Stock picks

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NEW -> Contingent Buyer Assistance Program
I read it was 2 shares maximum that RH will allow a buyer to purchase.

Me? I'm long Marie Antoinette Industries (NYSE: CHOP) as this is the eventual terminus point whenever the masses get in a twist like this.
 
Soylent Green Is People said:
I read it was 2 shares maximum that RH will allow a buyer to purchase.

Me? I'm long Marie Antoinette Industries (NYSE: CHOP) as this is the eventual terminus point whenever the masses get in a twist like this.
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That is probably 50-100% of the typical RH account value.
 
Soylent Green Is People said:
I read it was 2 shares maximum that RH will allow a buyer to purchase.

Me? I'm long Marie Antoinette Industries (NYSE: CHOP) as this is the eventual terminus point whenever the masses get in a twist like this.
Click to expand...

They changed to 1 share partially through the trading day today.

RH CEO interview with Cuomo was a joke. Did not address any of the concerns about why they decided to let retail investors sell positions but not buy. If they were actually "concerned" wouldn't they halt ALL trading?

After this stunt I'm no longer going to fund RH and use ETrade which did not restrict any trading. I would close RH via ACATS but I'm not giving them the satisfaction of earning my $75 closing account fee.
 
I sold all my TSLA shares last year to buy retail (KSS, JWN) stocks.  For Jan here are my major trades:

Sold in Jan:
Retail: KSS/JWN/OSTK/W
COVID-19:  MRNA/SRNE/NOVN 
Holding some shares of MRNA/SRNE/INO/CPRX/CTLT, curious to see if MRNA hits $200

Reduced position by half in Jan:
Banking:  BAC/C/JPM
Oil ETF:  FENY/FILL/GUSH/OIH
Holding oil/gas mutual funds

Bought in Jan:
ARKF/ARKG/ARKK/ARKQ/ARKW  (yes I went down the list and bought all 5)
Semiconductor:  HIMX/SMH/SOXX/UMC
Others:  FIVG/GBTC/HOLX/PLTR/SLV (warning: silver price can be roller coaster)
Pure dumb luck:  Bought ABML for $1/s, +200% and holding.
 
nosuchreality said:
Robinhood took off the brakes on GME today.

We will see how long inflows can keep the ball in the air.
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Yeah, after they got a lifetime of another $2.4B on top of the $1B they got last week.  Let's see how much longer until they need more capital.  I'm glad I've stayed with TDAmeritrade over the years.
 
USCTrojanCPA said:
nosuchreality said:
Robinhood took off the brakes on GME today.

We will see how long inflows can keep the ball in the air.
Click to expand...

Yeah, after they got a lifetime of another $2.4B on top of the $1B they got last week.  Let's see how much longer until they need more capital.  I'm glad I've stayed with TDAmeritrade over the years.
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I haven?t dug in that much on RH, my basic guess is since a large chunk of their 2 million small accounts hopped on the 1700% rollercoaster, their minimum net capital requirement jumped a few hundred percent.

Caught a glimpse of Cuban squawking on CNBC flipping channels saying not fair to small investors not knowing their broker can?t handle it.  My initial thought is that sounds good except RH, IMO, wouldn?t or couldn?t exist if they had more rigorous capital requirements.

GME is pounded today, back to back $100/losses which sounds bad, but it?s still up 500% from the initial move.  At a float of 50M shares and daily trade volume sub 10m it doesn?t take much to push the stock.
 
USCTrojanCPA said:
I like the builder stocks...LEN, DHI, and TOL along with Zillow.
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Of these, I like DHI the best and think it'd be profitable investment for 2021.  However buyers need to be aware that in previous housing bubble, the stock price of these companies crashed hard from 2005 to 2009.

 
eyephone said:
If worthless companies go sky high. I am out of the stock market.
I see another crash based on valuation.
I was watching CNBC and they said the market cap of GME was bigger than Delta airlines.
If GME management was smart they would issue more shares.

(Auto type feature has been finding me problems on my end)
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Man oh man. Some people got wrecked.
No matter who is at fault or to blame. It is your money. So invest it wisely. There is no do overs.
(Informational purposes, Not investment advice)
 
momopi said:
USCTrojanCPA said:
I like the builder stocks...LEN, DHI, and TOL along with Zillow.
Click to expand...

Of these, I like DHI the best and think it'd be profitable investment for 2021.  However buyers need to be aware that in previous housing bubble, the stock price of these companies crashed hard from 2005 to 2009.
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The reason why I like Lennar is that I interact with that builder the most here locally and see how their incentives have dried up, sales have picked up, and they've been steadily increasing prices as their sales have picked up in the past 3-4 months.  DRH is the largest homebuilder who is in the lower and middle market so they are well positioned as well.
 
GME continues it slow burn, and by slow burn I mean basically orbital re-entry.  Currently at 62.

The stock prior to September ran sub 2 million shares a day, in September its quite clear the stock went into play price and volume moves that stuck for months.  The reddit pumpers took early January before the reddit push, holding 50,000 shares and somewhere picking up another 500 calls (50,000 shares). Just a small fry taking a million dollar plus swing.  Cheerleading the WSB to hold the line while saying he was going to update less often.

Where will GME settle out?  With a stock that trades 2 million shares it takes very few to keep it bubbly.  Is it a $5 stock, $10, $20 or $50 with diamond hands refusing to let go? It only has 50M shares out.

 
nosuchreality said:
GME continues it slow burn, and by slow burn I mean basically orbital re-entry.  Currently at 62.

The stock prior to September ran sub 2 million shares a day, in September its quite clear the stock went into play price and volume moves that stuck for months.  The reddit pumpers took early January before the reddit push, holding 50,000 shares and somewhere picking up another 500 calls (50,000 shares). Just a small fry taking a million dollar plus swing.  Cheerleading the WSB to hold the line while saying he was going to update less often.

Where will GME settle out?  With astock that trades 2 million shares it takes very few keep it bubbly.  Is it a $5 stock, $10, $20 or $50 with diamond hands refusing to let go? It only has 50M shares out.
Click to expand...

As I previously mentioned. I did not believe the hype. I could not get past the stock valuation.
 
eyephone said:
nosuchreality said:
GME continues it slow burn, and by slow burn I mean basically orbital re-entry.  Currently at 62.

The stock prior to September ran sub 2 million shares a day, in September its quite clear the stock went into play price and volume moves that stuck for months.  The reddit pumpers took early January before the reddit push, holding 50,000 shares and somewhere picking up another 500 calls (50,000 shares). Just a small fry taking a million dollar plus swing.  Cheerleading the WSB to hold the line while saying he was going to update less often.

Where will GME settle out?  With astock that trades 2 million shares it takes very few keep it bubbly.  Is it a $5 stock, $10, $20 or $50 with diamond hands refusing to let go? It only has 50M shares out.
Click to expand...

As I previously mentioned. I did not believe the hype. I could not get past the stock valuation.
Click to expand...

I think I am the only one that didn?t believe the hype. Stay the course.
 
Starbucks to the Moon?
I owned Sbux for ages. Also, Stocky ?likes the stock.?
Probably coincidence and luck for me.

 
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