Stock ideas.

[Kahns Krazy]

Looking over my old 401k rollover which is now a self directed brokerage account, I need to do some rebalancing.

I've been pretty passive for the last couple of years, and I think I should step it up a bit.

What are you guys liking out there for longer term holdings and why? What shorter term plays would you consider?

[MCXU]

Put in all into Tasty Fries Inc. (TFRY)

For the love of God this is America! This Idea has to catch on.

[xu15anthony]

I had some luck last year in the Casino stocks LVS and MGM. The tech market has also treated me well over the past year...ROM, MSFT, ORCL, etc.

[bobbiemcgee]

I like Visa (V). Had it since the the ipo. The Durbin bs "financial reform" on cc fees have sent it lower twice this yr. but for long term don't see a real downside. They will make 2 billion + a yr. forever. Little debt. A franchise nobody can duplicate (not even Walmart!) Visa has NO CREDIT EXPOSURE and NO CREDIT LOSSES. They are a transaction company that just take a fee everytime you swipe your cc or debit card. If you charge something to your phone, somebody stills has to process the transaction and V is by far the largest. They are the leader in debit cards by a wide margin if you're worried about the reduction in cc use. Forbes sez it will trade @ 92 in a few months. It would already be there except for the idiot Durbin. Good buying op imho.

[pickledpigsfeet]

Check out Coeur d Alene Mines Corp (CDE). Its a mining company that's just recently brought a huge silver and gold mine up to full speed and the company overall has seemingly turned the corner over the last 3-6 months. More heavily involved in silver than gold but does both but the benefit of being silver heavy is that silver price fluctuations usually follow gold price fluctuations by at least a few months so it would appear that they will get the benefit of high gold prices now and high silver prices later. I've had it for about a year and plan to hold it for the foreseeable future.

[SixFig]

I invest in foreign commodities. Mostly Guiness, Heineken, and Labatt

[RoseyMuskie]

Check out Coeur d Alene Mines Corp (CDE). Its a mining company that's just recently brought a huge silver and gold mine up to full speed and the company overall has seemingly turned the corner over the last 3-6 months. More heavily involved in silver than gold but does both but the benefit of being silver heavy is that silver price fluctuations usually follow gold price fluctuations by at least a few months so it would appear that they will get the benefit of high gold prices now and high silver prices later. I've had it for about a year and plan to hold it for the foreseeable future.

I have a feeling that the gold bubble will burst sometime in the near future, so I'd be very careful with that stock.

[Masterofreality]

Blue Chips:

GE and Ford- both priced in the high teens about now, but I would guess willl go well into the 30's as the economy recovers.

[xavierj]

I am not that big of a fan of the bank itself but 5/3 has been moving strong lately. Up about $3 a share since the beginning of December and have heard some that expect it to be in the mid $30's within the next year. It currently sits at $15 per share, was at one point under $10 within the last six months.

[smileyy]

Buy AMZN. I want to pay down my mortgage.

[ford]

if you're looking for something cheap to play with, SiriusXM has been a fun ride. I jumped in at $.31/share when people were saying it was going to be delisted, and now it's been hovering around $1.50. I think as the auto market recovers they'll continue to make gains with OEM on new cars, and they just re-upped Howard Stern.

I also got in early on Digital Globe, half of what is essentially a duopoly in the satellite imaging industry along with GeoEye. They develop, launch and manage the satellites that capture images for everything from Google Earth to the US Govt. I only see upside in the industry and they have made a fast rise to compete with GeoEye.

Being around 30, I personally like to just pack away in my 401k with fairly aggressive international and small-med cap stocks since I have a long time left. Then I like to just keep a few thousand a year for "play money" on stocks like the ones I mentioned that I just simply find interesting.

I agree on Ford (no coincidence in my screen name), wished I would've jumped in when it was at 5-6!

[xudash]

I have a feeling that the gold bubble will burst sometime in the near future, so I'd be very careful with that stock.

Fair point, unless you can find a well balanced fund with a strong dividend yield:

GABELLI GLB GLD NAT RES & INCM

9% yield. I would not touch gold individually at this point, but I'm in this fund for the reasons stated.

[chico]

Definitely max out your 401k and consider a Roth IRA as well.

As for stocks, I really don't have any specific ones, but look for ones that have a good dividend/cost ration.

[pickledpigsfeet]

I have a feeling that the gold bubble will burst sometime in the near future, so I'd be very careful with that stock.

As I said, its a very silver heavy company with reserves of about 196 million ounces of silver and only 1.4 million ounces of gold (a 140 to 1 silver to gold ratio). If something happens with the gold market, the silver market will take time to trail it giving some time to get out. To each their own.

[Smooth]

MOO or PAGG are agricultural ETFs. They each track different indexes (or indices if you prefer) but have close to the same stocks and weightings. They don't buy futures, just stocks related to agriculture. Prices have been going up because of prior droughts, and will likely continue due to the Australian flood and the ever-popular government subsidized and mandated ethanol production. Producers have already raised the prices they charge food companies (Kraft, Kellogg, General mills, etc) and are re-investing their higher earnings in new equipment and more fertilizer(potash). These ETFs profit from all three of these sectors.

