Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[scho63]

Originally Posted by Buehler445

SWKS Exec sold a shitload of shares recent. I don’t know why but he did.

https://www.google.com/amp/s/weekher...stock.html/amp

Originally Posted by Hog's Gone Fishin

Thanks, that is certainly a red flag

An Exec selling 2% of their shares for a timed sale is one thing, selling 82% of their holdings is another.

Make sure you can find out which they did and if any other top execs sold a big percentage of their holdings......

Selling a lot of shares doesn't scare me but a big percentage does.

[Hog's Gone Fishin]

Originally Posted by scho63

An Exec selling 2% of their shares for a timed sale is one thing, selling 82% of their holdings is another.

Make sure you can find out which they did and if any other top execs sold a big percentage of their holdings......

Selling a lot of shares doesn't scare me but a big percentage does.

Yep, thanks !

[WilliamTheIrish]

GE has been hit with a class action suit over Fukishima. $500 mil.

Those reactors were supposed to be built on a bluff 115' high. To save $ GE reduced the bluff to 85'.

And they are going to be 31 billion short on pension obligations.

[Hog's Gone Fishin]

Originally Posted by Hog's Gone Fishin

Looking at two stocks to buy this week:

IPGP and SWKS

Anybody see any reason not to ?

Ended up buying in to three stocks today:

MU
MRVL
IPGP

[scho63]

Originally Posted by WilliamTheIrish

GE has been hit with a class action suit over Fukishima. $500 mil.

Those reactors were supposed to be built on a bluff 115' high. To save $ GE reduced the bluff to 85'.

And they are going to be 31 billion short on pension obligations.

Thanks, I just saw that. This is not a good sign. It may mean they cut corners in a lot of other places.

[lewdog]

Originally Posted by scho63

Thanks, I just saw that. This is not a good sign. It may mean they cut corners in a lot of other places.

And I don't think all their bad decision have been fully aired yet either. I also think we start seeing another round of selloffs of GE stock in activity managed mutual funds. I personally don't think that's hit yet. It's why I think the stock price is going to go lower.

http://money.cnn.com/2017/11/20/inve...ong/index.html

After it bottoms, hopefully a few key changes and more structured growth in key areas can bolster GE back into the respectability of a well run company.

[scho63]

Originally Posted by lewdog

And I don't think all their bad decision have been fully aired yet either. I also think we start seeing another round of selloffs of GE stock in activity managed mutual funds. I personally don't think that's hit yet. It's why I think the stock price is going to go lower.

http://money.cnn.com/2017/11/20/inve...ong/index.html

After it bottoms, hopefully a few key changes and more structured growth in key areas can bolster GE back into the respectability of a well run company.

Did you ever pull the trigger on BABA?

[WilliamTheIrish]

Originally Posted by scho63

Thanks, I just saw that. This is not a good sign. It may mean they cut corners in a lot of other places.

scho,

GE has been a weird company for a long time. In my time with them, they routinely whacked the bottom 10%/15% of performers in whatever subsidiary to save $. Be it sales, or R/D, they just cut. Stressful AF.

Then when you were spared, you trained the guys who would (one day) replace you. I was fortunate that the division I was in was based in Utah. They pretty much left us alone.

However, my former boss took a position within the company at the home HQ. Shortly after transitioning, his boss (VP director type) got whacked. He knew the writing was on the wall that the entire division would be cratered.

But GE works so slowly that my friend stopped going into the office all together for 22 months. He would do some work from home and occasionally go in just to take pens, pencils, paper.

Sprint may be the only company that was actually run worse than GE.

[lewdog]

Originally Posted by scho63

Did you ever pull the trigger on BABA?

I did a small purchase on BABA, yes.

[WilliamTheIrish]

Originally Posted by lewdog

And I don't think all their bad decision have been fully aired yet either. I also think we start seeing another round of selloffs of GE stock in activity managed mutual funds. I personally don't think that's hit yet. It's why I think the stock price is going to go lower.

http://money.cnn.com/2017/11/20/inve...ong/index.html

After it bottoms, hopefully a few key changes and more structured growth in key areas can bolster GE back into the respectability of a well run company.

The issue I saw, from the inside, was that GE never developed their own stuff. They were masters at buying up small start ups with great ideas and then adding a GE touch to it. And sometime that ruined the actual product, or unnecessarily complicated a simple product.

[Hog's Gone Fishin]

NVR went up $40 today

[Hog's Gone Fishin]

Ownership has been buying back into (X) Us Steel

[scho63]

Originally Posted by lewdog

I did a small purchase on BABA, yes.

Good move. 3-5 years should be a huge winner

[Munson]

Thinking about buying a few thousand bucks worth of Game Stop (GME). Good decision or not?

[lewdog]

Originally Posted by Hog's Gone Fishin

Ownership has been buying back into (X) Us Steel

I am still riding this train. Only determination is for how long before I take it off the table and wait for another dip and buy again?

Good news though.

Originally Posted by scho63

Good move. 3-5 years should be a huge winner

Hopefully. It could prove to be a risky play at this price point as some say it's over-valued, but their asset numbers looks good, even with them dumping in money to expand the business (this isn't always good IMO).