Stocks - r/Stocks Daily Discussion Monday - Oct 26, 2020 |
- r/Stocks Daily Discussion Monday - Oct 26, 2020
- DOW dropping 600 points in the first hour and a half
- Microsoft Reports Earnings Tomorrow. Here’s What to Expect.
- Here is a Market Recap for today Monday, October 26, 2020. Please enjoy!
- Why does the Stock Market close?
- Is $RKT worth investing in?
- Ant Group to Raise More Than $34 Billion in Record IPO
- What is the 1st thing(s) YOU look for before buying a Stock?
- Apple Reports Its Earnings on Thursday. Analysts Are Already Getting Jazzed
- learning candlestick chart
- First FSLY, now SAP...
- Keep a Trading Journal
- Kraneshares KWEB ETF will be adding ANT to its holdings 10 days after it IPOs
- Market slides down as US and EU battle new COVID-19 peaks - is this a speedbump, or the start of something worse?
- Insider Trading Report: Week of October 19-23
- How can I have more discipline?
- Can anyone explain to me Snowflake’s valuation?
- What is the market cap of TTCF? (I'm confused)
- APPS, is it a good entry point?
- Disc/Hard Drive Manufacturers as Long long term investment
- Is ARRY still worth buying?
- Dividend Recording Date
- Why don't traders buy puts on a company that is about to go bancrupt?
- Your IPO success stories?
- LPT: if you want to calculate total return of a stock or fund, put the stock symbol At the end of this MorningStar URL
r/Stocks Daily Discussion Monday - Oct 26, 2020 Posted: 26 Oct 2020 01:08 AM PDT These daily discussions run from Monday to Friday including during our themed posts. Some helpful links:
If you have a basic question, for example "what is EPS," then google "investopedia EPS" and click the investopedia article on it; do this for everything until you have a more in depth question or just want to share what you learned. Please discuss your portfolios in the Rate My Portfolio sticky.. See our past daily discussions here. Also links for: Technicals Tuesday, Options Trading Thursday, and Fundamentals Friday. [link] [comments] | ||||||||||||||||||||||||
DOW dropping 600 points in the first hour and a half Posted: 26 Oct 2020 07:58 AM PDT How do people feel about this? I hear people say its never a bad time to get into the market, but what does this say about the future of the market when something like this just seems "normal"? Its gotta make some investors a little concerned, at the least. I'm interested to hear peoples' thoughts on this. Thanks. [link] [comments] | ||||||||||||||||||||||||
Microsoft Reports Earnings Tomorrow. Here’s What to Expect. Posted: 26 Oct 2020 05:31 AM PDT Microsoft  reports September quarter results on Tuesday afternoon, and the story should continue to be a positive one for the software giant. Street consensus calls for revenue of $35.7. billion, up 8.2%, with profits of $1.54 a share. In the June quarter, Microsoft (ticker: MSFT) posted revenue of $38 billion, up 13% from the year-ago quarter, crushing the Street consensus at $36.4 billion. Profits were $1.46 a share, ahead of the Street estimate at $1.38. Microsoft provides guidance by business segment. For the September quarter, the company projects revenue for Productivity and Business Processes of $11.65 billion to $11.9 billion; Intelligent Cloud revenue of $12.55 billion to $12.8 billion; and More Personal Computing segment revenue of $10.95 billion to $11.35 billion. The company also has said that September quarter results will include a noncash benefit of $900 million due to an adjustment in the useful life of some hardware. Stifel analyst Brad Reback writes in a research note that the company is likely to beat his own forecast, which calls for $35.6 billion in revenue and profits of $1.53 a share. "We expect upside to Street EPS and revenue forecasts, as we believe Microsoft's various properties (Azure/Office365/PC) should continue to benefit from accelerated digital transformation due to the pandemic and a rebounding worldwide economy driving better-than-expected transactional revenue," Reback writes. "We expect the strong results to set the stage for a solid 3Q earnings season for the broader software group." Reback also expects strong December quarter guidance, based on the same factors, plus Office 365 pricing and volume gains, Azure market share expansion, and the pending release of the new generation of Xbox consoles. "Given these dynamics and consistent capital return (>$20 billion in annual buybacks and dividends), we remain buyers," he writes. Reback recently upped his target on the stock to $245, from $220. Wedbush analyst Dan Ives likewise sees a strong quarter for the company's Azure business. "This current work from home environment is further catalyzing more enterprises to make the strategic cloud shift with Microsoft across the board," he writes. Adds Ives: "We continue to believe Microsoft is the core cloud name to play this transformational secular trend as well as for the other side of this dark valley." He keeps his Outperform rating and $260 target price on Microsoft shares. Credit Suisse analyst Brad Zelnick, who has an Outperform rating on Microsoft shares, likewise expects a strong quarter, driven by Azure, Windows, and gaming. "Leverage to strong secular trends places Microsoft in a select group of companies that can deliver strong top-line and EPS growth as massive scale amidst an uncertain backdrop," he writes. He keeps his $225 target price. Source: Barron's [link] [comments] | ||||||||||||||||||||||||
