Stocks/Investment Thread

Home ▸ Archive ▸ Serious Business ▸ Stocks/Investment Thread
ohiobucks1's avatar

ohiobucks1

USA American

4,915 posts
Nov 13, 2013 6:21 PM
Does anybody day-trade or trade on a semi often basis?


I tried to buy twitter at $26 but I wasn't rich enough so my broker couldn't get it until it went up. I'm hoping it comes back down so I can put some money into it.


What are you all eyeing this year?
Nov 13, 2013 6:21pm
Rotinaj's avatar

Rotinaj

Senior Member

7,699 posts
Nov 13, 2013 6:35 PM
A friend of mine bought like $200 worth in crocs a long ass time ago and I still make fun of him for it to this day.
/coolstorybro
Nov 13, 2013 6:35pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Nov 13, 2013 6:37 PM
The only stock I am currently in is KOG. I actually heard about it on here from j_crazy I believe about a year and a half ago. Did some research and decided to get into it. Got into it at 10 and its now around 13. I don't have a whole lot into it though.

I havent done any research at all on twitter, but if I remember hearing right they arent even turning a profit? Seems like something I would stay away from. I wonder what their plans are for the future to change that.

Chegg had its IPO today I believe. Not very attractive to me, either.
Nov 13, 2013 6:37pm
ohiobucks1's avatar

ohiobucks1

USA American

4,915 posts
Nov 13, 2013 7:17 PM
i got into FB at $28, so I'm pretty happy there... I saw they offered 3 billion $ for snapchat... maybe right now is the time to get out!
Nov 13, 2013 7:17pm
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 13, 2013 9:49 PM
ohiobucks1;1535202 wrote:Does anybody day-trade or trade on a semi often basis?


I tried to buy twitter at $26 but I wasn't rich enough so my broker couldn't get it until it went up. I'm hoping it comes back down so I can put some money into it.


What are you all eyeing this year?
You want to buy shares in a company that has never made a single penny?
Nov 13, 2013 9:49pm
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 13, 2013 9:53 PM
I don't invest in any specific stocks but I do invest in a lot of ETFs. I advise against anyone putting any money into individual securities that you can't afford to lose; because chances are you will lose no matter how smart you think you are.
Nov 13, 2013 9:53pm
ohiobucks1's avatar

ohiobucks1

USA American

4,915 posts
Nov 13, 2013 9:55 PM
sleeper;1535278 wrote:You want to buy shares in a company that has never made a single penny?

Yes because at @26$ a share I would have made money.
Nov 13, 2013 9:55pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Nov 13, 2013 9:56 PM
I've learned to stay away from ST trading. Got burnt about every time when I was younger.
Nov 13, 2013 9:56pm
Mulva's avatar

Mulva

Senior Member

13,650 posts
Nov 13, 2013 10:00 PM
sleeper;1535278 wrote:You want to buy shares in a company that has never made a single penny?
They made about 35 billion pennies last year. They just spent more of them.
Nov 13, 2013 10:00pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Nov 13, 2013 10:04 PM
Mulva;1535289 wrote:They made about 35 billion pennies last year. They just spent more of them.
Article I read said $317 million in rev last year. That isnt a lot. To compare, Facebook had a $3.7 billion in rev when they had their IPO
Nov 13, 2013 10:04pm
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 13, 2013 10:22 PM
ohiobucks1;1535284 wrote:Yes because at @26$ a share I would have made money.
Oh really? You knew that beforehand? Do you realize that IPOs fail hard sometimes and investors lose their shirt? Yeah, Twitter blew up but the first trades were at $46 so the only people who made money on this were rich people.
Nov 13, 2013 10:22pm
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 13, 2013 10:22 PM
Mulva;1535289 wrote:They made about 35 billion pennies last year. They just spent more of them.
Yeah it's been that way for 7 years. Your point?
Nov 13, 2013 10:22pm
ohiobucks1's avatar

ohiobucks1

USA American

4,915 posts
Nov 13, 2013 10:25 PM
sleeper;1535305 wrote:Oh really? You knew that beforehand? Do you realize that IPOs fail hard sometimes and investors lose their shirt? Yeah, Twitter blew up but the first trades were at $46 so the only people who made money on this were rich people.
I realize that, which is why I was mad I wasn't able to get in at the IPO of $26. I wasnt about to invest at 47
Nov 13, 2013 10:25pm
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 13, 2013 10:33 PM
ohiobucks1;1535310 wrote:I realize that, which is why I was mad I wasn't able to get in at the IPO of $26. I wasnt about to invest at 47
I'm not an expert in IPOs but I really think tech companies right now are too risky. Facebook and LinkedIN I think are probably slightly overpriced but I at least get it. Twitter, SnapChat, Pininterest, etc. I think its hard to contribute their rise to anything more than irrational exuberance. I don't trust it, I don't get it, I'm OUT.
Nov 13, 2013 10:33pm
ohiobucks1's avatar

ohiobucks1

USA American

4,915 posts
Nov 13, 2013 10:45 PM
sleeper;1535315 wrote:I'm not an expert in IPOs but I really think tech companies right now are too risky. Facebook and LinkedIN I think are probably slightly overpriced but I at least get it. Twitter, SnapChat, Pininterest, etc. I think its hard to contribute their rise to anything more than irrational exuberance. I don't trust it, I don't get it, I'm OUT.
I think linkedIn is certainly overpriced.
Nov 13, 2013 10:45pm
Mulva's avatar

