Board 8 > Stock Topic 3

(+) Yeah! (+)

Chinese Coffee made me averse to trusting chinese stocks as that one stung me pretty bad.

Glad MFA helped though!

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Also because AMC might be reopening theaters soon enough for that to be announced in your window. If you want me to give you a stock for a year it'd be CCL.

Carnival is run by ghouls. They will stab anyone in the back to make their stock go up and profit. I trust their vileness.

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lmao

edit: in regards to being diligent


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Neon, send me your profits. Or else.

CCL is making me cry

Also, any news on when we'll hear something regarding LK?

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My DAL did well the past couple days. Are there any other sectors where the stocks are still down more than 65% from the peak?

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Casinos and resorts.

Just bought $11k of WYNN. There goes my investment money, not buying anymore. Ill be sitting for a while. Fingers crossed for sooner-than-later big gains, my magic number is 10%.

Glad I sold norweigan at close yesterday

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It seems there's a decent likelihood of NAT rebounding from $6.50 back up over $8 or so, I think. Worth checking out anyway. They're making ships full of money.

FWIW, I couldve sworn today was going to be a red day. Even without the Gilead news, it was turning out to be green.

Im hoping the market can sustain the bullish behavior through opening tomorrow.

SuperNiceDog posted...

thanks Moonie! Ok you think BA is a good play? It's been lagging

BA is doing good today! @Moonroof should I hold on? I have some shares

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also RCL, CCL wtf is going on with them lol... too late to get in?

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SuperNiceDog posted...

also RCL, CCL wtf is going on with them lol... too late to get in?

No but I would wait for a red day tbh. Wouldn't necessarily expect them to be green tomorrow.

Id sell BA for profits. Its gotten bad press as of late but Im ultra conservative. However, if you dont mind holding on long term, BA will go up along with every other historical stock.

I have a feeling tomorrow will open as a green day. Todays impressive performance due to corona medical info will hopefully carry into the next several days. I remember two weeks ago we had four green days in a row.

The cruises...they have a ton of gains ahead of them. I just feel like, like a Red said, youd want to try timing them but thats dangerous.

SuperNiceDog if you don't need the money in the next 12 months, buy CCL right now and then just forget about it.

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Man it feels really good to watch a sell order trigger days after you wrote it

DoomTheGyarados posted...

SuperNiceDog if you don't need the money in the next 12 months, buy CCL right now and then just forget about it.

ok! Yea I've been thinking about it, I have some RCL

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NCLH discusses their financial picture yesterday and they should be able to ride this out for a year. A lot of analysts thought they would have to make another move. I wish I had seen that yesterday

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NCL is trying to make me feel bad for choosing CCL and it's like "geesh NCL calm down"

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https://apple.news/AZoFwHHRbQUaw_Z1zmrUeAw

Hopefully this bleeds into the morning.

cruise lines are going up because legal jargon says they probably wont be nailed in the class action btw

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DoomTheGyarados posted...

NCL is trying to make me feel bad for choosing CCL and it's like "geesh NCL calm down"

Btw I've said it before, cruised with NCL for my last cruise. They are absolutely forward thinking for both the younger and older age groups(Both of which like to cruise). I really like them long term.

Especially with more bad news from Princess which is going to give them more market share. The cruise prior I did was Princess, they were bad with sanitization, had fewer hand sanitizer stations than I'd seen on other cruises and had trouble even keeping what they had stocked with sanitizer. To little surprise they have trouble with norovirus making the news and now high profile COVID-19 outbreaks. Their pricepoint should drive business right to NCL.

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Oh WSJ, you silly for making people create an account to read your articles

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Okay so this is very much 'first world problems' because I am up great today.

But I have been following QEP for awhile and I thought of investing in them early today.

They are up 45% after hours ;_;

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It happens. Story of our stock lives, honestly.

The headline of the link I sent btw:

Stocks Rise as Fed Pledges Lasting Support for the Economy

This was after close.

I'm up $600 after going into the market for the first time back in late March

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Im not the best at math, which scenario is more profitable:

A) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. It then drops to $5.25 at which point you put in another $1,000. It goes up to $6 and you sell.

B) You put in $1,000 in stock A at $5 and sell it at $6.

By my math, scenario B is a 20% gain which comes out to a $200 profit. Scenario A is a 10% profit the first time you sell it ($100 profit) but Im getting tripped up on $5.25 to $6.

The reason I ask is because I often wonder if its better to sell a stock after a quick spike and buy back into it after a dip, or just hold from the get go.

