Stock Advice Thread
- Thread starter dgtatu01
- Start date
Up to almost $13 a share, about 3 months after IPO. Wish I bought in.
The situation was, you could buy 1,600 shares at 0.75 cents, so a total of $1,200 spent. This was open until, idk, maybe 6-8 months ago. I tried to get in but was too late.
Now, my BIL told me that after he purchased two sets, they informed the buyers they were going to have to consolidate some of the shares, so he said his share count dropped a good chunk..
But still.. 1600 shares at 75 cents/each.. now worth nearly $13 a share. ****.
Seems too good to be true for a company (FLGC) that had a $5.00 IPO in May. I'd have sold enough to at least get my $1200 back that day or the day of the lockup expiration.
Same. It dropped to like 3 bucks for a good month or so. But still. Wish I had bought in. I guess the appeal was that this company is based on Columbia (owned in part, in Toronto), but they control the entire "stack" of cannabis growth and distribution, making the cost of while process lower.
Humblebrag: ACI up nearly 60%, including 15% today.
Well done! Let me know you're next great adventure and I'll come along this time!
Cramer had PXD on tonight. They are switching to a variable dividend model paying out 75% of their 2nd quarter 2021 free cash flow to shareholders. Other companies might call these Special Dividends. The estimated yield in the 2nd half of 2021 is 8%.
www.fool.com
Pioneer Natural Resources Delivers a Dividend Gusher in Q2 | The Motley Fool
The oil company is accelerating its variable dividend program.
www.fool.com
No sign of serious retreat, retreat but no serious retreat for now. Still very bullish in the long-term chart but you should expect to see some pullback in the shorter-term intervals. Buy on the dips, you should be fine until you're not. Options on this stock suck though. I only trade options so not for me. Stock price patterns look good but you will see some downturns with bottoms that will offer some buy back in opportunities. Looks like some profit taking is looming b/c stock has made a good run and congrats if you caught some of it. Careful...don't be greedy and overstay welcome because there looks to be some profit taking looming. If you're deep into profit now, you could likely hold through dips but I don't see the rationale in doing so. Good luck.Humblebrag: ACI up nearly 60%, including 15% today.
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Many thanks. Owned 201.1 shares and sold 100 at opening bell for ~$1100 profit. Main reason for run-up is new President/CFO came from Best Buy. Using FIFO, paid $18.81 on first hundred shares. Purchased another 100 at around $16.85 on a price drop a few months ago. Plan on holding ACI because I believe it's great long-term. Will buy more on dips.
Thanks again.
ORI just declared a $1.50 special dividend, which is in addition to their usual 0.22 quarterly dividend. This is the third straight year ORI has declared a special dividend > $1. @Los Gatos you might give this issue some consideration. I purchased Old Republic again last year and possibly may look at additional shares for my IRA.
For those who have multiple retirement accounts, do you keep the same investment philosophy across the board, or have each one with a different investment types? I have the 401k for about 10 years, and a Roth IRA for about 5. They both are essentially doing the same thing: target funds for 2050. The 401k is about 80% of the total retirement, naturally. Wondering if I should change up the RothIRA to be different, or just keep it the same.
I know that you want to make sure you keep your stocks and bond allocation balanced across the board, and your accounts can offset the whole picture if one is strictly aggressive or conservative.. but wasn't sure if having two Target 2050 funds is redundant in the long run.
I know that you want to make sure you keep your stocks and bond allocation balanced across the board, and your accounts can offset the whole picture if one is strictly aggressive or conservative.. but wasn't sure if having two Target 2050 funds is redundant in the long run.
We have most of our IRA money in index mutual funds and ETF's. But in a couple of accounts I buy individual stocks and take more chances. You can go further out on the risk curve with ETF's as well. Not everything is green but I've also managed to get some long term winners that I can hold on to or sell with no capital gains tax implications. It also helps to offset something like ARKF that I've been waiting to breakout. We have another IRA that primarily invests in REIT's which have done very well this year but I'm slowly reducing that exposure as rates slowly keep going up. Selling winners in a tax deferred account is perhaps the biggest selling point. The risk is the argument against.
