Yeah, I think we all have our moments on here, some more than others. I think most of his are him having a laugh. I didn't get an angry vibe from him in person at all. It's hard to tell what's really in someone's heart based on text on a screen. I have to remind myself all the time it's the internet and to not take any of it seriously.
You must have a solid position in Apple. 500 shares=$65,000=$5000 gain last week= nice surf trip!!! Did you sell some?
good site to use if your unsure of when to sell http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=AAPL apple is in a confirmed breakout..no resistance above but always nice to take profit...old saying goes no one ever went broke by taking a profit
Frost, I added it back to portfolio in the low 90s. Even with this latest run, it still seems to be low valued (relative PE) and could run some more as you say. I have a stop loss at 125... I was just curious if maddog actually took the position off to pay for trip or was he "on paper" dreaming again....I have done that in the past. I have a position in NVDA that is driving me crazy on the profit taking.
good job jay...were u ever member of a Skype trading group? think I remember a Jay... NVDA earnings announce feb 9th more of a man than me to hold through earnings.... with that much profit on table
No Skype...I sorta do the research the old fashion way and pick only a few stocks to speculate. This one I have owned for two years...it was one that I felt good about at first and then second guest but held on for the ride...I put a stop loss on it as well and I am going to hold through earnings this week and see. That is what is driving me crazy...I have always lived on pigs get fat and hogs get slaughtered as part of my strategy but this one feels like it could be something great (it actually already is to your point)...I will hold my breath and see.
best of luck with it...I quit the earnings game..i researched a group once ticker COGO had their exact numbers almost they blew the quarter away tripled earnings stock ended down $5 that day no reason I ever found out either...sometimes they will run a stock way up to earnings just so they can short it that day never hurts to take your capital off the table. ..let the free runs run if you desire but least u have your capital and some profit?
I hear you...I almost always sell into earnings. Even with a "beat", the stock will typically pull back. I love playing the earnings game but rarely "gamble" like this. It hit 119 and pulled back to 100 this Q and has worked back to 120+ heading into Thursday. You are probably right on conventional wisdom but their growth story is real and I'm going for it...even if I have to hold it. You looking at any new Stocks? I have been studying cybersecurity a bit (CHKP and RPD)
(s&P)Our 12-month target price of $110 is based on 38.3X our FY 18 operating EPS estimate, above semiconductor peers to reflect our view of superior growth...some others at 100...its way above them now..id ring half the register at least...just be careful...
I quit the stock game.. kids eating all my free capital... and when I was in it it was always in the back of my mind..wherever I was 24 hrs a day drained me...
yea...I get it. I was way worse about it in my 30s. I have a carved out section of my portfolio for this and I actually enjoy it....most of the time
Pretty easy to make money in stocks the past 6 yrs in particular. It drives me around the bend when I hear or read about the many 'advisors' who are charging people fees, plus commissions, plus the fees for the managed funds & fees for the annuities & the whole life products they 'recommend' to suckers. Put your money in index funds, VFIAX, keep chunking your cabbage into that fund, don't withdraw any of it ever, check on it in 10, 15 ,20, 30 yrs. You'll be set.
Nailed it, Z. Been trading options, hermano. So far so good. Buying shares, selling calls. Buy-writes to grab dividends. Selling puts; whatever it takes to collect divs & premiums. So far, 32% annualized return since mid-summer. At this rate, who needs to go to the office.
Your right about fees man...I sorta took the responsibility on parents gig years ago. Dad had an annuity that had almost 3% in total fees!
Good move on your part JD, taking care of pops. So many older folks get hosed by the financial hustlers who ingratiate themselves merely to sell high fee ripoff financial products. Annuities are one of those financial products that always sound good when you're getting pitched to purchase one. But if you can figure out the actual fees that you're being charged for an annuity...? Otherwordly, as in from Hades.
Frost....you bugger, you were in my ear early this morning from yesterdays convo. I took some off the table on that trade. Looking at a covered call for the rest!
