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Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. jbarwick

    jbarwick Well-Known Member

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    Nov 28, 2012
    I traded FSLR once for a couple % gain in a day trade. Volatile is the only word to explain solar stocks.

    NFLX has a higher P/E than AMZN which people thought was high....
     
  2. GreenFrog

    GreenFrog Well-Known Member

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    I'm reading up on industry trends for clean energy and solar power seems to be on the rise.

    I also really, really believe in Elon Musk. Dude has an amazing track record of delivering results.

    Anyway, really curious to see how AAPL reacts during today's product unveiling. The stock has been behaving weirdly today.

    Edit: Reed Hastings also killed the earnings jump for NFLX, lol.
     
    Last edited: Oct 22, 2013
  3. idfnl

    idfnl Well-Known Member

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    Talk about over exuberance. The stock earns like 2 bucks a year and is priced at almost $400... are people smoking crack or what?

    Closed my position in SLRC yesterday after about 4 years. I've earned some solid dividends off of it but I feel like its losing steam.

    Buying PCYC on every dip. I'm starting to get nervous about the size of the position I now have. I need a small pop so I can take a tiny profit and trim.

    I'm with GF... Musk seems to have a bit of Jobs in him. I may punt on a couple of TSLA shares.

    I'm considering selling C (Citibank), what do you guys think? Its been moving sideways for months.
     
    Last edited: Oct 22, 2013
  4. GreenFrog

    GreenFrog Well-Known Member

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    I don't feel confident dabbling with TSLA this late in the game. But FSLR? FSLR isn't even over-valued like TSLA, so it has a long way to go, IMO. Their earnings release is coming up and if they can manage a significant beat, I truly believe it could serve as the inflection point that turns it into a momentum stock that I can finally buy into before it takes off. I JUST might buy shares on margin for this. Huge gamble. Sweating bullets on that thought, though.

    Also, check out TAN, an ETF for solar power companies. 130+% returns YTD. Highest-performing ETF of the year.
     
  5. stevent

    stevent Well-Known Member

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    Was going to ask about TAN yesterday, feel it's a safe buy but solar in general isn't something I really believe in for the future. Maybe I'll just get FSLR and gamble a bit. Already a bit too leveraged for my taste but thinking along your lines

    Edit: Been following solar too long, just bought both. Sold XOM which has been giving me nothing past few years
     
    Last edited: Oct 22, 2013
  6. GreenFrog

    GreenFrog Well-Known Member

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    ^

    :slayer:

    Will be picking up both shortly, too.

    There's a rumor that Icahn may have or initiate a stake in FSLR.
     
  7. stevent

    stevent Well-Known Member

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    I know now I'm thinking I should have bought more shares. Really need to stop buying shoes for a whole year, put all shoe money into FSLR and gamble :slayer:

    Had too many conservative picks in portfolio since was busy with work last year, not busy now and just kicking myself for not buying smarter. CAT better go up tomorrow otherwise I'm going to sell and buy more FSLR.
     
  8. GreenFrog

    GreenFrog Well-Known Member

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    Yeah mang. I try to live as frugally as possible and invest my money. Has served me well so far.

    Anyway, I picked up two small cap ETFs (value and growth) about a week ago and I'm up ~2.5% on both, so not a bad gain for a short period of time, but I'm thinking of selling both and buying TAN with the capital.

    FSLR.. still trying to figure out how I'm going to invest in it. Might have to cut into my AAPL stake, but I think AAPL is going to have a blow-out quarter. Hmmmm.

    Edit: stevent, TAN is up 2% already intra-day. :slayer:

    Edit 2: Filled my limit orders for my small cap ETFs. Placed a limit order for TAN.

    Edit 3: Tan filled.
     
    Last edited: Oct 22, 2013
  9. stevent

    stevent Well-Known Member

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    I ended up selling a few shares of AAPL today as well, think numbers will be solid but nothing revolutionary for a while. Had Apple in two portofolios anyways so have to minimize a bit. More FSLR and almost bought groupon but held off, may trade it tomorrow

    And need to save more, no kop freezes don't work and too much random stuff bought. I've gotten a little better clothing wise but shoes are difficult. Used to be so good at investing everything up until joining SF pretty much :facepalm:
     
  10. Cantabrigian

    Cantabrigian Well-Known Member

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    You know if you put it all on red, they at least give you free drinks.
     
  11. GreenFrog

    GreenFrog Well-Known Member

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    High risk, high reward.
     
    1 person likes this.
  12. Joffrey

    Joffrey Well-Known Member

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    Yeesh, I just made my first purchase on the stock market (actually an ETF). After hours but it'd been a few month of my mulling it (and holding off thanks to the shutdown). If it loses some money (say 20%) it'll still be better than sitting in my internet savings account where I'd find some "emergency" to spend all of it on.
     
  13. stevent

    stevent Well-Known Member

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    ETF is a good start, better to invest vs save

    And fing CAT those are some ugly numbers
     
  14. jbarwick

    jbarwick Well-Known Member

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    CAT is affected by China in a big way. I am leery of China numbers as they look pretty back one month then the next month spike up.
     
  15. stevent

    stevent Well-Known Member

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    Yeah I've had CAT for a while, bought at $70 and sold at $110 then rebought a bit later at $80ish. Just thought recovery would be moving a little faster than it is now
     
    Last edited: Oct 23, 2013
  16. idfnl

    idfnl Well-Known Member

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    Might be a good entry point on CAT once the price settles.

    Against my better judgement I punted on a couple of NFLX shares this morning pre market and low and behold its up... may have a day trade here :)
     
  17. GreenFrog

    GreenFrog Well-Known Member

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    Yeah, I'd get out of NFLX today if I were you. Lock in those gains. The stock has been way too volatile.
     
  18. GreenFrog

    GreenFrog Well-Known Member

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    TSLA hasn't been doing so hot lately. Perhaps an entry point to come soon? Or is the bubble bursting?
     
  19. idfnl

    idfnl Well-Known Member

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    I'd stay clear for a while.
     
  20. GreenFrog

    GreenFrog Well-Known Member

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    Carl Icahn is such a bawss.
     

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