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The Speculative Stocks....
#21
I'm content doing what I've been doing for income, but I enjoy trying new things so we'll have to converse more about your strategy.

I am going to starting playing both ways with Deere again soon. I've seriously called the short-term swing on DE about 7 times in a row. Only played it on the short side though. Living 10 miles from World HQ and a bunch of their plants is a useful. Friends and family employees (Low level employees, not like they are sharing official financials) Definitely not insider trading or anything remotely like that, but our local newspaper discussed layoffs, production increases/decreases and stuff like that. The info doesn't even make the major analyst reports or the business wire half the time. I find that odd. Anyway Deere isn't going to 100 or 200 in a week so I think I am going to start playing it similar as I've done with MET for going on two years now. Get some long shares on the next good dip, then play the swings with conservative spreads. My friends trade their DE 401k retirement accounts as well. <160 and they are jumping all over it, around 175 and they are trimming. It's been a good idea for some time now. Smile
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#22
TEVA is up 9% after results today. This baby is heading to $20 by year end. If Opioid sattlement comes, it will be $30. Bought some AMRX. Same story.
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#23
(02-12-2020, 04:00 PM)vbin Wrote: TEVA is up 9% after results today. This baby is heading to $20 by year end. If Opioid sattlement comes, it will be $30. Bought some AMRX. Same story.
I put TEVA on my watch list when you suggested it, but it went the wrong way.  Congrats!

OLN is doing pretty well.  I expect it to continue to trade in a range for now though.  I think I may add to it on the next dip, and trade some around the position.
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#24
(02-12-2020, 05:22 PM)fenders53 Wrote:
(02-12-2020, 04:00 PM)vbin Wrote: TEVA is up 9% after results today. This baby is heading to $20 by year end. If Opioid sattlement comes, it will be $30. Bought some AMRX. Same story.
I put TEVA on my watch list when you suggested it, but it went the wrong way.  Congrats!

OLN is doing pretty well.  I expect it to continue to trade in a range for now though.  I think I may add to it on the next dip, and trade some around the position.
It might be better to buy a stock when it's rising rather than falling. I started buying Teva at $21 all the way upto $6 with DCA to $10 and change. I am thinking to add more.
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#25
(02-12-2020, 09:44 PM)vbin Wrote:
(02-12-2020, 05:22 PM)fenders53 Wrote:
(02-12-2020, 04:00 PM)vbin Wrote: TEVA is up 9% after results today. This baby is heading to $20 by year end. If Opioid sattlement comes, it will be $30. Bought some AMRX. Same story.
I put TEVA on my watch list when you suggested it, but it went the wrong way.  Congrats!

OLN is doing pretty well.  I expect it to continue to trade in a range for now though.  I think I may add to it on the next dip, and trade some around the position.
It might be better to buy a stock when it's rising rather than falling. I started buying Teva at $21 all the way upto $6 with DCA to $10 and change. I am thinking to add more.

Agreed.  Chasing 52 weeks lows is usually a bad plan with speculative stocks.  Chasing highs is better if you are trading.
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#26
(02-08-2020, 09:53 PM)fenders53 Wrote: I can't think of a fundamental catalyst that could cause it to move up in the short-term.  Probably about as safe as a short ever gets with the bad chart and financials. Let us know how you do.

Flushing sound was earnings today. Couldn't even get out at my target.

Had to take extra $5 profit-LOL
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#27
(02-20-2020, 10:09 PM)NilesMike Wrote:
(02-08-2020, 09:53 PM)fenders53 Wrote: I can't think of a fundamental catalyst that could cause it to move up in the short-term.  Probably about as safe as a short ever gets with the bad chart and financials. Let us know how you do.

Flushing sound was earnings today. Couldn't even get out at my target.

Had to take extra $5 profit-LOL

Good for you Mike!  That Dividend cut for SIX was brutal. It was obvious something had to give, but that was rough. That stock is going lower for now.
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#28
I've been looking at some seasonality stuff this morning and this jumped off my charts.

Since 1994, MCD 4th quarter has gained 10% or more 16 times. 5 times it took until all of Q1 to hit the mark and twice it took another Quarter. Only once did it not hit-2008.

Buying an ATM call and selling one 10% higher would have net a 20 bagger while being in the market a fraction of the time. 10% bump returns 100% +/- on the option trade.

An outright purchase of MCD in 1994 would have also resulted in similar gains but with a 69% drawdown period over 4 years time. How many still hold through that is the question.

I'm trying to do the math of compounding your wins. I.E. first year 5K gain on 2.5 risked, next year 10K on 5, next year 20K on 10, 30 on 15 risk etc. I'm getting woozy.

I'll try to find other anomalies at different calendar period when I recover-LOL
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