Interesting. I have a 3rd brokerage account that I use to invest for 10 to 20 years down the road, in companies I like or have a good feeling on.
The two Retirement accounts I figured to just " set and forget". But the Roth IRA is really crawling (granted it still kind of in its infancy, so I know growth in the first few years takes a while). Thinking it might be worth it to use this smaller Roth IRA to get a little fancier. Idk.
And as I always get confused.. you can sell or buy in your retirement account, and don't have to pay tax until the money is withdrawn in some fashion. Or do I have that wrong?
Correct. I've taken profits and invested that money in a bond fund, something riskier or just accumulated cash to wait for a pullback in the market.
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AppHarvest Announces Q2 2021 Results, Plans for New Holding Company Structure to Capitalize on Growing Global Need for Controlled Environment Agriculture, Announces Non-Binding LOI for JV with Mastronardi Produce to Expand Farm Network, and Reaffirms
Company delivered net sales of $3.1 million on 8.6 million pounds of tomatoes sold,concluding the abbreviated 2020 planting season Secured $91 million in new, non-dilutive financing from leading sustainability investor Equilibrium Capital and $75 million from Rabo AgriFinance with four farms...
AustinTXCat said:
I got into HRTG yesterday at $10.52. Target is $14.50.
Realizing some decent gains with ORI. Earnings beat yesterday. They've paid a $1 special dividend the past two years.
Are you still in HRTG? Looks like it's taken a beating lately. Considering taking a small position. What do you think?
I got into HRTG yesterday at $10.52. Target is $14.50.
Realizing some decent gains with ORI. Earnings beat yesterday. They've paid a $1 special dividend the past two years.
Are you still in HRTG? Looks like it's taken a beating lately. Considering taking a small position. What do you think?
Been looking at SMG. They beat estimates but it keeps slipping. Thinking about getting in.
Anybody else in it?
Yes, I'm still in and reinvesting dividends. Purchased 100 shares at $10.52 and and another 100 at $8.37. May go for 100 more shares if price dips below $7.
My little brother in FL uses HRTG insurance for one of his rental properties. He says the firm often insures assets many other companies in FL will not touch, but at higher premiums.
My Roth 401k is a target date fund.
My Roth IRA is a total market index fund.
My individual brokerage account is individual stocks that I pick with the help of my Motley Fool subscriptions and their podcasts.
My Roth IRA is a total market index fund.
My individual brokerage account is individual stocks that I pick with the help of my Motley Fool subscriptions and their podcasts.
I’ve been in SMG for the last 10 yrs. Its been wonderful and I’m not selling. And yes, I’ll probably buy the dip.
Purchased ORI for IRA @ $26.07. Somewhat pricey, but it's a great issue with solid fundamentals. The dividends and special dividend were pluses. Already own ORI in a taxable account. Also purchased UIHC at $3.87 and added more HRTG to my current position. Hoping for no hurricanes between now and next year.
That's a new one (ORI) but a great looking chart and a sector I like. Financials.
How we looking, gang?
Buys this week- More NARI, NVCR, SMG, VRTX
New- FVRR, EPD
And now I am going to try and wait and save up a little war chest for the next dip. (Never been good at this)
Buys this week- More NARI, NVCR, SMG, VRTX
New- FVRR, EPD
And now I am going to try and wait and save up a little war chest for the next dip. (Never been good at this)
Great week for markets. Haven't done a lot of buying lately other than dollar cost averaging and reinvesting dividends.
Terrible week for music lovers.
Terrible week for music lovers.
Monster day after the Fed Chairman's dovish tone.
Started a MQ position yesterday as another fintech play. They provide digital banking, lending, credit cards for buy now/pay later and a virtual wallet for Alphabet. JP Morgan, Square and Affirm are also customers. The bad news, it hasn't fared very well since the IPO and is heavily shorted. Looking fantastic today though. Short squeeze likely in progress.
