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Old 5 August 2020, 12:07 AM   #3871
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From a purely product point of view, I prefer NVDA based on their GPU pipeline - those are money makers. Just in the process of ordering a new one myself and they are not cheap. I've been meaning to add NVDA to the portfolio for a while, but have deferred in favor of allocating money towards other things the past few weeks.
I prefer NVDA as well including their products but that stock has run away from me
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Old 5 August 2020, 12:09 AM   #3872
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I keep selling covered calls thinking I'll pocket a few $ and sell at a higher price if exercised against me. It's 284 right now, so I'd sell the 290 calls, pocket the cash and if it closes above $290 I sell at that price to the buyer of the contract. But it keeps going up and up and I bail on the options because it makes more sense to be in the stock. Last time I did this was a two weeks ago and sold the 265 calls, expiring last Friday. I bought them back before they were exercised as the stock flew past 265 to mid 270's. I still made a little $ on the options.

Bulls, bears, and pigs... I'm just never good at recognizing when I turn from bull to pig...
Well only you can answer that question, it seems that you have a good strategy with the covered calls.

At some point how much of your gain are you willing to risk on a bad quarter or a market moving event? Perhaps at least put a sell stop/limit order somewhere below where you would want to protect your gains.
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Old 5 August 2020, 12:10 AM   #3873
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Too late to jump onto the PINS train?
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Old 5 August 2020, 01:07 AM   #3874
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Hello guys, I was looking for a little advice. I've been reading this from the beginning, I have a 6 figure stash getting nothing in the bank.
I did want to buy some stocks, but I like to gamble & i'm afraid of loosing it all in the market.
where can I put this cash get some return, without to much risk.
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Old 5 August 2020, 01:10 AM   #3875
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Loaded the dump truck on TQQQ. At 110.45. Sold at 123.42 yesterday. Still holding my core SPY position. Looking to buy Apple after split. Hopefully it pulls back a little.
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Old 5 August 2020, 01:12 AM   #3876
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Too late to jump onto the PINS train?
Nope. Added to my position here.

Look at price targets - you're still looking at roughly 25-30% upside. All things considered, there is much more runway here.

There will be rough spots without a doubt, but long-term you will be fine.
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Old 5 August 2020, 01:43 AM   #3877
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https://seekingalpha.com/news/359996...n-tiktok-axios

For those thinking that the TikTok buyout by MSFT is a slam dunk, think otherwise.

They are not the only player with skin in the game for an acquisition and like I said the other day, I would not be chasing MSFT just because of a potential takeover here.
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Old 5 August 2020, 01:58 AM   #3878
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Originally Posted by mwatt65 View Post
Hello guys, I was looking for a little advice. I've been reading this from the beginning, I have a 6 figure stash getting nothing in the bank.
I did want to buy some stocks, but I like to gamble & i'm afraid of loosing it all in the market.
where can I put this cash get some return, without to much risk.
The only way you'd lose it all in the market is if you put it all in one stock, and the company goes under.

Any investment in equities represents risk, so it's best to make a calculated risk.

If safety is the name of your game, look at companies with strong balance sheets like Berkshire, or, just take Buffet's advice and buy an index ETF of the SP 500 (VOO, VOOG, SPY, SPYG). I might wait for a pullback though, or dollar cost average over the next few months. The market is bound to correct at some point in the next 6 months from earnings fall/election year.



Also, don't throw all six figures in. Save some cash!
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Old 5 August 2020, 02:14 AM   #3879
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Originally Posted by mwatt65 View Post
Hello guys, I was looking for a little advice. I've been reading this from the beginning, I have a 6 figure stash getting nothing in the bank.
I did want to buy some stocks, but I like to gamble & i'm afraid of loosing it all in the market.
where can I put this cash get some return, without to much risk.

Taking money advice from strangers on the internet is probably not the way to go. Your risk tolerance and target profile are different than other folks here.

Most of my positions are in profitable companies and I focus on value investing. There is investing and there is trading. Know the difference.
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Old 5 August 2020, 02:20 AM   #3880
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Initiated Sep 18 calls on JMIA as an earnings play. Their e-commerce business has interested me in the past, though the infrastructure in Africa is what has stopped me from fully investing in them.

Figure that I can take the e-commerce / tech tailwinds with a couple calls here just to see where it goes - more of an educated gamble here than a true investment, but if I'm going to do it, today's the day with the stock down nearly 15% (after a couple days of truly high returns). If I lose it, no sweat; it will just validate that JMIA is not ready for primetime just yet.

