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Stock Thread (49 Viewers)

Days like today when my stocks sold, gold sold, & bonds sold make me wonder about diversification. 

Like if it is all selling, what is the point?

 
eoMMan said:
Roku is a beast. I don't own the stock but I gotta say, I really like their product. So much better than the Google chromecast.
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Wish I bought Roku as part of the "invest in what you use theme".  But I feel like they are one or two more Smart TV releases away from being unnecessary...a hardware component that is gradually being incorporated into Smart TV's.  What am i missing, they're not really going to compete with the giants creating and bundling content right?

 
skycriesmary said:
Microdosing is your friend.  :P  In all seriousness, I think there is great benefit to it, but like you mentioned, responsibility makes it hard to 'grow your horizons'.  
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Forgot back in 99 I did just a little bit of shroom.  It was pretty glorious 

 
St. Louis Bob said:
Forgot back in 99 I did just a little bit of shroom.  It was pretty glorious 
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That's the only form of microdosing I've done. That being said, I don't thing 1/4 gram was micro enough, as I still had a hard time with the daily routine while partaking. Not tripping balls by any means, but still just a bit too much. 

I would be curious to try it with MDMA though...

 
djmich said:
Wish I bought Roku as part of the "invest in what you use theme".  But I feel like they are one or two more Smart TV releases away from being unnecessary...a hardware component that is gradually being incorporated into Smart TV's.  What am i missing, they're not really going to compete with the giants creating and bundling content right?
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The last TV I bought was a "Roku" Smart TV.  Very nice interface. :shrug:

 
I bought Mattel just a couple weeks back (Yay for me!) and it's looking likely that Hasbro could buy them out. I've never owned a stock that was taken over. What happens to my shares? I'll probably just hold them until the buyout price is announced but I assume I need to actually sell at some point, right? They won't just magically disappear for money, I assume. Does the MAT ticker just stop trading at some point?

 
Think I am punting on Netflix tomorrow. It was a run. This disney steaming is going to be big and I don't like all the debt they are taking on. 

I don't necessarily think people will choose between Netflix and Disney at 8 bucks a piece, but still. 

 
pecorino said:
I bought Mattel just a couple weeks back (Yay for me!) and it's looking likely that Hasbro could buy them out. I've never owned a stock that was taken over. What happens to my shares? I'll probably just hold them until the buyout price is announced but I assume I need to actually sell at some point, right? They won't just magically disappear for money, I assume. Does the MAT ticker just stop trading at some point?
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If you do nothing, the most likely outcome is that you will end up with Hasbro shares. You'll have to do some research to determine if that's what you want. These will certainly be some chatter on this in the morning; you might want to keep an ear out for a price. If you're up a bunch, you might consider declaring victory and leaving, like Nixon with Vietnam. I would advise against trying to wring every penny out of the transaction. Based on my personal experience with Whitewave, the juice is not worth the squeeze.

 
fantasycurse42 said:
Debating like 1500 shares on TVIX - mainly just to act as a hedge for the large AAPL position I took.
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I honestly don't know the answer to this, but is it legal to do a 2x inverse of a single stock?  

AAPL would be a decent stock for this, I mean why leave this to the inverse SNP, let's have fun.

 
Aaron Rudnicki said:
https://seekingalpha.com/article/4124200-netflix-new-content-king
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Agree that Amazon has been just getting smoked by Netflix lately on developed content.

Amazon has a good share structure with BBC/PBS that Netflix doesn't, but if Amazon and Netflix were compared side by side without the prime wrapper I don't think Amazon would be compelling for really anyone.

