Author Topic: Stocks  (Read 534806 times)

Offline yuneeq

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Re: Stocks
« Reply #5520 on: March 01, 2021, 03:29:06 PM »
I am yet to find the person who lost money taking a small profit. That being said, it does pay a dividend, so you get paid to hold it. You could explore selling covered calls.

I understand that, though I guess my primary question is what's the thoughts on the stock price right now? Ie. I could've asked this question at $45 and you can advise the same - never hurts to take profits, but I'm not looking to take profits until the stock is considered overpriced (at least by some reasonable people). Otherwise I don't mind holding on for a longer ride.

Offline drosenberg88429

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Re: Stocks
« Reply #5521 on: March 01, 2021, 05:10:16 PM »
Can combine that with buying puts to protect the downside, with the premiums for the calls sold funding the puts bought.

Then you have no upside from the stock appreciation and no profit from the calls you sold. You may as well just sell the stock and put the capital to better use.

Online ExGingi

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Re: Stocks
« Reply #5522 on: March 01, 2021, 05:43:10 PM »
I understand that, though I guess my primary question is what's the thoughts on the stock price right now? Ie. I could've asked this question at $45 and you can advise the same - never hurts to take profits, but I'm not looking to take profits until the stock is considered overpriced (at least by some reasonable people). Otherwise I don't mind holding on for a longer ride.

The question is what would YOU consider overpriced?

I sell calls on stocks that I own where I think that the combination of the premium collected and appreciation over the price I paid is an excellent return. Do I lose out sometimes by missing some additional appreciation? Yes. Did I realize my investment objective with the stock? Mostly yes (unless I bought it for the dividend, but then the locked-in appreciation should cover that for a while, and another opportunity will come down the road to deploy the cash). Sometimes I will just sell calls against a portion of my position, just to generate some extra income.
I've been waiting over 5 years with bated breath for someone to say that!
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Offline yuneeq

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Re: Stocks
« Reply #5523 on: March 01, 2021, 07:16:12 PM »
The question is what would YOU consider overpriced?

I sell calls on stocks that I own where I think that the combination of the premium collected and appreciation over the price I paid is an excellent return. Do I lose out sometimes by missing some additional appreciation? Yes. Did I realize my investment objective with the stock? Mostly yes (unless I bought it for the dividend, but then the locked-in appreciation should cover that for a while, and another opportunity will come down the road to deploy the cash). Sometimes I will just sell calls against a portion of my position, just to generate some extra income.

I'm a value investor, but I can price in growth. What I call overpriced is if the price already factors in the bullish case and still has an expensive P/E. Eg. if a stock is at 1000 P/E, and I'm bullish and believe earnings will grow 10x which would bring it to 100 P/E, I would say it's expensive. I haven't had time to follow the streaming industry or VIAC, so not sure where the bullish case would price it at.

Re: calls, I've never used calls so it's above my pay grade to do it right. I would probably just sell a portion of the shares.

Offline shie123

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Re: Stocks
« Reply #5524 on: March 02, 2021, 11:12:04 AM »

Offline stmark

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Re: Stocks
« Reply #5525 on: March 02, 2021, 12:17:35 PM »
anyone have any thoughts on $BUZZ? Portnoy's new ETF.

Offline Yitzshpitz

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Re: Stocks
« Reply #5526 on: March 02, 2021, 03:12:01 PM »
anyone have any thoughts on $BUZZ? Portnoy's new ETF.

Sounds like a new age tech ETF on steroids. So if you are into investing in Tech, Trendy, and highly speculative companies that have high potential yield, then this is a good option for you.

My main questions are if their AI system that collects data based on the "buzz" can be manipulated by bots or fake news surrounding various stocks which would give their system false signals. Also, how would it distinguish between a real long term demand versus a pump and dump? Can their ETF also engage in pump and dumps based on the sentiment?

Offline EliJelly

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Re: Stocks
« Reply #5527 on: March 04, 2021, 02:48:07 PM »
TSLA and NIO at record lows. Anyone buying the dip? Which one do you prefer? No real bad news on non of them, more of a selling hype.

Offline Mootkim

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Re: Stocks
« Reply #5528 on: March 04, 2021, 03:46:05 PM »
TSLA and NIO at record lows. Anyone buying the dip? Which one do you prefer? No real bad news on non of them, more of a selling hype.
Jumped on NIO

Online ExGingi

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Re: Stocks
« Reply #5529 on: March 04, 2021, 03:48:00 PM »
TSLA and NIO at record lows. Anyone buying the dip? Which one do you prefer? No real bad news on non of them, more of a selling hype.

Do you need bad news in order to get out of TSLA?

Maybe it's due to SpaceX exploding after successful landing.

In other news:

« Last Edit: March 04, 2021, 04:00:58 PM by ExGingi »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online ExGingi

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Re: Stocks
« Reply #5530 on: March 04, 2021, 04:08:28 PM »
TSLA and NIO at record lows. Anyone buying the dip? Which one do you prefer? No real bad news on non of them, more of a selling hype.

When did recordkeeping begin?

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Abey

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Re: Stocks
« Reply #5531 on: March 04, 2021, 04:12:43 PM »
TSLA and NIO at record lows. Anyone buying the dip? Which one do you prefer? No real bad news on non of them, more of a selling hype.
Buying anything now especially these huge leaders is a shot in the dark. Most traders I follow didn’t trade anything the past week or short only. I’d wait for some positive sentiment

Offline yos9694

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Re: Stocks
« Reply #5532 on: March 04, 2021, 04:58:17 PM »
TSLA and NIO at record lows. Anyone buying the dip? Which one do you prefer? No real bad news on non of them, more of a selling hype.

Record lows?! What kind of nonsense. It's 430% higher than the price it was a year ago.

Online ExGingi

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Re: Stocks
« Reply #5533 on: March 04, 2021, 05:51:57 PM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline madhocker

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Re: Stocks
« Reply #5534 on: March 04, 2021, 08:21:46 PM »
Market sentiment seems to be souring....

On a bright note, you can balance your equity portfolio with a position in GME. Up today 6.5%.  :P