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Man, did everyone sell all their stock because of the election coming up? Pretty sure I’m at an ATH today, been a nice run the past 2.5 weeks, maybe 10-12% up.

 
Man, did everyone sell all their stock because of the election coming up? Pretty sure I’m at an ATH today, been a nice run the past 2.5 weeks, maybe 10-12% up.
Still here.  Watching the quality stocks run run.  Picking at C and TSN on the dips.  Still chasing oil and day trading INN.

 
Man, did everyone sell all their stock because of the election coming up? Pretty sure I’m at an ATH today, been a nice run the past 2.5 weeks, maybe 10-12% up.
Thinking about what I want to do wrt this. I'm not worried about Trump winning. I'm not worried about Biden winning. A contested election concerns me. The market something something uncertainty.

 
Man, did everyone sell all their stock because of the election coming up? Pretty sure I’m at an ATH today, been a nice run the past 2.5 weeks, maybe 10-12% up.
I'm still down a good bit from the highs before the big pullback.  But I bought more of most things on the dip even if not quite at the bottom.  I'm heavy in a lot slower moving stocks right now (AAPL, AMZN, etc) so slower grind back.

 
Thinking about what I want to do wrt this. I'm not worried about Trump winning. I'm not worried about Biden winning. A contested election concerns me. The market something something uncertainty.
I considered this, but I believe it was Josh Brown (who I like a lot) who said that trying to predict how the election will affect the market is one of the lowest percentage plays you can make.

 
Thinking about what I want to do wrt this. I'm not worried about Trump winning. I'm not worried about Biden winning. A contested election concerns me. The market something something uncertainty.
Yeah, I’m pretty sure someone posted an article that it really didn’t matter a month or two ago. Apple isn’t selling less iPhones and Amazon’s not delivering less packages or making less Prime shows depending on who’s elected.

I was just trying to stir up some discussion. My boy @SharkNZima heard the bat signal. Just seems like there’s been a lot less posts in here the past few weeks. I was honestly wondering if people were moving to the sidelines. That other stock not to be named thread is down to like 3-4 people. Might be sapping the energy here.

 
HGEN just drops for no reason and can never sustain any momentum.   Similar to CYDY but without any reason.  At least we know with CYDY that when NP speaks, the price will drop.  HGEN we just wonder what is going on behind the scenes and have to trust the invisible force.

Jury is out on which approach is better but edge to CYDY since we can see it coming.   I prefer hurricanes to earthquakes.

 
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HGEN just drops for no reason and can never sustain any momentum.   Similar to CYDY but without any reason.  At least we know with CYDY that when NP speaks, the price will drop.  HGEN we just wonder what is going on behind the scenes and have to trust the invisible force.

Jury is out on which approach is better but edge to CYDY since we can see it coming.   I prefer hurricanes to earthquakes.
I’ve been tempted to buy a little just to make sure I didn’t miss out while the negative nancies make a bunch. That said, I’m kind of down on both at this point. It would be nice if the FDA got to approve a therapeutic at some point so people stop dying and we can get back to normal.

 
Man, did everyone sell all their stock because of the election coming up? Pretty sure I’m at an ATH today, been a nice run the past 2.5 weeks, maybe 10-12% up.
Haven't been doing much. Adding to some positions, a little trading but my core positions are coming into form. Still have room for two new long-term positions but not in a hurry. Keeping a decent amount of cash most of the time because I still don't totally trust this.

 
Haven't been doing much. Adding to some positions, a little trading but my core positions are coming into form. Still have room for two new long-term positions but not in a hurry. Keeping a decent amount of cash most of the time because I still don't totally trust this.
Makes sense. My cash % has dropped. That said, it’s still a large amount dollar wise. If there was another big dip, I could add 10-12 full positions (based on normal buys). It dropped because bought a bunch of SPACs that hadn’t merged yet so they are sort of cash right now. All in my IRA anyway so any pops could be sold with no tax implications. Not that I want my portfolio to drop at all, but I wouldn’t mind a drop in some stocks I’d like to take a position in that I should have done in early June.

Still holding my NNOX. I’ve been tempted to lower my cost basis but it’s a risky stock so either it will jump at some point or not. Comfortable with the shares I have.

 
My cash has dropped over the past few weeks.  Pulled $15k for some concrete work too.  Trying to talk my wife into waiting on building until next year (lumber costs high, and I don't want to take more cash out).  And she should wait for her stupid oil stock purchases to rebound.  ;)

 
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Still holding my NNOX. I’ve been tempted to lower my cost basis but it’s a risky stock so either it will jump at some point or not. Comfortable with the shares I have.
Internet people think October 5th, give or take, might be a catalyst day for them. Supposedly that's when the FDA typically releases 510(k) results from prior month submissions. I have zero clue if that's true or not. I'm pulling for them both selfishly and if it works, could really make a difference.

