Stock Thread

[BroncoFreak_2K3 2,590]

8 minutes ago, Jobber said:

I side with Musk in thinking shorting should be illegal. If you don’t like a stick, buy something else. Instead, as it is today, you buy short and start spreading misinformation and outright lies in an attempt to drive down a stock. 
 

Kinda par for the course with OTC stocks. 
Oh well. Stay Long!!

[General Malaise 27,243]

2 minutes ago, Jobber said:

I side with Musk in thinking shorting should be illegal. If you don’t like a stick, buy something else. Instead, as it is today, you buy short and start spreading misinformation and outright lies in an attempt to drive down a stock. 
 

Hold up....

I agree that there are disreputable people on both sides of the investment spectrum and that this "Culpepper Research" is beyond shady (there is literally nothing out there about them other than their suspect website) but making short selling illegal is a ridiculous and even dangerous idea.  It is THE riskiest way to try and turn a profit (not to mention expensive as the negative rebates can eat you alive) and very few can do it successfully over time (and the number of dedicated shorts has dwindled in this melt up).  That said, short sellers play an integral roll in markets, specifically when it comes to spotting frauds, cooked books and potential bubbles.  They can keep markets honest.  Shorts called the Enron fiasco, the tech bubble and most importantly the housing bubble and its toxic assets.  Don't forget that; that is critical to our history and the people screaming about it were right and should be treated accordingly.  

Pump and dump is akin to these shady short shops doing their thing, but to call for an outright ban on short selling is irresponsible and reeks of whining. 

[McBokonon 3,312]

11 minutes ago, Jayrok said:

General question but what normally happens to casual investors who have shares of a company that is bought out?  I only have a couple thousand shares in CYDY but I see some here have quite a lot.  If the company is bought by a big biotech company, like Gilead for instance, what typically happens to the shares of investors?  TIA

Depends on the terms of the deal,  but you usually wind up with the buying company's stock. So, if GILD agreed to pay 2.00 per share for CYDY, you'd get whatever that calculates to in GILD shares unless you sell. 

[General Malaise 27,243]

12 minutes ago, McBokonon said:

Depends on the terms of the deal,  but you usually wind up with the buying company's stock. So, if GILD agreed to pay 2.00 per share for CYDY, you'd get whatever that calculates to in GILD shares unless you sell. 

You can also get cash and shares too.  Lotta different outcomes.

[culdeus 7,433]

1 hour ago, Jobber said:

I side with Musk in thinking shorting should be illegal. If you don’t like a stick, buy something else. Instead, as it is today, you buy short and start spreading misinformation and outright lies in an attempt to drive down a stock. 
 

Because going long on a stock prevents you from talking it up?

[General Malaise 27,243]

Musk should concentrate more on the fundamentals of running a profitable company and less on the people betting against his bloated balance sheet.  

[GoBirds 10,217]

On 2/7/2020 at 5:22 PM, [icon] said:

It was a run 😢

So this is what it feels like to light a couple grand on 🔥? 

[Bob Sacamano 9,768]

3 hours ago, GoBirds said:

So this is what it feels like to light a couple grand on 🔥? 

You must not have kids

[Capella 30,513]

So this is a looooong way off and we’ll have more info as the date gets closer, but what are you all planning to do with your money around the election? I’m thinking of putting it on the sideline until it’s over if it seems likely a D wins. I imagine a trump wins sends it soaring however. 
 

Nothing imminent just something I’ve been thinking about.  

[culdeus 7,433]

31 minutes ago, Capella said:

So this is a looooong way off and we’ll have more info as the date gets closer, but what are you all planning to do with your money around the election? I’m thinking of putting it on the sideline until it’s over if it seems likely a D wins. I imagine a trump wins sends it soaring however. 
 

Nothing imminent just something I’ve been thinking about.  

Pretty sure market has priced in his easy victory.   The candidates on the other side suck and people think things are fine.  

[Capella 30,513]

21 minutes ago, culdeus said:

Pretty sure market has priced in his easy victory.   The candidates on the other side suck and people think things are fine.  

Lol I don’t think we are anywhere near the market pricing in a victory. 

[culdeus 7,433]

2 hours ago, Capella said:

Lol I don’t think we are anywhere near the market pricing in a victory. 

There is always the explanation that no matter who runs the country things work as they would have worked regardless.   

[Sputnikv8 494]

5 hours ago, culdeus said:

There is always the explanation that no matter who runs the country things work as they would have worked regardless.   

Lol.   Love the avatar change Culdy.  Perfect!

[Sputnikv8 494]

Cydy... wait!

[djmich 1,013]

6 minutes ago, Sputnikv8 said:

Cydy... wait!

oof

[[icon] 9,826]

1 hour ago, Sputnikv8 said:

Cydy... wait!

Everything fine stonks. HODL!

