OT: Stock trading | Page 6 | The Boneyard

OT: Stock trading

Joined
Nov 27, 2015
Messages
437
Reaction Score
2,157
Chainlink, solving the oracle problem while verifying real-world data into the execution of smart contracts.
 
Joined
Sep 22, 2011
Messages
2,643
Reaction Score
13,981
I partly agree about the P/E model. It’s a good safe rule but you can miss out on a ton of high flyers that trade at considerably high multiples, and those have been the stocks that have made some huge gains in this market. Do you avoid every stock that has a negative multiple? I’ve done really well on DocuSign, which isn’t profitable yet but is a fantastic stock. All depends on an investor’s time horizon,
The problem with the P/E model under 10
is you are missing the entire tech sector. Where can you get explosive growth from?
 
Joined
Aug 27, 2011
Messages
2,838
Reaction Score
8,344
I’d love to start a list of everybody’s stock top performer this year and one top pick moving forward. Also, does anyone own Twilio? Almost bought it today and it fully rebounded, it’s on fire.
 
Joined
Sep 22, 2011
Messages
2,643
Reaction Score
13,981
“Revenues to liabilities“ is a new one on me.......

lol. isn’t that debt To income?

also, you metric has to depend on the industry. REITs are really good but you want to know the leverage ration.

EBITDA is also a good measure.
 
Joined
Aug 24, 2011
Messages
4,319
Reaction Score
11,265
lol. isn’t that debt To income?

also, you metric has to depend on the industry. REITs are really good but you want to know the leverage ration.

EBITDA is also a good measure.

I see......
 
Joined
Aug 27, 2011
Messages
3,554
Reaction Score
8,235
Nice, which ones are you looking at? Do you invest in Crypto itself or just the companies?
There are companies and there are the currencies. I have some of both. I like chain link as well lots of smart people in that company. Another favorite company is Theta- founded by the guy that created YouTube.
 
Last edited:
Joined
Feb 7, 2012
Messages
5,799
Reaction Score
26,342
I have considered dumping my Berkshire Hathaway and getting into Google as well as increasing positions in Disney and JPM. I loaded up on Berkshire about a month ago because I thought Buffett would be buying a lot in this downturn, but instead he’s selling
This type of market and this type of economy doesn’t play in to Buffet’s strengths. Paradigms shift. Just because you were the best one time doesn’t make you the best forever. He sold out of airlines and banks. He would be doing a lot better if he had 6% of Amazon AAPL and msft. Instead he has owned IBM since 180ish. He has missed the boat on many opportunities in recent years.
I used to hold on to every word of some of these guys. Gundlach was a guy I had a ton of respect for. Now I don’t. He has gone of the deep end talking his book, tweeting non stop and fighting this tape. I still respect Buffett but most of these other guys have an agenda.
 
Joined
Nov 27, 2015
Messages
437
Reaction Score
2,157
Nice, which ones are you looking at? Do you invest in Crypto itself or just the companies?

Right now, chainlink is my top priority to continue to accumulate. The have some nice partnerships with Oracle and Google Cloud to name a few. Price has shot up from like 32cents per link from a couple years ago to around 4 bucks per link today.

I also hold bags of Ethereum.

Dont own really any bitcoin, as I purely see the function of bitcoin as a digit store of value, rather than an actual company.
 
Joined
Aug 27, 2011
Messages
3,554
Reaction Score
8,235
Right now, chainlink is my top priority to continue to accumulate. The have some nice partnerships with Oracle and Google Cloud to name a few. Price has shot up from like 32cents per link from a couple years ago to around 4 bucks per link today.

I also hold bags of Ethereum.

Dont own really any bitcoin, as I purely see the function of bitcoin as a digit store of value, rather than an actual company.
I’d like to have bags of ethereum-only have about 50.
As far as companies- I think Theta may be one of those long term sleepers- pick it up for .15 could go above $10 down the road.
Own several bitcoins but most of my holdings are in alt coins. I like the currencies as well- just as a hedge on governments making bad choices or printing too much money moving forward. I think the currencies will be looked at as a safe haven ( as crazy as that sounds) in 4-5 years.
 
Joined
Mar 19, 2015
Messages
2,985
Reaction Score
9,300
This type of market and this type of economy doesn’t play in to Buffet’s strengths. Paradigms shift. Just because you were the best one time doesn’t make you the best forever. He sold out of airlines and banks. He would be doing a lot better if he had 6% of Amazon AAPL and msft. Instead he has owned IBM since 180ish. He has missed the boat on many opportunities in recent years.
I used to hold on to every word of some of these guys. Gundlach was a guy I had a ton of respect for. Now I don’t. He has gone of the deep end talking his book, tweeting non stop and fighting this tape. I still respect Buffett but most of these other guys have an agenda.

