Talking stocks, trading, and investing in general

[jbarwick]

ITMN, DARA, SNSS, BCRX, IMUC and a few others. Seems like the FDA decided to do some reporting today

 

[SkinnyGoomba]



I'm so ******* sick of my AAPL stock. I've held it for 1.5 years at this point and want to get ******* rid of it. I wish it traded at AMZN's P/E ratio .

I recently sold of KO with the same feeling, I made money owning it, but it was a real slacker by comparison to my other stocks.

 

[GreenFrog]



I recently sold of KO with the same feeling, I made money owning it, but it was a real slacker by comparison to my other stocks.

I'm still down 20% with AAPL.

 

[SkinnyGoomba]

The question I will sometimes ask myself is if I would buy it at todays price.

 

[lawyerdad]



The question I will sometimes ask myself is if I would buy it at todays price.

Really, that should always be the question, because it's essentially what you're doing.

 

[idfnl]



Really, that should always be the question, because it's essentially what you're doing.

That's rye. Well said.

I wouldn't buy AAPL today. The management is not too interested in shareholders and the company, regardless of its history, is not really a growth company anymore.

They had a chance to buy NFLX and even TSLA to do something transformative but they didn't. There aren't any products in the pipe I can see game changing the company. Its basically about collecting a dividend and watching it sell phones and tablets. Until that changes its going to play between 520 and 580.

GF... I would dump it. There are a host of better plays right now where you could start recouping that loss.

 

[TiberiasUSA]

thinking of doing a small position long puts for scty and tsla thoughts?

they have momo going for them short term not convinced on valuation long term.

 

[amerikajinda]



thinking of doing a small position long puts for scty and tsla thoughts?

they have momo going for them short term not convinced on valuation long term.

I don't have any thoughts on Tesla (except that I'd like to test drive a Model S) but this guy is bearish on the stock:

http://blogs.wsj.com/moneybeat/2014/02/25/the-bear-case-for-tesla

 

[SkinnyGoomba]



Really, that should always be the question, because it's essentially what you're doing.

Meow...

No ****, but it helps to remind yourself of the simple things when you are overthinking it.

 

[jbarwick]

I think the casual investor is jumping in TSLA for this recent run up and smart money is taking the profits and looking elsewhere. But then again I don't know their backlog of people wanting the buy a Model S that is still in production.

 

[SkinnyGoomba]

Anyone looking at Target? They have been recently hammered.

 

[TiberiasUSA]

True, think I'll short scty with long puts instead. Both to me are overvalued but scty I think safer just waiting for a good entry point hopefully will be cheaper as it gets to 100. 7.2billion is a high given their revenue, fslr valued less is a little puzzling to me

edit ended up deciding to just allocate a bit in both once they get close to 100 and 300. Wish me luck

 

[otc]

TD Ameritrade is not doing well with reporting return on what happened to Vodaphone this week.

They spun off their Verizon shares as a dividend and then the stock went through a 6:11 split.
So now I hold some VZ, but less VOD
However they didn't change the cost basis on VOD and they seem to have set the VZ cost basis to the price on the day of the spinoff.

So it looks like I lost a bunch of money on VOD and then lost a little money on VZ (which has gone down since monday) when in reality, my cost on the VZ shares was zero, so they are all gain (or really, their value should be offset against the cost basis of VOD since it is equivalent to selling some VOD to buy VZ).

 

[idfnl]



I think the casual investor is jumping in TSLA for this recent run up and smart money is taking the profits and looking elsewhere.  But then again I don't know their backlog of people wanting the buy a Model S that is still in production.

Not sure. I think there is a lot of fast money there, but MS came out with a $350 target. There is a large amount of institutional money there.

I agree, there are retail investors there but its too broadly traded with different types of investors.

 

[Cantabrigian]



I think the casual investor is jumping in TSLA for this recent run up and smart money is taking the profits and looking elsewhere.  But then again I don't know their backlog of people wanting the buy a Model S that is still in production.

As I understand it, this recent runup was more about the new battery plant.

Whether or not that is a good idea, I have no idea but it doesn't seem to be related to the Model S .