Disclosure: I own MOO and I stocked up on coffee a couple weeks before the price went up 30%.

[Smooth]

As I said, its a very silver heavy company with reserves of about 196 million ounces of silver and only 1.4 million ounces of gold (a 140 to 1 silver to gold ratio). If something happens with the gold market, the silver market will take time to trail it giving some time to get out. To each their own.

Although it doesn't always trade as such, silver does have industrial uses (other than the dead film market) and is not just a store of value in inflationary times or a jewelry component. I was early on CDE and now it is up 43% since I sold. It has benefitted from improved management and new mines starting production as well as the rising price of silver.

[madness31]

Silver is used in practically everything. Silver has antibacterial properties and is used in hospitals for disinfecting purposes. It is used in practically all technology gadgets - ipods, cell phones, computers, etc.

There is a shortage of silver supply and there are few primary silver mines making it less likely that supply spikes as demand grows.

Silver is the one investment I'm most confident on for the medium and long-term. It has experienced a huge spike recently so a pullback wouldn't be shocking but it should double at a minimum over the next few years and likely quadruple.

If by long-term you mean 20 to 30 years then gold is another must own as are energy, grains, basic metals, etc. The US debt situation when including social security and medicare/medicaid is impossible to manage without increasing the money supply and decreasing the value of the currency. This bodes well for all commodities. Gold could become the world's reserve currency once again or it could be part of a basket of important currencies.

Gold is not in a bubble. It will probably go through another major sell-off before reaching new highs but it will go higher over the next decade. Commodity cycles tend to last 15 to 20 years and this cycle is only 10 years old. This cycle will likely last longer than the norm because of debt problems at every major economy. This increases the odds of currency wars and inflation.

The only other investment sectors I love for the long-term are biotech, nursing homes, defense, and cemetaries. Everything else will have moments of strong performance but won't go the duration.

Emerging Markets will have extreme volatility but they should also continue to do extremely well over the long-term.

Silver: CDE, GRS, PAAS, SSRI, HL, SLW, apmex.com
Gold: KGC, AZK, UXG, MFN, RIC, AUY, apmex.com
Uranium: DNN, CCJ (both must own)
Biotech: ISIS, MYGN, BTX, a biotech fund
Nat Gas: MWE
Oil: PBR, CNQ
Energy Servicers: CAM, RIG, ESV, BHI
Desalination: CWCO
Other Metals: SWC, PAL, FCX, REE, MCP, GGB
Brazil Electric: CIG, CPL
Agriculture: MOO, DBA, POT, MOS, SQM, AGU, CRESY

[Kahns Krazy]

Some interesting ideas. I'm going to use some of these to focus my research.

Ford: I have some siri. Unfortunately, I bought around $0.60 per share... before the 1:10 split. It's the single biggest loser in my portfolio.

[American X]

Don't take stock advice from madness31:


What is wrong with economic collapse?

And don't trust experts:

Why You Shouldn't Trust Wall Street's Top Stocks for 2011 (http://online.wsj.com/article/SB10001424052748703808704576062033926741952.html?m od=WSJ_hpp_sections_personalfinance)

[madness31]

I stand by my question of what is wrong with economic collapse. If you allow an economy to collapse due to misallocation of capital you create opportunity for new businesses to be created. The new businesses will allocate capital responsibly and allow the economy to recover from a stable base. If you prop up failed businesses you have an unstable foundation and it is far more difficult to fully recover. Without a collapse the US will not achieve full employment for many decades if ever.

I forgot to list my favorite investment for the next decade and beyond, TBT. This investment increases in value as interest rates go higher. I expect another pullback before rates rise dramatically but rates will rise while the government struggles with debt. Rates should double at a minimum and a triple is quite likely. You can also write call options against the position to reduce risk but it will also limit profits.

[Kahns Krazy]

Check out Coeur d Alene Mines Corp (CDE). Its a mining company that's just recently brought a huge silver and gold mine up to full speed and the company overall has seemingly turned the corner over the last 3-6 months. More heavily involved in silver than gold but does both but the benefit of being silver heavy is that silver price fluctuations usually follow gold price fluctuations by at least a few months so it would appear that they will get the benefit of high gold prices now and high silver prices later. I've had it for about a year and plan to hold it for the foreseeable future.

After the suggestion I did some research in this stock and a couple othe players in the silver market. I pulled the trigger on CDE at $24.61. I'm currently regretting not having also picked up some GPL.

The silver market is pretty interesting.

[pizza delivery]

One of my predictions for the future is that people will be keeping and repairing their cars more often instead of buying new ones. Investing in auto parts is a good idea. I also think cable companies will do well based on people staying at home more and wanting entertainment. Usually it's the last thing people want to cut from the entertainment budget.

