Official Investing Thread

Discussion in 'The Mainboard' started by Joe Louis, Jul 12, 2010.

  1. southside

    southside Well-Known Member
    Donor TMB OG

    I'm going back to puts once we hit 270ish in SPY
     
  2. momux

    momux AFAM Scholar
    Donor
    North Carolina TarheelsCarolina PanthersChelsea

    I'm not a tax expert but I think that's right.
     
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  3. gordon bombay

    gordon bombay magician's alliance enthusiast
    Georgia Tech Yellow JacketsAtlanta BravesAtlanta HawksAtlanta Falcons

    unemployment claims is what gets reported tomorrow.
     
  4. Baseballman86

    Baseballman86 Well-Known Member

    I’m taking nibbles on some long positions here and there, but still playing with some short options still in the near term.
     
  5. Houndster

    Houndster $25 Standard Unit
    Staff Donor

    Yes it’s based on the market value on the date of conversion
     
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  6. JeremyLambsFace

    JeremyLambsFace For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Long time listener, first time caller.

    I bought a $27.50 strike 1/15/21 CCL call yesterday for $2 and they're trading around $2.80 now.

    Should I get out while the getting is good and look at some shorter term puts or keep on holding?
     
  7. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    I guess it's had enough of being up big today.
     
  8. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Yeah, lots of stuff falling off the cliff just before closing. Lost my ass all day on weekly Puts so I'd appreciate if that continues tomorrow AM
     
  9. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    Yeah, I bought into SPXS throughout the day. I'm now positive for the day after being down 12%.
     
    Baseballman86 likes this.
  10. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWE

    LOL it was up like 25% today.
     
  11. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsSeattle Sounders

    Went hot & heavy on these this past week, feel free to point out where you think I went wrong.

    ALK @$26.65
    SYY @$35.55
    VIAC @$11.12
    DAL @$21.56
    OXY @$9.67
    USFD @$11.85
    PCG @$8.83
    EMR @$38.43
    HON @$111.50
    WY @$13.32
    WFC @$26.87
     
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  12. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsSeattle Sounders

    I think it'll jump eight to ten bucks and I'll bail again. You oil & gas guys sure do hate that company.
     
  13. tjosu

    tjosu This is kind of like the breakfast club, huh?
    Donor
    Oklahoma State CowboysHouston AstrosHouston TexansTiger Woods

    Those 30% salary reductions across the board tho :chrispaulnoooo:
     
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  14. Imurhuckleberry

    Imurhuckleberry Avid spectator of windmill warriors
    Donor
    Florida GatorsSan Francisco GiantsGolden State WarriorsSan Francisco 49'ers

    The man has bought you a house and is building your ventilator.
     
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  15. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsTottenham HotspurDallas Mavericks altTexas Tech Red Raiders alt

    Unless you were a legacy APC employee. They only got 5%
     
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  16. texasraider

    texasraider thanks
    Donor
    Texas RangersKansas City ChiefsTottenham HotspurDallas Mavericks altTexas Tech Red Raiders alt

    It was a shit company before their CEO destroyed it and then it was extra shit. Then Russia and Saudi. Then covid.
     
  17. Doc Louis

    Doc Louis Well-Known Member
    Donor

    It’s no ORIG

    Also wouldn't have touched Wells Fargo
     
    Long Ball Larry likes this.
  18. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsSeattle Sounders

    ...then recovery. then profit. it's gonna happen, I can feel it!
     
  19. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsSeattle Sounders

    Never heard of it.
     
  20. burnttatertot

    burnttatertot (๏̯๏)
    Donor
    Washington State CougarsSeattle MarinersHartford WhalersSeattle SupersonicsSeattle Sounders

    Oooohhhhh... it's no more, huh?
     
  21. JeremyLambsFace

    JeremyLambsFace For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

    Lechnerd made a bragging post about his big investments in ORIG and how he was going to get rich

    Company promptly went out of business
     
  22. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    It’s not often we get to watch a situation go south from beginning to end. The thread was a gem.
     
  23. Doc Louis

    Doc Louis Well-Known Member
    Donor

    The stock did show up very weirdly in stock screeners if you ran the settings wrong like I did
     
  24. LSUTigers1986

    LSUTigers1986 Well-Known Member
    Donor
    LSU TigersWashington NationalsWashington Redskins

    I work in oil & gas finance and those offshore drillers typically do screen well due to cash flow from long-term contracts until a downturn hits. Basically the E&Ps say, “remember that contract we signed with you.... LOL, force majuere.” Some just used Covid this past week to break contracts.

    But since I work in O&G finance, I’m also 50/50 if I’ll have a job a month from today.
     
  25. RockHardEnis39

    RockHardEnis39 StEvIS_iN_cBuS/LandlordBob stalks me
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpool

    If you want an o&g play look for something primarily natural gas. Anything that is heavy in the Permian oil is at the mercy of Russia/Saudi/covid and I don't think it gets better any time soon. Russia is too proud to come running back to the table this quickly.

