Official Investing Thread

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

  1. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWE

    Market comes out hot. I sold off most of my “trading” shares yesterday in the green so can’t be mad (lol I’m mad).

    Wonder if this initial bounce is from the stimulus news, but then we see the sharks sell off later
     
  2. RavenNole

    RavenNole Well-Known Member
    Baltimore RavensTampa Bay LightningChelsea

    I just freed up some additional cash. I don’t think we are done testing the downside of this market. Too many people are underrating the impact of this virus.
     
  3. southside

    southside Well-Known Member
    Donor TMB OG

    This is different since its SB but eye opening chart. For any of you that are looking to buy small businesses like me there's going to be some fire sales soon.
    small business cash buffer.jpg
     
  4. texasraider

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

    this is good advice
     
    LSUTigers1986 and RockHardEnis39 like this.
  5. JeremyLambsFace

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

    They haven’t adjusted down dividends yet as far as I can tell. I’ll let you know how the appreciation on growth funds looks at the end of the month
     
    Baseballman86 and dahldennsull like this.
  6. JeremyLambsFace

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

    What kind of SB are you looking to buy?
     
  7. pacey

    pacey Well-Known Member
    Donor

    so want to buy DXD right now. I have ridden BP the past 4 days and itching to get off that rocket ship
     
  8. JeremyLambsFace

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

    Thinking tomorrow has to be a pretty big sell off day
     
  9. texasraider

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

    bought some walmart today
     
  10. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpool

    I’d be careful on real estate right now. No liquidity in the capital markets, particularly on equity side, all fund raising has stopped which is sidelining some key market participants, all of this has happened in between March 1 rent and April 1 rent so no testing yet of what stress is coming to CMBS market etc through mortgage defaults, I heard this morning that Wework is having its final prayers said to it before BK, they occupy 2-4% of most major office markets which will create huge holes, retail and hotel are up in flames, industrial will come out strong but even there all demand is on hold. REITs are going to have to worry about rebalancing and hostile takeovers in the near future, I think the dust is 60 days away minimum from settling enough for people to even have enough visibility to guess what is going to happen.
     
  11. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosAston Villa

    So mad wework wasn’t able to ipo

    would’ve been the short of a lifetime
     
  12. Paddy Murphy

    Paddy Murphy Well-Known Member
    Atlanta BravesCarolina PanthersWofford TerriersUnited States Men's National Soccer TeamLiverpool

    Adam Neumann probably cums when he thinks about the trap door he was able to fall through.
     
  13. Gallant Knight

    Donor
    Arkansas RazorbacksHouston AstrosAston Villa

    He is going to get sued into Bolivian
     
  14. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    me too and some Boeing.
     
  15. The Hebrew Husker

    Donor
    Nebraska CornhuskersSeattle MarinersColorado AvalanceWWE

    Damn, guess I sold a tad early.
     
    Stagger Lee likes this.
  16. JeremyLambsFace

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

    $4.05 now

    I wish I had GK money to throw around or I would be closing on a much nicer house today
     
  17. Imurhuckleberry

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

    Is Boeing still a buy?
     
  18. Det. Frank Bullitt

    Det. Frank Bullitt God Bless Texas
    Donor TMB OG
    Texas LonghornsManchester United

    I'm staying away. I don't have a positive outlook on their <5 year horizon.
     
    g8r likes this.
  19. texasraider

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

    F956F62E-CC7E-449F-881B-BEFFC77CB909.jpeg

    This guy wearing his sunglasses on CNBC is triggering me
     
  20. g8r

    g8r Well-Known Member
    Donor
    Florida GatorsBoston Red Sox

    has gone up a bunch since this morning. I figure any company deemed to big to fail is a good long term investment

    disclaimer - I don’t do this for a living and do dumb things from time to time.
     
    #14070 g8r, Mar 26, 2020
    Last edited: Mar 26, 2020
  21. Lyrtch

    Lyrtch My second favorite meat is hamburger
    Staff Donor

    its epstein in a very small disguise
     
  22. Fusiontegra

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

    Norwegian has fucked me for 2 days now. Had a very small window to sell with minimal loss this AM and missed it.

    Hoping for the same tomorrow.