I usually go 3-6 months on with Netflix then cancel when I run thru their shows.  It's probably time to sign up again.  

 
kevzilla said:
pecorino said:
I bought Mattel just a couple weeks back (Yay for me!) and it's looking likely that Hasbro could buy them out. I've never owned a stock that was taken over. What happens to my shares? I'll probably just hold them until the buyout price is announced but I assume I need to actually sell at some point, right? They won't just magically disappear for money, I assume. Does the MAT ticker just stop trading at some point?
Click to expand...
If you do nothing, the most likely outcome is that you will end up with Hasbro shares. You'll have to do some research to determine if that's what you want. These will certainly be some chatter on this in the morning; you might want to keep an ear out for a price. If you're up a bunch, you might consider declaring victory and leaving, like Nixon with Vietnam. I would advise against trying to wring every penny out of the transaction. Based on my personal experience with Whitewave, the juice is not worth the squeeze.
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Agree with kev. If  stock gets close to the asking price, I generally sell and move on. It doesn't generally trade at the asking price right away because there is the possibility that it doesn't get done and/or take a long while. If you look at QCOM now, it has only moved to $63/65 after receiving a $70 offer from Broadcom.  

 In the case of Whitewave that kev mentioned, I sold that the 1st day it was announced at 20 cents over the offer. The acquiree's stock can rise above the offer if people bet that a competitive bid could come, so that could be something else you could evaluate. Whitewave was a strategic deal negotiated with Danone that I felt meant they would not be entertaining other offers, so I grabbed it. On the other side, QCOM bid $110 for NXPI maybe a year ago and, after initially rising after the bid to only $90something, it is now trading around $116.
It also varies how deals are done. Could be stock for cash, where the money would be deposited in your account after closing or could even be a mix, for example 1/2 share Hasbro + $10 cash for every Mattel share (I made those terms up. I don't see specifics). 

 
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Mystery Achiever said:
Agree with kev. If  stock gets close to the asking price, I generally sell and move on. It doesn't generally trade at the asking price right away because there is the possibility that it doesn't get done and/or take a long while. If you look at QCOM now, it has only moved to $63/65 after receiving a $70 offer from Broadcom.  

 In the case of Whitewave that kev mentioned, I sold that the 1st day it was announced at 20 cents over the offer. The acquiree's stock can rise above the offer if people bet that a competitive bid could come, so that could be something else you could evaluate. Whitewave was a strategic deal negotiated with Danone that I felt meant they would not be entertaining other offers, so I grabbed it. On the other side, QCOM bid $110 for NXPI maybe a year ago and, after initially rising after the bid to only $90something, it is now trading around $116.
It also varies how deals are done. Could be stock for cash, where the money would be deposited in your account after closing or could even be a mix, for example 1/2 share Hasbro + $10 cash for every Mattel share (I made those terms up. I don't see specifics). 
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:goodposting:

Also, Roku setting up to be  a monster short IMO.

 
I saw the first pop post earnings but didn't see today until now. Jesus. Don't get it either, but must be missing something. These guys are in the same space with a physical dongle like thing for streaming content as a few companies named Amazon, Google, and Apple, and they're up 136% over 2.5 trading days?

 
And OPK is down another 10%, don't know if I should just throw in the towel and take my lumps. It's in my Roth, so I can't even write off the loss. :rant:

 
Just annoying that when everything is selling, the highest quality and best balance sheet company is selling the hardest. People are reading way too much into this Foxconn report. 

If it falls more, I'm ready to buy more. 500 at $165 and other 500 at $157.5.

 
Apple filled the gap from earnings and reversed VERY HARD - $2 move in 45 minutes... Pretty clear there were buyers waiting.  

Peak to trough on that move was 4.5% in 5 days... Not saying the selling is over bc it could def continue.

If it closes green today, forget about it, easily going to retest the highs of $176.24, but I think a green close today for Apple is unlikely - longest losing streak since April if it closes red, 5 days in a row.

 
St. Louis Bob said:
Sure seems like the market is moving towards a slow correction.
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The only thing that keeps me skeptical of this is; I think Q4 is going to be another very strong quarter for earnings... If tax reform is passed, coupled with earnings, I'm not seeing it yet. 

