Stock picks

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[me=momopi]eyes WPG bouncing into the clouds[/me]

I don't think WPG SPG etc are long term holds, as future of department store retail is  bleak.  But I guess all the people cooped up during the lockdown are making a beeline for the mall right now.

 
I'm too heavily invested in oil and oil services.  Diversifying with bank stocks.

Bought BAC C JPM WFC

Was tempted to buy HSBC but due to political risk, I decided to hold off.

If you like to gamble, try GUSH (2x XOP).

 
Buying KSS on retailer reopening.

I picked KSS over others because Macy's is only paying the bills with massive loans, JC Penny is barely breathing in buyout talks, and Nordstrom was a difficult decision but I didn't think luxury department store will do that well in post pandemic economy.
 
momopi said:
Buying KSS @ $27 and setting up downward ladder limit orders $26-$20.

If you are willing to go long the stock what about selling at the money or in the money puts and get paid a premium?
 
USCTrojanCPA said:
momopi said:
Buying KSS @ $27 and setting up downward ladder limit orders $26-$20.

If you are willing to go long the stock what about selling at the money or in the money puts and get paid a premium?

I'd need to go back and study how to trade options again and play with some paper trades to make sure I really understand, before I'd be comfortable with using real money.


What I do now is I look for stocks that I like, preferably priced at 25% or more below pre-crash price in Feb 2020 (not 52 week high).  I'd buy a few thousand dollars (less for higher risk).

Then I'd setup downward ladder limit order steps to 25% below the purchased price.  The total value of the limit orders typically add up to 100% of what I paid for in the first purchase.  If I really love the stock I might go higher.

So for KSS, say I bought $5,000 at $27.
25% below $27 is $20.
I setup limit orders at $26 25 24 23 22 21 20 (bigger gaps as needed for higher priced stocks)
Each limit order is 5000/7 = $700 ish, more if I really like the stock.

Another example, say if GE is trading at $6.60.
I put in first limit order of $1000 at $6.50.
Then I put in lower limit orders at $6.00, $5.50, and $5.00 at $350 each.


So if the stock continues to rise then none of the limit orders will execute and you only make gains from the initial purchase.

The money put into limit orders are not avail for trade and act like a reserve.  If the stock climbs high enough I will cancel the limit orders and reallocate the funds toward another stock purchase.

There is likely a smarter/better and more efficient way to do this.
 
momopi said:
USCTrojanCPA said:
momopi said:
Buying KSS @ $27 and setting up downward ladder limit orders $26-$20.

If you are willing to go long the stock what about selling at the money or in the money puts and get paid a premium?

I'd need to go back and study how to trade options again and play with some paper trades to make sure I really understand, before I'd be comfortable with using real money.


What I do now is I look for stocks that I like, preferably priced at 25% or more below pre-crash price in Feb 2020 (not 52 week high).  I'd buy a few thousand dollars (less for higher risk).

Then I'd setup downward ladder limit order steps to 25% below the purchased price.  The total value of the limit orders typically add up to 100% of what I paid for in the first purchase.  If I really love the stock I might go higher.

So for KSS, say I bought $5,000 at $27.
25% below $27 is $20.
I setup limit orders at $26 25 24 23 22 21 20 (bigger gaps as needed for higher priced stocks)
Each limit order is 5000/7 = $700 ish, more if I really like the stock.

Another example, say if GE is trading at $6.60.
I put in first limit order of $1000 at $6.50.
Then I put in lower limit orders at $6.00, $5.50, and $5.00 at $350 each.


So if the stock continues to rise then none of the limit orders will execute and you only make gains from the initial purchase.

The money put into limit orders are not avail for trade and act like a reserve.  If the stock climbs high enough I will cancel the limit orders and reallocate the funds toward another stock purchase.

There is likely a smarter/better and more efficient way to do this.

If you really believe in the company you're buying stock in, maybe you can increase your limit order size for each lower price.  So that way, you bought more at $20 than at $26.
 
DBtoOC said:
If you really believe in the company you're buying stock in, maybe you can increase your limit order size for each lower price.  So that way, you bought more at $20 than at $26.

Yes -- if I really like the stock, the limit orders would be larger.  However 25% drops after the March crash has been hard to come by.  If by some miracle the stock falls from $26 to $20, I may make another lump purchase at $20 and setup limit orders $19-$15.