Im not the best at math, which scenario is the most profitable:

A) You put in $1,000 in stock A at $5 and sell it at $6.

B) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in for another $1,000 at $5.50. It goes up to $6 and you sell.

C) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. It then drops to $5.25 at which point you put in another $1,000. It goes up to $6 and you sell.

By my math...

Scenario A is a 20% gain which comes out to a $200 profit.

Scenario B starts with a $100 profit in the first sale, and a 9.1% profit the second time ($91). This comes to $191 profit.

Scenario C is a 10% profit the first time you sell it ($100 profit) and a 14.29% profit the second time ($143 profit). This comes to $243 profit.

Did I do all that right?

The reason I ask is because I often wonder if its better to sell a stock after a quick spike and buy back into it, or just hold from the get go. I reckon it also depends on how much of a dip happens when you buy back in / how high the stock.

Moonroof posted...

Im not the best at math, which scenario is the most profitable:

A) You put in $1,000 in stock A at $5 and sell it at $6.

B) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in for another $1,000 at $5.50. It goes up to $6 and you sell.

C) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. It then drops to $5.25 at which point you put in another $1,000. It goes up to $6 and you sell.

By my math...

Scenario A is a 20% gain which comes out to a $200 profit.

Scenario B starts with a $100 profit in the first sale, and a 9.1% profit the second time ($91). This comes to $191 profit.

Scenario C is a 10% profit the first time you sell it ($100 profit) and a 14.29% profit the second time ($143 profit). This comes to $243 profit.

Did I do all that right?

The reason I ask is because I often wonder if its better to sell a stock after a quick spike and buy back into it, or just hold from the get go. I reckon it also depends on how much of a dip happens when you buy back in / how high the stock.

Yes, you did that right. C is best because you are timing the market correctly. B is lower because you sold $1,100 worth of stock and only bought back in for $1,000 - so your profits from the first round weren't reinvested for the second round.

If you hold for over a year, you can get a lower tax rate.

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Thanks. So the takeaway is its perfectly fine and in fact better to sell early IF the stock ends up dipping after you sold it and you time it correctly.

Additionally, you should never sell and buy back in at the same price at which you sold.

Coronavirus really messed up my stocks and 401k

ha ha ha why am I laughing I lost thousands of dollars

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Moonroof posted...

Thanks. So the takeaway is its perfectly fine and in fact better to sell early IF the stock ends up dipping after you sold it and you time it correctly.

Additionally, you should never sell and buy back in at the same price at which you sold.

Well, buying back in is fine - but you should buy back in for the amount of shares you sold rather than reducing it to the original stake in dollars. Unless you want to take your profits and put them in something else of course.

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Another important scenario I should have included:

D) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in using your original $1,000 plus the profit of $100, totaling $1,100 at $5.50. It goes up to $6 and you sell.

This comes out to $100 profit the first time and $100.09 the second time, totaling a $200.09 profit.

Is that right? Still inferior to option C.

Moonroof posted...

Another important scenario I should have included:

D) You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in using your original $1,000 plus the profit of $100, totaling $1,100 at $5.50. It goes up to $6 and you sell.

This comes out to $100 profit the first time. Im stuck on the rest.

It comes out to the same $200 profit as A. Assuming you are not paying commission to your broker.

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Just to get this all in one post because its important to understand the math behind different investment tactics:

THE STEADY HOLD METHOD
You put in $1,000 in stock A at $5 and sell it at $6.
This is a 20% gain which comes out to a $200 profit.

THE SELL AND PARTIAL RE-INVEST METHOD
You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in for another $1,000 at $5.50. It goes up to $6 and you sell.
This starts with a $100 profit in the first sale, and a 9.1% profit the second time ($91). This comes to $191 profit.

THE SELL AND FULL RE-INVEST METHOD
You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in using your original $1,000 plus the profit of $100, totaling $1,100 at $5.50. It goes up to $6 and you sell.
This is a 10% profit the first time you sell to for a $100 profit and a 9.1% profit the second time for a $100.09 profit, totaling a $200.09 profit.

THE SELL AND MARKET TIMING METHOD
You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. It then drops to $5.25 at which point you put in another $1,000. It goes up to $6 and you sell.
This is a 10% profit the first time you sell it ($100 profit) and a 14.29% profit the second time ($143 profit). This comes to $243 profit.

This is not a perfect science as there are numerous variables such as risks with attempting to time the market, how high the stock ends up reaching, how much you reinvest after selling, etc etc.

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https://gamefaqs.gamespot.com/boards/8-gamefaqs-contests/78641278