[Snipe]

Buy Chinese Yuan.

[Buck Futler]

Try some short term plays. Granted, I am only 20 and can afford to be very risky with my investments, but my portfolio will include up to 5 different stocks that I plan on holding for no more than a week at a time. It is a GREAT way to make money if you know what you're doing.

As far as long terms, credit isn't going anywhere and of course the super banks aren't going anywhere. C, BAC, and V would probably be safe bets. Also, look for Facebook and Groupon to issue their IPOs in early 2012, that would be an idea chance to catch some quick money off of name value pumps.

www.stockcharts.com

www.finviz.com

[boozehound]

One of my predictions for the future is that people will be keeping and repairing their cars more often instead of buying new ones. Investing in auto parts is a good idea. I also think cable companies will do well based on people staying at home more and wanting entertainment. Usually it's the last thing people want to cut from the entertainment budget.

Agree and disagree on the cable company stock. I think that the logic regarding people staying home more is sound, however I would have some concerns regarding satellite and the proliferation of Internet TV and other alternative sources of programming. I think that competition may pick up in the television provider market, at least in the short term. I agree with the logic re: auto parts though.

[XU-PA]

I have a feeling that the gold bubble will burst sometime in the near future, so I'd be very careful with that stock.

I was reading about someone, don't remember the name and it's not that important, who is buying gold like there's no tomorrow. Wondering if there's a possibility of a player big enough to be driving the price all by his lonesome. wasn't it a hunt that went big time into the tank 20 years ago in the silver market that way?

[Porkopolis]

One of my predictions for the future is that people will be keeping and repairing their cars more often instead of buying new ones. Investing in auto parts is a good idea.

You may be onto something there. My wife and I are driving two ten year old cars. Our logic is that as long as the cost of monthly repairs (including inconvenience/loss of use) does not exceed the cost of a new car payment, we'll keep our old ones. Right now the cars both run well and we see no need for a shiny new toy.

[madness31]

There are rules against cornering the market in commodities. The rules are not always enforced perfectly but they are much more diligent in preventing people/organizations from driving commodity prices higher. Forcing them lower is more frequently over looked.

The exchanges have been raising margin requirements on many commodities to reduce the leverage that can be used to accumulate positions. For the most part China and India are driving demand for gold. The gold and silver markets still have huge upside. It will eventually be a bubble but we are not even close. The gains have been very gradual from an oversold level in 1999. Past peaks in gold resulted in a dow to gold ratio of about 2 to 1. This means it took about 2 ounces of gold to buy the dow index. I believe it was almost 1 to 1 at one point but I'm not 100% sure. Neither of these ratios will necessarily happen again or at least any time soon but it show how far we are from the most extreme gold values.

Bubbles always have the blow-off top, a time when the euphoria is so great that people begin to believe you can't lose in that particular investment. There are some that think that about gold, including me, but we are the fringe not the general public. The nasdaq/internet bubble had extreme excitement and a majority of middle class to upper middle class rushing into technology funds. Housing had people flipping properties for profits without doing anything but holding them for a few months. It also had people buying with no money down or even taking cash from the bank at closing.

Most people right now fear a potential bubble in gold and basically don't touch the sector unless their mutual fund owns some mining shares. I expect $5,000 gold but this value is subject to change based on market conditions. Should the price spike from current levels to $3,000 in 6 months to a year I'd reduce that target significantly. At a minimum the price will hit $2,500 within the next few years. Of course I'm always open to other views but that is the way I see it.

[pickledpigsfeet]

After the suggestion I did some research in this stock and a couple othe players in the silver market. I pulled the trigger on CDE at $24.61. I'm currently regretting not having also picked up some GPL.

The silver market is pretty interesting.

Glad you took the advice. Did you see what CDE closed at today? $33.08!

[madness31]

Many of the junior miners have been on fire recently with daily moves near 10%. CDE is a good stock and has done well but I've also enjoyed moves in VGZ, RIC, UXG, MFN, AZK, etc. SLW should be a core silver holding.

The CEO of UXG recently added to his stake in the company along with a private placement. He has been exceptional at creating value and has a huge stake in the company. He was formerly CEO of GG.

[madness31]

Another miner I've been watching is KGC. They had been on the aquisition path during 2010 and the stock price has suffered. A similar occurance happened with GG when they made a large aquisition a few years ago. The stock sold off hard and stayed down for over 6 months (can't recall exact duration). Once the aquisition started to pay-off it quickly returned to old highs and beyond.

KGC is having issues with ore grades to go along with the merger complications but they have a huge ore base and higher grades are out in the future. The potential growth is big and the stock is testing key support today on heavy volume thus far in the day. Should this support hold it will be the time to take a position. Considering the run most miners have had I'll be jumping in today to take advantage of cheap gold reserves. Should the stock head lower I'll just wait for the story to unfold. If the stock suffers too much it could be an aquisition target by a large diversified miner or one of the 3 biggest gold miners. Most majors are looking for cheap ways to replenish reserves but KGC would be a huge aquisition and too big for most.

