Ether_Snake
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Yeah today it was unusually close.
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
EmptySpace
Banned
i said if i ever start investing, i would put my money first on ddd. now i am about to start, but what happened to ddd?
now i'm kinda sad.
Ether_Snake
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It's like when you zoom with a camera: the further you zoom, the more the image will move as a result of small movements.
The 3D sector is developing based on anticipation of future growth, but the road is bumpy. Growth rate seems good, but expenses are high and risky.
I think starting to invest by investing in that sector is dangerous. I expect DDD and SSYS to continue to fall until mergers or butouts happen.
The 3D sector is developing based on anticipation of future growth, but the road is bumpy. Growth rate seems good, but expenses are high and risky.
I think starting to invest by investing in that sector is dangerous. I expect DDD and SSYS to continue to fall until mergers or butouts happen.
I'm thinking the very opposite. I found it insane to invest in those back when they were high-flying stocks and everyone here was talking about them. Now? They've fallen back to earth with surprisingly reasonable valuations with still-good growth prospects. The issues these companies have had strike me as a mix of short-term problems coupled with unreasonably high expectations, not as a long-term threat to their future prospects.
Now I've gotten burned before trying to catch falling knives so I'll be waiting to see if they stabilize, but I'm definitely keeping an eye on DDD and especially SSYS.
The sector still shows a ton of promise, it's just adoption that's taking a little longer than expected.
Ether_Snake
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I agree, I own both. I just they'll continue to get hammered. Matbe I'm just pessimistic
vpance
Member
Remembered some talk about OVAS in here. Now it's at 25 down from highs of 55 in March. I know nothing about the company but the chart tells me it could be worth a shot. Sometimes I get bloodied a bit but I like these trying these plays where the stock comes back to the mean eg. a 50-70% drop after a steady move up
Ether_Snake
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Well careful, it's extremely volatile.
What I like is just that it's a company involved in the fertility side of healthcare, and to me that will be huge in the future, as women/couples will want to push pregnancies to their 30s without risk. But what it really means is that women will resort to their services even if they decide to have children when they are younger. It is basically a form of insurance that whatever happens in the near term, you have the chance to eventually have kids even later in life. So it's not like it's just for women with fertility issues, it's for every woman. So down the line, I think the sector will be really big. That companies like Google/Facebook/Apple/whoever are now providing those services to their employees indicates it's becoming a company perk.
But when it comes to this company in particular, who knows, I'm unable to make that judgement. I just predicted the fall. Personally, I'd like to get some, but I'm not playing with risky stocks right now.
Recently bought AAPL and ADSK.
vpance
Member
Sounds promising. If I do get some it'll definitely be via options to limit potential losses. Looking at the chart it could pull a DDD and bounce up for a few weeks, then continue lower. I'm hoping it'll be more like an NFLX in '12 or FB in '13 type thing.
This year I've tried this play on a couple stocks but so far I've only had real success with Sony and some Chinese solars. I think because both are international companies or tied less to what the US markets are doing is why they worked out better. Everything else has just been faking out or chopping in a range the last few months.
This year I've tried this play on a couple stocks but so far I've only had real success with Sony and some Chinese solars. I think because both are international companies or tied less to what the US markets are doing is why they worked out better. Everything else has just been faking out or chopping in a range the last few months.
°°ToMmY°°;163693762 said:
Intel seems to be stuck around 30-35$, not sure why they should go higher anytime soon if they don't put more effort into mobile.
Amazon is still a safe bet I think.
Take Two earnings after close today. You guys were right, stock market really does not like that company. Will wathc it closely and hope to instantly buy some stock when I see that they beat earnings. Because in this case I'm pretty optimistic espcially with RDR2 at e3 (hopefully). Although the stock is dropping for the last few weeks.
Ether_Snake
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Yep I held T2 for a few days then sold at the same price. I think it's somewhat undevalued and still a good acquisition target because it's doubtful that they can grow outside of a handful of brands, so I think investors wouldn't oppose another offer. Can they go lower? Who knows, it seems the GTAV hype money left the stock recently, so I think it's probably close to a fair valuation right now, there's room for positive surprise, but I dont see much for bad ones. Difficult call to make a few hours before earnings.
I was thinking IoT (internet of things) would give them a push upwards. They missed mobile big time and i feel they don't wanna miss this next wave of computing. Plus it appears the tablet market is contrapting and people are turning back to computers where intel has the iron grip.
