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:lol:    I have one too!  One minute she's wearing an Elsa dress, then next she's in her skivvies karate chopping her big sister.  Maybe we could get them to team-up and form a new Avengers group.  
Maybe you guys can have your warrior princesses be part of a focus group on the quality of entertainment provided by Genius Brands (GNUS).  Superhero Kindergarten sounds like it may be right up their alley.  

 
I'm grateful for this advice, so thanks.

I have most of my retirement funds in 401K  and IRA from previous jobs so those are all in Mutual Funds which isn't going to change.  However, I'm using a portion of my Roth money to purchase individual stocks and build a portfolio within that account in the way you described.  Thanks again!
Just an FYI, you can easily roll those previous job 401k into self-controlled IRAs. Not sure who you have them with but there are very cheap mutual fund options that likely do the same thing your 401k does with less fees. I would never roll my 401k into a new job’s 401k or leave it in an old one, barring some weird vesting situation where you can vest after leaving. Again, you don’t have to buy individual stocks but I'd rather have that option along with the ability to save fees. Many 401ks have some high mutual fund costs and even fees deducted throughout the year.

I rolled my last company’s 401k and I’ve done way better than had I rolled it over to my new company’s 401k. Again, it’s riskier but I like the control and again I could be in the exact same funds if desired.

 
GNUS rolling today. Thanks to whoever shared that one yesterday. 

Taking profits or letting it ride? 
 

Locked in Gains for half the position at 3.06 

 
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Again when I give that type of sell half after a 100% gain and look for another company. I am heavily focsued on people who have limited funds and are looking to build out a portfolio vs a person with say 500K or more and investing long term in a basket of stocks. 

I sold half my APPL after the first 100%......the other half has tripled since then. I did not miss out. What did I do with the half I sold? Bought several more positions which have all doubled easily since then as well.

Again it is not for everyone. It is more for the people simply starting out with 10, 25, 50 even 100K. And it is also a risk mitigating strategy as you can become wealthy being concentrated.....but more often than not you will not stay wealthy being concentrated.  

A stock I bought back in 1994.....MO (Altria) I sold half after the first 100%.....then got the PM spin off....been reinvesting the dividends.....I am up 700% in that stock since my first buy (with selling half after the first 100%). I held it long term. Again......I was building my portfolio way back then. 

Even now with a fully mature portfolio built for growth (not current income that is a different animal and approach) I will still take profits when I feel a stock is getting way too frothy and I see fundamental factors that warrant trimming, taking half off the table or an outright full sale. I am an active portfolio manager and I also am in tune to my clients tax sensitivity and discuss tax consequence if it is large and also a harvest “reset” the cost basis strategy as well. There are a lot of factors that go into buying and selling.  So I am typically very apprehensive to give broad stroked advice to anyone. Each person has a different story, need and situation. 

Meantime.....Riots, looting, destruction around the country? Who cares.

STONKS GO UP!
Oh, I like your advice and think it’s very sound. I should have bought some more in March, but outside of Amazon, I’m not super concentrated in any stocks and have a good chunk of cash. I was just saying that I think there’s a difference between buying CCL when it dipped in March and get a 100% run up and lightening the risk and buying a small growing company like FSLY and holding because you think that you’d still buy it now and hold for 5 years. I didn’t buy FSLY to get a 100% gain. I’m hoping to get 5-10x in years. I wasn’t expecting it to be close to $50 right now but I’d rather own it than CCL even if both have gone up similar since the dip.

 
I agree with many here that CNBC can be pretty terrible, but I do tend to have it on during the day. I think if you consume it correctly it can be pretty helpful. They'll talk about stocks I never heard of fairly often, or remind me of some. Cramer's Lightning Round is great for that. The key is to do your own due diligence after that and not just take their word for it.

 
What websites do people here use for current news that relates to the market?  I use Google News, Yahoo News, and the non-pay version of Marketwatch.  I feel like I often don't get news in a timely manner using these sites and sometimes news events that are important to the market will fall through the cracks entirely.  Any suggestions?

 
I agree with many here that CNBC can be pretty terrible, but I do tend to have it on during the day. I think if you consume it correctly it can be pretty helpful. They'll talk about stocks I never heard of fairly often, or remind me of some. Cramer's Lightning Round is great for that. The key is to do your own due diligence after that and not just take their word for it.
Right.  Fast Money is my favorite show because they have 4-5 actual traders that lend their perspectives on tons of stocks/sectors.

I like Cramer, but I can totally get the hate for him as well.  End of the day, the guy is the lead of the most successful business news network out there.  He's way way way more successful than any one on this board and has a track record to back it up.  The reason I like him is he is not afraid to a) take a buy or sell on a stock and b) he'll eat crow when he's wrong.  Sure, he'll thump his chest a billion times when he's right, but he also runs a charitable trust so good on him.

