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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 Senior member

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    Still waiting for your valuable addition to this thread. Also PM idfnl your address so he can send you the award for current asshole of the stock thread.
     
  2. lawyerdad

    lawyerdad Senior member

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    Actually, I wasn't. MC posed a question -- albeit in mostly rhetorical fashion -- about TSLA and I pointed to some recent information. To the extent what you're claiming was "sarcastic" is my disclaiming any suggestion that the news I referenced was the "cause" of recent stock performance, anyone who has been reading here for a while knows that I think it's important to remember that the belief that we can confidently understand exactly what is driving market dynamics, whether generally or with respect to a particular security, is a dangerous one. More expansively: do I suspect that the news I referenced had something to do with recent performance? Sure. But am I certain enough to tell MC or anyone else "the stock drop of x% was definitely caused by Y piece of news and nothing else"? No, and I wanted to remind MC (who was explicitly asked for input and feedback on his approach to investing/trading) that we never know what we don't know, and that the temptation to seize on simple, obvious explanations can be dangerous.

    And way to be condescending and dick-ish to jbarwick under the guise of "defending" him from my supposedly dickish comments. That's impressively douchey and moronic, even by the standards of this place. :cheers:
     
  3. jboy718727

    jboy718727 Well-Known Member

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    There are ways to say things without being an asshole about it. When you criticize with sarcasm or use methods like FTFY, you sound confrontational and ingenuine and gives your audience the sense that you are doing things with the intention of inflating your ego rather than the intention of helping. It is counter productive to whatever you may intend. But that's fine, I'd rather not argue about this and bring this thread further off topic, I've made my points and whether you consider them or not I have no power over.

    Also sorry jbarwick, you were very polite with your response and I was wrong to respond in that manner.
     
  4. jboy718727

    jboy718727 Well-Known Member

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    As far as contribute, likely I don't know anything remotely close to what you guys know, so I humbly ask for your advice, but I do know a thing or two about etiquette.
     
    Last edited: Mar 10, 2015
  5. lawyerdad

    lawyerdad Senior member

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    No, I only sound "confrontational and ingenuine" to insecure babies like you. The tongue-in-cheek use of "FTFY" is a well-established convention and running joke around here. A good rule to follow online, and in other sorts of conversations, is not to start with the stupidly arrogant assumption that you know everything that everyone else knows and that your personal subjective experience is necessarily representative of everyone else's.

    And as I already pointed out, I wasn't being sarcastic. You might want to look up what that word means.



    *Also, just in case you haven't figure this out yet (that's sarcasm, by the way) -

    Trying to get in your silly, misguided points in the same post where you claim not to care about the topic at hand or about what anyone else thinks is a lame troll trick that's been around since two minutes after Al Gore invented the internet.
     
    Last edited: Mar 10, 2015
  6. idfnl

    idfnl Senior member

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    CAD up 18% today. Woo hoo. Another biotech success story for moi. Can't find any news, though. I have a feeling another buyout is on the way.

    Would live to get a little PBYI but it's at a crazy level.
     
    Last edited: Mar 10, 2015
  7. Master-Classter

    Master-Classter Senior member

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    I did read about the issue with TSLA and the China thing, plus lower than expected sales/demand or something. I was just surprised at how much it dipped. Plus that news came through at least a few days ago, like last week I think, so seems to have been a delayed reaction.

    I still like TSLA, I'm holding on. Might even buy more under the 190 mark. Hell, I liked it under 200 and bought at 199, then at 195 too
     
    1 person likes this.
  8. Piobaire

    Piobaire Senior member

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    /HRoi
     
  9. idfnl

    idfnl Senior member

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    I may nibble if it makes it into the 150s.
     
  10. guyver00

    guyver00 Senior member

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    What's with a noob with big insecurity and huge ego, pretending to the a Master of the Universe? This isn't a kindergarten playground where everyone has to play nice-nice.

    Lawyerdad merely pointed out why TSLA dropped.

    As for TSLA I think this is a long term hold. As their cars become more affordable, people will gradually switch to an electric car. Personally I wish it would fall further so I can pick some up. I just finished filing my tax and is butt-hurt from paying the taxman, so I'm hoping it'll keep dropping :slayer:
     
  11. idfnl

    idfnl Senior member

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    Market tried to get positive today, it threaded water all day after 2 significant down days. We may be seeing the end of a the pricing in of a potential rate hike. Unless some news keeps downward pressure on the market, we may see an 150 point move up tomorrow.

    I hope not. I sold all my PCYC so I'm really overweight cash right now. I took a bite of Puma Biotech, just couldn't resist. I'm wondering if I should just average down on my losers that I still have conviction in rather than go into new positions.
     
  12. SkinnyGoomba

    SkinnyGoomba Senior member

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    How does BAC not request a dividend hike....ugh!
     
  13. idfnl

    idfnl Senior member

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    That's frustrating. I would assume it's because they felt there was a high probability of getting rejected.

    Where are you reading about this? Did GS and JPM get a hike?
     
    Last edited: Mar 12, 2015
  14. SkinnyGoomba

    SkinnyGoomba Senior member

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    Random news sites, I believe one was the Charlotte observer or something like that. They requested share buy backs and got that approved.

    Wfc hiked slightly, GS hiked, i don't fallow jpm.
     
  15. jbarwick

    jbarwick Senior member

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    Dragged my feet yesterday and didn't put in my buys and now the market is up. A lot of movement every morning so I will see how the day shakes out.
     
  16. idfnl

    idfnl Senior member

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    EPZM getting slammed
     
  17. otc

    otc Senior member

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    I'm still happy with my Snap-On purchases.
     
  18. Piobaire

    Piobaire Senior member

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    TWSS!
     
  19. jboy718727

    jboy718727 Well-Known Member

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    Wtf shake shack from -10% to +3%
     
  20. Master-Classter

    Master-Classter Senior member

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    saw that too. Bought some more when it was down. Wasn't fast enough to catch it under 19 (gf was chatting to me on the phone lol) so instead of high 18's got it at around 19.5. Just averaging down on this position.

    Also bought some more COS under $10.

    Still staking out SCTY and TSLA if they go low enough, will add some more.
    Lumber Liquidaters (LL) made a nice big jump back up. Hey it's nearly where I bought it oy. Long term I don't think these guys will get over what just happened, true or not. I saw it go from 60 to 50 to 40 (where I bought) to 30, now back up to 37... if it ever makes it close to 50 I'm out, maybe even sooner. I like volatility but this one might just crash and burn.

    I'm hearing quite a few things about Clorox (CLX), at least a few opinions are suggesting they're going to do well.
    Also Under Armour (UA) has some good rumors for mid-long growth potential. I don't like buying when it's so high just on principle, but I'm keeping an eye on this one.
    Oh and lastly, Disney (DIS) also has some good vibes around it...
     

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