Stock Thread (21 Viewers)

[Sputnikv8]

AMD is a rocketship.  Back to all time highs we go!

 

[stbugs]

I’ve got some shares of AMZN ready to sell. A little nervous about tonight. After a nice few days, wouldn’t take much to drop 4-5% the way this markets been over the past 6 months. I still have a lot more so very tempted at $1700+ to take some off the table. Thought about it on Friday and it’s basically back to where it was on Friday. 

 

[fantasycurse42]

I swear, I'll never understand Tesla. 

CFO leaving is almost always a sign to sell. Nobody knows a company better than the CFO. I sold before the news announced and thought to myself, man I'm lucky. Still right where it was when I sold. 

Funny quote I read about Tesla on one of these financial sites; they could file for bankruptcy and still be a $30B company. 

 

[fantasycurse42]

top end of their guidance, 72b, YoY 20% growth. 

$6.04 per share.

 

[St. Louis Bob]

AMAZON!!!!

 

[fantasycurse42]

1st quarter guides for 10-18% YoY growth.

 

[humpback]

Just went slightly negative AH.

 

[Capella]

AMAZON!!!!

 

[humpback]

Mixed bag today:

AMD, FB better than expected

AAPL right around where they said they would be, it wasn't good, but they've already been taken to the woodshed

MSFT, TSLA (still holding  it dropped to $279.31 a week ago, I was getting ready to sell, but it bounced very fast, luckily), T all missed

This has been and will continue to be the theme IMO. Feels like they're trying to squeeze blood out of a stone, but it's hard to see a super bullish path ahead with rates and the balance sheet being where they are. If things become better than a mixed bag, the Fed will likely resume tightening.

 

[Aaron Rudnicki]

strong report was already baked in to the price runup of late I assume

 

[Capella]

strong report was already baked in to the price runup of late I assume

Yup like 8% since yesterday no?

 

[Buckna]

strong report was already baked in to the price runup of late I assume

It was up AH at first but then they guided down on 1st quarter sales projections.

 

[stbugs]

Yup like 8% since yesterday no?

Yep. I should have sold midday. I knew even if they did well it wouldn’t pop again since it popped a few times. If it sticks at 1700, I’ll sell the shares I can. Going to be a long time till we see the 2k again.

 

[St. Louis Bob]

AMAZON!!!!

Wait!!!

 

[St. Louis Bob]

strong report was already baked in to the price runup of late I assume

Yep.  Weird how Trump decided to have a presser announcing nothing right as they were reported though.  I'm sure it was a coincidence and nothing to do with his hatred for Bezos.

ETA

LOL Just thought it was funny.  Not trying to bring politics in here unless for a good reason.

 

[St. Louis Bob]

AMAZON!!!!

Wait!!!

Amazon!!!!

 

[St. Louis Bob]

AMAZON!!!!

Wait!!!

Amazon!!!!

wait, Wait!, WAIT!!!!!

 

[Capella]

Amazon!!!!

Please stop this 

 

[St. Louis Bob]

Please stop this 

   No.

 

[Bossman]

No worries @Capella , the schizo market is keeping AMZN down.

Company is still killing it. Economy is still as strong as ever.

As soon as these Wall Street nervous nellies get out of the way, AMZN is going to run like the wind.

 

[Capella]

No worries @Capella , the schizo market is keeping AMZN down.

Company is still killing it. Economy is still as strong as ever.

As soon as these Wall Street nervous nellies get out of the way, AMZN is going to run like the wind.

I’m actually buying more in about a month so I’m fine with it.  

 

[Aaron Rudnicki]

what % of your portfolio does your biggest single holding represent?

 

[Sand]

what % of your portfolio does your biggest single holding represent?

CVX - 6% or so. 

 

[culdeus]

what % of your portfolio does your biggest single holding represent?

Misleading question. 

I mean if you hold a bunch of schxxxx you have a #### ton of faang as it is. 

At some point I topped like 11% fang not holding a single share of them on the side. 

