The Rokslide Stock Traders Thread

[joel_sledz]

Multiple people have asked this question and I apologize in advance. But I’m fairly new to the market and am confused with the TSNP change. I understand they changed names and reverse split. But on my Ameritrade dashboard, it shows the ticker symbol as numbers and my earnings - (negative) the money I bought in with. Will the app change this eventually or is this something I need to do manually?
Thank you

 

[BBob]

Well an encouraging day. Lets see if we can get 2-3 more like it.

 

[HuntInWild88]

Multiple people have asked this question and I apologize in advance. But I’m fairly new to the market and am confused with the TSNP change. I understand they changed names and reverse split. But on my Ameritrade dashboard, it shows the ticker symbol as numbers and my earnings - (negative) the money I bought in with. Will the app change this eventually or is this something I need to do manually?
Thank you

I called them today. They have not received what ever it is they need in order to show the swap..most other"larger" brokers have already swapped so they are hoping it will be sometime this week.
I'm in the same boat as you..luckily I'm in for long haul.

 

[dpat]

I'm just glad TSNP has gone up in value and not dropping seeing how I can't do anything with my shares on TD Ameritrade

 

[AZ8]

Multiple people have asked this question and I apologize in advance. But I’m fairly new to the market and am confused with the TSNP change. I understand they changed names and reverse split. But on my Ameritrade dashboard, it shows the ticker symbol as numbers and my earnings - (negative) the money I bought in with. Will the app change this eventually or is this something I need to do manually?
Thank you

In reading all the finance boards, it appears Ameritrade is the last of the big boys to convert. My Vanguard switched Friday evening. Hang in there.

If you’re holding long, don’t worry. It’s up 56% since the split!

 

[jlh42581]

Fidelity switched the day it happened.

I sure didnt make any massive gains today but after the burns I took last week I started to rethink how aggressive I have become. Only made 7% today but I am still recovering from last week.

 

[Sierra Hunter]

Market metrics aren’t all adding up as a whole but fvvr has been a big winner for me. Everything else I’m getting out of as they’ve either bounced back or are over-valued

 

[jlh42581]

Market metrics aren’t all adding up as a whole but fvvr has been a big winner for me. Everything else I’m getting out of as they’ve either bounced back or are over-valued

GTE is riding the line of a death cross on the SMA in my opinion which would cause it to go even lower rather than higher.

Lots of stuff I took a min to look at today was HIGH in the bolinger band. Bull trap if you ask me, part of why I am treading light

 

[HuntInWild88]

I just looked and I had bought GRPN at .75 a share almost a year ago..unfortunately I didn't hold it for long...I should have...

 

[Broomd]

GTE is riding the line of a death cross on the SMA in my opinion which would cause it to go even lower rather than higher.

Lots of stuff I took a min to look at today was HIGH in the bolinger band. Bull trap if you ask me, part of why I am treading light

I could be wrong, but in three months these penny oil prices will likely never be seen again, ever. Ancient history. Could be three weeks....

 

[jlh42581]

I could be wrong, but in three months these penny oil prices will likely never be seen again, ever. Ancient history. Could be three weeks....

Youre more than likely correct because everything is gonna open, people are gonna go non stop and everything needs oil.

 

[KsRancher]

I could be wrong, but in three months these penny oil prices will likely never be seen again, ever. Ancient history. Could be three weeks....

As in going up over $1, or going broke?

 

[jlh42581]

As in going up over $1, or going broke?

Fuel prices are rising though the stocks all time high was $3.69 and it has a fair value of .75 right now. Im not sure this is the one to get rich but nothing makes sense.

 

[Buffinnut]

Yeah gte is killing me lol. Getting real tired of averaging down for it to dip more

 

[Okhotnik]

Sold some stock and got pretty big into PAA at 8.52 the other day ( looking at this for past month) and more TOPS 2.25 on dip.Added to WLL on dip. I'll sell if hit 20 to 25 per cent. Picked up more PayPal at 265. Ran out of cash last Friday otherwise pick up more. Market still makes me nervous and ready to get out quick I hope.

 

[switchback7]

might as well buy some more abml lol

 

[kipper09]

Yeah gte is killing me lol. Getting real tired of averaging down for it to dip more

I keep doing the same thing and it just keeps falling haha


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[Crowmangler]

For the dividend guys out there...also an energy play... check out MMP.. Pays a 10% annual dividend ... not gonna be a casino stock but should be stable at least
here's part of an article from a couple weeks ago:

Magellan Midstream Partners (MMP) is in a category of its own. It has by far the best capital-allocation record in the industry — a higher return on capital and the least (almost no) share issuance. MMP focuses on transmitting refined products (gasoline, diesel, jet fuel). It has little competition in its pipeline routes and is often a sole supplier. The beauty of the pipeline business, if it is run properly, is that it is mainly a fee-for-service business where the supplier often guarantees minimum revenues.

One concern we had with MMP was electric cars: They don’t run on gasoline. We did a lot of modeling and realized that it will take a long time before gasoline goes away. Even if sales of electric cars increase, which we think they will, the number of gasoline cars on the roads will remain stubbornly high for a long time. Electric semi-trucks are a decade behind electric cars, and airplanes are behind semi-trucks. Also, as demand for gasoline declines, pipelines will be able to raise prices (like cigarette companies are doing today).

As of this writing MMP is a $41 stock or so. It is earning about $4 today and should earn about $5.50 in 2024. It pays about $4 a share of dividends. As things come back to post-pandemic normal and its free cash flows grow, the company will either buy back stock or increase its dividend. Over the next four years we will collect at least $16 of dividends.

MMP should be trading at least at 15x earnings or $75. It was in the low $60s at the beginning of 2020 (and the 2017 high was $80). We’d argue that high, sustainable, growing dividend payments are more valuable in a near-zero (during and post pandemic) interest rate environment. Combine this with dividends, and MMP is worth around $91 to us. The stock finished trading on Feb. 19 at $41.49.

 

[Crowmangler]

Big fan of RKT long term ...went public last August, picked up a chunk end of Jan. Great company IMO. Recently announced a one time dividend of $1.11 for S.O.R on March 9. (which was a whopping 5.5% of the share price at the time.)
Currently getting traction with the WSB crowd because it's 40% short. Could get a nice short term sugar high just from that clown show. Up 20% + today

 

[Danny Hoey]

Went in on ATNX and KMPH today. Looking for bounce backs on both.