or Connect
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general
New Posts  All Forums:Forum Nav:

Talking stocks, trading, and investing in general - Page 608

post #9106 of 11160
Was planning to post here asking about BAC too. Seems pretty heavily beaten down. I read somewhere they have some sort of insurance on those energy loans anyway so much of it is 'covered' if they go bad. while it seems like a good company and very discounted price, i can't help but look at the recent history and see how every time it looks like a low price it just keeps going lower. I mean where's the bottom?


I had some FB, bought in around 90-100 and when it popped I sold it all offf at 115 and will wait for it to come back down to 100-105 and buy back in again. So happy about that one.
My AAPL and DIS however have continued to hover around that 95 mark give or take... really hoping they can get back to 105-110 range so I can trim some.

And I was pretty bummed out to see that MNKD, which dropped from 1.5 or so down to 1, where I doubled down, then down to 0.65 where I cut my losses and sold... and has since some back up as high as 1.10 again. Damn, lost a few thousand on that and could have just waited a few weeks and cut my losses in half at least. figured it was going to zero or something.

AMZN, seriously wth. Was it just the comment about them opening 300-400 brick and morter stores? OK I mean I do realize that was a wild comment but still, this once seems to have dropped quite a lot. So damn expensive per share phew. But I'm holding some and adding now closer to that 525/530 mark and another buy if it hits 500-505 area. I'm hoping this one comes back to 600+ and I can make a bucket of cash on it.


Oh, how about that LNKD!!!! holy moly. I bought in around 188, saw it go over 200 and figured ok let's wait this out. Then today it goes down to about 190, and then bam, aftermarket what the hell, dropped nearly 30%? I mean they did well this quarter and gave some lower long term guidance, but 30% drop, come on. I'm buying more now asap, ideally under that 140 mark. I only had 5 shares but will add 5-10 more now and if necessary another 5 lower than here. I think they actually have a good solid sticky business. But it's pure speculation I realize.
post #9107 of 11160
I am on the other side of Apple.
post #9108 of 11160
Quote:
Originally Posted by jbarwick View Post

Does anyone buy names within an industry based on Price to EV multiples?  Listening to analyst calls, they seem to recommend a stock when the multiple is lower than industry average but not having kept track over the long term, I don't know how this style of buying would work out.

In other news, my CPA told me my tax bill for this year...fvck that.  When you only have W-2 income and own a home but you owe a ton, it just doesn't make sense.  Well the numbers make sense but everyone acts like owning a home is a direct line to a tax refund.  Hell the baby this year won't help too much.

You should've thought of that before you financed a home - you don't 'own' it - and knocked up a woman.
post #9109 of 11160
I think the bank stocks are selling off this year because 4 rate hikes are looking unlikely.

Speaking of, shittt jobs number of 150k vs 190 expected.
post #9110 of 11160
Quote:
Originally Posted by ramuman View Post


You should've thought of that before you financed a home - you don't 'own' it - and knocked up a woman.

 

I am a shitty forecaster what can I say?

post #9111 of 11160
Quote:
Originally Posted by GreenFrog View Post

I think the bank stocks are selling off this year because 4 rate hikes are looking unlikely.

Speaking of, shittt jobs number of 150k vs 190 expected.

You are wrong. Dead wrong. It's about energy exposure and economy down exposure.

Deutsch Bank dropping below 08 lows is not about rate hike but their leverage and loan book fucked up.
post #9112 of 11160
Quote:
Originally Posted by chogall View Post


You are wrong. Dead wrong. It's about energy exposure and economy down exposure.

Deutsch Bank dropping below 08 lows is not about rate hike but their leverage and loan book fucked up.

 

I disagree. It obviously isn't the entirety of the picture, but the dramatically muted expectations of rate hikes this year plays a large role in it. Financials had a significant run up late last year going into rate hike expectations for 2016. It was one of the most crowded trades behind going long USD. This is just a reversal of that.

 

If it was merely about energy exposure, I would think that would have been priced in months and months ago. 

post #9113 of 11160
FB back down to where I sold it

☺️
post #9114 of 11160
I've not done any real calcs but expecting at least 30k back on my taxes. smile.gif
post #9115 of 11160

wat.

 

how?

post #9116 of 11160
Quote:
Originally Posted by GreenFrog View Post

wat.

how?

For you, I suggest. Brk.a.
post #9117 of 11160
Damn AMZN, how come you so low?!!!


also, LNKD you dog, have you no floor?!
post #9118 of 11160
Quote:
Originally Posted by ramuman View Post


For you, I suggest. Brk.a.


I don't dabble with penny stocks.

post #9119 of 11160
Quote:
Originally Posted by Master-Classter View Post

Damn AMZN, how come you so low?!!!


also, LNKD you dog, have you no floor?!


I feel bad for my friend at linkedin. I congratulated him on their earnings beat last quarter. Did not text him for this quarter's.

post #9120 of 11160
Quote:
Originally Posted by GreenFrog View Post

I disagree. It obviously isn't the entirety of the picture, but the dramatically muted expectations of rate hikes this year plays a large role in it. Financials had a significant run up late last year going into rate hike expectations for 2016. It was one of the most crowded trades behind going long USD. This is just a reversal of that.

If it was merely about energy exposure, I would think that would have been priced in months and months ago. 

Eh, it's being priced in early last year in credit market. Just that you ain't paying attention. Check my post last October/Novemver about the drought in high yield liquidity.

It takes time to propagate.

As Mark Twain said, how do you bankrupt? Slowly and then suddenly.
We are still at the slow phase.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: Business, Careers & Education
Styleforum › Forums › Culture › Business, Careers & Education › Talking stocks, trading, and investing in general