₦airaland Forum

sonnie10:
If history is anything to go by, after an IPO shares tend to rally. It was $27 now $31, but there are quick money in other sectors.

Yeah that’s true, I’ve made off the jets etf... but I exited today.

Mcy56:
Northward movement is long overdue in Aiico. Only that there are lots of sentiments towards insurance stocks.
With the upcoming recapitalisation, I want to believe that some positive activities will occur in the sector.
We see how it goes.....

Heard it was partially postponed, it would be fully completed in 2021. The recapitalization I mean.

Skymoore1004:
Bro which app or site is this? Bamboo has been playing up lately. Need a switch

Have you messaged their customer care to complain and give them your mind.

The app is Robinhood, a free broker but it’s sadly not available for people living in Nigeria and some other countries.

I joined the Warner Music bus that did an ipo yesterday. Is anybody looking at it for a short swing?

Mcy56:
.....or rather stay alive to watch them pursuing the bus while you sit back and sip wine.
We see how it goes. We hope it doesn't disappoint.

Abi oh, we watch if it can break that resistance

Jumped int AIICO. Last last we perish

Coolcash1:
Tested the NYSE/NASDAQ waters yesterday for the first time and was a great feeling. I realize that its a market that is, of course deeper than nse and money could be lost or made within a blink of an eye. Based on financial management theory, I will say their market is an Efficient market where prices quickly reflect information about company performance, industry news and economic situation as Investors don't waste time reacting to such news in that clime...

However, i was shocked when a share that traded below $1 suddenly rose to almost $20 yesterday. I was stunned wondering why a stock will amass such crazy gain in a day. Anyways, i am gradually settling down to better understand the market more.

Haha I was watching a certain stock that rose by more than 2000% in weeks. The CEO would be an overnight billionaire
This is the link https://www.marketwatch.com/amp/story/guid/53E1B1C4-A5B8-11EA-9237-EF7B9133097E

thesilentone:
The same way options are enticing when it goes your way, it can go in the opposite direction too. As long as your upside is more than the downside, then you're a winner. I've seen and experienced 70% in a trading WEEK not a day before.

Yeah that’s true, I’ve gotten 60% in a day but sold immediately. I however always put a stop loss of 20% immediately I buy an option so when it drops by 20% it’s automatically sold and I take my loss and move on to the next one.

Just saw an option that rose 900% in a day. Men people are making money in this market tho

please how can i transfer my shares to another broker and is the process seamless? I've had it with afrinvest... maybe they don't exist to serve the retail investors. I've been trying to sell Mtn since morning it has been hanging, customer care no answer meanwhile they charge more than 1% for nothing. What nonsense. Maybe they want the price to reduce before they sell

DeRuggedProf:
Using a tusk to drink palm wine is for future glory.

The great eagle renews it's youth through shedding it's feathers.

As a child, a boy "A" of 12yrs is viewed as a great senior to a child "B" of 6yrs ,( 12/6 = 2). If A live up to 106yrs, and "B" up to 100yrs, they are likely viewed as age mates (106/100 = 1.06). Even Mathematics tends to relax it's assertiveness and approach unity for mediation...

Calculus is indeed a great tool nature always applied since creation before Isaac Newton and his friend cajoled it into a superiority defining weapon.

Glory, even beyond exceptional items and conquering speeding trains approaches....

A war WILL soon break out!
Don't drink using what can not be turned into a great weapon at the club!

Midnight approaches, the hour of honor approaches.

Black is not only worn for mourning, but a great camouflage for subtle night operations .

The porcupine will soon make the rabbits hole its home....

Sir you must be a poet

Cadbury 9 Naira

maryjames9:
Thanks. Your contribution is highly appreciated. I have the same sentiment as regards their possible overbought status, that is why I put the question here. I have other good stocks not far from 52 weeks low but didn't satisfy my criteria ( price below 10dols). Will buy some of these stocks so long there is still strong upward momentum and look for a possible reversal candle on the Daily TF while I keep setting SL at BE. However, i will not buy if i see don't see momentum on Daily TF again. Thanks again.

Okay good luck with your approach

For dividend hunters, these companies haven’t missed a dividend payment in 100 years

https://www.fool.ca/2020/05/29/these-3-canadian-dividend-kings-havent-missed-a-payout-for-100-years/

maryjames9:
Hello people. Please what is your take on these stocks

ZYNGA, VIPSHOP, VICINITY, STEADFAST. Still looking for high performance stock under 10 dollars. I noticed these stocks has has been very profitable over the last few months and still have enough momentum. Any suggestion or contribution is very much welcomed.