 
My cash has dropped over the past few weeks.  Pulled $15k for some concrete work too.  Trying to talk my wife into waiting on building until next year (lumber costs high, and I don't want to take more cash out).  And she should wait for her stupid oil stock purchases to rebound.  ;)
Once I hit October 16th, I’ve got a ton more flexibility. That’s when a few of my taxable account stocks hit long term capital gains. I’d love to just let them continue to roll if things keep going well and not pay taxes until retired (not likely but under $80k in income It’s 0% tax), but I’m looking forward to getting past that. It’s like a 20-25% extra tax difference and almost $80k in gains. That’s a year of college to the IRS, no thanks.

 
Well this was timely.
Lol. Hot damn! Should have bought more when it dipped to $22. I think @McBokonon was saying that he’s waiting to buy more when they get FDA approval. Even with that after hours pop, it’s still way close to the IPO price than the peak.

ETA: I really hope my luck continues past 2020. Been an awesome year investing! A bunch due to some smart people in here.

 
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Lol. Hot damn! Should have bought more when it dipped to $22. I think @McBokonon was saying that he’s waiting to buy more when they get FDA approval. Even with that after hours pop, it’s still way close to the IPO price than the peak.

ETA: I really hope my luck continues past 2020. Been an awesome year investing! A bunch due to some smart people in here.
I sold my NNOX at $29 for a small profit recently as I was sure I could get back in lower (bought around $28).  Chart was showing lower highs and lower lows.  Was looking like a pretty good call and was hoping it would settle down in the low 20's to buy back.  Looks like I waited too long.  :kicksrock:

 
I sold my NNOX at $29 for a small profit recently as I was sure I could get back in lower (bought around $28).  Chart was showing lower highs and lower lows.  Was looking like a pretty good call and was hoping it would settle down in the low 20's to buy back.  Looks like I waited too long.  :kicksrock:
It’s not far off your sell price. I’m not up much, bought around the same price, but it’s nice to be up. That said, this is one of those hoping for a moonshot type stocks so getting in at 25 or 30 isn’t going to change much if you’re holding for the big pops. 

 
stbugs said:
Once I hit October 16th, I’ve got a ton more flexibility. That’s when a few of my taxable account stocks hit long term capital gains. I’d love to just let them continue to roll if things keep going well and not pay taxes until retired (not likely but under $80k in income It’s 0% tax), but I’m looking forward to getting past that. It’s like a 20-25% extra tax difference and almost $80k in gains. That’s a year of college to the IRS, no thanks.
You may want to sell and pay the cap gains before they raise that next year. Of course cap gains could go down a decade from now

 
You may want to sell and pay the cap gains before they raise that next year. Of course cap gains could go down a decade from now
Couldn’t he just wait a few days after selling and buy back the ones he believes in for the long term? I’ve read a few things that dispel the fear of a crash due to capital gains taxes increase fears in the past because that’s what large money managers have actually done. There’s been no real prolonged downturn from CG tax raises because they hop right back in.

I also don’t think any CG increase is going to nail retail investors too badly despite fears that a Dem majority is going to be this cash-grabbing Castro/Chavez Marx Monster. I’m a flaming liberal who actively works to get Democrats elected and I’m the biggest Capitalist pig I know. 

 
McBokonon said:
Holy ####. I just cleaned the kitchen, took a work call, saw I had notifications and came here :lmao:

That's awesome. They could have just done a Proactive video but I suppose this will do.
Thanks guys. This place is money

 
You may want to sell and pay the cap gains before they raise that next year. Of course cap gains could go down a decade from now
Definitely have to watch that. Thanks for the FYI. That said, if I made $1M a year or more then I wouldn’t care much about the extra $20k in taxes. We’ll see how the election goes and then see his plan. We’re under $400k so maybe it won’t be horrific!

 
Are you in NNOX? Awesome. Hang on for dear life.  :hifive:
Yeah. Only .4% position but it all adds up.  I think I had more last week but have been day trading it. Really liked that article last week. Much like SE, I’ll continue to add on any dips as it goes up

 
Yeah. Only .4% position but it all adds up.  I think I had more last week but have been day trading it. Really liked that article last week. Much like SE, I’ll continue to add on any dips as it goes up
I’ve only got 200 shares, didn’t feel good about buying more until now but of course now is higher. I might let this news settle and add a little more. Don’t know why I never bought SE. Probably because you can’t own everything!

