Money Investing megathread extravaganza - Page 160

**DaFace** · 06:35 PM

A place to talk about investing stuff.

Hammock Parties · 10-27-2018, 01:26 PM

I'm not even that worried about US markets.

Still holding that ****ing IQ stock and waiting for china to un**** itself.

That company is doing SO WELL and in three days they release Q3 earnings. GIMME BACK MY MONEY!

**lewdog** · 10-27-2018, 01:27 PM

Quote:

Originally Posted by Hammock Parties

I'm not even that worried about US markets.

Still holding that ****ing IQ stock and waiting for china to un**** itself.

Tariffs bud. Likely to get worse.

**Buehler445** · 10-27-2018, 09:48 PM

Quote:

Originally Posted by Discuss Thrower

How do you guys engage in futures / forwards deals?

Lots of different options out there.

As far as I go, I typically try hedge up front (sell contracts on the board) up to my MPCI (Multi Peril Crop Insurance) guarantees. I'll push that if it's fairly close to harvest and I'm confident I have a better crop out there. The elevators will convert them to forward contracts if the basis is favorable prior to harvest. Typically, I chicken out and sign basis contracts if that is the case. A lot of times if you don't grow it (hail or whatever), it's easier to get out of a basis contract than a forward one where you have to eat shit on the whole thing.

Other options are Hedge to Arrive a the elevator. That is essentially the elevator selling the contract for you. You set the basis at a later date in which it is a forward contract.

You can also buy puts. That will keep you from making margin calls but I'm too cheap to buy the time value, which always eats your ass. Every time I've the market went against the physical and bought puts, they've yielded around half of what it would have been if I'd sold contracts. If market goes up, sure there wouldn't have margin calls, but the premium is unrecoverable. Every time I buy puts instead of selling contracts, I'm pissed off about it.

I try to keep most things on the board because I'm chickenshit. However this year, I'd have gotten my shit wrecked on wheat. I zeroed out A LOT of acres with hail and would have had to pay a lot if I hadn't kept it on the board.

I've also on occasion sold the physical grain and bought it back on the board to stop storage and essentially retain ownership. That's technically not a hedge, but there is feasibly little chance you'd get caught by the IRS. (speculative losses are limited to 3,000. Hedging losses are not limited)

Like I said, there are a heck of a lot of ways to do it, but that's largely what I do.

**Buehler445** · 10-27-2018, 09:53 PM

Quote:

Originally Posted by lewdog

Tariffs bud. Likely to get worse.

I thought it was a Netflix-type company? Tariffs wouldn't affect that.

I would think it would be just getting washed out in the **** for all that the tariffs are causing if it had a basis in fundementals.

Unless I'm missing something.

**Buehler445** · 10-27-2018, 10:44 PM

Quote:

Originally Posted by lewdog

Tariffs bud. Likely to get worse.

I laughed hard at your rep.

**lewdog** · 10-28-2018, 10:16 AM

Don't put this on me Buehler. I absolutely told Clay this was a risky move.

Posts from June moving forward.

Quote:

Originally Posted by Hammock Parties

Want to turn 19 grand into 25 grand in 9 months.

Any good stocks?

Quote:

Originally Posted by Munson

Hop on the IQ train.

https://finance.yahoo.com/quote/IQ?.tsrc=applewf

Quote:

Originally Posted by Hammock Parties

Tempting...

Quote:

Originally Posted by Hammock Parties

OK. I'm going to buy 420+ shares of IQ. I'm going to do a limit order, though.

What do you think I should set as the share price? I'm guessing it dips a little before it goes back up.

Quote:

Originally Posted by lewdog

This isn’t risky at all.

Quote:

Originally Posted by Hammock Parties

9 months

yeah i'm not known for being risky

Quote:

Originally Posted by lewdog

Right now, in this market, all you're going to get is risk if you're trying to obtain such a gain in such a short time.

It is your money though. I've seen dumber moves.

Quote:

Originally Posted by Hog's Gone Fishin

31% is easily obtainable with IQ

Unless it goes down.

Quote:

Originally Posted by lewdog

Quote:

Originally Posted by Hammock Parties

the deal is done

Quote:

Originally Posted by lewdog

No it's not. It's after hours. You can cancel that order...........

or you can let it ride!!!!!!!!!!!!!

Quote:

Originally Posted by Hammock Parties

Got it at 4150 this morning !

Quote:

Originally Posted by Hammock Parties

Looks like it’s holding just south of 40.

I’m sure it’s going to go back up so not a terrible buy.

