We haven't really talked much about oil in quite some time, and maybe for good reason... It hasn't done a whole heck of a lot in 7 weeks at ~ $40/barrel, Lol !! Based on what I've read recently , it's hard to see it really spiking much further from here for some time. OPEC+ has had their production cuts in, and Saudi Arabia cut even MORE than they had earlier agreed to months ago. OPEC hasn't produced this little amount of oil in over 2 decades !! That is incredible, and doesn't bode very well for oil prices in the near future. As we "try" to open up our economies again, it will be met with a world that is awash in spare production capacity to absorb all that new demand. That's not good for us oil bulls, so enjoy the dividend...
On a related topic of oil,.... as an owner of Chevron, I have to applaud CVX's recent acquisition of Noble Energy for $5B ($13B including debt). They were able to expand their desire for acreage in the desired Permian Basin, and do so without breaking the bank. Contrast this with Occidental's purchase of Anadarko just last year for over $50B !! As you'll recall, Occidental came in "over the top" with a big offer to "steal" Anadarko from Chevron.... But it is Chevron that is having the last laugh. Now, OXY has an albatross of debt around its neck, and suffering as a result. Chevron, on the other hand, was happy to walk away with a $1B break-up fee that Anadarko paid them for not completing the deal. In summary, Chevron engaged in a heavy dose of financial discipline. That's what I like to see in a CEO , like Mike Wirth of Chevron.
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We haven't really talked much about oil in quite some time, and maybe for good reason... It hasn't done a whole heck of a lot in 7 weeks at ~ $40/barrel, Lol !! Based on what I've read recently , it's hard to see it really spiking much further from here for some time. OPEC+ has had their production cuts in, and Saudi Arabia cut even MORE than they had earlier agreed to months ago. OPEC hasn't produced this little amount of oil in over 2 decades !! That is incredible, and doesn't bode very well for oil prices in the near future. As we "try" to open up our economies again, it will be met with a world that is awash in spare production capacity to absorb all that new demand. That's not good for us oil bulls, so enjoy the dividend...
On a related topic of oil,.... as an owner of Chevron, I have to applaud CVX's recent acquisition of Noble Energy for $5B ($13B including debt). They were able to expand their desire for acreage in the desired Permian Basin, and do so without breaking the bank. Contrast this with Occidental's purchase of Anadarko just last year for over $50B !! As you'll recall, Occidental came in "over the top" with a big offer to "steal" Anadarko from Chevron.... But it is Chevron that is having the last laugh. Now, OXY has an albatross of debt around its neck, and suffering as a result. Chevron, on the other hand, was happy to walk away with a $1B break-up fee that Anadarko paid them for not completing the deal. In summary, Chevron engaged in a heavy dose of financial discipline. That's what I like to see in a CEO , like Mike Wirth of Chevron.
Place I eat breakfast at some days had a sign out front they would be closed next day. I ask why. Lady says the young girls do not want to come back right now because they will lose money. She said the rest of them need a day off. I think as the guy points out in the article this may present some issues. I think it may be interesting as a case study from an economical standpoint.
Place I eat breakfast at some days had a sign out front they would be closed next day. I ask why. Lady says the young girls do not want to come back right now because they will lose money. She said the rest of them need a day off. I think as the guy points out in the article this may present some issues. I think it may be interesting as a case study from an economical standpoint.
You want to know what's remarkable about all this ? The number of people that truly live paycheck to paycheck. Think about it. This pandemic has clearly exposed those with no emergency fund resources to reply upon, when faced w unemployment. Why else would Congress panic w the supposed predicament of people w little resources. As if the state unemployment was inadequate. I am sure there are plenty of people this economic cycle who never believed they would find themselves unemployed. I think what has been exposed is how poorly most people manage their life finances.
Cue up the other thread that talks about saving vs. Investing.
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You want to know what's remarkable about all this ? The number of people that truly live paycheck to paycheck. Think about it. This pandemic has clearly exposed those with no emergency fund resources to reply upon, when faced w unemployment. Why else would Congress panic w the supposed predicament of people w little resources. As if the state unemployment was inadequate. I am sure there are plenty of people this economic cycle who never believed they would find themselves unemployed. I think what has been exposed is how poorly most people manage their life finances.