 
I’ve only got 200 shares, didn’t feel good about buying more until now but of course now is higher. I might let this news settle and add a little more. Don’t know why I never bought SE. Probably because you can’t own everything!
That’s gonna be a nice $1200 gain. I’m sitting at about 10% of that. I probably have too many stocks but I have zero index or mutual fund exposure outside of FAS and a couple like it.   I just can’t get back into another cydy situation where one stock was dictating my red and Green Day’s.  That could easily happen with a stock like nnox if it became 15% of my portfolio. 

 
I'm not so much concerned about a pull back before the election as a dip after nobody gets elected.  It's going to be a few volatile weeks when they can't figure out who wins.

 
That’s gonna be a nice $1200 gain. I’m sitting at about 10% of that. I probably have too many stocks but I have zero index or mutual fund exposure outside of FAS and a couple like it.   I just can’t get back into another cydy situation where one stock was dictating my red and Green Day’s.  That could easily happen with a stock like nnox if it became 15% of my portfolio. 
It's a nice gain, looks like it'll buffer some of the losses based on the futures. TWLO looking solid too and I have a lot more of that. NNOX isn't a big part of my portfolio like CYDY was (100% out of that). It's like a half share and I'm not doing a big speculative investment again. It's part of my really risky side, but man, if they do prove out the tech it sure seems like it's got big time potential in a few years.

I've got 52 stocks, although a bunch that I've added recently (lots of quarter share buys) are less in total than each of my larger holdings. I went with your thought about dumping some cash into SPACs since many of them are just barely above that $10 redemption price. Not much downside before they potentially merge.

 
Do we think Trump being positive for  COVID caused a big red day?  Are people looking to buy? Selling out of certain sectors and possibly buying back end of day or sometime next week?  Dumping everything and running for the hills?

Id like to act on this news but unsure what action to take!

 
Do we think Trump being positive for  COVID caused a big red day?  Are people looking to buy? Selling out of certain sectors and possibly buying back end of day or sometime next week?  Dumping everything and running for the hills?

Id like to act on this news but unsure what action to take!
Then it is usually best not to act. 

 
Well, I got shares in ASO and IMNM. Not a good sign that I got all the shares I asked for since PTVE is still down a bit. Let’s see how it goes. I just want to break even before I sell hoping that me participating in more IPOs might actually get me a freebie here and there on good IPOs. That said, I wasn’t expecting much on LSF and it’s done well. I actually liked LSF since it’s in a sector I like going forward (healthy foods).

Here’s to a little pop to offset the red I’m seeing everywhere besides TWLO and NNOX.

ETA: Didn’t get any Oncorus, no idea what the symbol is.

 
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I hear you.  I felt the same way almost every day back in February and early March when I’d constantly say I should have sold yesterday.  Hoping this isn’t a repeat.
It shouldn’t be. If something bad happens, there will be a temporary drop for sure, but it will be temporary. The thing is that even though the market is back to where it was, that’s more to do with the juggernauts leading the market (FAANG and others) reporting great earnings all year. The stocks that got whacked hardest are still down quite a bit so it’s not quite the same as February when everything was high including stocks that were going to get hit hard by CV.

Someone posted a great article about how the election really doesn’t impact things as much as people think. Apple’s new iPhones are still the same regardless of who’s in office.

 
Ugh looks really red for Apple this morning 
It does, as does AMZN but still up 4-5% over last Friday so not a big deal. There’s a few stocks I’d like to get into at some point, so I’ll watch those.

Hopefully, all the red will pull people into the IPOs I got! ;)  I seem to remember LSF doing really well on an overall down day.

 
Case study on HGEN creating a little pop. It’s lower than Wednesday’s close so just making up for yesterday’s big drop. It’s from a patient a a few months ago, so similar to some of the early anectdotes of the other company just a bit more formal. CYDY used to run opposite the market like that. Up on down days.

 
It was down at $22 to start but jumped back. I got my cost down to $20.89 when I bought some more in the $18s last week. 
That value shopping didn't last long.  Both down double digit %.  I had a buy limit set on DPHCU at $25 that didn't hit.  

 
That value shopping didn't last long.  Both down double digit %.  I had a buy limit set on DPHCU at $25 that didn't hit.  
It was fast. I saw 10% down and then clicked on it and it was already back over $23. Not sure I want more. It’s still risky and I started with 100 and added 100 at high $18s.

 

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