The Official Stock Market Thread - Page 123

NeedChapmans · 02-02-2022, 05:38 PM

Quote:

Originally Posted by NCtheBBcradle

Oh, META.... down 45 afterhours

I see 70 now! WOW.

These swings are wild.

monkeymcgee · 02-02-2022, 05:41 PM

I know indexes have been getting shade the last 6 months or so, but this seems like a great example of why that's the smart play versus trying to pick winners when the stakes are this high to the downside.

finfangfan · 02-02-2022, 05:41 PM

I actually might buy 4 shares of FB tomorrow.

k13 · 02-02-2022, 05:45 PM

Quote:

Originally Posted by Cheken

some names?

Canadian banks.

monkeymcgee · 02-02-2022, 05:47 PM

Quote:

Originally Posted by finfangfan

I actually might buy 4 shares of FB tomorrow.

Might want to do the 3 day thing for the price targets to hit and get through the FUD choppiness.

jcardstore · 02-02-2022, 05:49 PM

Quote:

Originally Posted by Cheken

some names?

well not all fit into this bucket but here are some names I’ve bought recently (last few months)

BLDR
JPM
EXPE
PLD
HON
EW
ABBV
WM

I’m probably forgetting some

finfangfan · 02-02-2022, 06:15 PM

With FB it looks like they are hinging their future on the metaverse taking off. Even changing the company name to Meta. The metaverse is not something I would see my self enjoying personally, but what is everyone else’s take? Will it take off with younger generations?

nman84 · 02-02-2022, 06:21 PM

Quote:

Originally Posted by finfangfan

With FB it looks like they are hinging their future on the metaverse taking off. Even changing the company name to Meta. The metaverse is not something I would see my self enjoying personally, but what is everyone else’s take? Will it take off with younger generations?

Logan Paul says yes

JMarchand1981 · 02-02-2022, 07:21 PM

Quote:

Originally Posted by jcardstore

well not all fit into this bucket but here are some names I’ve bought recently (last few months)

BLDR
JPM
EXPE
PLD
HON
EW
ABBV
WM

I’m probably forgetting some

I won't comment on them all, but EW is a winner.

ISRG is the king in the robotic medical device space, but EW isn't far behind. It got absolutely crushed in January.

I also like JPM but that stock has been beyond the ceiling of what I would pay for it for a few years, anyway. Any time it dips, the whole market is dipping so there is always something else I want to own more.

JMarchand1981 · 02-02-2022, 07:25 PM

Quote:

Originally Posted by jcmel323

paypal got hit hardddd

Oh they deserved it. Just pompous a-holes. Ever since they said they were going to buy PINS, they have been slaughtered. That non-linear acquisition really showed the spread between what the market sees Paypal as and what Paypal sees Paypal as.

At $65B, I could see SQ being purchased. That is a lot of cash though, so the deal would need to be...creative.

xbignick · 02-02-2022, 07:29 PM

Certain board member was telling me to grab some FB at ~$330, finally pulling the trigger at $249.

Sweet Baby Rays is indeed good BBQ sauce.

NeedChapmans · 02-02-2022, 07:41 PM

Quote:

Originally Posted by xbignick

Certain board member was telling me to grab some FB at ~$330, finally pulling the trigger at $249.

Sweet Baby Rays is indeed good BBQ sauce.

Told me the same thing! Averaging up w/ a another 40 shares tomorrow at $250.

Damn Geech.

Donkaylove · 02-02-2022, 08:15 PM

Quote:

Originally Posted by NeedChapmans

Told me the same thing! Averaging up w/ a another 40 shares tomorrow at $250.

Damn Geech.

jan 31 was a good test. it should lead to better/new resistance bases. 375 down today, and more room to fall. Charting current volume of my top 10 buys, and staying old school with a pencil and notebook.

jcardstore · 02-02-2022, 08:47 PM

Quote:

Originally Posted by JMarchand1981

I won't comment on them all, but EW is a winner.

ISRG is the king in the robotic medical device space, but EW isn't far behind. It got absolutely crushed in January.

I also like JPM but that stock has been beyond the ceiling of what I would pay for it for a few years, anyway. Any time it dips, the whole market is dipping so there is always something else I want to own more.

I bought JPM simply as a “safety valve” to weather the storm for the next couple / few months. I don’t love it long term but it was like 15% off for seemingly no reason. I’ll ride it on the way up and put it somewhere else.

GeechQuest · 02-03-2022, 08:04 AM

Quote:

Originally Posted by xbignick

Certain board member was telling me to grab some FB at ~$330, finally pulling the trigger at $249.

Sweet Baby Rays is indeed good BBQ sauce.

Quote:

Originally Posted by NeedChapmans

Told me the same thing! Averaging up w/ a another 40 shares tomorrow at $250.

Damn Geech.

Volatility be like that.

For the record, FB is a decade hold.

Analyst downgrades this morning and from current levels to new PTs it’s a bigger gainer. Wonder what kind of money is buying vs. what kind of money is selling?

Can we get a TikTok IPO to save the market???

JMarchand1981 · 02-03-2022, 08:15 AM

Quote:

Originally Posted by GeechQuest

Volatility be like that.

For the record, FB is a decade hold.

