cosjobs
Footballguy
Who knows? Frankly, at this point, I just dancing in the froth.
But if it goes to $5, I'll make a million bucks
eta- I'm down $200 so far
Last edited by a moderator:
Fantasy Football - Footballguys Forums
Welcome to Our Forums. Once you've registered and logged in, you're primed to talk football, among other topics, with the sharpest and most experienced fantasy players on the internet.
Stock Thread (11 Viewers)
- Thread starter St. Louis Bob
- Start date
But if it goes to $5, I'll make a million bucks
eta- I'm down $200 so far
cosjobs
Footballguy
You'd be insane to buy penny stock in market orders.If you’re trying to buy Pink Sheets in Fidelity, do a limit order instead of a market order.
And Fidelity won't sell it until the have the company info required
cosjobs
Footballguy
Nigel
Footballguy
tonysmiles
Footballguy
Entered MARA at 22 and RIOT at 21
Desert_Power
Footballguy
I haven't looked too much into their business model yet. I know they were a popular FinTech target (I almost invested in another SPAC that was rumored to have them as a target). They're not truly a bank and seemed to have a done a lot of student loan consolidations. Will have to do some reading this weekend to see if I want to stay in or roll the cash to more SPACs.
-OZ-
Footballguy
Either a lot changed in 3 hours or I'm not playing the same game as y'all. All of my accounts are green. Wife's IRA finally crossed the ¼ Mark.I'm still in the green....35 cents.
Big League Chew
Footballguy
Yuge purchase right before the bell
CRM 750,000 @ $221.89
$166M
CRM 750,000 @ $221.89
$166M
Don Hutson
Footballguy
bcnfinance
Footballguy
Nothing new to say except that this $TSLA movement is out of control. +130B in 2 days.
-OZ-
Footballguy
Sand
Footballguy
And IPOC just changed into CLOV, so now I get to figure out what the hell Clover Health does and if it's worth sticking in.
Sand
Footballguy
Count your money. TSLA biggest miss ever for me. Just never saw it and what a missed opportunity.
Did dabble in some BLDP (Todem issue) and SVFAU ('cause Softbank is a paragon of investing acumen...).
Sand
Footballguy
Commodities are famous for dislocation days like this. Ask the OptionSellers guys...Holy s....WTF just happend to SLV?Almost a 10% drop in one day? How often does that happen?
-OZ-
Footballguy
Guess you didn't miss the boat at $83?
This is fun. Just noticed this account has doubled since making the move from all ETFs to individual companies plus the couple select ETFs. The worst performers have been Microsoft and Google at 20% and 25%, then Amazon at 35% gains. Obviously time is everything, but I'm really glad to have made the switch.
I know many of you have done better actively trading, but I'm pretty content with these basically buy and hold companies.
Last edited by a moderator:
Jeremy Grantham blithely articulating that we are in the late-stage of one of the great bubbles of his lifetime. An excellent read. Sorry to be the cold-water guy and as of this moment, I am pretty heavily invested in US equities myself. But he makes a strong case to unwind those positions and get defensive. Bear of a Link
I was just saying the same to my friend that the market feels very similar to tech bubble. Everyone making money can’t last forever.
cosjobs
Footballguy
Lomez
Footballguy
EYLive
Footballguy
cosjobs
Footballguy
I've been saying that for a while. But I think it will be propped p at least through the stimulus.
Don Hutson
Footballguy
Capella
Footballguy
I’m out of relief but may buy back in. If they merge, how does that affect the stock price?
steelerfan1
Footballguy
BassNBrew
Footballguy
I had a theory that I didn't read much support for...maybe a lot of fund managers are adding through the first quarter as opposed to the day it switched over.
Market took a hard downturn yesterday when @Capella stepped out for a bit.
Well that's interesting and not a small chunk of change. Someone thinks they know something.
I suspect it will either go up or down.
steelerfan1
Footballguy
No sir, I did not. Of course I regret not going all in on SE, but will be grateful for what we did get.
I missed out on a lot of stuff and wish now I had invested more in the single companies like you did with this account you listed above, but I also believe you view this account as not your bread and butter with your main accounts still being along the Total Stock type funds, or am I mistaken?
Also, curious what are your current single holdings now if you don't mind me asking?