I bought a few shares of intel, not expecting to make big profits, but getting something back as i had some dollars sitting there unused.
I don't know much about amazon, it seems to me too much of a me too company trying to enter every market they can, but not really leading the way in anything they do.
The tax implication is a positive one actually. Usually when foreigners get dividends from US companies it's subject to a withholding tax (of about 15%). But when you hold US securities in an RRSP they are exempt from that withholding tax. (You might have to fill out a form with the IRS to get that exemption, but your brokerage has probably taken care of that already).
I'm not aware about any extra paperwork with the CRA, but I don't have an RRSP, so what do I know.
Melon Husk
Member
3D Systems (DDD) seems to have bottomed out. The worst is over for these little 3D printer stocks? (I don't have investments in them.)
Ether_Snake
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No way to know really, and I hate the timing of a risky stock bottoming at a market high. If markets were to go down, I think it would be hit hard.
I've pulled out of a lot of stuff recently, sold maybe 35% of my portfolio and will reinvest in increments once a month. I prefer to do this than just hold and have no money to invest because otherwise I get too weighted on the past.
Basically I cash out and average over time. I feel that it's the right thing to do with markets so high.
I've pulled out of a lot of stuff recently, sold maybe 35% of my portfolio and will reinvest in increments once a month. I prefer to do this than just hold and have no money to invest because otherwise I get too weighted on the past.
Basically I cash out and average over time. I feel that it's the right thing to do with markets so high.
There shouldn't be any extra paperwork with the CRA at all, that should be all automated, given that when you open an RRSP it's already registered with the CRA.
Also just FYI you can declare RRSP contributions ANYTIME, you don't HAVE to declare them next year. You can wait for a better year, too. (if you want only, ofc lol)
Ah, ok so I can open a RRSP account in USD with Questrade and buy American stocks without any difference in terms of tax declaration ? I'll get the typical RRSP income slip every february and I just have to put those in my tax forms and it's all good to go ? No need to do anything with IRS or whatever ? That's pretty sweet. I might do that when the CAD/USD exchange rate becomes more favourable, haha. I will put in more USD in there and start investing in there as well !
Ether_Snake
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Welp, so much for not holding TTWO. Up 14%, d'oh.
Hoping ADSK does fine tonight...
Hoping ADSK does fine tonight...
Think it just went through the roof because so many people were short before the annoucement and tried to cover.Was able to grab some with my german live trading broker right before or maybe even after it was halted. Saw the first positive news on $ttwo twitter stream and clicked buy (you are guaranteed the shown price for 5 seconds then you have to refresh for a new offer). Was scared as shit when I saw that it was halted because from the first mention it wasn't completly clear that they beat. Got lucky this time, but I won't do this again with not a least a few more tweets about it or one trustworthy.
What do you guys think about Google and the upcoming io? I think I will buy something in the evening. If it drops due to a weak presentation I will just hold it forever. Really like google, should have bought when it was down a few days ago.
Ether_Snake
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I prefer FB to Google, I explained why before but it basically boils down to FB are part of their users, they're already in the house. Google is just trying to get in, knocking at the door. Without a good social network platform, I think they will continue to face difficulties competing, so FB has the open field, which pushes Google to be left to compete with Amazon, who have another thing Google doesn't with the online retail sales. Also, they have been a big target for regulators in the EU, and even if FB isn't immune to this.
Unknown Soldier
Member
°°ToMmY°°;163693762 said:
Intel's had some nice growth the last few years but they've stalled a bit since then. If you're willing to hold like a really long time, you could see where they go. They aren't much of a growth stock right now.
I sold all my Qualcomm earlier this year. nope.avi
Amazon's a weird stock, you either believe in their strategy of zero-to-negative profits and constant growth and expansion or you don't. They've been up a fair amount recently but the best time to buy Amazon is after a quarterly earnings report where they report yet another loss and a bunch of people sell, causing it drop. Buy in then if you're interested.
Ether_Snake
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TAN down 8% because it held a big share of a big Chinese solar company that tanked 50% in a few hours, probably when a big investor cashed out like a gambler. Why the heck is TAN holding such a huge share of one company is mind-bogling, wtf.
21st century cowboy
Member
I live in the UK. I work for a execution only broker and have opened up a staff account to deal. Commission is good but they are cracking down us trading in work times so I need to open an account with another company.
A company called X-O seem to be the cheapest (£5.95)but I can't see many reviews. Does anyone have any experience with them or can suggest another company? I really want a no frills service as I can use my own companies tools for the info I need.
A company called X-O seem to be the cheapest (£5.95)but I can't see many reviews. Does anyone have any experience with them or can suggest another company? I really want a no frills service as I can use my own companies tools for the info I need.
Ether_Snake
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Randy Lanzarote
Member
I use X-O, had a few issues with them when they upgraded their website a few years ago, otherwise its fine. No frills and pretty basic interface, but it does the job (which sounds like what you want!)
vpance
Member
I have never seen trader blogs and forums more bearish in a long time, everyone calling for tops and people trying to short every move up. And I'm seeing a lot of crash headlined articles floating around too. Just have to remember that the mainstream is rarely right. Anyways, I think we'll have our answer on the longer term direction depending on the action within the next 2 weeks.
Ether_Snake
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Markets drop because the data is good, indicating a fed rate hike. Talk about not trusting the fed and thinking believing all of this was a bubble.
As a noob to all of this, what's happening? Why did I lose so much money today? Is it going to get worse?
The market is pretty silly and volatile in the short term. Try not to worry about these small day-to-day fluctuations.
So I have 49 units of XAW and $20.36 in cash in my account. Since Questrade has free ETF buys I've put in a limit order for 1 unit of XAW at $20.35. With luck I'll have an even 50 units of XAW soon
Thanks. I keep hearing that, but it's hard for me to just leave it be and not pay attention. I first invested in October, and I'm back down to even again after today.
I'm a daily checker too, I can't help it. Just make sure you don't act on the day-to-day volatility. You'll just have to learn how to absorb the bad days and not go crazy.
EmptySpace
Banned
reposting
so i just bought my first securities, as per couch potato.
as of today, total of 5k canadian
2k for tdb900 cdn indx
2k for tdb901 us indx
1k for tdb911 intl indx
i plan on putting another 5k. the 3k that i put in last week will be accessible tomorrow, so another 2k.
my plan for the next 5k
1k for xaw ishares all country except canada etf
1k split between sune and scty
1k split between ssys and ddd
1k split between cgnx and mkto
1k for isrg
any suggestions/concerns/recommendations?
btw, i am clueless about investing, just to be clear.
oh and the target is, by the end of the year i would've invested 20k. now, i was planning on doing dollar cost averaging but i'm too excited to just buy buy buy. gah. it was going to be, 5k for those 3 and any succeeding 5k will be put in those initial 3 index funds.
so i just bought my first securities, as per couch potato.
as of today, total of 5k canadian
2k for tdb900 cdn indx
2k for tdb901 us indx
1k for tdb911 intl indx
i plan on putting another 5k. the 3k that i put in last week will be accessible tomorrow, so another 2k.
my plan for the next 5k
1k for xaw ishares all country except canada etf
1k split between sune and scty
1k split between ssys and ddd
1k split between cgnx and mkto
1k for isrg
any suggestions/concerns/recommendations?
btw, i am clueless about investing, just to be clear.
oh and the target is, by the end of the year i would've invested 20k. now, i was planning on doing dollar cost averaging but i'm too excited to just buy buy buy. gah. it was going to be, 5k for those 3 and any succeeding 5k will be put in those initial 3 index funds.
I'm trying
How are you even since October? What did you invest in oO, I'm way up since October
Mutual funds
which ones? The S&P is up 6-7% since October so if you're sitting at 0% something is wrong.
SAEMX, SAXIX, SAISX, SAHMX, SAREX, SAMKX, SAUFX, SAUMX, SABTX. I suppose if you ignore the commissions then I'm up a bit. Now that I think about it, it was in September. Dunno if that makes a difference.
But knowing now that the S&P is up that much, I'm kind of upset.
Unknown Soldier
Member
It's really, really hard for the average investor to beat the S&P 500. That's why the lazy investor just buys an index fund and is done with it.
anonymous_abc
Member
It's got little to do with lazy....
This guy's pretty badass, actually. At least what he's done for family. But I'm concerned about my portfolio.
not much, S&P is up 6% since beginning of September...
I have all my money in index funds and I'm at around 15%...
Fuckin' a. How long?
no that's what I mean, that's since September...
anonymous_abc
Member
:O
Halp
Just buy cheap total market index funds.