07-09-2021, 09:35 AM
[quote pid='27228' dateline='1625840821']
[quote pid='27225' dateline='1625839764']
[quote pid='27223' dateline='1625838851']
Uncle Joe gave us a buying opportunity in railroad stocks.
I bought my first NSC shares. I still think the entry price is damn high, then again that seems to have been the trend for these for the past several years. But I'm ok starting to nibble here, larger purchases will have to wait.
[/quote]
I have accepted the fact that about every good stock I own or care to own will be targeted with political paper at some point. I have also decided that when railroad stocks are truly cheap my port will be melting so I just add slowly.
Before the market has it's next mood swing I closed some option that got profitable fast. Multiple contracts in WY and HAS. Thanks to Ken for HAS. That one wasn't even on my radar before you mentioned it. The nieces and nephews Christmas toys are paid for now. Still have a few long shares and wish I had bought more a few weeks ago. It does look like a good DGI stock to hold.
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I don't own HAS. Toys to me are a a fad. You get 1-2 hot toys a year and the rest sits on shelves. Kids now a days don't even play with toys anymore. Its all games on the IPAD, Fortnite or Roblox.
The big generator for Hasbro is Magic the Gathering. Where would the growth be without the card business?? NERF is not as popular as it was 2 years ago. My kids and friends use to love it and play every day. They lost interest and haven't picked up one in years. And my kids' are 7.8, 11 and 14.
HAS looks good but I just don't trust it especially with the shutdown over and kids will be doing other things now and the toy industry will slow.
But that's just my opinion.
[/quote]
I'll just find a place to invest my locked in fad profits now. I'll be back on a hard dip.
[quote pid='27225' dateline='1625839764']
[quote pid='27223' dateline='1625838851']
Uncle Joe gave us a buying opportunity in railroad stocks.
I bought my first NSC shares. I still think the entry price is damn high, then again that seems to have been the trend for these for the past several years. But I'm ok starting to nibble here, larger purchases will have to wait.
[/quote]
I have accepted the fact that about every good stock I own or care to own will be targeted with political paper at some point. I have also decided that when railroad stocks are truly cheap my port will be melting so I just add slowly.
Before the market has it's next mood swing I closed some option that got profitable fast. Multiple contracts in WY and HAS. Thanks to Ken for HAS. That one wasn't even on my radar before you mentioned it. The nieces and nephews Christmas toys are paid for now. Still have a few long shares and wish I had bought more a few weeks ago. It does look like a good DGI stock to hold.
[/quote]
I don't own HAS. Toys to me are a a fad. You get 1-2 hot toys a year and the rest sits on shelves. Kids now a days don't even play with toys anymore. Its all games on the IPAD, Fortnite or Roblox.
The big generator for Hasbro is Magic the Gathering. Where would the growth be without the card business?? NERF is not as popular as it was 2 years ago. My kids and friends use to love it and play every day. They lost interest and haven't picked up one in years. And my kids' are 7.8, 11 and 14.
HAS looks good but I just don't trust it especially with the shutdown over and kids will be doing other things now and the toy industry will slow.
But that's just my opinion.
[/quote]
I'll just find a place to invest my locked in fad profits now. I'll be back on a hard dip.