Stock Thread (44 Viewers)

[culdeus]

If trading oil and gas and planning on holding long term then I have no idea why you wouldn't get a royalty trust or two. They pay gigantic dividends and the equity component moves way faster than the commodity.

Look at something like SBR or SJT for example.

Both of these are trading at 2003 levels now. And with a 11 and 8% dividend, each.

Outstanding advice. I forgot to mention those two.

Insane value right now. It's like owning your own oil well and natural gas well.

One thing to remember though is the dividends are dependent on the price of oil and gas so those can fluctuate monthly.

And for the most part the dividends are tax free money, but require some heavy paperwork at tax time to document things right so you can get the benefit. After 2 years holding the same one the tax benefits roll off.

Note: Not a CPA or a Tax guy, advice above is way simplified. Do your homework.

 

[fantasycurse42]

What's the all in cost per barrel of oil?

Depends on the extraction method. WTI out of the ground is about 18.

This is extremely simplified and varies wildly by location.

 

[culdeus]

What's the all in cost per barrel of oil?

Depends on the extraction method. WTI out of the ground is about 18.

This is extremely simplified and varies wildly by location.

It's an average. It's the most commonly reported number you hear. Not every play is some frack job.

 

[cosjobs]

If trading oil and gas and planning on holding long term then I have no idea why you wouldn't get a royalty trust or two. They pay gigantic dividends and the equity component moves way faster than the commodity.

Look at something like SBR or SJT for example.

Both of these are trading at 2003 levels now. And with a 11 and 8% dividend, each.

SBR looks great with that dividend, but isn't it the kind of micro cap that the Saudis have their gunsights on while their crude floodgates are open? That's what I hear, but I have no idea. SJR even moreso. How are their books? Are either carrying debt? And isn't SJR offshore, the most expensive way to extract?

 

[cosjobs]

What's the all in cost per barrel of oil?

Depends on the extraction method. WTI out of the ground is about 18.

This is extremely simplified and varies wildly by location.

It's an average. It's the most commonly reported number you hear. Not every play is some frack job.

Its a good number to know, while keeping in mind its highly variable

 

[cosjobs]

Thinking of bailing on UCO afterhours. I could net out $60 right now and use that pile to ultrashort crude tomorrow.

I've been doing 3x Energy with ERY, but think I may move to a 3x inverse crude. Infrastructure and Nat gas tend to prop up ERY

 

[culdeus]

If trading oil and gas and planning on holding long term then I have no idea why you wouldn't get a royalty trust or two. They pay gigantic dividends and the equity component moves way faster than the commodity.

Look at something like SBR or SJT for example.

Both of these are trading at 2003 levels now. And with a 11 and 8% dividend, each.

SBR looks great with that dividend, but isn't it the kind of micro cap that the Saudis have their gunsights on while their crude floodgates are open? That's what I hear, but I have no idea. SJR even moreso. How are their books? Are either carrying debt? And isn't SJR offshore, the most expensive way to extract?

I'm not an investor in these, just pointing out options for people that are wanting to make a oil/gas play and intend to hold it a long time. These aren't the only two in this space. There are dozens of them.

 

[cosjobs]

If trading oil and gas and planning on holding long term then I have no idea why you wouldn't get a royalty trust or two. They pay gigantic dividends and the equity component moves way faster than the commodity.

Look at something like SBR or SJT for example.

Both of these are trading at 2003 levels now. And with a 11 and 8% dividend, each.

SBR looks great with that dividend, but isn't it the kind of micro cap that the Saudis have their gunsights on while their crude floodgates are open? That's what I hear, but I have no idea. SJR even moreso. How are their books? Are either carrying debt? And isn't SJR offshore, the most expensive way to extract?

I'm not an investor in these, just pointing out options for people that are wanting to make a oil/gas play and intend to hold it a long time. These aren't the only two in this space. There are dozens of them.

Sure, I see. I really want to find some to buy around the bottom, but hard to not lean toward Conoco or some other big, stable player with high yields.

 

[cosjobs]

I've been in RUSS a few days. Its a 3x inverse Russian market etf and been treating me really nice

First off, its always fun to bet against the evil empire.

Beyond that, I think they are more reliant on crude production than any other large market.

FInally, they seem to be escalating the pissing match with Ukraine today and it seems like that would hurt the Russian market, but who knows?