Cue up the other thread that talks about saving vs. Investing.
Yes. I saw that thread. You differentiated them very well.
Sure. Way too many people do not have enough saved. But even the ones that did have some saved are probably exhausting it now. Because they cannot go get another job -- through no fault of their own -- they are not allowed to work. It is not like they can just go out and get another job if they lose one job. So now, they are dependent on benefits.
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Yes. I saw that thread. You differentiated them very well.
Sure. Way too many people do not have enough saved. But even the ones that did have some saved are probably exhausting it now. Because they cannot go get another job -- through no fault of their own -- they are not allowed to work. It is not like they can just go out and get another job if they lose one job. So now, they are dependent on benefits.
I saw that.. what's going on w Intel. They seem to be falling behind to AMD these days. I don't follow the company too closely, but first INTC loses Apple as a customer, now a delay in its next gen chip that AMD already has in production. They need to turn things around..
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I saw that.. what's going on w Intel. They seem to be falling behind to AMD these days. I don't follow the company too closely, but first INTC loses Apple as a customer, now a delay in its next gen chip that AMD already has in production. They need to turn things around..
Yeah Rush. It's not great. If I have any weakness in my lifetime investment strategy, it is the fact that I'm split 50/50 between auto pilot mutual funds and individual stocks. I'm in Intel all the way back to 20 bucks, and I admittedly get gun shy of letting go of winners that are paying me a decent dividend. The overall implication of not being totally on auto pilot and mutual funds is the implied increase in beta risk. INTC has some issues that need fixing as you said. Every now and then I take a hit. It's the cost of doing business.
Gamble for entertainment, invest for wealth!
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Yeah Rush. It's not great. If I have any weakness in my lifetime investment strategy, it is the fact that I'm split 50/50 between auto pilot mutual funds and individual stocks. I'm in Intel all the way back to 20 bucks, and I admittedly get gun shy of letting go of winners that are paying me a decent dividend. The overall implication of not being totally on auto pilot and mutual funds is the implied increase in beta risk. INTC has some issues that need fixing as you said. Every now and then I take a hit. It's the cost of doing business.
They’re at .87 right now so we NEED to get moving this week into next weeks “supposed” earnings. I cannot believe APT hasn’t said a single word since Q1 in March. Making many scratch their heads as if they’re not gonna be meeting the massive demand. this operation had TEN employees one month before the pandemic started. Isn’t that insane.
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I have 12 august 7th $30 for $1.55
They’re at .87 right now so we NEED to get moving this week into next weeks “supposed” earnings. I cannot believe APT hasn’t said a single word since Q1 in March. Making many scratch their heads as if they’re not gonna be meeting the massive demand. this operation had TEN employees one month before the pandemic started. Isn’t that insane.
And the short float has almost doubled to over 40%. we got no volume again today yet it went up $1.37. I just wish I knew why more people aren’t jumping on board on this thing. it ain’t a secret anymore. what does your 8-ball tell you raiders ?
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And the short float has almost doubled to over 40%. we got no volume again today yet it went up $1.37. I just wish I knew why more people aren’t jumping on board on this thing. it ain’t a secret anymore. what does your 8-ball tell you raiders ?
I don’t have a certain idea on it. But in the comments the guy addresses some of the questions folks brought up. If not that article it is the other one he wrote about APT. And one was this exchange:
"Sounds like a long winded way to say leave the probable 100-200 % return on the table because you may forget to sell some or all in 4 years."
More like, yes you can buy now above intrinsic value, but make sure you sell at an even higher price above intrinsic value before the share price eventually falls back below present share price. Otherwise you will become the 'greater fool’.
I think that is an accurate assessment. You just have to have a plan to get out with profit, or at least make sure you take enough out to guarantee a profit on the trade — then let the rest run.
He also has a very good article about the Covid situation as well.
