The Rokslide Stock Traders Thread

[Trevor73402]

Maybe one day when I grow up I can be like you

Its always good to have a goal in mind. With hard work and solid determination, anything is possible for you.

 

[Okhotnik]

If it drops to .45 I'll be adding major shares, .... .think about it, 55-.60 is up 100% from less than a week ago at .26 and is a great new foothold while other oil poseurs folded down....win/win I suspect that In two years this stock will be worth 10-15 times what it's selling for now..

I hated GM back in '08 for taking the bailout, but have told my wife 100 times,'if we had put 10K in GM stock when it was almost 'junk' at $2.' That 10K would have hit $420K this Summer. It's all about patience and seizing opportunity.

Picked up more CDEV when it hit.51 today, GUSH, MRO at low, ( short term) Some ALK, MRK, HON, AXDX and OPGN at open. Might pick up more BA when it hits 125. Sold some INMD for a decent profit.

My big risk FELT, AXAS, OAS, USO are down today as expected

Might sell a bunch of OXY if it hits $14 today for some profits,

 

[Okhotnik]

What are you guys holding for long plays?

I’ve only really grabbed PSX, CDEV, CRWD, ABBV, and BA to this point. Thinking about grabbing some more BA with the drop today, and watching CDEV closely if to see if it’s time to bail. I still feel another kick to the teeth is coming for oil but if it drops, I’ll load up on PSX on the way down.


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Im looking at PSX too. I like MRK, HON, AMGN, UNG,PYPL. and some airlines for long term . But always looking

 

[Broomd]

I sold EPR and made bank.... that's the one stock I want to hold, but until it stabilizes it's a shorty aka kwan factory.
Actually got into AAL last week.... as American AIr gets close to its lows it seems like time to edge in.

 

[Bobbyboe]

Im in on DAL, CDEV (thank you, hopefully!), and VBR, all for the long game. I sold NCHL at 13 after I bought it at 9.??. For the more knowledgeable, with talks of slowly opening back up is it time do jump into airlines(DAL or AAL), cruise ships (NCHL) or entertainment (MGM)?

Id like to keep the powder dry, but would hate to miss the run if the experts are wrong and the bottom doesn't drop out. Or is a better long bet to stick with VBR or other ETF's while cost averaging through the next several months? Opinions?

 

[cooshunter]

I just started a 529 College Savings Account for my kid, invested in higher-risk mutual funds. We’ll see how it works out. I’m anticipating massive inflation and figure it’s a bad idea to have money sitting in a savings account.

 

[Okhotnik]

Bought more CLR during low too dropped below 12 and some FANG this morning

Lot of money to made on oil related stock speculation this morning again. Takes big ballz. lol

 

[EastMT]

Bought more CLR during low too dropped below 12 and some FANG this morning

It seems since CLR announced they were shutting down production and drilling the stock has done well. Probably cheaper rather than losing on every barrel for the time being. They said Bakken oil in SD is $14-15 below the reg price, SD oil at $1-$2 per barrel. This has been a steady gainer recently, I hope it keeps that up

 

[Okhotnik]

It seems since CLR announced they were shutting down production and drilling the stock has done well. Probably cheaper rather than losing on every barrel for the time being. They said Bakken oil in SD is $14-15 below the reg price, SD oil at $1-$2 per barrel. This has been a steady gainer recently, I hope it keeps that up

I try and pick up CLR when it drops below 11.70 now. A month I bought when dropped below 10. Its a risk no doubt but based on research they are one of the better smaller companies and they can last this drastic drop in oil prices. I still keep a sell all order in at 11.30. Thought it would be triggered triggered this morning. I might sell above 13.50. keep close watch

It still like going to casino

 

[EastMT]

KAR has been doing me good I picked up last week, as has SPHD. KGC GDX have done well in the last week, trying to decide if high priced gold is going to be anywhere near the forecasts or to cash out at decent return. If the economy shoots back gold will drop in my mind

 

[Johnboy]

Picked up more CDEV when it hit.51 today...

Well played. I got busy doing actual work and missed it this morning. I'll be watching for another chance to grab some more.

 

[Johnboy]

Here's a hypothetical for you fellers... Say you bought a stock a year ago, it tanked 50%, and you think it's likely that it'll lag behind stocks with higher rebound potential in the coming months. Would you cut your losses, cash it out and reinvest in something else, or would you let it ride? Asking for a friend.

