I'm happy discovering this thread

I would love answers to some of my questions here.

1. What app do you use to invest? I have tried using Bamboo and it takes like 24 hours before it processes the stock. Is there anyone that processes the stock in real time?

2. In cases where stock prices drop before it is a able to process, how do you handle this? Say for instance, at the point of buying the stock, the stock price is $180 but when the stock is successfully processed, you are debited $190


Thanks

OakPearl:
STOCK FOCUS:
ROKU (Yesterday's price $113)

Based purely on technical analysis, this will give a quick returns.
For those who understand technical charts, ROKU is now sitting on a beautiful "Double-Bottom" as shown in the attached chart which is sure to give a good short term return.
I am in.

It was $107 on monday, now it is $130, bought a few, sad I wasn't able to buy much.

Empress2014:


It was $107 on monday, now it is $130, bought a few, sad I wasn't able to buy much.

I just checked the stock

THE STOCK ROSE BY 40% IN THE PAST WEEK
THAT'S MASSIVE

Lalaska:
Sold my Netfllix this morning after reaching their 52 week high @$440. I bought it on Monday @$383.
We are making gradual progress. i want to do a mix of long term stocks (e.g. Apple and Canadian big 6 banks) and short term stocks (e.g. Tesla, Netflix).
I cant do alot of trading in my tax free account not to incur the wrath of the taxman.
Maybe Ill open another account that's taxable just for day to day trading.

Sweet win.

Olalekank:

I just checked the stock

THE STOCK ROSE BY 40% IN THE PAST WEEK
THAT'S MASSIVE

Really massive, its keeping my portfolio lively. JPM just keeping up with the red color.

Olalekank:
I'm happy discovering this thread

I would love answers to some of my questions here.

1. What app do you use to invest? I have tried using Bamboo and it takes like 24 hours before it processes the stock. Is there anyone that processes the stock in real time?

2. In cases where stock prices drop before it is a able to process, how do you handle this? Say for instance, at the point of buying the stock, the stock price is $180 but when the stock is successfully processed, you are debited $190


Thanks

Some hidden charges maybe. Not sure, the gurus in the house might be able to explain.

Empress2014:


It was $107 on monday, now it is $130, bought a few, sad I wasn't able to buy much.

Strong instincts you've got.
Not to worry.
More wins ahead.

Olalekank:

I just checked the stock

THE STOCK ROSE BY 40% IN THE PAST WEEK
THAT'S MASSIVE

That's N100k turned N140k within a week in this lock down season.

OakPearl:


That's N100k turned N140k within a week in this lock down season.

Yeah right

Please find my response in green font beside your questions.
Happy investing.

Olalekank:
I'm happy discovering this thread

I would love answers to some of my questions here.

1. What app do you use to invest? I have tried using Bamboo and it takes like 24 hours before it processes the stock. Is there anyone that processes the stock in real time?
I use Trove and Chaka(Tried once and didnt find the user-interface that friendly).

2. In cases where stock prices drop before it is a able to process, how do you handle this? Say for instance, at the point of buying the stock, the stock price is $180 but when the stock is successfully processed, you are debited $190
That's a painfully slow turn around.
I bought ROKU today using Trove and found it added to my portfolio in seconds.


Thanks

OakPearl:


That's N100k turned N140k within a week in this lock down season.

Chai

See money oo

OakPearl:
Please find my response in green font beside your questions.
Happy investing.

Thanks for the apt response!
Downloaded Trove already

Patiently waiting for recommendations from bosses here

What do you bosses see to halibuton at 6 dollars

Olalekank:

Thanks for the apt response!
Downloaded Trove already

Patiently waiting for recommendations from bosses here

There is still a grey area that I await Mr Tomi to respond to regarding dividend payout. Most stocks in my portfolio are dividend-paying stocks, but I have not received the dividend that was paid by one of my holdings on 14/04/2020. On the other hand, I received email notification inviting me to the AGM of one of my dividend-paying holdings on Chaka and my dividend reflected in my trading account afterwards.

I so much love Trove's interface, but it seems I would have to invest in non-dividend paying firms through the platform while I buy dividend-paying stocks through Chaka.

seyisanya:
There is still a grey area that I await Mr Tomi to respond to regarding dividend payout. Most stocks in my portfolio are dividend-paying stocks, but I have not received the dividend that was paid by one of my holdings on 14/04/2020. On the other hand, I received email notification inviting me to the AGM of one of my dividend-paying holdings on Chaka and my dividend reflected in my trading account afterwards.

I so much love Trove's interface, but it seems I would have to invest in non-dividend paying firms through the platform while I buy dividend-paying stocks through Chaka.

I maybe moving to Chaka if Trove App do not sit up with dividend paying stocks.

I be long-termer here

abuhusna1:

What do you bosses see to halibuton at 6 dollars

Just like Schlumberger...it remains a battered territory as long as oil glut continues....

abuhusna1:

Finally joined you @ 2350. Going forward any doom on market this is the only stock I will spend my life savings on

Seriously, it is such a well run company, it's amazing how such a behemoth can be so innovative and never resting on its laurels.

OakPearl:
STOCK FOCUS:
ROKU (Yesterday's price $113)

Based purely on technical analysis, this will give a quick returns.
For those who understand technical charts, ROKU is now sitting on a beautiful "Double-Bottom" as shown in the attached chart which is sure to give a good short term return.
I am in.

Nice analysis. I started buying the stock in january for $134 but it kept falling so I added to my position in small trenches, last purchase was in march for $100 but it kept dropping. I didn't add more after that although I wish I did, it fell to $60. My cost average is $120.93 so it's nice to finally see it make a turn around. I will place a tight sell order just as protection since it has rallied hard in 1 month.

abuhusna1:

What do you bosses see to halibuton at 6 dollars

I will be cautious with Halibuton (HAL). OPEC just cut global oil demand forecast and the stock has rallied some 20% since march 18th. It is amongst the worst performing stocks of 2020. If I were to buy the stock, I will do so at this level with a price target of $8 or 10% increase from today's close.