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I don’t have a certain idea on it. But in the comments the guy addresses some of the questions folks brought up. If not that article it is the other one he wrote about APT. And one was this exchange:
"Sounds like a long winded way to say leave the probable 100-200 % return on the table because you may forget to sell some or all in 4 years."
More like, yes you can buy now above intrinsic value, but make sure you sell at an even higher price above intrinsic value before the share price eventually falls back below present share price. Otherwise you will become the 'greater fool’.
I think that is an accurate assessment. You just have to have a plan to get out with profit, or at least make sure you take enough out to guarantee a profit on the trade — then let the rest run.
He also has a very good article about the Covid situation as well.
All of that being what it is — you already know I have a couple of issues with the trades you are doing.
I really, really would like to see two or three things from you.
One: I don’t like that you don’t put sell orders in place. You have already seen a couple of times where you could have gotten out with good profits. You have even seen a couple of times where you could have gotten out at a lesser loss, instead of letting them expire worthless and losing your total investment.
Two: I do not think the way you are doing it, if you are not going to have sell orders in place, you are giving yourself nearly enough time. I know the earnings is supposed to be announced on the 3rd. I understand you are trying to maximize this. But I would sell tomorrow if there is a jump and move out to, say, Aug 21. The closer ones are going to more volatile. But you are not taking advantage of it correctly, in my opinion. I showed you the other day when you could’ve been able to get in and out during the day on ups and downs. I posted before the market opened what target price I wanted — then the ones I got, I posted intended sell prices. In and out the same day — locking up profits and limiting losses. With a volatile stock this is easier to do. So, I do think this stock can be day-traded. But you cannot buy on jumps. It looks like if you paid that for the current ones you have — you must’ve got them around the 22nd when they were at the highest they have been. You have had chances to get them much lower than you did — before and after that date.
Three: I think you started talking about this stock when it was around 16-17? If you had simply bought the stock you would be up 35%-40%!! So, you have been absolutely correct about the stock so far! Maybe this would be the better plan for you. That way you don’t have to worry about expiration dates at all, or earnings announcements. You can just ride the stock and get out at your leisure. You just have to keep up with the pandemic and PPE orders for them. You could also daytrade some options as well. But at least you will make a profit on it. I hate to see you be right about the stock the whole time, yet lose money on it!
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All of that being what it is — you already know I have a couple of issues with the trades you are doing.
I really, really would like to see two or three things from you.
One: I don’t like that you don’t put sell orders in place. You have already seen a couple of times where you could have gotten out with good profits. You have even seen a couple of times where you could have gotten out at a lesser loss, instead of letting them expire worthless and losing your total investment.
Two: I do not think the way you are doing it, if you are not going to have sell orders in place, you are giving yourself nearly enough time. I know the earnings is supposed to be announced on the 3rd. I understand you are trying to maximize this. But I would sell tomorrow if there is a jump and move out to, say, Aug 21. The closer ones are going to more volatile. But you are not taking advantage of it correctly, in my opinion. I showed you the other day when you could’ve been able to get in and out during the day on ups and downs. I posted before the market opened what target price I wanted — then the ones I got, I posted intended sell prices. In and out the same day — locking up profits and limiting losses. With a volatile stock this is easier to do. So, I do think this stock can be day-traded. But you cannot buy on jumps. It looks like if you paid that for the current ones you have — you must’ve got them around the 22nd when they were at the highest they have been. You have had chances to get them much lower than you did — before and after that date.
Three: I think you started talking about this stock when it was around 16-17? If you had simply bought the stock you would be up 35%-40%!! So, you have been absolutely correct about the stock so far! Maybe this would be the better plan for you. That way you don’t have to worry about expiration dates at all, or earnings announcements. You can just ride the stock and get out at your leisure. You just have to keep up with the pandemic and PPE orders for them. You could also daytrade some options as well. But at least you will make a profit on it. I hate to see you be right about the stock the whole time, yet lose money on it!
Why do we keep repeating the same lessons over and over and over and over? In investing, TIME is on your side unless you choose to pick a battle with it. I reviewed this in detail earlier and the advice remains "timeless".