He tries to drive viewers so he has to be a major talking head.  I don't agree with everything he pitches, but I am damn sure he's right a lot more often then he's wrong.

 
What websites do people here use for current news that relates to the market?  I use Google News, Yahoo News, and the non-pay version of Marketwatch.  I feel like I often don't get news in a timely manner using these sites and sometimes news events that are important to the market will fall through the cracks entirely.  Any suggestions?
twitter

 
Right.  Fast Money is my favorite show because they have 4-5 actual traders that lend their perspectives on tons of stocks/sectors.

I like Cramer, but I can totally get the hate for him as well.  End of the day, the guy is the lead of the most successful business news network out there.  He's way way way more successful than any one on this board and has a track record to back it up.  The reason I like him is he is not afraid to a) take a buy or sell on a stock and b) he'll eat crow when he's wrong.  Sure, he'll thump his chest a billion times when he's right, but he also runs a charitable trust so good on him.

He tries to drive viewers so he has to be a major talking head.  I don't agree with everything he pitches, but I am damn sure he's right a lot more often then he's wrong.
False.  In his spare time he does Chet's filing.

 
What websites do people here use for current news that relates to the market?  I use Google News, Yahoo News, and the non-pay version of Marketwatch.  I feel like I often don't get news in a timely manner using these sites and sometimes news events that are important to the market will fall through the cracks entirely.  Any suggestions?
I like to look at Bloomberg, Seeking Alpha, and TD Ameritrade's daily reports from other sources. I was thinking about starting a Google folder where  we can upload that stuff and research reports for each other if people would be interested in that. We all use different brokerages, and I know they share a lot of the same analyst reports, but there might enough differences. So if someone is interested in specific stock we could share research.

 
What websites do people here use for current news that relates to the market?  I use Google News, Yahoo News, and the non-pay version of Marketwatch.  I feel like I often don't get news in a timely manner using these sites and sometimes news events that are important to the market will fall through the cracks entirely.  Any suggestions?
Uhhhh...here?

 
I like to look at Bloomberg, Seeking Alpha, and TD Ameritrade's daily reports from other sources. I was thinking about starting a Google folder where  we can upload that stuff and research reports for each other if people would be interested in that. We all use different brokerages, and I know they share a lot of the same analyst reports, but there might enough differences. So if someone is interested in specific stock we could share research.
Do you ever watch Bloomberg TV?  There's a Roku App and I'll switch to it at times.

Or anyone else.  I don't see it ever discussed.    

 
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I like Cramer, but I can totally get the hate for him as well.  End of the day, the guy is the lead of the most successful business news network out there.  He's way way way more successful than any one on this board and has a track record to back it up.  The reason I like him is he is not afraid to a) take a buy or sell on a stock and b) he'll eat crow when he's wrong.  Sure, he'll thump his chest a billion times when he's right, but he also runs a charitable trust so good on him.
I kind of chuckle when people criticize professional investors or professional fantasy football prognosticators.  In both pursuits, a person is trying to be right more than they are wrong.  Mistakes are inevitable especially in a short term time frame.  But people love to lay blame unjustly.

 
Is there an ETF that covers this family? Self defense / armament? Guns, security, surveillance (cams)?
I've done some searching before on this and there weren't any really dedicated to guns/security that I've found.  Someone is missing out on a "GUNS"  ticker

Now when I look at GNUS in my port it looks like GUNS.  

 
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Right.  Fast Money is my favorite show because they have 4-5 actual traders that lend their perspectives on tons of stocks/sectors.

I like Cramer, but I can totally get the hate for him as well.  End of the day, the guy is the lead of the most successful business news network out there.  He's way way way more successful than any one on this board and has a track record to back it up.  The reason I like him is he is not afraid to a) take a buy or sell on a stock and b) he'll eat crow when he's wrong.  Sure, he'll thump his chest a billion times when he's right, but he also runs a charitable trust so good on him.

He tries to drive viewers so he has to be a major talking head.  I don't agree with everything he pitches, but I am damn sure he's right a lot more often then he's wrong.
I respect Cramer. He certainly likes to play the clown, but I think he is genuine about wanting to help people and teach them how to invest. He also gets a lot of credit in my book for going on the Daily Show when Rick Santeli chicked out.

That said, I don't really like watching him.

 
For anyone who's going to listen to the CYDY call today, I would like to request a favor.  When you register, please submit a question asking why Dr. Patterson isn't on the call and add something about him bringing credibility to these calls.  Here's the info to register:

Date: Tuesday, June 2, 2020

Time: 12:30 pm ET / 9:30 am PT

Access:https://www.wallstreetreporter.com/next-superstock-online-investor-conference/

Interested participants are encouraged to login early prior to the start of the event, as the online event has a capacity of 3,000 participants.  Please note that there will be no telephone access; this is a webcast only event. The livestream presentation will be archived for 30 days. For anyone unable to attend, a video will be posted on CytoDyn’s website approximately 24 hours after the presentation. The conference sponsor provides corporate visibility services to CytoDyn for a fee.     

