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RE: What Did You Buy Today? - ken-do-nim - 04-15-2021

I'm eyeballing MARA; didn't put a stop on it yet. It's hovering near death's door but the patient still has a heartbeat. Stupid purchase anyway, when things like WEBL and TECL are day in day out performers. Today, however, the shame belongs to ORC. Sad


RE: What Did You Buy Today? - fenders53 - 04-15-2021

Recharged my short puts as the last round goes away. VSTO-PLTR-DKNG-TSM-ENPH

ENPH always in play in my put port and the market is allowing me to walk them down much closer to where I truly be more interested in adding shares on an exercise. I have no wild idea why TSM is underperforming. Just a faith play as I am OK with holding shares just a litle lower than here. That one expires next week as I do more research. First $1000 option income day in several weeks. I will buy something boring that pays dividends forever with the proceeds on the next real dip.


RE: What Did You Buy Today? - stockguru - 04-15-2021

(04-15-2021, 10:57 AM)ken-do-nim Wrote: I'm eyeballing MARA; didn't put a stop on it yet.  It's hovering near death's door but the patient still has a heartbeat.  Stupid purchase anyway, when things like WEBL and TECL are day in day out performers.  Today, however, the shame belongs to ORC. Sad

Like I said before better to wait on these names and buy at the bottom of its trading range. ORC $5.25-$5.40 not a bad place to buy in. Almost there. But I would only stay in if it remained at these levels and collected the dividend for a few years. If it ran up to over $6 plus again would sell.  But buying in where you did defeats the purpose of collecting the dividend. If that makes sense  Big Grin

Basically I don't want it to move. Just stay where its at and buy 2500 shares and make a $100-150 a month on the dividend.; These stocks are not made to gain momentum and expect a run. You have to own a lot of shares or 100 shares wont do anything for you lol


RE: What Did You Buy Today? - stockguru - 04-15-2021

(04-15-2021, 11:36 AM)fenders53 Wrote: Recharged my short puts as the last round goes away.  VSTO-PLTR-DKNG-TSM-ENPH

ENPH always in play in my put port and the market is allowing me to walk them down much closer to where I truly be more interested in adding shares on an exercise.  I have no wild idea why TSM is underperforming. Just a faith play as I am OK with holding shares just a litle lower than here.  That one expires next week as I do more research. First $1000 option income day in several weeks.  I will buy something boring that pays dividends forever with the proceeds on the next real dip.

ENPH headed back to $132. And if that doesn't hold back under $100. Another momentum stock that has lost its juice  Big Grin


RE: What Did You Buy Today? - ken-do-nim - 04-15-2021

(02-25-2021, 10:25 AM)fenders53 Wrote:
(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts.  Smile

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-15-2021, 10:57 AM)ken-do-nim Wrote: I'm eyeballing MARA; didn't put a stop on it yet.  It's hovering near death's door but the patient still has a heartbeat.  Stupid purchase anyway, when things like WEBL and TECL are day in day out performers.  Today, however, the shame belongs to ORC. Sad

Had enough.  Won't do that again.  At least it makes my taxes better for next year  Big Grin


RE: What Did You Buy Today? - fenders53 - 04-15-2021

(04-15-2021, 11:58 AM)ken-do-nim Wrote:
(02-25-2021, 10:25 AM)fenders53 Wrote:
(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts.  Smile

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-15-2021, 10:57 AM)ken-do-nim Wrote: I'm eyeballing MARA; didn't put a stop on it yet.  It's hovering near death's door but the patient still has a heartbeat.  Stupid purchase anyway, when things like WEBL and TECL are day in day out performers.  Today, however, the shame belongs to ORC. Sad

Had enough.  Won't do that again.  At least it makes my taxes better for next year  Big Grin
Why the cliff dive for ORC?  What was the investment thesis and what changed?  Or did it just hit a stop loss trigger point?


RE: What Did You Buy Today? - ken-do-nim - 04-15-2021

(02-25-2021, 10:25 AM)fenders53 Wrote:
(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts.  Smile

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-15-2021, 12:15 PM)fenders53 Wrote:
(04-15-2021, 11:58 AM)ken-do-nim Wrote:
(02-25-2021, 10:25 AM)fenders53 Wrote:
(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts.  Smile

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-15-2021, 10:57 AM)ken-do-nim Wrote: I'm eyeballing MARA; didn't put a stop on it yet.  It's hovering near death's door but the patient still has a heartbeat.  Stupid purchase anyway, when things like WEBL and TECL are day in day out performers.  Today, however, the shame belongs to ORC. Sad

Had enough.  Won't do that again.  At least it makes my taxes better for next year  Big Grin
Why the cliff dive for ORC?  What was the investment thesis and what changed?  Or did it just hit a stop loss trigger point?

I saw this in the Yahoo Conversations:

If you read last earnings report they had 76,073,317 shares. This report they have 94,410,960. That’s why Book Value dropped. It’s great to see them continue paying 6.5 cents. If it dips buy more. Long 102,000 shares at $5.10.

Edit: 102,000 shares; wow! I don't think I'd ever put that kind of money into ORC.


RE: What Did You Buy Today? - fenders53 - 04-15-2021

Sold ARKF today for a small profit. Still own ARKG. I am going to call that good for ARK funds for now.


