Stock Thread

[stbugs 2,955]

4 minutes ago, ericttspikes said:

wild ride for GMHI/LAZR today. Was down 20% now up 8%. 

Been holding that for a while. Only have 200 shares but it was one of the bunch I bought a few months ago. If it switches over tomorrow I’ll see what it does. It’s in my IRA so no worry about taxes when selling but seems like it’s got potential long term.

[BassNBrew 10,518]

36 minutes ago, Capella said:

 

45 minutes ago, Don Hutson said:

Is this the first time an NFL game has been played during market hours?

LOL literally just thought that. Has to be right?

 

Maybe Bezos should have been doing some work rather than sitting on the couch eating chips and letting his company go down the toilet.

[stbugs 2,955]

Looks like OKTA and ZS are up nicely. CRWD and ESTC as well but dummy here didn’t buy some when both dipped under $100 recently. Should help my tech stuff to a decent day.

[CR69 1,377]

3 hours ago, SouthJersey said:

So...my takeaway: stay away from healthcare tech.  Stick to the big insurers who are going to make money regardless unless a Bernie type is elected.  My $ANTM and $UNH are at their all time highs.

What do you think happens to health insurance companies when the US joins the rest of the world with socialized healthcare?

[ericttspikes 2,559]

2 hours ago, stbugs said:

Been holding that for a while. Only have 200 shares but it was one of the bunch I bought a few months ago. If it switches over tomorrow I’ll see what it does. It’s in my IRA so no worry about taxes when selling but seems like it’s got potential long term.

up HUGE after hours

[SouthJersey 333]

20 minutes ago, CR69 said:

What do you think happens to health insurance companies when the US joins the rest of the world with socialized healthcare?

I work in healthcare, but I"m no expert.  I don't know when (if) the US will move to socialized medicine.  Obamacare was a minor step and hardly in that direction, but major carriers were key in the state marketplaces.  The government was not insuring folks, they had to buy insurance on the marketplace from private carriers.  If Biden does the same and this becomes the compromised norm (doubtful, but maybe Republicans concede to this rather than Medicare for All), then insurance carriers make out well.

Plus many of the big payers also have lucrative side-businesses that make good $$$.  UNH owns Optum which has a huge pharmacy business as well has hospital consulting/management businesses.  Aetna is now a part of CVS which is also insurance/pharmacy.  Anthem and Cigna tried to merge but I think that fell through for one reason or another.

Long story short I think the private payers are in a good spot right now.  Plus while they might be paying more for COVID admissions, in the short/intermediate term they're saving quite a bit of money with so many hospitals decreasing or completely putting a pause on all of their elective surgeries which are the high dollar payouts for insurance carriers.

Edited December 2, 2020 by SouthJersey

[BassNBrew 10,518]

25 minutes ago, CR69 said:

What do you think happens to health insurance companies when the US joins the rest of the world with socialized healthcare?

Why does it matter, we won't be around to see what happens.

You have a coalition of 90% of the country that has no vested interest in helping out the 10% getting buried.

[KGB 109]

6 hours ago, stbugs said:

@KGB Finally dipped a toe in PLTR at $21.80. Just 100 shares, but felt like a good start. If it dips more keep DCAing into a half to a full share.

Glad you waited.  I originally got in about $18 and even though I bought more yesterday, still in the green 8%.

I just think this is a cpmpany that in 10 years, you say, duh. The biggest name data company with all the GOVT contracts.  So, I'm very long term on this buy.

[Gawain 2,211]

Looks like I picked a bad week to sell AMD 85 calls.

[CowboyFan4822 20]

Have been following along for a little while now.  I’ve pretty much only invested in vanguard ETF’s (VTI, VWO, etc.), amazon, and Bitcoin.  I’ve been very pro crypto for a few years now but never had the money to invest like I’d like until recent.

I’m 34, fairly risk adverse and while small in these groups have just gotten on my feet after years of mess ups and probably have around 5k to start with and around 500 going in every week.  Any words of advice where to look at or stick with the etf’s so I’m pretty well diverse.  Am still leaning towards keeping a minimum of 25% in crypto if not more.

Thanks.

[KGB 109]

2 minutes ago, CowboyFan4822 said:

Have been following along for a little while now.  I’ve pretty much only invested in vanguard ETF’s (VTI, VWO, etc.), amazon, and Bitcoin.  I’ve been very pro crypto for a few years now but never had the money to invest like I’d like until recent.