 

[John Bender]

Oil is a falling knife... Sure some people will catch it at the right time and make a killing, but the risk of being cut badly is also there.

I don't see why the bleeding stops today. We need a significant decrease in supply to help reverse, either that or some type of geopolitical event.

GL to all. I'm still on the sidelines on this one.

ETA:

I also think a test of $40 is inevitable.

At 22.47 today with UCO

Thinking of buying $1000 worth.

You sort of talked me out of it, but what's the consensus here?

I'm just giving my .02.

Oil is just a huge gamble right now, might as well flip a coin - Nobody knows. What I think I know is OPEC doesn't intend on selling $40 barrels forever (so money is there to be made, with patience and playing it properly, not trying to catch a bottom, especially with a leveraged ETF that will decay), but what is happening right now appears to be part of their plan, and they haven't blinked once. They control 30% of the oil on Earth (at a much cheaper price to mine than basically anywhere else) and they appear hellbent on destroying US production. While I'm in the bucket that thinks that is impossible (unless the prices stay low forever), the rig counts leveling off and increasing the past few weeks is def not going to change their course yet. Especially since the most efficient rigs are remaining online. We're past the earlier lows of 2015, and while I'm no chartist, I can make an assumption that this is a very bearish sign.

Love to see what Siff thinks of these charts and where he has support levels mapped out on WTI.

I think patience is key here, I've already been sliced once on UCO, so I'm proceeding with extreme caution.

Buying XOM, CVX, BP and COP at these levels for a long term growth and income minded investor is a 5 year buying opportunity.

Trying to trade oil is like playing at the craps table. But investing in these cash rich diversified vertical oils giants will reap some capitol gains and great current income. And their dividends are pretty safe. Their balance sheets are flush with cash and oil will not stay at these levels forever.

In 2-3 years 70-80 a barrel is very much in the cards. maybe even quicker. The Saudi's are just waiting for the debt pressure to crumble the small players and then they will tighten the production to drive the price back up.

I am a value/contrarian and trying to predict the bottom is tough.

For those who want something even spicier take a look at:

BHP

FCX

Two minng giants. One more into copper (FCX) and BHP more diversified. BHP is a great company. They have been murdered. FCX has been destroyed is a high risk play. But the world needs copper (housing especially) and they also ventured into oil and gas 2 years ago. Basically they are in the worst three business you can be in right now and have been taken to the out house.

At 10 bucks a share FCX can be a major trade for a patient investor who can ride out the commodity collapse and wait for the turnaround. Same for BHP.

Love those two as a nice big turnaround trade over the next 12-24 months (40-50% upside type trades).

Trying out some FCX.

 

[John Bender]

I have a bit of liquid after buying a house fell through. I'm reinvesting most with the advice of a financial planner but wanted to keep a few thousand around to play with myself - hence the action today.

I'm not trying to be a day trader or as smart as anyone else here but I did read through a lot of the thread and even 2-3 pages back ago people we're talking about pouncing on some UCO when it fell below 25 so I decided to take the plunge based on that. Eminence probably knows more about stocks than I do.

I have no issue with leaving it there for years if need be and I have no issues if I lose it all to be honest. Like going to the craps table, I only took with me what I was comfortable losing.

Hopefully it turns out ok. GL to all.

 

[Todem]

If trading oil and gas and planning on holding long term then I have no idea why you wouldn't get a royalty trust or two. They pay gigantic dividends and the equity component moves way faster than the commodity.

Look at something like SBR or SJT for example.

Both of these are trading at 2003 levels now. And with a 11 and 8% dividend, each.

SBR looks great with that dividend, but isn't it the kind of micro cap that the Saudis have their gunsights on while their crude floodgates are open? That's what I hear, but I have no idea. SJR even moreso. How are their books? Are either carrying debt? And isn't SJR offshore, the most expensive way to extract?

I'm not an investor in these, just pointing out options for people that are wanting to make a oil/gas play and intend to hold it a long time. These aren't the only two in this space. There are dozens of them.

I own PBT and SJT

Permian Basin Royalty Trust and San Juan Basin Royalty Trust.

Outstanding Royalty trusts.

 

[Todem]

Oil is a falling knife... Sure some people will catch it at the right time and make a killing, but the risk of being cut badly is also there.

I don't see why the bleeding stops today. We need a significant decrease in supply to help reverse, either that or some type of geopolitical event.

