Stock Advice Thread
- Thread starter dgtatu01
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anon_l8pbkn96tg3j6
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Tesla up 6% hahahahahahshshahahahahahahahahahahahah, good on you all for having the balls to risk your money in this nonsense game.
Tesla has a huge technological advantage over the traditional auto manufactures in many ways, and you can see a case for them to really make a huge move in market share over time especially in the area of autonomous driving. But I've looked at this company for a while and I just can bring myself to invest in a car company right now with the current virus situation, and Tesla has other issues most notable the lack of a national presence. Half of their US sales are in one state - California. Until that changes I just can't see it from an investment standpoint.
It has been a roller coaster ride...UP.....down....UP.....let the good times roll.
Just a gut feeling but I think there’s at least 1 more decent drop that’ll happen before too long. And with this global recession likely lasting 18-24 months, I’m going to be picky.
Cult stock but also a play on solar and battery technology. I play batteries with ALB.
DIS is at a 2 year low right now. That's the good news, but if you look at the business it's getting hit in 3 directions. The parks are all closed and if they open again it will be in a very limited fashion, the movie sector is similarly getting crushed right now as theaters are closed and will reopen in a very limited fashion as well, then there is the ESPN factor. Will we have football and basketball this year? Please sweet Jesus let it be so, but if not that's another huge hit to their revenue.
I personally think it's way too early to jump on this one even as beat up as it is. I think the bears are still in control.
I personally think it's way too early to jump on this one even as beat up as it is. I think the bears are still in control.
Looking to get some DIS around 90-95.
Anyone like PINS? I have some and thinking tomorrow to pick up more on sale.
Anyone like PINS? I have some and thinking tomorrow to pick up more on sale.
I might buy in a little more in the 90s, but I too think they’ll be plenty of Disney buying opportunities within the next 12 months.
It will never make it to my limit price, $86.DIS trading $99-$100 range right now. Get your $ out.![[smoke]](http://l.yimg.com/j/assets/img/emoticons/classic/smokin.r191677.gif "Cool [smoke]")
I think the lows are in and my orders will expire. Can't complain too much. A profit is a profit. Sold some IAC today up 84% in 6 weeks.
Probably not. I haven't looked much but it took a 15% haircut today in an environment where the internet is working. No earnings apparently.
Disney Shanghai opened today. Disney futures up to $109.
OK. I need some seasoning and thicker skin maybe. Week 1 up 7.51% Week 2 up 8.3%. Week 3 tanked. I blinked and sold everything at 1.31%. Week 4 still following and it is down to .51% positive. Thoughts?
First try at investing? Potentially one of the most volatile periods in history. Chill or invest in savings accounts.
I've occasionally (purposely italicized) taken advantage of recent volatility to my gain. Day-trading and jumping in and out of issues on a weekly basis are not my favorite equity moves, but I will buy if I believe good deals exist. I'm old-school long. Later, I plan on testing puts and calls and maybe basing equity trades on Average True Range (ATR). Go with what you feel is right, but prepare for losses in this market.
And Warren Buffet thinks most investors should just buy an S&P fund, so VOOG is an ETF that would fit that category for LaMar, though it’s probably overpriced currently, too!
I have been making contributions to my 401k for for over 35 years. I recently converted my mutual funds to ETFs as I am no longer making contributions. This was just a small play to get my feet wet on individual stocks. I have to find some relief from the boredom created by social distancing. Maybe I could offer to pay the neighbor kids to walk on my lawn just so I could holler at them.
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I transferred about 13% of an S&P 500 index fund to a fund that's 60% bonds last week. Seemed like a great time to rebalance the IRA finally after a nice rally off the lows. Not getting any younger.
Seems a lot of people, like Dayton, would rather not chase this rally any longer and instead use options to limit exposure to future losses. Who can blame them? I'm raising cash as well minus relatively small purchases like STKL.
By far the best thing to do is think long term.....just like you did with your 401k. By a good quality stock at a fair or better price......then wait, and wait, and wait.
James, every time I’ve tried that, I gradually move that money back over to equities or Cash. You are probably making a wise move, but some of us perhaps aren’t born for bonds!
I’m with you on the ETFs over mutual funds, much easier record keeping. I enjoy individual stock investing, you just have to mentally prepare yourself for lots of screwups (some out of your control) mixed in with rewards. You just need to come out ahead in the long run. Your stomach will likely tell you whether to quietly stick to ETFs or stay in the individual stock game. Scary part to me is the critical changing dynamics investors face, are we switching more to work at home, telemed, etc, in the long run? Is this virus going to affect retailing, airlines, autos, energy, etc, for several years? If so, it all makes a big difference in what stocks we should be buying. What about building the wall and infrastructure? No talk and no money to do it!
This morning a little before the market opened, I read about the biopharma SRNE and its positive antibody lab results. The stock was already up about 16%, but figured it would be up much more, scrolled down to where Cramer warned Watch Out, bought 1,000 sh at $4.44, ran errands, came home and quickly sold half of it for a profit of $1,407.40. I never know what to do with hot potatoes, but I hope that CEO is right that the antibody treatment ultimately becomes an answer for controlling Covid 19 until a vaccine is developed. FDA approval is the next step and the need for a lot more blood plasma is another hurdle.
Sold the other 500, total profit over a 6 hour period, $2,558.50, and I never heard of SRNE before this morning. So, LaMar, you can have some fun with patience buying and selling stocks. Overall, I’m not up a lot in 2020, but beating all three indexes the last year or so after a 3 year slump.
WTG #lz
Those hits make my mouth water but for me, I can't chase the quick buck just yet. Maybe in 10 or 15 years I'll have the time and money (and huevos).
Right now it's steady Eddy long and so far I'm well ahead of the SP500 over the last 3yrs (unrealized). Gotta know your risk tolerance.
Those hits make my mouth water but for me, I can't chase the quick buck just yet. Maybe in 10 or 15 years I'll have the time and money (and huevos).
Right now it's steady Eddy long and so far I'm well ahead of the SP500 over the last 3yrs (unrealized). Gotta know your risk tolerance.
Thanks, wish this type of thing happened more often, love the once every 3-5 year no brainer plays!
I bought Wells Fargo when it was $25 a share. I hope it reaches $25 again soon so I can break even....
Holy crap! I nearly purchased WFC when it was in the 40s back this past January, but held off. I might finally jump in.
Dividend still paid?