Quote:

Originally Posted by lewdog

Right, because a stock has never tanked and remained low or never bounces back....ever.....

Quote:

Originally Posted by Hammock Parties

Jesus Christ. Well, I managed to lose $1500 today. Thanks Hog!

Quote:

Originally Posted by Hammock Parties

IQ took another ****ing dump today.

JFC

Quote:

Originally Posted by lewdog

Yea none of us here said that was a super risky move.

**Buehler445** · 10-28-2018, 11:50 AM

LOL. Fair enough. Looks like it was Munson and HF.

Unless it goes down.

.

That was an enjoyable read.

**Rain Man** · 10-30-2018, 02:49 PM

My faith in General Electric is not being rewarded. You'd think that a company run by Thomas Edison would be able to innovate better.

Hammock Parties · 10-30-2018, 03:02 PM

Quote:

Originally Posted by lewdog

Don't put this on me Buehler. I absolutely told Clay this was a risky move.

Posts from June moving forward.

So guys...how can I turn 11 grand into 25 grand in six months

**Rain Man** · 10-30-2018, 03:07 PM

Quote:

Originally Posted by Hammock Parties

So guys...how can I turn 11 grand into 25 grand in six months

I expect General Electric to make a rebound any day now.

blake5676 · 10-30-2018, 03:52 PM

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?

I'm usually not an impulse buyer. Almost all of my retirement is strictly in vanguard target date funds. But I remember last year reading this thread about US Steel after it dropped by 50% and almost pulling the trigger. And then kicking myself over the next 6 months when it went back up to the mid-40's after being around 20 at that time. I guess the moral of the story is there's a yin for every yang and more often than not it's better to just look for the solid long play than the easy quick buck.

Hammock Parties · 10-30-2018, 03:58 PM

Quote:

Originally Posted by blake5676

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes!

thanks asshole, i was trying to avoid looking at my account

**lewdog** · 10-30-2018, 05:24 PM

Quote:

Originally Posted by Hammock Parties

So guys...how can I turn 11 grand into 25 grand in six months

Hog's Gone Fishin · 10-30-2018, 05:35 PM

Quote:

Originally Posted by Rain Man

I expect General Electric to make a rebound any day now.

I just bought some on the dip.

ChiliConCarnage · 10-30-2018, 05:54 PM

Quote:

Originally Posted by blake5676

Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started?

The Chinese market as a whole has dropped quite a lot. IQ had 89% paid subscriber growth. That's good they just lost more than was projected. It's not even all that cheap at 5.5x revenue for a Chinese company that's losing money. That number will come down some tomorrow. It is interesting as it seems their content is popular

Netflix had a crazy first mover advantage in that all of their should be competitors didn't move at all. They didn't want to lose their lucrative cable model. IQ has a ton of competition and a nation not used to paying crazy cable prices.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $96899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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10-27-2018, 01:26 PM	#2386
Hammock Parties I'll be back. Join Date: Nov 2002 Casino cash: $2780478	I'm not even that worried about US markets. Still holding that **ing IQ stock and waiting for china to un** itself. That company is doing SO WELL and in three days they release Q3 earnings. GIMME BACK MY MONEY! __________________ Chiefs game films
Posts: 288,657

10-28-2018, 11:50 AM	#2392
Buehler445 Supporter Join Date: Apr 2007 Location: Scott City KS Casino cash: $384734	LOL. Fair enough. Looks like it was Munson and HF. Unless it goes down. . That was an enjoyable read.
Posts: 58,174

10-30-2018, 02:49 PM	#2393
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $1388491 VARSITY	My faith in General Electric is not being rewarded. You'd think that a company run by Thomas Edison would be able to innovate better. __________________ Active fan of the greatest team in NFL history.
Posts: 143,170	1 0

10-30-2018, 03:52 PM	#2396
blake5676 Veteran Join Date: Oct 2013 Casino cash: $930323	Saw IQ down 13% to $19.28 in after hours trading as a result of 3Q reporting. Yikes! There was a few times reading this thread I felt I was getting sucked in on the allure of the "Chinese Netflix" and the early gains after its IPO date. And here we're what...7 months later and it's fallen almost all the way back down to where it started? I'm usually not an impulse buyer. Almost all of my retirement is strictly in vanguard target date funds. But I remember last year reading this thread about US Steel after it dropped by 50% and almost pulling the trigger. And then kicking myself over the next 6 months when it went back up to the mid-40's after being around 20 at that time. I guess the moral of the story is there's a yin for every yang and more often than not it's better to just look for the solid long play than the easy quick buck.
Posts: 1,235