These names you mentioned are all solid and as you said you noticed they have performed over the last few months however in stock trading timing is key... looking at these stocks most appear to be close to their 52 week high. I don’t know your methodology for picking stocks but unless there’s very strong sentiment pushing them I would suggest they’re overbought already and may stall or face a reversal.

Regards.

Looking at shorting zoom, i feel its overvalued and although it’s business model is good, once countries start opening up over time earnings would drop, its on my watch list.

Good people of Nairaland, I have a passion for Business and Financial News reporting. If any Blog or Media Channel is interested in hiring for this position please pm me thanks.

My skills include but are not limited to:

Ability to meet daily, sometimes hourly deadlines, while working on longer term feature stories in the background
—Business reporting experience
—Interest in the Stocks reporting
—Experience balancing several projects at one time
—Commitment to quality, original reporting
—Comfort with financial news

I can send samples of my portfolio on request.

locodemy:
what did last time ,i learnt here,what I am doing now I also learnt here.The young shall grow.

Of course everyone is also in charge of his portfolio. I won’t go and hold anyone if things go south, where I one see am sef lol. I’m just glad to learn from everyone here.

locodemy:
It is not everything said by Oracle I follow but I also use my wisdom to pick the key info in his posts.oracle and oyinbo people have something in common and I guess he is being paid for his services.oracle never said anything that is not genuine but be careful not to be a prey to his traps.

I am still 100% in cash now.still watching the next phase of market.10 to 20% is still my new entry target.

I follow everything that guy says 100%

nna777:
Boeing

50% and counting.

Options or what sir? I’m in that boat

Mcy56:
Lol @ use Glo.
MTN is okay........just had little reservation for now based on one news. If you notice it's been struggling at the 120 arena...... will be okay once coast is clear.
Pls, not any advice to buy or sell. If you have it, hold.

Lol noted, on the chart I’m seeing it’s facing resistance at that 120. I’m holding tho. Would be watching thanks.

Mcy56:
As for me, out of the 4, it's only Wapco I can advice for now.
Allow dangcem to pullback a little.
This is just my opinion. I may update it later and copy you.

Don’t you rate Mtn mcy56 or you use Glo?

4Play:
I haven't had the time to check it but I suspect JetBlue (JBLU) also has a relatively solid balance sheet. So them and Southwest (LUV).

However, they didn't fall by much in the first place relative to some of the others like American Airlines (AA) or United Airlines (UAL). So the more solid the balance sheets, the less spectacular any price rises will be because people have been buying such stocks since March.

Talking about good balance sheets - there are also Accenture (ACN), Visa (V), Mastercard (M), Automatic Data Processing (ADP). There are lot of them, particularly in the technology sector, but again don't expect much price rises.

Has anyone looked at apparel stocks? People might be able to start shopping more clothes as lockdowns ease.

Good stocks, have you had a look at Boeing? They have recently resumed production of the 737. Would they move with airline stocks?

A very interesting one. Warren Buffett vs Robinhood traders.


There was a big surprise at the recent Berkshire Hathaway annual meeting.

Company Chairman Warren Buffett was unenthusiastic. He said the future is bright, but he didn’t sound upbeat about the near term.

He’s worried about the current crisis. That’s different than his attitude in 2008.

He was excited about stocks then. He even shared his view in The New York Times in a piece titled: “Buy American. I Am.”

While his words are important, as always with Buffett, we learn more from his actions. Probably the most significant action to consider is his recent inaction.

Buffett controlled $137 billion in cash at the end of March, $10 billion more than he had at the beginning of the quarter.

As stocks fell, Buffett didn’t buy. He was selling.

We know some of the shares he sold ended up in accounts at Robinhood. It’s a no-commissions broker that’s a favorite of millennials.

Investors need to ask: Would you rather follow Buffett or the individual investors at Robinhood?

This question offers insight into the current market rally.

Buffett Wants out … These Investors Want In

At the end of 2019, Buffett owned significant stakes in all major U.S. airlines.

His position included 11% of Delta Air Lines, 10% of American Airlines and Southwest Airlines, and 9% of United Airlines. These shares cost over $7 billion.

By the beginning of May, Buffett was out of these airline stocks.

He said: “We made that decision in terms of the airline business. We took money out of the business, basically even at a substantial loss. We will not fund a company … where we think that it is going to chew up money in the future.”

If Buffett wants out, it’s reasonable to wonder who would want in.

A small exchange-traded fund (ETF), the U.S. Global Jets ETF (NYSE: JETS), went from about $50 million in assets at the beginning of the year to more than $600 million.