Here is a Market Recap for today Monday, October 26, 2020. Please enjoy! Posted: 26 Oct 2020 01:06 PM PDT PsychoMarket Recap - Monday, October 26, 2020 Losses in the stock market accelerated today as new data showed an increased number of coronavirus infections in both Europe and the United States. In an effort to combat the disease, countries are once again putting restrictions in place, raising the concern of another lockdown that further harms global economic activity. The S&P 500 (SPY) finished the day down 1.82%. The tech-heavy Nasdaq (QQQ) finished 1.5% down and the Dow Jones performed the worst (DIA) finishing 2.21%. Unfortunately, over the weekend, the US posted consecutive days of record high infection, with more than 80,000 new cases confirmed on Friday and Saturday, according to data from Johns Hopkins University. States in the Midwest of the US have been the most affected, most likely due to a resistance by the population to wear masks and colder temperatures.. Over the past seven days, the country reported an average of about 68,767 new cases every day, the highest seven-day average recorded yet, again according to data compiled by Johns Hopkins University. Worryingly, The seven-day average is up more than 22% compared to last week, an extremely worrying increase. Adjusted for population, the Dakotas, Wisconsin, Montana and Idaho are reporting more average daily new cases than anywhere else in the country. Sadly, Johns Hopkins University reported there were 225,111 COVID-19 related deaths across the country as of Sunday afternoon. By comparison, there were 291,557 American soldiers killed in battle during World War II, according to the U.S. Department of Veterans Affairs. Europe is faring no better, with countries reporting a record number of infections over the weekend and announcing a host of new restrictions. On Sunday, France reported 52,000 positive cases, a record for the country. In response, two-thirds of the country has been placed under strict, 9 p.m. curfew. In Italy, 15,199 new cases of the virus were reported, well above the previous record of 11,705. In response, the Italian government has implemented restrictions, shutting down gyms, pools and movie theaters, putting an early curfew on cafes and restaurants and mandating that people keep wearing masks outdoors. Spain, which has also been struggling with a record number of infections, declared a nationwide state of emergency and imposed a curfew. With the November election a mere 8 days away, the chances for the passage of additional virus-relief have all but disappeared. In a letter to her fellow Democrats, House Speaker Nancy Pelosi slammed the Republicans for the failure to act in the face of the pandemic, calling their response "arrogance". She said, "The Republicans' continued surrender to the virus - particularly amid the recent wave cases - is official malfeasance. We must come to an agreement as soon as possible. But we cannot accept the [Trump] administration's refusal to crush the virus, honor our heroes or put money in the pockets of the American people. That attitude clearly explains why the White House has not embraced the science-based path to crush the virus, which is contained in the Heroes Act." Democrats and the White House have most recently proposed $2.2 trillion and $1.9 trillion relief packages, respectively. Despite the similar target price tags for legislation, the sides still have not resolved disputes over testing, extra unemployment insurance, state and local government relief and liability protections for businesses, among other issues. Highlights
"The best way out is through" -Robert Frost [link] [comments] | ||||||||||||||||||||||||
Why does the Stock Market close? Posted: 25 Oct 2020 11:30 PM PDT I've been thinking about this for a long time now, and I can't find the answer. Before stocks were traded online, they were traded in person, so it used to close and open. But now, since it's all online, why isn't it open 24/7? [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 11:04 AM PDT I've been watching Rocket Companies ($RKT) for the past few weeks hearing nothing but good news about how it's going to go up, however it's actually been steadily going down. As of this post it's at around $19 to $20 and I was wondering at this point if it's worth investing in? [link] [comments] | ||||||||||||||||||||||||
