Stock picks

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NEW -> Contingent Buyer Assistance Program
Already own enough goog.  Put a limit order to buy FB last night.  No trigger yet.  Also put in limit orders to sell some OTM puts on stocks I want to own long term anyway.  Have some other options expiring tomorrow that may or may not see me ending up a shareholder.  OSTK is one of them  ;).  Also got my eye on NUE.
 
aquabliss said:
I think FB is going to $150 maybe lower.  GOOG and TSLA still at good buy points though..

Would not touch FB with a 8 foot pole. Mark is using FB for his personal fantasy like metaverse , AR BS instead of focusing on real business growth. To add insult to injury, Apple and Google  make it harder for FB to do target advertisements.

 
Danimal said:
Would not touch FB with a 8 foot pole. Mark is using FB for his personal fantasy like metaverse , AR BS instead of focusing on real business growth. To add insult to injury, Apple and Google  make it harder for FB to do target advertisements.

I'm a dinosaur who doesn't even have a FB account.  There are some things I don't like about FB.  High burn rate, ugly chart.  But it seems to me if they're on the ground floor in creating the metaverse, they'll be first in line to collect the rents.    Microsoft is right there with them, and they aren't stupid either.  And no, FB is not poised as a growth company.  Can you guess their PE ratio without looking?  Hint:  It took me a while to find a predominantly B&M retail chain that has a lower PE than FB.
 
daedalus said:
Danimal said:
Would not touch FB with a 8 foot pole. Mark is using FB for his personal fantasy like metaverse , AR BS instead of focusing on real business growth. To add insult to injury, Apple and Google  make it harder for FB to do target advertisements.

I'm a dinosaur who doesn't even have a FB account.  There are some things I don't like about FB.  High burn rate, ugly chart.  But it seems to me if they're on the ground floor in creating the metaverse, they'll be first in line to collect the rents.    Microsoft is right their with them, and they aren't stupid either.  And no, FB is not poised as a growth company.  Can you guess their PE ratio without looking?  Hint:  It took me a while to find a predominantly B&M retail chain that has a lower PE than FB.

These days you're a dinosaur if you do have a FB account.
 
what's invisible to many is the sheer collection of engineering talent Meta has. They can be good at building whatever they want. Good engineers are THE most valuable commodity. Make sure your children major in CS/EE.
 
Careful,  talent is fungible... ;D ;D >:D

Rams lose Ejiro Evero, two other assistants to Broncos

Now that the Los Angeles Rams? season has come to an end, the departures from their coaching staff have begun. In addition to Kevin O?Connell being hired as the Vikings? head coach, three other assistants are already leaving the Rams? staff.

Ejiro Evero has been hired as the Broncos? defensive coordinator, joining new head coach Nathaniel Hacket in Denver. He was the Rams? secondary coach/pass game coordinator this past season and had spent five years in L.A.
https://theramswire.usatoday.com/2022/02/18/rams-broncos-coaches-ejiro-evero-assistants/
 
eyephone said:
momopi said:
Buying a little more FB and Google...
Are you factoring Facebook?s issue with Europe?

I think concerns regarding loss of revenue (Apple/Google) and EU lawsuits are valid, but somewhat overstated in "worse case" scenarios by the press.  The stock is attractive to me as it edges closer to $200/s.  But if Russia invades Ukraine the stock could be $150 next week.

Being slightly greedy while others are fearful, I've purchased small amounts of FB, GOOG, AXP, ENR, AMD, MRNA, etc. on dip.  Currently eyeing NFLX.


OCtoSV said:
what's invisible to many is the sheer collection of engineering talent Meta has. They can be good at building whatever they want. Good engineers are THE most valuable commodity. Make sure your children major in CS/EE.

A great many tech companies that were successful at one time but was steamrolled into history had teams of great talent.  Wordperfect, Novell, Borland, Silicon Graphics, etc. all had good engineers, but they could not withstand the tidal waves of change.  That's just the risk you take when investing in the industry where both companies and employee skills are rendered obsolete quickly & replaced with outsourcing.  A decade ago I used to joke with coworkers about how to explain to new hires that I learned programming on Univac/Sparry terminal (COBOL & Fortran 77) and sent printouts to green bar paper back in college.  Today the dev team is outsourced to... Ukraine (!) via EPAM.


aquabliss said:
RDFN back to pre-pandemic levels, anyone buying?

No. 
 
It's good to hear what other people are buying/selling. It shouldn't be investment advice.

I am not going to post what I buy or sell in real time because I have a heavy base in the chart and look more to swing trades that cover a few weeks/months and I don't want other people to buy or sell something that I have a tight stop on in case things don't go my way and I really would be sad to find out someone lost money on something but seeing what others buy or sell, makes me thing hmmm....... lets look at that.

When Zubs wanted to know about deep ITM options, I went to youtube to see if there was any good videos on looking at trends and came upon some ameritrade videos (u can see them on Thinkorswim too if you have an account) that were posted months ago and spent a couple days watching their series to see how they worked out. Most were pretty good trades but being months from them, it was interesting to see where they were now. One of them was DXCM. When I pulled up the chart, I was amazed to see a perfect head and shoulders and I couldn't believe what an awesome trade that would be if it broke. Glory be, one day it broke and I made a couple hundred K on the downside. Kicked myself for not loading up again when it ramped back over $500 but I was in AZ and not paying attention, oh well.

Would I post that? No, it's a speculative play. I'm looking at going long if it breaks down to the low $300ish area.

Someone posted about buying NVDA near the top. Would I say, I don't want to mess with that? It's run too far, it's too far from trendlines, there is something going on because it's like it's having a seizure with the large up and down moves at the top that were not there on the way up and that is how things looked in 2000? No because price is always best indicator and they probably are long term, I'm short term and it just didn't look like a "good set up" to me for my purposes.

Did I short it? No, I left it alone. I'm looking for a swing move up, but without a superb very low risk move, I'm just leaving it alone.

FB. I don't really like the company. If talent is the reason to buy, talent can be poached, retire, open their own company with their stock option money and poof it's gone. I can say on a weekly or monthly basis it's the most oversold it's ever been. Not enough of a reason to buy it for me but it could be near a tradeable bottom. Maybe 160- 170 is a better spot? Could be or it could just keep dropping like in 2019. Could I miss a great trade? Yeah, but there is lots of fish in the sea.

I've been eyeing Goog. But something seems off to me. It ran to a new high after earnings and it's just dropping. I'm not touching it because the set up is not good enough to me. It could just go sideways (dead money for me) or it could drop to $2000. But again, that doesn't mean it's bad or someone shouldn't buy it because nearly everyone has a longer term view than me. Could it turn, more like AXP and head up to 4000 from here, Absolutely, but I'll just wait a while. Imo, it should not have traded down like this after earnings. Look at AXP, not all stocks have traded down.

ENR is interesting. Going to keep my eye on that one. I know exactly where to sell it. (Do they have issues getting supplies with Ukraine? I don't know, just asking). Could be a great place to buy and would have never seen it without Momopi's comment). Trading ranges are great swing trades...... long as they hold.

AMD, no opinion but MRNA (also no opinion for my trading plan) but it makes me want to look at PFE for what MIGHT happen to it. PFE ran up years ago with Viagra and then spent years trending lower. Just something to consider in the back of my mind.

 
Tuesday, besides being 2/22/22, is looking to be an interesting market day.......

My .02c
 
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