Hello all,
It's been a kind of bleak couple of weeks. WWE took a recent hit but we're still holding, if only for international subscriptions to WWE, TWO is down a little (which is fine because it's a dividend stock anyway), and we traded out 9 shares of FB for 10 of UA. Profitability continues to elude PLUG.
Coulda shoulda wouldas:
We would have liked to have held ISIS longer, traded FB for TWTR, and traded WWE for RAD, which has been on a nice upswing from the 4s and will probably reach 5+ soon.
For now we continue to hold, with our penny stocks dormant and/or worthless. BRGO did a 1000-1 reverse split, making our 300,000 shares worth a cup of coffee, LQMT languishes in the teens, and nothing else - TGRO, PVSP, FLST - is worth even mentioning. The strategy going into the new year will be holding onto corporate stocks long-term and selling what carnage we have left in pennies.
Hopefully there'll be some good news, but for now our missed profits are in Rite Aid, Isis Pharmaceuticals, and even Facebook. With Lockheed Martin's fusion discovery, we hope to get in eventually. Stay tuned.
Showing posts with label stocks blog. Show all posts
Showing posts with label stocks blog. Show all posts
Wednesday, October 22, 2014
Friday, November 15, 2013
Daily Post #2: 10.4, Good Buddy! Sitting Back and Watching (DDD, CNI), Splits Discussion
Well, today's the day and my shares of CNI are in and ready for a split. Turns out I was able to purchase an extra fifth of a share, which will turn into 2/5ths down the road (hence the 10.4 in the title). Having grown up in the 80s, I'm always grateful for the extra bits of bean-counting that have been brought online. Getting fractional shares during splits never used to happen for me.
My fond nickname for NCT and NRZ used to be "Dumb & Dumber", because no matter how the stocks would flail about they'd almost always total $13 (in fact as of this moment they are at $13.01). Nothing against them -- they're still constant with the dividends regardless of stock price. Lately another similarly nicknamed pairing is LQMT and FLST, which do act independently of each other but haven't done that much yet. Patience.
I see Zynga's up past $4, ALU continues to crawl up to new highs, SIRI is coming close to where I sold it at $3.97 (ha). Apple's on the sunny side of $500 again, Google's a third of the way to $1100. Some regret for not having held OMI that long -- up to $37 from $28, along with dividends. Yelp edging up again, Pandora a mind-blowing $31.70, up from $9 recently and supposedly giving iTunes Radio a serious run for its money. WAVX, my friend Andrew's sentimental favorite, treading water at $1.19 -- PCs won't ever have the market share they did -- and perennial nickel-generating stock AWP up .13 to $7.26. That's over 2 months of dividends worth of difference. Jack Henry (JKHY) is up $6 since recent discovery of it and dividends were disbursed yesterday. Groupon (GRPN) is edging back from disastrous management, WWE is climbing to the top rope at $13.32 a share, 5 cents down from a 52-week high. Skilled Healthcare (SKH) back up from a wobble in the low 4s to $4.94. Twitter's still in nesting phase in the low 40s, and looking back at TSLA is showing a stalled valuation as scrutiny mounts. 3D printing darling SSYS is continuing its upward trend with +$1.28 for a total valuation of $125.13/share.
There's some controversy about it, for sure.
This view is neutral at best:
http://www.investopedia.com/articles/01/072501.asp
While this one is more in line with my attitudes:
http://www.rightline.net/stocksplits/stock-splits-work.html
That's about it for today. Thanks for reading and stay tuned to see how CNI vs. DDD works out!
Disclaimer: I do not advocate buying (or not buying) any of the above stocks; please buy at your own discretion.
If my advice helps you make money down the road, I'm gladly accepting tips.
Even $1 will help me grow my portfolio. Comments are very welcome too! Thanks for reading!
Afternoon Action
I'm already feeling a pang from DDD's relatively small jump today of 1.28/share as of this writing -- now I'm making 4.5 times that instead of 9 times since I traded half my shares toward CNI. Speaking of pangs, seeing Voxeljet's insane recent price boost reminds me of my brother's laments about seeing BitCoins escalate daily. The stock was around $28 when I first noticed it, and it's zooming around $60 today. CNI is pretty much unchanged, but it's locked in and I'll be happy to see the split happen November 29th.My fond nickname for NCT and NRZ used to be "Dumb & Dumber", because no matter how the stocks would flail about they'd almost always total $13 (in fact as of this moment they are at $13.01). Nothing against them -- they're still constant with the dividends regardless of stock price. Lately another similarly nicknamed pairing is LQMT and FLST, which do act independently of each other but haven't done that much yet. Patience.