Mulva

Senior Member

13,650 posts
Nov 13, 2013 11:07 PM
sleeper;1535306 wrote:Yeah it's been that way for 7 years. Your point?
My point is your statement was factually incorrect.
Nov 13, 2013 11:07pm
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 13, 2013 11:10 PM
Mulva;1535339 wrote:My point is your statement was factually incorrect.
No. Revenue is not the same as profit. Please take a accounting class.
Nov 13, 2013 11:10pm
S

Sonofanump

Nov 13, 2013 11:22 PM
Diversified in a shit load of mutual funds. Let them ride until the end. It's not worth anything until I sell it.
Nov 13, 2013 11:22pm
Glory Days's avatar

Glory Days

Senior Member

7,809 posts
Nov 13, 2013 11:23 PM
i have about 10k wrapped up in stocks. I don't mess with them though. they are either holding steady or slowly increasing and bringing in dividends.
Sonofanump;1535353 wrote:Diversified in a shit load of mutual funds. Let them ride until the end. It's not worth anything until I sell it.
I also have a bunch tied up in mutual funds.
Nov 13, 2013 11:23pm
Mulva's avatar

Mulva

Senior Member

13,650 posts
Nov 13, 2013 11:23 PM
sleeper;1535344 wrote:No. Revenue is not the same as profit. Please take a accounting class.
Tech companies rarely use GAAP, so an accounting class wouldn't be especially helpful.
Nov 13, 2013 11:23pm
Pick6's avatar

Pick6

A USA American

14,946 posts
Nov 13, 2013 11:29 PM
Mulva;1535355 wrote:Tech companies rarely use GAAP, so an accounting class wouldn't be especially helpful.
following GAAP or not, your definition of "making money" is flawed. They still have to have a set of books using GAAP for reporting, though.

The fact that Twitter uses some non-GAAP and still posts a loss is sad.
Nov 13, 2013 11:29pm
G

gut

Senior Member

15,058 posts
Nov 13, 2013 11:50 PM
Cash is king. Twitter's price to cash flow is obscene. It implies ridiculous growth assumptions that are hard to justify. They do have some interesting monetization strategies, but certainly not as compelling as a Google or even Facebook (or LinkedIn, for that matter). Heck, just look at Groupon.

I wouldn't go near Twitter for at least 3 months until some of the hype dies down. I just read 2 out of 3 tech stocks trade an average of 11% below their IPO price 3 months later.
Nov 13, 2013 11:50pm
G

gut

Senior Member

15,058 posts
Nov 13, 2013 11:55 PM
Individual stocks are nothing more than professional gambling. It's a fools game. The novice investor has no idea what they are up against - and the pro's still struggle to consistently beat the market.

You're better off with thematic investing, identifying trends and targeting baskets of stocks that would gain from it. Just ask Al Gore.
Nov 13, 2013 11:55pm
Q

queencitybuckeye

Senior Member

7,117 posts
Nov 14, 2013 6:13 AM
Day trading isn't investing IMO, nor is any other variation of "playing the market". I'm old-fashioned. To me, a market is just a place where a good is exchanged for money, in this case, shares of stock. Stock represents a piece of ownership in a company. Based on those simple truths, I invest in individual stocks, and outperform the market in the long term. I would agree with anyone saying that investing in individual stocks carries too much risk in which to place more than a modest percentage of their portfolio, but to suggest one can't make money is incorrect.

I would suggest anyone interested in investing in stocks pick up books written by Peter Lynch. If the mutual fund industry had a Mount Rushmore, he'd be a no-brainer to be included. At the forefront of his advice is to invest in what you know. Seeing doctors invest in construction equipment companies while a construction foreman invests in some high tech medical gadget seems not to make a whole lot of logical sense. Go with what you know, and if a company looks interesting, learn what you can about them, and that includes digging through the numbers and knowing what the numbers should be. It doesn't take an "expert" to make a reasonable determination of whether a particular company in your area(s) of expertise are undervalued. It takes becoming an expert yourself.
Nov 14, 2013 6:13am
I

I Wear Pants

Senior Member

16,223 posts
Nov 14, 2013 6:15 AM
gut;1535369 wrote:Individual stocks are nothing more than professional gambling. It's a fools game. The novice investor has no idea what they are up against - and the pro's still struggle to consistently beat the market.

You're better off with thematic investing, identifying trends and targeting baskets of stocks that would gain from it. Just ask Al Gore.
You an do well with individual stocks it's just best to not try to be someone who is constantly buying and selling, you'll lose your shirt. If you're interested in stocks buy to hold, buy what you know and use like Buffet. If you're not going to do that you're much better off investing in something else.
Nov 14, 2013 6:15am