Ant Group to Raise More Than $34 Billion in Record IPO Posted: 26 Oct 2020 07:28 AM PDT HONG KONG—Chinese financial-technology giant Ant Group Co. is aiming to raise at least $34.4 billion from the world's biggest-ever initial public offering, fillings showed Monday, in a blockbuster deal that will bypass U.S. stock exchanges. Those sums would eclipse the $25 billion raised in 2014 by its former parent Alibaba Group Holding Ltd. and the $29.4 billion of shares sold more recently by Saudi Aramco, in what is to date the largest-ever IPO. The mammoth IPO, which spans Shanghai and Hong Kong, adds to an already frenetic year for China's capital markets, which are enjoying a boom in share sales despite heightened tensions with the U.S. Ant is seeking to raise about $17.2 billion in each city, based on prices of 68.8 yuan and HK$80 respectively per share, according to regulatory filings. Ant could raise up to a maximum of about $5.2 billion more, if underwriters exercise their option to purchase up to 15% more shares in an arrangement known as a greenshoe. In a few years, Ant has helped change how people in China spend, borrow, save and invest. The firm, which has its origins in an escrow service for Alibaba's e-commerce websites, now processes trillions of dollars in payments annually, runs one of the world's largest money-market funds, and facilitates small loans to hundreds of millions of consumers and small businesses. The price values the Hangzhou-based group at about $313 billion, after including the new capital raised but before any greenshoe. In comparison, Mastercard Inc. was worth about $330 billion as of Friday's close. A private fundraising in 2018 valued Ant at $150 billion. Jack Ma, who controls Ant, said over the weekend the IPO will be "the largest in human history." Speaking at a financial forum in Shanghai on Saturday, he said: "This is the first time that such a big IPO was priced outside of New York City, which we wouldn't have dared to think about five, or even three years ago." [link] [comments] | ||||||||||||||||||||||||
What is the 1st thing(s) YOU look for before buying a Stock? Posted: 26 Oct 2020 08:01 AM PDT I'd like Webull specific answers, but any are welcome. Just a newbie trying to learn. If you are a fellow Webuller - the info under Analysis and the various Chart Indicators - what info is most relevant to you? Thanks [link] [comments] | ||||||||||||||||||||||||
Apple Reports Its Earnings on Thursday. Analysts Are Already Getting Jazzed Posted: 26 Oct 2020 02:06 PM PDT The September quarter may seem like the corporate equivalent of a lame duck for Apple, as the final quarter without any contribution to earnings from the newly unveiled iPhone 12 lineup. Investors are focused on demand for the new phones, but the results may still yield some surprises. Wall Street is busily tweaking its numbers, resulting in a flurry of Monday research notes, before the figures come out late on Thursday. The consensus forecast is for revenue of $64.2 billion and per-share profits of 71 cents. Atlantic Equities analyst Ianjit Bhatti on Monday assumed coverage of Apple (ticker:AAPL) from one of his colleagues, lifting the firm's rating to Overweight from Underweight, and setting a price target of $150. At the heart of his call is the idea that it would be a mistake to value Apple like just another tech company. "Having created an enduring premium consumer electronics brand, we believe that Apple's product business should be valued in line with other premium and luxury consumer stocks, rather than traditional computer peers," Bhatti writes. "Apple's focus on delivering superior user experiences through design, enabled by its unsurpassed silicon to software design capabilities, has resulted in a premium product positioning, differentiating Apple against computing peers." Citi's Jim Suva sees potential upside to consensus estimates driven by iPads, Macs and Wearables, saying "work from home and stay at home trends continued to drive [an] uptick in consumer tech spending during the quarter." He sees a promising hint in a recent strong earnings report from the peripherals company Logitech (LOGI), which said that iPad accessories were up 144% in the quarter. Suva maintains a Buy rating on the stock and a target of $125 for the share price. Meanwhile, Cowen's Krish Sankar repeats his Outperform rating and $133 price target. He thinks September quarter results will be in line with Street estimates, driven by strong demand for iPads and Macs. For the December quarter, he sees sales up 48% sequentially and 5% year over year, with iPhone unit sales hitting 70 million. "Apple remains one of out top ideas in the hardware space," he writes. Raymond James analyst Chris Caso, who has an Outperform rating on the stock, reports that lead times for the iPhone 12 as of Friday had stretched out to 2-3 weeks in all markets other than the U.S., where the phone was available for same-day or next-day pick up in most parts of the country. He echoes other analysts in finding that the iPhone 12 Pro is in tighter supply than the base iPhone 12, noting that Pro models are not available for in-store pickup in the US at this time. "This is generally consistent with prior launches, where inventories of the higher-end devices are generally lower than the mass market tier," he writes. Evercore ISI analyst Amit Daryananai also repeats his Outperform rating and $135 price target, while adding a "tactical outperform" element to his call. He says the stock "should keep working higher," driven