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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 05-23-2019, 06:37 AM   #2896
Hammock Parties Hammock Parties is offline
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Originally Posted by lewdog View Post
IQ set to open around $18 today.

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Old 05-23-2019, 07:24 AM   #2897
lewdog lewdog is offline
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I put a decent chunk on BMY a month ago. Down a bit but hoping recent merger causes a spike. Lots of support around $45 so I don’t see it going down much and it’s off previous 52 week high a decent amount.
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Old 05-23-2019, 11:22 AM   #2898
ChiliConCarnage ChiliConCarnage is offline
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An IHS Markit “flash” survey of U.S. manufacturers fell to a nine-and-a-half year low of 50.6 this month from 52.6 in April. Manufacturing conditions have been soft for months.
Service oriented production dropped from 52.7 to 50.8 too. The labor market still seems to be holding up strong at least.
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Old 05-23-2019, 08:29 PM   #2899
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Originally Posted by lewdog View Post
I put a decent chunk on BMY a month ago. Down a bit but hoping recent merger causes a spike. Lots of support around $45 so I don’t see it going down much and it’s off previous 52 week high a decent amount.
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Originally Posted by ChiliConCarnage View Post
Service oriented production dropped from 52.7 to 50.8 too. The labor market still seems to be holding up strong at least.
Like, I understand each word and kinda maybe the overall idea of that, but I honestly have no idea what that means or how it will help me.

I don't really like to think about money that much though, so I don't monitor my investments. Shit just keeps rising slowly .. works for me.
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Old 05-30-2019, 09:35 PM   #2900
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I absolutely SUCK at buying individual stocks. Part of the issue is that it’s been easier for me to understand and to bet on my own business vs someone else’s. Maybe when I fully retire, I’ll be more focused and capable of immersing myself into this world. Until then, I’ll live vicariously through this thread and you guys
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I dabble in it, but mostly do low-fee index funds. The problem with individual stocks is that you not only have to know when to buy, you have to know when to sell. **** up either end of that equation, and you're not going to come out well.

And, frankly, I don't have the time to research and monitor all that stuff on an ongoing basis.
All my retirement is in mutual funds and index funds. 401k and Roth IRA.

My brokerage account has a mixture of long positions, short positions and options. It's roughly 25% of our total investments. I enjoy dabbling in it really, learning and reading about markets and technical analysis. I have been pretty busy this year though so I've been trading quite a bit less this year, while last year I had about 60 trades for the year.
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Old 05-30-2019, 10:53 PM   #2901
ghak99 ghak99 is offline
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Wow, BYND got up over 100 today.

Guess I didn't have the vision to see the third set or the balls to bet the come.
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Old 05-31-2019, 12:55 PM   #2902
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Wow, BYND got up over 100 today.

Guess I didn't have the vision to see the third set or the balls to bet the come.
My wife works for a plant-based food company. This is going to grow immensely. Shortly after the IPO she moved about 15% of our Apple stock to BYND without telling me. God bless her!
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Old 05-31-2019, 05:37 PM   #2903
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My wife works for a plant-based food company. This is going to grow immensely. Shortly after the IPO she moved about 15% of our Apple stock to BYND without telling me. God bless her!
The beef industry feeds me, and always will, but I'm not against raking in small wins from their excitement.
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Old 05-31-2019, 06:44 PM   #2904
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The beef industry feeds me, and always will, but I'm not against raking in small wins from their excitement.
Back in the 90s dad was talking to a neighbor and I remember him saying, “if we’d spend $50/acre on Monsanto stock instead of buying Roundup we might make some money”

LOL.

Not sure why I remember that but I do.
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Old 06-03-2019, 04:30 PM   #2905
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A couple of years ago, I bought a little stock in Dupont.

They then promptly merged with Dow Chemical to form Dow Dupont.

Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont.

Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva.

I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere.
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Old 06-03-2019, 05:06 PM   #2906
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Originally Posted by Rain Man View Post
A couple of years ago, I bought a little stock in Dupont.

They then promptly merged with Dow Chemical to form Dow Dupont.

Then they split Dow Dupont into two stocks, one being something like Dow and the other Dow Dupont.

Then they did reverse splits on both stocks and one of them got split into a different Dow stock and something called Corteva.

I'm really getting annoyed at this. It's messing up my documentation big time, and I'm starting to think that this is all a trick and at some point I'll end up with some worthless stock that's absorbing all of the losses for the CEO's shell company that's hidden somewhere.

Is this the trick they pulled on you?



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Old 06-03-2019, 05:07 PM   #2907
Rain Man Rain Man is offline
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Is this the trick they pulled on you?




I think so. They kept telling me to pick a stock and I swore I had the right one, but it never had the profit hidden underneath.
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Old 06-03-2019, 05:08 PM   #2908
ChiliConCarnage ChiliConCarnage is offline
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I think it's done now, Rain, as they've split into 3 companies which was the plan.

I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks
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Old 06-03-2019, 05:12 PM   #2909
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I think it's done now, Rain, as they've split into 3 companies which was the plan.

I was feeling pretty good because I avoided any direct hits from the Mexico news that ended last week. Got nailed today though with the whole tech regulation news. The S&P held up pretty well for such a bad day for the 4 largest market cap stocks
Yeah, I got bit by FANGs pretty hard today, too.
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Old 06-06-2019, 03:27 PM   #2910
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Okay maybe I was wrong about BYND. At 116 now. Shot up $17 after close on their first earnings report. Wow
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