    Gas prices evidently outweigh people not being able to actually take cruises. Who knew.
     
    gordon bombay likes this.
  23. southside

    southside Well-Known Member
    Donor TMB OG

    I've bought into four over the last year. They're all online based, looking to build a portfolio of a dozen or so, then start a fund for other investors. They range from a whiteboard animation studio that has contracts with fortune 100 companies to an education platform for a specific niche in the art industry. They're risky individually which is why you need to diversify heavily, but the multiples are ridiculously cheap (2.5-4x) and steadily rising. The asset class holds to the~ 30% returns. My holdings' average multiple is 3.3x and they returned 22% last year.
     
  24. Baseballman86

    Baseballman86 Well-Known Member

    Feels like the market wants to get all the way back to previous highs just to crash again. Some of these gains are insane
     
  25. Baseballman86

    Baseballman86 Well-Known Member

    I’m HODL all the way on some of these puts, just out of pure spite for the irrational market behavior.

    Cheesecake Factory just said the aren’t paying bills this month and the market responded by opening down then immediately regaining 12% in 2 hrs.
     
  26. Louis Holth

    Louis Holth David LaChapelle levels of not giving a fuck
    Donor
    South Carolina GamecocksAtlanta BravesCharlotte HornetsCarolina PanthersTottenham Hotspur

    No need to get upset when cheesecake factory seized the means
     
    Baseballman86 likes this.
  27. dukebuckeye

    dukebuckeye P.G.I.T
    Donor TMB OG
    Ohio State BuckeyesCleveland BrownsColumbus Blue JacketsCleveland CavaliersCleveland Indians

    Three straight days of 10%+ growth (so far). Has to be a fall out soon.
     
  28. colonelrascals

    colonelrascals Mayonnaise-colored Benz, I push miracle whips
    Donor
    Texas Tech Red RaidersHouston AstrosHouston RocketsTennisTottenham HotspurTexas Tech Red Raiders alt

    [​IMG]
     
  29. Stagger Lee

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

    Can't decide how I want to trade this. Dumped a couple of stocks, but most of the ones I'm holding I like long-term. Might lighten my position some and hope to buy back in on another dip. Specifically:

    I think I'm going to dump my AMD if it breaks $48, with the hope of buying back in if the inverse head and shoulders materializes

    Sell some AAL if it gets above $17.20. That's where my first buy in was (average price at $12.20), and I want to avoid a wash loss, even a small one.

    Sell JNJ before $127 and NKE before $89. I think there may be some short-term resistance at those levels

    I think I'm going to go ahead and sell DIS now. Bought in at $77. $107 seems like an unreasonable price under the circumstances.
     
    #14079 Stagger Lee, Mar 26, 2020
    Last edited: Mar 26, 2020
    HuskerInMiami and Baseballman86 like this.
  30. Jesse Palmer

    Jesse Palmer Hair Product & Roses
    Donor

    Tuesday::angrycorn:
    Wednesday::angrycorn:
    Thursday::blowup:
     
    pacey and dukebuckeye like this.
  31. pacey

    pacey Well-Known Member
    Donor

    Are we setting up for a Friday fallout? I cant really see all these gains staying over 2 days of unknown news. If it goes up tomorrow do we load up on inverse ETFs?
     
    mal630 likes this.
  32. dblplay1212

    dblplay1212 Well-Known Member
    Donor TMB OG
    Alabama Crimson TideNew York YankeesJacksonville JaguarsTiger WoodsSouth Alabama Jaguars2pacSneakersWu-tang

    On the real estate side, I'll add what I can. We have offered an equity program for a while. Credit be damned, if you have enough equity, you can do it. Rates are brutal but it is what it is. It's the only way they have to access that money. We don't do a ton of them (3% of our business), but they are normally bigger loans. Guy has a $1.5m house, owes $400k, got a divorce and owes wife $400k, stuff like that. They have to access the money to solve their issue, their credit sucks, so they go sub prime. Most are capped at 65-70% LTV. Conventional and FHA go to 80%. These go lower to give the investor more protection. Anyways, that market completely went away last week. No investor will buy them. We completely suspended those programs. We normally make 3% on mortgage backed securities. Before they were suspended, we were making 86 cents on the dollar. Nobody wanted them. We were basically told that the investor will normally do them bc the house is $1m and they are only giving out $700k so they are protected. They don't feel the house will be worth $1m in the near future so it makes them uneasy about giving that money to someone with shitty credit.

