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Talking stocks, trading, and investing in general - Page 715

post #10711 of 11160
Haaa, yeah that was pretty wild.

I mean last quarter I had a group of shares all around the 100 mark +/- 5, then it dropped and I doubled down around 84-90, so averaging around 90. Sold that second chunk between 99-06 and was left now with original shares bought around 99.

My gut feeling was that since this stock moves so much on opinions about subscriber growth and outlook that maybe they sandbagged themselves last time or people were expecting a drop etc but they've been doing good work, new shows, emmy's, increased rates for old users, etc so I was hoping it would go up and expected to sell around 110-115.

I saw it jump now aftermarket and sold all my shares at 118. A little early since I see it hit 120 but I'm ok with that. I buy down and trim up.
I won't touch NFLX again until it's at least under 110, probably closer to 100 if it happens.

As for the future, my completely gut feeling bullshit intuition hunch is this is an overeaction (upwards) as usual and it'll settle down and people will take their wins and sell and within 2-3 weeks it'll settle back down to 115, maybe down to 110 give or take. I'm setting my alert for 112 and if it goes under 110 I'll start nibbling again.




Here's a few new ones to discuss....

HHC - don't remember who mentioned these guys. I know they're sort of like a REIT but no dividend so not sure if it qualifies. I bought and sold them around 90-110 and even just a couple of months back it hit 120. Now back down to 107 and regularly dropping. I'm looking to pick some up around 100-105 and will follow it down to 90 more or less. Planning to trim around 110-115 and sell 120 give or take. It sort of fits into my REIT group though it's more of a stock buy/sell sort of play. Any opinions about HHC?

LULU - wow have these guys come down. Hit 80 not too long ago. I just bought back in at 55 today and will happily buy more down to 50 and under. Is retail having a tough time because online? Yes. Is Athleisure-wear become more competitive? Yes. But I like the company and always have a great experience there and own the stuff. Totally the wrong reasons to own it, but I'm not a good investor that way. Anyway, I just thought it might be worth a look at. I'm ok with being down 10% with a possible upside of 40-50%.

SPI - mentioned them before. Extremely thin trading volume and in solar which is down heavily right now. I was buying these guys from $4 all the way down to $2 and had about a 40% loss. Definitely a case of a falling knife and I felt really bad about it. A few days ago it jumped from $2 up to $2.5-2.7 which has eased up a lot of tension. No idea what's happening or why but there might be some big % swings coming up on this one... again, if you guys know anything about the co. or what's happening I'm all ears. In the meantime I'm holding on for dear life on this one.

GLF - still holding onto this one and it hurts. But if you haven't looked in a while it seems helluva cheap. If oil can stabilize next year this one could do very very well. It's like $1.5 a share and last time we had $1.5-2 a share I think last year or beginning of this year it eventually went to about $6.5-7 at one point. I remember being up like 40-50% in one day.
Edited by Master-Classter - 10/17/16 at 1:50pm
post #10712 of 11160

GLF is like a cheap mid term option on an off shore drilling recovery. Given that fracking is keeping their cost down this is getting less and and less likely, but still possible. 

 

My only issue is that they are cash flow negative. If things don't turn around then they will wipe out equity soon. TDW can go for much longer. So can HOS. I don't see anyone lining up to buy GLF. At least not before a BK. 

 

That said, not bad risks for the price if one wants to gamble.

 

Quote:
Originally Posted by idfnl View Post


I held it from around 08 thru '12, I did ok on it. I just forgot about it thinking it might be heading for the scrapheap. Glad you've done well, it never crossed my mind to revisit it.
 
mREITs are essentially like leveraged bonds with an embedded option. Being young I like them as a part of my portfolio compared to just plain vanilla bonds (of which right now there is a lot of capital risk) due to the higher yield. Especially since they are trading at a discount to book. If I went out and bought just an MBS myself I'd pay more for a dollar of yield AND it would be unhedged.
 
Once I know a stock or industry well I keep tabs on it and jump back in when there are deals. 
post #10713 of 11160
About to pull a Piob and drop 10k on XBI / IBB.
post #10714 of 11160
Boosted my VRX stake by 50%.
post #10715 of 11160

CORR is down on fears that UPL will attempt to modify their lease.

 

Unless they drop it completely, which I think is unlikely, then the current dividend can be sustained. It's trading around 11% yield currently. 

 

On top of that if the lease is maintained on reduced terms or maintained on current terms (CORR is incentivized not to budge since other tenants may then try the same thing) then CORR is earning about $1.14 per Q compared to a .75c dividend distribution, so there is room for an increase or additional asset purchases. 

post #10716 of 11160
DIS is no longer interested in TWTR.
post #10717 of 11160
Quote:
Originally Posted by idfnl View Post

DIS is no longer interested in TWTR.

I figured with all the cyber-bullying, trolling and general spammy-ness, it was never a good fit for Walt Disney's legacy… 
post #10718 of 11160
I thought the initial pop was too much, but NFLX is STILL rising. Am I missing something or is this insane?
post #10719 of 11160
dat momentum
post #10720 of 11160
Agh I don't know what to do with all my excess cash. It's too easy to talk myself out of specific investments.
post #10721 of 11160
Quote:
Originally Posted by GreenFrog View Post

Agh I don't know what to do with all my excess cash. It's too easy to talk myself out of specific investments.

Buy another car!
post #10722 of 11160
Quote:
Originally Posted by Texasmade View Post

Buy another car!

I prefer appreciating assets 😉
post #10723 of 11160
Thoughts on KO? The sugary drinks tax debate seems to be really dinging their valuation.
post #10724 of 11160
Quote:
Originally Posted by stimulacra View Post

Thoughts on KO? The sugary drinks tax debate seems to be really dinging their valuation.

Don't like companies that sell us poison, wouldn't touch it.
post #10725 of 11160
Quote:
Originally Posted by idfnl View Post

Don't like companies that sell us poison, wouldn't touch it.
Are there any that don't, in some fashion?
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