Stock market tips and experiences

sspade · 11-13-2018, 08:23 PM

Quote:

Originally Posted by XKxRome0ox

i actually have a few CGC, ACB, and CRON (Cronos Group) stocks in my portfolio
very volatile... so going to see if i can just get in and get out for some quick profit

i started off by buying cheaper stocks ... but now I'm ready to buy some more $100+ shares
i'm waiting for my next deposit to clear to buy some shares of Visa and Microsoft

LOL - saw this after I posted...

Im holding 1,500 shares of ACB right now...

Hoping for a miracle.

Already made:

$3k on CRON (sold all shares)
$1k on ACB

sspade · 11-13-2018, 08:24 PM

.

XKxRome0ox · 11-13-2018, 08:28 PM

Quote:

Originally Posted by sspade

LOL - saw this after I posted...

Im holding 1,500 shares of ACB right now...

Hoping for a miracle.

Already made:

$3k on CRON (sold all shares)
$1k on ACB

oh snap
what price point did you get in for CRON?

i just started so kinda late to the game
but hoping that there will be another surge for the marijuana stocks

****** · 11-13-2018, 08:30 PM

Quote:

Originally Posted by XKxRome0ox

so i'm a total newbie to investing in stock market individually
(have only had robo-managed accounts before)
i just joined Robinhood and threw a little money in there to test the waters

of course i got in right before the massive dropoff in October .. then everything recovered ... just to take a dump again this week

anyway
i thought it'd be fun to share our favorite stock picks ... act like we can predict the future
and just share experiences and discuss investment strategies

one of my biggest failures as a newbie in the past couple of weeks?
selling CVS stock the day before dividends were paid out
lol
that's how new i am

should have just held onto CVS as it's been gaining steadily while most other stocks are tanking

(if you want a referral link so we can both get a free stock in some company, please message me)

It doesn’t matter if you held the stock until the dividends were actually paid out. The important date is the ex dividend date. If you bought the stock before that date you still should have received the dividend.

das_m2 · 11-13-2018, 09:10 PM

Quote:

Originally Posted by XKxRome0ox

i actually have a few CGC, ACB, and CRON (Cronos Group) stocks in my portfolio
very volatile... so going to see if i can just get in and get out for some quick profit

i started off by buying cheaper stocks ... but now I'm ready to buy some more $100+ shares
i'm waiting for my next deposit to clear to buy some shares of Visa and Microsoft

Quick profits are for sure available. I'm holding the pot stocks. I bought 1000 shares of ACB at 1.90/share. I'm going to hold for a while. Microsoft is a good one indeed and I just love me some V.

das_m2 · 11-13-2018, 09:10 PM

Quote:

Originally Posted by sspade

Anyone else long on ACB?

Extra LONG man

sspade · 11-13-2018, 09:12 PM

Quote:

Originally Posted by XKxRome0ox

oh snap
what price point did you get in for CRON?

i just started so kinda late to the game
but hoping that there will be another surge for the marijuana stocks

Not the best number for todays standards but if you look at the date and cross reference to price chart... you can see that this was before the mid September run up towards $14/share.

Luckily I dumped the stock before the recent decline and bought ACB... been up and down with them so far but holding out until 4/20/19 at least. I promised myself.

sspade · 11-13-2018, 09:33 PM

Quote:

Originally Posted by CaptObvious

I just made a small profit on Amazon. I might get back in if it dips again.

I need some quick hits, small gains are fine don't have nonsense expectations of making a fortune overnight, so I can increase my classic car fund. A bunch of small gains add up...

This is true... no overnight millionaires.

Ive been paying attention very closely to the cannabis renaissance that is currently underway. Like it or not. Believe it in or not. Its real and its here to stay.

What an amazing time to be alive!

I think you can almost make money by accident with pot stocks right now. You can also lose a bunch of money if you're not careful.

For the record, I do not consider myself a professional investor or day trader of any sorts. Just sit at a desk all day and always have my portfolio up on the screen and marketwatch on another...

BayMoWe335 · 11-13-2018, 11:21 PM

Getting caught up in the hot sector of the day is a stupid, underperforming strategy.

You saw it in bitcoin, people are going to lose their ass on Pot stocks, gold is stupid, shorting is stupid, options are stupid, currency trading Is stupid, and day trading is stupid. By stupid I mean you won’t do well at it over time.

Buy an S&P 500 low cost index fund consistently over time and you’ll do better than 95% of investors, including professionals. Beating the market is next to impossible over a lifetime and you need to invest over a lifetime unless you bet huge and are right.