Call options are another great way to play this. Short-term options could work off a pop from support and long-term options should work as synergies are realized and ore grades improve. Improved operating results probably won't be significant until late 3rd or 4th quarter. Risk/reward is favorable on this gold miner but waiting for support to hold is the safest action to take. $15 is the long-term support level.

[muskienick]

Here's a stock tip that can't go wrong. Track my portfolio and never buy what's in it currently. You'll never go wrong with that tactic!

[Kahns Krazy]

Glad you took the advice. Did you see what CDE closed at today? $33.08!

Make that $34.50. 40 percent gain in under 1 month. Crazy.

[Kahns Krazy]

Try some short term plays. Granted, I am only 20 and can afford to be very risky with my investments, but my portfolio will include up to 5 different stocks that I plan on holding for no more than a week at a time. It is a GREAT way to make money if you know what you're doing.


I'm going to give you some advice that you will most likely ignore, then learn the hard way.

You don't know what you're doing.


Obviously, I don't know you. I may well be wrong. When I was 20, I didn't know anyone with a portfolio. I'm just playing the odds here though, and I speak from experience.

And really, I'm not addressing this to you, Buck Futler, individually. I'm really responding to a generic 20 year old promoting day trading as a great way to make money.

[madness31]

I've been taking profits in some of my high flying silver and gold stocks after recent spikes. I've shifted some of that money to others that haven't had big moves but have been strong performers over the years as well as some that have underperformed.

The above goes against the advice of letting your winners run and cutting your losses short. To me mining companies are a bit different than many other businesses and losers can turn into big winners as long as the assets are there. Many external factors as well as bad management can create temporary mining issues but as long as the assets exist then a buyout becomes likely or the problems work themselves out. The successful players will be looking to aquire cheap assets. I use charting to look for support levels when picking up shares in underperformers such as KGC.

Anyone else have thoughts on the subject of picking up gold and silver stocks lagging the market vs buying/holding those that are spiking?

If anyone else thinks about doing something similar I would suggest slowly exiting your winners and keeping a base level of exposure to those you really believe in. I will never fully sell out of UXG, at least not until the upward move in gold and silver is over.

Any thoughts on picking up stock trading on the pink sheets? Its been a great run in mining stocks.

[bobbiemcgee]

Selling shares in my new ipo - Coffee Can National. You get a 33 oz. recycled Chock Full of Nuts can and a 6"x 6" plot of land in my backyard, guarded by pitbulls and our new Mgr. Snake Plissken. No limit on vertical depth (just like the mkt if no debt bill is passed). Other security measures are solicited.

[madness31]

Seems to be time to get back into gold/silver stocks and out of most of the rest. Avoid the financial industry at all costs. There will be another implosion within the next year, 2 max. The ripple effect obviously won't be good for most stocks but those shocks should be more temporary for most companies. Many financials will cease to exist, unless of course there is another bailout.

Seems as though they are up to their old tricks in the swaps market on PIIGS debt and Euro bank debt. Maybe they all hedge perfectly but it takes just one medium sized player to get the hedges wrong and the hole system comes down due to leverage. That is why the first bailout happened. If AIG was allowed to go under Goldman and the rest of the boys would have gone down in a domino effect.

Greece is bankrupt. The day of reckoning can be delayed but not avoided. Mathmatically the debt simply cannot be paid by the Greeks. You can't solve a debt problem with more debt. Never works and never will so additional loans only delay the inevitable.

The Fed of course is ready for more QE so get ready for another episode of commodity inflation. Buy gold/silver and energy to protect yourself from inflating prices. Wages certainly won't protect you. Broader stocks will probably rise with the QE but as soon as a government bankruptcy hits the market will take a dive. Gold might fall too, oil certainly will but should gold drop it will be the first to comeback and it might even soar on the news.

[muskienick]

The stock market is easy to beat --- just find out what muskienick did and either do nothing or (even better) do the opposite.

If. however, you want some looses to reduce your tax burden in the throes of a particularly good year, I can guarantee that for you.

[bobbiemcgee]

Banks will soon charge you to save cash:

http://www.bloomberg.com/news/2011-08-05/bny-mellon-makes-clients-pay-for-deposits-as-investors-seek-safety-in-cash.html

Things have changed a little, when as a Banker, I used to seek big deposits - haha

At Coffee Can National, we have no such fee.

How will the Dow do tmrw after the downgrade?

[GoMuskies]

Custody banks are a little different deal, though.

[bobbiemcgee]

Israeli market down 7.2 after falling thru circuit breakers and delayed opening.

[GoMuskies]

Run!

[boozehound]

Right now shorting the S&P 500 doesn't sound like too bad of an idea...

[GoMuskies]

Right now shorting the S&P 500 doesn't sound like too bad of an idea...

This would have been fantastic advice ten days ago. Where were you then?!?

