(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.

(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.

(10-30-2020, 03:36 PM)fenders53 Wrote:

(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.

How did you end up doing on the ULTA position?  You've held it for years right?  More importantly what would need to change to make it a decent buy?  I ask because it's on my watch list.  The mall footprint makes me cautious for the near future.  I have a cousin-inlaw that manages an Ulta  store.     

I have another week or so of cash for small purchases, then it's time to re-arrange the deck chairs on the Titanic.  Unlike March I don't have much trash I feel the need to take out this time.

(10-30-2020, 03:37 PM)divmenow Wrote:

(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.

Eric noooo... Don't sell ULTA.. It was one of the few in the green today 

You should have kept both.  They go hand and hand.. Didn't you get my memo about women shoppers lol. I love ULTA. I have 2 daughters who shop there weekly. Well my money 

Honestly for me I have no reason to sell it. They are doing very well. If it gets to $185 or so I will add more. 

I'm kidding with you. Hope it works out.

(10-30-2020, 03:42 PM)EricL Wrote:

(10-30-2020, 03:36 PM)fenders53 Wrote:

(10-30-2020, 02:56 PM)EricL Wrote: Sold out of my ULTA position and used the proceeds to initiate a position in ETSY.

How did you end up doing on the ULTA position?  You've held it for years right?  More importantly what would need to change to make it a decent buy?  I ask because it's on my watch list.  The mall footprint makes me cautious for the near future.  I have a cousin-inlaw that manages an Ulta  store.     

I have another week or so of cash for small purchases, then it's time to re-arrange the deck chairs on the Titanic.  Unlike March I don't have much trash I feel the need to take out this time.

I owned ULTA for about a year in this account and took a 14% loss.

I like ETSY's growth prospects much more than ULTA in the current economy. This was in a trading account, so while I think ULTA may be fine long-term, I bought it for growth, and it's not doing much growing right now.

(11-01-2020, 06:01 PM)vbin Wrote: Talking to some of my friends seems like Covid will continue well into 2022 even with vaccine. It's a virus after all and they mutate and don't disappear just like that. It will become less deadly as human body adapts and herd immunity develops.

People are getting less and less cautious and trying to be more out and about. 2021 beyond travel will start going up and people won't be as affraid to eat out or social.

Given a lot of oil acquisitions/ consolidations are happening and more will happen while the production declines. I am getting bulish on oil 4-5 years from now.

Seriously thinking to add more oil( I am already waist deep in it). Can oil trade at $100 a barrel before 2025? @fenders53 and other more seasoned folks would love to hear some thoughts on this again.

(11-01-2020, 09:58 PM)fenders53 Wrote: Anyone have any election moves in mind?

(11-02-2020, 05:04 AM)crimsonghost747 Wrote:

(11-01-2020, 09:58 PM)fenders53 Wrote: Anyone have any election moves in mind?

Well, I've got a ton of money to throw around as one of my larger holdings (Northview REIT) is getting bought out this week. Funnily enough I can't find an exact date, but it says "scheduled to close the week of November 2", so should be any day now.   And of course I just added my monthly cash injection to my portfolio as it's the beginning of the month.


So, no matter what happens, I'll be adding quite a bit of quality companies in these coming days/weeks. Looks like it'll be mostly REITs, defense, and some of those "always expensive but always good" stocks such as PEP, JNJ, HON.