The chart below shows the number of shares outstanding (the purple line) versus the price of JETS (the blue line).

As you can see, the amount of shares issued climbed sharply as Buffett was dumping the fund’s largest holdings and the price of JETS was falling:


That means U.S. Global had to create more shares of JETS to meet the demand of individual investors.

According to Robintrack, a website unaffiliated with the free broker, about 250 Robinhood customers owned shares of JETS in February. Now, more than 22,000 own JETS.

Warren Buffett is holding a record amount of cash. Individuals are bottom fishing. They’re hoping to benefit from a rebound.

Personally, I would follow Buffett’s lead.

Regards,

YerYer:
Wey done sir. I'm in the $16.5 may 29th boat. Your aspiration date shows 5/6, are you in europe?

I’m in Nigeria currently, I trade on the NSE normally but I’m trying to learn the ropes in trading option and futures, decided to learn from experience.

Olalekank:
What app is this
The UI looks awesome

Exactly, it makes me want to always open the app. It’s Robinhood.

YerYer:
Wall street analysts are talking about a pivot from growth to value stocks. Anyone know any good value stocks?

I’m no expert boss but maybe this could help https://www.google.com/amp/s/www.barrons.com/amp/articles/with-the-u-s-open-or-closed-from-coronavirus-comcast-wins-51590411601
How true is this?

Took a stab at futures of Virgin Galactic due to the voyage to space today by space x and NASA. I assumed that this would be a boost to confidence in the space industry and could have a positive ripple effect on the future performance of virgin galactic.
It’s 60% up today. Wish I put more

Thinkbigga:
I wish prices can rise more than 10% on a day like this

That’s why the US market remains it... but same way 30% can be lost in a day too in Dow Jones

10% everywhere

Zebra technologies is a company involved in data and barcode tracking, I’m thinking this bus has passed though, the price has gained about 20% in the past month, still worth a look though... this is an article written about the company below by analysts.

As businesses around the country reopen, the discussion has already turned to ‘contact tracing—tracking where people go and who they come in contact with—to prevent the spread of Covid-19. The question now: What it will look like in the U.S.?

Contact tracing has become part of China’s strategy to prevent another Covid-19 outbreak. Tracing aims to inform anyone who has come in contact with an infected person quickly, so they can be tested or self-quarantine. Tracing has been used in the past, but the issue is becoming more fraught with today’s advanced technology. And it isn’t clear if America will adopt a similar strategy to mitigate Covid-19 infections, or future outbreaks.

American cities and businesses are slowly reopening. As they do workers have questions about health and safety. Management, for its part, says they are committed to keeping employees safe. Neither side wants to see an accelerating number of Covid-19 infections.

The common playbook for reopening, or keeping open, business includes: more cleaning, shift staggering to minimize person to person interaction, temperature checks as well as contact tracing.

Widespread contact tracing is under way in China. The system is driven from the top down, by both regional and local government officials. What’s more, China is employing a new organization of workers to parse through contact data, alerting people who have come in contact with an infected person.

People in Wuhan, where Covid-19 was first identified, for instance, are given their own QR code. Those are the funny looking black and white patterns that are a modern derivative of black and white UPCs, ubiquitous on all consumer goods. The codes are scanned in when employees enter buildings or facilities, building a list of locations people have visited.

One business with operations in Wuhan, familiar with the Chinese system, told Barron’s the strategy probably wouldn’t fly in the U.S. Still, Google parent Alphabet (GOOG) and Apple (AAPL) are jointly developing APIs, short for application programming interfaces, that can run in the background of smartphones to do something similar to China’s QR code system.

The APIs are being requested by U.S. states as well as governments around the world. Apple and Google, for their part, are involved to ensure the apps work consistently. Both stress that no user identity is compromised and the system is designed to be opt-in.

The Apple/Google solution is very advanced. Americans, however, are actually used to a very basic form of contact tracing: On customs form number 6059B. That’s the blue card travelers fill out when entering the country. People are supposed to list what they are bringing into the country. Importantly, there is a question about visiting farms and livestock. That’s to prevent the spread of damaging agricultural pests around the globe.

The new Chinese contact tracing system also employs forms and questionnaires for travel within the country.

The one benefit of a nationwide standard is businesses don’t have to worry about internally developed solutions. Zebra Technologies (), maker of RFID—short for radio frequency identification—as well as hand-held computing devices, says it is taking inquires from businesses looking to do a better job of tracking employees in a post-Covid world.

—ZBRA

Even if a national standard supplants company level initiatives there are still opportunities for businesses, like Zebra, to develop apps and analyze data.