[boozehound]

This would have been fantastic advice ten days ago. Where were you then?!?

My financial advisor has been preaching that for over a year now (at least). Not necessarily as an investment strategy but as a partial hedge against a significant market drop.

[XU 87]

Good news- Obama said that the U.S. will always be rated AAA despite what the ratings agencies say. What a relief. I expect that Dow will rise by at least a 1000 points tomorrow as a result of that reassurance.

[GuyFawkes38]

It's 10pm.

Dow futures are down 220 points, putting the Dow at 10,500. Yikes.

Edit: It's 10:11pm. Dow futures are now off 280 points. Not a good trend.

[madness31]

Hopefully many on here listened to those of us pushing gold investments. It is still a good time to buy gold but not as good as it was back then. The junior miners offer great potential as mining stocks will likely be held back by the stock market pullback. The majors will eventually begin buying the juniors to take advantage of the cheap gold. You may even see some private equity come in to take these companies private if valuations dip too far. Ease your way into the miners but by gold immediately. The reaction of gold to this mini crisis is a great indication for what gold will do when the next financial crisis hits. Europe will take down the US banking industry. Should the US government decide on another bank bailout it will further impact the debt problems of the government and bring further debt downgrades.

Sell into any stock rally and short any bank rally. The banks are finished but it could take a year or two to playout.

[pizza delivery]

Wouldn't it make the most sense to just buy some rental property for a while? The market is screwed, mortgages are low, housing is low, rentals are increasing as people can't afford their own or don't want the weight. How is this not the perfect real estate market?

[boozehound]

Wouldn't it make the most sense to just buy some rental property for a while? The market is screwed, mortgages are low, housing is low, rentals are increasing as people can't afford their own or don't want the weight. How is this not the perfect real estate market?

Not disagreeing with you, but making money on rental properties isn't always the easiest thing in the world to do. You either have to hire a management company, which eats into your profits, or deal with a lot of BS yourself (more or less depending on your tenants). It can be very easy to see a year or 2 worth of profits totally wiped out if your rental property goes vacant for several months.

Still, the idea of investing in tangible assets is a good one, IMHO. A lot of the people who made it big during the depression invested in tangible things like real estate, land, or starting a business of some kind.

[bourbonman]

I've been talking with my broker and we have believed this has been coming for a long time. Debt out of control in US. EU countries debt on the brink. US economy sluggish, at best, yet it's better than many other economies. And still the Dow was over 12,000. Yes, corporate profits were good, but how much was savings. How many were growing the top line?

[Juice]

I've been talking with my broker and we have believed this has been coming for a long time. Debt out of control in US. EU countries debt on the brink. US economy sluggish, at best, yet it's better than many other economies. And still the Dow was over 12,000. Yes, corporate profits were good, but how much was savings. How many were growing the top line?

I'm not a financial expert in the least but wasn't a lot of their profits driven by transferring jobs to Asia?

I think even Apple (the company that all liberals and hipsters love) sent a bunch of jobs to China and also cut some of their work force by using machines and moving jobs to China.

[Jumpy]

I'm not a financial expert in the least but wasn't a lot of their profits driven by transferring jobs to Asia?

I think even Apple (the company that all liberals and hipsters love) sent a bunch of jobs to China and also cut some of their work force by using machines and moving jobs to China.

All of Apple's manufacturing has been in China since before the first iPhone. Even their "strategic supply sourcing" is done largely in China.

[bourbonman]

Stop the insanity. The Dow's up over 200 points. I need it to go down another 1,000 and then I'm ready to buy. I want EVERYTHING on sale.

[GoMuskies]

The Dow's up over 200 points.

Dead cat bounce (I'm guessing).

[vee4xu]

I put a bunch of dough in the market today. Time to sit back and watch it raise.

[XU 87]

Hi Vee. Welcome back.

[vee4xu]

Thanks much, 87. Have to work on my typing skills to get myself ready for mid-season form. Not that they were so go to start.

[paulxu]

Stop the insanity. The Dow's up over 200 points. I need it to go down another 1,000 and then I'm ready to buy. I want EVERYTHING on sale.

They're giving it the old college try for you today.

[bourbonman]

They're giving it the old college try for you today.

Loving it. Down 300. Still think this sucker will drop into the 9000's. Won't try to time it, but there's still downside.

[paulxu]

They're still trying to help you!
If you did one of those straight-line peak charts, in theory it shouldn't be over 8000.

[bourbonman]

They're still trying to help you!
If you did one of those straight-line peak charts, in theory it shouldn't be over 8000.

Yep. And since I don't need to cash right now, I'm lovin' it.

[Kahns Krazy]

Wouldn't it make the most sense to just buy some rental property for a while? The market is screwed, mortgages are low, housing is low, rentals are increasing as people can't afford their own or don't want the weight. How is this not the perfect real estate market?

Rental property is not a good "for a while" option. Real estate is generally the least liquid and longest term investment you can possibly make.