I just sold actually. I looked at the Berkshire portfolio, and I hate it. Lot of analysts saying Buffett’s investment strategy is out of style. He’s made a lot of bad industry bets, and isn’t exposed to much tech. I bought GOOG and will be increasing positions in DIS and JPM.
 

the Q

Yowie Wowie. We’re gonna have so much fun here
Joined
Mar 28, 2017
Messages
7,023
Reaction Score
11,261
I just sold actually. I looked at the Berkshire portfolio, and I hate it. Lot of analysts saying Buffett’s investment strategy is out of style. He’s made a lot of bad industry bets, and isn’t exposed to much tech. I bought GOOG and will be increasing positions in DIS and JPM.

There’s nothing wrong with the style if you do it correctly. But he is human. And sometimes wild stuff happens that you don’t get to get control as an investor.
 
Joined
Sep 22, 2011
Messages
2,643
Reaction Score
13,981
Can someone here explain bitcoin to me How is it backed, and who uses it besides Russian hackers, terrorists and organized crime?

I am being serious on the criminal front. Seems that bitcoin is a terrific way to launder money and could have been the reason for its popularity. But that is just a fleeting bar-room theory.

Also, if you ever want to confuse someone just try and explain how a sell-side analyst gets paid at a brokerage. Lol.
 
Joined
Nov 27, 2015
Messages
437
Reaction Score
2,157
Can someone here explain bitcoin to me How is it backed, and who uses it besides Russian hackers, terrorists and organized crime?

I am being serious on the criminal front. Seems that bitcoin is a terrific way to launder money and could have been the reason for its popularity. But that is just a fleeting bar-room theory.

Also, if you ever want to confuse someone just try and explain how a sell-side analyst gets paid at a brokerage. Lol.

I'll do my best here.

In the past your analysis is pretty spot on. If you don't know, research the Silk Road and how Bitcoin was first used for all sorts of illegal things.

Bitcoin is backed by blockchain technology (like all other cryptocurrencies). There is also a fixed number of Bitcoin, so no more can ever be created. Every transaction made using bitcoin is logged onto a public ledger in blocks of transactions (after so many transactions occur, a new block is created to continue logging legit transactions) aka the blockchain. Bitcoin can be transferred from one wallet (assigned to a user that is encrypted with a bunch of numbers and symbols) to another. The creation of a wallet is logged onto the blockchain.

To make sure a transaction between one wallet to another is a true transaction (that one wallet actually has the amount they say they have and is valid), a bunch of miners (anonymous computers) will verify this by looking at the blockchain (public ledger) that these are legit wallets addresses, and also verify the wallet that is sending the bitcoin actually has that amount of bitcoin in the wallet. Once again, this is verified through the blockhain, as every wallet's purchase of bitcoin is logged into the blockchain. For performing this verification, the miners are rewareded with a small amount (a fraction) of Bitcoin, providing incentive for miners to continue verifying transactions. Thus, the blockchain creates a decentralized avenue of verifying transactions, vs. a bank (centralized). To further clarify, any person in the world can set their computer up to be a miner.

Today, you pretty much have to buy Bitcoin on an online exchange, so you have to create an account to do so, so not as shady (completely anonymous) like before. Bitcoin can also be used to buy other cryptocurrencies. I would say an advantage to cryptocurrency in general is that as long as you have internet access, anyone in the world can receive "digital currency" in a matter of seconds/minutes, and is almost impossible to hack.

Something like 8 or 9 years ago, you could buy Bitcoin for less than a dollar. A couple years ago one Bitcoin was worth $20,000. Currently, the price of one Bitcoin is floating around $9800.

Bitcoin essentially acts a store of value. Taking blockhain technology a step further, companies like Ethereum are baking in "smart contracts" into the blockchain. For example, you and me could agree to a smart contract based on a bet that we have. I bet that UConn will beat Syracuse by at least 50 points this year. You say that UConn will win, but by less than 50. If you and me wanted to wager this and not have to worry about when we would pay each other, we could write a smart contract into the Ethereum blockchain agreeing to this bet. Once the game finished, a company like Chainlink (that verifies real-world data and uploads this data into smart contract blockchains) would execute our agreed upon bet, and that money in the form of Ethereum (Ether) would automatically end up in one of our accounts within minutes. Take this concept of smart contracts and expand it to all aspects of life agreements (payroll, mortgage, insurance, etc...)
 
Last edited:
Joined
Jan 22, 2012
Messages
1,633
Reaction Score
3,875
We started discussing this in another thread so I decided to start a new thread. Would love to know what sectors and stocks people are in, with successes and if you want to share, bad trades or holds. My brief story below:

Traded a lot from 99-01 but volatility of Dot Com Market collapse forced me out with a decent profit. Fast forward19 years, I dove back in at the bottom in March. Had some success trading Comcast the first week, got caught in a bad trade with Citrix. Had an initial wishlist of NFLX, DOCU, Roku and Comcast. Didn’t pull the trigger quickly enough and watched most run away. Roku and Gartner I’ve been in and out of but just can’t seem to win on them. Two big winners have been DocuSign and Five Nine Inc (FIVN). I’m out now except for a small position in DocuSign, as I expect tech stocks to sell off soon and want to be ready to buy on dip.