I see Zynga's up past $4, ALU continues to crawl up to new highs, SIRI is coming close to where I sold it at $3.97 (ha). Apple's on the sunny side of $500 again, Google's a third of the way to $1100. Some regret for not having held OMI that long -- up to $37 from $28, along with dividends. Yelp edging up again, Pandora a mind-blowing $31.70, up from $9 recently and supposedly giving iTunes Radio a serious run for its money. WAVX, my friend Andrew's sentimental favorite, treading water at $1.19 -- PCs won't ever have the market share they did -- and perennial nickel-generating stock AWP up .13 to $7.26. That's over 2 months of dividends worth of difference. Jack Henry (JKHY) is up $6 since recent discovery of it and dividends were disbursed yesterday. Groupon (GRPN) is edging back from disastrous management, WWE is climbing to the top rope at $13.32 a share, 5 cents down from a 52-week high. Skilled Healthcare (SKH) back up from a wobble in the low 4s to $4.94. Twitter's still in nesting phase in the low 40s, and looking back at TSLA is showing a stalled valuation as scrutiny mounts. 3D printing darling SSYS is continuing its upward trend with +$1.28 for a total valuation of $125.13/share.
Splitsville?
 |
| A great banana split. Courtesy of Cyclonebill from Wikimedia Commons. |
Those who haven't taken advantage of splits may be wondering why owning an extra share of something is worth it.
There's some controversy about it, for sure.
This view is neutral at best:
http://www.investopedia.com/articles/01/072501.asp
While this one is more in line with my attitudes:
http://www.rightline.net/stocksplits/stock-splits-work.html
That's about it for today. Thanks for reading and stay tuned to see how CNI vs. DDD works out!
Disclaimer: I do not advocate buying (or not buying) any of the above stocks; please buy at your own discretion.
If my advice helps you make money down the road, I'm gladly accepting tips.
Even $1 will help me grow my portfolio. Comments are very welcome too! Thanks for reading!
Monday, December 10, 2012
Welcome to Lionel's Stock Portfolio
Hello world.
The last time I really invested was back in 1999, around the time of the tech bubble.
My investing methods were scattershot if anything, and I was using a broker's advice at $50 a transaction. He didn't know any more than I did the way the markets were going; he just enjoyed making minimal chit-chat and pocketing cash that could easily have gone toward more shares of stock.
I had been lucky with one tip, INVT, whose stock name itself (InvestAmerica) whipped up enough hype to bring it from $1 to $9 overnight and bring my portfolio to over $10,000.
Other stocks, like SONE and EAG, grew steadily for a while, to the point I was making $350 a week in my underwear. It was a great time, and I ignored the daily stories that came out, like "Is Dot-Com Bubble About to Burst?"
My weekly income slowed at that point, dropped to zero in a few days, and then crashed in a series of margin calls. INVT dropped through $8, $7, $5, $3, $1, and then virtually nothing. By the time it was all over, I'd cashed out completely, with nothing but a bad taste for investing and a string of receipts for $50 commissions.
Working-class life called for a few years, leaving me few if any options to get back into the market.
Finally, after doing some research and getting married to a wonderful lady, I've been able to get back into the market, bit by bit, and start to accumulate some momentum.
This is the story of my portfolio from week to week. I'm sure there will be times it will lose money, but one thing is certain: this time around will be more careful, more proactive, and much less impulsive.
If you're an experienced investor and have advice to offer in a comment, I'd be very happy to hear it, positive or negative. It's my hope to turn my portfolio into a long-term winner and enjoy learning along the way.
Thanks for visiting,
Lionel
The last time I really invested was back in 1999, around the time of the tech bubble.
My investing methods were scattershot if anything, and I was using a broker's advice at $50 a transaction. He didn't know any more than I did the way the markets were going; he just enjoyed making minimal chit-chat and pocketing cash that could easily have gone toward more shares of stock.
I had been lucky with one tip, INVT, whose stock name itself (InvestAmerica) whipped up enough hype to bring it from $1 to $9 overnight and bring my portfolio to over $10,000.
Other stocks, like SONE and EAG, grew steadily for a while, to the point I was making $350 a week in my underwear. It was a great time, and I ignored the daily stories that came out, like "Is Dot-Com Bubble About to Burst?"
My weekly income slowed at that point, dropped to zero in a few days, and then crashed in a series of margin calls. INVT dropped through $8, $7, $5, $3, $1, and then virtually nothing. By the time it was all over, I'd cashed out completely, with nothing but a bad taste for investing and a string of receipts for $50 commissions.
Working-class life called for a few years, leaving me few if any options to get back into the market.
Finally, after doing some research and getting married to a wonderful lady, I've been able to get back into the market, bit by bit, and start to accumulate some momentum.
This is the story of my portfolio from week to week. I'm sure there will be times it will lose money, but one thing is certain: this time around will be more careful, more proactive, and much less impulsive.
If you're an experienced investor and have advice to offer in a comment, I'd be very happy to hear it, positive or negative. It's my hope to turn my portfolio into a long-term winner and enjoy learning along the way.
Thanks for visiting,
Lionel
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