by strong demand for hardware other than iPhones, acceleration in the services business, and strong iPhone 12 demand, driven in part by aggressive promotions offered by wireless carriers in the U.S. Apple's commentary about the December quarter will be more positive than the Street expects when the company reports results on Thursday, he says. RBC Capital's Robert Muller also had a bullish note on Apple on Monday, discussing the results of a survey of more than 800 Apple and Android users on their buying intentions. "We believe the results bode well for Apple's newly released 5G enabled phones, which we expect will kick off a multi-year upgrade cycle," he writes. "iPhone users appear quite sticky with 90% of iPhone customers either 'definitely' or 'likely' to remain in the ecosystem. This compares to just 71% of Android customers. Further, 24% of Android customers are considering an iPhone for this cycle, with 16% considering a switch to a 5G model. The Apple ecosystem remains strong with the average iPhone user owning 1.9 additional Apple products." He kept an Outperform rating and $132 price target on Apple shares. Apple shares held their ground on Monday afternoon, slipping 0.5% to $114.48, while the S&P 500 dropped 2.7%. Source: Barron's Article [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 10:09 AM PDT I always struggle with candlesticks charts and im still learning, found this to be useful. https://www.ig.com/us/trading-strategies/16-candlestick-patterns-every-trader-should-know-180615 Hope it helps out other traders on a red day like today [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 06:09 AM PDT FSLY had a big drop after revised guidance. Now SAP is down 20% pre market after forecast earnings. Do you think this a bell ringer that the cloud and software stocks might be topping for the time being? Thoughts? [link] [comments] | ||||||||||||||||||||||||
Posted: 25 Oct 2020 08:03 PM PDT An educated person is in touch with their past. Understanding what has gone before helps you deal with the present and face the future. A trader who keeps a journal can learn from the past instead of mindlessly repeating mistakes. A trading diary provides an isolated mirror, a valuable feedback loop. It is probably the single best learning tool avail-able to traders. I can personally say that keeping a trading journal has been more valuable than anything else I have ever done. A trading diary is both a visual and written record of your trades. You can keep it on paper or in electronic form. I started keeping mine such a long time ago that I still do it on paper I like being able to write down my ideas and evaluate mistakes on paper. Write down the name of the stock, the date, and the number of shares bought or shorted. Add a note on the fundamentals if they had anything to do with that trade. Comment on how you first became aware of that stock for example tip from a friend, or an article in a magazine, research or a newsletter. This allows you to track the sources of your information. Use a pen to mark indicator signals and chart patterns that led you into that trade. Write a few words about your feelings entering that trade (anxious, happy, confident, unsure) and note any unusual factors and circumstances. I update my trading journal daily and even if I don't trade, I take time to review my previous actions. This discipline reminds me that trading is what I do, and trading takes priority over almost all other activities. I will Repeat this process after exiting a trade and Review the decisions I made good or bad. Mark up trading signals and write down your comments on the circumstances of the exit, including your feelings about it. As my journal has grown, the visual record of my trades have becomes more and more valuable. I recommend that you constantly look through your journal. How do those signals look now? What are you happy with, what would you have done differently, what lessons have you learned? Most traders never ask themselves these questions. When they make money, they swell with pride, and when they lose, they feel angry or ashamed. Wallowing in feelings will not make you a better trader. Our losses can teach us more than our gains. A trading journal helps you put aside self-kicking or self-congratulation and pay attention to the facts. It helps you learn and succeed, helps you become free. Nobody can give you a trading diary. You have to create it yourself, and your ability to maintain it will provide a running check of your discipline. Whenever you make some money, look through your journal and ask whether you could have done any past trades differently in light of what you have just learned. When you lose, do not kick your-self but write a good note on that trade, go back to review past trades, and think how to avoid such losses in the future. Learn from your profits and losses. Be sure to strictly observe money management rules so that a string of freak losses doesn't toss you out of the game while you're still learning. Follow the rules and a trading diary, review them, learn from them, and you'll have everything it takes to become a successful trader. I have been trading successfully for 5+ years and the above information is one of the most important things I can share with you. Edit: I have gotten a lot of pms asking what I do. I am a technical day trader. [link] [comments] | ||||||||||||||||||||||||
