Talking stocks, trading, and investing in general

[lawyerdad]



What do you guys think about selling some of the apple to buy google with then using the money I was going to buy google with to diversify? I would still be tech heavy, but at least I would be split between the two giants. I am drawn to tech companies because I feel I understand them better than other sectors and I see a ton of potential, especially with google which is why I want to get in sooner than later.

Also, the mutual funds are sector funds in biotech, IT, chemicals, and defense and aerospace, so not much overlap there. I also own a bitcoin haha.

It's well and good to understand tech companies generally.

But unless that includes a particularized knowledge of how to value tech companies, that knowledge isn't especially helpful in making investment decisions. We all know that Apple and Google will do lots of cool stuff and make lots of money, but they aren't exactly start-ups that are going to stand or fall on whether their signature product gains market acceptance. The question is whether they will end up making more money or less money over time than the market currently anticipates. Companies can do very well or very poorly over time, but whether or not they are good investments at their current price depends on how well or poorly they do relative to current expectations. (I know, I've said this a couple of dozen times here already . . .)

 

[jbarwick]

King dumping to almost $19 flat. Candy Crush is not a company...just a game. Should have sold off to someone willing to buy you.

 

[capnMURPHY2021]

There was talk yesterday that the King IPO would "legitimize" the mobile-gaming startup scene in Europe...

they should just stick with their quaint, boutique Nordic dev studios.

On the bright side, they'll be less likely to go on dumb shopping sprees a la Zynga.

 

[SkinnyGoomba]



What do you guys think about selling some of the apple to buy google with then using the money I was going to buy google with to diversify? I would still be tech heavy, but at least I would be split between the two giants. I am drawn to tech companies because I feel I understand them better than other sectors and I see a ton of potential, especially with google which is why I want to get in sooner than later.

Also, the mutual funds are sector funds in biotech, IT, chemicals, and defense and aerospace, so not much overlap there. I also own a bitcoin haha.

The backbone of my portfolio are companies that I cannot avoid doing business with, so oil/gas, banking, consumer staples, telecom. I own apple products, I do not upgrade my device every time, and I'm certain that Exxon will earn more of my money over my lifetime than Apple will. In fact I've been driving for 14 years, I've paid the oil and gas industry approx $35000-$45000 where over the same time I've bought $700-$800 worth of products from Apple.

 

[GreenFrog]

Getting banged *********** by FB

 

[idfnl]



Getting banged *********** by FB

There is no fundamental reason for the slide... This is buying territory.

 

[GreenFrog]

Wow, went out for lunch and came back. Checked my portfolio and went from solidly in the green to massively in the red for the day.

 

[Texasmade]

BAC not blocked by Fed to raise dividends or start a stock buyback program. Hopefully BAC starts raising their quarterly dividend soon. Citigroup, HSBC, RBS, Santander, and Zions not so lucky and still blocked.

 

[SkinnyGoomba]

Raised to .05/qtr. not a bad start.

 

[jbarwick]

This mornings dip got bought up nicely. Did anyone take advantage?

 

[SkinnyGoomba]

In regard to bank stocks; why does it seem like someone is inflating a balloon in the premarket, and slowly letting it out during the day for the past week or so. Really getting annoying.

 

[GreenFrog]

God the things I would do to Seema Mody...

And Becky Quick for dat MILF vibe.

Tomorrow I'm going to double my position in FB. Hopefully the recent nose diving action is done.

 

[sonick]



Tomorrow I'm going to double my position in FB. Hopefully the recent nose diving action is done.

http://www.valuewalk.com/2014/03/facebook-inc-fb-cto-mike-schroepfer-sells-25000-shares/

Thoughts? I went in on this recent drop as well...

 

[lawyerdad]



http://www.valuewalk.com/2014/03/facebook-inc-fb-cto-mike-schroepfer-sells-25000-shares/

Thoughts? I went in on this recent drop as well...

On the article in particular? Faux news.

I have to assume that FB's CTO has 10b-5 plan in place. These plans schedule out sales of insiders' stock holdings well in advance as a defense against insider trading claims. Bullshit articles like that try to imply that the guy's sale of 25000 shares is probative of his views about the company's immediate prospects. In reality, it's probably (admittedly, I'm simply assuming here) something that happened automatically pursuant to a long-term plan and indicates nothing either way.

 

[jbarwick]

The insider sales all look like planned sales after a given period. He has done this multiple times as well as Sandberg since the beginning of 2014.