(Topic ID: 175889)

Stock Market Traders?

By kpg

7 years ago


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Topic index (key posts)

3 key posts have been marked in this topic

Display key post list sorted by: Post date | Keypost summary | User name

Post #5101 Roth conversion advice. Posted by iceman44 (3 years ago)

Post #19981 How To Read US Debt Clock Posted by pinnyheadhead (5 months ago)


Topic indices are generated from key posts and maintained by Pinside Editors. For more information, or to become an editor yourself read this post!

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#1566 4 years ago
Quoted from Zablon:

While the premise sounds good, this isn't even realistic. Most people who 'did nothing' wouldn't even notice this assuming it goes back up to what it was. They would be contributing money on a normal schedule, not on a single day that goes up. That is the equivalent of trying to time the market. In most cases they are missing those days.
In reality, the market dropped 12%, then went up 5%. Making 3-5% in a day is nothing if you lost 12% the day before - and then it goes down another 10% after. (again in the article it's talking about buying during a spike - which most people wouldn't even be able to do. It was a 1 day bounce). My take is, the market is going lower. At this point it's anyones guess. Maybe I'm wrong, maybe I'm not.

It probably will go back down, but I will all but guarantee the market will be up in ten years.

Buy when it dips then ride it when it goes up.

#1614 4 years ago
Quoted from CrazyLevi:

Bloodbath this morning.
Apple down to 270.
When am I supposed to buy it again?

Today. If it drops again buy some more. Then hold it for years.

3 weeks later
#2929 4 years ago
Quoted from Trekkie1978:

I swore off the thread, but I made a trade too good not to brag about.
Bought 5,000 shares of Boeing @ $92.
Sold a couple days later @ $180.

I like your information. It would be a shame if you stopped posting here.

2 months later
#4268 3 years ago

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

1 month later
#4611 3 years ago
Quoted from SantaEatsCheese:

Here is what I'm getting this morning.
[quoted image]

Everyone is different and it really comes down to how many years left on your mortgage and what rate you can get where you live.

SharedScreenshot (resized).jpgSharedScreenshot (resized).jpg
1 week later
#4646 3 years ago
Quoted from iceman44:

PINS Pinterest +$7 per share, up 28%
Listen to the the conference call
AAPL, AMZN, SE, LVGO, etc.
Look through the short term to the vaccine and the ultimate destination. "In the ditch" is next up.
GL fellas

How big was that truck you backed up to APPL at $300?

1 month later
#5053 3 years ago

Bought some more APPL a bit early at $116. I will wait to see if it dips to around $100 to buy more. I'm not looking to sell any time soon. What I am wondering about is MSFT. They have great growth over the long haul, but have been stagnant the past 3 months while everything else took off. This is again a long term keeper for me, but curious to know what price everyone thinks is a discount buy for MSFT.

#5111 3 years ago
Quoted from iceman44:

No you don't pay a penalty by converting money from a traditional IRA to a ROTH IRA.
You do pay "ordinary income tax rates" on the money you just converted in that year. Taxes are on sale this year.
When you look at your COMBINED INCOME, wages, cap gains, etc., as a general rule of thumb for me and my clients, don't put yourself ABOVE the 24% marginal tax bracket.
Meaning, you can have a COMBINED INCOME of up to $326,600 in 2020 before the NEXT dollars above that limit gets taxed at 32%
The Biden plan proposes to RAISES TAXES at EVERY SINGLE INCOME LEVEL if you actually earn a living.

I believe he is talking about moving his 401k to a ROTH IRA. My understanding is this will have a penalty attached to it.

#5116 3 years ago
Quoted from iceman44:

NO PENALTY attached to that conversion regardless of when you do it or your AGE, OR regardless of how much money you make.
Also see my "back door Roth" discussion above.
Some 401k plans allow an "in service" conversion.

Thanks for the clarification.

4 months later
#7392 3 years ago

AMC is to high for me right now so I put 400 shares in on NOK this morning. I'll test the waters.

#7400 3 years ago

$20 was too high, but got in at $13.02

#7413 3 years ago
Quoted from jester523:

So...how does this end?

With me holding the bag.

#7598 3 years ago
Quoted from Barakawins1:

What's the deal with NOK? Doesn't seem to be going anywhere. Am I missing something?

It’s up 50% today, where are you looking for it to go immediately?

#7917 3 years ago

I'm still riding AMC and NOK and will probably ride them to the ground. I have a small position in both compared to a lot of you and it's money I'd be willing to gamble with so I'm letting it ride.

