Dollar Tree bought Family Dollar back in July of 2015. I am an employee of Family Dollar and now just recently starting in 2016 they offer any full-time employees the opportunity to buy stock in the company at a 15% discount.
The first buying window was December 21st - December 28th. I found out about it around early January so I missed it. The next buying window is in March so I wanted to get some opinions on it. The only stipulation is you have to hold the stock for one year before you are able to sell it.
The price of each share has been steady around $75 a share so far this year, meaning I could buy one share at around $63.75.
Dollar Tree bought Family Dollar back in July of 2015. I am an employee of Family Dollar and now just recently starting in 2016 they offer any full-time employees the opportunity to buy stock in the company at a 15% discount.
The first buying window was December 21st - December 28th. I found out about it around early January so I missed it. The next buying window is in March so I wanted to get some opinions on it. The only stipulation is you have to hold the stock for one year before you are able to sell it.
The price of each share has been steady around $75 a share so far this year, meaning I could buy one share at around $63.75.
I think Gopro has bottomed out, and I just bought 1000 shares at $10 each. I'm hoping introduction of VR headsets will sync with Gopro's release of VR-focused drones and 360 cameras. Come on VR revolution, don't let me down!
Anyone have any advice on good buys to take advantage of the economic downturn?
Already up $1500 on this (in 3 weeks!), and it's only the beginning. I'm holding. Make me rich GoPro!
https://www.fool.com/investing/general/2016/02/16/why-gopro-inc-stock-jumped-today.aspxThat said, GoPro could also be enjoying sustained optimism surrounding its recent collaborative patent license agreement with Microsoft. The agreement centers around "certain file storage and other system technologies," and seemed to signal a renewed effort by GoPro to address key shortcomings of its content management ecosystem, which the company believes could be holding back sales of its flagship capture devices.
Already up $1500 on this (in 3 weeks!), and it's only the beginning. I'm holding. Make me rich GoPro!
Up $2800 now. :O
Holding.
I don't think it's going south, I just don't think I have the time or expertise to make stock picks.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.
I bought 400 shares of AMAT at $16.88.
Back in November, when Martin Shkreli had just unleashed his ill-fated manipulation of Kalobios stock, one trader got crushed. As we reported then, one "E-trader", Joe Campbell, decided to go $35,000 short KBIO the night before the massive ramp in the stock following the Shkreli press release and ended up owing ETFC "a wonderful $106K" margin call.
His response was to launch a GoFundMe website opening up his plight to generous online donors. Surprisingly, many appeared on short notice, providing several thousand in online donations to help him fill his margin hole.
Now another trader finds himself in a comparable predicament, this time it is 24 year old Matt Reed, who yesterday suffered a massive loss after he decided to bet it all on FitBit calls (on margin) and lost everything, as the following Fidelity screengrab from his P&L indicates:
Here is his narrative as documented last night on the momentum trading website StockTwits:
*I'm down 200k aka basically everything and pretty much suicidal right now
*kept buying on margins as it went up. Held too long as it went down
*started small then after it did well I took figured why not put more in. Got behind kept trying to break even. Never did
*Put just about what I had left in 15.5 calls here...my life is totally ****ed right no; what I have left is fit 15.5 calls which will most likely be worthless on the open tomorrow
*wasn't hoping for a huge return just quick return to get lost money back but yes I learned the hard way about how they're toxic
*I went wrong by using margins and I don't think I'll be back in it to bounce back
*I was doing great which is how I got onto margin. Got greedy but then January came and it got bad fast
*May seem like a joke but I'm ****ed
Last hope was calls so I doubt they'll be worth anything by Friday
Worked 4 jobs the past few year to save up. Sucks seeing my life savings disappear in a little over a month
Thinking what I was at in December vs now just makes me sick, and I'm still working multiple jobs. As you can see this isn't my calling
it was purely my fault for being too risky with margins and trying to quick flip during a bad month
This was a hard lesson to learn but must be a sign that I should never put my money into the stocks
I'd say learning about margins was the worst possible thing to ever happen to me. If I didn't then I'd be up 50k right now
How not to trade the stock/options market:
https://www.zerohedge.com/news/2016...loses-everything-launches-online-begging-site
Reminds me of this:
https://www.youtube.com/watch?v=AYrpROr9Gmk
How not to trade the stock/options market:
https://www.zerohedge.com/news/2016...loses-everything-launches-online-begging-site
Reminds me of this:
https://www.youtube.com/watch?v=AYrpROr9Gmk
$3800 now.![]()