Stock Thread

[Bamboo Bill 351]

1 minute ago, General Malaise said:

I would tap the brakes on gold right now.  
 

I bought in about 4 to 5 months ago...and I'm down about 7%.

[General Malaise 26,348]

6 minutes ago, Bamboo Bill said:

I bought in about 4 to 5 months ago...and I'm down about 7%.

Oh?  Look at a chart of NUGT for 2020 YTD.  No imagine owning it since Jan. 1 and still holding it.  

Feel better?

[FUBAR 3,203]

Just popped in here to remind myself not to time the market or get nervous that it's way overpriced right now.  Just crossed another milestone I didn't think we'd hit this year. Nothing huge but enough that it came as a surprise. 

Waiting for the bottom to fall again.

[FreeBaGeL 8,812]

I'm the opposite.  Today was my biggest selling day in a while.

Biggest sales were half of my position in DFS that I bought at the bottom in March and my very last share of TSLA which has been a couple of swing trade buys that I've been easing out of.

Also locked in some gains on a couple of other re-opening stocks that I bought at the lows in TAP and CAKE.

I didn't get in early on tech like @stbugs so DFS was one of my best if not my best trade of this year on a nearly 4-bagger that was a big chunk of my portfolio.

I am a little worried I'm underexposed to re-opening stocks now with hopefully covid winding down through the summer.  This is the best positioned to buy on any pullbacks I've been in for a while so I fully expect SPY to just run straight to 450.

[FUBAR 3,203]

13 minutes ago, FreeBaGeL said:

I'm the opposite.  Today was my biggest selling day in a while.

Biggest sales were half of my position in DFS that I bought at the bottom in March and my very last share of TSLA which has been a couple of swing trade buys that I've been easing out of.

Also locked in some gains on a couple of other re-opening stocks that I bought at the lows in TAP and CAKE.

I didn't get in early on tech like @stbugs so DFS was one of my best if not my best trade of this year on a nearly 4-bagger that was a big chunk of my portfolio.

I am a little worried I'm underexposed to re-opening stocks now with hopefully covid winding down through the summer.  This is the best positioned to buy on any pullbacks I've been in for a while so I fully expect SPY to just run straight to 450.

DFS, SE, QCLN, and TSLA have been fantastic. Even wolverine and SBIO have done well since purchase.  Worst performing companies since purchase are Verizon, Visa, and Toyota. But those were intended to be safer plays anyway.

I'm no where near the baller some of you are, definitely not the trader. But the only buying I can do if things fall is the 10% we have in bonds. So it's rather tempting to follow your call here. 

[stbugs 2,955]

1 hour ago, BassNBrew said:

@stbugs LCA up 12% today.  Selling off half my position for a 30% profit.

Never bought any of that. Don’t even recall which one that was. Definitely lagging market today. Even the stocks that did well the past few days taking a pause. Weird that Amazon was red for a few days and the other stuff carried me and today is the opposite.

[stbugs 2,955]

59 minutes ago, FreeBaGeL said:

I'm the opposite.  Today was my biggest selling day in a while.

Biggest sales were half of my position in DFS that I bought at the bottom in March and my very last share of TSLA which has been a couple of swing trade buys that I've been easing out of.

Also locked in some gains on a couple of other re-opening stocks that I bought at the lows in TAP and CAKE.

I didn't get in early on tech like @stbugs so DFS was one of my best if not my best trade of this year on a nearly 4-bagger that was a big chunk of my portfolio.

I am a little worried I'm underexposed to re-opening stocks now with hopefully covid winding down through the summer.  This is the best positioned to buy on any pullbacks I've been in for a while so I fully expect SPY to just run straight to 450.

I feel like I’ve got some exposure to reopenings in 401ks which are definitely slanted towards indexes. I still think I’ll underperform for a bit as I don’t want to own that stuff long term and I’m much worse at guessing short term trends. I also feel pretty well positioned to add on any type of dip but wonder if that will happen or not. Might just want to figure out the rest of the 5 year plan and get rid of any short term bets and let that run for a while.

