Originally Posted by lewdog:
Got in at $173 for 58 shares. Put a stop loss at $176 after a few days but that was unlikely to hit based on earnings speculation, it was just a precaution on my part.
Up 9% in a week on this.
Nice. I thought you intended to sell before the report.
When the numbers dropped Friday morning and it beat on EPS/rev it was up 4.5% in premarket. I went to read the report. They guided for 2019 revenue to be up over 60% yoy inclusive of the Cainaio and ele.me acquisitions. I looked and the ticker was down to +1.8%. Seemingly good stuff, cloud computing up 101%. Look over and BABA is down -1%
Then the market opened and we got a few good news items and it sent everything green. Thanks in particular to Buffet for sending my Apple shares soaring with his announcement that BRK bought another 75 million shares in the first quarter! It's crazy reading the numbers some of these companies throw around. Apple bought back $26 billion of it's shares during the last quarter and announced a new plan to buy back another $100 billion. [Reply]
Originally Posted by ChiliConCarnage:
Nice. I thought you intended to sell before the report.
When the numbers dropped Friday morning and it beat on EPS/rev it was up 4.5% in premarket. I went to read the report. They guided for 2019 revenue to be up over 60% yoy inclusive of the Cainaio and ele.me acquisitions. I looked and the ticker was down to +1.8%. Seemingly good stuff, cloud computing up 101%. Look over and BABA is down -1%
Then the market opened and we got a few good news items and it sent everything green. Thanks in particular to Buffet for sending my Apple shares soaring with his announcement that BRK bought another 75 million shares in the first quarter! It's crazy reading the numbers some of these companies throw around. Apple bought back $26 billion of it's shares during the last quarter and announced a new plan to buy back another $100 billion.
Only if I was just going to ride speculation to the report, but once I read some numbers, it looked like it was going to continue it's break up (which it did nicely).
I did sell half of my shares (29) today @195, for a 12% profit in 6 days. I put a stop loss on the remaining 29 shares in the mid 180's to lock in (7% profit) but plan to ride a possible notch above $200 before possibly selling the rest of my shares.
I almost bought a bunch of Apple shares when it was last around $100 a few years ago.....I didn't. :-)
Part of me still sees it over-valued, but they are such a profitable company it's hard not to wonder if buying in now still makes sense? [Reply]
Originally Posted by lewdog:
I almost bought a bunch of Apple shares when it was last around $100 a few years ago.....I didn't. :-)
Part of me still sees it over-valued, but they are such a profitable company it's hard not to wonder if buying in now still makes sense?
Have 200 shares, 120 @ $133 & 80 @ $150= LOVING IT!
Thinking about selling once it hits the psychological $1 trillion company eval and buying back in on the dip. But something tells me to just hold it forever at this point. Been in since 2015 [Reply]
Hogs IPO, iqiyi had back to back +11% days on the JD membership news and some regulation approval. They gained 1 million members in the first week since their agreement to share premium membership benefits between iq and JD.
It seems spinning iq off was a good move by Baidu. Sometimes you can unlock a lot of value. [Reply]
Originally Posted by lewdog:
Hog, need some hot stock tips!
Sorry ,I've been focusing on fishin and letting my stuff ride. I know the defense stocks took a dip for some stupid reason and presented a buy opp. [Reply]
Originally Posted by lewdog:
Hog, need some hot stock tips!
I bought some DNR back in April. It's up 16% since then. Also it's up 108% last 12 months. Oil and Gas company has a 14.4% profit margin compared to the industry avg of 6.6%. The stock is expected to gain 63% next 3 months
It's a cheap stock at 3.70.
Conflict with Iran is most likely good for the stock.
Originally Posted by Hog's Gone Fishin:
I bought some DNR back in April. It's up 16% since then. Also it's up 108% last 12 months. Oil and Gas company has a 14.4% profit margin compared to the industry avg of 6.6%. The stock is expected to gain 63% next 3 months
It's a cheap stock at 3.70.
Conflict with Iran is most likely good for the stock.
Now it will probably tank !
Interesting company and stock movement.
I don't like dabbling in penny stocks much though! Good looking out, however. [Reply]
Doing some early morning review. Had been a while.. thought I was increasing my bonds but apparently my taxable accounts are keeping that amount down. I feel like I need to adjust.
Not exactly joining hog fishing soon but it's going ok! [Reply]
Futures look high everywhere tomorrow. Talks starting to avoid tariffs. Earnings reports are still high for most companies. Stock buybacks from lower taxes are in full affect.
I think tomorrow and the next few days could be HUGE days. [Reply]
Originally Posted by lewdog:
Futures look high everywhere tomorrow. Talks starting to avoid tariffs. Earnings reports are still high for most companies. Stock buybacks from lower taxes are in full affect.
I think tomorrow and the next few days could be HUGE days.
Wished I’d have shorted beans.
Hopefully we get a good rally in the grains. I have a lot of corn I need to hedge. [Reply]
