SOAL - A traders thread

[Poser]

Hey, I need that stuff in case I ever make 3 new friends that really want to go hunting but dont have all their own gear.

I'm thinking more along the lines of "store of value"

 

[Ucsdryder]

I'm going to bow out of this thread for 2 reasons;

1) Buying stocks with minimum info is a really bad idea. [I post my reasoning on stocks I buy]
2) Most guys are afraid to pull the trigger anyway and its no wonder

I post my ideas and the stocks I buy...and more importantly my thesis/my reasoning on the WHY I think it's a good buy or one to consider which I think is critical.

I get the feeling some guys think the markets are akin to a casino. The more info on these companies the better.

I don't want to call anyone out- but an example on the other thread is a penny stock someone mentioned as a good buy. It's in a potentially promising sector but It loses money every quarter, heck for its existence with no end in sight. I don't think the tech has that much promise and the history of these kinds of bets is a 1 in 20 chance of them panning out.

I'm not going to be part of a Roll the dice with penny stocks and have someone lose money because of my speculation.

EDIT- I don't want to sound like a dick, Do what you want with your $$$. I do know some that have profited greatly on these penny stocks...but they either got a very good tip, read-inside info- or they did a lot of homework and even then most of them are a bad bet.

I’m curious why you think this investment strategy won’t work in the SOAL thread? Why does it have to be black or red 50/50? Who recommended rolling the dice on a penny stock?

I think anybody that recommends a stock should back it with the WHY.

 

[Wheels]

Is Bernie Madoff posing as Ucsdryder?

 

[dirtytough]

My thoughts are, a 50% gain in a year’s time is good. But $500 won’t change my life at all. I don’t think it’s worth the time if not shooting for the moon.

 

[wind gypsy]

I dont understand the proposal here?

 

[BBob]

I dont understand the proposal here?

Group investment in a stock, reap massive profits, donate some of the profits to a charity. Seems simple eh???

Roksliders can pretty much agree on things right?

 

[wind gypsy]

Group investment in a stock, reap massive profits, donate some of the profits to a charity. Seems simple eh???

Roksliders can pretty much agree on things right?

What’s the benefit of doing it as a group?

 

[BBob]

What’s the benefit of doing it as a group?

No real idea…..Mby just for fun?

All for one, one for all!

 

[Poser]

What’s the benefit of doing it as a group?

If there ever was ever a better set up for a "your mom" joke, I'm not aware of its existence.

 

[Maverick1]

I’m curious why you think this investment strategy won’t work in the SOAL thread? Why does it have to be black or red 50/50? Who recommended rolling the dice on a penny stock?

I think anybody that recommends a stock should back it with the WHY.

VTI. Or VTSAX. Take your pick.

Here is the why.

Don’t expect many to vote for either one, though!!!!

 

[Fowl Play]

I’m in, but want to see some solid reasoning behind the pick, not just a “feeling”…

I’ll recommend Echostar (SATS). I mentioned this in the main thread and it’s already paid off handsomely. This is an interesting pick, the main play is the fact that they have essentially become a holding company for SpaceX stock — with over 50% of the companies value being SpaceX options they own. Their core business is not doing well, they missed earnings recently and are down, but the near term news of. SpaceX IPO could push this stock though the roof if it becomes a reality. As it will be one of the best ways to capitalize on pre-IPO SpaceX stock. That will likely be the hottest IPO in a generation. I think this is a 6-12 month play, likely to double your money. So not a moonshot, but a solid buy. (I’ve already bought some regardless if others do)

 

[Beendare]

I’m curious why you think this investment strategy won’t work in the SOAL thread? Why does it have to be black or red 50/50? Who recommended rolling the dice on a penny stock?

I think anybody that recommends a stock should back it with the WHY.

It falls under the;

If I have to explain it to you…..

Don’t let me spoil it for you….i should listen to my wife and stop giving advice, heck I’m getting as bad as those Progressive commercials