I think my posts point to me being more of a bear than a bull, but the backdrop right now is still pretty strong:

- low unemployment

- strong earnings

- strong rebounding global economy

- fairly valued dollar

I'm onboard for a Santa rally and a strong Q4. Kinda feels like they are trying to shake weak hands right now before it happens and I won't be shaken. We're in the late innings (possibly the last inning) of a massive rally... All of my reading and research has brought me to one conclusion - the end of a bull rally usually finishes with a massive melt-up... Feels like it is happening now, but it still has wheels.

Just my :2cents:

 
Here's a provision in the senate tax package to keep an eye on because it should affect many here if it sticks: The provision forces you to use FIFO to determine basis when you sell. So, if you buy a stock as it rises and want to lighten up, you are forced to sell the cheapest shares, maximizing your tax liability. And if you wanted to lighten up on a stock you bought as it declined, you could be forced to take a loss and deal with wash sale rules.

 
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Mystery Achiever said:
Agree with kev. If  stock gets close to the asking price, I generally sell and move on. It doesn't generally trade at the asking price right away because there is the possibility that it doesn't get done and/or take a long while. If you look at QCOM now, it has only moved to $63/65 after receiving a $70 offer from Broadcom.  

 In the case of Whitewave that kev mentioned, I sold that the 1st day it was announced at 20 cents over the offer. The acquiree's stock can rise above the offer if people bet that a competitive bid could come, so that could be something else you could evaluate. Whitewave was a strategic deal negotiated with Danone that I felt meant they would not be entertaining other offers, so I grabbed it. On the other side, QCOM bid $110 for NXPI maybe a year ago and, after initially rising after the bid to only $90something, it is now trading around $116.
It also varies how deals are done. Could be stock for cash, where the money would be deposited in your account after closing or could even be a mix, for example 1/2 share Hasbro + $10 cash for every Mattel share (I made those terms up. I don't see specifics). 
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Thanks everyone. I sold today at $18.50 for about a 40% gain in a couple weeks. One of my best (i.e. lucky) moves ever.

 
pecorino said:
Might be a good day to buy into a British company that is getting pounded. I'm looking at Diageo (they sell Guinness among other alcoholic beverages. Ticker is DEO.) 68 Billion dollar company that can bought at 5% off this morning, if not even lower. Their P/E before the open is 19.7 and they pay a modest dividend. I'll probably use what cash I have to buy some today.
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Had to go chase down the original one who brought this to my attention post-Brexit. Thanks!

Been a very solid winner and back near it's high. Still holding? 

 
RUSF18 said:
Hey FC, you gonna stay up late for the 8pm west coast reveal of the TSLA Semi?
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:lol:

I'm too invested into Apple right now to give much attention to Tesla. I almost picked up another 500 shares yesterday. I think it is > $200 at some point in the next 12 months and should we have a correction, not many other places I'd feel more comfortable holding paper losses. 

Market just loves to forgive Tesla - Might buy some dated puts into 2018 for like $250 area if it keeps going up. 

 
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Picked up an extra 500 shares of AAPL at $171.6, selling EOD - this market doesn't need a reason to rally, but today it has one. I'll close the extra 500 lot EOD regardless, but we'll see if Apple gets a boost to close the day. 

With the amount of money they have overseas, I can see some healthy buying to finish the day for them.

 
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fantasycurse42 said:
Picked up an extra 500 shares of AAPL at $171.6, selling EOD - this market doesn't need a reason to rally, but today it has one. I'll close the extra 500 lot EOD regardless, but we'll see if Apple gets a boost to close the day. 

With the amount of money they have overseas, I can see some healthy buying to finish the day for them.
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$40 loss :kicksrock:

Didn't pan out.

 
RUSF18 said:
Had to go chase down the original one who brought this to my attention post-Brexit. Thanks!

Been a very solid winner and back near it's high. Still holding? 
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Glad it worked out for you. I bought and sold DEO at least three times since the Brexit vote but certainly would have done better by holding. I last owned it at about $115, twenty percent lower than it is now.

 
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