Stock Market 2014

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Crow
Gold Member
nemencine:

Don't worry, they're going to ignore that and continue saying "a correction is coming". I just sit back and laugh, SPY is over 200, it was at 174 on February
 

Steve9

Woodpecker
Leo said:
I'm looking at InvenSense (INVN) but haven't pulled the trigger on it yet. They make gyroscopes for motion tracking devices for all kinds of applications including smartphones, tablets and drones.

InvenSense is a great company with excellent technology. I have been buying shares over the past couple of years and I'm now up 90% on my cost basis of $12.50

It seems quite likely that the new iPhone 6 & 6 Plus will contain 2 InvenSense products - the M8 motion-controller chip & the optical image stabilization gyroscopes. However this will not be confirmed until the iPhone 6 gets a teardown.

The new Motorola Moto 360 watch contains an InvenSense gyro - see Step 16 of the teardown :

https://www.ifixit.com/Teardown/Motorola+Moto+360+Teardown/28891
 
DVY said:
Adding some P2P (peer-to peer) lending into the mix. My buddy has been getting 12% yearly (or 1% a month roughly). Very respectable rates, and if you diversify into 100+ notes, its basically a consumer-bond.

I've heard it's a tax nightmare at the end of the year unless your using some type of tax free account to do it. Can you speak to that at all? Been curious about getting into peer to peer lending but dreading taxes as the end of the year, hear it's a huge headache.
 

Sourcecode

Crow
Gold Member
I bought invensense a while ago also.. still making money online them.

Aecom ACM has made me me like twice the money though. I don't even remember the research I did to find them. But they are steady going up.
I wish I had another chunk of change to put in the market. I'm broke right now
 

Sourcecode

Crow
Gold Member
Honestly.. if people have the money.. I still say invest in Facebook. The company people hate and call immoral is the company that's laughing all the way to the bank
 

DVY

Ostrich
Gold Member
@jamaicabound- super duper easy. The software is very user friendly (for Prosper). It shows total return, total interest, blah blah.

"Prosper Taxes

All these same principles apply to Prosper. But Prosper does make it a bit easier than Lending Club at tax time. For a start, on Prosper’s 1099-OID they include your total interest for every note not just those notes that earned at least $10 in interest. So your 1099 contains a more complete picture of your p2p lending earnings at Prosper. Also, on Prosper’s year end statement they include all the information you need including the service fees (they are not included on the 1099); you don’t need to do digging into your monthly statements for anything."
 

Nemencine

Woodpecker
Gold Member
update:CLR short position @ +200% gain on risk; 2 : 1 stock split; CEO/president quit

The president and chief operation officer of continental resources(ticker: CLR) quit yesterday. Good news for my short position.

The very same day, CLR initiated their 2:1 stock split. Which means that $160 = $80, and $140 = $70. The shenanigan of engaging in a stock split to put the pps of your company between $30 and $70 makes it more attractive to individual investors.... we will see if it works. Today, CLR continues to go down. Bottomline, my trade is risk free, so i have nothing to fear from that stock price management shenanigans.

Anyways, here was the previous post/chart on CLR short

Nemencine said:
....The company, CLR,..... I am taking a highly speculative short position at these levels($157/$160.)... expecting the stock to dip to $140 handle area.

I have attached the stock charts below, outlining what i expect to happen.

[img=800X600]http://oi58.tinypic.com/2112p95.jpg[/img]


And today?

It is getting closer and closer to $140 which is = $70 after the 2:1 stock split.

Below is the update chart showing the stock CLR at $72.87 which means that the short position has already increased by +200% gain on my risk: since my risk is $2.75 per share, and it has currently gained +$6.38 per share -- more than doubled gain on the amount i initially risked. Total risk was 1% of A.U.M. Anyways, update chart below:

[img=800X600]http://oi60.tinypic.com/id7fv8.jpg[/img]
.

The entire short CLR thesis is based on the stupid divorce atmosphere of america -- something soo absolutely retarded as to fucking entitled some woman to $8 bloody billion dollars of money she never worked a day for in her life. This is the shite we live in. One might as well profit from it.....

regards,

Nemencine
 

Nemencine

Woodpecker
Gold Member
CLR short update. Price target reached: +300% gain on risk. Leaving the rest to run

Today, my CLR short hit its short price target of $70.00, resulting in +300% gain on risk :banana::banana::banana::banana:

28th of august, 2014 i wrote a short thesis for CLR based on a potential $8billion divorce cost. CLR went to trade at 161 levels.... which is the same as $80.5 after 1:2 stock split the company later initiated.

The CEO of CLR had since quit. Check it out.