RE: What Did You Buy Today? - ken-do-nim - 04-15-2021

(04-15-2021, 05:20 PM)fenders53 Wrote: Sold ARKF today for a small profit.  Still own ARKG.  I am going to call that good for ARK funds for now.

I actually only own a small amount of ARKW in my HSA account, otherwise nothing.  

*****

In other news, I've developed what I'm calling the MARA-HIBL rule.  When a new shiny equity tickles my fancy, but I don't really know too much about it, I can only invest MAX $500 initially.  If it proves itself and I learn a little more about it, then I can invest more.


RE: What Did You Buy Today? - fenders53 - 04-15-2021

(04-15-2021, 11:58 AM)ken-do-nim Wrote:
(02-25-2021, 10:25 AM)fenders53 Wrote:
(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts.  Smile

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-15-2021, 10:57 AM)ken-do-nim Wrote: I'm eyeballing MARA; didn't put a stop on it yet.  It's hovering near death's door but the patient still has a heartbeat.  Stupid purchase anyway, when things like WEBL and TECL are day in day out performers.  Today, however, the shame belongs to ORC. Sad

Had enough.  Won't do that again.  At least it makes my taxes better for next year  Big Grin

(04-15-2021, 06:55 PM)ken-do-nim Wrote:
(04-15-2021, 05:20 PM)fenders53 Wrote: Sold ARKF today for a small profit.  Still own ARKG.  I am going to call that good for ARK funds for now.

I actually only own a small amount of ARKW in my HSA account, otherwise nothing.  

*****

In other news, I've developed what I'm calling the MARA-HIBL rule.  When a new shiny equity tickles my fancy, but I don't really know too much about it, I can only invest MAX $500 initially.  If it proves itself and I learn a little more about it, then I can invest more.
That's a great rule.  I do try to be very disciplined and not invest heavily without very solid DD.  I listen to conference calls and read analyst report etc.  The biggest reason I do this is because I won't be shaken out on the small bad news of the week.  

If you hang around most any internet forum we will hear random recommendations, and a lot of them are very bad advice.  Now and then I will grab a few shares off this thread's random thought of the hour.  Only a few shares or a couple hundred bucks.  It's OK to gamble with small money.  No matter what I read, I am responsible for my purchases.  I am not afraid to ask why somebody is hot on a stock, or hates a stock.  The folks here will tell you if it's a long-term idea or just a Momo flip in a few weeks.   I try to be careful when I hype a stock.  I won't share an idea unless I have done some DD.  

I am off on a tangent again but your idea is solid.  You have a few more years to figure out all your rules lol.

And nothing wrong with ARKK.  I'm jealous I missed the ride.  But she is in charge of big money now and she isn't acting like Peter Lynch.  She is acting like a carnival barker lately.  That's not OK when you manage the massive funds she does.  I hope she changes her course soon.  Her moves are crazy random right now.


RE: What Did You Buy Today? - vbin - 04-15-2021

(04-15-2021, 10:31 AM)stockguru Wrote:
(04-13-2021, 11:50 AM)ken-do-nim Wrote:
(02-25-2021, 10:25 AM)fenders53 Wrote:
(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?
I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts.  Smile

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-13-2021, 11:45 AM)divmenow Wrote:
(04-13-2021, 11:33 AM)ken-do-nim Wrote: In a gambling mood today.  Sold off Verizon, bought MARA (Marathon Digital Holdings).

Wow that's a real gamble since the stock has run from .38 to $58  Big Grin

Blockchain to me is something that may work short term, but I really worry about it long term and once the shorts get a hold of it. 

There's many companies in this space and is very competitive. The big guys like PYPL, V, MA ect will crush these little guys. Good luck. This sector to me is just too complicated to understand for me lol 

I would rather take my chances and buy BABA  Undecided

I'm going to treat it like a triple leveraged and sell if it goes below the drawdown price, which is currently $39 by my charting algorithm.

Did you get stopped out? That $39 happened quickly  Big Grin

I sold some names today. Now at 40% stocks and 60% cash. Like others have said. This is not the time to be greedy. Cash will soon be king. This time that saying will be right lol

I wont get into reasons why but this market is due for a big correction. That minimum wage raising is going to have a big affect on business and the economy at some point. And Biden will fail at some point. And no I'm not going to get into a political battle  Big Grin  I will just say we are in for some pain. And I will wait it out and be patient going forward. Almost every S@P stock is way ahead of itself.  Be patient and there will be better buys in the future.
Agree on the s&p stock valuation. Out of 200 I looked at may be 8 worth investigating. But it can keep going for how long no one knows.


RE: What Did You Buy Today? - fenders53 - 04-15-2021

Minimum wage in any real form isn't even on the front burner at the moment. Last I heard they are talking about staggering raises progressively for five years to $15. AMZN, TGT ,HD , LOW plus more are already on about year four due to market pressure and blowing away profit records. You can check the tape on the profits. It surprised me.

I think SPY is good for a few hundred more points in 2021 due to liquidity and TINA but we are overdue for some chop. Probably by summer. Market didn't care about over valuation 20% ago so I am not going to know when the music stops in advance. The super specs pulled back and the market barely blinked.