19 and now it’s at about 15? Definitely buy. It’s one of the leading hydrogen fuel cell companies

    PINS up 32% pre market

    #5441 37 days ago

    pasted_image (resized).png
    #5443 37 days ago
    Quoted from sataneatscheese:

    Sold pins at 67.50. Considering I bought it 2 weeks ago at 45 I am happy. It may run further but I will take 50% returns in 2 weeks any day.
    Sold FSLY at a 10% loss. 10% in 3 days is too much. For me.

    I am hanging on to PINS - they are on the horizon of monetizing their user base

    #5456 36 days ago
    Quoted from Elvishasleft:

    Ah yes... as former .com employee and stock holder I remember that phrase very well.
    Easier said then done and rarely goes as planned.
    Its a buzz phrase to make investors feel better that they bleed money and make little.

    All true, but the easy integration with a major player like Shopify will help

    #5457 36 days ago
    Quoted from phalcon_2600:

    What do you guys think of AMC? They have said they are selling off stock and will be out of money buy the end of the year. Seems like a bad investment unless you gamble and you buy AMC stock before A smart company like Disney might buy them out. Disney would get more profits when they release future blockbuster Marvel films because they own AMC theaters. Dr Fauchi has said the he does not expect us to be back to normal until late 2021. AMC Would a long term play and a big gamble. What are your opinions?

    would not touch it unless it's gambling money you don't care about
    much better stocks to make money on in this market

    #5460 36 days ago

    Great call on ATVI
    https://finance.yahoo.com/news/activision-blizzard-q3-earnings-2020-200544700.html

    Revenue: $1.77 billion versus $1.67 billion expected

    Earnings per share: $0.78 versus $0.64 expected.

    #5471 36 days ago
    Quoted from sataneatscheese:

    I am officially 100% cash in my "day trading fund". I am quite certain that the stock market will be down today (Friday) through the day after the election (11/4). I will jump back in as soon as late day 11/4 TBD. I rode the market down to a 50% loss during COVID, and as of this morning I'm up around 10% for the year, so I'm more than happy.
    I have not yet decided what to jump back in on yet, but Rocket is at the top of my list for 11/10 earnings, followed by PINS (I got my 50% rise in 3 weeks), TSLA (depending how far it dumps).
    Once again looking for short term, not long term gains.
    Good luck everyone!

    I can't try and time the market like that.
    I got lucky and by chance lightened some load in Feb on stuff I thought got way too high
    Then, I road the covid rollercoaster down and back up by buying a crap load of stocks in the spring
    I am up over 30% for the year due to those buys

    I make plenty of mistakes though, like holding onto RKT for tool long
    screwed the pooch on that one

    #5494 32 days ago
    Quoted from Elvishasleft:

    .coms are their own planet.
    The one I was at literally kept hiring people to "show growth". Nowhere to put them and no work for them or anyone with time to train them, just had to add body count. People would come on and just sit around all day and get paid.
    They had me interviewing people in my sector for tech jobs and it got to the point where it was a few a day so I just asked them the dumbest questions I could think of just to mess with them.
    They had no idea they were going to get hired just for showing up.
    Literally, hi... have a seat. I like your haircut, whats your favorite band? ok here is a 75K job now go away. lol

    So basically they ran it like a government agency..

    #5498 31 days ago
    Quoted from Elvishasleft:

    Stock market climbing up...
    we may a see a real challenge to democracy in this country and possibly rioting in the streets so of course it goes up.

    if the party of Love, Compassion & Tolerance loses I fear the same

    #5521 30 days ago
    Quoted from Mad_Dog_Coin_Op:

    Looks like the stock market loves gridlock. Nothing meaningful will get done in the next four years so there isn’t anything standing in the way of the stock market. We should be looking good once the Covid vaccine gets released. I think we are heading higher for the rest of the year.

    I think it's happy with a Republican controlled Senate that Biden can't ram through any drastic changes

    #5556 25 days ago
    Quoted from bobmathuse:

    Nobody seems to be factoring in just how bad the next round of covid shutdowns (or failures to shut down) will be. New case count spiked to 128K yesterday, and that's with all the restrictions already in place. Virtual / remote biz will continue to do fine, but all else is a crapshoot right now. As for Tesla, Toyota's CEO cautioned on them today; FYI, if you look at reliability data, Tesla sucks. They're winning on popularity rather than substance; it remains to be seen if Tesla will be the auto industry's iPhone or its Blackberry. SpaceX has better long-term odds than Tesla.

    https://www.bloomberg.com/news/articles/2020-11-09/pfizer-s-covid-vaccine-prevents-90-of-infections-in-large-study

    #5564 25 days ago
    Quoted from DBLM:

    Time to make the rotation. Work at home stocks are taking it in the shorts today. Just put in some big buys on MGM and AA. Also, riding the lightning in front of RKT's earnings tomorrow and more than doubled my position of that stock in one of my accounts. Anybody jumping in the boat with me?

