(03-24-2020, 01:10 PM)divmenow Wrote:

(03-24-2020, 12:43 PM)fenders53 Wrote:

(03-24-2020, 12:15 PM)divmenow Wrote:

(03-24-2020, 12:13 PM)fenders53 Wrote:

(03-24-2020, 11:47 AM)divmenow Wrote: Bought some shares in PSX. At these levels I can wait out the storm

Sold RDS.B after getting in an average of $21.80. I don't want to own more then 3 oil stocks lol This was suppose to be a long term hold but couldn't pass up a profit

CVX, PSX and EOG. That's all for now

Looking to scoop up some PM and BIP

Sometime you gotta take what the market gives you.  The volatility is historical.  You can practically day trade UTEs and Oil lately.  That's not normal.  I intend to stay mostly long but when the market will hand me 15% or more in days, I remind myself that's a pretty good year for a buy and hold position.  Especially in sectors that have no narrative that allows them to explode to the upside anytime soon.  RDS.B could double.  The chances of that happening in 2021 are not much.  Even from way down here.

RDS. B could very double from here. In fact all stocks may double from here. Take you pick   

I just prefered PSX at these levels.

What no comment on PM lol

Other stocks have an actual thesis to double that I can comprehend.  I'm tired of delusional oil trader pipe dreams. I've allowed myself to get sucked into that for the last time.  Trades only and I need more blood in the streets, as if this isn't bad enough lol.

Tobacco is a trade as well.  I know these are fighting words here but there is no long-term upside hold.  They are nothing but dividend and GOV tax whores that will constantly defend themselves.  The past doesn't matter to me.   

Was that opinion clear enough?  

Not really what I was looking for soooooo Nooooo   

I actually think tobacco will do well in this environment. People are on lockdown and will smoke even more now to calm their nerves lol.  PM at these levels are a steal. Much better play then restaurants which have already run from the bottom.

(03-24-2020, 10:40 AM)stockguru Wrote:

(03-24-2020, 09:39 AM)divmenow Wrote:

(03-24-2020, 09:19 AM)fenders53 Wrote:

(03-24-2020, 08:53 AM)divmenow Wrote: I finally took a position in MMM this morning at $121.40. I figured this thigh has been down for a long time. Worst may be behind them now and they are ramping up production due to the Corona. This will now become a 5-10 year hold.

Nothing wrong with that plan.  I don't think they are anywhere near done blowing earnings reports, but this entry will work long term.  I've been adding on the hard dips and have a low basis.  If the market dips much more folks will just yawn when these companies blow earnings.  They just need the liquidity so massive loans don't have to happen to stay in business and avoid div cuts.      

I sold all my BWA today for a significant loss.  I'll need to find a stock with far less headwinds that is also down 30%.  That shouldn't be very challenging if I wait for the stimulus spike to wear off.

The restaurant buys last week look good.  I still have plenty of shares left.  CBRL is on fire and I have a full position.  Left WEN too early but it wasn't a bad trade at all.

Im liking PM at these levels as well. Thoughts?

All company’s will be blowing earnings at this juncture lol. But my thinking is MMM will get a pass since they have blown so many; so wall st is use to it haha!! But really I think this company in a few quarters will get it together. In the mean time you can wait it out with that yield.

Im liking PM at these levels as well. Thoughts?

Nice buy in on MMM.

Question. I was thinking of buying WMT and COST. Both of these companies I see benefiting from the virus. COST especially because many have to buy in bul to stock up. Both are down today as are most retailers. What your thoughts on WMT and COST? 

FYI: My 2 shares each from yesterday's purchases are doing very well 

(03-24-2020, 02:57 PM)vbin Wrote:

(03-24-2020, 10:40 AM)stockguru Wrote:

(03-24-2020, 09:39 AM)divmenow Wrote:

(03-24-2020, 09:19 AM)fenders53 Wrote:

(03-24-2020, 08:53 AM)divmenow Wrote: I finally took a position in MMM this morning at $121.40. I figured this thigh has been down for a long time. Worst may be behind them now and they are ramping up production due to the Corona. This will now become a 5-10 year hold.

Nothing wrong with that plan.  I don't think they are anywhere near done blowing earnings reports, but this entry will work long term.  I've been adding on the hard dips and have a low basis.  If the market dips much more folks will just yawn when these companies blow earnings.  They just need the liquidity so massive loans don't have to happen to stay in business and avoid div cuts.      

I sold all my BWA today for a significant loss.  I'll need to find a stock with far less headwinds that is also down 30%.  That shouldn't be very challenging if I wait for the stimulus spike to wear off.

The restaurant buys last week look good.  I still have plenty of shares left.  CBRL is on fire and I have a full position.  Left WEN too early but it wasn't a bad trade at all.

Im liking PM at these levels as well. Thoughts?

All company’s will be blowing earnings at this juncture lol. But my thinking is MMM will get a pass since they have blown so many; so wall st is use to it haha!! But really I think this company in a few quarters will get it together. In the mean time you can wait it out with that yield.

Im liking PM at these levels as well. Thoughts?

Nice buy in on MMM.