    With Permian shutting down the massive amounts of associated gas coming out of there has been going away. Natural gas prices are expected to climb over the next two years.

    Disclaimer: not an expert, just an essential worker
     
  26. Baseballman86

    Baseballman86 Well-Known Member

    Cheesecake Factory has apparently decided they “aren’t paying rent” at any locations in April due to CV. Interested to see how the market reacts to that news. Down 18% in premarket.
     
  27. JeremyLambsFace

    JeremyLambsFace For bookings contact Morgan at 702-374-3735
    Donor
    South Carolina GamecocksAtlanta BravesDallas CowboysNational LeagueAvengersBarAndGrill

  28. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
    Donor TMB OG
    West Virginia MountaineersPhoenix SunsDallas CowboysNational LeaguePittsburgh Pirates

    Unemployment numbers just released

    3.2 million
     
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  29. Baseballman86

    Baseballman86 Well-Known Member

    CEO just kinda said “nope”

    I know personal finance and business finance are too drastically different things, but it’s still surprising to me how many businesses are just completely screwed after basically 2 weeks of income disruption.
     
  30. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
    Donor TMB OG
    West Virginia MountaineersPhoenix SunsDallas CowboysNational LeaguePittsburgh Pirates

    Great recession initially was at 700k filing for unemployment
     
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  31. Baseballman86

    Baseballman86 Well-Known Member

    That’s just the NEW claims???
     
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  32. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
    Donor TMB OG
    West Virginia MountaineersPhoenix SunsDallas CowboysNational LeaguePittsburgh Pirates

    Yes...for the week ending 3/21
     
  33. Baseballman86

    Baseballman86 Well-Known Member

    Well today may finally be the day to get out of some puts in the green
     
  34. Sportfan

    Sportfan From Six to Dumptime

    Sure, but nothing makes sense and I imagine this is priced in to being 30% off highs.
     
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  35. killerwvu

    killerwvu Restoring WVU's E-Rep 1 Post At A Time
    Donor TMB OG
    West Virginia MountaineersPhoenix SunsDallas CowboysNational LeaguePittsburgh Pirates

    Those numbers don't even reflect states like Ohio that just went on lockdown

    Ohio, IL, NJ, DC, NE all off the top of my head went into lockdown since 3/[email protected]
     
  36. RockHardEnis39

    RockHardEnis39 StEvIS_iN_cBuS/LandlordBob stalks me
    Donor
    Penn State Nittany LionsSan Francisco GiantsPhiladelphia 76'ersPhiladelphia FlyersLiverpool

    holy shit
     
  37. Gotch Yarbrough

    Gotch Yarbrough Canada eh?
    Donor

    To an extent, sure, but 3.2 mil is almost twice the consensus estimate. Hard to believe that was fully priced in.
     
  38. southside

    southside Well-Known Member
    Donor TMB OG

    The range of projections was 1-4M
     
  39. Gotch Yarbrough

    Gotch Yarbrough Canada eh?
    Donor

    I am aware. I never said NOBODY priced it in.
     
    southside and Stagger Lee like this.
  40. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    And yet...we're still on the rise.
     
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  41. Baseballman86

    Baseballman86 Well-Known Member

    Futures all down, no?
     
  42. Baseballman86

    Baseballman86 Well-Known Member

    Anybody here investing with Fundrise or any of the real estate deals like that? Have those returns changed over the last month or two?
     
  43. beist

    beist Hyperbolist
    Donor

    400 point improvement on news that 1% of the country's population just lost their job. sure sure i know what i'm doing here.
     
  44. Fusiontegra

    Fusiontegra My life is dope and I do dope shit.#SparedByThanos
    Donor TMB OG
    Florida GatorsMiami MarlinsJacksonville JaguarsAvengersMiami HeatWu-tang

    Yeah, I've basically resigned myself to losing my ass on the positions I bought yesterday. What a mess.
     
    beist likes this.
  45. BP

    BP Bout to Regulate.
    Donor
    Atlanta BravesGeorgia BulldogsAtlanta Falcons

    Samsies. Seems I never stop learning valuable lessons when it comes to stocks.
     
    Fusiontegra likes this.
  46. RavenNole

    RavenNole Well-Known Member
    Baltimore RavensTampa Bay LightningChelsea

    depends when you look. Been choppy. I’ve seen it down, up, flat and down the last 4 times I checked
     
  47. Stagger Lee

    Stagger Lee Crazy. Sexy. Cool.
    Staff Donor TMB OG
    Georgia BulldogsTexas RangersCharlotte HornetsCarolina PanthersGrateful DeadWu-tang

    It's going to be volatile today. I may get out of some of my long positions today.
     
  48. Baseballman86

    Baseballman86 Well-Known Member

    Lol annnd already you another 2.5%. Sheesh