All things STOCKS

#3,026
#3,026
mr.checkerboards said:
Right now the losses aren't too bad. I'm going to give it this week then sell if it doesn't come around
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There’s been so much money to be made playing stocks like SAVE, TSLA, MGM, MFA, BA, etc....I don’t know why anyone would bother with the risk of the small dilution machines right now. The big names are so volatile, and yet so safe at the same time.
 
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#3,027
#3,027
So I am not sure on anything hitting right now until end of week for GAN. I have read some about Docusign (Docu) since they will list with nasdaq and everything looks legit. Any takers?
 
#3,028
#3,028
VolAllen said:
There’s been so much money to be made playing stocks like SAVE, TSLA, MGM, MFA, BA, etc....I don’t know why anyone would bother with the risk of the small dilution machines right now. The big names are so volatile, and yet so safe at the same time.
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I'm not in enough $$$$ wise to play with the big boys. If I cash out where I'm at. I'll have about 50 free
 
#3,031
#3,031
LIvol said:
So I am not sure on anything hitting right now until end of week for GAN. I have read some about Docusign (Docu) since they will list with nasdaq and everything looks legit. Any takers?
Click to expand...

I bought Docusign back in March and added to it again last week. Probably a good long term buy. Valuation is a little crazy so I might not suggest for trading. One of the reasons I bought DBX yesterday was they have a similar (much less successful) version of Docusign.
 
#3,032
#3,032
BigOrangeMojo said:
For curiosity purposes

So, how many individual stock holdings does everyone have?

Less than 5
Between 5-10
Between 11-25
More than 25

What's your preferred range?
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Ive got 116 individual stocks... And I’ll be the first to admit, I don’t agree with 95% of the advice I read here. Take a credit card advance and buy penny stocks? Nope, not for me BUT I’m rooting everybody on. Different strokes for different folks.
 
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#3,033
#3,033
mr.checkerboards said:
I'm not in enough $$$$ wise to play with the big boys. If I cash out where I'm at. I'll have about 50 free
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This is a common misconception for new traders. You started with $100. It didn’t matter if you bought 10,000 shares of VISL or 10 shares of SAVE. % is the only thing that matters. 10% jump on your 10,000 VISL is the same as 10% on your 10 shares of SAVE. No matter how you slice it, it’s still 10% of $100.
 
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#3,037
#3,037
VolAllen said:
This is a common misconception for new traders. You started with $100. It didn’t matter if you bought 10,000 shares of VISL or 10 shares of SAVE. % is the only thing that matters. 10% jump on your 10,000 VISL is the same as 10% on your 10 shares of SAVE. No matter how you slice it, it’s still 10% of $100.
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Yeah I see. When I started I bought like 1 share of Jets, Partials into VTI and VOO and some into idex and vislink. Ive added a little more since and have most of my shares into Jets which is positive for now. Right now I have 10 shares of Jets, 25 of IDEX and 35 of Vislink.
 
#3,038
#3,038
VolAllen said:
This is a common misconception for new traders. You started with $100. It didn’t matter if you bought 10,000 shares of VISL or 10 shares of SAVE. % is the only thing that matters. 10% jump on your 10,000 VISL is the same as 10% on your 10 shares of SAVE. No matter how you slice it, it’s still 10% of $100.
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You lost me there. 10 shares of Save @21 would be $210. A 10% jump would be $21.

10000 shares of visil at .80 would be $8000. A 10% jump would be $800.


I think it goes back to the "You gotta have money to make money."
 
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#3,039
#3,039
Orange_Vol1321 said:
You lost me there. 10 shares of Save @21 would be $210. A 10% jump would be $21.

10000 shares of visil at .80 would be $8000. A 10% jump would be $800.


I think it goes back to the "You gotta have money to make money."
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The 10 of SAVE and the 10,000 of VISL were just examples. When he started, however, I believe SAVE was around $10 per share. No clue about VISL.
 
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#3,040
#3,040
VolAllen said:
The 10 of SAVE and the 10,000 of VISL were just examples. When he started, however, I believe SAVE was around $10 per share. No clue about VISL.
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I see what you're saying. $210 worth of SAVE is going to pull you a better percentage than $210 of a low dollar stock. Makes sense.

Read that the next resistance on SAVE is at $24 and if it breaks that it could jump to $30. Should've grabbed a position last week on the low dip.
 
#3,041
#3,041
Orange_Vol1321 said:
I see what you're saying. $210 worth of SAVE is going to pull you a better percentage than $210 of a low dollar stock. Makes sense.

Read that the next resistance on SAVE is at $24 and if it breaks that it could jump to $30. Should've grabbed a position last week on the low dip.
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Well I can’t say that for sure. Visl or whatever could run 100% in a day, which would be extremely unlikely for something like Save or CCL. But what I’m saying is, the amount of shares you have doesn’t matter. The % that something moves on your total invested is all that matters. If he’s got $200 in the market, it doesn’t matter if the $200 is in SAVE or VISL. If one of those runs 30% (or goes down 30%), it doesn’t matter how many shares you’re holding. It’s still 30% of $200. It’s not 30% of 10,000 shares or 10 shares. It’s still $200, no matter how you cut it.
 
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#3,042
#3,042
Orange_Vol1321 said:
I see what you're saying. $210 worth of SAVE is going to pull you a better percentage than $210 of a low dollar stock. Makes sense.

Read that the next resistance on SAVE is at $24 and if it breaks that it could jump to $30. Should've grabbed a position last week on the low dip.
Click to expand...
That resistance wall moves the closer you get to it. If the sellers see you jumping the fences, that wall at $24 magically turns into a wall at $26
 
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#3,046
#3,046
Thunder Good-Oil said:
Hertz says their stock is expected to become worthless while offering to sell shares of their stock for a half billion dollars. Alrighty then.

Hertz says it expects stockholders to lose all their money in filing for selling more stock
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I thought about shorting that nonsense again Friday. In maybe a bit of a troll move, I bought the 15 year old his first car from a Hertz used car rental sales place. Same car was significantly less than CarMax so I know the lenders arent trying to maximize values to leave anything left for equity shareholders.
 
#3,048
#3,048
BigOrangeMojo said:
For curiosity purposes

So, how many individual stock holdings does everyone have?

Less than 5
Between 5-10
Between 11-25
More than 25

What's your preferred range?
Click to expand...

I'm a long term investor, value contrarian by nature and I like to keep my portfolio between 25-33 holdings. This is part of the risk management element of the portfolio. I also like to keep the individual stock weighting between 3-5% of the portfolio.
 
#3,049
#3,049
GoDucks349 said:
I'm a long term investor, value contrarian by nature and I like to keep my portfolio between 25-33 holdings. This is part of the risk management element of the portfolio. I also like to keep the individual stock weighting between 3-5% of the portfolio.
Click to expand...

I'm very similar. I'm at 24 right now and goal is to keep in 20-30 range. Its manageable but gives me a chance to outperform indexes since I dont have too many stocks.
 
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#3,050
#3,050
MadisonvilleVol said:
Ive got 116 individual stocks... And I’ll be the first to admit, I don’t agree with 95% of the advice I read here. Take a credit card advance and buy penny stocks? Nope, not for me BUT I’m rooting everybody on. Different strokes for different folks.
Click to expand...

Yeah, my biggest fear is the newbies get burned. I was young once and day traded. Had some successes and some failures. Heck, bought and held NVDA all this time. Day trading wasnt for me. I dont think Penny stocks are the way to wealth.

I'm at 24 stocks now and I will try to keep in 20-30 range. Other than a couple holdings, everything is between 3-5% of portfolio.
 
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