    Little pat myself on the back - been in MGM since March @ $7.66
    Was pretty sure back then, whatever the effect covid had, gambling would come back

    #5584 24 days ago
    Quoted from Barakawins1:

    RKT announces 1b buyback program. What does this mean and is it good?

    huh... for a stock that's been trading for 2 months
    That seems very unusual

    Ditto on the buy Bitcoin advice!

    #5592 23 days ago
    Quoted from iceman44:

    By “debunked” you mean ignored Lol

    exactly ... nothing to see here, keep it moving

    #5601 23 days ago
    Quoted from iceman44:

    And finally, despite how it ended, I believe it works out better this way
    The country gets to see Biden, we get a red wave in the House in 2022 like Clinton and Obama terms AND it sets up 2024 for a Tim Scott, Christi Noem, Nikki Haley presidency in the year we need it!

    Please Please Please let nikki haley run for president!

    #5602 23 days ago
    Quoted from DBLM:

    The smart money is on the fine Governor of Maryland, Larry Hogan. Openly discussed here in Annapolis and DC.

    He has little chance, what has he really done in his 2 terms
    I had high hopes for him , but at this point i am done with him

    #5615 22 days ago
    Quoted from iceman44:

    The country gets to see Biden, we get a red wave in the House in 2022 like Clinton and Obama terms AND it sets up 2024 for a Tim Scott, Christi Noem, Nikki Haley presidency in the year we need it!

    Kamala vs Haley 2024 - that would be interesting

    #5628 22 days ago
    Quoted from Isochronic_Frost:

    Those of you banking on CCL and RCL, what do you make of this?
    I think cruises are gonna be terrible for a while. Floating Petri dishes!
    https://apple.news/AD_4B6lYlSSelupEkHIhXIA

    I sort of agree - my family went on yearly cruises and I just don't feel the urge to hop back on so quickly

    #5676 18 days ago
    Quoted from RojerLockless:

    I'm not selling a single share of my Tesla for 10 years. Tesla today will seem dirt cheap one day.

    lol, many years ago a friend told me the same thing about AOL stock

    #5683 17 days ago
    Quoted from Spyderturbo007:

    I have a stupid question. I'm terrible at making money in the stock market, so perhaps I should just stick to my crypto.
    Anyway, how do you know when they aren't winners anymore? That's my hardest part. I don't know when to get out regardless of if it's going up or down. Do you just set a blanket percentage and go with that number? For example, buy stock X and if it goes down 10% you sell, if it's up 20% you sell.
    That's where I get stuck.

    you may be better with something like Wealthfront.com

    #5706 17 days ago
    Quoted from iceman44:

    Adding to my TDOC position for the LONG-TERM. Had a bigger position in LVGO before the acquisition. Already a multi-bagger.
    Looking to add to PYPL again. A stock to own for the next decade, along with V, MA and SQ.

    took a profit, but of course got out of PYPL too soon
    What's your target for reentry?

    #5709 16 days ago
    Quoted from loneacer:

    Our company insurance has had it for free since last November as well. I won't ever use it though. A doctor visit needs diagnostics and compassion that you can't get through a video chat. You need your vitals checked and often a blood draw or an x-ray. Honestly I'd choose WebMD or a google search before I'd use Teledoc. Can a doctor through Teledoc prescribe medicine? That would be the only benefit I could see in order to save a trip to your local physician just for a renewal of maintenance meds.
    I live in a small town and can get in to see my physician pretty much any time with no wait. The waiting room rarely has more than 3 or 4 people in it and it's only about 3 miles from my house.

    I have immediate access to my Dr also,
    but I text him often and get things accomplished without a physical visit - not every issue requires you to be with him in person and few people have ready access to a DR

    #5726 16 days ago
    Quoted from loneacer:

    I had to go last week because it had been a year since my last appointment and they wouldn't renew my prescriptions without seeing me again. I felt great, blood pressure and everything checked out. On the way out, the doc said "why don't you stop off and get blood drawn on your way out", so I did. They called and left a message a couple hours later saying I had high something or other and need to cut down on sugar and take fish oil. A Teledoc appointment would have completely missed that and maybe led to significant issues down the road.

