RumblingRosco
Member
-
-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
It's just being assigned "tech growth stock' status, and being sustained by momentum chasers, traders, and true believers. The first sign of bad news though and you'll see sharp volatility.
Stocks like this definitely have their usefulness though. I'm sure it'll be a good stock to buy on extremely steep selloffs, or to short on obvious excess buying. Trade around the position (If that's your trading style).
FlashFlooder
Member
They actually lose (lots of) money. They were smart to price it relatively low, but at this point you've got to lump it in with the other internet darling companies that can't figure out how to make money (P, LNKD, YELP, etc..)
Which is not to say anything about those stocks' recent performance, but I have a feeling we've got a bit of an internet bubble 2.0 going on here.
Agreed. Going to short the shit out of this. Should be a solid money maker.
No way LNKD is in the same class as the others. Yes, it's ridiculously expensive, but its business model of selling subscriotions to headhunters and jobseekers is actually very profitable. It's not losing money.
FlashFlooder
Member
My mistake. You're right it shouldn't be lumped in with the others, since they do actually turn a profit. But it is overpriced, like the others, and riding high mostly on expected future growth.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Solar City tumbled 15% today even though it totally beat earnings, but I added when it was down 15% and now it's at -11% so, good.
Tesla I have no doubt will continue to fall, full of average joes holding that stock, like Apple. But I could not not buy yesterday, I'll add again later but just as with SCTY when there are sudden sharp drops in a company I believe in I have to add some.
Tesla I have no doubt will continue to fall, full of average joes holding that stock, like Apple. But I could not not buy yesterday, I'll add again later but just as with SCTY when there are sudden sharp drops in a company I believe in I have to add some.
Yeah, that we agree on. For me it's a case of a great company at the wrong price.
I'm mostly staying away from high-fliers like TWTR, FB, TSLA and NFLX. The most expensive stocks I own are MA and SODA, respectively at PEs of 29 and 22. Above that, I get uneasy about buying.
Cow Mengde
Banned
Whoa, this page read my mind. I've been thinking of 3D printing companies and considering Tesla and Twitter stocks. I want to keep an eye out on these as well. I'm taking a wait and see approach with Tesla myself.
I have no real thoughts on Twitter other than a gut feeling that if I buy in the IPO, it'll drop cause of my shitty luck. No, this is hardly scientific or rational.
I have no real thoughts on Twitter other than a gut feeling that if I buy in the IPO, it'll drop cause of my shitty luck. No, this is hardly scientific or rational.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Wasn't Disney's earnings tonight?
edit: nevermind, found it. That's Solar City and Disney which beat earnings and still the stock goes down
Shitty day for me (day's loss in red)!
edit: nevermind, found it. That's Solar City and Disney which beat earnings and still the stock goes down
Shitty day for me (day's loss in red)!
luckyboyceo
Member
Shitty day for just about all of us I'd imagine. I can't even bare to look at my portfolio.
RumblingRosco
Member
-
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Mine was down 3%!
luckyboyceo
Member
Fuck it, I just looked. -3.3%. YUCK.
Cow Mengde
Banned
Anyone manage to buy Twitter today? Holy shit man.
Well, my transition to 100% stocks will be complete tomorrow. Goodbye bonds and your shitty returns stagnating my Roth IRA. Don't worry though, I will see you in 25 years when you actually become useful to me.
Now, If only my left over individual stocks would actually not continue to suck (sold the good ones). I don't want to sell them because it makes no sense for me tax wise, but man, its just annoying seeing both of them down 50%. Well, least I didnt put a lot of money into them, and who knows, they could actually earn some gains in a few years (about when I would consider selling them). So yes, no more fun money account for me, because even when i picked winners I really didn't find it fun.
As for Twitter, well, I just don't see it. I could understand if they were investing their earnings back into their business, but from what Ive heard is that they simply aren't making money. To me its just a famous, sexy stock that is going to tank once the glitz wears off because it can't earn money without ruining its product.
Now, If only my left over individual stocks would actually not continue to suck (sold the good ones). I don't want to sell them because it makes no sense for me tax wise, but man, its just annoying seeing both of them down 50%. Well, least I didnt put a lot of money into them, and who knows, they could actually earn some gains in a few years (about when I would consider selling them). So yes, no more fun money account for me, because even when i picked winners I really didn't find it fun.
As for Twitter, well, I just don't see it. I could understand if they were investing their earnings back into their business, but from what Ive heard is that they simply aren't making money. To me its just a famous, sexy stock that is going to tank once the glitz wears off because it can't earn money without ruining its product.