GL to all. I'm still on the sidelines on this one.

ETA:

I also think a test of $40 is inevitable.

At 22.47 today with UCO

Thinking of buying $1000 worth.

You sort of talked me out of it, but what's the consensus here?

I'm just giving my .02.

Oil is just a huge gamble right now, might as well flip a coin - Nobody knows. What I think I know is OPEC doesn't intend on selling $40 barrels forever (so money is there to be made, with patience and playing it properly, not trying to catch a bottom, especially with a leveraged ETF that will decay), but what is happening right now appears to be part of their plan, and they haven't blinked once. They control 30% of the oil on Earth (at a much cheaper price to mine than basically anywhere else) and they appear hellbent on destroying US production. While I'm in the bucket that thinks that is impossible (unless the prices stay low forever), the rig counts leveling off and increasing the past few weeks is def not going to change their course yet. Especially since the most efficient rigs are remaining online. We're past the earlier lows of 2015, and while I'm no chartist, I can make an assumption that this is a very bearish sign.

Love to see what Siff thinks of these charts and where he has support levels mapped out on WTI.

I think patience is key here, I've already been sliced once on UCO, so I'm proceeding with extreme caution.

Buying XOM, CVX, BP and COP at these levels for a long term growth and income minded investor is a 5 year buying opportunity.

Trying to trade oil is like playing at the craps table. But investing in these cash rich diversified vertical oils giants will reap some capitol gains and great current income. And their dividends are pretty safe. Their balance sheets are flush with cash and oil will not stay at these levels forever.

In 2-3 years 70-80 a barrel is very much in the cards. maybe even quicker. The Saudi's are just waiting for the debt pressure to crumble the small players and then they will tighten the production to drive the price back up.

I am a value/contrarian and trying to predict the bottom is tough.

For those who want something even spicier take a look at:

BHP

FCX

Two minng giants. One more into copper (FCX) and BHP more diversified. BHP is a great company. They have been murdered. FCX has been destroyed is a high risk play. But the world needs copper (housing especially) and they also ventured into oil and gas 2 years ago. Basically they are in the worst three business you can be in right now and have been taken to the out house.

At 10 bucks a share FCX can be a major trade for a patient investor who can ride out the commodity collapse and wait for the turnaround. Same for BHP.

Love those two as a nice big turnaround trade over the next 12-24 months (40-50% upside type trades).

Trying out some FCX.

A company like that is worth a shot. There is probably some more downside pain short term (another 5-10%) but again...it's hard to predict bottoms. But as you can see the stock as been beaten to a pulp. They have ton's of assets. A lot of debt right now though.

Ride them....and I think when copper, oil and other hard assets turn....they will fly.

 

[cosjobs]

So in a royalty based trust, you can dodge taxes on the royalties for a period? What about withdrawal? Are they taxable at the end when withdrawn? What about the securities themselves?

 

[cosjobs]

Oil is a falling knife... Sure some people will catch it at the right time and make a killing, but the risk of being cut badly is also there.

I don't see why the bleeding stops today. We need a significant decrease in supply to help reverse, either that or some type of geopolitical event.

GL to all. I'm still on the sidelines on this one.

ETA:

I also think a test of $40 is inevitable.

At 22.47 today with UCO

Thinking of buying $1000 worth.

You sort of talked me out of it, but what's the consensus here?

I'm just giving my .02.

Oil is just a huge gamble right now, might as well flip a coin - Nobody knows. What I think I know is OPEC doesn't intend on selling $40 barrels forever (so money is there to be made, with patience and playing it properly, not trying to catch a bottom, especially with a leveraged ETF that will decay), but what is happening right now appears to be part of their plan, and they haven't blinked once. They control 30% of the oil on Earth (at a much cheaper price to mine than basically anywhere else) and they appear hellbent on destroying US production. While I'm in the bucket that thinks that is impossible (unless the prices stay low forever), the rig counts leveling off and increasing the past few weeks is def not going to change their course yet. Especially since the most efficient rigs are remaining online. We're past the earlier lows of 2015, and while I'm no chartist, I can make an assumption that this is a very bearish sign.

Love to see what Siff thinks of these charts and where he has support levels mapped out on WTI.

I think patience is key here, I've already been sliced once on UCO, so I'm proceeding with extreme caution.