[BassNBrew 10,520]

Just now, stbugs said:

I feel like I’ve got some exposure to reopenings in 401ks which are definitely slanted towards indexes. I still think I’ll underperform for a bit as I don’t want to own that stuff long term and I’m much worse at guessing short term trends. I also feel pretty well positioned to add on any type of dip but wonder if that will happen or not. Might just want to figure out the rest of the 5 year plan and get rid of any short term bets and let that run for a while.

That doesn’t sound like much fun

[stbugs 2,955]

23 minutes ago, BassNBrew said:

That doesn’t sound like much fun

Depends. It’s fun watching TTD go from $176 to over $800. It’s not fun second guessing yourself and not wanting to own too much and selling some in the $200s. If I was retired and could spend more time then maybe I could watch trends a bit more carefully. I visit this thread the most because I leave 95% alone. I’m better at that. It’d be ideal to lock it and let it roll for 10 years and just watch it beat the market. This has been a heck of a year % and $$$ gain wise. Kind of tees up maybe a more conservative stretch. I’m off the week although been running around doing all kinds of #### for the boss. Going to look at my short term stuff I don’t really care about and see what I need to add for long term.

@ConstruxBoy I know I should have bought on Friday when it dipped but what’s your 5-10 year feeling in PLTR’s return? I’ve bought more $$$s of a company after missing a little pop to make sure I got the same share number I would have. That was for CRNC and well at $86 the pop from $36 to $40 wasn’t a big deal since I just bought more.

Edited November 24, 2020 by stbugs

[Brony 7,578]

Thanks on the MGM pick from way back when.  Got in at $12 and have been very patient. 

[Desert_Power 458]

1 hour ago, FUBAR said:

Just popped in here to remind myself not to time the market or get nervous that it's way overpriced right now.  Just crossed another milestone I didn't think we'd hit this year. Nothing huge but enough that it came as a surprise. 

Waiting for the bottom to fall again.

The indexes are being led higher in recent days by financials (still very undervalued) and energy. I wouldn't be too worried.

[stbugs 2,955]

4 minutes ago, Desert_Power said:

The indexes are being led higher in recent days by financials (still very undervalued) and energy. I wouldn't be too worried.

Financials aren’t very undervalued anymore. DFS is a few dollars from 52 week highs, SIVB (should have bought in March/April) is way above earlier highs and JPM is just about 10% off their highs. Financial stocks aren’t cheap anymore.

Even MGM is only 15% off highs. Restaurant stocks are a little cheaper but BLMN is about 25% off the highs and their revenue is down about that much and their revenue from 2016-2019 was flat to down.

Outside of pure travel stocks and maybe oil stocks (should be considering EVs and alt energy), the market isn’t that cheap anymore. RCL is down 40% from highs and still has no revenue.

I know the market looks forward but I’m still good in tech/growth looking 5 years out than trying to squeeze the last bit of value. If you bought in March to June, looking good but after just taking a quick look things aren’t as undervalued in the less risky areas. Throw in some of the craziness of EV stocks and it’s very frothy considering we aren’t in a great place CV/economy wise.

[Capella 29,442]

4 hours ago, BassNBrew said:

Well you own plenty of Titanic (aka Amazon).

Bookmarking this for amazon 4k

[BassNBrew 10,520]

1 hour ago, Capella said:

Bookmarking this for amazon 4k

Good.  Maybe it will catch up close enough to Kroger and Albertsons to visible in the rear view mirror by then.

On a serious note, I can't wrap my head around the last couple of months.  Not sure what box amazon needs to check to be back in favor.

[stbugs 2,955]

14 minutes ago, BassNBrew said:

Good.  Maybe it will catch up close enough to Kroger and Albertsons to visible in the rear view mirror by then.