Earnings play out on August 12, so we'll see if the company can come through.

https://www.globenewswire.com/news-r...of-Retail.html
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Old 5 August 2020, 02:30 AM   #3881
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Originally Posted by mwatt65 View Post
Hello guys, I was looking for a little advice. I've been reading this from the beginning, I have a 6 figure stash getting nothing in the bank.
I did want to buy some stocks, but I like to gamble & i'm afraid of loosing it all in the market.
where can I put this cash get some return, without to much risk.
You should seek out a local Investment advisor to work with you.

It sounds like you have little to no background in investing and any advice presented here could hurt you.
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Old 5 August 2020, 02:49 AM   #3882
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Don't think I would compare AMD and NVDA as competitors, they usually move in tandem (at Intel's expense!). One specialises in more in CPUs and other in GPUs and AI.

Both are great long terms holds I think, I'm currently still heavy in AMD but sold out of NVDA a couple years ago. I prefer AMD as they are the much smaller company with more potential for big pops (and I suppose bangs!).
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Old 5 August 2020, 04:28 AM   #3883
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Established a position in ZVO
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Old 5 August 2020, 06:27 AM   #3884
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https://www.cnbc.com/2020/08/04/disn...-earnings.html

DIS with the surprise EPS beat. I sold out of my position yesterday anticipating a miss, but the stock looks to be maintaining steady.

Overall happy with my decision, as I took profits to deploy it elsewhere. Will most likely re-enter DIS at some point, but not anywhere in the near future (unless there's a huge dip).
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Old 5 August 2020, 10:27 AM   #3885
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Originally Posted by jpeezy14@hotmail.com View Post
https://www.cnbc.com/2020/08/04/disn...-earnings.html

DIS with the surprise EPS beat. I sold out of my position yesterday anticipating a miss, but the stock looks to be maintaining steady.

Overall happy with my decision, as I took profits to deploy it elsewhere. Will most likely re-enter DIS at some point, but not anywhere in the near future (unless there's a huge dip).

I have been in and out of DIS since April. I was also expecting a drop after poor earnings but was pleasantly surprised. I got in after hours just under $118. If it continues to rise tomorrow, I’ll stay in a bit longer, but I’m not too optimistic and will look to get right back out if it starts to slide. Too much technical resistance around 124-ish in the short term for me to hold too long unless it breaks through convincingly.


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Old 5 August 2020, 08:35 PM   #3886
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Huge news out of the telehealth space - a merger between LVGO and TDOC has been announced:

https://www.globenewswire.com/news-r...xperience.html

Two market leaders joining together should generally be considered a great thing, though I honestly would have preferred to keep LVGO separate as a shareholder for the growth potential. I'm up 85% in the stock and the agreed upon numbers don't do all too much for me.

LVGO earnings were set for tomorrow but were released this am (beats on everything) and a conference call is set for this morning as well.

I thought today was going to be all about FSLY earnings, but this has totally blown me away. I'll have to revisit whether LVGO is something I want to stay in prior to the merger.
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Old 5 August 2020, 09:37 PM   #3887
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Huge news out of the telehealth space - a merger between LVGO and TDOC has been announced:

https://www.globenewswire.com/news-r...xperience.html

Two market leaders joining together should generally be considered a great thing, though I honestly would have preferred to keep LVGO separate as a shareholder for the growth potential. I'm up 85% in the stock and the agreed upon numbers don't do all too much for me.

LVGO earnings were set for tomorrow but were released this am (beats on everything) and a conference call is set for this morning as well.

I thought today was going to be all about FSLY earnings, but this has totally blown me away. I'll have to revisit whether LVGO is something I want to stay in prior to the merger.
I would not want to be diluted if I was a LVGO shareholder. Not sure what else to say
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Old 5 August 2020, 09:43 PM   #3888
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CVS with a big beat on earnings and revenue, share up 8.9% in the pre-market.

I have been waiting for this position to get moving and perhaps I can now feel better about holding it.

AMD continues to move, with the great earnings from TTWO, ATVI and EA people are starting to focus on the next generation of consoles. I am sticking with AMD here

https://www.thestreet.com/markets/ap...know-wednesday

This massively hated rally is now getting pushed by more stimulus talks. I am holding my cash levels but not selling anything else as I now feel that we can move higher even though the S&P is above street high estimates of 3300 (Tony Dwyer)

Targets need to be raised all over the place as this is becoming a very fragmented market from a technical perspective.
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Old 5 August 2020, 09:47 PM   #3889
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I would not want to be diluted if I was a LVGO shareholder. Not sure what else to say
Yeah, that's how I'm feeling (along with a lot of the LVGO stockholders). This was a growth vehicle that is now going to be tied down a bit.

I'm going to sell out of my calls which have doubled, and do more research into TDOC before touching my position in LVGO.