The company engaged in the shenanigans of stock split to entice more buyers to its stock. More buyers = means stock goes up. It worked for a day... then the stock kept going down. Hahaha. Despite trying to flood the market with multiple good company news over the last 2 weeks; the stock gapped down strongly today, dipping to a low of $69.37 as of this writing-- well below my short price target of $70.00.

This allowed me to clear my first level of shorts at $70.00 = which was my price target that i wrote on august 28th, 2014. (that was supposed to be $140, but the stock split means it is now $70.00. Anyways, the stock split shenanigan didn't work for CLR)

I am leaving a little bit on the table to see if CLR continues to go down.

This was the original chart and expected price action as written on 28th of august,2014:

[img=800x600]http://oi58.tinypic.com/2112p95.jpg[/img]

.

So, what eventually happened?

It fell to price target of $140 as expected = $70 (after stock split of 1:2). :banana::banana:

THIS is what eventually happened today, 18th of september, 2014:


[img=800x600]http://oi62.tinypic.com/9jzp4x.jpg[/img]

.

Here is a a yahoo chart . Anyways, i am leaving a little on the table to see how far it can fall.

regards,

Nemencine
 
Did anyone get in on the BABA Alibaba IPO or buy any this morning? I'm kind of scared off by IPO's these days. I don't know too much about Alibaba but when I heard all the rumbling about the IPO was wondering is this the same site that sells all the chinese knockoff crap kinda like tradekey? I was like noway that can be the same company. Was surprised that it is. I hear some people saying jump in if you can get it for under $80 its a bargain while tohers are saying stay away. Just curious your guys thoughts?
 

Days of Broken Arrows

Crow
Gold Member
jamaicabound said:
Did anyone get in on the BABA Alibaba IPO or buy any this morning? I'm kind of scared off by IPO's these days. I don't know too much about Alibaba but when I heard all the rumbling about the IPO was wondering is this the same site that sells all the chinese knockoff crap kinda like tradekey? I was like noway that can be the same company. Was surprised that it is. I hear some people saying jump in if you can get it for under $80 its a bargain while tohers are saying stay away. Just curious your guys thoughts?

No go on this. From the looks of things on stock charts, it jumped out of the box at 97 -- that was the price the public could buy it. It then went to 99, then came down to 90. (As of 1:30 p.m., 9/19.)

As with Facebook, this might be a good buy after it all shakes out (or whatever) and the price settles at something reasonably fair. There's no dividend, though, and I tend to stay away from stocks without a dividend, because when they freefall, there's not an ex-dividend date on the horizon to make them rise.
 
Hey guys. I have no knowledge when it comes to finances and investing. I'm very interested in gaining said knowledge though. How would I go about learning? Thank you.
 

JayJuanGee

Crow
Gold Member
Mr.Conflicted said:
Hey guys. I have no knowledge when it comes to finances and investing. I'm very interested in gaining said knowledge though. How would I go about learning? Thank you.


You seem to be in the wrong thread.

Why don't you start by doing a search in the forum for various investment threads, and there are several and there are several that are geared towards beginning investors. You can read through those threads and create more targeted questions. Further, if after reading through various found threads, you still believe that you cannot find a thread that fits your questions, then you may want to start a new thread (especially in the newbie's section). yet I believe that there are quite a few threads with a lot of beginner oriented information through RVF that can be found through the search bar.
 

Steve9

Woodpecker
Steve9 said:
Leo said:
I'm looking at InvenSense (INVN) but haven't pulled the trigger on it yet. They make gyroscopes for motion tracking devices for all kinds of applications including smartphones, tablets and drones.

InvenSense is a great company with excellent technology. I have been buying shares over the past couple of years and I'm now up 90% on my cost basis of $12.50

It seems quite likely that the new iPhone 6 & 6 Plus will contain 2 InvenSense products - the M8 motion-controller chip & the optical image stabilization gyroscopes. However this will not be confirmed until the iPhone 6 gets a teardown.

The new Motorola Moto 360 watch contains an InvenSense gyro - see Step 16 of the teardown :

https://www.ifixit.com/Teardown/Motorola+Moto+360+Teardown/28891

With the iPhone 6 teardown today, it was confirmed that that InvenSense will be in both the iPhone 6 and iPhone 6 Plus - they are supplying a 6-axis Gyroscope and Accelerometer Combo.
Will we see how much this adds to their bottom line when they release their next quarterly earnings.
 
Anyone know why Southwest has taken a dip? I bought in a while back at 25 was kicking myself for not buying more as I watched it go to 28 and then up to 35. Looks like it's dipped back down to 33 pretty quickly. Curious if anyone knows why and if anyone who's good with the market has an opinion if it's a good time to buy more on this dip or oversold and will continue to dip?
 