Previously I had made smaller initial purchases and put in much larger limit orders.  Unfortunately with only small dips after the initial March slide, this means most of the limit orders didn't execute and I only invested small % of the money.  After review I decided to just bump up the initial purchase in our U-shaped recovery phase.
 
paydawg said:
momopi said:
Getting ready for next dip.

ROKU
TTD
FSLY
BAC
TWLO
FB
PINS
NVTA

I have stakes in all of these.  I was eyeing but never pulled the trigger (but should have) on the following:

NVDA
SHOP

Now I'm eyeing the following:

LVGO
AYX
OKTA
WORK
SQ
MDB
MELI

Well...since my last stock pick posting, my portfolio did alright, but I could've done so much better!  Since then, I've added LVGO & AYX to my portfolio.  I still HIGH on ROKU (long term) and PINS.  I'm kicking myself for never starting positions of SHOP and NVDA.  The S&P 500 has been up about 7% since my last post.


ROKU: -10%
TTD: +44%
FSLY:  +130%
BAC:  +7%
TWLO: +94%
FB:  +27%
PINS:  +7%
NVTA:  +1%

I have stakes in all of these.  I was eyeing but never pulled the trigger (but should have) on the following:

NVDA:  +26%
SHOP:  +28%

Now I'm eyeing the following:

LVGO:  +47%
AYX:  +32%
OKTA:  +29%
WORK:  +13%
SQ:  +43%
MDB: +28%
MELI:  +57%
 
paydawg said:
paydawg said:
momopi said:
Getting ready for next dip.

ROKU
TTD
FSLY
BAC
TWLO
FB
PINS
NVTA

I have stakes in all of these.  I was eyeing but never pulled the trigger (but should have) on the following:

NVDA
SHOP

Now I'm eyeing the following:

LVGO
AYX
OKTA
WORK
SQ
MDB
MELI

Well...since my last stock pick posting, my portfolio did alright, but I could've done so much better!  Since then, I've added LVGO & AYX to my portfolio.  I still HIGH on ROKU (long term) and PINS.  I'm kicking myself for never starting positions of SHOP and NVDA.  The S&P 500 has been up about 7% since my last post.


ROKU: -10%
TTD: +44%
FSLY:  +130%
BAC:  +7%
TWLO: +94%
FB:  +27%
PINS:  +7%
NVTA:  +1%

I have stakes in all of these.  I was eyeing but never pulled the trigger (but should have) on the following:

NVDA:  +26%
SHOP:  +28%

Now I'm eyeing the following:

LVGO:  +47%
AYX:  +32%
OKTA:  +29%
WORK:  +13%
SQ:  +43%
MDB: +28%
MELI:  +57%

Most of these picks continue to skyrocket.  This is sort of irrational.  I think I probably should be selling...but the problem is ,these companies have LONG runways and will probably be trending up for several years.  They're just getting started. 
 
irvinehomeowner said:
I don't speak stockinese. What are those stocks? I think I see Nvidia and Roku.

What are the others? Oklahoma Transit Authority? Las Vegas Go? MeliRoos?

:)

MeliRoos LOL, was hoping they were a company that took $1 from every Irvine Resident Mello Roos payment.  That would be a great investment.
 
irvinehomeowner said:
I don't speak stockinese. What are those stocks? I think I see Nvidia and Roku.

What are the others? Oklahoma Transit Authority? Las Vegas Go? MeliRoos?

:)

I won't invest in anything associated with Oklahoma.  Bad Investment.

Las Vegas Go?  That's hit or miss.  That's a straight gamble.

MeliRoos?  If it's invested in the Great Parks, then that's going up indefinitely.  Great Investment!
 
paydawg said:
irvinehomeowner said:
I don't speak stockinese. What are those stocks? I think I see Nvidia and Roku.

What are the others? Oklahoma Transit Authority? Las Vegas Go? MeliRoos?

:)

I won't invest in anything associated with Oklahoma.  Bad Investment.

Las Vegas Go?  That's hit or miss.  That's a straight gamble.

MeliRoos?  If it's invested in the Great Parks, then that's going up indefinitely.  Great Investment!

Counter argument. The late Belly avoid GP at all cost.lol
 
Bought BRK-B from $180 down (180-179-178...)

Limit orders on SSO from $120 down ($121 today).  Hoping the dip continues.

Bought 500 shares of CTRM at $0.40  ($200).  This is a slot machine play betting on the price going up after June 26.  Don't buy unless if you can afford to put the money in a slot machine.
 
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