OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

[based mod]

Created an order for Aug GPRO 11.00 puts. We'll see if it fills

 

[based mod]

Welp glad that order didn't go thru


Facebook up 6% atm

 

[slighted]

No idea how FB is continuing to fire on all cylinders, but it's proving that it deserves to be a FANG stock.

 

[noskey]

Yeah they've been impressive with how they're montizing all aspects of the company and still increasing user base on all platforms.

 

[Brownstone]

Congrats brah. I'm still holding since buying at its peak

Glad that the premiums for options were so ridiculously high that I resisted grabbing puts.


TWTR on the other hand

Tell me about it, was planning to sell at 19

 

[dragonnife]

I been following this thread here and there. I don't see how come we don't share each other opinions about the stocks they invest in. I know we should do our own research but whats the point of this thread if we are going to only talk about how much we earn? Kind of a useless bragging thread. 

 

[noskey]

But we do though. And the thread (and the last one) was mostly used for all of us to bounce ideas and strategies off each other. I offer my opinion when appropriate, been said to get into the A&D sector since it became clear the presidential noms were Hillary and Drumpf. Others offer their opinions, though the thread been slow during summer. What are some of your thoughts man? Don't be shy.

 

[dragonnife]

Well let me just begin with saying I am very new with stocks. I came here in hope to learn and bounce ideas. My main goal is too look into stocks that i can afford and hope grow in the long run. The only stock I am familiar with is WDC. I knew they were merging with sandisk, and saw their stocks dropping. WDC is probably one of the biggest hard drive company out there compare to rivals such as seagate, toshiba and samsung. WDC were selling Hard Disc Drives at the time. not many people are using computers anymore so their market for hard drive aren't as in demand. The importance of flash drive is that its smaller than hard disc drive and faster. As long as we have mobile phone, cameras and laptop, the demand for flash drive is a greater than HDD. I do not have a big understanding of why WDC stocks fell as low as 35, but knowing that the two company merge they can exchange ideas and remain the top dog in the hard drive business. I bought their stocks because data storage will always be in demand. People who would like to save their HD photos and 4k videos on their phone will require a phone that can hold that much data. Only way for that is buying a phone that has a large flash drive that will hold it. It so happen WDC just announce their latest 3d nand Technology a couple days ago that increase data storage. Their stocks are currently at 53 after the merge. 

At the time I looked into their rival stocks, Seagate,  had their stocks at 20 last month. I didnt know how to feel about buying a company rival until i started to see it grow. If anyone can share their opinion in buying company rival stocks i would like to hear.

 

[johnnyredstorm]

Sister stocks typically move in unison with one another the difference being the severity of their moves is predicated on their float and fundamentals.

 

[based mod]

I been following this thread here and there. I don't see how come we don't share each other opinions about the stocks they invest in. I know we should do our own research but whats the point of this thread if we are going to only talk about how much we earn? Kind of a useless bragging thread. 

I've been trying to probe folks for tips/leads, but this thread has really slowed down a lot. I've personally just been doing options bounce plays all year which luckily has been working out pretty well for me. I do need to get back to looking into the fundamentals of companies instead of making moves based on a hunch.

It's also earnings/gambling season, so honestly there's no real tips to give/follow this time around since it's more or less a crap shoot for us regular folk.

Only plan for me right now is to go long on NVDA after their report in Aug.

p.s. **** Ford

 

[slighted]

 
I been following this thread here and there. I don't see how come we don't share each other opinions about the stocks they invest in. I know we should do our own research but whats the point of this thread if we are going to only talk about how much we earn? Kind of a useless bragging thread. 

Some of us work in the industry and can't exactly share theses.

There have been a bunch of ideas and names mentioned here though.

 

[DCAllAfrican]

Created an order for Aug GPRO 11.00 puts. We'll see if it fills

What stopped you?

 

[based mod]

Created an order for Aug GPRO 11.00 puts. We'll see if it fills

What stopped you?

I set a price point for which it will buy put contracts. That price point wasn't met by the market so the order doesn't execute.

Puts are basically a bet that the stock will go down. If that order from yesterday went through, I'd be assed out.

 

[based mod]

 
I been following this thread here and there. I don't see how come we don't share each other opinions about the stocks they invest in. I know we should do our own research but whats the point of this thread if we are going to only talk about how much we earn? Kind of a useless bragging thread. 

Some of us work in the industry and can't exactly share theses.

There have been a bunch of ideas and names mentioned here though.

So Grubhub is flourishing....

 

[noskey]

Sister stocks and rival companies can be good for a portfolio, if their overall sector/industry is doing well. I tend to focus on one company per sector, but will look into complimentary companies. Example, Intel and Apple are developing more of a relationship with the upcoming iPhones using Intel modems. Not rivals or sister companies at all, but they can compliment each other and potentially drive sales by partnering in things like this.
I owned both before anything was announced, but I'd be interested in Intel more if it looks like they'll keep taking iPhone modem share in the future. Same goes for display companies, like OLED. Apple moving to OLED screens in the future opens up possibilities.

 

[slighted]

@Based Mod

You thinking short-term, fam. Let Grubhub get high up so the decline can be $$$.

 

[based mod]

@Based Mod


You thinking short-term, fam. Let Grubhub get high up so the decline can be $$$.

I really am thinking short-term. Got some puts for GRUB hoping for people to cash out and catch the fade. Paying off so far. Was thinking about doing the same for GRPN in which I would've gotten toasted. GRPN up 30% right now :x

 

[DCAllAfrican]

THoughts on? - MGT | Stock Price Quote for MGT Capital Investments Inc http://www.barchart.com/quotes/stocks/MGT

 

[based mod]

I think first time investors should stay away from small cap companies. If I were to give advice to a friend about what to do with cash they want to put into the market, I'd say put money into an S&P 500 ETF. Once they learn the terminology and familiarize themselves with how to execute trades, then they could go into large cap companies that provides dividends, and further down the line into riskier small cap companies.

Just my opinion.

 

[slighted]

^ Agreed, ETFs are a great way to jump into the game.

I highly recommend reading the monthly/quarterly commentaries that are released by mutual funds too. It helps to understand different thought processes, construction, etc.

 

[wizards23]

MGT smh. Don't like the smell of that company one bit for an investment. Read some of the press releases from the last few months. I think they have a raise pending in the future also? Not 100% about that check sec filings

 

[based mod]

^ Where ya been wiz? Used to follow your blog all the time for tech analysis.


Mannnn, I've only now come to realize that transaction fees really add up. I've only traded 10 positions (10 buys, 10 sells) this year and it's already $200+. That initial $10 when you buy into a position really seems like nothing when you're throwing 1, 2, 3k out there.

 

[dragonnife]

200?!? Damm you ever tried robin hood?

 

[noskey]

Does Robinhood let you trade options? I think thats what Based was talking about. Should be using Options House, would pay half that commission.

 

[based mod]

200?!? Damm you ever tried robin hood?

Does Robinhood let you trade options? I think thats what Based was talking about. Should be using Options House, would pay half that commission.

Yea I'm trading options so RH is a no go there. I'm actually using Options House