I’m 34, fairly risk adverse and while small in these groups have just gotten on my feet after years of mess ups and probably have around 5k to start with and around 500 going in every week.  Any words of advice where to look at or stick with the etf’s so I’m pretty well diverse.  Am still leaning towards keeping a minimum of 25% in crypto if not more.

Thanks.

I would only invest a small $$$ amount.  like 5% as a learning/play money for most of the stuff in this thread until you feel comfortable.  It's been a great market for a long time which makes everything look gravy.  

2. be more patient than me 

[CowboyFan4822 20]

1 minute ago, KGB said:

I would only invest a small $$$ amount.  like 5% as a learning/play money for most of the stuff in this thread until you feel comfortable.  It's been a great market for a long time which makes everything look gravy.  

2. be more patient than me 

That’s probably a good idea.  90% to bit/Amazon/etfs and tag along some with the remaining 10% 🙂🏻

[stbugs 2,955]

38 minutes ago, KGB said:

Glad you waited.  I originally got in about $18 and even though I bought more yesterday, still in the green 8%.

I just think this is a cpmpany that in 10 years, you say, duh. The biggest name data company with all the GOVT contracts.  So, I'm very long term on this buy.

I do think there will be more dips just because it went so high so quick and it’s kind of lumped together with all the SPACs and EVs that have been jumping lately. Kind of like how Amazon and other tech related stocks got bucketed in the WFH stocks.

I’ll keep building a position.

[Nick Vermeil 3,221]

9 hours ago, BassNBrew said:

Why did your opinion change?

I added more this morning.  You were pretty bullish a few days ago.

Not sure why but LGVW up 5% after hours.  

[stbugs 2,955]

5 minutes ago, Nick Vermeil said:

Not sure why but LGVW up 5% after hours.  

Ebbs and flows. Past few days were rough on SPAC type stuff and some tech stocks popped tonight likely igniting the SPACs.

[TripItUp 3,941]

13 minutes ago, Nick Vermeil said:

Not sure why but LGVW up 5% after hours.  

Cathie Wood is a noted investor and her funds bought LGVW today.  She has a strong following that tails her on buys.

I saw this and now I'm taking a closer look because she and her team are some of the sharpest tech investor minds in the world.

Edited December 3, 2020 by TripItUp

[Desert_Power 457]

2 hours ago, stbugs said:

Looks like OKTA and ZS are up nicely. CRWD and ESTC as well but dummy here didn’t buy some when both dipped under $100 recently. Should help my tech stuff to a decent day.

Finally something tech gets a bounce from earnings. 

[BassNBrew 10,518]

3 minutes ago, TripItUp said:

Cathie Wood is a noted investor and her funds bought LGVW today.  She has a strong following that tails her on buys.

I saw this and now I'm taking a closer look because she and her team are some of the sharpest tech investor minds in the world.

By chance are you my ex-wife?

[TripItUp 3,941]

 

6 minutes ago, BassNBrew said:

By chance are you my ex-wife?

haha, she's a K. Wood fan?

[zazale 85]

an important message

[BassNBrew 10,518]

1 minute ago, TripItUp said:

 

haha, she's a K. Wood fan?

Just poking at how much you change your mind.

You held some pretty firm convictions on DKNG so I was surprised how quickly you changed your mind here.

[KGB 109]

14 minutes ago, TripItUp said:

Cathie Wood is a noted investor and her funds bought LGVW today.  She has a strong following that tails her on buys.

I saw this and now I'm taking a closer look because she and her team are some of the sharpest tech investor minds in the world.

Very interesting!

[drunken slob 547]

1 minute ago, zazale said:

an important message

$nnox has their demo at 930am Eastern tomorrow

From a dude that can't control himself 

Good job @zazale for picking this up also

So damn 2020

 

[TripItUp 3,941]

2 minutes ago, BassNBrew said:

Just poking at how much you change your mind.

You held some pretty firm convictions on DKNG so I was surprised how quickly you changed your mind here.

can't have the same mindset on all stocks IMHO.   DKNG is a unique company in an emerging market.  LGVW not so much.  My doctor buddies are not run of the mill MDs.  They have made me a lot of money over the past 10 years.   Got me in on CRISPR early...made a boatload.  

Nothing wrong with listening to other informed opinions.