I mean mine is like 65% #etf

 

[Don't Noonan]

CVX - 6% or so. 

good day today.

 

[Aaron Rudnicki]

Misleading question. 

I mean if you hold a bunch of schxxxx you have a #### ton of faang as it is. 

At some point I topped like 11% fang not holding a single share of them on the side. 

I mean mine is like 65% #etf

yeah, I know that index funds make it tough to calculate.

just trying to figure out if 10+% in a single stock like AMZN (plus more from index funds) is too much.

 

[Sand]

good day today.

These companies are in a channel.  If it keeps popping I'll trim some and then buy back sub 110.  If it keeps going up at least I'm deleveraging off of oil.

 

[Sand]

yeah, I know that index funds make it tough to calculate.

just trying to figure out if 10+% in a single stock like AMZN (plus more from index funds) is too much.

Probably - concentration risk is real.  And you expose yourself to a pretty high beta stock, which gives many folks heartburn.

At least it's not AMD, though.   

 

[kevzilla]

The old man is 82, and roughly 12% of his portfolio is one stock. But it isn't some high flyer, it's American Electric Power, and he sleeps like a rock. Related: he sold a third of his position several months ago. Also also related: he's 45% in cash.

 

[Mario Kart]

You guys are making me nervous. I have two Vanguard funds that are about 35% each of my portfolio. My other two stocks make up the remaining 30%. One is like 17% and the other 13%. 

 

[cosjobs]

Please stop this 

Tell Bezos

 

[St. Louis Bob]

Google, wait. 

 

[fantasycurse42]

Google, wait. 

Revenue slight beat, EPS crushed it.

Need to take a deeper dive than the headline though bc it is down.

 

[fantasycurse42]

Biggest concern I could see in there is the operating margin dropped from 24% to 21%

 

[Bob Sacamano]

Pretty sure it's all over for Google.  Sell it all before it's worthless.

 

[Don't Noonan]

Pretty sure it's all over for Google.  Sell it all before it's worthless.

Yep, I dumped all my shares of Google and invested in a new company called Alphabet.  Best decision I have ever made.

 

[Bob Sacamano]

Nobody likes a smartass

 

[-OZ-]

Still holding, yes, looks like a bad trade though.  News cycle for them got worse yesterday. Going to get stopped out today, but that was my plan and I’m sticking with it.

See downside to $250, if it gets around there, think that’ll make for a better trade, but wtf do I know about this stock, nobody has misread this ticker as bad as me, prob a stupid move trading it.

I swear, I'll never understand Tesla. 

CFO leaving is almost always a sign to sell. Nobody knows a company better than the CFO. I sold before the news announced and thought to myself, man I'm lucky. Still right where it was when I sold. 

Funny quote I read about Tesla on one of these financial sites; they could file for bankruptcy and still be a $30B company. 

 I'm up a whopping 3%

Should have just kept Discover, up 12% in the last couple weeks. 

MJ is killing it. Sadly I just got in last week, 9% gain. I'll take it for one week but for the month it's up 38%

 

[skycriesmary]

Anybody dipping their toes into Spotify? Numbers and growth look great, albeit they just barely missed expectations so stock is down 5%+.

 

[-OZ-]

 I'm up a whopping 3%

Should have just kept Discover, up 12% in the last couple weeks. 

MJ is killing it. Sadly I just got in last week, 9% gain. I'll take it for one week but for the month it's up 38%

Sold Tesla at $323, not a bad 6% quick turn. 

MJ sank today but that just meant buying 10x the quantity I had, at $34.77, back up a smidge (13 whole cents right now) 

Up 8% on the month for the fun money. 

 

[-OZ-]

Anybody dipping their toes into Spotify? Numbers and growth look great, albeit they just barely missed expectations so stock is down 5%+.

Literally 2 shares.  Had some money left in the account, free trade so why not.

 

[fantasycurse42]

Sold Tesla at $323, not a bad 6% quick turn. 

MJ sank today but that just meant buying 10x the quantity I had, at $34.77, back up a smidge (13 whole cents right now) 

Up 8% on the month for the fun money. 

