What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote: Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(05-12-2021, 02:28 AM)crimsonghost747 Wrote:

(05-12-2021, 01:49 AM)fenders53 Wrote:

(05-12-2021, 01:26 AM)crimsonghost747 Wrote:

(05-11-2021, 03:07 PM)fenders53 Wrote: They made like 4 cents eps.  If would have been ugly If they laid an egg.  The put premiums are stupid good. EZ to walk down as long as it's choppy.

That is the adjusted EPS. And it's all adjustments, not real profit.

Adjusted is all the street cares about now.  In any event they did about what the street expected supposedly.  I've always wondered why the market gets so excited about a penny miss or beat because they can manipulate it that much.

You may be right, but it doesn't change the fact that it's just a way to manipulate the EPS nowadays. Adjustments, I believe, were once included so that you could indeed adjust for big one time things, such as mergers etc. Now it's just a way to continuously, quarter after quarter, year after year, make the EPS seem higher than it is.

I'm looking for companies that I can comfortably hold for 30-40 years, there needs to be real profit and EPS too instead of just adjustments for decades  I always keep my eyes on the real EPS, and then I do have a look at WHAT they have been adjusting for. 

PLTR, for example, had 114 million LOSS from operations. That is a negative margin of around 30%.  
Then they adjust for around 230 million for "stock based compensation" and related items.  For reference, this adjustment is almost 70% of revenue.
And voila, positive EPS!

I get all that, but I still wish I hadn't missed a 10Xer from TSLA while they sold energy credits and never made a dime from operations.    Modern finance is amazing.  I missed out on a lot of great swing trades last year because I got all picky and expected companies to actually make money lol.  

And I have no strong opinion on PLTR other than it's very clear the traders love the stock.  Turns more volume than a blue chip sometimes. I could end up owning shares a little lower than here. If they continue to consume revenue growth with stock compensation they are going to be compensating themselves with five dollar shares.