#8148 3 years ago
Quoted from DBLM:

Robin Hood just announced letting some limited buying on GME, AMC, etc tomorrow. WTF?

What does “limited buying” mean exactly?

#8327 3 years ago

Robinhood is limiting a total share in your portfolio to 115 shares of AMC and 110 shares of NOK. I'm sure there are limits to all of the other stocks people were buying the past few days. I currently have 150 shares of AMC and cannot add to that position. I sold my NOK and wanted to see if they would let me buy back in and it was a limit of 110 shares. With these restrictions still in place, I believe it will be more difficult to move the price. Much like yesterday. Good luck all.

#8439 3 years ago

It appears Robinhood lowered their max amount of shares for these stocks you can own. GME down to 1, AMC down to 10, and NOK down to 20.

Bought the 1 I could of GME and holding my AMC.

#8970 3 years ago

I just assumed AMC was a space exploration company with all this rockets to the moon talk. Something like Awesome Moon Company.

#8976 3 years ago
Quoted from captainadam_21:

That is spce. The bots on wsb are pushing it.

Geez and I thought that was a porn company. My research is way off.

#9383 3 years ago

To all the people posting informative STOCK MARKET information, let me know when you start the new stocks only thread. Thank you for all the great information you (you all know who you are) post. For those of you that post about crypto, I get it, but it’s a different animal. Please don’t post it here. It would be like me posting about other random means of making money outside of the stock market.

1 week later
#10019 3 years ago
Quoted from vex:

Thanks but dont feel sorry. Like has been said here, another chance to take a bite out of the apple. I feel sorry for the people that sold and didn't buy the dip. I bought more near the bottom to add to my position. Up over 400% is nothing to feel sorry about.

I don't think he was referring to you.

#10323 3 years ago
Quoted from plowpusher:

Started my 1rst retirement account around 35 . Spent most all my money on booze , women ,toys and gambling before that it was all kind of a party. My folks never had any stocks so just had to learn on the go . Started off pretty slow but the last 4 years it really took off to the point of critical mass now so just gonna keep riding the APPL horse for another 4 years then cash in my chips. I started ROTHs for my 5 kids and have there's building up nicely . I get them stocks for christmas and tell them it like planting a tree just give it 30 years see what grows.

Quoted from athenspin:

Smart, I’m getting ready to do the same for my kids 4 year old and a 8 month old.

How is it possible to start a ROTH IRA for your kids if they do not earn income?

#10353 3 years ago
Quoted from plowpusher:

Mine all had incomes and tax returns

That makes sense.

2 weeks later
#11124 3 years ago
Quoted from Zablon:

Who's still closed? CA? no one cares about CA anymore. However, just like Trump, Biden can't make anything happen in this regard. It's a false promise. The companies will get them out as fast as they can.

NY

#11133 3 years ago
Quoted from jorge5240:

Here come GME. I am sitting this one out from the side line. This is probably the day it goes to the moon.

I wonder what price you reach the moon. $400/share for a $20/share value seems like it's moonish.

#11134 3 years ago

.

#11308 3 years ago
Quoted from WeirPinball:

Early stimulus went in yesterday - can't go up everyday guys...

Did it go in and actually clear yet? I heard the early stimulus was going to appear in your account as pending this past weekend, but it wouldn't clear until tomorrow (3/17/21).

#11364 3 years ago
Quoted from WeirPinball:

Interesting - gold is suddenly spiking

Everything is spiking after the fed report.

#11475 3 years ago
Quoted from DadofTwins:

Honest question. How is it daytrade/gamble if we buy and sell quality companies that you say are good to hold long term?
I have bought and sold PINS a bunch of times, profiting all along the way on it's insane ride up and down.
Buying a quality company hardly seems like gambling if you see the potential in the long term growth. To me, it's a win/win. Maybe it goes below your purchase price at some point, but if all the analyst are saying buy and they have high growth projections, you will go positive at some point.
I think this would be a very boring thread if we just put money into funds/companies and never sold. What would we have to talk about? Lol

I’ll give my limited experience a shot at an answer here. So I was trading pins every few days when it was in the $20s like you are now. Because I was trading it frequently rather than holding long term I missed the massive run up it had. Every time it made a big jump I just kept saying I’ll buy it when it dips back down, but it never did. I think what Ice is saying is you just can’t predict the run a stock can have so you either believe it will go up at some point, holding, or you might as well sell and move on. The short bursts you’re trading now will either bite you or you have a good chance of missing the run up.

