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05-28-2020, 11:42 AM | #5026 |
I'll be back.
Join Date: Nov 2002
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Did you dump MARK yet, Iowanian?
The bubble is about to burst. |
Posts: 286,545
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05-28-2020, 12:21 PM | #5027 |
I'll be back.
Join Date: Nov 2002
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OOF.
That MARK dump was savage. |
Posts: 286,545
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05-28-2020, 03:27 PM | #5028 |
Veteran
Join Date: Jan 2017
Location: Orlando, FL
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Posts: 3,231
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05-28-2020, 03:29 PM | #5029 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I got out on COST today at $308.50 this morning. Market had weird feeling and rumors to not great earnings.
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Posts: 46,093
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05-28-2020, 03:30 PM | #5030 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Posts: 46,093
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05-28-2020, 03:47 PM | #5031 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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I don't know if I've mentioned this stock before, but even before the pandemic stuff I had a stock that was doing really well for me called SLP. It's a tiny company that develops software to do simulations of drug absorption and other molecular stuff. It's growing, profitable, and even pays a small dividend. For some reason it made a huge jump today, though I don't see any news. I'm not proposing it as a speculative thing, but I've had it a couple of years or more and it seems like a good long term hold if you're okay with microcaps.
Last edited by Rain Man; 05-28-2020 at 05:34 PM.. |
Posts: 142,751
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05-28-2020, 04:36 PM | #5032 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
Actually the more I look at the chart the more bullish I get on COST. Has a nice up trend line |
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Posts: 129,512
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05-28-2020, 04:45 PM | #5033 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
Currently showing $304 aftermarket. |
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Posts: 46,093
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05-28-2020, 04:51 PM | #5034 |
MVP
Join Date: Sep 2004
Location: San Diego, CA
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I own a bunch of VMW, up 10% after-hours (post-ER). Good Q1 report, especially amidst COVID. Hopefully, it continues to run - this stock has been depressed for quite a while now, which hasn't made any sense to me. Should be a $200 stock.
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Posts: 5,165
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05-28-2020, 04:51 PM | #5035 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
I hate earnings announcements especially before or after the close. It's rigged bullshit. Looks like they came in about .06 under estimates. |
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Posts: 129,512
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05-28-2020, 05:47 PM | #5036 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
Buying back in tomorrow on dip. |
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Posts: 46,093
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05-28-2020, 06:19 PM | #5037 |
Fish are scared of me
Join Date: Nov 2001
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Thought I'd share my productive day today.
So I bought a property 5 years ago for $118,000. Bank financed 80%. seller financed 20%. I rented the property out on a Lease/option 5 year contract. This means at the end of 5 years the tenant has the option to buy the property on the agreed price which was $148,000. During this 5 years the tenant is responsible for all maintenance and repairs so basically all I had to do was acquire the property ,clean it up and rent it out. I spent less than $1000 initially on a few things to get it ready. Over the contract I gave the tenant $300/month credit toward the purchase price. They executed the contract a few months early so the credit ended up being $16,800. They had not so good credit initially but used the 5 years to get it cleaned up. Around 700 score now. So for some stupid reason the bank demanded a 20% down payment from them which was bullshit and left them short. Anyway to make a long story a little shorter, I financed $12,300 of their down payment as a second mortgage at 7% interest over 5 years with an annual payment of $3121 due every May 28th. I got a check for $43,000 and some change and never put a dime into the property other than the initial cleanup. Less than $1k. Real Estate has always been good to me. I really need to just pull my money from any stocks and just put it all there. I have a property I bought 12 years ago for $40K as a bank repo also. I did the 5 year with another family for the price of $84k. They remodeled the house, installed new CH&A ,roof , got divorced and left the property. I went in and replaced the windows, garage doors and painted .Did a new 2 year contract due to execute for 120K next May . That property is already paid off so capital gains are my only worry then. **** stocks! |
Posts: 40,808
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05-28-2020, 06:40 PM | #5038 | |
MVP
Join Date: Jan 2012
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Quote:
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Posts: 6,165
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05-28-2020, 09:25 PM | #5039 | |
Fish are scared of me
Join Date: Nov 2001
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Quote:
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Posts: 40,808
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05-28-2020, 09:41 PM | #5040 | |
In Search of a Life
Join Date: Aug 2005
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Quote:
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Posts: 43,200
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