Stocks Im looking at adding:
MSFT
AMZN
FB
ROKU
TWLO
FIVN
BX (Blackstone)
Tesla
OKTA
PENN
Walmart
CCL (Carnival)
IT (Gartner)
I’ve been buying and selling PENN on the ups and downs. Currently don’t own any but always on the radar. They need casinos and sports to open up ASAP. Holding Apple for life most likely. I like your list... I have visa and Lululemon in addition but need another drop first.
 

UConnSwag11

Storrs, CT The Mecca
Joined
Aug 26, 2011
Messages
14,161
Reaction Score
55,609
Can someone here explain bitcoin to me How is it backed, and who uses it besides Russian hackers, terrorists and organized crime?

I am being serious on the criminal front. Seems that bitcoin is a terrific way to launder money and could have been the reason for its popularity. But that is just a fleeting bar-room theory.

Also, if you ever want to confuse someone just try and explain how a sell-side analyst gets paid at a brokerage. Lol.
The US dollar is by the far the most used currency for illicit dealings

Bitcoin was a response to the 2008 financial crisis. People saw what the government, the Fed, and big banks had done to the US Dollar and the economy. The goal is to have a finite amount that cannot be “printed” endlessly like fiat.

I’ll go more into details about Bitcoin later when I’m off of work, but this Doc.is pretty good IMO

 
Last edited:
Joined
Aug 26, 2011
Messages
1,507
Reaction Score
4,973
I think the old adage buy low and sell high is kinda dead. I work in finance, but trade my own accounts pretty actively (ok, way too actively) and for the past 5-7 years I’ve just bought momentum names and they largely continue working. The mistakes I made/make are in emotional decisions to sell to raise cash in market gyrations and not take gains quickly enough in a fading tape, this is #1. I have gotten shaken out of FB so many f in times to count, usually On regulation/bad news.

I have clients all he time wanting to buy airlines and oil names for years and years and maybe they will work this time since down so much, but I showed a client yesterday since late 2018, right into that quickie bear market of 2018 and through now a tech/software etf is up 26% with two crashes basically picking worst possible timing), while a steady eddy dividend etf is down -9%.

I used to hesitate on tech companies I didn’t know enough about,but stocks breaking out to new highs most often go higher. It’s taken me a long time to get there. This is so important.

additionally, I love to buy core holdings on dips, Apple, Amzn, amd - these stocks will always pull back from time to time and i always wish I bought more on those dips. they’re still “high” on those dips vs value plays but that works almost every time.

to reiterate I make so many mistakes, but don’t sit out after them. I’m sure when I sold fb $50 lower a few mos back, I put that $ somewhere quickly and did ok. That helps the psyche a lot - at least my fragile one! Good luck!
 

UConnSwag11

Storrs, CT The Mecca
Joined
Aug 26, 2011
Messages
14,161
Reaction Score
55,609
Yes, but only in companies that provide real-world value
I’d like to have bags of ethereum-only have about 50.
As far as companies- I think Theta may be one of those long term sleepers- pick it up for .15 could go above $10 down the road.
Own several bitcoins but most of my holdings are in alt coins. I like the currencies as well- just as a hedge on governments making bad choices or printing too much money moving forward. I think the currencies will be looked at as a safe haven ( as crazy as that sounds) in 4-5 years.
I don't have much BTC as I got in late and the price is way too high. I have Monero bc I think it's going to be the currency to have in the future as most people will go to it for complete privacy. I also have ETH, BAT and every once in awhile I'll go for some others. I also use DAI as a stablecoin. But my biggest bag is XRP (Ripple) as it's going to skyrocket. VISA is now going to be using the Ripple network, and it's not the first major company or bank to do so.

Ethereum might go higher when they release Version 2 this summer

I've invested in companies/banks that use Ripple and XRP - Moneygram, WU, BOA, etc just to see what will happen when this takes off

Visa Files Patent for Cryptocurrency System to Replace Cash | Bitco...
 

the Q

Yowie Wowie. We’re gonna have so much fun here
Joined
Mar 28, 2017
Messages
7,023
Reaction Score
11,261
Anyone use Zack’s premium grading service? It’s the one that fees reported about in a lot of financial publications with its 1 (strong buy) - 5 (strong sell) scale.
 

Online statistics

Members online
79
Guests online
1,317
Total visitors
1,396

Forum statistics

Threads
159,561
Messages
4,195,671
Members
10,066
Latest member
bardira


.
Top Bottom