#11643 3 years ago
Quoted from DBLM:

This has been painful. I have 300 shares at 95. Will average down here at some point.

I averaged down earlier today to $77.34, but with a much smaller slice of the pie with only 40 shares total.

1 month later
#12395 2 years ago
Quoted from KornFreak28:

Anybody still holding MAC? Not sure what to do with this one.

I have a very small position in MAC still. I was actually just about to sell it and decided my position is so small I'd let it ride for a bit longer and see what happens. I do not like it long term.

#12439 2 years ago
Quoted from TRAMD:

I am sure she was talking about the quarantine (which is still ridiculous) but I should have considered the source (she likes to exaggerate a bit). I wonder how they monitor that? You get in trouble if you get pulled over or get asked for your papers on the boardwalk, but can flout the rules if you get lucky? I guess I've been spoiled living in one of best states to be in during this. I can't imagine living in that kind of draconian BS environment.
And again, vaccine mandates will affect businesses negatively too, just like mask mandates did. I'll personally never go into Menards (formerly my favorite store) again as they would not allow you to enter without a mask for almost a year while all other stores were more lax. I will use any airline, cruise line, or go to any destination that doesn't require a vaccine 100% of the time over one that does. There are a lot of people who feel the same. I'm far too pro-freedom, and pro-science, to follow these kind of arbitrary, freedom-stealing, irrational fear-powered, rules meant to increase money and power for those who already have too much, under the guise of "safety".
Anyways, sorry for the only semi-relevant discussion. I'll stop talking about Covid-19 vaccines now.

Quoted from nwpinball:

Everything about your posts confuse me. Some highlights:
-You say you live in one of the best states to be in during this, but South Dakota has the third highest infection rate in the country and will go down in the history books as having one of the biggest super spreader events (Sturgis).
-You think mask mandates hurts businesses, when polling shows Americans overwhelmingly support them and feel more comfortable going into businesses with these safety protocols.
-You say you are pro-freedom and pro-science, but then show you are neither again and again.
Businesses should have every right to follow the safety protocols they think will bring them more customers and protect their employees. Yes, you are welcome not to go to those businesses. There is no rallying cry for freedom in fighting safety protocols, prolonging the pandemic, and causing more people to get infected. You are too selfish to do the hard work that's necessary to make our communities, country and economy strong again.

Lets just not do this here.

1 week later
#12591 2 years ago
Quoted from DBLM:

Ugly market today

Yup, nothing good to say on my end. A lot of fast moving red.

#12682 2 years ago

All I know is if I sell my tech stocks they will go through the roof.

#12770 2 years ago

Taking a 5% loss in the last 24 hours. Quite the death march for my little green solders recently.

#12931 2 years ago
Quoted from MrBally:

Agreed. I am talking about Nevada. So refreshing to not require masks or any social distancing stuff.

NY just announced no mask or social distancing required starting Wednesday (other than a few public areas) with a vaccination. I feel like that is a big step for this state.

Quoted from Ericpinballfan:

How come all the casino's stocks have been blah the past couple weeks? I own many.
Wife and I Booked vegas in July. Soon as I can come sadly. Looking forward to it and phof too.

I feel like many of these stocks are already at a high point. It seems to me the price already has the opening factored in.

2 weeks later
#13153 2 years ago

I'm a bit surprised no one has mentions AI. It's doing well today and I'm almost back to green.

#13156 2 years ago
Quoted from Oaken:

I made good money off options in April/may, but planned on staying on the sidelines thru earnings. This earning season has been violent for growth.
I will tune back in later.

It's been a rough go for sure. I held on to most, averaging down as I felt comfortable. I'm looking to trim my positions just a bit as I hit the green line.

#13241 2 years ago
Quoted from pinlink:

I sold at $7...after buying at $19!! lol

I also sold at $7 with an average of $14.

#13263 2 years ago
Quoted from DBLM:

Who knows what will happen with PSTH. Universal Music is a big deal but nothing like Stripe or the like. I would have to think that people are looking at this as a let down. The SPAC was for 20/share, so let’s see what happens.

I feel like I have to ride this horse to the end now that it is in the $22 range. I don't see a lot of upside to selling at this point with the loss I have taken so far on this one. It's only 4% of my total holdings so I might have to see where it goes.

#13272 2 years ago

Anyone know why OIH is halted today?

#13312 2 years ago

Any thoughts on Fastly? I have been holding a small position for the entire downturn waiting for a recovery. Although they have come back a bit, their recent outage makes me a bit less confident a recovery will happen. This was one of my gamble plays and I have no problem holding for long term, just curious what everyone else thinks of their long term potential.