Edited February 10, 2020 by [icon]

[The General 24,575]

CYDY putting a hurting on me.

[Capella 30,513]

Amazon over 2100 lets goooooooooooooo

Edited February 10, 2020 by Capella

[Capella 30,513]

2 minutes ago, The General said:

CYDY putting a hurting on me.

Whoa just looked at that. Yikes. 

[Aaron Rudnicki 9,024]

CYDY making a comeback

[Bob Sacamano 9,768]

Don't call it that.

[dkp993 6,999]

7 minutes ago, Bob Sacamano said:

Don't call it that.

Has it been here for years?

[dkp993 6,999]

CYDY today reminds me of college.  Puke and rally.  

[[icon] 9,826]

XPost: 
 

JP Morgan forecasting at 5.3% YOY contraction in Chinese Q1 GDP

Chinese food prices up 20% Jan 2020 YOY due in part to African Swine Flu 

 

At what point does this spill into our economy/markets? Seems wild that we're still steaming. 

[pecorino 2,137]

37 minutes ago, dkp993 said:

CYDY today reminds me of college.  Puke and rally.  

Certainly spiced up my hum-drum day. What a run into the green after the bloodbath this morning. I need a cigarette.

[chet 4,621]

https://insiderfinancial.com/investors-fleeing-cytodyn-missing-the-golden-nugget-from-the-bla-delay-could-risk-serious-upside-coronavirus-potential/179575/

[BroncoFreak_2K3 2,590]

All in long. bought a bunch more at $0.80 today.

[The General 24,575]

CYDY yoyoing like Larry David’s date to Mickey’s wedding. 

Nice rally boys.

[Sand 5,806]

2 hours ago, [icon] said:

JP Morgan forecasting at 5.3% YOY contraction in Chinese Q1 GDP

Chinese food prices up 20% Jan 2020 YOY due in part to African Swine Flu 

At what point does this spill into our economy/markets? Seems wild that we're still steaming. 

Good question.  Xi must be ####ting bricks over those kind of numbers.  It will spill over, but the markets are forward looking, so may look past this.  We'll see.

My TMF allocation is looking golden for the next bit, at least.

[fantasycurse42 8,316]

Agree with Culdeus, market basically priced a Trump win in (or Bloomberg, market wouldn’t care between either of them) - the notion of Sanders not even a thought to the market at these prices (kind of agree and don’t think he has a real shot).

Bought more CYDY at .87 today. I’m done buying for now, good luck to us!

Thinking about adding to my gold hoard too.

 

[fantasycurse42 8,316]

I read through some of these comments and truly hope nobody has more than 5% (really 1-2% tops to be direct) of their wealth invested in CYDY... I’ve learned my lesson not following these rules.

This is the definition of speculation, don’t imagine Lambos while buying this, imagine how you’ll feel if this goes to zero, which is absolutely within the realm of possibilities.

 

[[icon] 9,826]

42 minutes ago, fantasycurse42 said:

I read through some of these comments and truly hope nobody has more than 5% (really 1-2% tops to be direct) of their wealth invested in CYDY... I’ve learned my lesson not following these rules.

This is the definition of speculation, don’t imagine Lambos while buying this, imagine how you’ll feel if this goes to zero, which is absolutely within the realm of possibilities.

 

Currently an RCH over 1% 😢

[dkp993 6,999]

45 minutes ago, fantasycurse42 said:

I read through some of these comments and truly hope nobody has more than 5% (really 1-2% tops to be direct) of their wealth invested in CYDY... I’ve learned my lesson not following these rules.

This is the definition of speculation, don’t imagine Lambos while buying this, imagine how you’ll feel if this goes to zero, which is absolutely within the realm of possibilities.

 

It’s about 50% of my investment portfolio (non 401 and 529).  But I’m just dipping my toes in, it’s a small portfolio and it all money I’m prepared to lose.  

[chet 4,621]

A paid interview with the CEO of CYDY today.  

[pecorino 2,137]

3 hours ago, fantasycurse42 said:

I read through some of these comments and truly hope nobody has more than 5% (really 1-2% tops to be direct) of their wealth invested in CYDY... I’ve learned my lesson not following these rules.

This is the definition of speculation, don’t imagine Lambos while buying this, imagine how you’ll feel if this goes to zero, which is absolutely within the realm of possibilities.

 

I’m at about 2% so, ya, it’s all good. Now once it runs up, CYDY could represent more like 10% of my net worth which I could live with. 

[Otis 13,526]

Still up my trade fee on CYDY. So there’s that. 

[Otis 13,526]

I have about a quarter of my portfolio sitting on the sidelines in cash. I was planning to dump it across the three fund portfolio, but given the coronavirus and half of China shutting down, I am thinking about waiting a bit. That manufacturing and Chinese economy hit is going to to trickle through the world economy soon enough; no?  Won’t that cause markets to take a major hit if the virus situation remains the same or gets worse during the next few months?  I know you’re not supposed to try and time the market, but it sure seems like conditions are ripe for a small correction. 