    So don't buy the company, according to your singular experience - it will never work.
    Same with the people complaining how crappy Pinterest is and that nobody would ever use it

    If you are not comfortable with a business, you should not buy the stock.
    But .... sometimes you have to look outside your immediate bubble when evaluating a business/stock
    Tele-medicine is 100% here to stay and effective for many issues and for many people

    #5730 16 days ago
    Quoted from loneacer:

    Doesn't it help to hear both pros and cons for something you want to invest in? Is it only ok to post reasons to buy something, but not reasons not to buy? I want to hear both sides of the story and make my own decisions.

    Sure does, but your experience with your Dr doesn't represent what most Americans have access to.
    Most people can't get appointments quickly or even get their Dr on the phone in a timely manner.
    Yes, I agree - you still need physical visits but this does help a large enough percentage of the time that it's valid.
    I have immediate access to my Dr, yet I don't run to see him in person for every little issue.
    Most of the time a call or quick text can take care of it.
    After that, if he feels a visit is warranted, he will request it.

    #5733 16 days ago

    Anybody else invested in pot stocks?
    They have been my best performers this year
    GRWG up 680% since April!

    #5735 16 days ago
    Quoted from loneacer:

    Depending on your cost basis, BTC is either the best thing mankind ever invented or hot garbage? I lean towards the latter.

    That holds true for any stock/investment

    #5739 16 days ago
    Quoted from loneacer:

    Here we go, now I have some skin in the TDOC game. Will make $600 in 9 days if it's over $180. If not, rinse and repeat.
    [quoted image]

    I was just joking - the stock is trash

    #5750 16 days ago

    As far as Bitcoin goes ... my amateur assessment is that this time it's different
    A lot of the investment houses and analysts are now following bitcoin and buying, whereas they were not previously
    Once the big boys start buying ... the price is going up
    Square is investing in Bitcoin
    PayPal is now backing Bitcoin
    Hedge Fund managers are buying Bitcoin

    so you decide.... I play with money that will not hurt me if it goes to 0

    https://finance.yahoo.com/news/bitcoin-price-all-time-high-covid-19-coronavirus-pandemic-112907136.html

    #5782 13 days ago
    Quoted from Kkuoppamaki:

    Is anyone using asset management services? I’m nearing the point where I don’t have the time, energy or expertise to manage my investments efficiently so maybe turning into a professional makes sense. So if you have an opinion, or advice on what to take into account when deciding on this I’d appreciate that. Thanks!

    Yes, I have an investment manager as well as use a robot advisor Wealth front
    Both have advantages and disadvantages
    WF is only .25% and does some things an investment manager can't

    If you are interested in WF pm me your email and I will send you a sign up link that gives you some extra money under investment before you pay a fee

    #5820 11 days ago
    Quoted from tacshose:

    I trade in a tax account so that has shown me patience, I don’t jump around like I probably would if it didn’t have tax consequences...
    Too late to get into PLTR?

    I do also, but if it's time to get out, I sell.
    I don't let the tax consequences dictate my holdings ever unless I am close to moving from an ST to a LT tax basis

    #5849 10 days ago

    Anybody own/look at UTZ
    I think it has some long term potential

    #5851 10 days ago
    Quoted from DBLM:

    The make without a doubt the best potato chip ever [quoted image]

    and these,
    but if you have not, look into the company and the number of brands they own including the most recent acquisition

    pasted_image (resized).png
    #5854 10 days ago

    Bitcoin +3.69% rose on reports that demand from Square (SQ) and PayPal (PYPL) was outpacing new supply.

    #5888 8 days ago
    Quoted from Methos:

    Glad I got in early, but didn't invest enough.

    you never invest enough in your winners and always too much in your loosers
    funny how it always works out that way

    #5889 7 days ago
    Quoted from BMore-Pinball:

    bought some GRVY @ 84.95 on 9/04
    up over 50% to date - plenty of more room to move up

    Anybody hop on this train with me? - hitting $158+ today

    #5936 3 days ago

    ULTA is also a good stock along the same lines as LULU
    and still just below it's YTD high - but it's gained a lot in the last 30 days

    #5949 1 day ago

    bought some OPRX this morning
    and for those interested in div income, added some BXMT yesterday

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