#13336 2 years ago
Quoted from DBLM:

Up over 4% in after hours! I think it could be happening![quoted image]

What do you think an exit point is for this stock? I am thinking around 11-12, but can see the potential for a much higher price.

#13381 2 years ago
Quoted from DBLM:

Just curious, what did you buy?

I'm just about back to even with my Pinside suggested stocks, but some that I have lost on in order from worst to break even are:

FSLY: I'm not sure what to think here. I'm sticking with it for a bit. Down 25%.
PSTH: Not much good to say here other than not a lot invested in it to begin with. Down 21%
AI: Sold some off at the run up a couple weeks ago, but down 17% again
FVRR: Down 3 Percent. Not overly worried here
PLTR: Sold all at just above break even a week or so ago so I may have actually made a small profit here
PINS: Letting this one ride. I have made a slight profit.

I went into most of these with a small position knowing the risks. all of them other than PINS are below 5% of my total portfolio.

This is not to say I don't have winners as well through this thread. I looked into WWE when it was mentioned and passed, that is my mistake. I also went in on UWMC and that has worked out well so far.

#13384 2 years ago
Quoted from kvan99:

Dude! I don't mean to be rude but that list is a Hail Mary pass of stock investing.

Completely agree, that is why I don't have a lot invested in those stocks. The fact I have still made money over the year and I have those stocks shows how much I have invested in them. Taking PINS out of the equation, those stocks only amount to 15% of my total portfolio.

#13387 2 years ago
Quoted from kvan99:

That's good.....I'm pretty conservative and my portfolio is up 52% as of now, down from a high of 62%. Of course this is not typical for me..I'm usually happy just keeping in line with S&P.[quoted image]

That's great, congratulations. I was talking more year to date in my previous post. Although my one year percentage is good, it is not 50%+.

#13389 2 years ago
Quoted from kvan99:

Ohh, Ok, I thought you were negative on your portfolio all together. I'm glad to hear that. Hold on to PINS and PLTR for a few months (Before October) they're back in vogue so they'll go up a little more from these levels.

Certainly not negative with the year we've had. AAPL is by far my biggest holding and I don't touch it unless I want to buy more.

#13392 2 years ago
Quoted from TireFryer426:

I bought MAC, up 89% on that. Definitely not all doom and gloom as far as pinside recommended stocks.
Whats up with the PINS lawsuit?

That is correct. MY previous post was a little misleading as I was only posting about my losses. I have made some gains on MAC, OXY, and CCL to name a few. I just don't own them currently.

1 week later
#13556 2 years ago
Quoted from SantaEatsCheese:

Bought a little NVDA yesterday... Looks pretty safe to me.

It's interesting how 2 people can think about one thing. I actually sold at the $700 mark as it went up so fast recently. I bought at just under $600 and figured there would probably be a slight pull back soon so why not take the profits now.

2 weeks later
#13815 2 years ago
Quoted from BMore-Pinball:

Nice F'n bump for STMP today on buyout
glad I held onto this one
but I can't figure this one out, stock closed at $197.72 yesterday and buyout offer is at $330 - that's a huge premium

Wow. Congrats on that one.

#13891 2 years ago
Quoted from DBLM:

Still am. Missed the window to sell at that time so just waiting for the cycle to turn back up. Earnings appear to be through the roof so I will wait for it it rise again and then sell.

Same here. Missed the opportunity, but that wont happen again.

2 weeks later
#14250 2 years ago
Quoted from iceman44:

Since people lose their minds over it and whine to the mods like babies I’m just gonna have PM conversations. Gl.

Well this is a sad statement. It's hard for me to believe people would complain about the information posted here. Whether the information turns out to be right or wrong, it is up to each individual to pick through and make there own decisions. I will miss your information ICE if you are truly reducing your time here. Unfortunately I do not have enough knowledge on this subject to have a PM conversation with you.

#14326 2 years ago
Quoted from Zablon:

thin skinned.

This is a funny statement from you. You rarely hold your tongue in this thread and others as you are so often offended by anything said. It’s unfortunate the path this thread has taken.

1 year later
#18705 1 year ago

Are you posting a 1 day chart showing everyone how right you were? You might be right, you might be wrong, but a 1 day chart doesn’t show anything about the market.

4 months later
#19439 10 months ago

I think he might be talking about the simplicity of life and what it can be without the rat race, not necessarily the exact number needed.

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