OT: Stock and Investment Thread
- Thread starter RU05
- Start date
I buy a stock right before it reports record earnings, and it grinds down about 20%. I'm thinking of starting a fund...I'll pick the stocks, you guys with more money than I'll ever see can short the stocks, and when they tank, I'll take a small percentage of your shortside gains. Deal?
another guy who didn't read Belly's memo. Here is some math. VW up 70% YTD and TSLA is down 6% YTD. Ouch
Do you get extra return because you bought a stock with a large market cap?
Don't ask me that question, wasn't me that started comparing companies. And yes, TSLA is years ahead of VW on EV tech.
Aren't you on record saying something like this thread shouldn't be taken seriously given how much BTC and TSLA talk we see here?
Doesn't matter where there tech is. As an investor the only thing that matters is where you bought and sold the stock.
Solid bounce back thus far.
Outside of VIAC, which because of it's epic run had grown into my largest position. Down 8% today(was down a fair amount yesterday), limiting my gains today.
I wasn't real close to selling, but I did consider it recently when it dipped but then bounced back to $95ish recently.
Outside of VIAC, which because of it's epic run had grown into my largest position. Down 8% today(was down a fair amount yesterday), limiting my gains today.
I wasn't real close to selling, but I did consider it recently when it dipped but then bounced back to $95ish recently.
I hate to even get in on, and thus keep this TSLA convo going, but that tech should be the driver which leads to where you bought and sold the stock.
I am. I’m also on record I have no horse in this race right now. Just adding to the discussion by providing perspective.
I bought AAPL a couple weeks before they announced earnings. Stock price topped and sold off like they were selling cancerous materials to children.
My point was that results matter. In that scenario you were either up 70% or down 6%. Personally I would rather be up 70%.
Those #'s are pretty disingenuous given the respective moves in 2020.My point was that results matter. In that scenario you were either up 70% or down 6%. Personally I would rather be up 70%.
The toughest choice for the buyer will be the sale date, as you could get a 5% difference in price every 24 hours.
Agree its an arbitrary time frame, was just reacting to the discussion above. But throwing in 2020 is also arbitrary. The only thing that matters is where you bought and sold. Everything else is just noise.
All those articles are saying things that’s been said already. Competition is coming. The question about is gap narrowing or widening. I’m not making any personal statement or calls.
Too much in E*TRADE. Will do the next trade in my ML acct which doesn’t have that requirement. I covered most of the shorts. Now it’s just the puts. They were bought at terrible basis. Let’s see if it can make a miracle comeback.
Ridiculous run followed by a stock offering announced today(or yesterday).
So interesting to see where the line is drawn and how the stock reacts going fwd, but just given the above, I don't think it's a big deal. Just another of those short term stingers from an otherwise amazing move.
AAPL is a real company with real earnings sitting on a mountain of cash and it’s owned by just about every endowment, pension fund, etc. It may not have been a great entry point but you’ll be fine in the long term absent some black swan event. I wouldn’t be surprised if at some point AAPL catches fire with the RH traders once spec tech and the SPAC craze completely crashes.
I normally sell off before the earnings, I believe that 80% stocks drop after earning even when they beat expected earnings and sales especially if they lower their future forecast. Observation after investing for 45 years. If I’m wrong, right after the earnings come out, you can buy the stock after market if you expect it to continue upward.
Last edited:
I have some AAPL, $124 avg cost, and I expect to move up shortly but it’s an automatic if you hold for 1-2 years.
so you buy a car and pay a boat load of capital gains tax. Sweet!!! Does it work the other way too (loses)?
I have to believe the IRS is staffing up to wage an audit war on cryptocurrency.
This chart shows why investors should never try to time the stock market
https://www.cnbc.com/2021/03/24/thi...are|com.apple.UIKit.activity.CopyToPasteboard
https://www.cnbc.com/2021/03/24/thi...are|com.apple.UIKit.activity.CopyToPasteboard
It's had a big run, lots of sentiment that that will continue. Current p/e of 13x, with earnings expected to grow yoy for the for seeable.
The thought is they should see multiple expansion as well as the transition to EV. They won't ever reach the 1000x p/e that TSLA is not sitting at, but the market does love the EV, so GM could jump as they move more and more in that direction.