[vee4xu]

Real estate is like any other asset class, liquidity notwithstanding. You make money when you buy it, not when you sell it.

[madness31]

Real estate will soon be a great investment. You can definitely get some bargains now but they will be a lot easier to find after the next banking collapse. Real estate may become very illiquid when the banks go down as most transactions could require cash purchases. The government may decide to keep lending alive but you will still have massive unemployment in the US. That is going to be a big problem for real estate investing. Finding quality tenants will be difficult when the next round of job losses hit. If the property is not an extreme bargain I'd pass on buying as an investment.

This is not an if the banks collapse scenario. The banks will fail when the European governments default on their debt. The default will happen but it will continue to be delayed as long as possible. I can't imagine they will be able to delay it more than 2 years and it could happen much sooner.

[paulxu]

That sounds like Snipageddon.

[bourbonman]

They're still trying to help you!
If you did one of those straight-line peak charts, in theory it shouldn't be over 8000.

Helping me todayby going down 400 points. Still plenty of room for it to go down.

[Kahns Krazy]

Real estate may become very illiquid when the banks go down as most transactions could require cash purchases. .

You may be more looney tunes than Snipe.

[X-band '01]

I feel I've learned more in economics just by reading posts from Snipe and Kahns than I did in my micro/macroeconomics classes at Xavier. Something is terribly wrong here.

[pizza delivery]

http://globaleconomicanalysis.blogspot.com/2011/08/another-lost-decade-coming-up-boomer.html?x#echocomments

historical data indicate a strong relationship between the age distribution of the u.s. Population and stock market performance. A key demographic trend is the aging of the baby boom generation. As they reach retirement age, they are likely to shift from buying stocks to selling their equity holdings to finance retirement. Statistical models suggest that this shift could be a factor holding down equity valuations over the next two decades.

fwiw

[pizza delivery]

duplicate

[bobbiemcgee]

Netflix must have really pissed some people off - 313 to 77 in a couple of months.:mad:

[PMI]

Netflix must have really pissed some people off - 313 to 77 in a couple of months.:mad:

I've never been a subscriber, but I know my brother dropped them last month because they raised his monthly bill pretty significantly. Maybe people are finding better (or free) ways to stream there entertainment online.

[GoMuskies]

I like Visa (V).

Found this thread by accident. Hope KK took bobbie's advice and put it all on V. Up a cool 1068% since the post.

The CDE recommendation that pickledpigsfeeet followed up with has....not fared so well.

Oh no, I read further and KK got into CDE but did not mention V!

[bobbiemcgee]

My wife has a proclivity to wear out their cards before the expiration date. I took this as a good sign.

[Smails]

My electric car positions have been killing it over the last 3 months. I still think they are good buys as they tend to ride the back of Tesla's news. NIO has been on fire the last couple months and it's on a dip right now. Might be a good time to get in. Check out:

NIO- Stock
LI- Stock
KARS- ETF

[Lloyd Braun]

A couple weeks ago I was doing some reading on various stocks and came across Zomedica (ZOM). They make thyroid tests for pets. I liked their business model and was convinced it would be a solid investment at $0.35/share. Then last Monday it went up to $1.30/share pretty quickly. Turns out this is why:
https://finance.yahoo.com/news/penny-stock-zomedica-jumps-250-after-someone-paid-netflix-star-carole-baskin-299-for-a-mention-225328904.html

I sold it at $1.25 mostly because the whole situation scared me off but still find it pretty wild that this even happened. Thanks Carole Baskin

FWIW I still believe the company will do well but who knows

[xavierj]

A couple weeks ago I was doing some reading on various stocks and came across Zomedica (ZOM). They make thyroid tests for pets. I liked their business model and was convinced it would be a solid investment at $0.35/share. Then last Monday it went up to $1.30/share pretty quickly. Turns out this is why:
https://finance.yahoo.com/news/penny-stock-zomedica-jumps-250-after-someone-paid-netflix-star-carole-baskin-299-for-a-mention-225328904.html

I sold it at $1.25 mostly because the whole situation scared me off but still find it pretty wild that this even happened. Thanks Carole Baskin

FWIW I still believe the company will do well but who knows

Here is some I bought in the last year and sold too quick. ZOM, PLUG, WKHS, PLTR, SPWR, and NVAX when COVID got before it blew up. Made money selling but left a lot on the table. Didn’t put a ton in but still I am an idiot. Bought all near there 52 week lows.

[JTG]

Got in on the electric vehicle stocks. Tesla, Nio, Switchback, and Churchill Capital. Tesla @ 850, expected to hit 1000. Nio at 57 expected to hit 100. Switchback may be a longer play. Churchill Capital could double by March if they merge with Lucid.