Not counting VTSAX (our highest holding by far), right now our holdings in single companies guesstimate % are:
AAPL- 40%
SE- 20%
MSFT- 15%
JNJ- 8%
EXC- 6%
XOM- 6%
BLDP- 2%
TSN- 2%
INTC- 1%
BABA- minimal
CRSP- minimal
ZOM- minimal
I'm going to look to possibly add positions in FUBO, DKNG, CLDR, CHWY, but not sure if these are long term holds or stuff that I'm gonna need to go BNB on all the time lol
Don Hutson
Footballguy
On the message boards, people often talk about RLFTF being bought out by BRPA for $1 a share. But this slide from next week's presentation at the Biotech Showcase just says "existing plans to up-list near-term to the Nasdaq in the U.S." That sounds like they could do what HGEN did and do a reverse split leading into a Nasdaq uplisting to commence 5 trading days after the reverse split. HGEN stock did poorly after that announcement but HGEN also had a stock offering at the same time and the terms of the stock offering had provisions that hurt the stock price. It's hard to know whether the reverse split or the stock offering had the bigger impact on HGEN's lower stock price. Here is the entire slideshow from next week's RLFTF presentation: https://www.dropbox.com/s/9fbg7lgyu7cb70b/Biotech Showcase Presentation.docx?dl=0
Last edited by a moderator:
lakerstan
Footballguy
Yep - 5 different sector ETF’S, and they are all doing quite well.5 flavors?
I bought this 2 years ago and I love it with all my.
ARKK - Disruptive technology
ARKQ - Technology and robotics
ARKW - Next generation internet
ARKG - Genomic evolution
ARKF - FinTech
lakerstan
Footballguy
Got an interesting question for those with TSLA, and I don’t want to be morbid or anything, but it is the ONE thing that has kept me from buying in:
Could TSLA survive if Elon Musk walked away or died tomorrow?
I think about this like I think about buying an Andrew Luck rookie card, and my mind just can’t get by that thought.
Is TSLA an investment in a future thinking car company, or is it because it is led by one of the greatest minds of our time?
Could TSLA survive if Elon Musk walked away or died tomorrow?
I think about this like I think about buying an Andrew Luck rookie card, and my mind just can’t get by that thought.
Is TSLA an investment in a future thinking car company, or is it because it is led by one of the greatest minds of our time?
-OZ-
Footballguy
Right. TSP and the wife's Roth IRA are all broad market funds and cover about 75% of our portfolio.
My largest single company right now, by a significant amount, is SE.
others with some significance: Amazon, omega health (REIT), Tesla, Toyota, Disney, discover, teledoc, home depot, Google, Microsoft, wolverine, Visa, Alibaba
Some with a small amount: KOPN, Verizon, Caterpillar, westlake chemical, RLFTF
CR69
Footballguy
So my biggest issue is K/Q/W's largest holding is Tesla which I already own a ton of (now) after it got added to the S&P. I've added some G though.
McBokonon
Footballguy
I'm going to do a little reshuffling this week. I'm way too concentrated. I don't mind being concentrated but it's a little ridiculous. I shaved 5% off FVRR and ETSY, and 12.5% off of FLGT the day before the pullback (dumb luck but that thing was flying too close to the sun) and started ALSN in a traditional IRA I don't put money in anymore. There I have what I just mentioned plus a large AAPL stake I likely won't touch. My strategy there has been to take gains whenever I can take enough to start a new position while maintaining the core. There's less movement in this account and I noticed it has outperformed my ROTH probably because of that.
My ROTH I have a ridiculous amount of SE. I'm not selling. This is where I have SQ, IMMR, NNOX, a couple SPACs, and AAXN. I'm pretty ok with allocations here but I need to stop handling it so much. Maybe dump the SPACs and add another value name with a divvy. SQ might need a haircut, it's number two beneath SE after the latest run.
G/F has LMND, DKNG, and a starter in BLDP (excited about this one, thanks @Todem ) in her SEP which was opened recently. LMND might need a haircut otherwise we're good. This is the only account she'll be adding to.
Her old traditional IRA has CRWD, MSFT, U, and DOCU. CRWD and U have gone crazy so this might be an opportunity to trim and add a little value. Old ROTH only had enough to get PINS, which is nearly a double. When/if that happens, I'm taking out the initial investment and adding something else.
My 401K and HSA are your basic mutual funds. I added emerging markets several months back and that's been working well.
Not sure why I typed all that here but I think it helped to write it out! Just feeling a little more defensive but not too defensive. I like my growth names enough to bounce back if we take a beating. Just feel like now is a good time to tap the breaks a little and add some boring names.
