• 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!

M

Mrbob

Member
Yeah that is what happens sometimes. Even if the company is showing good growth if it is below expectations people overreact. Beauty of the stock market. If only every company could be Tesla.

Though I'm starting to think some overreacted to a sell the news event ah as it is slowly moving back up. Buyers coming in.

Edit my NVAX bro Cold Pizza got banned? Dang.

edit2:. Listening to wgbs conference call shareholders going to be able to vote on merger. Guidance dropped from 12 to 13 million to 10 to 12 million. Lowered guidance sucks but merger price should still be above what todays price was. With at least 9 million revenue merger price should be above 1.30. Long play still holds unless shareholders vote no. I don't see why though.

Edit2.1:. Conference call someone asked if Takara could walk away from merger and the answer was no.

Edit 2.3 oh my some of these questions are so dumb lol

Edit 2.4 CFO basically said there weren't other options beyond the merger. Weird. Well whatever guess I'm sitting on these shares until merger.
 
M

Mrbob

Member
Damn, think I waited too long to get back into sphs. I mean I have minimal shares right now but not many.... they released an earnings statement today not a traditional earnings report. They won't have one. Statement didn't say buyout but man the way it's worded is interesting. Can't really recommend chasing either unless you like to gamble. Probably best to stay away.

If no buyout at the very least I'm guessing a partnership.

EDIT: Looked over report again nothing really new said.
 
C

ClosingADoor

Member
Do not set your stop limit so tight. Every time... Why am I so afraid to lose out on any small gain. Well, at least the weeks groceries are paid for by BMW I guess.
 
C

ClosingADoor

Member
Mrbob said:
What happened?
Click to expand...
Pretty much every time I think "I'll wait with selling until price X". Then when it gets along for a bit I set a stop limit to lock in the profit. Of course it then always goes down to just that price and back up and bit higher again, reaching my original target later.

But nobody got any poorer by taking profits, so it's OK.
 
M

Mrbob

Member
ClosingADoor said:
Pretty much every time I think "I'll wait with selling until price X". Then when it gets along for a bit I set a stop limit to lock in the profit. Of course it then always goes down to just that price and back up and bit higher again, reaching my original target later.

But nobody got any poorer by taking profits, so it's OK.
Click to expand...

Oh yeah I should find a link about computers and how hedge funds basically cheat to grab stops from retail investors. They have these computer algorithms that will go down to grab a stop and then move the stock price back up. It's a shady tactic and why your stop gets taken out.
 
M

Maybesew

Member
My earnings plays have been working, so I sold another straddle in SLW. I figured their report would be out by now, but still nothing. Also playing Macy's and Kohls which report in the morning.

With this move up in the bonds today, I put on a call ratio spread that expires in 16 days. If we stick around these levels or head lower, it should be a nice trade in a short amount of time.
 
vpance

vpance

Member
Mrbob said:
Damn, think I waited too long to get back into sphs. I mean I have minimal shares right now but not many.... they released an earnings statement today not a traditional earnings report. They won't have one. Statement didn't say buyout but man the way it's worded is interesting. Can't really recommend chasing either unless you like to gamble. Probably best to stay away.

If no buyout at the very least I'm guessing a partnership.

EDIT: Looked over report again nothing really new said.
Click to expand...

Wait for the reaction at the lower line. Probably sometime next week

VfT1EJq.jpg
Click to expand...
 
M

Mrbob

Member
Thanks for the chart.

So mad I didn't invest in Nvidia at 20 bucks....3 times the value now with another earnings beat. Could have put all my investment money in that one stock and made couple hundred percent haha, oh well. That stock chart is a skyrocket right now, curious to see how high it can go.
 
M

Maybesew

Member
Mrbob said:
Thanks for the chart.

So mad I didn't invest in Nvidia at 20 bucks....3 times the value now with another earnings beat. Could have put all my investment money in that one stock and made 300% haha, oh well. That stock chart is a skyrocket right now, curious to see how high it can go.
Click to expand...

I sold a put and a jade lizard today for earnings. The put will be a home run, the jade lizard will either be a home run or a small winner depending on where it opens in the morning.
 
M

Mrbob

Member
Nice. I wonder how high the stock price can go....it is basically the new darling of Wall Street for a growth stock. Not saying it will happen but I wouldn't be surprised if Nvidia stock goes over 100. I'd love to invest but that chart is so scary looking.
 
C

ClosingADoor

Member
Mrbob said:
Oh yeah I should find a link about computers and how hedge funds basically cheat to grab stops from retail investors. They have these computer algorithms that will go down to grab a stop and then move the stock price back up. It's a shady tactic and why your stop gets taken out.
Click to expand...
Aren't like 95% of transaction in the financial markets these automatic traded one just doing it by themselves? Kind of stupid if you think about it, machines trading with machines and we are just lifting along.
 
M

Maybesew

Member
Mrbob said:
Nice. I wonder how high the stock price can go....it is basically the new darling of Wall Street for a growth stock. Not saying it will happen but I wouldn't be surprised if Nvidia stock goes over 100. I'd love to invest but that chart is so scary looking.
Click to expand...

As of today, its a 31 Billion dollar company in terms of market cap. At 100 that would be around 50 billion. That would still be less than a third the size of intel. I'd say it's possible as long as they keep beating estimates. If they are really providing the chips in the NX, and the NX turns out to be a hit, wall street would really spin that story in NVDA's favor
 
U

Unknown Soldier

Member
Mrbob said:
Nice. I wonder how high the stock price can go....it is basically the new darling of Wall Street for a growth stock. Not saying it will happen but I wouldn't be surprised if Nvidia stock goes over 100. I'd love to invest but that chart is so scary looking.
Click to expand...

My very first shares of Nvidia were bought in 2012 at a price of $12.30. What a long, strange trip it has been.

Honestly I feel like Nvidia still has nowhere to go but up. They are leaving their declining gaming dGPU market behind in a big way with huge growth ahead in new markets. Just 2 years ago, gaming segment was 85% of their revenue. Now it's down to 55%, not because gaming is declining, but because their new markets are exploding.

After years of steadily investing money, it really seems like after years of failure in finding someone in consumer-facing markets that wanted Tegra technology, Nvidia has hit gold putting it in self-driving cars and it's going to be absolutely massive the next 5-10 years. Tesla recently ditched Mobileye after the accident during Autopilot and the rumors are that Nvidia DRIVE PX2 is now at the top of the list for integration into future Teslas, including the mass-market Model 3.

Of course Nvidia has huge presence in supercomputing and more or less controls the niche but very profitable workstation and pro-rendering markets. They are also now a big player in deep learning and neural networks AI research, both of which are also poised to become massive in the next 5-10 years.

I'm probably going to push more into my Nvidia stake in the days ahead. I bought at $12, $19, $22, $35, and $47 and every time I wondered if I was getting in at the peak. Now I don't give a fuck, I'm going to ride this train until it either derails in a fiery wreck or the train delivers me to an early retirement in the Caribbean.
 
R

RMI

Banned
first time posting in this thread, so hi!

very happy to see stupid BABA finally coming back. It has been a long road from watching it plunge down to like $57 last year during the chinese market crash, so glad my patience is paying off now.

DIS and SBUX continue to disappoint me, however, but I'm pretty happy with my investments after a rough year.
 
vpance

vpance

Member
Mrbob said:
Thanks for the chart.

So mad I didn't invest in Nvidia at 20 bucks....3 times the value now with another earnings beat. Could have put all my investment money in that one stock and made couple hundred percent haha, oh well. That stock chart is a skyrocket right now, curious to see how high it can go.
Click to expand...

Same here. Called the low back in Feb but decided not to load the boat on it and went with other picks 😑. Still, doing more than alright for the year though. That's all that matters.
 
M

Maybesew

Member
British Pound futures hitting all time low levels that they were at just after the brexit vote. I scalped some this morning, thinking about dipping back in.
 
U

Usobuko

Banned
RMI said:
first time posting in this thread, so hi!

very happy to see stupid BABA finally coming back. It has been a long road from watching it plunge down to like $57 last year during the chinese market crash, so glad my patience is paying off now.

DIS and SBUX continue to disappoint me, however, but I'm pretty happy with my investments after a rough year.
Click to expand...

I like Baba for one reason, they and the other 2 Internet company has like a monopoly on China Internet copycats.

I'm glad I pick them up at $65 when it drops this year.
 
M

Mrbob

Member
I can't argue against the bullish case for Nvidia. If there is a pullback after the earnings surge i might consider dumping a considerable amount of my non retirement etf investment into it even with the scary chart. I can't think of anything slowing down the stock outside of a market crash.


Ironically I believe I'm holding onto a similar stock in the biotech space. EXEL kind of crushed it in their last earnings and are transitioning from a clinical stage company to a commercial one. They are still developing (with another big phase 3 result in 2017) but have a product on the market now. Drug sales for their Cabo drug was like 4 times expectations. They seem to have their act together. Still like to see that stock cool off to the 9s before buying in, but i think it can still run much higher than the 10 dollar price it is at right now. Need them to deliver above expectations on next earnings though so it becomes a trend.

It is tough enough to try and pick individual stocks. The two stock portfolio of Nvidia and EXEL has crossed my mind. Put money into companies that are looking like proven winners.

ClosingADoor said:
Aren't like 95% of transaction in the financial markets these automatic traded one just doing it by themselves? Kind of stupid if you think about it, machines trading with machines and we are just lifting along.
Click to expand...
I don't know what the exact percentage is, someone else might know. For some reason 40% sticks in my head. Machines were responsible for the flash crash we had last August but I don't know if the sec gave a report on that yet. Kind of scary when thinking about it. Wouldn't be surprised if our next stock market crash is completely machine driven.
 
A

Ape

Banned
Let me ask this here.

My buddy has a truck he bought for 42k.
its worth 32k now per kbb.

he wants a car that is better on gas, he drives from sd to la constantly.


the gas costs are pretty crazy. its getting out of control.

can he get a new car without eating the 10k in depreciation?
 
M

Mrbob

Member
vpance chart don't lie, SPHS had a break to the downside today. Will be interesting to see if it can stabilize or if it will go lower.
 
A

alejob

Member
I made pretty good money the last few months then sold thinking things can't keep going up. Everything is still going up :/
 
M

Mrbob

Member
Yeah it is tough to predict a top or bottom. I'll always stay invested in the market to a degree. I'm actually getting more bullish on the market right now because you have these big time hedge fund guys who have been predicting a correction or pullback for months now and the market keeps grinding higher. Probably because they have shorted the SP500 and are losing money as it keeps going up. Once these hedge fund guys become bullish again as all three indices keep reaching new all time highs I'll start to get worried. I'm somewhat of a contrarian investor by nature.
 
vpance

vpance

Member
Mrbob said:
vpance chart don't lie, SPHS had a break to the downside today. Will be interesting to see if it can stabilize or if it will go lower.
Click to expand...

Yeah always wait for the reaction first, bounce or break. Trendlines are like magnets.

Mrbob said:
Yeah it is tough to predict a top or bottom. I'll always stay invested in the market to a degree. I'm actually getting more bullish on the market right now because you have these big time hedge fund guys who have been predicting a correction or pullback for months now and the market keeps grinding higher. Probably because they have shorted the SP500 and are losing money as it keeps going up. Once these hedge fund guys become bullish again as all three indices keep reaching new all time highs I'll start to get worried. I'm somewhat of a contrarian investor by nature.
Click to expand...

Stay in the trend until it ends! Trying to pick a top is much harder than a bottom. The former of which can take months to play out.
 
C

ClosingADoor

Member
That's a nice surprise. +8.77% on my insurance stock (NN Group). Apparently they had some nice numbers today, didn't pay attention. Only another 8% or so and they are in the green again for me.
 
M

Mrbob

Member
We are getting a crazy short squeeze in the last hour for sphs...wow. Massive covering.

I only kept small position of 350 shares in case of buyout but it's fun to see how this thing moves up and down....maybe I should have bought more in the 4s to swing trade oh well.
 
M

Mrbob

Member
I wouldn't chase SPHS right now.....I'm basically playing with house money since I bought a bunch of shares in the mid 3s and sold in the mid 7s when it went crazy a couple weeks ago. Just sitting on a fraction of shares in case there is a buyout.

Something is going to happen. The CEO has said as much. He said he didn't want to dilute but dilution is an option. He also said he doesn't really want to partner. So there will either be a buyout, partnership, or dilution. He has sold his previous two companies he was with. Curious if his last sale will hurt negotiations. The drug from his previous company ended up being a dud. But that doesn't mean this one is.

The company likes to make announcements on Thursdays PM, so that could have been the short covering squeeze today. Stock price will probably go back down under 5 again unless some major news leaks. The float isn't big so that is why you see some bigger swings in stock price. I have no idea where it is going tomorrow. It could fly way above 6 or drop under 5. Either way doesn't matter to me until we get an official announcement of what they are going to do (which I hope isn't dilution).
 
E

Ether_Snake

安安安安安安安安安安安安安安安
What the heck is going on today? I have never seen the charts of the three indicies look like this.
 
M

Mrbob

Member
Sphs announces secondary today. Hello dilution. Literally sold the last of my shares two minutes before close. Got lucky. I'll get back in once the dust settles still like the long term story. Now I'll be able to get a cheaper price.
 
C

ColdPizza

Banned
Mrbob said:
Sphs announces secondary today. Hello dilution. Literally sold the last of my shares two minutes before close. Got lucky. I'll get back in once the dust settles still like the long term story. Now I'll be able to get a cheaper price.
Click to expand...

secondary's and biotechnology stocks go hand in hand. When a stock reaches higher highs always neon the lookout for one. It'll take a hit for now but probably recover and then some within a month.
 
M

Mrbob

Member
Vpance could you chart IBB. I'm not as good as you at reading charts but to me the setup is looking nice for a next wave up.

ColdPizza said:
secondary's and biotechnology stocks go hand in hand. When a stock reaches higher highs always neon the lookout for one. It'll take a hit for now but probably recover and then some within a month.
Click to expand...

Yup. EXEL went through the same thing after a big run up. Glad it happened because it let me load up before it's big push this year.
 
vpance

vpance

Member
Mrbob said:
Vpance could you chart IBB. I'm not as good as you at reading charts but to me the setup is looking nice for a next wave up.
Click to expand...

That SPHS spike last week was a classic kiss goodbye move. Break the trendline, retest the underside, then continue the dump.

Still bullish the market overall, so IBB should continue its move like the rest. The name of the game is sector rotation so everyone's taking turns at driving the indexes up. This action the last 6 weeks is driving new entrants mad though, bull and bear. It's just endless range trading and theta burn. Market is probably waiting for Yellen at Jackson Hole this Fri before making bigger moves.
 
M

Mrbob

Member
EXEL is like a freight train stock. Almost regretting selling half my shares now might get back in full position. I keep thinking it can't continue moving higher on its current trajectory but it keeps going up.

Still way above is 50 and 200 day average is what scares me from buying more.
 
O

osiris3355

Banned
I have built a Stock app for some smart devices if any of you are interested.

So far it just loops updates of your portfolio on the tv but I will be adding custom portfolios and other features. U.S. only right now but more markets coming soon there as well. If anyone has an suggestions for foreign markets to add I would be more than happy to hear.

So far its out on Android TV, Chromecast (Android) and Fire TV. IOS/tvOS are in development too.

https://play.google.com/store/apps/details?id=co.adamapps.financeapp

https://www.amazon.com/dp/B01KRI00WC/?tag=neogaf0e-20
 
C

ColdPizza

Banned
Mrbob said:
EXEL is like a freight train stock. Almost regretting selling half my shares now might get back in full position. I keep thinking it can't continue moving higher on its current trajectory but it keeps going up.

Still way above is 50 and 200 day average is what scares me from buying more.
Click to expand...

You'll never go broke taking profits. Someone or something will eventually make this crash back down to earth.
 
M

Mrbob

Member
Thank you Mylan for tanking the entire biotech market again. Gov who basically helped this monopoly happen shouldn't act outraged now.

ColdPizza said:
You'll never go broke taking profits. Someone or something will eventually make this crash back down to earth.
Click to expand...

Yeah I have a stop currently at 10.70 for the rest of shares make sure I bank well no matter what. I want to see how the stock reacts bouncing off its 50 day ma .
 
M

Mrbob

Member
Hopefully effect is short term. IBB was literally about to break through major resistance to the upside and then Hillary came along.
 
D

Dr. Feel Good

Banned
I bought shares in National Beverage Corp today after their Q1 release statement. La Croix water is fucking everywhere. We got rid of our company vending machines and now just give out free La Croix to all employees. That shit is going places.
 
You must log in or register to reply here.

Similar threads

Pushsquare “PS5 Disc Drive Stock Still a Source of Intense Irritation for Many”
2 3
108
6K
ArtHands replied
What are my options to casting from PC to a TV?outside?
2
295
The Infectious Paradox replied
Xbox Sales Are Super Dead
2 3
118
10K
pasterpl replied
AMD blames Ryzen 9800X3D stock shortage on Intel’s ‘horrible’ Arrow Lake launch
1
259
//DEVIL// replied
I fucking hate computers now.
2
66
4K
StueyDuck replied
Top Bottom