    Kinda has me spooked bc I'm under contract on a new build. I actually have a call today with my builder to discuss plans if the market goes sideways and it doesn't appraise for the contract price.
     
    HuskerInMiami likes this.
  33. Stagger Lee

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

    Maybe I should held on to DIS a little longer
     
    Baseballman86 likes this.
  34. JeremyLambsFace

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

    Sold my CCL calls up 50% on the day

    Thinking about a SPXS call
     
    #14084 JeremyLambsFace, Mar 26, 2020
    Last edited: Mar 26, 2020
  35. pacey

    pacey Well-Known Member
    Donor

    Sold May 15th DIS puts yesterday and bought them back earlier today for a 20% profit
     
  36. Struggler

    Struggler Well-Known Member
    Donor
    Ohio State BuckeyesCincinnati RedsCincinnati Bengals

    In. Here’s to hoping the mouse catches the Corona.
     
    gordon bombay and Jesse Palmer like this.
  37. texasraider

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

    bought some 3/30 $250 SPY puts
     
    #14087 texasraider, Mar 26, 2020
    Last edited: Mar 26, 2020
  38. JeremyLambsFace

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

    Bought an SPXS $21 call for 4/17 at $2.00, hoping for a big red day tomorrow and I’ll sell that before the weekend
     
    texasraider and Fusiontegra like this.
  39. Fusiontegra

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

    I'll take that ride with ya.

    Edit: Bought mine at 2.25 tho
     
    #14089 Fusiontegra, Mar 26, 2020
    Last edited: Mar 26, 2020
    texasraider likes this.
  40. Stagger Lee

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

    What's the strategy on going short on index etfs verses long on inverse index etfs?

    I am looking at some SPXS.
     
  41. mal630

    mal630 Well-Known Member
    Donor
    Tiger Woods

    Interested as well
     
  42. mal630

    mal630 Well-Known Member
    Donor
    Tiger Woods

    Me and my girlfriend both bank at PNC, she got this check ready loan before this shit started that was good for a month or so. She needs a car and is about ready to buy one. She got a fairly shitty rate like 5-5.5% and her credit score wasn't great but still in the low 700s. Do you think it is worth it for her to go back to bank and try again, are the rates lowering during this? Looking at a 20-25k newish car and putting about half down in cash FYI.
     
  43. southside

    southside Well-Known Member
    Donor TMB OG

    A lot of the inverse ETFs are 2/3x
     
  44. southside

    southside Well-Known Member
    Donor TMB OG

    Worst they can tell you is no. Also don't buy a new car
     
    Houndster and mal630 like this.
  45. Stagger Lee

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

    But so are a lot of bullish etfs. I'm just looking at a way to get leverage on a downside tomorrow without having to pay the option price volatility premium
     
  46. southside

    southside Well-Known Member
    Donor TMB OG

    I mean if you don't have margin enabled account you couldn't short the ETFs so you would only be able to go long. Otherwise I'm not sure there's a difference if you're not going the option route
     
    Stagger Lee likes this.
  47. Stagger Lee

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

    I don't know what the fuck is going on.
     
    #14097 Stagger Lee, Mar 26, 2020
    Last edited: Mar 26, 2020
    Sportfan likes this.
  48. The Blackfish

    The Blackfish The Fish in Black
    Staff Donor TMB OG
    Alabama Crimson TideIndianapolis Colts

    SIAP: In addition to filing your taxes, they extended the window to contribute to a 2019 IRA to June 15th. I know there have been a few people asking about contributing to an IRA. Make sure you max out last year and this year.
     
  49. Fusiontegra

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

    Maybe tomorrow!
     
    Baseballman86 and Jesse Palmer like this.
  50. billdozer

    billdozer Well-Known Member
    Donor
    Clemson TigersCarolina Panthers

    The DOW just hit a bull market. Today's close is up 21.3% from Monday's close. S&P still a couple % away.