Stocks stocks and more stocks!

Thanks - I'll check it out. I lead in on a number of ones and try to limit my BLEED out! Right now I have 22 holdings which is a bit tough to keep up on all of them and work at the same time!

 

it has been beat down by the spill.

-BP posted quarterly profit that was up 136% from last year
-is a super major and is not gonna go outta business
-pays a big dividend and consistently raises it


I'm buying

 

delcath
DCTH

i bought in at $13.04 and in just a few weeks it went up to almost $16.50. it was on a strong upward trend until that dumb fuck put billion instead of million and crashed the market. the stock is back around $13 and analysts are predicting $16 to $18 in the next 6 months with some analyst predicting a rise as high as $21. just a year ago the stock was $4 and according to what i read is the second best performing medical stock on teh market. if i had some extra cash to dump in the market i'd buy more shares now while its low again. and for the record i take no responsibility if it tanks. by all means do your own research, consider what i said just a tip.

 

I lost big with ABK. Anyone have any opinions about this stock. It claimed bankruptcy 2 weeks after I bought. Should I just hold on. Apparently this was a voluntary BK. Anyone have any experience to share their insights. I bought in at $1.04 and now the stock is sitting at $0.14.

 

And that is where diversification comes in. BK is not a very good thing. I don't know that this will get much past .20 but if it makes you feel better, I have a good size chunk of it that blew past a stop.

These are lessons that drive home the point of having the majority of your holdings in companies that are true leaders in their field and in a field that is good. I should have never mentioned this one (I have played it for a couple of years - gaining 70% of the time). This is a company that the only reason that I played with it was 'cause I saw a pattern - patterns are not as good of a tool as fundamentals... If I told you that there is this company that insures debt from default, would you think that was a good biz to be in? Definitely not. But sometimes there is a number of good pops. If you want to feel any better - look at how many institutions hold it. You may call me a fool but I did pick up a good size lot at 13 cents (wtf am I doing) thinking it will get up to 19-20. If it doesn't happen, it doesn't happen and I lost the money. Not something I suggest anyone do.

The other holdings that I currently hold include AAPL, CHK, CSCO (the day it hit its low), GOOG, CRUS, CL, VZ, SMG, PPG, GLD, SWHG, ATPG and RIMM.

ABK never made up more than 1-3% of my total portfolio (I try to keep las vegas style bets to no more than ~7%). It was a poker game for me.

IMO if you don't have enough to hold at least 5 holdings (preferably up to 10), you should buy a EFT of S&P or some, some.

Also, look at your performance as compared to the S&P 500 and if you're not beating it, join it - in other words, investing in 500 of some of the best companies in the market isn't a bad way to get the appreciation of the best companies and be very diversified!

 

I've been reading closely on the BK procedure and it seems as if they are trying to keep the common shareholders so that they can preserve a $5 billion in Net Operating Loss. It was $0.20 about a week or 2 ago. Do you know anything else about the company?

I should have diversified or just sold after i made 10% but I held on for the earnings report. The day before earnings they filed BK after hours so I couldn't do anything.

 

I held on to my last two lots of ABKFQ (the artist formally known as ABK). Had a standing sell order at .15 figuring it may all be lost money but at a total value of about 3-4k thought I'd hold on. .15 triggered and still have another 11k shares I will dump tomorrow.

 

I know this is a toyota forum, but I invested in Ford stock when it was down to$1.50 something back in Feb 09. Put in 5k got about 4000 shares. its up to 16 something today. I've made about 60k in a about two years. Probably gonna keep rising. But what do i know. It was my first investment.

 

I've had pretty good luck with utilities over the years. you wont get rich quick, but you can do allright if you buy near their lows. usually when they go up 10-11% I sell and wait for a pullback -then buy them again. if they go nowhere, I'm getting 5-6% dividends. better than .05% on my money market, or .13% on checking. just sold FE (2/1/11) @ $39.45 - bot. @ $35.60 & $35.72 (11/11/10), also received a dividend on these shares. part of this is in a roth IRA and is tax free. FE has pulled back,but not enough, I may add to my PPL holdings. also I'm not afraid to dollar average on any utility that I buy. BUY LOW-SELL HIGH. it's that simple! HA!

 

PCS

 

http://www.zerohedge.com/news/2015-01-23/friday-humor-hitler-realizes-he-was-short-swiss-francs


(I know, this is actually ForEx, but I didn't feel like starting a new thread.)

 

end of week investment musings

http://www.zerohedge.com/news/2015-03-06/nasdaq-has-become-biggest-circle-jerk-history

 

When Your Banana-Guy Starts Trading Stocks, You Know It's Over

http://www.zerohedge.com/news/2015-...a-guy-starts-trading-stocks-you-know-its-over

 

EMES, P, CTIC, GE, KO, AAPL, RRD, DNKN, BP, ITT, SWC.

Those are my holdings. Man, didn't realize I had that many until I listed them out.

 

I think ETFs are a good idea right now. I'm invested in VOO (a Vanguard S&P 500 ETF). It's major holdings include Apple, Berkshire Hathaway, Google, Microsoft, Exxon Mobil, Johnson & Johnson and GE. Hasn't been doing too much lately, but it has a great average annual return and an expense ratio of .05% (very low). Semiconductors are also pretty hot
Here's a link to VOO:
https://personal.vanguard.com/us/funds/snapshot?FundId=0968&FundIntExt=INT

-make sure to tell me if you invest in VOO

 

Taking a beating on my IRA's and individual stocks. How far do you think it'll go? Are we due for another 2008; although that was due to banks messing up.

I am 29, so I can take a hit now and just buy more at lower prices.

Thoughts?