On a serious note, I can't wrap my head around the last couple of months.  Not sure what box amazon needs to check to be back in favor.

Next earnings report. They guided for a bigger than expected revenue jump for Q4 but played very cautious on earnings due to CV. The blew the doors off both in Q3, so don’t be surprised if they do again.

Edited November 25, 2020 by stbugs

[joker 260]

Are the thoughts on NRGU that it will keep rising, or would someone be better off booking profits at this point? Not a lot in it, but I'm ok with taking the money and using it elsewhere.

[Desert_Power 458]

3 hours ago, stbugs said:

Financials aren’t very undervalued anymore. DFS is a few dollars from 52 week highs, SIVB (should have bought in March/April) is way above earlier highs and JPM is just about 10% off their highs. Financial stocks aren’t cheap anymore.

There are exceptions, but most of the sector is still a lot further from their highs than that. Those have been the names propelling the DIJA and SP500 (to a lesser extent) to recent highs the last few days. Just pointing out this sector finally joining the party isn't signaling that that the other poster should be worried the market overall is "way overpriced".

I personally still think there is a lot of room to run in the GSIBs. Once the CECL reserves start being released and the Fed allows buybacks...

Quote

I know the market looks forward but I’m still good in tech/growth looking 5 years out than trying to squeeze the last bit of value. If you bought in March to June, looking good but after just taking a quick look things aren’t as undervalued in the less risky areas. Throw in some of the craziness of EV stocks and it’s very frothy considering we aren’t in a great place CV/economy wise.

Closer to you on this. I think it would be best if we could get some stimulus to get the economy through the dark winter before the (hopeful) vaccine. I also don't think the human pain and suffering we're about to see really impacts the market much without widespread lockdowns. I trust that Yellen and Powell will be able to do whatever it takes to prevent liquidity issues like we saw in March. So there is a nice floor, but a declining business is still a declining business.

EV/Renewables do seem a bit over their skis considering the reality of a mixed government in DC. We're going that way eventually though, so hard to time.

Edited November 25, 2020 by Desert_Power

[matuski 4,958]

set trailing stop losses on my 3 big buys from march/april... DFS/BA/MAR.

All 3 well beyond double ups.

Thank you @Todem

Any updates to your list for 2021?

[Capella 29,442]

2 hours ago, BassNBrew said:

Good.  Maybe it will catch up close enough to Kroger and Albertsons to visible in the rear view mirror by then.

On a serious note, I can't wrap my head around the last couple of months.  Not sure what box amazon needs to check to be back in favor.

Amazon is up 68% for the year. I don’t understand how it’s the fault of the stock that you poorly timed your purchase. You sure can’t say I wasn’t in here talking about it. 

[KGB 112]

4 hours ago, Capella said:

Bookmarking this for amazon 4k

I raise you to 5K

[ConstruxBoy 1,129]

6 hours ago, stbugs said:

Depends. It’s fun watching TTD go from $176 to over $800. It’s not fun second guessing yourself and not wanting to own too much and selling some in the $200s. If I was retired and could spend more time then maybe I could watch trends a bit more carefully. I visit this thread the most because I leave 95% alone. I’m better at that. It’d be ideal to lock it and let it roll for 10 years and just watch it beat the market. This has been a heck of a year % and $$$ gain wise. Kind of tees up maybe a more conservative stretch. I’m off the week although been running around doing all kinds of #### for the boss. Going to look at my short term stuff I don’t really care about and see what I need to add for long term.

@ConstruxBoy I know I should have bought on Friday when it dipped but what’s your 5-10 year feeling in PLTR’s return? I’ve bought more $$$s of a company after missing a little pop to make sure I got the same share number I would have. That was for CRNC and well at $86 the pop from $36 to $40 wasn’t a big deal since I just bought more.

5-10 years is hard to judge obviously. I think it's easily 30-40 by next summer. It will be volatile but they really have a great system and a serious drive to get better without succumbing to the quarterly whims of Wall Street. I like that. Some article on SA today called it the Facebook of the Industrial sector, which is pretty encouraging. 