Buying XOM, CVX, BP and COP at these levels for a long term growth and income minded investor is a 5 year buying opportunity.

Trying to trade oil is like playing at the craps table. But investing in these cash rich diversified vertical oils giants will reap some capitol gains and great current income. And their dividends are pretty safe. Their balance sheets are flush with cash and oil will not stay at these levels forever.

In 2-3 years 70-80 a barrel is very much in the cards. maybe even quicker. The Saudi's are just waiting for the debt pressure to crumble the small players and then they will tighten the production to drive the price back up.

I am a value/contrarian and trying to predict the bottom is tough.

For those who want something even spicier take a look at:

BHP

FCX

Two minng giants. One more into copper (FCX) and BHP more diversified. BHP is a great company. They have been murdered. FCX has been destroyed is a high risk play. But the world needs copper (housing especially) and they also ventured into oil and gas 2 years ago. Basically they are in the worst three business you can be in right now and have been taken to the out house.

At 10 bucks a share FCX can be a major trade for a patient investor who can ride out the commodity collapse and wait for the turnaround. Same for BHP.

Love those two as a nice big turnaround trade over the next 12-24 months (40-50% upside type trades).

Trying out some FCX.

A company like that is worth a shot. There is probably some more downside pain short term (another 5-10%) but again...it's hard to predict bottoms. But as you can see the stock as been beaten to a pulp. They have ton's of assets. A lot of debt right now though.

Ride them....and I think when copper, oil and other hard assets turn....they will fly.

What do you like to play copper?

And it looks like oil went up ~50 cents (42.64) while I was sleeping. Woohoo, I should be able to gtf out of UCO this morning with a small profit. I couldn't get anyone to bite at 22.60 after hours.Thinking maybe some gold bear etfs today.

 

[cosjobs]

YHOO

I love this so hard, 5.24 EPS

A mountain of cash and two major upgrades since last night.

Still short on the market, but I don't see this going much lower, so I'm in hard

 

[culdeus]

So in a royalty based trust, you can dodge taxes on the royalties for a period? What about withdrawal? Are they taxable at the end when withdrawn? What about the securities themselves?

Best to google this, but in a nutshell: (Again, do homework here don't trust me)

• The distributions of the royalties are depletion based, so they go to deplete the cost basis of your security.
• Each year you send in a form for each security you own saying how much cost basis you are writing down, then you get to avoid taxes on the royalty payments.
• Some of the royalty payments are completely tax free and don't lower your basis. This is only like 10% of it. Varies.
• The amount you can write down changes the longer you hold the royalty. So the sweet spot is to sell after 2 years and get another one that is similar so you can continue to capture the depletion, sell at a long term cap gain, and pay low taxes on the dividends.
• The paperwork is a huge beating to do yourself
• I think, but I'm not 100% sure that if you wanted to you can just pay taxes on these like they are ordinary dividends and move on with your life, but for gods sake do not quote me on this. Ask a professinal

The best ones to get are the ones with a decent blend of oil and gas, or ones that are pure oil or pure gas and balance your stake in each. That tends to smooth your volatility. I'm also not aware (but surely there is one) of a natural gas tracking stock.

 

[cosjobs]

So in a royalty based trust, you can dodge taxes on the royalties for a period? What about withdrawal? Are they taxable at the end when withdrawn? What about the securities themselves?

Best to google this, but in a nutshell: (Again, do homework here don't trust me)

• The distributions of the royalties are depletion based, so they go to deplete the cost basis of your security.
• Each year you send in a form for each security you own saying how much cost basis you are writing down, then you get to avoid taxes on the royalty payments.
• Some of the royalty payments are completely tax free and don't lower your basis. This is only like 10% of it. Varies.
• The amount you can write down changes the longer you hold the royalty. So the sweet spot is to sell after 2 years and get another one that is similar so you can continue to capture the depletion, sell at a long term cap gain, and pay low taxes on the dividends.
• The paperwork is a huge beating to do yourself
• I think, but I'm not 100% sure that if you wanted to you can just pay taxes on these like they are ordinary dividends and move on with your life, but for gods sake do not quote me on this. Ask a professinal

The best ones to get are the ones with a decent blend of oil and gas, or ones that are pure oil or pure gas and balance your stake in each. That tends to smooth your volatility. I'm also not aware (but surely there is one) of a natural gas tracking stock.

Interesting. THanks for taking the time to answer.

