I screwed up not buying QCOM at 50. I was about 45%/55% decision earlier this week.
If youāre going to be regretting, you might as well go back and buy DCIX.
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what caused the jump, I canāt weed through all the crap to figure it out. Short squeeze?
Partially but it traded something like 30x the total shares outstanding on Fri so it wasnāt just a few people covering. There wasnāt any fundemental news, certainly nothing to justify 1000% gains in two days, so this is just like the DRYS spike a year ago - some nearly worthless microcap shipper gets picked up by the daytrading crowd and taking for a ride. Itās almost certain to end badly, but there no shares to short so all you can do is not buy it (fairly typical of these situations).
Sold out around $27.20 or so. Realized I have no idea nor business putting money in stocks that I really donāt understand.
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Iām still kind of bitter Iāve avoided AMZN/NFLX for years because their valuations seemed insane to me. AAPL is my largest holding though and NVDA is not too far behind thanks to sheer luck/laziness (bought it and left it in an account I donāt use around 15 years ago).
I feel like I should cut down on my AAPL position, though it doesnāt seem like thereās too much downside risk. NVDA scares me. I can see itās potential, but Iāll probably sell at least part of it in the near future.
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The best performing accounts are those that people have forgotten about. There is a lesson to be learned there.
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I sold all of my AMZN for tax loss harvesting at $288, never bought back in. I think Iād rather have just stayed out like you lol.
Donāt trade AAPL. Keep buying more when ever it goes on sale. Why? Apple users are very loyal and will most likely buy another iPhone than Android phone.
I just donāt understand why investors are buying ROKU. Amazon can easily crush ROKU by simply pricing Fire TV devices cheaper than ROKU. ROKU doesnāt have unique features beside being a low priced streamer. So once Amazon decides to squeeze out ROKU, then itās all over for ROKU.
What do you guys think of buying AMZN, AAPL, GOOG at the current high prices?
I think that if you worried about their current high prices 5 years ago you would never have purchased. The winning companies are usually going to be at a high price or near a high price. You wouldnāt want to own them otherwise. Open up an account somewhere that lets you buy fractional shares, like at M1 Finance, and just add them to a basket of stocks that are priced too high to buy easily, like BRK.b!
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What do you guys thing about RRD and QUAD.
This thread is dying so I will put in a trade I just made:
Buy to Open 2 Contracts GOOGL Dec 08 2017 1,000 Calls Filled at $39.00
basically borrowed $200,000 for 10 days for $350.
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F doing nicely for the day. Got within $0.05 off of the 52week high ( the div-adjusted high, anyways).
Most of the insurance I paid for by swapping to some higher strike calls a month ago is now almost worthless. I guess thatās a good thing.
Taxable account up 57% YTD. 1 day and 1 month left in 2017.
If aapl/goog fall tomorrow again, I might follow you into that trade (or similar), umcsom. Aapl and goog options are the only options I have not lost money on, actually not a single losing option trade on them.
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Thinking about shorting TSLA, or maybe $250 puts for next year. Havenāt pulled the trigger, but I donāt think they can deliver cars in scale with the assets they have. Hype in scale, no problemā¦ sometimes thatās enough.
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The only reason I would be hesitant to put much money in this is if their solar shingles are a hit. I can see these being a big item. I think it will overshadow their cars soon.
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Anyone following HIMX? I have trouble deciding when to exit an overperforming stock.
Iāve got 2.1k shares with ~$6 basis and also 350 shares with $9.30 basis (That were 300 shares I sold at $11.50 and then reinvested the funds with pullback a week later). I used to have an even 3k shares so I had sold down 30% at one point
The now P/E of 60-120 scares me.
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Same, but for me with avoiding Google and tesla. Aapl is a large chunk of my NW as well. I did sell most of it at one point, though. And I have 10% less shares than I did immediately after the stock split.
Boo everything recovered from yesterday. Would have been nice for 2 ugly red days in tech.