[culdeus 7,433]

1 hour ago, Otis said:

I have about a quarter of my portfolio sitting on the sidelines in cash. I was planning to dump it across the three fund portfolio, but given the coronavirus and half of China shutting down, I am thinking about waiting a bit. That manufacturing and Chinese economy hit is going to to trickle through the world economy soon enough; no?  Won’t that cause markets to take a major hit if the virus situation remains the same or gets worse during the next few months?  I know you’re not supposed to try and time the market, but it sure seems like conditions are ripe for a small correction. 

I'm really worried they will start dumping bonds and all my bond funds just get slaughtered.  That's not a huge portion of the portfolio, but I feel exposed on both equity and bonds with this ####.  

[Capella 30,513]

The only limits on Amazon are your imagination ❤️ 

[Bob Sacamano 9,768]

Even if everyone is home sick, they just keep bringing ####

[fantasycurse42 8,316]

1 hour ago, culdeus said:

I'm really worried they will start dumping bonds and all my bond funds just get slaughtered.  That's not a huge portion of the portfolio, but I feel exposed on both equity and bonds with this ####.  

I feel like the only real risk with bonds is oversupply, and we aren't there... yet.

Rates need to stay low and the Fed has your back. If rates go up, defaults and systemic risk become a serious issue. 

[fantasycurse42 8,316]

14 hours ago, [icon] said:

Currently an RCH over 1% 😢

 

14 hours ago, dkp993 said:

It’s about 50% of my investment portfolio (non 401 and 529).  But I’m just dipping my toes in, it’s a small portfolio and it all money I’m prepared to lose.  

 

11 hours ago, pecorino said:

I’m at about 2% so, ya, it’s all good. Now once it runs up, CYDY could represent more like 10% of my net worth which I could live with. 

I can only hope this races to 10% of my worth too

I'm just saying, I'm seeing comments like "all-in" and "125k shares" etc etc... Just trying to put some perspective out there. I'm hoping for Lambo too, but it's purely speculative and nobody should be invested more than they're prepared to lose on this one. 

[chet 4,621]

BOT 50k more shares today.  Wish my wire had come through yesterday.  #CYDY

[dkp993 6,999]

2 minutes ago, chet said:

BOT 50k more shares today.  Wish my wire had come through yesterday.  #CYDY

Yeah I tried to by more at 1.02 but my order didn’t go through.  

[Al Czervik 331]

11 minutes ago, dkp993 said:

Yeah I tried to by more at 1.02 but my order didn’t go through.  

Can someone write another article for the shorts?  I missed getting in yesterday. 

[stbugs 3,213]

Loving my AMZN. Just hope it keeps it up through next quarter. Definitely wouldn’t mind selling a chunk at this price but taxes on short term gains suck. Waiting until May and June is going to be tough but seems like it’s positive for now.

[stbugs 3,213]

2 minutes ago, Al Czervik said:

Can someone write another article for the shorts?  I missed getting in yesterday. 

I’ve only got 5k shares and throwing on some more yesterday was very tempting. I’m still around 10% cash looking at my total portfolio (IRA/401ks and taxable), which might not be bad. Just frustrating knowing I bought in on a bunch of things in October and that cash position could be way freaking up had I pushed all in on stocks I was watching. Almost everything I was watching is up 30-50% and some more than that.

[stbugs 3,213]

40 minutes ago, fantasycurse42 said:

 

 

I can only hope this races to 10% of my worth too

I'm just saying, I'm seeing comments like "all-in" and "125k shares" etc etc... Just trying to put some perspective out there. I'm hoping for Lambo too, but it's purely speculative and nobody should be invested more than they're prepared to lose on this one. 

Yeah, I would have doubled my position yesterday but even then it’s still less than 1% so it’s not changing my life. If I had invested at 0.3, it’d be a bigger slice but it’d be way up. Oh well, double digits and it’s a nice ride!

[dkp993 6,999]

4 minutes ago, stbugs said:

I’ve only got 5k shares and throwing on some more yesterday was very tempting. I’m still around 10% cash looking at my total portfolio (IRA/401ks and taxable), which might not be bad. Just frustrating knowing I bought in on a bunch of things in October and that cash position could be way freaking up had I pushed all in on stocks I was watching. Almost everything I was watching is up 30-50% and some more than that.

If this goes the way we all are hoping I’m betting we are all going to be looking back feeling this way.  

[stbugs 3,213]

16 minutes ago, dkp993 said:

If this goes the way we all are hoping I’m betting we are all going to be looking back feeling this way.  

Oh yeah, I don’t think I was ever throwing in $100k or anything like that on CYDY. Just mad that almost every stock I watch is up big time since I pushed a bunch of money off the sidelines. Just mad I didn’t push it all in.