Edited December 3, 2020 by TripItUp

[zazale 85]

Just now, drunken slob said:

$nnox has their demo at 930am Eastern tomorrow

From a dude that can't control himself 

Good job @zazale for picking this up also

So damn 2020

 

i just wanted karma for a certain soccer matchup happening this weekend 

[BassNBrew 10,518]

4 minutes ago, TripItUp said:

can't have the same mindset on all stocks IMHO.   DKNG is a unique company in an emerging market.  LGVW not so much.  My doctor buddies are not run of the mill MDs.  They have made me a lot of money over the past 10 years.   Got me in on CRISPR early...made a boatload.  

Nothing wrong with listening to other informed opinions.

It's all good.  Your initial post didn't have much info so I was like WTF?  Appreciate the follow up explaining why you changed your mind.

[Capella 29,440]

5 hours ago, BassNBrew said:

Maybe Bezos should have been doing some work rather than sitting on the couch eating chips and letting his company go down the toilet.

I hope Jeff is enjoying some well deserved time off. Made me a fortune this year.

[stbugs 2,955]

21 minutes ago, TripItUp said:

Cathie Wood is a noted investor and her funds bought LGVW today.  She has a strong following that tails her on buys.

I saw this and now I'm taking a closer look because she and her team are some of the sharpest tech investor minds in the world.

Wood buying wasn’t today. That’s week old news. That’s why it popped up before dropping Monday/Tuesday. It’s popped today because it’s an SPAC and some of them move in sympathy. Just like EVs and WFH/tech stocks. That’s been happening a lot this year.

[TripItUp 3,941]

3 minutes ago, stbugs said:

Wood buying wasn’t today. That’s week old news. 

incorrect...she bought 259,096  shares on 12/2.  

I'll bet you on it if you want action.

Edited December 3, 2020 by TripItUp

[BassNBrew 10,518]

1 minute ago, Capella said:

I hope Jeff is enjoying some well deserved time off. Made me a fortune this year.

Hasn't done diddly in 4 months.  That's plenty of time off.  GE was a great stock back in the day too.  Now that I mentioned it, even GE has about doubled during the last 4 months.  Freaking department stores like Kohl's and Nordstrom have doubled in that time.  Companies that don't even have a product like RIDE and NNOX have doubled in that time.  Floating petri dishes are punching him in the nose like they are a young Tyson.  It's like he's running an inverse ETF during a bull run.  Dude needs to take some lessons from Elon, he doesn't take time off and neither does his stock.  Stonks go up, get with the program Jeffrey.

[BassNBrew 10,518]

5 minutes ago, TripItUp said:

incorrect...she bought 259,096  shares on 12/2.  

I'll bet you on it if you want action.

7 to 1 odds :pigeon:

[KGB 109]

3 minutes ago, BassNBrew said:

Hasn't done diddly in 4 months.  That's plenty of time off.  GE was a great stock back in the day too.  Now that I mentioned it, even GE has about doubled during the last 4 months.  Freaking department stores like Kohl's and Nordstrom have doubled in that time.  Companies that don't even have a product like RIDE and NNOX have doubled in that time.  Floating petri dishes are punching him in the nose like they are a young Tyson.  It's like he's running an inverse ETF during a bull run.  Dude needs to take some lessons from Elon, he doesn't take time off and neither does his stock.  Stonks go up, get with the program Jeffrey.

Agree.  I'm pretty pissed.  I have 70+ shares and im in the red.  I coulda played darts and made more

Better not see "christmas was already factored in" after they blow away earnings.

Edited December 3, 2020 by KGB

[drunken slob 547]

45 minutes ago, BassNBrew said:

7 to 1 odds :pigeon:

Close, so close 🤣

[stbugs 2,955]

1 hour ago, TripItUp said:

incorrect...she bought 259,096  shares on 12/2.  

I'll bet you on it if you want action.

Here you go from 11/24:

https://m.benzinga.com/article/18510212

Her and others buying isn’t new news. It even says that her firm could continue to buy.

Article even mentions that she bought IPOB at $18 in September. She should have asked me about that since I bought it around $11 on a recommendation a couple months prior. I could have saved her some money.

Edited December 3, 2020 by stbugs

[stbugs 2,955]

54 minutes ago, KGB said:

Agree.  I'm pretty pissed.  I have 70+ shares and im in the red.  I coulda played darts and made more

Better not see "christmas was already factored in" after they blow away earnings.

When did you start investing? Also, do you have accounts with index funds/ETFs? If you own an S&P 500 type fund, 5% or so is Amazon. I think I figured out that 15-20%ish of my index type funds were Apple, Google, Amazon and Facebook. If you’ve enjoyed any of the past decade’s stock run up in funds/ETFs you’re in the green on Amazon.

