I bought some shares of Disney (DIS) earlier this week hoping for a nice run up with Avengers 4 coming out tomorrow, and the earnings report coming on May 8th.
And today the news comes out that they're trying to buy Comcast's 30% stake in Hulu, when Disney already owns 60%.
Combined with Disney's own streaming service which will come out in November, I think this stock will go balls out for the rest of the year. [Reply]
Originally Posted by Munson:
I bought some shares of Disney (DIS) earlier this week hoping for a nice run up with Avengers 4 coming out tomorrow, and the earnings report coming on May 8th.
And today the news comes out that they're trying to buy Comcast's 30% stake in Hulu, when Disney already owns 60%.
Combined with Disney's own streaming service which will come out in November, I think this stock will go balls out for the rest of the year.
I just sold 70% of my Disney, so it's pretty much assured to keep rising.
I've owned it for several years and it's been a dog the whole time. Then this year it shot up to a 20 percent profit for me, which is my signal to sell enough of my holdings that I'm only leaving profit in. (It's an element of my "Rain Man Fee-Free Mutual Fund" strategy.) I was debating breaking that rule to keep the stock since it seems to be having a great run. I probably should have. [Reply]
Originally Posted by eDave:
Check out online savings accounts. I got a bunch in various accounts making right at that. Not sure if that beats inflation. Don't care. It's cuts into it at least when you want liquidity with a portion of your financial inventory.
I've done well over the years with Capital One as my online bank. Their money market account is at 2.00%. I, of course, am only in their 360 savings/checking account which is at 1.00%. Will need to look into whether I should be switching or what, as that's a significant difference (obviously).
Why are you clinging to it? It's a sunk cost, and just waiting forever on the hope that you don't lock in your loss isn't exactly the best decision to make TODAY.
If you sold it, whatever, six months ago, and put the whole thing into an S&P 500 index fund, you'd have a tax loss to use again tax gains, and appreciation on the index fund. Instead, you're just chasing your tail hoping that you catch it. Why? [Reply]
I bought a shitload of KBLB years ago at.02.. Sold it at .04 bought it back at .06 sold it at .04 . so I made some then lost some. I'm too ****ing impatient.
I thought they had a great product and I got in at the beginning. They cross silkworms with spider dna and make a super strong spider silk that the military is using for ballistic vests. Stronger than Kevlar. I talked my brother into buying 100,000 shares. He's a military guy so he said hell yeah. Well he owns those shares still and I have none.
Originally Posted by Hog's Gone Fishin:
I bought a shitload of KBLB years ago at.02.. Sold it at .04 bought it back at .06 sold it at .04 . so I made some then lost some. I'm too ****ing impatient.
I thought they had a great product and I got in at the beginning. They cross silkworms with spider dna and make a super strong spider silk that the military is using for ballistic vests. Stronger than Kevlar. I talked my brother into buying 100,000 shares. He's a military guy so he said hell yeah. Well he owns those shares still and I have none.