Previously owned TDOC but sold out; not 100% sure that I want back in.

Unwanted mergers...ugh.
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Old 5 August 2020, 10:49 PM   #3890
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Yeah, that's how I'm feeling (along with a lot of the LVGO stockholders). This was a growth vehicle that is now going to be tied down a bit.

I'm going to sell out of my calls which have doubled, and do more research into TDOC before touching my position in LVGO.

Previously owned TDOC but sold out; not 100% sure that I want back in.

Unwanted mergers...ugh.

Well this mornings news is unexpected, and frankly not welcome! Have to agree with you there. Now I'm not sure what to do with my position, either.
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Old 5 August 2020, 11:05 PM   #3891
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I've mentioned Emergent Biosolutions here, and the stock has been on a steady move higher. Up 5% premarket today on news that J&J has inked a vaccine deal worth 1 billion, and Emergent will be a direct beneficiary as they are manufacturing the vaccine and the value of their contracts are going to further expand.
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Old 5 August 2020, 11:41 PM   #3892
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Well this mornings news is unexpected, and frankly not welcome! Have to agree with you there. Now I'm not sure what to do with my position, either.
I sold out of about 20% of my position in LVGO right at open to secure some profit and I'm glad I did. The market is not responding well to this news, both on the TDOC and LVGO sides.

Maybe long-term this works out and I understand why it could stand to benefit (thus why I kept 80% in), but most shareholders would've preferred to keep LVGO separate and growing on its own, IMO.
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Old 5 August 2020, 11:49 PM   #3893
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I sold out of about 20% of my position in LVGO right at open to secure some profit and I'm glad I did. The market is not responding well to this news, both on the TDOC and LVGO sides.

Maybe long-term this works out and I understand why it could stand to benefit (thus why I kept 80% in), but most shareholders would've preferred to keep LVGO separate and growing on its own, IMO.

I closed my entire position at 143.50. I’d rather wait and see how things play out to decide if I want to re enter. I did not like how it was trading and had a gut feeling it was going to react poorly, considered selling pre market and wish I had now...


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Old 5 August 2020, 11:52 PM   #3894
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I closed my entire position at 143.50. I’d rather wait and see how things play out to decide if I want to re enter. I did not like how it was trading and had a gut feeling it was going to react poorly, considered selling pre market and wish I had now...


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Not a bad move.

I do like where TDOC is heading, and LVGO only bolsters the portfolio (TDOC is best in breed here).

BUT the short-term road bumps and loss of a multi-bagger in LVGO does make it all the more painful.
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Old 6 August 2020, 12:09 AM   #3895
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Opened up a couple of LEAPS in cyclicals (RTX, MGM, etc.); these are stocks that I think will do well in the long-run but that I don't necessarily want to own at the moment.

All the LEAPS that I bought into expire in January 2022 or later, so plenty of runway here and the premiums are not that bad, which is what makes them attractive.
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Old 6 August 2020, 12:15 AM   #3896
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Interesting move for LVGO/TDOC. Honestly I think this merger benefits TDOC more than it does LVGO. My concern with TDOC alone is that the service relies on having MDs, which kind of goes against the "tech and AI" aspect they say they are about, not to mention that MDs are not cheap labor. The service also really only applies to those without their own family doctor for urgent appointments. The remote aspect is nice, but there are many other video communication services available now that I can use to connect with existing patients if I need to. So from that perspective, TDOC adding LVGO makes sense as it adds a "no-MD required" aspect to their business. However, LVGOs services are fairly limited currently to diabetes, high blood pressure and weight management, which are important topics to be sure, but scaling up to cover the other areas of medicine/other chronic diseases is not going to be as easy as they make it sound, especially in light of other growing tech-medicine businesses. Would expect TDOC to just keep acquiring more businesses in this case.
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Old 6 August 2020, 01:34 AM   #3897
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Took advantage of the large downswing this am in TDOC (nearly -20%) to buy a few calls there as well; up 12% in my calls already as it steadies itself here.

Take advantage of the volatility, gents.
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Old 6 August 2020, 01:47 AM   #3898
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Take advantage of the volatility, gents.
What do you gents think about SRNE?
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Old 6 August 2020, 01:49 AM   #3899
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What do you gents think about SRNE?
I'm personally not investing in any of the vaccine plays, but I know others here are.
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Old 6 August 2020, 01:59 AM   #3900
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https://www.bloomberg.com/amp/news/a...verything-else

Good article for those interested in SE. And if you're truly looking at investing in the company, this 30-minute podcast on the company is a must listen:

https://www.fool.com/investing/2020/...-15-years.aspx

Earnings on the 18th, as an FYI.
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