Board 8 > Stock Topic 3

(+) Yeah! (+)

I havent. I moved some money around to have more investing power. So far, I am up around $3k. So, I turned $30k into $33k.

Oh. Well in that case, I would recommend against putting all your money in one stock. It's just unnecessarily risky, since you could put smaller amounts into several stocks and get virtually the same upside without the risk of losing all your money. Disaster can happen to any company, and the pain you will feel from losing 80k is much greater than the pleasure you will gain from winning 80k.

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Buy ICD under $10? <_<

Agreed. I Ill diversify, though thatll make it slower to exit during dips.

CORR (finance) and NRBO (pharma) went down big today. NRBO went down because it sold a large portion of its business to an investor for a lower valuation than expected. CORR went down because tenant responsible for 47% of its income suspended payments. If you think either will rebound then there ya go.

I think Im tapping out today. Nothing is grabbing my eye for overnight buying. I reckon the financial companies are going to go up tomorrow, maybe even the resorts. Id like a big red day to reset the gains so I can get back in.

https://www.cnbc.com/2020/04/14/coronavirus-aid-us-airlines-treasury-department-reach-agreement-in-principle-on-aid.html

Good for airlines

Didn't do much today but finished +2% overall so I'll take it.

SavageInTheBox posted...

Get 230+ shares of Citigroup at $46 sounds pretty good.

Thanks for putting it on my radar...got in at sub-44!

ThisIsFine.gif

Needed a red day to reset our favorite stocks.

I think I'm going to eat all my losses and just invest my money like a normal person in some notable brands that are way down. Dillards has my eye

This AKER may never come back man

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Sold my WFC at open. I made 5% and Ill reinvest at the end of the week I think

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Ive always liked PRU. Its reliable.

LTRPB up 425% >_>

Make that 600%

wut

Wtf? It also has a strange history. The prices go in intervals.

It's low volume but I don't know enough to really understand what effect that has on this

Seems to be a sub of LTRPA

They halted trading on it. Might be a glitch.

Low volume explains why the price shift is janky I know that much. But yeah probably a glitch or something.

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This slide is a direct result of Chris not posting in the stock topic, clearly

BK stock my homey

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AKER continuing to hemorrhage

I know the theory is to just keep holding here cause I haven't lost this money till I sell, but in this volatile market should I just sell out and try to get my money back somewhere else? I'm thinking with these past few days being so down for the market I could drop it somewhere else and make a decent chunk back...

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I would say if you do that, make sure you already have a stock in mind to reinvest in. I agree that the market will go back up in the next few days. Not sure how much AKER will compared to whichever stock you land on, though.

CCL and NCL came back down too fast :(

I could have sold them and bought them many times already

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Surprised the Dow is gonna finish up today.

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Same. All my radar stocks were super red. Hoping for a rebound tomorrow. I need PRU to get back up.

I flipped MRO for a small $20 gain.

Came out around even everywhere else.

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I lost 3% today but gained pretty much all of it back during after-hours. Ended up down a whopping $3

Im hoping these after hours stick. Massive gains

Really weird. Guess I'll sell some NCLH in the AM because it decided to pump up 12% after hours.

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Gilead announced theyre making stride with a vaccine / treatment. Everything is going up. Lets see if it lasts into tomorrow though.

Moonroof posted...

Gilead announced theyre making stride with a vaccine / treatment. Everything is going up. Lets see if it lasts into tomorrow though.

So, small note. The treatment side is redensivir I believe

I posted in a topic off these like a month of two ago that redensivir was seen to be the most effective drug for the Coronavirus. So, this isn't new.

There is a problem with that drug though. I mentioned it then. The drug requires early usage...the earlier the more effective. And it requires an IV which is costly and takes up time. Thus, doctors didnt like to prescribe it's usage.


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What is the consensus on what happens to companies stocks once their quarterly reports are released? Obviously investors know the earnings of just about every company is going to be down, but since people invest emotionally they tend to sell once the report is actually released. Wouldnt this knowledge compel you to sell / not invest in a stock whose company is about to release their reports?

I suppose the counter is as long as the company hits the marks that it was projected to (taking coronavirus into consideration) then the reports shouldnt cause a stir.

People already expect bad news my guess is no more big swings.

I think AAL is in a week. If it rises a bit because people feel confident in treatment/vaccine, it'll probably take a hit next week and come back down to this level. I think Q2 is the real concern to me - I worry that airlines and cruises will effectively be flat between now and then. Some banks will suffer (and already did their Q1 calls).

The stir the reports cause is like "What did the company do in order to keep itself afloat, and, how many months will that last". For instance, now you have a reasonable idea what CCL's valuation would be a year or two out, assuming a vaccine and customers returning later this summer.

looking at hopping into SBUX, more into BRK.B and BK personally. I'll wait a week until doing anything more with airlines and I feel like I'm just out on cruises because I don't have the stomach for it lol. Yesterday I went into ABBV a little bit. They still have the humira patent and they have a lot of other things going on - maybe sell that in a year or two so I don't have to keep paying attention.

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So many variables. It really is a lot of work picking good stocks. Way more goes into it than simply looking at trends.

Corrik7 posted...

So, small note. The treatment side is redensivir I believe

I posted in a topic off these like a month of two ago that redensivir was seen to be the most effective drug for the Coronavirus. So, this isn't new.

There is a problem with that drug though. I mentioned it then. The drug requires early usage...the earlier the more effective. And it requires an IV which is costly and takes up time. Thus, doctors didnt like to prescribe it's usage.

damn you must have made a mint off of RDY then. jealous!

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Moonroof posted...

So many variables. It really is a lot of work picking good stocks. Way more goes into it than simply looking at trends.

and rule 1 is like, you have to hit on 74% of your peaks/valleys to beat an idle account. Like I moved out of TSLA and off of things yesterday morning and I'd be up if I just left everything alone. so I don't really know anything. this is just an easy time to make gobs of money short term and long term. I feel like medium term is a big ????, which means I'll trickle in extra funds every week I guess.

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I wanted to hold onto PRU until it got back to $60 but I decided to sell due to fears of the report coming out in a few weeks. Made $435. Now I can play around with other stocks at least.

If I go big bank again itll be JPM because of their investment business

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Banks seem to be at a good time now. They endured two days of losses and look to be bouncing back right now. Plus their reports already came out, right

Well reports on the money theyre setting aside. I think the calls are next week.

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I may stay away until all reports are disclosed. I feel theyre going to lead to massive red days.

Sorry if Ive mixed up some terminology. Im not an expert Im only a neonreaper

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I only have BK now because their Q1 investment fees are up and they won't be hit hard by the mortgage defaults that will be coming this spring/summer. I bailed on WFC after touting them for so long, as I think it's going to be flat for a while. but again I don't know and I possibly missed out to invest in Starbux which has less room to grow I think.

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hmm. Maybe banks arent the way to go then. I still like the financial companies but their reports need to be released before o invest in them again. The resort stocks seem to have bounced back today as well, though.

I am waiting until next Friday to jump in and stay in I think. They are all probably great values long term tho.

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I think the banks as a whole tend to be good companies - for instance, JPM and WFC are fine stocks to own, just have to deal with a health crisis that has significant financial impacts. There'd be nothing wrong jumping on a good bank stock and reaping the rewards long term. You may have some red days in the next 6 months and some FOMO of not buying at their lowest number, but buying any of it at a discount is a great thing to do.

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Is anyone trying to get back into AKER?

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