We will probably retire in 5 years or so. I'm going to talk to my accountant about using this as a vehicle.

 

[Todem]

So in a royalty based trust, you can dodge taxes on the royalties for a period? What about withdrawal? Are they taxable at the end when withdrawn? What about the securities themselves?

Best to google this, but in a nutshell: (Again, do homework here don't trust me)

• The distributions of the royalties are depletion based, so they go to deplete the cost basis of your security.
• Each year you send in a form for each security you own saying how much cost basis you are writing down, then you get to avoid taxes on the royalty payments.
• Some of the royalty payments are completely tax free and don't lower your basis. This is only like 10% of it. Varies.
• The amount you can write down changes the longer you hold the royalty. So the sweet spot is to sell after 2 years and get another one that is similar so you can continue to capture the depletion, sell at a long term cap gain, and pay low taxes on the dividends.
• The paperwork is a huge beating to do yourself
• I think, but I'm not 100% sure that if you wanted to you can just pay taxes on these like they are ordinary dividends and move on with your life, but for gods sake do not quote me on this. Ask a professinal

The best ones to get are the ones with a decent blend of oil and gas, or ones that are pure oil or pure gas and balance your stake in each. That tends to smooth your volatility. I'm also not aware (but surely there is one) of a natural gas tracking stock.

Interesting. THanks for taking the time to answer.

We will probably retire in 5 years or so. I'm going to talk to my accountant about using this as a vehicle.

I would use PBT and SJT and look at some big poil comapnies like XOM, CVX and COP for your oil and gas exposure with current income (and what I would consider safer type dividend payers).

Also take a look at this fund for an actively managed MLP play without all the K-1's

MLPOX (they have an A share and C share too but i use the Institutional share for my clients)

At this NAV it is paying a robust yield north of 6% right now. Long term...great time to get in. They invest in the strongest and bigger MLP'S in the country.

 

[FUBAR]

quick research on BHP, can someone explain the P/E differences?

P/E (ttm): 10.04 Forward P/E (1 yr): 39.61 why such a difference?

 

[Todem]

quick research on BHP, can someone explain the P/E differences?

P/E (ttm): 10.04Forward P/E (1 yr): 39.61why such a difference?

Factoring in the horrid prices for Iron Ore, Mineral Sands, Oil, Gold, Silver......commodities have been destroyed. So projected forward earnings look horrific with today's market commodities prices.

This stock is considered a classic value trap by some. I say you buy a high quality giant like BHP and ride through the volatility....collect your dividend and just as fast as commodity prices went down...they can reverse within 12-24 months and you have a great stock with capitol gains....and income.

BHP is a global mining giant. They also spun off a portion of their business to keep the dividend safer. Again....it is a not a stock for the faint of heart. This is a trade opportunity IMO to buy on fear.

 

[fantasycurse42]

WTI is currently at $42.30 and UCO is at $22.46.

Yesterday, I looked out of curiosity when JB bought, WTI was $42.19 and UCO was $22.50.

These things are only good during violent swings, like DWTI/SCO as oil has collapsed the last few months.

If oil were to go on a big run, you can hit a HR here, but the chances of losing are greater (on either bull/bear).

 

[FUBAR]

quick research on BHP, can someone explain the P/E differences?

P/E (ttm): 10.04

Forward P/E (1 yr): 39.61

why such a difference?

Factoring in the horrid prices for Iron Ore, Mineral Sands, Oil, Gold, Silver......commodities have been destroyed. So projected forward earnings look horrific with today's market commodities prices.This stock is considered a classic value trap by some. I say you buy a high quality giant like BHP and ride through the volatility....collect your dividend and just as fast as commodity prices went down...they can reverse within 12-24 months and you have a great stock with capitol gains....and income.

BHP is a global mining giant. They also spun off a portion of their business to keep the dividend safer. Again....it is a not a stock for the faint of heart. This is a trade opportunity IMO to buy on fear.

I made $33 today!

 

[cosjobs]

WTI is currently at $42.30 and UCO is at $22.46.

Yesterday, I looked out of curiosity when JB bought, WTI was $42.19 and UCO was $22.50.

These things are only good during violent swings, like DWTI/SCO as oil has collapsed the last few months.

If oil were to go on a big run, you can hit a HR here, but the chances of losing are greater (on either bull/bear).