I'm shocked it's holding up here with their most important person outside of Elon leaving. 

These bulls are fighting tooth and nail to get this thing over $359.87 by March 1st. I should've left my trade on, Tesla bulls don't care about anything, they could win this battle.

On top of that, they've dropped prices on all models in the last few weeks, and the federal tax credit is now $3,750 instead of $7k - if this was any other company that had to deal with reality, they'd be down 15-20%. 

 

[NajehHejan]

Anyone into the penny stocks - I just got into VYST - took a small position of 50,000 @ .05 - the stock literally proceeded to plummet to .042 - but it's making its way back up.

Long story short - the typical penny drill - once in a lifetime opportunity - a real company, with real sales, gonna buy back 250MM shares. will eventually uplist to the Nasdaq, etc. I jumped in because my research shows a slim chance it's actually not a scam. The owner has been written up in the Worchester Business Journal a few times last year (he made their Fortune 50 list) - that doesn't mean this still isn't an absolute scam, but I had some play money, so figured what the heck.

Anyone from New England area may know of Rotman's Furniture - same guy allegedly.

I rode my last penny pick SHMP from .05 to .27 and am hoping for something similar here as well.

 

[Sand]

Anyone into the penny stocks - I just got into VYST - took a small position of 50,000 @ .05 - the stock literally proceeded to plummet to .042 - but it's making its way back up.

Yep - familiar with that one.  Pretty sure the company is an empty warehouse in Hoboken.  

 

[culdeus]

Anyone into the penny stocks - I just got into VYST - took a small position of 50,000 @ .05 - the stock literally proceeded to plummet to .042 - but it's making its way back up.

Long story short - the typical penny drill - once in a lifetime opportunity - a real company, with real sales, gonna buy back 250MM shares. will eventually uplist to the Nasdaq, etc. I jumped in because my research shows a slim chance it's actually not a scam. The owner has been written up in the Worchester Business Journal a few times last year (he made their Fortune 50 list) - that doesn't mean this still isn't an absolute scam, but I had some play money, so figured what the heck.

Anyone from New England area may know of Rotman's Furniture - same guy allegedly.

I rode my last penny pick SHMP from .05 to .27 and am hoping for something similar here as well.

I lol when I google this and find out that the director had to report his stock purchse of 1.5Million shares, or roughly $28k.  

https://www.fairfieldcurrent.com/news/2019/02/05/insider-buying-vystar-corp-vyst-director-purchases-1439381-shares-of-stock.html

Hope he didn't have to go on margin for that much.

 

[pecorino]

Chipotle just jumped after hours. Time to look at buying some puts on Thursday. 

 

[eoMMan]

Anyone into the penny stocks - I just got into VYST - took a small position of 50,000 @ .05 - the stock literally proceeded to plummet to .042 - but it's making its way back up.

Long story short - the typical penny drill - once in a lifetime opportunity - a real company, with real sales, gonna buy back 250MM shares. will eventually uplist to the Nasdaq, etc. I jumped in because my research shows a slim chance it's actually not a scam. The owner has been written up in the Worchester Business Journal a few times last year (he made their Fortune 50 list) - that doesn't mean this still isn't an absolute scam, but I had some play money, so figured what the heck.

Anyone from New England area may know of Rotman's Furniture - same guy allegedly.

I rode my last penny pick SHMP from .05 to .27 and am hoping for something similar here as well.

Nice little 13% pop today....

 

[humpback]

It doesn't look like much progress is happening on the trade war front so the market is selling off. Soon I expect we'll get a counter "report" from someone in the administration. Rinse, repeat...

 

[cosjobs]

Its the ridiculous partisan investigations

 

[GoBirds]

It doesn't look like much progress is happening on the trade war front so the market is selling off. Soon I expect we'll get a counter "report" from someone in the administration. Rinse, repeat...

March 1 the deadline before tariffs increase? Been quite a run up before this "selloff". Was hoping to find some value start of year but not seeing it.