RumblingRosco
Member
-
Cow Mengde
Banned
The way I see it is if you find one with good price and earning, buy it now, but don't hold on to it long term. If you can make some profit, sell it and continue to watch the companies fight it out. Might take a few years to see a clear winner.
Cow Mengde
Banned
I'm not good at timing markets either. I don't even try to time it because I can't. I buy based on price and earnings for companies I'm unsure about. I dump it when I make some profit. This isn't a foolproof strategy by any means, but buy and run is best I can come up with.
luckyboyceo
Member
Be careful with that. The stock is super volatile right now since it's so fresh. I think it's going to drop a little further before it starts charging forwards.
I'm staying away but I already have plenty of new-tech/social media stuff in my portfolio right now. Play it smart, don't get caught up in the hype.
I was just browsing around and this thread caught my eye. I have $500 right now to spend, is there any chance I'd be able to turn this into an investment? I know close to nothing about stocks but I'm really looking to make some money on the side because bills are really piling up. I'm going to read the OP and do some research but after reading through many of your posts, seems like I'll need more then $500 to make any soft of profit.
RumblingRosco
Member
-
MesserWolf
Member
Put in the stock market money that you do not need in the short term
500$ is something to start, but will not bring you any real profit due to the commission etc etc, unless you use leverage . not advisable for somebody with no knowledge or experience of the stock market.
start playing with a virtual wallet, so when you will have some savings (more than 500$ with bills piling up) you will know your way around the market.
The big problem is you can't diversify without taking a big hit in fees.
Even if you take a huge gamble and invest it all in one stock and the price doubles you've made an extra $500. Presumably a large portion of which won't be reinvested but instead used to pay bills. Harder to diversify, the rewards are smaller, and harder to reinvest and keep the momentum going.
Hey a few questions, been lurking this thread for a while. I don't have a lot to invest at this point (college student), but since you guys mentioned stock simulators to play around in for when you do have money to invest I was wondering if you guys could recommend any good ones.
Investopedia has a great one where you can sort of compete with other users.
Speaking of which, it's been a long time since we've had a GAF game, no? I'd be in for another one.
yes, lets do it...someone kind of found a loophole tho and was destroying everyone on aapl options last game
The 15-Stock Diversification Myth
Some of you might find that interesting. It discusses how many stocks you have to own for diversification.
Some of you might find that interesting. It discusses how many stocks you have to own for diversification.
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
I bought VJET on the day after the IPO. Already up 50%. Too bad I only put $600 on it:|
FlashFlooder
Member
Any of my old ARNA brethren still holding? I (foolishly, should've sold in the teens) am still holding a boatload, and the stock is currently making a nice recovery run on the back of their recent expanded partnership with Eisai announcement.
With two solid days of high volume, double digit growth, I think the worst is behind us... but you never know with this stock. The fact that nearly 1/4 of outsanding shares are short might make the next couple weeks very interesting.
With two solid days of high volume, double digit growth, I think the worst is behind us... but you never know with this stock. The fact that nearly 1/4 of outsanding shares are short might make the next couple weeks very interesting.
I'm considering UNXL for a buy. Stock's beaten up, cheap if it can meet demand, expensive if it can't, which is really the question here. High short interest due to this uncertainty, so there's potential for a short squeeze.
Thing is, even if it can't ramp up enough to meet demand and profit expectations, I'm thinking it's kind of a nice problem to have and the money will just roll in slightly later.
Any thoughts on it?
Thing is, even if it can't ramp up enough to meet demand and profit expectations, I'm thinking it's kind of a nice problem to have and the money will just roll in slightly later.
Any thoughts on it?
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
How do you find out this info about a company?
FlashFlooder
Member
Short Interest is released bi-weekly, but the data trails by about a month.
It's available right on nasdaq.com (I assume the other exchanges have a similar setup):
http://www.nasdaq.com/quotes/short-interest.aspx
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
How do you see that as a percentage?
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
Poor Tesla:~|
poor me
Ether_Snake
å®å®å®å®å®å®å®å®å®å®å®å®å®å®å®
I added to SSYS and DDD. I can't add to Tesla, I already did last week and it weights enough in my portfolio at the moment. Not sure what to cost average next, maybe Nike.
Soka: Do you still own some CAE? I'm up 12% on it, after all these years At least I have been collecting dividend all along.
Soka: Do you still own some CAE? I'm up 12% on it, after all these years
At least I have been collecting dividend all along.RumblingRosco
Member
-