NKLA shares down 19% today and 71% from the 52-week high as the chairman resigns over fraud allegations.
Stock Advice Thread
- Thread starter dgtatu01
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Died by the sword a little, but my wife’s AMZN, LVGO, etc, saved the day x 3!
My lower sell limits were hit for both DCHP (-10%) and WKHS(-11%). Made a few dollars. Several reasons bantered about for the sell off, but I am not absolutely sure what drove it. They were my two largest investments. Do I buy back in if the price continues to drop or do I look for other opportunities?
Downside of sell limits, our friend! An investor is “supposed to” have a reason for setting a specific sell limit, been there, done that. Cramer telling people to sell half may have been the driver, hard to anticipate the “Church of What’s Happening Now” guy. You are experiencing a lot in a short period of time. I don’t know, can’t remember your initial goals, maybe other investors can help you, we have some good people here.
I was fortunate to get quite a quick rise on the purchase of both DHCP and WKHS. As the stock price went up I adjusted my lower sell limits to guarantee a small profit and avoid a deep loss if a negative run should occur. Both stocks busted my lower limits by less than $.25. So the process worked as expected.
If interested in that much risk and stocks with so much volatility, you might consider options strategy's. Otherwise you hang on thru the tough periods if you believe the longer term has upside. Enough to buy the dips.
Need a little help.
I have been trading stock with Fidelity online and today when I made a purchase at a certain price it shows in my purchase history as correct, but in my "positions" that it was bought at $3 higher and showing me with an immediate loss and the stock didn't spike. This has never happened before.
I know Austin uses Fidelity, but I'm sure others do to too that may be able to explain this.
I have been trading stock with Fidelity online and today when I made a purchase at a certain price it shows in my purchase history as correct, but in my "positions" that it was bought at $3 higher and showing me with an immediate loss and the stock didn't spike. This has never happened before.
I know Austin uses Fidelity, but I'm sure others do to too that may be able to explain this.
Double check to make sure it wasn't a market order before you call.
It was a market order. What kind of order should it be and why would it make a difference?
I appreciate your tutelage as I just started doing this about a month ago, but this is the first time it's happened.
The price fluctuates by the second/minute. A market order basically just buys at whatever price it is as the moment.
Look near the stock price and you will often see a little set of numbers saying "bid and ask". I usually use a limit order and set the price a little lower than the bid/ask prices. For instance, if a price is $103.45.........I will set the limit order for $103.42. And you'll usually get it at a lower price.....slightly. It is very possible to set the price too low and it doesn't fill.......
If you're only buying a small amount of something and the stock isn't very volatile......it won't mean much. However, if you're trying to buy into something that is bouncing around like a 4 yr old you might get hosed........at least for that day.
My pick of the year is Alphabet (GOOGL). Google as you'all know is a FANG stock that has done well with the tech bull run, but Google is in a position to go on a tear the next few years. While Google has dabbled in a lot of future tech stuff like autonomous vehicles etc., historically the lions share of the revenue has come from it's paid search platform. However Google also acquired YouTube, and now YouTube has launched it's streaming TV service YouTube TV that competes with Hulu, Sling and others. All of them compete with Direct TV, Dish, Comcast, Spectrum etc.
There is now a fundamental shift going on from cable & satellite to streaming services. Streaming services are less expensive, more reliable, easier to use, don't require special wiring, have unlimited DVR capability etc. And of those services You Tube TV is the clear industry leader.
The fight is on and it will go on for a few more years but Google is a position to virtually own that market down the road and when it does, it's revenue will easily double what it is now and will pass Apple as the largest corporation in the world measured by market cap. Thinking about all those other media companies that Google will curb stomp is mind boggling.
By now and enjoy the profits!
There is now a fundamental shift going on from cable & satellite to streaming services. Streaming services are less expensive, more reliable, easier to use, don't require special wiring, have unlimited DVR capability etc. And of those services You Tube TV is the clear industry leader.
The fight is on and it will go on for a few more years but Google is a position to virtually own that market down the road and when it does, it's revenue will easily double what it is now and will pass Apple as the largest corporation in the world measured by market cap. Thinking about all those other media companies that Google will curb stomp is mind boggling.
By now and enjoy the profits!
Agree on Google, but fiber rollout in tech-heavy Austin has been, to date, a major debacle. Countless missed deadlines. Substandard support (third-party). Other Google fiberverse cities experienced much better results than ATX. Googles' problem, at least locally, is that they've moved away from their roots.
Google Fiber's high-speed internet service is leaving Louisville after ripping up roads and leaving cables exposed
CNET reported Thursday that Google Fiber plans to end its service in Louisville on April 15.
If you want orders executed at your prices, use limit orders only. If you have one that just won't execute, you always have the option to use Good Till Cancelled (GTC) limit orders or simply raise the price of your order. GTC limit orders can last as long as 90 days or until the trade is executed.
I made that mistake the first couple of trades I made.
LOL....Fidelity will probably shut me down tomorrow because of too many "good faith violations".
Hell, I thought if you had "cash available to trade" in you balances, you could do whatever you wanted. Didn't realize the rules say you can't resell "unsettled" trades. I thought I was a "day trader" and they said you can be if you keep a minimum $25K in your account at all times. lol
My account is with Vanguard and I was tagged with that same violation just over a week ago. A warning popped up when I made the purchase stating that I would be in violation if I sold shares before that transaction was settled. That's cool. But I forgot and sold.