Kraneshares KWEB ETF will be adding ANT to its holdings 10 days after it IPOs Posted: 26 Oct 2020 12:09 PM PDT A few days ago I got an email from Kranshares saying that they'll be adding ANT to KWEB holdings 10 days after the IPO. I did call to confirm that this is true. KWEB is Kraneshares' China Internet/Ecommerce ETF. KWEB has been pretty much rangebound for the past couple of weeks after hitting an all-time high on 10/12/20. Presumably, they have been accumulating a significant amount of cash for this ANT purchase, so that its value should start moving up more assertively as that money goes to work. ANT has been approved for IPO by all the necessary regulators, has been priced and is ready to launch. It's not much of a discount, but KWEB is off about 0.75% right now, so today might be a good opportunity to pick some up as a way to own a tomorrow-chunk of ANT at today's prices. Disclosure: I hold some KWEB [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 07:07 AM PDT Obviously it's impossible to predict the future, but with the stock market sliding today as new COVID peaks hit the US and EU, I'm wondering what your thoughts are on the matter. Is this just a small dip, maybe even a good buying opportunity, or is this the start of a more dramatic slide similar to what we saw in March? Obviously the final nails in the volatile market coffin are: political stability and the distribution of a COVID-19 vaccine. Once those two things are underway, steady regular growth can be expected again. But what do you think will happen between now and then? [link] [comments] | ||||||||||||||||||||||||
Insider Trading Report: Week of October 19-23 Posted: 26 Oct 2020 09:45 AM PDT https://drive.google.com/file/d/14eN5304SHvEQy1BdNuADpZi3lf6eqMaT/view?usp=sharing This week, my bot picked up insiders of 171 companies who transacted shares this past week. Here are some highlights: 1) Highest Buy/Sell Ratio: Array Technologies, Inc. (ARRY)- supplier of solar tracking systems for solar panels. Note: they had their IPO on Thursday, October 15th.
-Summary: More buying transactions than selling, but the one sale was pretty massive. 2) Highest Purchase Value: Eargo Inc. (EAR)- hearing aid manufacturing company.
- Summary: Tons of buying and selling for this company. They had a great weekly return, so keep watching to see if the trend continues. 3) Highest Weekly Return: Konatel Inc. (KTEL)- wholesale discount telecom carrier.
- Summary: This is a penny stock so personally I would stay away from it. But they had a great week with a decent number of transactions. 4) Interesting Transactions: - TSLA- B/S: 6.00, Purchased: 667,742 ($283.37 million), Sold: 1,250 ($530,462). - DKNG- B/S: .05, but each purchase had an average of 2.24 million shares. Interpret this information as you will. Let me know what info you guys would like to see added in the following weeks' scans! [link] [comments] | ||||||||||||||||||||||||
How can I have more discipline? Posted: 26 Oct 2020 03:10 PM PDT So here's a quick story of the two times I feel like I reacted out of fear and it was stupid. First time - I bought an Apple call that expired the same day the split was effective - It dipped hard right before close two days before and I basically lost it all (that's part of my problem - I start thinking it's gone) - Thursday - it comes back up - I quickly get out thinking I got my money back by the grace of god. Friday they close at 2kish. Skip ahead to now - I got spy puts last week - Thinking no stimilus meant low numbers. Thursday and Friday crushed them - I had 4 337 Oct 26th puts at an avg of .81 - Sold then this morning at .08 - Don't know why - Wanted to keep the last of my money even though I still believed a dip was coming - I watched them climb all the way to 2.50 each lol Separately I had 2 332 Oct 28th spy puts at average of .59 - Sold them for .80 each thinking I was getting out good just to watch them climb to 1.60 ish haha So today I lost 300 instead of being up 1k because I can't hold a position to long lol Can anybody identify my issue for me and tell me how to correct it ? Lmao! [link] [comments] | ||||||||||||||||||||||||
Can anyone explain to me Snowflake’s valuation? Posted: 26 Oct 2020 11:16 AM PDT Am I going crazy? Or do we have a company that made around $250M last year, which is now trading at a $70B market cap? Last week it was trading at a $83B market cap. To put this into perspective: Cloudflare, which is a great looking company in terms of growth and customer base, made almost $300M last year, and is valued at a $17B market cap which is highly overvalued due to expected growth and speculation. Snowflake being valued at $70B simply does not make any sense to me at all. It would have to grow hundreds of percent in revenue per year for many years to justify its valuation, which is highly improbable for any company other than Zoom or something similar at the start of the pandemic. Any ideas wth is going on here? Is it just new investors pushing the price up while insiders are in the lockup period? [link] [comments] | ||||||||||||||||||||||||