Analyst downgrades this morning and from current levels to new PTs it’s a bigger gainer. Wonder what kind of money is buying vs. what kind of money is selling?

Can we get a TikTok IPO to save the market???

Market doesn’t need saving. My group is up 3.5% YTD. It’s been a tough churn but this past month has provided an opportunity to generate a square portfolio.

A lot of stock picking is a decent forecast of the market based on reality (November and December provided a bunch of canaries in the coal mine) and then a pivot towards where you see the market giving you money.

At the end of the day, the market isn’t broken and even if it were tik tok wouldn’t be what fixes it.

GeechQuest · 02-03-2022, 08:27 AM

Quote:

Originally Posted by JMarchand1981

Market doesn’t need saving. My group is up 3.5% YTD. It’s been a tough churn but this past month has provided an opportunity to generate a square portfolio.

A lot of stock picking is a decent forecast of the market based on reality (November and December provided a bunch of canaries in the coal mine) and then a pivot towards where you see the market giving you money.

At the end of the day, the market isn’t broken and even if it were tik tok wouldn’t be what fixes it.

‘Twas a joke….

I’ve reiterated buying SPY/VTI (or whatever) throughout the year. There will be no market collapse nor a recession.

Too much money abound.

But for real, if you wanted to play the social space wait for TikTok to IPO.

Long: FB/TikTok
Short: Snap, Pins, Bumble, Twitter, Truth Social

k13 · 02-03-2022, 09:06 AM

Quote:

Originally Posted by GeechQuest

Volatility be like that.

For the record, FB is a decade hold.

Analyst downgrades this morning and from current levels to new PTs it’s a bigger gainer. Wonder what kind of money is buying vs. what kind of money is selling?

Can we get a TikTok IPO to save the market???

94% insiders selling the last 3 months.
6% buying.

Not including today's sell off.

GeechQuest · 02-03-2022, 09:17 AM

Quote:

Originally Posted by k13

94% insiders selling the last 3 months.
6% buying.

Not including today's sell off.

Google is similar and hit an ATH this week in PM...

Sundar sold yesterday. LP sold seemingly everyday in January...

Oh no....

k13 · 02-03-2022, 09:26 AM

Quote:

Originally Posted by GeechQuest

Google is similar and hit an ATH this week in PM...

Sundar sold yesterday. LP sold seemingly everyday in January...

Oh no....

Is FB going to hit an ATH this week....lol

Google is the same price as September...

GeechQuest · 02-03-2022, 09:31 AM

Quote:

Originally Posted by k13

Is FB going to hit an ATH this week....lol

Google is the same price as September...

No, but it will yield greater long term returns than it was going to do a week ago...

Just pointing out your insider sales are 1 part of a 1,000 pronged story and not really indicative of anything...

NeedChapmans · 02-03-2022, 09:36 AM

In for another 40 FB shares @$240. Couldn't resist.

k13 · 02-03-2022, 09:47 AM

Quote:

Originally Posted by GeechQuest

No, but it will yield greater long term returns than it was going to do a week ago...

Just pointing out your insider sales are 1 part of a 1,000 pronged story and not really indicative of anything...

Most of these tech stock are just going to go back to pre covid prices.
Nasdaq has not moved at all since July.

jcardstore · 02-03-2022, 09:49 AM

Quote:

Originally Posted by GeechQuest

Google is similar and hit an ATH this week in PM...

Sundar sold yesterday. LP sold seemingly everyday in January...

Oh no....

It's almost as if executives have scheduled selling programs or something

GeechQuest · 02-03-2022, 10:08 AM

Quote:

Originally Posted by jcardstore

It's almost as if executives have scheduled selling programs or something

1095-B? Maybe? I've seen that secret code somewhere...

02-02-2022, 07:29 PM	#3061
xbignick Member Join Date: Jul 2010 Location: New Jersey Posts: 29,309 xxbignick	Certain board member was telling me to grab some FB at ~$330, finally pulling the trigger at $249. Sweet Baby Rays is indeed good BBQ sauce. __________________ @xxbignick on twitter Last edited by xbignick; 02-02-2022 at 07:38 PM.

02-03-2022, 09:36 AM	#3072
NeedChapmans Member Join Date: Aug 2012 Location: Connecticut Posts: 31,800 ProspectCincy NeedChapmans	In for another 40 FB shares @$240. Couldn't resist. __________________ It is my legal right to freely profit from the notoriety of people who are actively suffering and possibly even dying and for a few hundred dollars I will gladly seek to maximize those profits.

02-02-2022, 05:41 PM	#3052
monkeymcgee Member Join Date: Apr 2010 Location: VA Posts: 10,974	I know indexes have been getting shade the last 6 months or so, but this seems like a great example of why that's the smart play versus trying to pick winners when the stakes are this high to the downside.

02-02-2022, 05:41 PM	#3053
finfangfan Member Join Date: Oct 2013 Posts: 12,068	I actually might buy 4 shares of FB tomorrow.

02-02-2022, 06:15 PM	#3057
finfangfan Member Join Date: Oct 2013 Posts: 12,068	With FB it looks like they are hinging their future on the metaverse taking off. Even changing the company name to Meta. The metaverse is not something I would see my self enjoying personally, but what is everyone else’s take? Will it take off with younger generations?