Question. I was thinking of buying WMT and COST. Both of these companies I see benefiting from the virus. COST especially because many have to buy in bul to stock up. Both are down today as are most retailers. What your thoughts on WMT and COST? 

FYI: My 2 shares each from yesterday's purchases are doing very well 

Someone told me that Costco does not make much money on grocery stuff. Mostly comes from services, oil, membership and although their revenue might be up, earnings will not look good. I haven't researched it though

(03-24-2020, 01:29 PM)fenders53 Wrote: Railroads just now caught my eye.  There is some more quality on a nasty pullback.  I need to put a second mortgage on my house tomorrow lol.

(03-24-2020, 03:34 PM)divmenow Wrote:

(03-24-2020, 01:29 PM)fenders53 Wrote: Railroads just now caught my eye.  There is some more quality on a nasty pullback.  I need to put a second mortgage on my house tomorrow lol.

You should have bought them yesterday 

Keeping cash on the sidelines was a bad idea at least for today lol

But UNP and NSC still is a good buy even at these levels 

Even with the run-up there are still some bargains to be had. Tomorrow they can be bigger bargains or off to the races. Its a surprise every day I look 

LMT, NOC, GD, VZ, PII, PSX, AAP, MMM, BEN, HII, HON, STOR, BMY, ABBV, CVS, PEP. BEP, BIP, MO, EXC and D. Just some names I'm throwing out your way lol

(03-24-2020, 04:02 PM)fenders53 Wrote:

(03-24-2020, 03:34 PM)divmenow Wrote:

(03-24-2020, 01:29 PM)fenders53 Wrote: Railroads just now caught my eye.  There is some more quality on a nasty pullback.  I need to put a second mortgage on my house tomorrow lol.

You should have bought them yesterday 

Keeping cash on the sidelines was a bad idea at least for today lol

But UNP and NSC still is a good buy even at these levels 

Even with the run-up there are still some bargains to be had. Tomorrow they can be bigger bargains or off to the races. Its a surprise every day I look 

LMT, NOC, GD, VZ, PII, PSX, AAP, MMM, BEN, HII, HON, STOR, BMY, ABBV, CVS, PEP. BEP, BIP, MO, EXC and D. Just some names I'm throwing out your way lol

Don't be trying to lure me into your overpriced railroads two days late so you can leave me holding the bag.    

I own 2/3rds of the tickers you posted, so quit stealing my ideas lol.  I trimmed about 10 tickers right at the close, because  I've seen this movie before.  I own 45 stocks now.  I don't know how that happened lol.  Most of them are down at least a little so I'm stuck with too many stocks for now.  I want to tiptoe back to my UTE bomb shelter but I got caught with little cash.  Exactly why I sold some at the close.  We will probably be up some one more day though when the mother of all stimulus plans is approved.  We'll see.

(03-24-2020, 05:13 PM)divmenow Wrote:

(03-24-2020, 04:02 PM)fenders53 Wrote:

(03-24-2020, 03:34 PM)divmenow Wrote:

(03-24-2020, 01:29 PM)fenders53 Wrote: Railroads just now caught my eye.  There is some more quality on a nasty pullback.  I need to put a second mortgage on my house tomorrow lol.

You should have bought them yesterday 

Keeping cash on the sidelines was a bad idea at least for today lol

But UNP and NSC still is a good buy even at these levels 

Even with the run-up there are still some bargains to be had. Tomorrow they can be bigger bargains or off to the races. Its a surprise every day I look 

LMT, NOC, GD, VZ, PII, PSX, AAP, MMM, BEN, HII, HON, STOR, BMY, ABBV, CVS, PEP. BEP, BIP, MO, EXC and D. Just some names I'm throwing out your way lol

Don't be trying to lure me into your overpriced railroads two days late so you can leave me holding the bag.    

I own 2/3rds of the tickers you posted, so quit stealing my ideas lol.  I trimmed about 10 tickers right at the close, because  I've seen this movie before.  I own 45 stocks now.  I don't know how that happened lol.  Most of them are down at least a little so I'm stuck with too many stocks for now.  I want to tiptoe back to my UTE bomb shelter but I got caught with little cash.  Exactly why I sold some at the close.  We will probably be up some one more day though when the mother of all stimulus plans is approved.  We'll see.

Just because you own 1 share of something we wont count that in your 45 names  

Get back in those UTES. They look the most attractive now. Well at least better then they were  a month ago    

And I did yesterday was the time to buy the rails.

How about that WEN. Damn I should have stayed in that name 

(03-24-2020, 06:12 PM)fenders53 Wrote:

(03-24-2020, 05:13 PM)divmenow Wrote:

(03-24-2020, 04:02 PM)fenders53 Wrote:

(03-24-2020, 03:34 PM)divmenow Wrote:

(03-24-2020, 01:29 PM)fenders53 Wrote: Railroads just now caught my eye.  There is some more quality on a nasty pullback.  I need to put a second mortgage on my house tomorrow lol.