What is the market cap of TTCF? (I'm confused) Posted: 26 Oct 2020 09:42 AM PDT I have heard people in these forums talk about the market cap being 1.5 ish billion but on some popular apps the market cap shows up as ~600 million. Is there some shares that will ofloaded soon that is not captured in the 600 million? Can someone please help me with this? [link] [comments] | ||||||||||||||||||||||||
APPS, is it a good entry point? Posted: 26 Oct 2020 01:07 PM PDT I have been watching this stock for a while, and now I notice that it is almost 24% down from the ATH of two weeks ago (13 Oct), and they are reporting earnings on the 29th. Do you think it is a good entry point? Even though it has fallen 24% in one week, it is still 340% up YTD, and the current value is the same as what it was in mid September. [link] [comments] | ||||||||||||||||||||||||
Disc/Hard Drive Manufacturers as Long long term investment Posted: 26 Oct 2020 06:42 AM PDT Has anyone seen or done a thorough analysis regarding hard drive manufacturers like WD vs Seagate for instance? Also, does anyone have any opinion of this sector in general as cloud computing has a bright future? Edit: meaning storage in general, as they really are essentially in the digital economy/cloud computing era for decades to come. [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 10:21 AM PDT Looking to see what others think about ARRY. For those who aren't aware, array technologies is a solar panel tracker company based in Albuquerque, NM, which had their IPO a couple of weeks ago. They basically produce the components which allow solar panels to follow the sun, providing the ideal angle of solar exposure. This increases solar input efficiency, lowering cost over time. I think this company is going to make a killing. It's reported revenue for the first two quarters of 2020 was $552 million, up 145% from the same time period in 2019. Net profit of $76 million in first half of 2020 compared to profit of $39 million in all of 2019. Over $5 billion market cap. The company is already profitable in a rapidly growing industry. The question is... Is the company still worth buying at its current ~$40 price? I think it currently sits at such a high price due to the solar industry hype a couple of weeks ago. The IPO was set at $22, and I was hoping to buy at around $30. It quickly shot up into the low $40s within a couple days. I plan to wait and see if it goes back down to around $30, and I would then buy. Anyone else have an opinion? [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 01:59 PM PDT So I got to thinking about dividends and had a wandering question about them. If you have a share or more of a stock on the Recording Date, then you will get dividends on the Distribution Date. What if I were to pour money into that stock on the recording date (or whenever it writes me down for dividend payouts) and then take out that money? I assume I'll get the dividend, right? I'm not entirely sure of exactly when I should put money in for me to be recorded to risk not losing money through a quick negative change. I've seen a post like this before, but they didn't provide details just that you can. Thanks for your help. [link] [comments] | ||||||||||||||||||||||||
Why don't traders buy puts on a company that is about to go bancrupt? Posted: 26 Oct 2020 08:50 AM PDT I was reading about that fucking moron Dan Bilzerian today and I was wondering why traders don't flock to dying companies to extract maximum value out of a company that is going under? Why don't people by bets on the price going down? Is it because the stock price is so low that the gains are "diminishing returns" ? [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 06:14 AM PDT Has anyone here actually invested into an IPO (or with a few months after launch) and held through all the volatility etc for years and are now up 500% or more? I think it takes a very unique mindset to A) pick a good IPO to invest in that becomes successful, and B) not cash out too early missing monstrous gains. The only IPO I've ever invested in is Lemonade and I honestly don't know if I can stomach the volatility... I was down 40%, then I was up 30%, now I'm down 13% again it's crazy wild and everyday I'm trying to prevent myself selling at break even and getting out because I honestly don't know if it's going to flop or become the next square or tesla. I only have £5k invested but £5k in an index fund would be worth like £45k in 25 years... [link] [comments] | ||||||||||||||||||||||||
Posted: 26 Oct 2020 11:47 AM PDT http://quotes.morningstar.com/chart/fund/chart.action?t=BND It'll show you the total return over a period of time. Took me way too long to find something like this so I wanted to share this with you all in the hopes that it may help [link] [comments] |
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