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Stats: 2,968,662 members, 7,206,142 topics. Date: Thursday, 08 December 2022 at 10:50 AM
|Investment / Re: Us Stocks Pick Alert by YerYer: 8:34am On Jul 10, 2021|
I believe the foreign stock brokerages also have overhead cost and employees. However, the whole gamestop vs robinhood saga has shown that zero-commission trading also has a a hidden cost as the brokerages have to make money somehow. Like the old saying goes, if you are not paying for it, you are the product. I still believe the Nigerian brokerages will get better with time.
|Investment / Re: Us Stocks Pick Alert by YerYer: 3:03pm On Dec 04, 2020|
You make very good points. The author made his prediction based solely on technical analysis. I added the part about congress passing a bill to delist Chinese stocks as a reason for some investors to panic sell. While I believe in it's long term prospects and it has certainly sold off from its all time high of $57.2, the stock was $2.60 in April and currently hovering around $45 today, thats still a massive run-up in such a short period of time. I plan to hold and buy the dip if it corrects as this is a long term trade for me.
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|Investment / Re: Us Stocks Pick Alert by YerYer: 12:37pm On Dec 03, 2020|
I said I will post trade alerts and whatnot from my subscription of Jim Cramer's thestreet.com newsletter. One of his authors is warning that a correction in NIO is imminent. He also determined this using the on balance volume, MACD and moving averages. He has been wrong on the stock before, he called for the top back in September but the stock has doubled since then. He admitted to being wrong but still feels like a correction is near.
I have a small position in NIO in my long term account
and I don't really plan on selling. Trump has threatened to delist Chinese companies from U.S stock exchanges which has increased the sell pressure on several Chinese stocks. Unlike many other Chinese companies, NIO is audited by PWC, a reputable international accounting firm, so their book is transparent and they might avoid delisting. However, investors might panic sell which may cause a short term dip... plus just because they are transparent doesn't mean they will break rules imposed by China. Heck, Jack Ma's ANT IPO has been put on hold because he ruffled some feathers at he People's Bank of China.
Like always, long term investors can hold for years without shaking but short term investors can set stop sell orders for protection.
|Investment / Re: Us Stocks Pick Alert by YerYer: 10:14am On Dec 01, 2020|
Lol the feeling is mutual. I also lost money on Moderna, but in my case it was a short term trade on vaccine news, I had no intention to hold long term. I'm sure we can all look at different stocks we've held at one point and wish we just held them long term but money is finite and there will always be opportunities ahead.
|Investment / Re: Us Stocks Pick Alert by YerYer: 11:18am On Nov 23, 2020|
Madam I like what you've done here. If we can all merge heads together and drop recommendations from paid newsletters, it will help many people. Please don't stop dropping alerts. I also subscribe to Jim Cramer's Thestreet.com newsletter, although I haven't really been using it cuz they send alerts mostly during the day when I'm sleeping. But I can also post what I consider as good recommendations with their rationale if it will benefit anyone. But one has to do their own research before pulling the trigger.
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|Investment / Re: Us Stocks Pick Alert by YerYer: 11:13am On Nov 23, 2020|
You are addicted sir
|Investment / Re: Us Stocks Pick Alert by YerYer: 3:14pm On Oct 21, 2020|
Did you sell? I think sold too soon lol, but profit is profit. Netflix and alot of these Internet stocks are over extended, plus, netflix has history of selling off post earnings anyway. Tesla reports today I believe, I might buy an OTM put, not sure yet.
|Investment / Re: Us Stocks Pick Alert by YerYer: 4:43am On Oct 21, 2020|
Forreal bro, earnings trade is borderline gambling tbh. It can be exciting however. I also took a stab at Netflix (NFLX); bought the $497.5 put expiring Oct23rd. Netflix is down 5.6% after missing earnings expectations. I chose an OTM strike price, i'm just hoping theta doesn't drastically reduce the premium tomorrow. If the stock keeps falling, I should etch a small profit.