That said, you’ve done what many a man couldn’t do, not make money on Amazon stock. Congrats?

[TripItUp 3,941]

10 minutes ago, stbugs said:

Here you go from 11/24:

https://m.benzinga.com/article/18510212

Her and others buying isn’t new news. It even says that her firm could continue to buy.

I didn't say or imply she didn't buy earlier, I knew she had.  I specifically said she bought today, and that may have contributed to post market rally.

[stbugs 2,955]

Just now, TripItUp said:

I didn't say or imply she didn't buy earlier, I knew she had.  I specifically said she bought today, and that may have contributed to post market rally.

Ok, I was just saying that I don’t think that was the impetus today. People already knew that and with all of the different funds/multiple investments expected. I think it was really as simple as SPACs can sometimes run in packs due to FOMO/retail investors. Look at GMHI, almost identical days. Started way down and increased a lot at the end of the day and way up in AH. Not exactly the same %s, but LGVW did the same as did a bunch of other SPACs. It’s not the same everyday but reading some of those r/wsb discussions and you’d think those guys have literally every penny in TSLA, SPACs and PLTR. Most have no clue what the company’s do. It’s amusing. Still there are enough daily traders now that they appear to be able to move small stocks. I saw discussions on both GMHI and LGVW on there.

[KGB 109]

27 minutes ago, stbugs said:

When did you start investing? Also, do you have accounts with index funds/ETFs? If you own an S&P 500 type fund, 5% or so is Amazon. I think I figured out that 15-20%ish of my index type funds were Apple, Google, Amazon and Facebook. If you’ve enjoyed any of the past decade’s stock run up in funds/ETFs you’re in the green on Amazon.

That said, you’ve done what many a man couldn’t do, not make money on Amazon stock. Congrats?

LOL. I was in this thread 10 years ago.  Started with $2K.  Wish I could say I was successful, I kept going for homeruns and would sometimes buy and sell within minutes.  I had no patience and still struggle with that.

I cashed out my stock options from work and decided to give it a go but with a different outlook.  I still jump into some plays here, but again, I usually get frustrated when they go down and lose.  up 30% over what I would have been if I kept my old work stock, so happy.

Been in and out of AMZN quite a few times and am in the green overall.  

My strategy now, which it should have been years ago, is to only buy stocks I dont mind holding a long time.  Hence, I keep adding to AMZN to lower my cost.  but not selling it for quite awhile, hopefully over a year for tax reasons.  Maybe forever.

My goal this year is to have

AMZN

AVGO

MJ

CHWY

PLTR

RBLX

ABNB

and hold for a very long time. 

 

edit - (I remember when facebook was highly debated in this thread if it was a suckers bet.  I think it opened around $30)

Edited December 3, 2020 by KGB

[BassNBrew 10,518]

39 minutes ago, stbugs said:

When did you start investing? Also, do you have accounts with index funds/ETFs? If you own an S&P 500 type fund, 5% or so is Amazon. I think I figured out that 15-20%ish of my index type funds were Apple, Google, Amazon and Facebook. If you’ve enjoyed any of the past decade’s stock run up in funds/ETFs you’re in the green on Amazon.

That said, you’ve done what many a man couldn’t do, not make money on Amazon stock. Congrats?

Dude...that's not cool.

Even with the wink.

Edited December 3, 2020 by BassNBrew

[KGB 109]

Just now, BassNBrew said:

Dude...that's not cool.

Even with the wink.

[BassNBrew 10,518]

19 minutes ago, KGB said:

LOL. I was in this thread 10 years ago.  Started with $2K.  Wish I could say I was successful, I kept going for homeruns and would sometimes buy and sell within minutes.  I had no patience and still struggle with that.

I cashed out my stock options from work and decided to give it a go but with a different outlook.  I still jump into some plays here, but again, I usually get frustrated when they go down and lose.  up 30% over what I would have been if I kept my old work stock, so happy.

Been in and out of AMZN quite a few times and am in the green overall.  

My strategy now, which it should have been years ago, is to only buy stocks I dont mind holding a long time.  Hence, I keep adding to AMZN to lower my cost.  but not selling it for quite awhile, hopefully over a year for tax reasons.  Maybe forever.

My goal this year is to have

AMZN

AVGO

MJ

CHWY

PLTR

RBLX

ABNB

and hold for a very long time. 