 
What websites do people here use for current news that relates to the market?  I use Google News, Yahoo News, and the non-pay version of Marketwatch.  I feel like I often don't get news in a timely manner using these sites and sometimes news events that are important to the market will fall through the cracks entirely.  Any suggestions?
Bloomberg

 
For anyone who's going to listen to the CYDY call today, I would like to request a favor.  When you register, please submit a question asking why Dr. Patterson isn't on the call and add something about him bringing credibility to these calls.  Here's the info to register:

Date: Tuesday, June 2, 2020

Time: 12:30 pm ET / 9:30 am PT

Access:https://www.wallstreetreporter.com/next-superstock-online-investor-conference/

Interested participants are encouraged to login early prior to the start of the event, as the online event has a capacity of 3,000 participants.  Please note that there will be no telephone access; this is a webcast only event. The livestream presentation will be archived for 30 days. For anyone unable to attend, a video will be posted on CytoDyn’s website approximately 24 hours after the presentation. The conference sponsor provides corporate visibility services to CytoDyn for a fee.     
Do you know If you just register, submit the question, and aren't able to log on for the call, will the question still get submitted?

 
Do you know If you just register, submit the question, and aren't able to log on for the call, will the question still get submitted?
I can't see Jack Marks having a system sophisticated enough to filter out questions from those who don't log on.  The guy constantly repeats questions and asks questions they've just finished addressing.

 
Don Hutson said:
It went up 15% in 15 minutes.
People drank their coffee.

I was immensely tempted to throw a hefty amount into NERV when it was like 2.50 the other day.  

Might even be tempted to dabble at 3.80 here.  I know nothing of the company😱

 
hxperson said:
I can't remember the last time I've looked at a file where the pre-petition equity had any value when the unsecureds traded at cents on the dollar.   I vaguely recall some cases of this in Latin America, where creditor protections are not as robust (some of which I unfortunately owned) but don't recall anything in the U.S.  
Yeah, I mean when the unsecureds are in the 50-60 cent range and especially when they get rolled into some new debt, it seems like they're more amicable to giving the equity holders, at least some share of the new company. When it's in the single digits, they aren't going to play ball. Maybe you can play in a rights offering. But also sounds like HTZ may actually liquidate. Not close enough to the creditors but at the very least, sounds like they were pushing for a downsize which would help explain the move in CAR

 
Another CYDY call tomorrow.  Hopefully Nader makes this one worthwhile but I'm skeptical.

Same request:  anyone dialing in, please ask why Dr. Patterson isn't on the call and emphasize his importance for the credibility of the message they're delivering.

TIA

I will re-post the favor request again tomorrow.

Date: Tuesday, June 2, 2020

Time: 12:30 pm ET / 9:30 am PT

Access:https://www.wallstreetreporter.com/next-superstock-online-investor-conference/

Interested participants are encouraged to login early prior to the start of the event, as the online event has a capacity of 3,000 participants.  Please note that there will be no telephone access; this is a webcast only event. The livestream presentation will be archived for 30 days. For anyone unable to attend, a video will be posted on CytoDyn’s website approximately 24 hours after the presentation. The conference sponsor provides corporate visibility services to CytoDyn for a fee.     
link doesn't  work

 
Yeah, I mean when the unsecureds are in the 50-60 cent range and especially when they get rolled into some new debt, it seems like they're more amicable to giving the equity holders, at least some share of the new company. When it's in the single digits, they aren't going to play ball. Maybe you can play in a rights offering. But also sounds like HTZ may actually liquidate. Not close enough to the creditors but at the very least, sounds like they were pushing for a downsize which would help explain the move in CAR
I agree.  The rights to participate in a NewCo equity offering are always a hotly contested commodity in workouts and often the motivation around valuation fights between the various classes of creditors.  It would take an extraordinary rebound in earnings or multiples moving far beyond unprecedented levels for impairments to improve to such a degree that the creditors would feel that they need to give something to the equity claims. 

 
[icon] said:
GNUS rolling today. Thanks to whoever shared that one yesterday. 

Taking profits or letting it ride? 
 
:hifive:

Right now I'm holding, but with a 40% pop today it's tough not to cash out some.   

ETA:  I just sold half.

 
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I'm not understanding the catalyst for this increase?  Why is this going up?  
Seems like "word of mouth" inspires some of these things to just do what stonks do best.   :shrug:   In this market, it seems if I wait to see concrete reasons why something is booming, I'll end up waiting and waiting and then join late and kick myself a bit.

 
I'm not understanding the catalyst for this increase?  Why is this going up?  
It's a momentum trade.   People see it trending up and everybody wants a piece on the way up.

I sold all of it with an average gain of 38%...will pay the July mortgage.  

 
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