OFFICIAL: STOCK ADVICE THREAD

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mook said:
I get the whole zig when other people zag thing now. Finally.
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I actually disagree with this strategy. It is impossible to time the market, so you never know when a 5% decline and sell-off is going to turn into a 30% drop. The large hedge funds are going to drive the market, so if they are selling, you should be selling. If they are buying, you should be buying. That is different from listening to your friends and their fear or greed. They aren't moving the market like the large funds are.

The trend is your friend. Buy high, sell higher.

This approach can only work if you're willing to monitor and be active. If you just want to buy and hold, don't listen to what I'm saying.
 
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magnifier661 said:
Well there was one democratic president that had a strong stock market and dollar. He liked cigars and secretaries
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bill_clinton_the_lady_killer_by_sharpwriter-d5wx11h.jpg
 
I just bought some XIV @ 21.2. I'm not sure if I have the balls to sit through some of the volatility of this thing, but we'll see.
 
blazerboy30 said:
I just bought some XIV @ 21.2. I'm not sure if I have the balls to sit through some of the volatility of this thing, but we'll see.
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Good luck man!!! That shit scares me. I've always been a long stock guy
 
blazerboy30 said:
I'm trying to get better at bi-directional trading. I'm only going with a really small position on this one for now.
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Well I tried doing a quick move with a stock called "frontline" FRO and bought in at $9.20 a share. By the time I gave up and sold my loss; I sold it for $2.95. I think it's now $2.00. I had 2,000 shares and lost nearly 16k in less than a year. Uggg
 
magnifier661 said:
Well I tried doing a quick move with a stock called "frontline" FRO and bought in at $9.20 a share. By the time I gave up and sold my loss; I sold it for $2.95. I think it's now $2.00. I had 2,000 shares and lost nearly 16k in less than a year. Uggg
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My worst trade ever was buying Bank of America. I bought in 2008 when it was "so low it couldn't possibly go lower" after it had dropped from about $50 to $30. It then proceeded to drop from about $30 to $3.

This is why I don't believe in the "buy when others are selling" strategy. Stocks can and will go lower than you think.
 
blazerboy30 said:
My worst trade ever was buying Bank of America. I bought in 2008 when it was "so low it couldn't possibly go lower" after it had dropped from about $50 to $30. It then proceeded to drop from about $30 to $3.

This is why I don't believe in the "buy when others are selling" strategy. Stocks can and will go lower than you think.
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I totally agree! Stocks aren't as "for sure" as people think. Take my other investment "Teva". It's so under valued its pathetic. The p/e is way off the charts. That is a strong stock; but doesn't have much interest with hedge funds. It's definitely a $55 stock, but the market says its $38 right now. Every dip; I'm buying the shit out of it. I hold around 7,500 shares. It helps that it pays about $1.50 per share per year in dividends to help the under value.
 
http://online.wsj.com/article/SB10001424127887324034804578344700001827428.html

The Dow Jones Industrial Average has hit an all-time high. The Standard & Poor's 500-stock index is close behind. Stock prices remain reasonably priced based on many measures, individual investors are shifting back to stocks and corporate profits have been strong.

So what are a group of hedge funds and other investors doing? Selling.

Bearish-minded traders point to a variety of concerns, including the market's reliance on the Federal Reserve's help, signs of excesses in corners of the bond market and froth in speculative shares. Some, like James Litinsky, even predict a recession over the next year because the recovery from the 2008 downturn is getting long in the tooth and the Fed won't juice markets forever.

"The rally is built on unprecedented government intervention," said Mr. Litinsky, who runs the $1.3 billion hedge fund JHL Capital Group. He is betting against a number of stocks and wagering on climbing Treasury rates. "The economy is fine right now, but there could be a trigger moment," such as the Fed reining in its bond buying, that could cause interest rates to go higher and stocks to tumble.
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I'm guessing sometime in 2015, so you have a window...just gotta watch the FED announcements pretty carefully, which is what most of the market is doing. Once the party is over, you'll have a huge sell-off.
 
magnifier661 said:
With all advice, you must put a disclaimer that the advice will not guarantee gains and stuff!

Okay so here is my first attempt.... Make sure you understand that, by no means, this is a guarantee.

symbol: AAMRQ (AMERICAN AIRLINES).

Yes you remembered correctly.... They were going bankrupt until US airways merged with their company.

I think they have taken a big hit when shit hit the fan, but I think they are unfairly devalued. I think they could be a $6 stock in about a year or 2; which would be a significant gain being a $2.75 stock right now. The advantage is they have been completely re-organized and should start functioning with profit soon.

I bought in at 2.70 (1,000 shares)
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So far, so good on the AAMRQ. Now the hard part...when do you get out?
 
magnifier661 said:
With all advice, you must put a disclaimer that the advice will not guarantee gains and stuff!

Okay so here is my first attempt.... Make sure you understand that, by no means, this is a guarantee.

symbol: AAMRQ (AMERICAN AIRLINES).

Yes you remembered correctly.... They were going bankrupt until US airways merged with their company.

I think they have taken a big hit when shit hit the fan, but I think they are unfairly devalued. I think they could be a $6 stock in about a year or 2; which would be a significant gain being a $2.75 stock right now. The advantage is they have been completely re-organized and should start functioning with profit soon.

I bought in at 2.70 (1,000 shares)
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Its at 3.20 a share now. $500 gain.
 
blazerboy30 said:
So far, so good on the AAMRQ. Now the hard part...when do you get out?
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I'm going long with this company because they haven't even hit the market. I may just buy another 1,000 shares. I have a feeling this stock will be a $6.00 share.
 
magnifier661 said:
I'm going long with this company because they haven't even hit the market. I may just buy another 1,000 shares. I have a feeling this stock will be a $6.00 share.
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Where does your $6/share estimate come from?
 
blazerboy30 said:
Where does your $6/share estimate come from?
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Well they haven't even started up; but will eventually be there with the reorganization. Looking at other airline stocks being around 8-9 a share. They will be up and running right when the summer starts.
 
magnifier661 said:
Now at 3.58, up 10.58%
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Nice call, man. However, I just realized it is on the pink sheets. Yikes... I'd be scared to touch those. If I were you, I'd have a pre-determined set of criteria to exit your position.
 
blazerboy30 said:
Nice call, man. However, I just realized it is on the pink sheets. Yikes... I'd be scared to touch those. If I were you, I'd have a pre-determined set of criteria to exit your position.
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I think I may sell half the shares when I double my gain. That way I don't lose out. I'm still thinking about it. The private holdings just closed out; so we can see all the volatile movement soon. ;)
 
It's at 4.06 right now. Just made 1,360 off a $2,700 investment. Pretty happy right now
 
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