My ROTH I have a ridiculous amount of SE. I'm not selling. This is where I have SQ, IMMR, NNOX, a couple SPACs, and AAXN. I'm pretty ok with allocations here but I need to stop handling it so much. Maybe dump the SPACs and add another value name with a divvy. SQ might need a haircut, it's number two beneath SE after the latest run.
G/F has LMND, DKNG, and a starter in BLDP (excited about this one, thanks @Todem ) in her SEP which was opened recently. LMND might need a haircut otherwise we're good. This is the only account she'll be adding to.
Her old traditional IRA has CRWD, MSFT, U, and DOCU. CRWD and U have gone crazy so this might be an opportunity to trim and add a little value. Old ROTH only had enough to get PINS, which is nearly a double. When/if that happens, I'm taking out the initial investment and adding something else.
My 401K and HSA are your basic mutual funds. I added emerging markets several months back and that's been working well.
Not sure why I typed all that here but I think it helped to write it out! Just feeling a little more defensive but not too defensive. I like my growth names enough to bounce back if we take a beating. Just feel like now is a good time to tap the breaks a little and add some boring names.
Last edited by a moderator:
BassNBrew
Footballguy
They did a lot of selling of Tesla this week. Of course they missed out on the 6% pop yesterday so even ARK isn’t perfect. I doubt Cathey lost any sleep last night
EYLive
Footballguy
Ok gotcha, I have ARKW. Is there one that has more long term potential than the others?
steelerfan1
Footballguy
Thanks OZ!-OZ- said:
I regret passing on DIS and TGT when they were in the low 100 range. I also got in on DFS at 38 and like a rookie sold at 50. I really don't like the day trading thing too much as I never know when to get out.
Having only done this since late April I still don't get the getting out of good companies thing and when to do it if ever. I know Todem had made a good post about when a position doubles you may want to take some of that to start a new position, but other than that if you are getting out of good companies isn't that trying to time the market?
I have not been good at that in my brief time as we are still at 20% cash which if had been put into VTSAX at the time probably would have given us another 15 grand right now
steelerfan1
Footballguy
Thanks for posting McB. That's what I am wondering about you guys with what you believe to be good companies are doing? If we are in this bubble waiting to burst I guess the plan is to stay the storm and keep adding on the low instead of trying to sell and time it to get back in?McBokonon said:
McBokonon
Footballguy
That's what I'm doing. I have decades before I retire. If I was close to retirement I wouldn't even be in most of these names to begin with.
-OZ-
Footballguy
Thanks OZ!
I regret passing on DIS and TGT when they were in the low 100 range. I also got in on DFS at 38 and like a rookie sold at 50. I really don't like the day trading thing too much as I never know when to get out.
Having only done this since late April I still don't get the getting out of good companies thing and when to do it if ever. I know Todem had made a good post about when a position doubles you may want to take some of that to start a new position, but other than that if you are getting out of good companies isn't that trying to time the market?
I have not been good at that in my brief time as we are still at 20% cash which if had been put into VTSAX at the time probably would have given us another 15 grand right now
There's different strokes for sure.
I try (and don't always succeed) to just think of the individual companies as a collection. It's nice to see them rise for sure, but I'm mostly just buying companies I like, and buy more if they're on sale. Without a doubt most will fall at some point. And we're well beyond the level I thought they'd stall at. But I'll just keep collecting.
It helps that the individual companies won't break us if they fall.
Don Hutson
Footballguy
Last weekend was long with 2 days of no stock market and no football. This weekend is way better.
BassNBrew
Footballguy
pecorino said:
I'm fine with selling the bear perspective, but don't be disingenuous and cherry pick data. You can't claim a bull market from 2112 to the present and ignore the bear market of 2020 in the middle. You can't count the the gains from NASDAQ 7000-10000 twice.
SouthJersey
Footballguy
I've been thinking about this too. I think a lot depends on who they have in their succession plan and if it'll be similar to Apple in the 80s when Jobs left or Apple in the '10s when Cook carried the torch. My current feeling is I just gotta ride the wave. I might not sell at the top but i'm up so much I'll still almost certainly book a profit.lakerstan said:
Capella
Footballguy
lakerstan
Footballguy
I freely admit I am late to the party. I really don’t read many financial articles, but a video about ARK/Cathie Wood popped up in my list of YouTube videos one day and I started reading more about them. So I totally stumbled onto them and owe much more to luck than skill.
Last edited by a moderator:
