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11-24-2017, 09:09 AM | #1426 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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Ownership has been buying back into (X) Us Steel
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11-24-2017, 10:18 AM | #1427 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $901110
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Good move. 3-5 years should be a huge winner
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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11-24-2017, 11:25 AM | #1428 |
Roy E.
Join Date: Sep 2005
Location: Olathe, KS
Casino cash: $10159646
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Thinking about buying a few thousand bucks worth of Game Stop (GME). Good decision or not?
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11-24-2017, 11:36 AM | #1429 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
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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. 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).
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11-24-2017, 11:38 AM | #1430 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Quote:
That's risky from what I can tell. I don't see investing much in Brick and Motor stores where many of these things they sell can be purchased so easily online. It's a dying type of business plan, IMO. Their model seems outdated. But some like it's current buy value as it's been hammered hard over 5 years. Does it's low value make it a good buy or a continuing sinking train? https://seekingalpha.com/article/412...-dying-company https://seekingalpha.com/article/412...toward-success
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11-24-2017, 12:38 PM | #1431 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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The RSI on Gamestop is at 25. Typically when the RSI gets below 30 it's in a buy range. That stock has been hammered but it might be at the bottom and a good time to buy. Avg price target I see is from 20-28 with an avg of $24. It's at 17.42 right now. For some reason interest expense doubled in 2017 and revenue went down. Lowest in 5 years. It's gone down every year since 2014. Not very liquid company and no growth.
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11-24-2017, 12:40 PM | #1432 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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Anybody got any thoughts on (TCEHY) ? Chinese company as big as Facebook and has Billions in Free cash Flow. Heavy into the gaming industry.
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Posts: 40,648
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11-24-2017, 05:18 PM | #1433 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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(ESIO) up 393% in 12 months,
124% 3 months 67% in 1 month |
Posts: 40,648
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11-24-2017, 06:49 PM | #1434 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $-61532
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Quote:
As far as games, it's fine. A lot via acquisition. Like Alibaba, they've been tossing money everywhere. Tesla, Snapchat, German flying cars, moon drones, bitauto. It's hard to keep track of |
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11-24-2017, 09:41 PM | #1435 | |
Supporter
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Location: Scott City KS
Casino cash: $444734
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Quote:
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11-25-2017, 02:22 PM | #1436 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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Quote:
The world's best-performing large-cap stock this year? It's not a FANG name, but rather Shenzhen-based Tencent Holdings (ticker: 0700.Hong Kong), which trades on the pink sheets in the U.S. ( TCEHY). With a market capitalization exceeding $529 billion, Tencent is now the globe's fifth-largest listed company, bigger than Facebook (FB), and closing in on No. 4 Amazon.com (AMZN). And its stock still looks good. Tencent is up 125% this year, 732% over the past five years, 4,323% over 10 years, and a split-adjusted 570-fold since its initial public offering in June 2004. A mere $1,764 investment on the day of its IPO would be worth $1 million today. "It is a stock that everybody loves," says Chelsey Tam, an Internet analyst for Morningstar in Hong Kong. And a gift that keeps on giving. For the past two years, analysts have kept raising their price target, yet no sooner do they hike it, than investors chase it to well above their most optimistic targets. Tam's current target is 492 Hong Kong dollars (US$62.99), or 18% upside after Friday's comeback by the Chinese markets, which had swooned by 3% on Thursday. How long can the world's most loved stock of the past decade keep surging? "As long as it can continue to deliver on earnings and widen its moat," Tam tells Barron's. She expects Tencent's revenue to grow 60% this year and 53% next year, up from 47% last year. And she sees earnings rising more than 50.4% this year and nearly 40% in 2018. And, unlike Chinese counterparts Alibaba (BABA) and Baidu (BIDU) or global peers Alphabet (GOOGL), Facebook, and Amazon, Tencent pays a small dividend. Think of Tencent as a sprawling tech conglomerate in the mold of Berkshire Hathaway (BRK.A), which is 15% smaller. Tencent is the world's largest interactive gaming company, with titles like League of Legends. It operates China's biggest social network. Tencent Music is China's dominant music-streaming player. Tencent Video looks like YouTube and Netflix (NFLX) rolled into one. And WeChat messenger's billion users make it a tad bigger than Facebook's WhatsApp. Tencent is also boosting its advertising business, taking share from Baidu. Bhavtosh Vajpayee of Sanford C. Bernstein in Hong Kong estimates that Tencent, which had $1.1 billion in ad revenue last year, will have $7 billion by 2019. The jewel in Tencent's crown is its growing financial-technology business, which includes the WeChat Pay payment system, wealth management products, and insurance and small-business lending operations. And, oh, it has a 5% stake in Tesla (TSLA), owns more than 12% of Snap (SNAP), and reportedly has considered buying a small piece of Twitter (TWTR). Tencent wants to use Snapchat's platform to expand its gaming business in the developed world, says Morningstar's Tam. It is also interested in teaming up with Tesla to help in its own driverless-car ambitions in China. WeChat Pay recently got a license to operate a payment and fintech business in Malaysia and wants to do so across the region. The WeChat messaging service is being rolled out aggressively in the United Kingdom, a prequel to expanding the ecosystem to payments and other services there. Global investors are way underexposed to Tencent, says Catherine Tan, a portfolio manager with Excel Funds in Toronto. Excel, which bought Tencent stock years ago and has had a great ride, isn't about to sell. "Tencent has a solid competitive moat that is illustrative of the strong secular New China growth theme," says Tan, adding that it still has plenty of room to grow. ASSIF SHAMEEN reports on Asian markets from Singapore. |
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12-04-2017, 05:39 PM | #1437 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $61900
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Steel Stock (X) closed above $30 today. I'm up 42% on this and debating when I sell it all. It's only been above $40 once in the last 5 years and for only a few months.
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12-04-2017, 07:35 PM | #1438 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $901110
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Quote:
I knew and said at the time in a post it was a good investment but I had no free investment capital. Why not sell covered calls? For every 100 shares you can sell one call. Sell a call 4 months out-collect about $245 for every 100 shares, giving you equal protection all the way down to $27.40 and max upside of $34.45 X 32 Strike Calls Exp Apr 20, 2018 BID 2.38 ASK 2.60
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ "The men who drafted Patrick Mahomes" |
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12-05-2017, 08:31 AM | #1439 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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Quote:
Here's something thats just so god damn funny : I've really ,really been trying to learn about analyzing stocks. Sectors,fundamentals,momentum,chart analysis ,all of it. So I picked out about 30 stocks that have made HUGE runs for more than 12 months ,I mean 100 to 400 % up with no dips. Then I nailed down the fundamentals looking at cash flow, debt, growth ,institutional ownership,and ended up with 6 or so that I said ,MAN, this is a no brainer, Going to be easy. I should at least get 30-60 days of really good profit and I'll just watch them daily and move out when it turns. So I put in 10K. I figure this is my gambling money. well, those stocks are all involved in the tech sector. 2 ****ing days after I put in the tech sector takes the biggest decline since 2009. Well, go **** me , I'm down $2000. So now I'm in bitcoin stocks and making it back at the same time but it looks like the Feds are going to get into Bitcoin and **** it all up. I think i'll just go fishin. |
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12-05-2017, 08:40 AM | #1440 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-39523
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By the way there were 3 different X company directors that bought company stock in September at the 24-27 dollar range. Thats a good sign for X.
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