FredC
Village Idiot
- Joined
- Jul 13, 2011
- Messages
- 26,335
well...you did tell me to hold off because it wouldn't be over 300 long.......
well...you did tell me to hold off because it wouldn't be over 300 long.......
F
FB7777
Guest
I love being wrong in the short term ....
The only one dumber than a carpet cleaning stock picker is his flock of followers
Well this dummy sold UCO, GNL, and DIS and bought 129 shares of APPL. Here we go.
ruff
Member
Just for ballance:
www.cnbc.com
Bank of America downgrades Apple, citing a number of risks including valuation
Bank of America downgraded Apple to neutral from buy.
Millennials don't care and will keep buying. Hell, the banks can't even stock coins anymore.Just for ballance:
Bank of America downgrades Apple, citing a number of risks including valuation
Bank of America downgraded Apple to neutral from buy.
ruff
Member
Make your own decision and I wish you all luck. Apple is a great company and has been a great stock. Can't argue with success.
Just be careful and hedge your bets. Remember: "buy high and sell low" has never been a winning formula
Just be careful and hedge your bets. Remember: "buy high and sell low" has never been a winning formula
Maybe Mr. Boyle is just trying to facilitate a “Pump and Dump”.Make your own decision and I wish you all luck. Apple is a great company and has been a great stock. Can't argue with success.
Just be careful and hedge your bets. Remember: "buy high and sell low" has never been a winning formula
ruff
Member
I hope so for you.
If there is, will you sell or hold?
If there is, will you sell or hold?
I don't know. Have you ever heard Warren Buffet talk about why he invests in companies like Coke? If Coke wants to make a higher profit all they have to do is raise the price of a can of Coke by 1 penny. That would equate globally to something like an $8 Billion increase to the bottom line (or something like that). That interview always stuck with me. I think AAPL is in the same category.
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ruff
Member
Apple stock and its products reminds one of grateful dead
It has its own fanatic following.
What do Al Gore, Whoopi Goldberg, Game of Thrones author George R. R. Martin, Carlos Santana, Nancy Pelosi, Mario Batali, and yes, Ann Coulter have in common? Give up? They are all members of the inimitable community of Grateful Dead fans commonly and affectionately known as Deadheads.
Urban Dictionary defines Deadhead as “a person who greatly enjoys the music of the Grateful Dead and particularly the genius of Jerry Garcia.” But decades ago, a subset of fans cranked up that devotion to a whole new level and began following the band from city to city.
Seriously speaking though Stocks like Apple or large momentum stocks always scared the living day light out of me. And I've been wrong on many. I guess deep at heart I am more of a value investor than a momentum one. Go figure. No one has of yet.
And if you like Warren's genius, why don't you invest in his stock BRKB?
You'll be a hell of a lot more diversified and his long term record of wealth creation is second to none. Though he will retire pretty soon I assume, so who'll be at the helm then?
It has its own fanatic following.
What do Al Gore, Whoopi Goldberg, Game of Thrones author George R. R. Martin, Carlos Santana, Nancy Pelosi, Mario Batali, and yes, Ann Coulter have in common? Give up? They are all members of the inimitable community of Grateful Dead fans commonly and affectionately known as Deadheads.
Urban Dictionary defines Deadhead as “a person who greatly enjoys the music of the Grateful Dead and particularly the genius of Jerry Garcia.” But decades ago, a subset of fans cranked up that devotion to a whole new level and began following the band from city to city.
Seriously speaking though Stocks like Apple or large momentum stocks always scared the living day light out of me. And I've been wrong on many. I guess deep at heart I am more of a value investor than a momentum one. Go figure. No one has of yet.
And if you like Warren's genius, why don't you invest in his stock BRKB?
You'll be a hell of a lot more diversified and his long term record of wealth creation is second to none. Though he will retire pretty soon I assume, so who'll be at the helm then?
F
FB7777
Guest
Apple
own it
don’t trade it
When it goes down
buy more
Bank of America and other ANaLysts are ticks on the market
they trade derivatives and grade stocks based on their long and/or short positions
own it
don’t trade it
When it goes down
buy more
Bank of America and other ANaLysts are ticks on the market
they trade derivatives and grade stocks based on their long and/or short positions
ruff
Member
See what I mean?