You should have bought them yesterday 

Keeping cash on the sidelines was a bad idea at least for today lol

But UNP and NSC still is a good buy even at these levels 

Even with the run-up there are still some bargains to be had. Tomorrow they can be bigger bargains or off to the races. Its a surprise every day I look 

LMT, NOC, GD, VZ, PII, PSX, AAP, MMM, BEN, HII, HON, STOR, BMY, ABBV, CVS, PEP. BEP, BIP, MO, EXC and D. Just some names I'm throwing out your way lol

Don't be trying to lure me into your overpriced railroads two days late so you can leave me holding the bag.    

I own 2/3rds of the tickers you posted, so quit stealing my ideas lol.  I trimmed about 10 tickers right at the close, because  I've seen this movie before.  I own 45 stocks now.  I don't know how that happened lol.  Most of them are down at least a little so I'm stuck with too many stocks for now.  I want to tiptoe back to my UTE bomb shelter but I got caught with little cash.  Exactly why I sold some at the close.  We will probably be up some one more day though when the mother of all stimulus plans is approved.  We'll see.

Just because you own 1 share of something we wont count that in your 45 names  

Get back in those UTES. They look the most attractive now. Well at least better then they were  a month ago    

And I did yesterday was the time to buy the rails.

How about that WEN. Damn I should have stayed in that name 

You must have me confused with the Two Share Guru.  How ironic is that lol.

I completely missed the rails after watching them for a longtime at high valuations.  I have too many stocks to track as wild as the market is.  I do have a half dozen $1K positions.  Either a bit speculative, or I dipped my toe in the pool because deep down I know they aren't really cheap enough for a real buy yet. 

I traded WEN from 15-20 quite a few times.  We may have seen the bottom when it went sub 7.  I won't chase and hold it with their weak credit rating it but it will be back to 18+ when the world calms down.  I am hoping restaurants get hammered one more time. now that I am light.  I'd like to see UTEs get hit again too.  The market will love them again when everything else is blowing earnings.

(03-24-2020, 07:59 PM)divmenow Wrote:

(03-24-2020, 06:12 PM)fenders53 Wrote:

(03-24-2020, 05:13 PM)divmenow Wrote:

(03-24-2020, 04:02 PM)fenders53 Wrote:

(03-24-2020, 03:34 PM)divmenow Wrote: You should have bought them yesterday 

Keeping cash on the sidelines was a bad idea at least for today lol

But UNP and NSC still is a good buy even at these levels 

Even with the run-up there are still some bargains to be had. Tomorrow they can be bigger bargains or off to the races. Its a surprise every day I look 

LMT, NOC, GD, VZ, PII, PSX, AAP, MMM, BEN, HII, HON, STOR, BMY, ABBV, CVS, PEP. BEP, BIP, MO, EXC and D. Just some names I'm throwing out your way lol

Don't be trying to lure me into your overpriced railroads two days late so you can leave me holding the bag.    

I own 2/3rds of the tickers you posted, so quit stealing my ideas lol.  I trimmed about 10 tickers right at the close, because  I've seen this movie before.  I own 45 stocks now.  I don't know how that happened lol.  Most of them are down at least a little so I'm stuck with too many stocks for now.  I want to tiptoe back to my UTE bomb shelter but I got caught with little cash.  Exactly why I sold some at the close.  We will probably be up some one more day though when the mother of all stimulus plans is approved.  We'll see.

Just because you own 1 share of something we wont count that in your 45 names  

Get back in those UTES. They look the most attractive now. Well at least better then they were  a month ago    

And I did yesterday was the time to buy the rails.

How about that WEN. Damn I should have stayed in that name 

You must have me confused with the Two Share Guru.  How ironic is that lol.

I completely missed the rails after watching them for a longtime at high valuations.  I have too many stocks to track as wild as the market is.  I do have a half dozen $1K positions.  Either a bit speculative, or I dipped my toe in the pool because deep down I know they aren't really cheap enough for a real buy yet. 

I traded WEN from 15-20 quite a few times.  We may have seen the bottom when it went sub 7.  I won't chase and hold it with their weak credit rating it but it will be back to 18+ when the world calms down.  I am hoping restaurants get hammered one more time. now that I am light.  I'd like to see UTEs get hit again too.  The market will love them again when everything else is blowing earnings.

Two share Guro.... Good one. I think you may have upset her with that comment 

I wont buy WEN stock again unless it goes back under $10. But I will continue to go to the drive through 4 times a week 

I don't see the restaurants going back down to retest those lows. They will come back down some, but not to where we like them. I think we missed our opportunities. Wish I 
bought MCD at $125 damit lol

There's still a lot of other great opportunities out there. i'm going to focus on those names. Maybe I will buy NSC tomorrow on a pullback. Everytime I mention a stock on here it goes up lol

Stay safe everyone in this difficult times

(03-24-2020, 05:44 AM)divmenow Wrote:

(03-24-2020, 05:31 AM)rayray Wrote: at this point--i'm adding on the way down and i'll be adding on the way up

You had me until you said on the way up    

I hope we can hold these gains today. We could all use a positive day. Any positive in general 

BA back up to $116 pre/market. I still haven’t bought it. My 52 week low list is a mile long. Can’t buy them all lol