I had bought UCO yesterday at 22.43 and tried to get out afterhours at 22.60.

THis morning it opens up and heads to 22.90 and I sell for a nice little 125 profit.

DWTI price had gone down in parallel with UCO, so I bought it at a discount with all the UCO money, then ended up making over 400 when I sold it near close.

Kind of a dream day. Even unloaded RUSS with the big crude dip just before closing and locked nice profits from prev 2 days.

If oil would just free fall, this stuff wouldn't be nearly so possible, but there are enough zags in the downturn to allow me to jump on and off.

Sold a couple DOW 30 1-2x inverses at about a 75 dollar loss on each.

Loaded up pretty big on Apple, Yahoo, Twitter and Mannkind

Love the first 3 and the 4th, I think could easily make me 20% next week. Might actually keep the first 3 to hold in portfolio. Apple's relatively cheap, Yahoo's dirt cheap, and Twitter may bounce big naming a charismatic CEO next week.

I would also have gotten some YELP if it wasn't up 5%.

 

[John Bender]

Almost pulled the trigger on some TWTR

Will follow if one of you smart guys does so. I have a bit hanging back in the account.

 

[pats3in4]

Are mutual funds and ETFs covered here or is that a separate thread?

Looking at Vanguard's REIT fund: VGSIX.

Since it is an index fund, I guess the bigger question is does anyone have advice on investing in REITs in general?

 

[TripItUp]

Almost pulled the trigger on some TWTR

Will follow if one of you smart guys does so. I have a bit hanging back in the account.

They are getting ripe for a takeover...I've thought about getting in myself.

 

[TripItUp]

WTI is currently at $42.30 and UCO is at $22.46.

Yesterday, I looked out of curiosity when JB bought, WTI was $42.19 and UCO was $22.50.

These things are only good during violent swings, like DWTI/SCO as oil has collapsed the last few months.

If oil were to go on a big run, you can hit a HR here, but the chances of losing are greater (on either bull/bear).

It's starting to look like the risk is worth the reward...would be nice to see China pretend to stabilize first.

 

[Sand]

quick research on BHP, can someone explain the P/E differences?

P/E (ttm): 10.04

Forward P/E (1 yr): 39.61

why such a difference?

Same difference as:

Forward P/E (1 yr): -9.61

Forward P/E (1 yr): 9.61

Forward P/E (1 yr): 399.61

They're all completely fictitious numbers that are inevitably wrong. EPS is notoriously hard to predict. Never understood why it's even published except it may give analysts a job. They're generally as good as weathermen.

I'd just use 1YPEG instead. At least that's a real number.

 

[Penguin]

60 minutes doing a follow up on Lumber Liquidators tonight. LL closed at 14.02 on Friday, we could see sub $10 tomorrow.

 

[Aaron Rudnicki]

60 minutes doing a follow up on Lumber Liquidators tonight. LL closed at 14.02 on Friday, we could see sub $10 tomorrow.

is it a real follow up though? I thought they just air reruns all summer long.

 

[Penguin]

New episode, but they basically repeated most of the original story.

 

[St. Louis Bob]

Are mutual funds and ETFs covered here or is that a separate thread?

Looking at Vanguard's REIT fund: VGSIX.

Since it is an index fund, I guess the bigger question is does anyone have advice on investing in REITs in general?

It's all good GB.

 

[kevzilla]

Almost pulled the trigger on some TWTR

Will follow if one of you smart guys does so. I have a bit hanging back in the account.

They are getting ripe for a takeover...I've thought about getting in myself.

I'm in at 37. I need a bid to get back to even any time soon.

 

[Mario Kart]

What's going on with Twitter that you guys are talking about a takeover?

 

[cosjobs]

What's going on with Twitter that you guys are talking about a takeover?

SOmebody needs to find a way to get cash out of what they've created.

Yahoo makes sense because they have so many piles of money.Same for Yahoo buying Yelp. They could buy both and still have tons of cash.

Or maybe Twitter just names a dynamic CEO.

Either could get a 5-15% pop, imo

 

[Mario Kart]

What's going on with Twitter that you guys are talking about a takeover?

SOmebody needs to find a way to get cash out of what they've created.Yahoo makes sense because they have so many piles of money.Same for Yahoo buying Yelp. They could buy both and still have tons of cash.

Or maybe Twitter just names a dynamic CEO.