You won’t listen to me, but this is the best advice you’ll ever get...and it was free.

dreamingat30fps · 11-14-2018, 12:14 AM

Blue Horseshoe loves Anacott Steel

eluded · 11-14-2018, 03:33 AM

Alphabet

scotty91ss · 11-14-2018, 09:46 AM

"THERE IS ALWAYS ANOTHER BUS COMING"
What this means is that if you miss the current bus (whatever sector is hot right now), don't go chasing it. Just watch for the next bus (sector). Sector rotation is very common.

sspade · 11-14-2018, 10:53 AM

Anyone else holding AA?

Im down about $1k right now... own 150 shares @ $41.21

Thoughts/comments?

Target price is over $50, I believe.

Tewie · 11-14-2018, 11:50 AM

Bought in on a few cannabis companies in 2013 for kicks. Most of them tanked but one went from $0.40 to $9.00 recently. That was a pretty satisfying sell of 200 shares.

My best investments have been long term. Made a few sells in the heat of the moment where I wish I just held on for the ride.

AreWeThereYet? · 11-14-2018, 01:31 PM

Quote:

Originally Posted by Tewie

Bought in on a few cannabis companies in 2013 for kicks. Most of them tanked but one went from $0.40 to $9.00 recently. That was a pretty satisfying sell of 200 shares.

My best investments have been long term. Made a few sells in the heat of the moment where I wish I just held on for the ride.

.40 to $9?!?!

CVSI by chance? They've veen tanking the past few weeks despite a decent earnings report last week?!

XKxRome0ox · 11-14-2018, 01:33 PM

woke up to see lots of positive movements
felt good

went to court, got out of court ... and the market is all red now
i don't think i can handle this rollercoaster

Tewie · 11-14-2018, 01:39 PM

Quote:

Originally Posted by AreWeThereYet?

.40 to $9?!?!

CVSI by chance? They've veen tanking the past few weeks despite a decent earnings report last week?!

Yeah CVSI.. I purchased it around 2015-2016 for about $80 for 200 shares and just watched it rise and fall a few times. When it closed in on $9 I hit the sell button as quickly as possible. Would have been nice to have a few thousand shares!

BayMoWe335 · 11-14-2018, 11:27 PM

Quote:

Originally Posted by sspade

Anyone else holding AA?

Im down about $1k right now... own 150 shares @ $41.21

Thoughts/comments?

Target price is over $50, I believe.

My thoughts are target prices literally mean nothing and alcoa is still a terrible business with terrible management.

XKxRome0ox · 11-15-2018, 06:03 PM

i keep telling myself i have to not look at the tickers/charts/numbers constantly ...

but it feels good to see green lines trending up
i'm almost at even! just 1% down across the board

gatorfast · 11-15-2018, 08:16 PM

Buy low and sell high. Always seems to work.

Sea-Tac · 11-15-2018, 08:40 PM

Biotech: doing VERY well with Vertex Pharmaceuticals (NASDAQ:VRTX). Today up about 2.75. Steady growth. One on the most difficult medical conditions to treat is CF (Cystic Fibrosis) Vertex has a very healthy marketing cap of 42 billion in a sector that is clogged will slow movers.

sspade · 11-15-2018, 09:25 PM

Quote:

Originally Posted by Sea-Tac

Biotech: doing VERY well with Vertex Pharmaceuticals (NASDAQ:VRTX). Today up about 2.75. Steady growth. One on the most difficult medical conditions to treat is CF (Cystic Fibrosis) Vertex has a very healthy marketing cap of 42 billion in a sector that is clogged will slow movers.

Appreciate this. Added to watchlist.

11-13-2018, 08:24 PM	#5722
sspade Major General 2487 Rep 5,466 Posts Drives: F30 Join Date: Oct 2017 Location: Stevenson, WA iTrader: (3) Garage List 2016 BMW 320i [7.87] 2014 BMW 328i [6.83]	.
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11-13-2018, 11:21 PM	#5729
BayMoWe335 Colonel 1200 Rep 2,132 Posts Drives: 2010 E92 335i 6MT Join Date: Aug 2009 Location: US iTrader: (0)	Getting caught up in the hot sector of the day is a stupid, underperforming strategy. You saw it in bitcoin, people are going to lose their ass on Pot stocks, gold is stupid, shorting is stupid, options are stupid, currency trading Is stupid, and day trading is stupid. By stupid I mean you won’t do well at it over time. Buy an S&P 500 low cost index fund consistently over time and you’ll do better than 95% of investors, including professionals. Beating the market is next to impossible over a lifetime and you need to invest over a lifetime unless you bet huge and are right. You won’t listen to me, but this is the best advice you’ll ever get...and it was free.
	Appreciate 10 byroncheung182.00 Fakemike372.00 MPower797.50 buldogge151.00 Run Silent15088.00 Nkc1606.50 rangeseeker7.50 hooligan_G016535.00 chiefshabs1.50 Quote