I wondered why there was no warning when I made the sell? If a warning had popped up when I entered the sell I would have cancelled and prevented this violation. I called Vanguard and suggested the additional warning.
Trump and Pence with photo op this morning at the White House with the Endurance EV truck (WKHS) and Lordstown, OH plant workers (DPHC).
Teach me about SPAC's. I know they tend towards risky.
And what about SPAC ETF's......like the upcoming release of SPAK. Would this be an interesting way to play?
And what about SPAC ETF's......like the upcoming release of SPAK. Would this be an interesting way to play?
A stock for you to mull, EDUC, great company for buying supplemental or entertaining books for young kids. Wish I heard of it sooner, would be up 6 x my money if I bought in 2019. I bought some today, probably fairly priced currently, revenue flat re: Covid, but everything else very positive if you look at the profile, talk to your friends who buy books for their children. EPS coming out in a week, established company out of Tulsa that uses a British publisher.
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Solar has been going nuts recently. I'm closing on a 100% return after a few months.....
TAN
Invesco Solar Portfolio ETF
TAN
Invesco Solar Portfolio ETF
Already enjoying its move upwards, my Ky nephew’s wife is a middle school principal who told me she has bought entire book series from them for their 3 young children for more than 5 years...huge catalog of various kids’ books. I can say the same for SPWH, outdoor leisure store out of Utah (seems to produce many profitable companies these days) at a time of record gun and ammo sales. Most outdoor stores have gone out of business in my part of the country other than Bass Pro, Cabela’s and Mack’s Prairie Wings. SPWH has been around since 1986, obviously doing things right. While tech and medical stocks are the most significant part of my portfolio, profitable winners like these two with growth potential are hard to spot and what I love to add.
Good inventory? Display? Prices? I’ve never been to one, Southaven, Ms, of all places is the closest.
It's a bit like a Cabela's, but much less emphasis on the presentation. You walk into a BassPro/Cabela's and the place is beautiful......lots of stuffed wildlife in pretty settings, fireplaces, etc. SW really plays off the "warehouse" vibe. The decoration is rather sparse. Prices are decent across the board. I can't really say they're much cheaper than other places, but they certainly aren't more expensive.
We have a privately owned company in west Tn, Final Flight, sounds similar in layout, difference is it’s totally hunting and camo clothing, no fishing items. It’s been around a long time, yet most people where I live in Jackson, Tn, never heard of it because it’s located in the middle of nowhere between Martin and Union City. In the middle of duck season a few years ago, I badly needed a few common hunting items that nobody stocked here (One said it was time to display fishing items), no wonder all of them went out of business. I drove an hour to Final Flight and now have exactly what want, quality inventory 7 days a week during hunting seasons, friendly service and a gun gunsmith. As you said, decent prices are fine when you have a need.
Musk is at it again.
Starlink is being used in parts of Washington to fight fires......in areas where phone service was not available before.
finance.yahoo.com
Starlink is being used in parts of Washington to fight fires......in areas where phone service was not available before.
Elon Musk Has IPO Plans For Starlink, And Retail Investors Will Get 'Top Priority'
Space Exploration Technologies Corp CEO Elon Musk revealed Monday that the company has plans to take its satellite broadband unit Starlink public, but not until the revenue growth is "smooth" and "predictable."What Happened: Such an initial public offering would come "several years in the...
Chuck, I'm an old-school value investor. My investing philosophy is basically unchanged over 30 years.
I consider current P/E ratios, increasing sales, book values and debt, to name a few. Analyst ratings factor into nearly all my investments. Because of my strategy, I've missed many really good opportunities. My philosophy is more defensive in nature. I seek risk mitigation while realizing gains. Love my dividends, and reinvest those dividends back into the business. I usually buy and hold. Simple yet effective. Again, I've missed some great opportunities over the years, but scored steady returns.
Please understand our current environment is non-typical due to COVID. Personally speaking, we're witnessing a wait-and-see approach from individual investors due to the upcoming election. Both candidates realize US equities importance. If Trump wins, we'll see a bump until next year. If Biden wins, we're probably looking at a short-term hit, followed by more measured appreciation over coming years. Just my 2 cents.
I'll weigh in.
I like to look at year over year revenue and earnings. P/E is good for comparison to other similar companies. Market cap as well.
Free cash flow, debt and profitability.
When looking at graphs, I use 50 and 200 moving day avg. As those 2 come closer together or even cross, that's where the value can be really upped. Of course the fundamentals must still be good.
As far as value vs growth, I think that depends on your time horizon and risk tolerance. I always advocate buy and hold. Invest in good companies and hold them for a long time. You will be rewarded.
I like to look at year over year revenue and earnings. P/E is good for comparison to other similar companies. Market cap as well.
Free cash flow, debt and profitability.
When looking at graphs, I use 50 and 200 moving day avg. As those 2 come closer together or even cross, that's where the value can be really upped. Of course the fundamentals must still be good.
As far as value vs growth, I think that depends on your time horizon and risk tolerance. I always advocate buy and hold. Invest in good companies and hold them for a long time. You will be rewarded.
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Comparative gross margin percentages from the previous year’s quarter is watched by me, too.
Revenue and earnings growth are big no matter what business it is. In these times, I want to own few of the companies in massive debt without much growth so the ratio of debt/equity is something I look at. In addition, I look at how their peers are doing. I can stomach an expensive P/E ratio if a company is best of breed in their sector because these type businesses always get a higher valuation.
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Cal is miserable lol. Pissed too. Watch post game- Latest: Son_Of_Saul
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