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(10-27-2020, 02:09 PM)saimash Wrote: I've been slowly increasing my positions in Telemedicine.
25 shares TDOC @ $185.10
40 shares EHTH @ $66.00
500 shares of EDOC @ $17.10
I know we have some folks in this group invested in TDOC.
I think Telemedicine will go a long way in the next 5 years... Your thoughts ?
First of all I like the T-Shirt. You have good taste. 
Telemedicine almost surely has a part going forward as it will keep costs down where it's appropriate. It's on my "if the market crashes" list. It would seem there might be some competitive pressure over time. If they spike during this round of the Covid I don't think I would chase them higher. I looked at TDOCs new merger partner and they look stretched. Not inexpensive anyway.
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(10-27-2020, 02:32 PM)fenders53 Wrote: (10-27-2020, 02:09 PM)saimash Wrote: I've been slowly increasing my positions in Telemedicine.
25 shares TDOC @ $185.10
40 shares EHTH @ $66.00
500 shares of EDOC @ $17.10
I know we have some folks in this group invested in TDOC.
I think Telemedicine will go a long way in the next 5 years... Your thoughts ?
First of all I like the T-Shirt. You have good taste.
Telemedicine almost surely has a part going forward as it will keep costs down where it's appropriate. It's on my "if the market crashes" list. It would seem there might be some competitive pressure over time. If they spike during this round of the Covid I don't think I would chase them higher. I looked at TDOCs new merger partner and they look stretched. Not inexpensive anyway.
Thanks for your input Fenders... Yes I do believe I have enough exposure in this space and will not add to it in the near future.
I've noticed that my holdings in the Healthcare space has got quite overweight (with my positions in ABBV, MDT, PFE, JNJ and now in Telemedicine) but also provided the best returns. The biggest hits taken by me are in the Airline (BA, SAVE, DAL), Energy Stocks (ET, EPD) and Pot Stocks (CRON)... hopefully they will recover soon !
Thanks for the comment on the T-Shirt.... Proud to be a Minnesotan :-)
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10-27-2020, 06:00 PM
(This post was last modified: 10-27-2020, 06:06 PM by fenders53.)
(10-27-2020, 04:50 PM)saimash Wrote: (10-27-2020, 02:32 PM)fenders53 Wrote: (10-27-2020, 02:09 PM)saimash Wrote: I've been slowly increasing my positions in Telemedicine.
25 shares TDOC @ $185.10
40 shares EHTH @ $66.00
500 shares of EDOC @ $17.10
I know we have some folks in this group invested in TDOC.
I think Telemedicine will go a long way in the next 5 years... Your thoughts ?
First of all I like the T-Shirt. You have good taste.
Telemedicine almost surely has a part going forward as it will keep costs down where it's appropriate. It's on my "if the market crashes" list. It would seem there might be some competitive pressure over time. If they spike during this round of the Covid I don't think I would chase them higher. I looked at TDOCs new merger partner and they look stretched. Not inexpensive anyway.
Thanks for your input Fenders... Yes I do believe I have enough exposure in this space and will not add to it in the near future.
I've noticed that my holdings in the Healthcare space has got quite overweight (with my positions in ABBV, MDT, PFE, JNJ and now in Telemedicine) but also provided the best returns. The biggest hits taken by me are in the Airline (BA, SAVE, DAL), Energy Stocks (ET, EPD) and Pot Stocks (CRON)... hopefully they will recover soon !
Thanks for the comment on the T-Shirt.... Proud to be a Minnesotan :-)
Almost all of the true blue chip growth stocks ran to the sky many months ago. It's a MOMO game for now. Stocks with a good story and minimal or no profits run. This is typical of a late stage bull market but the rules are never the same so I don't pretend to know for sure. I surely don't blame you for partaking in the easy profits. Just know when to gradually trim some profits. There will be a day when financials matter. I don't see a significant moat. It's just video tech and a staff of normal physicians. A huge pharma or insurer will enter the telemedicine space if it's truly lucrative which I believe it is. Own a good stock so they are the obvious merger partner. The little players will be blown off almost always. I can't help you on oil, pot stocks and airlines lol. Only tiny positions in my port going forward. They bloodied my nose so I will make no more big bets on them. If any of them went BK the industry nobody wouldn't care at all.
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10-28-2020, 08:19 AM
(This post was last modified: 10-28-2020, 08:38 AM by divmenow.)
Added MA at $291. Wow this got hit hard on earnings. Will add more if it gets to $275-280
More buys to come this morning
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added MA, LMT, APPL, MKC and DG
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Initial position into MA.
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Limit orders now in on some of the forum buys. I've been very slowly accumulating V but why not add some MA?
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10-28-2020, 10:27 AM
(This post was last modified: 10-28-2020, 10:33 AM by fenders53.)
Added a few shares of V, APD and CVS. Numerous limit orders getting close. Everything small money because I tend to be days early on market drop buys.
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10-28-2020, 11:36 AM
(This post was last modified: 10-28-2020, 11:36 AM by Dividendwayfarer.)
Added AVGO, MA & V
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Rolled forward 2 RTX puts to bring down cost based by a few points. I feel it's an over reaction to their earnings call. They don't supply just to commercial airlines. Equity trading at 50% discount from the Feb highs. Good thing about puts they save you in such times by rolling forward.
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10-28-2020, 12:42 PM
(This post was last modified: 10-28-2020, 12:42 PM by fenders53.)
(10-28-2020, 12:15 PM)vbin Wrote: Rolled forward 2 RTX puts to bring down cost based by a few points. I feel it's an over reaction to their earnings call. They don't supply just to commercial airlines. Equity trading at 50% discount from the Feb highs. Good thing about puts they save you in such times by rolling forward.
I works VERY well when the VIX is up. RTX will be fine eventually but I am am prepared for a two year wait. I am shocked the market is acting like current commercial air financials are news. The CEO is very transparent. Collins and Pratt branch are doing horrible, just as he said six months ago. Market was just being stupid as most are misinformed IMO. I sold most of my RTX above $65 after the conference calls. I've sold puts on every dip since and calls when it bounces. I have a few RTX puts to roll this week. I'd be interested in a large position around $50.
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