 

edit - (I remember when facebook was highly debated in this thread if it was a suckers bet.  I think it opened around $30)

I remember that debate.  Bought in the low 20s and sold in the 180s.  

Keep pounding Amazon.  Bezos will eventually get off his #### and make you some money.

[KGB 109]

1 minute ago, BassNBrew said:

I remember that debate.  Bought in the low 20s and sold in the 180s.  

Keep pounding Amazon.  Bezos will eventually get off his #### and make you some money.

The facebook debate was very interesting.  If I remember, It dropped quite a bit in the beginning.  

One of the things I like is a brand name.  IE you "AIRBNB a stay"  You "order an uber"  I'm not sold on doordash as most people I know use competitors.  

That why I like the AIRBNB ipo.  Will it go down?  Dunno.  I'll buy 300 shares and average down if that's the case.

[KGB 109]

WISH is also having an IPO.

They have the name recognition (at least according to my FB feed) but I think they are scammy and staying away.  

Also think NKLA is a scam and I dont care if it goes up.  Some day it's going to burn and I'm not risking it.

[stbugs 2,955]

1 hour ago, BassNBrew said:

Dude...that's not cool.

Even with the wink.

I’ll make sure he makes a lot of money on AMZN, don’t worry. I consider Jeff my buddy.

Edited December 3, 2020 by stbugs

[stbugs 2,955]

52 minutes ago, KGB said:

LOL. I was in this thread 10 years ago.  Started with $2K.  Wish I could say I was successful, I kept going for homeruns and would sometimes buy and sell within minutes.  I had no patience and still struggle with that.

I cashed out my stock options from work and decided to give it a go but with a different outlook.  I still jump into some plays here, but again, I usually get frustrated when they go down and lose.  up 30% over what I would have been if I kept my old work stock, so happy.

Been in and out of AMZN quite a few times and am in the green overall.  

My strategy now, which it should have been years ago, is to only buy stocks I dont mind holding a long time.  Hence, I keep adding to AMZN to lower my cost.  but not selling it for quite awhile, hopefully over a year for tax reasons.  Maybe forever.

My goal this year is to have

AMZN

AVGO

MJ

CHWY

PLTR

RBLX

ABNB

and hold for a very long time. 

 

edit - (I remember when facebook was highly debated in this thread if it was a suckers bet.  I think it opened around $30)

Long term is the only way to keep sane unless you have time to watch every single minute. The biggest angst I’ve had is the short term bets. I’ve made plenty on them so I haven’t minded but I’ve made far more on my long term buys and honestly would have done even better this year if I just stayed the course on my long term buys and just kept adding.

Also, don’t get frustrated over losses, especially in the long term stocks. Not a single one of my long term buys outside of ZM didn’t go lower in March or another time. APPN was one of my worst performers until the past few weeks and then it was a better performer than some of my stalwarts.

No idea how much you are dealing with but I would recommend adding some additional stocks if you want to go long term. Diversify a bit more. It can be a slow addition so you don’t have to sell off stuff you like, but it helps to have some stocks popping all the time. Might make you worry less about drops when they don’t kill your overall returns.

[stbugs 2,955]

SPLK got roasted AH. They missed estimates. I’ve heard of them before but never invested, didn’t realize their revenue was already expected to drop from last year anyway. Looks like they hadn’t really gone up much from February so looks like the not so good 2020 was already expected and they missed that.

[Dwayne Hoover 359]

Hadn't heard of LGVW before but appreciate the heads up on this one.  Seems like a solid bet to me, good backers in on this company and what looks to be a really nice product.

I'm buying

[stbugs 2,955]

15 hours ago, ericttspikes said:

up HUGE after hours

Up nicely this morning although gave up some gains. Man, should have sold at open just under 25. It’s still up 16% but at open it was 40%.

Man, I missed on CRWD and ESTC, been watching those for a while but never bought. They went back under 100 during the election week and I have a feeling I won’t ever see that again. Still a very nice day but hesitation has cost me way more than it’s saved. Definitely need to improve on that for long term buys. Rather than wait for a big position opening, just buy some and if it keeps going up at least your making some on the earlier money and if it dips you can DCA down.

[Don Hutson 1,779]

The stock who is not to be named is at $2.33.  It could be a good day trade.

[Steeler 2,856]

7 minutes ago, Don Hutson said:

The stock who is not to be named is at $2.33.  It could be a good day trade.

AMZN?