When DOW reached my price target today, I sold some of that to essentially pay for MQ.
Started a MQ position yesterday as another fintech play. They provide digital banking, lending, credit cards for buy now/pay later and a virtual wallet for Alphabet. JP Morgan, Square and Affirm are also customers. The bad news, it hasn't fared very well since the IPO and is heavily shorted. Looking fantastic today though. Short squeeze likely in progress.
When DOW reached my price target today, I sold some of that to essentially pay for MQ.
Opened a schwab account with the hopes of doing some fractional investing.. but it seems you can only do it for individual stocks, and not ETFs or Index funds. Kind of annoying. But I got 0.13 shares of TSLA!
Fidelity and Interactive Brokers seem to have the fewest restrictions.
Fractional Shares: What They Are and Where to Buy Them - NerdWallet
Fractional shares let investors buy a portion of a stock, making it easier to invest in high-priced stocks and diversify, even with small amounts of money.
Need some advice. Do you guys typically have a sell price target or % gain in mind when you sell? Also, do you sell it all or a portion on your gains?
I'm up 40% on MKTW not sure what to do.
I'm up 40% on MKTW not sure what to do.
Depends on the stock and situation. Is it short or long capital gains? Has the companies profit or financial situation changed? How risky or volatile is the stock? How much do I believe in the business?
Most of my buys are long term. If I buy APPL or MSFT, I’m really not looking to sell. I may take some profits to wrap into something else but I don’t touch them most of the time. If I buy something more risky like APPH….I’m still thinking long term. I’m interested to what this company will be 5 or 10 yrs from now because I believe in what they’re trying to do.
On occasion, I will capitalize on opportunity. I try to set a price that I think is worth it. LUV for example. I bought in when it got hammered by the pandemic. I wasn’t thinking long term but I’d happily hold on to it if I needed to. My thought was to sell in the high $50s-low $60s. It went into the $60s briefly but it was still short term gains……so I didn’t sell. It’s bouncing around the $50s right now. I’ll probably wait till the pandemic dies down some more and people travel for the holidays…..then see what happens.
You won’t time it perfect…..so don’t worry. You can DCA in or out which helps, but don’t try to be perfect with you transactions.
Agree with @BlueRaider22.
I would add, if the security is a more cyclical one, you may ask yourself, "What part of the cycle are we in?" When you think you know that, you can make a decision on what you want to do.
My philosophy is "Buy good companies. Hold them for long periods of time." It's been working pretty well.
I would add, if the security is a more cyclical one, you may ask yourself, "What part of the cycle are we in?" When you think you know that, you can make a decision on what you want to do.
My philosophy is "Buy good companies. Hold them for long periods of time." It's been working pretty well.
I’m trying to follow the Motley Fool advice and buy good companies and hold for at least 3-5 years. They also say to “add to winners” which I am also doing. Every time a company goes up 40% I buy more shares.
News with potential?.....
finance.yahoo.com
Apple will release Iphone13 (APPL) later this month. It's going to incorporate Qualcomm (QCOM) chips. Boost for 5G connectivity (many companies). And connection with low earth orbit sats......I'm thinking Starlink (IPO "might" come one day) might benefit.
www.cnbc.com
Apple: What to expect from the iPhone 13
Here's what to expect when Apple announces its next flagship phone: the iPhone 13.
Apple will release Iphone13 (APPL) later this month. It's going to incorporate Qualcomm (QCOM) chips. Boost for 5G connectivity (many companies). And connection with low earth orbit sats......I'm thinking Starlink (IPO "might" come one day) might benefit.
Elon Musk says Starlink will go public when its cash flow is more predictable
Tesla and SpaceX CEO Elon Musk said he will only publicly list satellite broadband service Starlink when its cash flow is more predictable.
TTWO moreso than ABBV. Ready for more TTWO at $155. Bought a little more ABBV today and will buy more lower.
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