[GIMMFD]

A couple weeks ago I was doing some reading on various stocks and came across Zomedica (ZOM). They make thyroid tests for pets. I liked their business model and was convinced it would be a solid investment at $0.35/share. Then last Monday it went up to $1.30/share pretty quickly. Turns out this is why:
https://finance.yahoo.com/news/penny-stock-zomedica-jumps-250-after-someone-paid-netflix-star-carole-baskin-299-for-a-mention-225328904.html

I sold it at $1.25 mostly because the whole situation scared me off but still find it pretty wild that this even happened. Thanks Carole Baskin

FWIW I still believe the company will do well but who knows

Did the same recently with $DTIL and $HSTO, unfortunately $HSTO's trial is to be delayed by the FDA, but $DTIL got approval for a lymphoma drug, wish I woulda bought more at the $12.60 or whatever I bought at because it's currently sitting at $17+, other than that just going with the other obvious plays in green energy like $ICLN, $BETZ the gambling ETF, and sitting on some $MRO shares from forever ago at a average of $5.60 (now in the mid $8's), the market was fun to get into this year, but God knows that you could have just thrown some darts and probably made out well.

[Smails]

Got in on the electric vehicle stocks. Tesla, Nio, Switchback, and Churchill Capital. Tesla @ 850, expected to hit 1000. Nio at 57 expected to hit 100. Switchback may be a longer play. Churchill Capital could double by March if they merge with Lucid.

Tesla is too rich for my liking, but I have killed it on NIO over the last 6 months. Check out Li as well. It doesn't have the high target that NIO has but I think it's a good value right now.

[Tardy Turtle]

My wife bought Tesla in mid-2013, 20 @ $20. That $400 investment is now worth almost $85,000.

[JTG]

850 x 20 is not 85000. More like 17000.

[GoMuskies]

850 x 20 is not 85000. More like 17000.

5 for 1 stock split in August 2020. So those 20 shares would be 100 now.

[STL_XUfan]

Is anyone following the craziness with Game Stop right now? https://slate.com/technology/2021/01/gamestop-reddit-wallstreetbets-gme.html

Essentially a subreddit decided to screw with a hedge fun and it is just going crazy. I am not sure if this is good, bad, or indifferent, but it certainly is wild.

[cutterX]

Kind of funny. Short sellers are like the dbags betting the don't pass bet at a craps table.

[GoMuskies]

I haven't followed it closely, but I do know that when shit like this starts to happen it's usually time to run to safety.

[STL_XUfan]

Kind of funny. Short sellers are like the dbags betting the don't pass bet at a craps table.

I have one friend that takes a don't pass bets on his throw personally. He has been asked to leave a few downtown Vegas casinos for excessively shit talking the person making that bet (needless to say these incidents all happened after 2am and alcohol may have been involved).

[bobbiemcgee]

Is anyone following the craziness with Game Stop right now? https://slate.com/technology/2021/01/gamestop-reddit-wallstreetbets-gme.html

Essentially a subreddit decided to screw with a hedge fun and it is just going crazy. I am not sure if this is good, bad, or indifferent, but it certainly is wild.

Think a similar deal is going on with AMC. Will people ever go back to the movies? Huge losses last year and lots of shorts but apparently they can still borrow money. 2 this year, now 5.

[MHettel]

I have one friend that takes a don't pass bets on his throw personally. He has been asked to leave a few downtown Vegas casinos for excessively shit talking the person making that bet (needless to say these incidents all happened after 2am and alcohol may have been involved).

I don't even know you. don't call me a friend

[GoMuskies]

I think I'm going to sell everything tomorrow. This is tulip level absurd.

[paulxu]

I think I'm going to sell everything tomorrow. This is tulip level absurd.

Everything? That'll crash the market for sure.

[GoMuskies]

Everything? That'll crash the market for sure.

Well, just my FCOJ futures. You should see that crop report!

[paulxu]

Jaime Lee did look good

[STL_XUfan]

AMC closed yesterday at $4.96, looks like it is going to open north of $20.

GME (game stop) closed at $147 is going to open right around $250.

Highschool reddit users just became very interested in short term capital gain rates....

[GoMuskies]

The goofiest part of this may be the bump that AMC Networks got this morning (at least in the pre-market) because people mistook it for AMC Theaters.

[paulxu]

I think I'm going to sell everything tomorrow. This is tulip level absurd.

Did you take your own advice?

Meanwhile, Reddit (whatever that is) must be reeking havoc:


This week, Melvin Capital, a large hedge fund, needed a $2.75 billion investment after it lost a fortune betting that Gamestop’s stock would fall. Instead, purportedly due to the collective trading of the Reddit forum, the share price soared 400 percent this week.

[STL_XUfan]

Did you take your own advice?

Meanwhile, Reddit (whatever that is) must be reeking havoc:
https://www.reddit.com/r/wallstreetbets/

Most of these people are in for the "Lol's" of taking down a multi billion dollar hedge fund. At the end of the day they would like to make some money, but they are just as happy to be part of the meme.

[GoMuskies]

Did you take your own advice?



Wish I had, but it was kind of too late by this morning.

[Strange Brew]

https://www.reddit.com/r/wallstreetbets/

Most of these people are in for the "Lol's" of taking down a multi billion dollar hedge fund. At the end of the day they would like to make some money, but they are just as happy to be part of the meme.