I'm actually think of selling some puts at 14 or 15 in case it drops back down.  

[stbugs 2,955]

Just now, ConstruxBoy said:

5-10 years is hard to judge obviously. I think it's easily 30-40 by next summer. It will be volatile but they really have a great system and a serious drive to get better without succumbing to the quarterly whims of Wall Street. I like that. Some article on SA today called it the Facebook of the Industrial sector, which is pretty encouraging. 

I'm actually think of selling some puts at 14 or 15 in case it drops back down.  

Thanks. I think I will see if it settles. I think it almost has to as a lot has gone too far too fast. Maybe options is a way to bring the price down a bit.

[KGB 112]

Looks like AirBNB filed

 

https://www.marketwatch.com/investing/stock/abnb/ipo?mod=mw_ipocalendar

[KGB 112]

On 11/22/2020 at 9:10 PM, KGB said:

SO, 

As of TODAY.  What's your best pick for next 12 months?

 

I like PLTR for something fairly safe

Actually, Im going in on the open.

Well, that worked out well 

[Whyatt 259]

13 hours ago, eaganwildcats said:

Hey @Whyatt I've been continuing to accumulate $HGEN. Any update on your line of thinking on this one? Let's try to keep it civil in here, folks. Just curious. 

Wildcat, I appreciate your investment blog.

I haven’t sold a share of HGEN. Obviously the stock and sector is out of favor due to vaccine news. The announcement to increase enrollment in their p3 trial was met with disappointment. The good news is the trial is expected to fill quickly and I feel strongly that the decision to increase enrollment derisks the outcome. Know that Operation Warp Speed personnel have seen unblinded data, do you think they decided to partner with a lost cause? The interim results are trending better than standard of care.  Severe critical COVID patients have scant options, steroids and stuff that’s not helpful. As I mentioned previously, Operation Warp Speed will be very helpful for a small company like HGEN, once you have a regulatory package (BLA) suitable for the US, it’s much less difficult to file applications worldwide.

Great vaccine news hurts HGENs COVID upside, but by no means kills it. OWS is buying medications and stockpiling. Also recognize this drug has been in development for quite some time for the purpose of immunomodulation. Clearing the regulatory hurdles for COVID approval helps speed other indications.

An analyst just reiterated a buy with a price target of $34. I’m waiting this out. Just my humble (biased) opinion.

https://www.smarteranalyst.com/new-blurbs/h-c-wainwright-thinks-humanigens-stock-is-going-to-recover/

[Punxsutawney Phil 893]

Energy stocks have been doing great.  Nblx is one I have taken a larger position in.  I'm also in KM, WMB, WES, CVX, XOM.

I mentioned a stock here a while back that has really done well, WBT.  Unfortunately, I pulled out before the huge jump. Doh

[TripItUp 3,942]

Anybody considering LGVW?

[BassNBrew 10,520]

20 minutes ago, TripItUp said:

Anybody considering LGVW?

Never heard of it

[ConstruxBoy 1,129]

Just now, BassNBrew said:

Never heard of it

As if that matters...

[stbugs 2,955]

46 minutes ago, BassNBrew said:

Never heard of it

But bought it accidentally?

[TripItUp 3,942]

Bought a fair amount of LGVW premarket at 17.10.   

The first SPAC in a while that I've had interest in.

I also doubled down on bitcoin on Monday...playing with a fair amount of house money so risk is hedged...don't want any regrets if it goes to 100k.

 

More on LGVW

Edited November 25, 2020 by TripItUp

[TripItUp 3,942]

My brokerage account holdings...

DKNG

U

IPOB

BTC

LGVW

[beef 2,442]

5 minutes ago, TripItUp said:

My brokerage account holdings...

DKNG

U

IPOB

BTC

LGVW

When you list BTC, you're talking actual bitcoin right?  

