The Investment Thread (19 Viewers)

Saint_Ward

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Rumors that Amazon was looking into offering a live TV package as well, have now been confirmed.

Amazon creating live TV package - Business Insider
The rumor

https://www.amazon.com/gp/help/customer/display.html?nodeId=201975120

https://www.usatoday.com/videos/tech/2017/05/23/amazon-prime-now-let-you-watch-tv-live/102046756/

confirmed.

No details on the pricing or offereings yet.

With Amazon getting into this arena, pushing the boundaries on retail, cloud services, etc. I really do wonder how large they can grow. As long as they keep their laser focus on customer service, speed and cost, I think they can do a lot.

I'm very glad I was able to buy a few shares a while back while it was trading in the $700's... or course, I wish I did this a year or two before when they were in the $400-500 range. Wow.

Today they hit $998/share ad are now hovering around $996.
 

Grandadmiral

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So, you guys want to get together and buy all the JCPenney stock we can? Perhaps it'll be enough to take over the company and set things right.

(Or maybe not. If they survive the year, I'll be shocked.)
 

efil4stnias

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So, you guys want to get together and buy all the JCPenney stock we can? Perhaps it'll be enough to take over the company and set things right.

(Or maybe not. If they survive the year, I'll be shocked.)
they are mulling a reverse stock split...no thanks lol
 

bclemms

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I'm getting lit up today in NUGT. Losing 15% in a day sucks. lol

I really don't understand how the market is holding up with China shut down. Trump tweets about China in trade wars had a bigger impact than China getting shut down completely by a virus.
 

bclemms

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Right before the market closed yesterday I accidentally bought a chunk of Carnival Cruise lines when I meant to short it. I figured with the cruise lines dealing with cancellations, Carnival dealing with one of it's flagship ships in quarantine, reports of Caribbean islands rejecting cruise ships in fear of Coronavirus that it would have a negative impact. It's up 4% since I bought.

WYNN has 65% exposure to casinos in Macau which attracts Chinese high rollers. Travel to Macau has basically been shut down completely and today they announce closure to all casinos in the area. In response, WYNN is back up 40% since October.

So what is driving the market like this? Either I'm really missing something or the market is. If not for China, I'd expect explosive growth right now because other indicators are sexy. I even understand stocks going up in USA market but for the stocks heavily exposed to China, I don't understand it. Thoughts?
 

Grandadmiral

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they are mulling a reverse stock split...no thanks lol
Yeah. I saw that. They're actually close to getting kicked off and out of the exchange.

A one-time giant goes down.

As a side note, I didn't realize Amazon hit $2K again. Yaaaayyy!!!
 

dbridge

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Anyone else own any Tesla? I bought over 100 shares in the 240 range about 6 months ago and now it's over 900. Profits are around $90k right now. Never seen a stock boom quite like this. I'm actually starting to get nervous and wondering if I should take profits or hold (most likely I'm holding). If anyone else is in, let me know what you are doing.
 

efil4stnias

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So what is driving the market like this? Either I'm really missing something or the market is. If not for China, I'd expect explosive growth right now because other indicators are sexy. I even understand stocks going up in USA market but for the stocks heavily exposed to China, I don't understand it. Thoughts?
I have absolutely no clue what is driving this.

Apple announced last week and cautioned revenue due to large exposure of sales in China may lag. Response? up almost 10% in the last few days.
Every last stock holding i have has been steadily moving up. I knew i should have bought some on the heels of the 5 day dip, but i ended up with QQQ and EEM etfs ( im getting more risk averse as i get older and my fund is growing )

It used to be fundamentals. Now i have no idea. So i just roll with it and hope to be on the right side of things.
 

efil4stnias

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Anyone else own any Tesla? I bought over 100 shares in the 240 range about 6 months ago and now it's over 900. Profits are around $90k right now. Never seen a stock boom quite like this. I'm actually starting to get nervous and wondering if I should take profits or hold (most likely I'm holding). If anyone else is in, let me know what you are doing.
If you sell, you are looking at a hefty cap gains bill. ( or is this inside a 401k/IRA? )

How old are you? do you need the funds now?

i would stand pat personally, hoping they would split. But then again, ive gotten to the point where my appetite for risk is lower than say 5 years ago.
 

efil4stnias

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Yeah. I saw that. They're actually close to getting kicked off and out of the exchange.

A one-time giant goes down.

As a side note, I didn't realize Amazon hit $2K again. Yaaaayyy!!!
not hit...broke thru. :happy0005:


So glad i never sold when it was wallowing around 1700 for several months.
 

bclemms

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Anyone else own any Tesla? I bought over 100 shares in the 240 range about 6 months ago and now it's over 900. Profits are around $90k right now. Never seen a stock boom quite like this. I'm actually starting to get nervous and wondering if I should take profits or hold (most likely I'm holding). If anyone else is in, let me know what you are doing.
Well, oil prices are plunging to the point a gallon of gas is going to be the same price as a 20oz bottle of water and Tesla being a company that has struggled to meet deliveries has a plant in China shut down so obviously you should buy more. Lol
 

NewOrleansFan

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TSLA is at $900
Anyone else own any Tesla? I bought over 100 shares in the 240 range about 6 months ago and now it's over 900. Profits are around $90k right now. Never seen a stock boom quite like this. I'm actually starting to get nervous and wondering if I should take profits or hold (most likely I'm holding). If anyone else is in, let me know what you are doing.
I've been following it. It's up +$300 the last two days. Not sure what to think of it.
 

dbridge

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If you sell, you are looking at a hefty cap gains bill. ( or is this inside a 401k/IRA? )

How old are you? do you need the funds now?

i would stand pat personally, hoping they would split. But then again, ive gotten to the point where my appetite for risk is lower than say 5 years ago.
I hadn't considered the tax implications, so you're right about cap gains. I bought with the intent of holding it for several years, thinking it would eventually go up to 1000. Had no idea it would be knocking at the door of 1000 in such a short time. Right now I'm thinking it could even fall a couple hundred points and I would still be sitting on a nice profit, so I guess I shouldn't be so nervous.
 

bclemms

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I hadn't considered the tax implications, so you're right about cap gains. I bought with the intent of holding it for several years, thinking it would eventually go up to 1000. Had no idea it would be knocking at the door of 1000 in such a short time. Right now I'm thinking it could even fall a couple hundred points and I would still be sitting on a nice profit, so I guess I shouldn't be so nervous.
Nope, if you are really nervous then you could always take some profit and reduce your exposure.
 

efil4stnias

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I hadn't considered the tax implications, so you're right about cap gains. I bought with the intent of holding it for several years, thinking it would eventually go up to 1000. Had no idea it would be knocking at the door of 1000 in such a short time. Right now I'm thinking it could even fall a couple hundred points and I would still be sitting on a nice profit, so I guess I shouldn't be so nervous.
then i would hold for several years. Chances are, if they continue to churn a profit/stock price goes up, they will at some point possibly do a split. so then you get 200 shares, it drops down to $500/share and the rise starts all over again!

But a 400%~ gain is really nice. What a fantastic investment!
 

bclemms

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So after taking a shelling yesterday in Gold I decided to just hold the Carnival stock as a hedge. Figures the one stock I hold would have a ship in Japan quarantined with at least 10 positive cases of coronavirus pushing global headlines hours after the stock rallies. I mean, 11 cases confirmed in the USA and you can't even find a mask so it's not lot people are lining up to book a cruise but now you wont be able to give a cruise away. That stock is about to get destroyed.

It's up 4% in premarket trading, leading what looks to be another really strong open for US markets.
 

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