I am willing to bet (mentally) (starting from today) that in the next ten years a low cost index fund of the S&P 500 or a tech index fund will return better than Apple.
and with substantially less risk which should be factored in.
I am willing to bet (mentally) (starting from today) that in the next ten years a low cost index fund of the S&P 500 or a tech index fund will return better than Apple.
and with substantially less risk which should be factored in.
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F
FB7777
Guest
You do realize Bank of America downgraded Apple to Neutral but raised their price target to $470right?
index funds are great, I’m convinced Apple is on its way beyond $200 post split which is $800 pre adjusted
Ill consider trimming my position there
index funds are great, I’m convinced Apple is on its way beyond $200 post split which is $800 pre adjusted
Ill consider trimming my position there
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ruff
Member
That must be why they call you "Brass Balls Fred"
Knowing what's at risk, you sure have the tolerance. I hope it works well for you, Fred
Knowing what's at risk, you sure have the tolerance. I hope it works well for you, Fred
Good for you, Matt!
In no time you'll be checking tickers in-between jobs and watching investing shows.
Money when old seems to be an important thing!
Doug Cox
Supportive Member
Got me 10k worth.
F
FB7777
Guest
When I started investing, Peter Lynch from Fidelity Magellan was popular. One line in his Book “ Beating the street” 1993 stuck with meThat must be why they call you "Brass Balls Fred"
Knowing what's at risk, you sure have the tolerance. I hope it works well for you, Fred
to paraphrase, in stock picking the worst that can happen is a stock can go to zero and you lose your initial investment. The upside is unlimited , however, you can pick 2 dogs that don’t produce but if you pick one 10-bagger you get rich
I have a healthy list of dogs.... General Electric and Ford Motor were 2 HUGE losses
I cut them loose, took the loss and invested elsewhere
I hate watching guys prematurely SELL their winners , while holding onto their losers
Apple is a winner, it’s kicked me in the nuts a few times with massive drops , but I held on cause my thesis and the Apple story hasn’t changed
ruff
Member
Knowing when to sell a winner is a lot harder than knowing when to buy.
I also read and liked Peter Lynch's book. It still is a good one, because all the principles are right.
Peter Lynch, if memory serves me right, also talked about not allocating too high a percentage of one's funds into one single stock and never falling in love with any stock. Both are about managing risk and keeping one's "emotions" or anything that could muddle our ability to decide with a clear head, in check.
Or was it Yogi Berra?
On the other hand, there's something to be said in praise of sticking with one's conviction, especially if it is well thought out and always kept in check.
I also read and liked Peter Lynch's book. It still is a good one, because all the principles are right.
Peter Lynch, if memory serves me right, also talked about not allocating too high a percentage of one's funds into one single stock and never falling in love with any stock. Both are about managing risk and keeping one's "emotions" or anything that could muddle our ability to decide with a clear head, in check.
Or was it Yogi Berra?
On the other hand, there's something to be said in praise of sticking with one's conviction, especially if it is well thought out and always kept in check.
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FredC
Village Idiot
- Joined
- Jul 13, 2011
- Messages
- 26,335
I checked it a few times today and I was still poor. 
I checked it a few times today and I was still poor.
Poor or broke?
FredC
Village Idiot
- Joined
- Jul 13, 2011
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- 26,335
Both
Well they say poor is a mindset and broke is just something you get over.
F
FB7777
Guest
The day isn’t over
watch for a spike over the next 2 weeks as Monthly options expire on Aug 21
lots of short positions need to get closed before the end of the 21st
that and the 4/1 split , this is gonna be an exciting 2 weeks
I've got options on TIPS bonds(Inflation protected securities) til the end of the year, inflation is hear and going to get worse. Printing money should only accelerate this.
It's kind of a hedge against a very expensive market.
Yea, I also picked up some more apples. Need to stop buying biotech, but I can't! Soo much crazy stuff happening in the medical/oncology fields.
It's kind of a hedge against a very expensive market.
Yea, I also picked up some more apples. Need to stop buying biotech, but I can't! Soo much crazy stuff happening in the medical/oncology fields.
FredC
Village Idiot
- Joined
- Jul 13, 2011
- Messages
- 26,335
and I'm still poor
