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11-24-2020, 01:15 PM | #6286 |
MVP
Join Date: Jan 2012
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Posts: 6,154
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11-24-2020, 01:17 PM | #6287 | |
He's Mahomie!
Join Date: Aug 2001
Location: Jax, FL
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Posts: 17,387
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11-24-2020, 09:28 PM | #6288 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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If you own Pfizer stock, you just received shares of "another" company. VTRS. Shares hit my account today.
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Posts: 46,066
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11-24-2020, 09:42 PM | #6289 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,774
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11-24-2020, 11:04 PM | #6290 |
Veteran
Join Date: Jan 2003
Location: Home in KC
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Pltr
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Posts: 4,217
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11-25-2020, 07:44 AM | #6291 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I'm starting to realize PE ratio is pretty damn worthless. There's too many good growth companies who's PE ratio looks terrible but with continued growth will "grow" into a better PE number. I think the key on some of these fast running stocks is to know when to get out, using stop loss orders to lock in gains rather than just being stubborn and holding long term.
There's still plenty of risk involved, but so it buying a low PE stock thinking it's undervalued, when in fact it's simply growing poorly and is now stagnant. |
Posts: 46,066
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11-25-2020, 07:59 AM | #6292 |
Veteran
Join Date: Aug 2004
Location: Indiana
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New to the thread. Need to start keeping up with it. I got in on AMD back when it was like $5 a share. Cashed that out to help furnish new house. Got back in a year ago with AMD.
It’s the only individual stock I own. Rest are either mutual funds or ETFs, like JETS |
Posts: 1,803
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11-25-2020, 08:41 AM | #6293 |
I'll be back.
Join Date: Nov 2002
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we need another strongside play
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Posts: 285,915
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11-25-2020, 09:05 AM | #6294 |
Veteran
Join Date: Jan 2007
Location: Missoura
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I have begun investing in some stocks although most of my investment is in an S&P ETF that has performed very well (+30%) since I bought it in March. I'm looking to possibly buy some individual stocks. Any ideas for books and/or podcasts regarding investing to read/listen to?
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Posts: 4,524
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11-25-2020, 10:06 AM | #6295 | |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,774
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11-25-2020, 01:24 PM | #6296 | ||
Supporter
Join Date: Apr 2007
Location: Scott City KS
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But without real revenue the risk goes through the roof. I mean Nikola was just a month ago. Quote:
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Posts: 57,699
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11-25-2020, 02:29 PM | #6297 | |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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My personal recommendation for people just venturing into individual stocks is to keep the bulk of your funds in broad funds of some sort and then set aside some "play money" to invest into individual stocks. The amount should be high enough to give you some chance of big returns but low enough that losing a chunk of it won't interfere with your retirement plans. |
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Posts: 52,328
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11-25-2020, 02:58 PM | #6298 |
Mahomes or GTFO
Join Date: Feb 2012
Location: KC
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I don't have anything sure fire right now, unfortunately. IDEX did me well the last couple weeks but I've been holding bags on it for a while, and I fear it's too late to crash that party. I'm getting out before EOD today.
I did buy some IPDN a bit ago. Chart looks pretty primed for a pop - could near $2 shortly (currently sitting at 1.34). Might be a nice little quick hitter over the weekend. I am currently trying to decide on whether or not I'm buying any options on the broader market to hold over the weekend. Tough to say, but the market has typically jumped well on the Monday following a long weekend this year. Might be a good time for some AMD / SPY calls. EDIT: Ended up not doing anything on the options front. |
Posts: 13,231
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11-25-2020, 03:31 PM | #6299 |
Fish are scared of me
Join Date: Nov 2001
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Bought 100 shares of NBAC this morning and it went up over 80%. Got lucky for once.
Edit, I only got 46 % of that run up. But still. |
Posts: 40,774
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11-25-2020, 05:13 PM | #6300 |
Banned
Join Date: Feb 2018
Location: LGBTQIA2+
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Posts: 12,065
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