This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Yes, yes. We all wish we were lucky enough to hold Cappy's meat.Thought long and hard about buying it the same day you posted, seemed poised for a run to $200 prior to earnings next week. It's blown past that and more in very short order.
####### finally. Been long on GOOG forever since it's never been good enough to take the gains nor bad enough to pull the plug.
Kudos to locking in profits.Beyond Meat revealed that it plans to sell more shares in a secondary offering. The company plans to sell an additional 3.25 million shares, with 3 million coming from selling stockholders and 250,000 shares from the company. After that announcement hit, the stock plunged to a loss of more than 10%.
I’d agree. Growth stocks have gone crazy lately. Not to say that I’m a few years some of them won’t be great buys at today’s prices but the price to sales are so high on some that it’s kind of like Uber. When your stock is valued so high, you kind of have to be perfect to justify the current valuations. Heck, even Uber could be out of business in 10 years. What if Tesla or Google or Apple or many others perfect self driving and someone creates a simple app where any self driving car owner just puts their car on that app and they only take a small percent. Either has to buy a massive fleet or cut their margins, etc. Beyond has competition already and is the barrier to entry for food companies with big distribution networks really that high? I’ve been around a long time and the first movers aren’t always the winners. Google wasn’t even close the first search engine.
I think I am debating between Fidelity and Charles Schwab. I need to open an IRA, but also want to be able to trade stocks etc.
I have my IRAs through TD Ameritrade. They provide research from Credit Suisse, CFRA, The Street, and New Constructs, plus some technical/quant ones like Ford Research and Market Edge. I run my girlfriend's at Merrill Edge - they have their own, Morningstar, and CFRA. Trades are 6.95 at both, research at TD is better. I know Schwab saves you a couple of bucks on trades. Heard good things about Fidelity, too but looking at all of the options, just for research, I like TD. Credit Suisse, in particular, does a good job giving their targets plus grey sky and blue sky scenarios.
I have Credit Suisse with my Schwab account. Also CFRA, Morningstar, Argus, and a couple of others.
I probably should have looked into those too but went with Vanguard from lurking in bogleheads.org for years.
I'm at Fidelity, mostly because I liked the web interface. They're all pretty darn good - I'd feel comfortable being at any of the three.
Surprised? Their move and the market response was pretty much what I expected. They had to follow the bond market; they really didn't have much choice. I'm very glad they stopped at a quarter. We're still at levels well above the rest of the world and the economy is green. Until that changes I'm not too worried.
No doubt. It does poorly in a rising rate environment (the 70s backtest bad). Otherwise it's pretty good in a falling or neutral environment. I don't see rates rising appreciably, so feel ok.
Cnbc had some graphic about back to back cuts result in a bear market like 90% of the time or something stupid high like that which shocked me.