Concave. My advice would be to stop what you are doing immediately. The "news" that you are tuning in to is being broadcast to a world of investors that are way better at the game then you are. They are analyzing. You are guessing. They don't wait on earnings reports. Act prior to earnings reports. They have limits in place. They are escaping bad trades with a few bucks in their pockets. They are maximizing profits by getting out of trades at optimal times.
Sports are back on. Take a few bucks and get your kicks there. Save your money on short term "timed" trades and start using time to your advantage. Stop digging the hole. I have already shown you how much a simple 5K could be worth in 30 years? Isn't that going to achieve your goals?
Gamble for entertainment, invest for wealth!
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Why do we keep repeating the same lessons over and over and over and over? In investing, TIME is on your side unless you choose to pick a battle with it. I reviewed this in detail earlier and the advice remains "timeless".
Concave. My advice would be to stop what you are doing immediately. The "news" that you are tuning in to is being broadcast to a world of investors that are way better at the game then you are. They are analyzing. You are guessing. They don't wait on earnings reports. Act prior to earnings reports. They have limits in place. They are escaping bad trades with a few bucks in their pockets. They are maximizing profits by getting out of trades at optimal times.
Sports are back on. Take a few bucks and get your kicks there. Save your money on short term "timed" trades and start using time to your advantage. Stop digging the hole. I have already shown you how much a simple 5K could be worth in 30 years? Isn't that going to achieve your goals?
oh gamble. I’m not going back to sports for a few years till there’s some normalcy again. everything has changed.
just read 3Ms article on their earnings miss. they also produce a sh!t ton of N95s. “Demand continues to far outpace what the industry can supply .” 3M does a bunch of other sh!t. Their headquarters are 8 miles from me in Minnesota. All I keep reading is nobody can provide guidance for the coming quarters. No sh!t. APT gonna be producing masks and shields for the foreseeable future. but I’m now wary that their rink dink operation won’t be able to fulfill orders resulting in another sell off.
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Losing is my middle name
oh gamble. I’m not going back to sports for a few years till there’s some normalcy again. everything has changed.
just read 3Ms article on their earnings miss. they also produce a sh!t ton of N95s. “Demand continues to far outpace what the industry can supply .” 3M does a bunch of other sh!t. Their headquarters are 8 miles from me in Minnesota. All I keep reading is nobody can provide guidance for the coming quarters. No sh!t. APT gonna be producing masks and shields for the foreseeable future. but I’m now wary that their rink dink operation won’t be able to fulfill orders resulting in another sell off.
Would agree here as well. In an environment these last couple of months that has been very generous to stocks, no one should really be losing any money. As Raiders eluded to, you had the direction of the company right.... Start out slow w/ this and just buy the common stock.
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Would agree here as well. In an environment these last couple of months that has been very generous to stocks, no one should really be losing any money. As Raiders eluded to, you had the direction of the company right.... Start out slow w/ this and just buy the common stock.
It is great advice...for investing — and for investing longterm.
However, if you are already invested longterm and want to gamble and do not have sports to gamble on or casinos to go to — I have no issues with that.
We have already discussed this. I have not bet on sports since quarantine. The fellow says he is not interested in sports betting right now even after lockdown. We have emphasized to be invested for longterm and retirement — and he apparently is.
So, if he wants to play around with extra money — no biggie. But I explained this type of gambling is like a 5-team parlay in sports — trying to hit the big shot.
I explained to him this type of daytrading can be more like blackjack or poker — where you can get the odds in your favor or at least manage your losses.
The other issue is that he has been correct on this stock so far — and I think he should have made good money on it so far, instead of losing.
The last issue is that day trading is a learning experience that can be costly. But once you learn from your mistakes — you can make money at it and it can be fun. This can easily replace, or go along with, sports betting. It can be very enjoyable as long as you don’t lose all the time.
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It is great advice...for investing — and for investing longterm.
However, if you are already invested longterm and want to gamble and do not have sports to gamble on or casinos to go to — I have no issues with that.
We have already discussed this. I have not bet on sports since quarantine. The fellow says he is not interested in sports betting right now even after lockdown. We have emphasized to be invested for longterm and retirement — and he apparently is.
