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Talking stocks, trading, and investing in general - Page 552

post #8266 of 11195
I wonder if GPRO will have similar price action like TWTR.

Might be a juicy, super short term trading opportunity. Gonna keep an eye on it.
post #8267 of 11195
Believe it or not I was holding GPRO, looking to get out, yesterday it had a nice runup and I broke even and sold out. Suddenly a few hours later my old price alert at around 28 went off and I was like huh? Checked in, saw they had reported, and it dropped like a rock. I started buying back in from 26 down to 25 and I'm hoping it has some recovery today so I can get the hell out of this one again. With a little luck never look back at it again.

In other news, I'm sort of disappointed I sold off my BIIB and even IBB, they're both up 10% since a few weeks ago. VRX was just too much of an gamble for me and I didn't play it right so I lost money, but then again who the hell could have known the ups and downs on this one. Huge swings and totally unpredictable.
post #8268 of 11195
Good luck on GPRO. I haven't nibbled yet as its holding steady though it isn't as low as 18%.

Glad I haven't purchased TWTR yet. Dodged a small bullet there.

Wishing I didn't panick with my VRX stake and didn't sell off half my position for a loss. Would be up nicely now lmao.
post #8269 of 11195
My parent company took a huge shit today.

Not that big a deal really (and they have always been oddly volatile) but I do own a small amount of it.
post #8270 of 11195
Quote:
Originally Posted by Master-Classter View Post

In other news, I'm sort of disappointed I sold off my BIIB and even IBB, they're both up 10% since a few weeks ago. VRX was just too much of an gamble for me and I didn't play it right so I lost money, but then again who the hell could have known the ups and downs on this one. Huge swings and totally unpredictable.

Pure curiosity, how did you play it? 

post #8271 of 11195
Quote:
Originally Posted by otc View Post

My parent company took a huge shit today.

Not that big a deal really (and they have always been oddly volatile) but I do own a small amount of it.

 

I flew into Chicago last Wednesday on business and my company decided to pre-release an earnings doozy.  Our stock was down 38% by the end of Thursday.  I don't own any personally but I couldn't imagine having a ton of worth tied to your own company stock then the next day you are worth 38% less.

post #8272 of 11195
Yeah.

My employer already cuts my paycheck...why would I want to throw more eggs in that basket? I understand it with a startup and options (but even then, I would be doing some diversifying as soon as options vest). If the company goes down, you lose your paycheck AND your investments.

Although, my parent company is a different beast than my actual company...if they were to crash and burn, I suspect we would still keep chugging along.
post #8273 of 11195
Quote:
Originally Posted by otc View Post

Yeah.

My employer already cuts my paycheck...why would I want to throw more eggs in that basket? I understand it with a startup and options (but even then, I would be doing some diversifying as soon as options vest). If the company goes down, you lose your paycheck AND your investments.

Although, my parent company is a different beast than my actual company...if they were to crash and burn, I suspect we would still keep chugging along.

Generally one wouldn't, but it may also be the one company that you have a material advantage over the market in judging. 20% of my pre-tax income goes into my employers stock at the moment as I feel it is undervalued. 

post #8274 of 11195
TWTR is uninvestable. I'm shocked anyone still considers buying it. That chart is a horror, and it still operates at a loss. Yuck.
post #8275 of 11195
Quote:
Originally Posted by MSchapiro View Post

Generally one wouldn't, but it may also be the one company that you have a material advantage over the market in judging. 20% of my pre-tax income goes into my employers stock at the moment as I feel it is undervalued. 

Also, the analysis obviously may be a bit different if one works for one of those public companies that allow employees to purchase stock at a discount. (Even then, though, I'd have a strong bias in doing whatever else I could to diversify my risks, for the reasons otc articulated.)
post #8276 of 11195
Quote:
Originally Posted by lawyerdad View Post


Also, the analysis obviously may be a bit different if one works for one of those public companies that allow employees to purchase stock at a discount. (Even then, though, I'd have a strong bias in doing whatever else I could to diversify my risks, for the reasons otc articulated.)

I agree. My 401k as well as trading account is then used as my diversification.

 

My company is somewhat unique in that it grants .75 shares for every 1 purchased that vests after a few years. 

post #8277 of 11195
Yeah, some sort of stock purchase or options program changes the metrics a bit.

But still, once those extra shares vest, I would probably be dumping them (considering that even after selling, you probably have a large position of unvested stuff).
post #8278 of 11195

Employee Stock Purchase Plans are great if you can buy at the end of the quarter for X% discount and sell immediately if wanted though those are usually limited to like $25,000 or whatever the IRS limit is.

post #8279 of 11195
Quote:
Originally Posted by otc View Post

Yeah, some sort of stock purchase or options program changes the metrics a bit.

But still, once those extra shares vest, I would probably be dumping them (considering that even after selling, you probably have a large position of unvested stuff).

I very likely will as they vest. 

 

My old company gave a discount and had only a 3 month restriction, which was a great plan but they limited it to only 10% of your salary. My current one is basically a 43% discount, but that is a serious vesting period. 

post #8280 of 11195
The fuck is going on with VRX all of a sudden?

@MSchapiro

Edit: looks like it was on news that two independent board directors (who also conveniently happen to be the two largest shareholders) resigned.
Edited by GreenFrog - 10/29/15 at 1:06pm
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