[TripItUp 3,942]

2 minutes ago, beef said:

When you list BTC, you're talking actual bitcoin right?  

I have holdings split between coinbase and the Robinhood version.  

[stbugs 2,955]

30 minutes ago, TripItUp said:

Bought a fair amount of LGVW premarket at 17.10.   

The first SPAC in a while that I've had interest in.

I also doubled down on bitcoin on Monday...playing with a fair amount of house money so risk is hedged...don't want any regrets if it goes to 100k.

 

More on LGVW

Hmm, seems like a 100% competitor to NNOX. Do they have any approvals or pre-approval? I do hate buying in at the peak right after the merger is announced. Friday (when announced) was a much better entry. The excitement tends to die down a bit on SPACs. I’m still holding TTCF because I think it will be a long term hit but if it was in my IRA I would have already sold and probably bought back in. Tax rates/limits are a big concern in my regular brokerage. Big mistake buying short term stuff outside of IRA.

[JoeSteeler 3,400]

Is coinbase the bast place to buy Bitcoin?

[FUBAR 3,203]

Any guesses on how many times the Dow crosses 30k?

[BassNBrew 10,520]

1 minute ago, FUBAR said:

Any guesses on how many times the Dow crosses 30k?

3 less than the number of times Trump takes credit for it

[beef 2,442]

I bought Bitcoin on Paypal since I already have an account. 

[BassNBrew 10,520]

Bought some FRO on the down earnings report. Also added EURN. These are all 50% gainers in the next 2 years

[JoeSteeler 3,400]

14 minutes ago, beef said:

I bought Bitcoin on Paypal since I already have an account. 

Can you explain what this means?

edit - have a PayPal account and see now I can buy directly through them...thanks 

Edited November 25, 2020 by JoeSteeler

[Nigel 3,336]

FSR on a run this morning, not sure what triggered it but a welcome surprise. Resisting urge to take profits (+60%), hoping this takes off in 2021 as they get closer to rolling out some trucks. 

[beef 2,442]

5 minutes ago, JoeSteeler said:

Can you explain what this means?

You can buy and sell Bitcoin on Paypal and hold it there like cash.  I don't have a Coinbase or RH account.

[stbugs 2,955]

9 hours ago, KGB said:

Well, that worked out well 

I was thinking of buying in the 18s on Friday when it dipped a few percent. SMH. I’m going to wait on it. Maybe I’ll never buy, who knows.

[identikit 1,386]

12 minutes ago, beef said:

You can buy and sell Bitcoin on Paypal and hold it there like cash.  I don't have a Coinbase or RH account.

Very interesting.

[Steeler 2,856]

12 minutes ago, beef said:

You can buy and sell Bitcoin on Paypal and hold it there like cash

Probably a dumb question, but are gains/losses in Bitcoin taxed like investments?  Or in some other way? 

[beef 2,442]

3 minutes ago, Steeler said:

Probably a dumb question, but are gains/losses in Bitcoin taxed like investments?  Or in some other way? 

Same as other Cap Gain taxes, short & long, as far as I know.  

[ericttspikes 2,559]

added more GMHI. Luminar seems like a no brainer. Tier 4 autonomy. Peter Thiel co. Volvo production contract. Mobileye partnership. Seems undervalued to me.

[BassNBrew 10,520]

20 minutes ago, ericttspikes said:

added more GMHI. Luminar seems like a no brainer. Tier 4 autonomy. Peter Thiel co. Volvo production contract. Mobileye partnership. Seems undervalued to me.

Going to tail you here and take a starter position 

[ConstruxBoy 1,129]

50 minutes ago, stbugs said:

I was thinking of buying in the 18s on Friday when it dipped a few percent. SMH. I’m going to wait on it. Maybe I’ll never buy, who knows.

Yeah, it's gotten crazy. Might get to $30 quicker than I expected. Have to re-think those puts.