Either could get a 5-15% pop, imo

Is Twitter not in Apple's or Google's wheelhouse? What would Twitter sell for?

 

[kevzilla]

What's going on with Twitter that you guys are talking about a takeover?

SOmebody needs to find a way to get cash out of what they've created.Yahoo makes sense because they have so many piles of money.Same for Yahoo buying Yelp. They could buy both and still have tons of cash.

Or maybe Twitter just names a dynamic CEO.

Either could get a 5-15% pop, imo

Is Twitter not in Apple's or Google's wheelhouse?What would Twitter sell for?

Both of those would make some sense. Cramer said $20 is the level where the valuation would become compelling, which is probably too low for me to be made whole, even with a buyout. It is a small position for me, so I am inclined to ride it out one way or another.

 

[Todem]

Almost pulled the trigger on some TWTR

Will follow if one of you smart guys does so. I have a bit hanging back in the account.

Go long Bender.

Go long.

 

[fantasycurse42]

Twitter scares me. Their management sucks, they pass out stock compensation like it is toilet paper, they don't know how to monetize (which goes back to ####ty leadership), and even though they've fallen so much, they're still worth $20 Billion.

I pass. Could see them being very successful, but more question marks than I want to worry about for a long term position.

 

[fantasycurse42]

Meanwhile, the battle at $42 for WTI has been intense for a few days, I still don't think it holds, but maybe it does.

 

[Plorfu]

Anybody want to help out some noobs?

https://forums.footballguys.com/forum/index.php?/topic/730516-investment-guys-tell-me-about-sites-like-wealthfront-and-betterment/#entry18269788

 

[Mario Kart]

I'm not sure anyone can monetize Twitter. Ads won't work cause it's too small and will bog down the stuff.

I'm not sure how much it takes to make Twitter work, but it might be cost for any company with little/no revenue. Whoever gets it needs lots of money cause there will be little coming back from it but whoever does get it will have plenty of advertising power to possibly get money on the back end.

 

[fantasycurse42]

Anyone here daytrade?

I was watching DWTI all day for quick buy and sell opportunities. In and out twice today for an extremely pleasant profit in the matter of 30 minutes. Etrade sucks and the $40 commish isn't friendly, but whatever.

 

[Penguin]

60 minutes doing a follow up on Lumber Liquidators tonight. LL closed at 14.02 on Friday, we could see sub $10 tomorrow.

I Hucks'd that one

 

[fantasycurse42]

60 minutes doing a follow up on Lumber Liquidators tonight. LL closed at 14.02 on Friday, we could see sub $10 tomorrow.

I Hucks'd that one

What did 60 minutes say?

At this point, if you don't think LL is going bankrupt, it is worth buying.

 

[fantasycurse42]

The WTI intraday chart has been so repetitive for the last month. Every time there is a spike, it'll flatten and then fall back to prespike levels. Basically, any aggressive buying is met with more aggressive selling. I might keep trying to play this one.

 

[skycriesmary]

The WTI intraday chart has been so repetitive for the last month. Every time there is a spike, it'll flatten and then fall back to prespike levels. Basically, any aggressive buying is met with more aggressive selling. I might keep trying to play this one.

I might join you with the free trades I have in my account. You looking to scalp 1% at a time, or so? I haven't looked at the intraday chart your referring to.

 

[fantasycurse42]

The WTI intraday chart has been so repetitive for the last month. Every time there is a spike, it'll flatten and then fall back to prespike levels. Basically, any aggressive buying is met with more aggressive selling. I might keep trying to play this one.

I might join you with the free trades I have in my account. You looking to scalp 1% at a time, or so? I haven't looked at the intraday chart your referring to.

The chart is pretty fascinating - The only risk you run is getting stuck in a situation when the trend reverses which happenend to SLB and me. As of now, for the last month on this chart, anytime you see a green spike, it is followed rapidly by a red fall. Wednesdays are tough because the EIA reports cause crazy swings.

Today I got in on DWTI after a big jump in the chart from about $42.35 - $42.80. I jumped in at $42.70 when it looked like the reversal was already being delivered. $163.25 and out at $165.

Then again at $166.50 and out at $167.75.

Last trade of the day I didn't want to lose what was a great day, so I hopped in at $167.46 and out at $167.80, got a little gun shy

 

[fantasycurse42]

$62.72 in commissions is a ##### though.