Dow?
- Thread starter irvinehomeowner
- Start date
NEW -> Contingent Buyer Assistance Program
My friend, my friend. Yes, the market is down today. However, before the market was down, you bought the stock knowing about the analyst downgrade and about the scandal. (I posted links above for your leisure)
Maybe you should buy lumber liquidators, buy a stock when the stock price is going down. (I'm not)
It's all about fundamentals and reading charts.
i am not mad or sad about my PBR bet...and it really is a bet. my comment about market being down today was about long term investments, not bets. buying big name stocks with decent yields on down days seems like a good idea
on the bets, i have had wild gains buying sinking ships but also have lost my shirt. PBR is a bet but better than a 50/50 in that downside is 20-30% loss with an upside being 100% gain. its a state owned company with lots of assets and a high yield. right now i have lost 13% which sucks but i am ok with.
good luck!
Yeah it's not looking good right now. Any bit of news and this thing just falls 2-3%. They need to get those audited results out ASAP. Once those are out things should calm down and reverse the momentum. After that there is still oil prices and the real to worry about. Still a good long term bet though, I hope...
The Motor Court Company
Well-known member
I treat PBR as a stock with 20% downside but also with more than 100% upside. classic high risk high reward.
The Motor Court Company
Well-known member
PBR has the potential of getting a latest model MacBook Pro with the risk of Apple Watch. If you have the money to spare, take it.
eyephone said:
The Motor Court Company
Well-known member
INTC is a good bet. either they quit mobile and return more profit to shareholders, or they succeed and start making money in mobile. PCs and servers are not going anywhere. AMD is dying.
rkp said:
rkp said:
My friend, my friend. Yes, the market is down today. However, before the market was down, you bought the stock knowing about the analyst downgrade and about the scandal. (I posted links above for your leisure)
Maybe you should buy lumber liquidators, buy a stock when the stock price is going down. (I'm not)
It's all about fundamentals and reading charts.
eyephone said:
i am not mad or sad about my PBR bet...and it really is a bet. my comment about market being down today was about long term investments, not bets. buying big name stocks with decent yields on down days seems like a good idea
on the bets, i have had wild gains buying sinking ships but also have lost my shirt. PBR is a bet but better than a 50/50 in that downside is 20-30% loss with an upside being 100% gain. its a state owned company with lots of assets and a high yield. right now i have lost 13% which sucks but i am ok with.
The Motor Court Company
Well-known member
INTC just got into iphone for their mobile chip. That's a huge win for them. looks like they are turning around in mobile.
After all the interest in PBR from this thread, took the plunge and bought PBR yesterday near the close, but hedged with an double short oil ETF (DTO). Looks like today is a good day with WTI oil down but PBR up 
We'll see how it goes in the next few days but my risk tolerance is somewhat low so I might close the trade quick if things starts to go wrong.
We'll see how it goes in the next few days but my risk tolerance is somewhat low so I might close the trade quick if things starts to go wrong.
qwerty
Well-known member
GH said:After all the interest in PBR from this thread, took the plunge and bought PBR yesterday near the close, but hedged with an double short oil ETF (DTO). Looks like today is a good day with WTI oil down but PBR up
good luck!
The Motor Court Company
Well-known member
PBR keeps falling, getting new 52 week lows...
qwerty
Well-known member
The California Court Company said:
Yeah it's not looking good right now. Any bit of news and this thing just falls 2-3%. They need to get those audited results out ASAP. Once those are out things should calm down and reverse the momentum. After that there is still oil prices and the real to worry about. Still a good long term bet though, I hope...
irvinehusky
New member
Most of the natural resources stocks are near their 52 week lows so it's not surprising. As they say, buy when the blood is gushing out (hopefully, not your own) onto the street. This could be a good time to buy unless it drops a lot more from here, which I have experienced before. If that happens, you just need to hold on and pray that it will come back and go to new highs. Fortunately, every other time before, it has happened so I would expect it to happen again in the hopefully, not so distant future.
Since oil prices are still low, I can't see them roaring back anytime soon but who knows? I would think the precious metals recovering sooner would make sense.
If a few thousand dollars of portfolio swings affects someone, then right now is probably not the time to jump in.
Since oil prices are still low, I can't see them roaring back anytime soon but who knows? I would think the precious metals recovering sooner would make sense.
If a few thousand dollars of portfolio swings affects someone, then right now is probably not the time to jump in.