YerYer:


I will be cautious with Halibuton (HAL). OPEC just cut global oil demand forecast and the stock has rallied some 20% since march 18th. It is amongst the worst performing stocks of 2020. If I were to buy the stock, I will do so at this level with a price target of $8 or 10% increase from today's close.

Thanks boss exactly what I think. Just riding it on a short term

I just bought Kraft Heinz Company (KHC) at the closing. Someone recommended this stock on this thread a while back for its dividend yield. The stock has been moving sideways to lower trend in the past 12 months. The chart looks like it is bottoming and with the increase in eat-at-home due to the coronavirus I think it may be worth taking a shot at it. The 5.7% dividend yield is also juicy although I don't know how safe it is.

I also bought a few shares in CrowdStrike (CRWD) the cyber security firm. I have been in and out of this name in the past but this is a speculative trade. I'm going the stock rallies past its february high of $66.68, if it does it may go as high as $75. I will set a sell stop order at $50 to take me out if it fails.

I don't know if anyone is in this name Chewy (CHWY) the online pet and grooming supplies store. This company, like Zoom, Teledoc and a few others have benefited from the pandemic. Traders rejected it at the high $40s. I closed the call options on monday for a nice gain but I still own a few shares. I'm setting my sell stop order at $39.

OakPearl:
Happy Easter great people.
Gilead holders, this could be another reason to hold or ride the news.

STOCK FOCUS: GILD ($76.54)
The ETF that tracks the S&P 500 rallied in after-hours trading today after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus.

Gilead Sciences shares surged by more than 15% in after-hours trading Thursday after an industry publication said Covid-19 patients being treated with the company’s antiviral drug Remdesivir appear to have “rapid recoveries in fever and respiratory symptoms.” 

Gilead holders get set for a good ride tomorrow.
I hold some position here too; so I guess am gonna be a part of the jolly ride.

which one should i register out of the 3 app you mentioned earlier

OakPearl:
STOCK FOCUS:
ROKU (Yesterday's price $113)

Based purely on technical analysis, this will give a quick returns.
For those who understand technical charts, ROKU is now sitting on a beautiful "Double-Bottom" as shown in the attached chart which is sure to give a good short term return.
I am in.

What website or app is this? I like the UI

gamaliel9:



Just like Schlumberger...it remains a battered territory as long as oil glut continues....

But slb moves as high as $30 on some good days, so it may serve for some short term trading.

P.S: this is not an investment advice. DYDD.

Stock futures look good / green for morrow .. We keep Watching as we trade

Do you have any reference as regards the taxman frowning against trading in your TFSA account?

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account/open-a-tfsa.html

This indicates you can buy and sell. Its called self-directed TFSA

Lalaska:
Sold my Netfllix this morning after reaching their 52 week high @$440. I bought it on Monday @$383.
We are making gradual progress. i want to do a mix of long term stocks (e.g. Apple and Canadian big 6 banks) and short term stocks (e.g. Tesla, Netflix).
I cant do alot of trading in my tax free account not to incur the wrath of the taxman.
Maybe Ill open another account that's taxable just for day to day trading.

Hey Seyi,

Dividends for US stocks are paid to your dollar wallet. You can also view dividends paid to you on your monthly statement available in the downloads center in the settings of the app. Please note that dividends on fractional shares take a day or two to reflect in your wallet as they dividends have to be divided amongst each holder of a portion of a share.

seyisanya:
There is still a grey area that I await Mr Tomi to respond to regarding dividend payout. Most stocks in my portfolio are dividend-paying stocks, but I have not received the dividend that was paid by one of my holdings on 14/04/2020. On the other hand, I received email notification inviting me to the AGM of one of my dividend-paying holdings on Chaka and my dividend reflected in my trading account afterwards.

I so much love Trove's interface, but it seems I would have to invest in non-dividend paying firms through the platform while I buy dividend-paying stocks through Chaka.

OakPearl:


STOCK FOCUS: GILD ($76.54)
The ETF that tracks the S&P 500 rallied in after-hours trading today after a report said a Gilead Sciences drug was showing effectiveness in treating the coronavirus.

Gilead Sciences shares surged by more than 15% in after-hours trading Thursday after an industry publication said Covid-19 patients being treated with the company’s antiviral drug Remdesivir appear to have “rapid recoveries in fever and respiratory symptoms.” 

Gilead holders get set for a good ride tomorrow.
I hold some position here too; so I guess am gonna be a part of the jolly ride.

Nice one

Olalekank:

Nice one

Oakpearl I am grateful for the positive news on gilead. I am so selling apple to buy it and go back apple with the money if it works as plan cos i still can not forget how chlorox made some people a grewt fortune
Please don't stop hinting us only God can reward you and others.

tommieen:
Hey Seyi,

Dividends for US stocks are paid to your dollar wallet. You can also view dividends paid to you on your monthly statement available in the downloads center in the settings of the app. Please note that dividends on fractional shares take a day or two to reflect in your wallet as they dividends have to be divided amongst each holder of a portion of a share.

Hi Tomisin,

I went through some of the posts on the thread and realized you are a co-founder at Trove.

I just discovered the app yesterday and it's quite a nice app but I was wondering why there's a low social media engagement.

I got to know about the other investment alternatives via Twitter. Upon searching for Trove on Twitter, I couldn't really find you guys (although I found a Troveapp which has 0 post).

Keep on with the hardwork. We are solidly behind you.



Also, what's the average timeframe for dollar deposits?