So, if he wants to play around with extra money — no biggie. But I explained this type of gambling is like a 5-team parlay in sports — trying to hit the big shot.
I explained to him this type of daytrading can be more like blackjack or poker — where you can get the odds in your favor or at least manage your losses.
The other issue is that he has been correct on this stock so far — and I think he should have made good money on it so far, instead of losing.
The last issue is that day trading is a learning experience that can be costly. But once you learn from your mistakes — you can make money at it and it can be fun. This can easily replace, or go along with, sports betting. It can be very enjoyable as long as you don’t lose all the time.
AMD. Holy hell. Shoots the roof on Intel’s nano delay. and now after hours earnings massive beat the stock is ripping. Should we throw in some end of week lottos 78-80? or just like silver are the bigs gonna take their chips off the table ?
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AMD. Holy hell. Shoots the roof on Intel’s nano delay. and now after hours earnings massive beat the stock is ripping. Should we throw in some end of week lottos 78-80? or just like silver are the bigs gonna take their chips off the table ?
I am nearly all in funds with a couple of exceptions.
However, I am considering getting some of this stock.
The only thing holding me back is this scamdemic.
There are mask mandates all over now.
But my feeling is coronavirus is cured instantly in November.
If Biden wins it is cured overnight. If Trump wins the Left and Media will move to something else. But in the meantime there is a need for more masks and PPE.
Also, I like this stock more and more to play around with to daytrade myself. Right now I have a little free time to keep up with it some.
But if it drops back to 16-17-18 I think I might grab some and see if it runs up to 30-35-40 — That would be a nice return.
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Rush you are correct as well.
I am nearly all in funds with a couple of exceptions.
However, I am considering getting some of this stock.
The only thing holding me back is this scamdemic.
There are mask mandates all over now.
But my feeling is coronavirus is cured instantly in November.
If Biden wins it is cured overnight. If Trump wins the Left and Media will move to something else. But in the meantime there is a need for more masks and PPE.
Also, I like this stock more and more to play around with to daytrade myself. Right now I have a little free time to keep up with it some.
But if it drops back to 16-17-18 I think I might grab some and see if it runs up to 30-35-40 — That would be a nice return.
Well Intel I saw is going to outsource the production of newer chips. Was main cause of drop after hours the other day I heard and then opened way down. This coupled with delay should create good chances.
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Well Intel I saw is going to outsource the production of newer chips. Was main cause of drop after hours the other day I heard and then opened way down. This coupled with delay should create good chances.
Another reason im a big loser in this is because I have zero interest in politics. I’ve never voted for anything in my life except in junior high for the class president. Lol. Politics gotta Play a massive role in stocks and I know nothing about the “left” or the “right.” Conservative or.. whatever the hell the opposite is. Raiders be scarin me about the stock droppin back to the teens. Do that APT, But do it AFTER earnings. this week is supposed to be the ramp up. 1.6M in volume today. Not even half the average. this is embarrassing. The bigs know something and my five bucks doesn’t. APT should be getting way more play than this even though we still don’t have a concrete earnings date.
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Another reason im a big loser in this is because I have zero interest in politics. I’ve never voted for anything in my life except in junior high for the class president. Lol. Politics gotta Play a massive role in stocks and I know nothing about the “left” or the “right.” Conservative or.. whatever the hell the opposite is. Raiders be scarin me about the stock droppin back to the teens. Do that APT, But do it AFTER earnings. this week is supposed to be the ramp up. 1.6M in volume today. Not even half the average. this is embarrassing. The bigs know something and my five bucks doesn’t. APT should be getting way more play than this even though we still don’t have a concrete earnings date.
Thanks for the “guidance” raiders. But look more into AMD tonight and have a full report on my desk tomorrow by open. Want to know if I should throw a blindfold on and do the lottos on AMD 78-80. hehe
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Thanks for the “guidance” raiders. But look more into AMD tonight and have a full report on my desk tomorrow by open. Want to know if I should throw a blindfold on and do the lottos on AMD 78-80. hehe
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