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Anyone invested in the market

Sold my AAPL shares yesterday at around $101 a share, making around $700 in profits in a week. I bought 400 shares of AMAT at $16.88, which I will keep for the time being. So now GoPro and AMAT make up the majority of my portfolio. I also decided to make a risky, but potentially very lucrative, investment in BTG, which I think has bottomed out at $0.66. I bought 4000 shares. I'm hoping it'll jump soon so I can free up the funds to purchase more longs.
 
Siro said:
Sold my AAPL shares yesterday at around $101 a share, making around $700 in profits in a week. I bought 400 shares of AMAT at $16.88, which I will keep for the time being. So now GoPro and AMAT make up the majority of my portfolio. I also decided to make a risky, but potentially very lucrative, investment in BTG, which I think has bottomed out at $0.66. I bought 4000 shares. I'm hoping it'll jump soon so I can free up the funds to purchase more longs.
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Nice job on BTG. I watched it when you said this and you've done well. Is the run up over?
 
Jason said:
Nice job on BTG. I watched it when you said this and you've done well. Is the run up over?
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I think it still shows an upward trend. However, given yesterday's downturn, I took the opportunity at market opening bump to sell at $0.81. I'll take the $600. :)
 
Also this morning, I bought 1000 shares of HNSN at $3.03. They received FDA approval for a new robotic procedure yesterday, and yet, they opened today LOWER than their pre-FDA close. Granted, rumors about FDA approval ramped up the stock a bit over past 3 days, but I think this should recover somewhat. I am hoping to sell around 3.50, or cut my losses around 2.90.
 
Siro said:
Also this morning, I bought 1000 shares of HNSN at $3.03. They received FDA approval for a new robotic procedure yesterday, and yet, they opened today LOWER than their pre-FDA close. Granted, rumors about FDA approval ramped up the stock a bit over past 3 days, but I think this should recover somewhat. I am hoping to sell around 3.50, or cut my losses around 2.90.
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Got stopped. You win some, you lose some.
 
Small world....look what stock I've been trying to short for the past two days:

HNSN.jpg



Could've gotten in at 4.4 when I first saw it yesterday....no shares though. Kind of pissed. That would've been a good ride down. Finally got in @ 3.19.
 
Jason said:
Just picked up a few shares at 2.91 - my eggs are in your basket based on your one success story earlier in this thread. :) Thanks!
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You're up significantly. You should watch it closely and sell as soon as it starts to dip.
 
Duck Rodgers said:
Small world....look what stock I've been trying to short for the past two days:

HNSN.jpg



Could've gotten in at 4.4 when I first saw it yesterday....no shares though. Kind of pissed. That would've been a good ride down. Finally got in @ 3.19.
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I don't think it's a good idea to short at 3.19.
 
Siro said:
Also this morning, I bought 1000 shares of HNSN at $3.03. They received FDA approval for a new robotic procedure yesterday, and yet, they opened today LOWER than their pre-FDA close. Granted, rumors about FDA approval ramped up the stock a bit over past 3 days, but I think this should recover somewhat. I am hoping to sell around 3.50, or cut my losses around 2.90.
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"Buy the rumor, sell the news". Typical forward looking and front running.
 
I love these volatile down up more down markets. All the blowhards around the office who wouldn't last an hour on Wall Street puffing their chests and pumping that I told you this was the end nonsense. I find it comical knowing these dudes are going to lose their asses over the next 6 months.

More than anything though, I love the drama story unfolding, trying to figure out what each piece of the pie is trying to say with their buys and sells. All the political and geo-political implications, etc. It's my version of a great movie.
 
Years ago I quit the stock market, deciding I knew better what to invest in where I'm the insider.

I'm still wiping a poor man's arse, but actually hold more assets than my dad did when I puffed about his success. I'll never know what I'm worth unless I sell my stuff, and that won't happen in my lifetime. ha ha.

I believe we are in a long term trough economically that will last more than a decade more. Silver, gold, real estate, commodities are gonna face the fact that people won't have the money to pay for stuff, and our govt. won't be able to keep puffing up the prices by fiat currency and other financial tools. I don't know any class of investment that will actually win in this future, except those who hold ownership/equity positions in productive enterprises will preserve their value better than speculators making market bets.
 
babe said:
Years ago I quit the stock market, deciding I knew better what to invest in where I'm the insider.

I'm still wiping a poor man's arse, but actually hold more assets than my dad did when I puffed about his success. I'll never know what I'm worth unless I sell my stuff, and that won't happen in my lifetime. ha ha.

I believe we are in a long term trough economically that will last more than a decade more. Silver, gold, real estate, commodities are gonna face the fact that people won't have the money to pay for stuff, and our govt. won't be able to keep puffing up the prices by fiat currency and other financial tools. I don't know any class of investment that will actually win in this future, except those who hold ownership/equity positions in productive enterprises will preserve their value better than speculators making market bets.
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How interesting.
I could have typed this word for word.
Here I am looking at Disney for a long-term buy. Doesn't get any more blue-chip than that.
 
babe said:
Years ago I quit the stock market, deciding I knew better what to invest in where I'm the insider.

I'm still wiping a poor man's arse, but actually hold more assets than my dad did when I puffed about his success. I'll never know what I'm worth unless I sell my stuff, and that won't happen in my lifetime. ha ha.

I believe we are in a long term trough economically that will last more than a decade more. Silver, gold, real estate, commodities are gonna face the fact that people won't have the money to pay for stuff, and our govt. won't be able to keep puffing up the prices by fiat currency and other financial tools. I don't know any class of investment that will actually win in this future, except those who hold ownership/equity positions in productive enterprises will preserve their value better than speculators making market bets.
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The world is more productive than at any time in the history of mankind. Why do you and Lefty think it's all going south? I have my own reasons to see/agree with that notion and am curious to hear yours.
 
franklin said:
The world is more productive than at any time in the history of mankind. Why do you and Lefty think it's all going south? I have my own reasons to see/agree with that notion and am curious to hear yours.
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I am sure you actually know more about it than me. For me, it's no more than the distrust of a jaded old naysayer, perhaps.

"Going South" might not be all bad. We are living like sugared up kids since the postwar boom, with plus or minus bouts of reality. I just think people need jobs that will pay, meaning producing stuff that will sell. Government jobs and government entitlement programs are unsustainable. No sales value in the paper, nothing others can really use. We're going to have to downsize all that, and jobs will not be benefiting all that much from technology.

The economy should be somewhat proportional to population. We likely will see decreases in populations worldwide.

Of course, on the plus side, new technology can make us all winners, and we will all be living in 100 years like the rich and famous do now?
 
babe said:
I am sure you actually know more about it than me. For me, it's no more than the distrust of a jaded old naysayer, perhaps.

"Going South" might not be all bad. We are living like sugared up kids since the postwar boom, with plus or minus bouts of reality. I just think people need jobs that will pay, meaning producing stuff that will sell. Government jobs and government entitlement programs are unsustainable. No sales value in the paper, nothing others can really use. We're going to have to downsize all that, and jobs will not be benefiting all that much from technology.

The economy should be somewhat proportional to population. We likely will see decreases in populations worldwide.

Of course, on the plus side, new technology can make us all winners, and we will all be living in 100 years like the rich and famous do now?
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I agree with most of this.

I've written 2 essays for a proper response but I can't get it down straight. It's a bar discussion.
 
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