I find it humorously poetic. Just wished they’d dressed in costume and thrown the stock receipts in a harbor.

[GoMuskies]

Today was a good day to get NAKD. I mean, aren't they all?

[chico]

Well, just my FCOJ futures. You should see that crop report!

Where the hell is Beeks?!?

[xu82]

Where the hell is Beeks?!?

He’s on his honeymoon with a giant and amorous, but furry, new lover!

[Strange Brew]

https://www.reddit.com/r/wallstreetbets/

Most of these people are in for the "Lol's" of taking down a multi billion dollar hedge fund. At the end of the day they would like to make some money, but they are just as happy to be part of the meme.

Annnd the Reddit subgroup has been shutdown.

[STL_XUfan]

Annnd the Reddit subgroup has been shutdown.

They went private for a bit because of being overloaded. But they appear to be back up and public.

[Strange Brew]

They went private for a bit because of being overloaded. But they appear to be back up and public.

Good to hear.

[STL_XUfan]

Looking like Gamestop is going to open this morning just shy of $500.00. This stock was at $18.00 at the start of the year and $40 just a week ago.

[paulxu]

For all you players, maybe this is some explanation of the craziness:

https://marketsweekly.ghost.io/what-happened-with-gamestop/

[Smails]

Looking like Gamestop is going to open this morning just shy of $500.00. This stock was at $18.00 at the start of the year and $40 just a week ago.

Complete insanity if you are following GameStop today. They've halted trading on it every time it starts to rally and some platforms are only allowing sell orders. Currently off 192 points and down 55% to $155..cray cray

[GoMuskies]

Did you take your own advice?

Not everything, but I am taking advantage of an up day to trim some of the holdings that are more volatile. I think consumer product companies, REITs and (profitable) retail companies of the world are probably going to be largely unaffected by all this turmoil.

[Strange Brew]

Complete insanity if you are following GameStop today. They've halted trading on it every time it starts to rally and some platforms are only allowing sell orders. Currently off 192 points and down 55% to $155..cray cray

Hate this unless the company has halted trading. It's a free market and sometimes the little guys stick it to the Mortimors and Randolphs.

[STL_XUfan]

Complete insanity if you are following GameStop today. They've halted trading on it every time it starts to rally and some platforms are only allowing sell orders. Currently off 192 points and down 55% to $155..cray cray

There are going to be some interesting lawsuit that come out of what platforms like Robinhood are doing.

Everyone on r/wallstreetbets took a huge gamble that they could beat what they see as a rigged system (and they still might), but they shouldn't be surprised to discover that the rigged system they are betting against may just be rigged against them.

[Tardy Turtle]

https://i.makeagif.com/media/6-24-2016/gFQTKw.gif

[bobbiemcgee]

Can't buy Gamestop, you can only sell. Weird.

[GoMuskies]

Yes, "weird".

[drudy23]

The masses always hold the power, they just don't realize it.

I, for one, love it when they realize it and things like this happen.

A larger segment of society (but still small) is finally opening their eyes about not playing by someone else's rules.

[Strange Brew]

The masses always hold the power, they just don't realize it.

I, for one, love it when they realize it and things like this happen.

A larger segment of society (but still small) is finally opening their eyes about not playing by someone else's rules.

"Fight the Powers that be!", Public Enemy

[xu82]

Can't buy Gamestop, you can only sell. Weird.

Not to mention......”tricky”.

[Strange Brew]

Not to mention......”tricky”.

Run DMC. I see what you did there.

[Strange Brew]

Wow, Leon Cooperman. At least he’s honest.

[paulxu]

Short-sellers with a bearish position in GME were on track to lose more than $7.8 billion today, according to research from S3 Partners.

Oops.

[bobbiemcgee]

“He who sells what isn’t his’n, must buy it back or go to prison.”

[Strange Brew]

Oops.

, they did it again. Hilarious....

[drudy23]

, they did it again. Hilarious....

I don't think it's over.

[Strange Brew]

I don't think it's over.

Nothing is over until we decide it is (compliments to Bluto)!

[STL_XUfan]

Maybe this should be posted in the degenerate gambler thread, but it appears that meme stocks are doing their thing again.

After the last time, I bought some of the dip of GME just for the hell of it, and it is has been a fun ride.

[drudy23]

Maybe this should be posted in the degenerate gambler thread, but it appears that meme stocks are doing their thing again.

After the last time, I bought some of the dip of GME just for the hell of it, and it is has been a fun ride.

I've been following this a little bit, and while on the surface it seems like a bunch of renegades with a purpose, if you dig into the details they have exposed some pretty serious garbage from hedge funds (unprecedented naked shorting of companies, allegedly up to 3-4x the approved amount of shares, which is highly illegal). I can't imagine how government and big money can get away with this, but they do - these guys have put a spotlight on some things any regular investor should be pissed about in a free market.