Julio

Woodpecker
Gold Member
jamaicabound said:
Anyone know why Southwest has taken a dip? I bought in a while back at 25 was kicking myself for not buying more as I watched it go to 28 and then up to 35. Looks like it's dipped back down to 33 pretty quickly. Curious if anyone knows why and if anyone who's good with the market has an opinion if it's a good time to buy more on this dip or oversold and will continue to dip?

Could be linked to this week's drop in stocks all around the world as no major news was published since the drop, only Fitch changed its outlook from stable to positive two days ago which is good news. On the technical side, there is no clear support, maybe the 32$ area could happen to be a support but if it starts to fall below that level it might be tricky.
 
Couple questions for you investing gurus out there. First question how long do you have to buy a stock before you can get a divident? Do you have to own it for days or weeks in advance of the divident? I see some really high dividend ETF and stocks, wonder if I can buy in days before the dividend and sell right after?

ALso, I suck at picking stocks. I used to think I was good however it was just that I was doing the bulk of my investing when the market was recovering so even a monkey could have thrown darts and picked winners, I got some confidence and really it wasn't me, just the market. Lately it seems like if you did the opposite of what I do you would do very well. I'm sick of picking stocks wondering if someone can recommend some ETF or funds to just buy and sit on.

Lastly,just started hearing about JNK and HYG and I guess what are referred to as junk bonds. In what types of markets or scenarios do these do well and are these a good investment right now?
 

AwFkBye

Pigeon
jamaicabound said:
Couple questions for you investing gurus out there. First question how long do you have to buy a stock before you can get a divident? Do you have to own it for days or weeks in advance of the divident? I see some really high dividend ETF and stocks, wonder if I can buy in days before the dividend and sell right after?

Hi Jamaica,

First of all, not all stocks offer dividends. Secondly, for those that offer them, the size of the dividend and the periodicity vary. You can also have some stocks paying dividends for a few years, then not anymore.

Now, you have to realize that when a dividend is paid, the stock price will go down by the same amount. So let's say a company pays a yearly dividend of 3% and the previous close price is of 100, the stock price will open at 97.

Now, it won't EXACTLY open at this price, since there is pre-market trading, so it will either be slightly above or below, but on average, it would be 97, so you basically don't earn anything. High dividend yields stocks are hyped products, but many people don't understand this logic concerning the dividend payments. Therefore, your strategy of buying right before the dividend and selling right after won't work, even less since there are transaction fees that would have a pretty big impact.

jamaicabound said:
ALso, I suck at picking stocks. I used to think I was good however it was just that I was doing the bulk of my investing when the market was recovering so even a monkey could have thrown darts and picked winners, I got some confidence and really it wasn't me, just the market. Lately it seems like if you did the opposite of what I do you would do very well. I'm sick of picking stocks wondering if someone can recommend some ETF or funds to just buy and sit on.

It is extremely difficult to "beat the market", even most of the professionals don't. You are correct to consider buying an ETF (an alternative could be futures). I like the iShares Nasdaq Biotechnology Index ETF, however it's a volatile one and therefore if you get unlucky, big damages can be done, so it will really depend on what is your risk profile.

jamaicabound said:
Lastly,just started hearing about JNK and HYG and I guess what are referred to as junk bonds. In what types of markets or scenarios do these do well and are these a good investment right now?

To be honest, I'm not a specialist in bonds, but it really depends of the rating of your junk bonds. A BB one won't act the same as a BBB. Basically, the lower the rating, the more the price of your bond will fluctuate like a stock. Bonds are also more correlated to interest rates movements
 

Sp5

 
Banned
Gold and silver are near one-year lows, might be an opportunity in the mining stocks there if you think the metals will bounce back.

I'm betting they will with so much money floating around and various geopolitical crises that could flare up.
 
Sp5 said:
Gold and silver are near one-year lows, might be an opportunity in the mining stocks there if you think the metals will bounce back.

I'm betting they will with so much money floating around and various geopolitical crises that could flare up.

Yeah I see silver is low, I was thinking about buying a monster box of $1,000 eagles, price right now is under $10,000 with the right vendor. Sit on them hoping silver prices go up but also pretty much every June/July there is a shortage of eagles and coin shops in my area pay $3.50 above spot for eagles if the box is unsealed so even if silver stays stagnent I can probably buy the box for $2 over spot and make $1.50 on 500 coins.
 

Akula

Ostrich
Gold Member
Sp5 said:
Gold and silver are near one-year lows, might be an opportunity in the mining stocks there if you think the metals will bounce back.

I'm betting they will with so much money floating around and various geopolitical crises that could flare up.

Yeah I know what you mean about global crises. One of the ongoing ones has to eventually cause some sort of blip in volatility.

Also, lot of the miners stopped production at the more expensive sites as it was barely profitable or not profitable. End result has been a shutdown in capacity that will eventually take years to ramp back up.
 
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