 

[Okhotnik]

Here's a hypothetical for you fellers... Say you bought a stock a year ago, it tanked 50%, and you think it's likely that it'll lag behind stocks with higher rebound potential in the coming months. Would you cut your losses, cash it out and reinvest in something else, or would you let it ride? Asking for a friend.

Depends on viability of company and how prepared to whether the economy, their competition etc.

Always can sell a percentage and invest in something else if don't want to take too big of a loss. Guys on here know more than me. Maybe they'll chime in.

Im on west coast and checked oil futures,( way down) asian, Euro markets before I went to bed ( they were up a bit up) and got up at 430 to check the market in extended trading hours and all my oil stocks were way down. I was pretty worried. Tough not to panic and did sell a few of my smaller oil related stocks at small gains ( should have waited) before market opened on limit orders. I'll admit Im a over exposed on oil now and just trying to slowly sell and diversify in next week. Tough to do if continue to see big gains in oil but too risky if a big tank like last week.

 

[HuntHarder]

I dont mind cutting loses to make profits. Sometimes you swing and miss.

 

[Broomd]

Here's a hypothetical for you fellers... Say you bought a stock a year ago, it tanked 50%, and you think it's likely that it'll lag behind stocks with higher rebound potential in the coming months. Would you cut your losses, cash it out and reinvest in something else, or would you let it ride? Asking for a friend.

That depends on your investment capital situation.
I buy and almost never sell for a loss, but if I get stretched and need the kwan, hey gotta heve the funds to make the $. If you can afford to hold it, I would. But you don't want to be without ammo when it's needed most, you can likely make money elsewhere and easily cover that loss.
Might be the quicker way to recover.

 

[OXN939]

I think the Trump Admin and the Fed will pump everything to keep this market afloat for the election.

Definitely agreed on this. The big question, in my mind, is whether oil keeps climbing steadily for the next few weeks/ months or if this supply surplus causes another plunge... a lot of pretty knowledgeable investors seem to think the latter.

 

[EastMT]

Depends on viability of company and how prepared to whether the economy, their competition etc.

Always can sell a percentage and invest in something else if don't want to take too big of a loss. Guys on here know more than me. Maybe they'll chime in.

Im on west coast and checked oil futures,( way down) asian, Euro markets before I went to bed ( they were up a bit up) and got up at 430 to check the market in extended trading hours and all my oil stocks were way down. I was pretty worried. Tough not to panic and did sell a few of my smaller oil related stocks at small gains ( should have waited) before market opened on limit orders. I'll admit Im a over exposed on oil now and just trying to slowly sell and diversify in next week. Tough to do if continue to see big gains in oil but too risky if a big tank like last week.

that’s the tough part, if you buy equal parts oil, equal parts gold, you probably break even. I try to have 40-50 different stocks. I try to have oil( lite on these now), gas, tires(GT, TWI, CTB) will drop with car/machinery sales, gold (spdr mini, KL, Teck), tech, autos( have Porsche F GM), a couple REIT (risky now), FSUGY metals has made me a lot in the last 2 year, my beat in that time, consumer goods, Walmart, Amazon etc. Several others but can’t remember them all.

I try to find a few good discounts and not micromanage them, play with a few bucks here and there, maybe gamble on a penny stock but not much. Last week I was up 7% on my whole portfolio and that is stellar, I’m not trying for 1000%, I usually end up negative playing with those!

I’m in for the long game with 95%, play with a bit that won’t hurt to lose 50%. If you can average 1% per week, you would outpace the market by double most years, and that’s not happening often I don’t think, very few full time traders do that consistently.
I’m not much of a gambler, if I toss into a penny and it jumps 20-25%, I bail lol.

 

[Scott/IL]

How do you guys feel about NAT? Got on real quick this morning to pick up some more PSX before going turkey hunting, and ended up grabbing a little NAT as well. It went on a nice run. Wish I’d of grabbed some more CDEV too when it hit it’s dip this morning, but that stubborn longbeard was keeping me occupied.


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[HuntHarder]

Yeah, work has kept me from doing some quick flips the last week or so too. Looks like 90% of my positions are up pre market. Let's hope they hold, might have some time to day trade today

 

[Okhotnik]

Picked up ACDVF first thing on low. Thought a good price. See how it fares. Oil is down today but my larger companies are racing up again . Predict quick up and drop later today again. Who knows?

Watch for CDEV to drop down after big up and maybe pick up a few shares around .55 if it drops that low