Dentist
***Official FBG Dentist***
investing isn't supposed to be fun, this isn't the casino.
if you're having fun investing, you either have a sick sense of fun, or aren't doing it right or are just gambling
Boring investing generally wins.
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Stock Thread (13 Viewers)
- Thread starter St. Louis Bob
- Start date
if you're having fun investing, you either have a sick sense of fun, or aren't doing it right or are just gambling
Boring investing generally wins.
sbonomo
Footballguy
Don't have kids ----- Seriously, i used to teach a Junior Achievement economic class where, depending on the age of the kids, I would incorporate the stock game. Pick a stock management page such as Yahoo Finance or Google to allow the kids to pick a portfolio. I generally start them off with a set dollar amount (10,000 seems to work well). I try to explain the different sectors and types of stocks that are available to trade. Generally I don’t allow them to get into any non stock trades such as preferred stocks, bonds, options, etc. for simplicity. Teach them about diversification and risk reward. I imagine with smart phones now you could really make it fun by allowing them to check their stocks real time. The biggest lesson I wanted to teach was being able to look at the data available for the companies that they were interested in investing into.
This guy.
What are you guys' thoughts on NFLX? I've reached long-term in my liquid account (watched it go from $75 where I bought it to $130 down to $55 and now flirting with $220) so I'm tempted to take my winnings, but I don't anticipate bad news. Hastings seems to have that company rolling.
In other news, I think SSH is worth a gamble at $5 if you are a patient investor (real news is a few years away). But even if you aren't, I bet it hits $6 again in 2013.
Mystery Achiever
Footballguy
Congrats, FF NInja. I don't have an opinion on NFLX, but even if you still like it, it would not be crazy to at least take your cost out after this kind of jump. You're close to a triple.
Dentist
***Official FBG Dentist***
that's fine. But who is out there monitoring that twitter feed, reads it and immediately sells enough stock to move the market like that?
there's more to this story than that.
Who trades based on news like that, and how did they sell that fast, and buy back that fast?
that's effed up
Dentist
***Official FBG Dentist***
com'on... serious... how would that event have any affect on the fundamentals of any company in the dow jones or S&P 500.. and how is someone seeing that tweet, then selling/buying tens of millions of shares to make that kind of jump?
I am serious...don't you understand how the market opperates?
It is a HFT world, the rest of us are just trying to survive in it.
Dentist
***Official FBG Dentist***
maybe i don't. If you get a chance, maybe you can break it down for me. Because i honestly don't understand
lod01
Footballguy
St. Louis Bob
Footballguy
It isn't a secret that HFT firms use algos to troll social media for news and execute trades on that basis. No human interaction is needed. Once those sales have gone through, it can trigger sells at other HFT firms based on the steep price action.
St. Louis Bob
Footballguy
Bought 55 DDD @ $35.40
Bob Sacamano
Footballguy
So, what's the plan on this? I'm assuming this is coming from siff, so I guess that question is for him. What would your plan be for this stock?
St. Louis Bob
Footballguy
I want to put 4k into DDD so I'm splitting it into 2 trades since it has been moving pretty decently between $35-31 lately. If it skyrockets from here, awesome, but I figure there will be a chance to buy a little lower. Then I'm just holding and watching.
Mystery Achiever
Footballguy
You probably know, Bob, but DDD earnings are Tuesday morning.
St. Louis Bob
Footballguy
Shorted 15 shares of AMZN @ $251.69 today.
SouthJersey
Footballguy
Wow i guess its too late to hop on the DDD train.
Jojo the circus boy
Footballguy
Anyone follow 6EM3 (futures EUR-USD)? Huge gapdown of 24 ticks at 2PM today, went from 132.00 to 131.76 then 131.92 then 131.96 all within a second.
Bob Sacamano
Footballguy
Yeah. I got almost all my initial investment out of the half I sold. The other half I intend to hold. I actually tried buying more when it dipped down into the low 5s, but I ended up underbidding it.General Malaise said:
General Malaise
Footballguy
Almost makes up for my horrendous uranium suggestions.
If they don't issue more stock, I can't imagine this thing remaining under $10 for much longer this year.
The Ref
Footballguy
General Malaise
Footballguy
AMYGF for me. AYA.V for some.Sarnoff said:
Yeah, that's what I thought about half a year ago when it was trading for $35 before the split.
In other news, INVN had a nice pop today.
I wish I'd manned up and bought more than 1500 shares in April.
The Ref
Footballguy
It's great, but a little crazy. I don't want to go all conspiracy theory here, but how in the world can Oil, Gold and the rest of the commodity complex get the tar kicked out of them 2 weeks ago and now the S&P is making new highs?
The powers that be are going to short the hell out of all commodities and pump up equities for the net few years. S&P 2000 here we come.
Bob Sacamano
Footballguy
And so I'm back to...
What's the plan with DDD? Target price? Got a floor?
siff seems to have been lifted from the planet by aliens.
The Ref
Footballguy
Well I'm not Siff, but the market in general is in full fledged bull mode now. All my money is back in until the market tells me different.
⚡DEADHEAD⚡
Footballguy
BeTheMatch
Footballguy
People aren't afraid of piling back in and/or staying in considering it's the supposed traditional time to sell?
Dentist
***Official FBG Dentist***
it's tough to get out when I've made almost as much in the market as i've made at work this year... and i had a good quarter at work!
Das Boot
Footballguy
And out this morning at 204.70, around a 7% gain. After another big pop to open the day, I thought it might trend downward heading into the weekend, but it held.
mquinnjr
Footballguy
http://www.globenewswire.com/news-release/2013/05/07/545281/10031857/en/3D-Systems-Announces-Proposed-Public-Offering-of-Common-Stock.html
Time to get on board if you're not in already? Down 6.48% in after hours trading as I type this.
Time to get on board if you're not in already? Down 6.48% in after hours trading as I type this.
The Ref
Footballguy
At this point I can't see pulling out until we see a measurable drop off. We are in uncharted waters here to the upside AND the fed and international central banks are keeping the pedal to the floor. I mean who knows - the S&P could drop 50 points in a week at this point and I wouldn't be surprised but It can't drop 10% until it drops 2% first.
The Ref
Footballguy
⚡DEADHEAD⚡
Footballguy
Bob Sacamano
Footballguy
Issue more stock, pop 2.5%. Makes perfect sense.
SouthJersey
Footballguy
Is Seeking Alpha considered a good investing site or is it more like a Bleacher Report for investments?
Mystery Achiever
Footballguy
I like Seeking Alpha for the transcripts from earnings conference calls, which they get quickly. I rarely read the articles.
exactly.....although every now and again they'll have an article about a company i either own or am thinking of buying and will see what they have to say.
mquinnjr
Footballguy
Sold some high priced mutual funds (thanks PBS thread
) and want to put a little on this. Going to do my due diligence on the 2012 annual report and 2013 Q1 release this weekend, but I'm pretty sold on getting in here Monday morning. Love the idea/what DDD is doing/what could be their potential.