11-14-2018, 12:14 AM	#5730
dreamingat30fps Colonel 5948 Rep 2,016 Posts Drives: Miata, Cayenne, Model 3, F350 Join Date: Jan 2010 Location: South Florida & NC iTrader: (1)	Blue Horseshoe loves Anacott Steel
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11-14-2018, 03:33 AM	#5731
eluded 2JZ-GTE 3166 Rep 4,134 Posts Drives: 340 6MT, 50e, others Join Date: Nov 2015 Location: Sofia iTrader: (0)	Alphabet __________________ A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life.
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11-14-2018, 09:46 AM	#5732
scotty91ss First Lieutenant 183 Rep 320 Posts Drives: 19 M5, '15 X5M,'91Chev454ss Join Date: Nov 2015 Location: Edmonton iTrader: (0)	"THERE IS ALWAYS ANOTHER BUS COMING" What this means is that if you miss the current bus (whatever sector is hot right now), don't go chasing it. Just watch for the next bus (sector). Sector rotation is very common.
	Appreciate 2 XKxRome0ox1606.00 Tewie198.50 Quote

11-14-2018, 10:53 AM	#5733
sspade Major General 2487 Rep 5,466 Posts Drives: F30 Join Date: Oct 2017 Location: Stevenson, WA iTrader: (3) Garage List 2016 BMW 320i [7.87] 2014 BMW 328i [6.83]	Anyone else holding AA? Im down about $1k right now... own 150 shares @ $41.21 Thoughts/comments? Target price is over $50, I believe.
	Appreciate 0 Quote

11-14-2018, 11:50 AM	#5734
Tewie Lieutenant 199 Rep 466 Posts Drives: 2011 E92 ZCP Melbourne/FoxRed Join Date: Mar 2016 Location: Vallejo, CA iTrader: (0)	Bought in on a few cannabis companies in 2013 for kicks. Most of them tanked but one went from $0.40 to $9.00 recently. That was a pretty satisfying sell of 200 shares. My best investments have been long term. Made a few sells in the heat of the moment where I wish I just held on for the ride.
	Appreciate 1 sspade2487.00 Quote

11-14-2018, 01:33 PM	#5736
XKxRome0ox e90noob 1606 Rep 1,880 Posts Drives: '08 E90 M3 Join Date: Mar 2012 Location: Los Angeles, CA iTrader: (4)	woke up to see lots of positive movements felt good went to court, got out of court ... and the market is all red now i don't think i can handle this rollercoaster __________________ 2008 E90 M3 / LCI trunk + euro tail swap Production date - 2008-04-22
	Appreciate 1 sspade2487.00 Quote

11-15-2018, 06:03 PM	#5739
XKxRome0ox e90noob 1606 Rep 1,880 Posts Drives: '08 E90 M3 Join Date: Mar 2012 Location: Los Angeles, CA iTrader: (4)	i keep telling myself i have to not look at the tickers/charts/numbers constantly ... but it feels good to see green lines trending up i'm almost at even! just 1% down across the board __________________ 2008 E90 M3 / LCI trunk + euro tail swap Production date - 2008-04-22
	Appreciate 0 Quote

11-15-2018, 08:16 PM	#5740
gatorfast Major General 5076 Rep 6,883 Posts Drives: 718 Cayman Join Date: Jan 2008 Location: SoFla iTrader: (4)	Buy low and sell high. Always seems to work.
	Appreciate 2 BimmerDimmer61473.00 c1pher5034.00 Quote

11-15-2018, 08:40 PM	#5741
Sea-Tac Major 1448 Rep 1,487 Posts Drives: 2108 X3 xDrive30i Join Date: Apr 2018 Location: Bellevue, Wa iTrader: (0) Garage List 2018 X3 xDrive30i [0.00] 2016 328i xDrive [0.00]	Biotech: doing VERY well with Vertex Pharmaceuticals (NASDAQ:VRTX). Today up about 2.75. Steady growth. One on the most difficult medical conditions to treat is CF (Cystic Fibrosis) Vertex has a very healthy marketing cap of 42 billion in a sector that is clogged will slow movers.
	Appreciate 2 sspade2487.00 Quote