Also, Pinterest (PINS) reports earnings on Oct 28th. A ton of advertisers who boycotted Facebook, spent all their ad budget in snapchat and Pinterest. I might buy a few call options or shares in Pinterest as an earnings trade.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:38am On Oct 21, 2020|
Snapchat (SNAP) reported stellar Q3 earnings today
- 250 million daily active users up 18% YOY
- Quarterly revenue beat estimate
- Company posted a surprise profit of $0.01/share
A couple minutes before the market closed, I bought the the $28 call options expiring on October 23rd. This was an earnings play, hit or miss. I felt like snapchat hasn't been involved in all the drama affecting other social media companies. Facebook (FB) has had its spats with the President and now congress is accusing the company of being a monopoly and threatening to break them up. Twitter (TWTR) has also been in the crosshairs of congress, they've been accused of censorship and being an arbiter of truth. Tiktok is in a legal battle to continue operations in the U.S where the president has accused the company of sharing users' info with the Chinese government. Snap has manged to avoid all the drama quietly while growing its user base and attracting advertisers looking for a safer platform to place ads.
SNAP shares rose 24% to $35 afterhours, if it holds or goes higher before market open, these call options will be worth something tomorrow. I plan to sell at market open, as we've seen stocks temporarily sell off post earnings.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:31am On Oct 21, 2020|
I closed out of this trade on October 6th for a profit of $400. It has become apparent that congress and the prssident are playing politics. With Biden leading in the polls and the election being 2 weeks away, I doubt Nancy Pelosi the leader of the house of rep will sign any stimulus deal that will help Trump's reelection bid. We will get more news tomorrow, but I'm not holding any stimulus dependent stock until we have a clearer path.
2 Likes 1 Share
|Investment / Re: Us Stocks Pick Alert by YerYer: 12:58am On Oct 02, 2020|
Look who's back into Overstock (OSTK) after losing a nice chunk. I bought the November 20th $65 call yesterday; played it safe by picking an In-the-money strike price and an expiration date 7 weeks away. Bed Bath & Beyond reported a surprise profit yesterday and the stock shot up over 30% today! All the home decor retailers like Overstock (OSTK) Wayfair(W) and At Home Inc (HOME) shot up nicely inresponse. I'm Currently up 40% on the call option.
If another stimulus package is approved, the home decor retailers will benefit big time. Once they approve the stimulus, I will add to my position immediately, if its not approved, I will sell and run.
|Investment / Re: Us Stocks Pick Alert by YerYer: 12:44am On Oct 02, 2020|
Mehn, I bought before earnings and sold at $95 for a nice profit. The stock is unstoppable, even renowned short seller Andrew Left has thrown in the towel and he's now regretting why he didn't go long.
|Investment / Re: Us Stocks Pick Alert by YerYer: 1:58pm On Sep 09, 2020|
That's actually a good strategy. I usually don't short stocks but, I see the logic in your approach. I will use it going forward
|Investment / Re: Us Stocks Pick Alert by YerYer: 1:56pm On Sep 09, 2020|
You are right. They announced it yesterday and the stock popped. It's up today as well
|Investment / Re: Us Stocks Pick Alert by YerYer: 12:27am On Sep 05, 2020|
Stop limit order took me out of Overstock (OSTK) at $63. I tried to reduce my cost average by buying the dip but it didn't pan out as planned and my stop loss order took me out today at $63. I dont have that glorious red screenshot to show but I posted all my transactions in this stock. I believe I'm down over $6k.
Not sure where the market is heading but I'm trying to build up my holdings in quality stocks for long term. AMZN, MSFT, FB and SHOP are definitely on my list.
Not a stock investment advice.
I'm tired of antispam bot banning me every week. I don't even understand anymore.
|Investment / Re: Us Stocks Pick Alert by YerYer: 12:21am On Sep 05, 2020|
I still think PTON is a buy. I plan to buy shares before earnings because I think theh will crush it. This is my thought only and not an investment tip o.
|Investment / Re: Us Stocks Pick Alert by YerYer: 10:01am On Aug 31, 2020|
The 1 Amazon stock I bought in April is now up 58% or $1264. I plan to hold or even add to my position. Going forward I plan to be invested mostly in tech no matter what happens. Just imagine what would happen if Amazon announces a stock split like Apple & tesla.
|Investment / Re: Us Stocks Pick Alert by YerYer: 9:56am On Aug 31, 2020|
Mine split already. Like Lafuria1 said, allow 24hrs for adjustment.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:30am On Aug 31, 2020|
Sorry bro. I'm not familiar with either one.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:24am On Aug 31, 2020|
Yes sir. Paper loss until I sell. I plan to hold a bit though.
|Investment / Re: Us Stocks Pick Alert by YerYer: 7:18am On Aug 28, 2020|
Monitoring but not in it.
|Investment / Re: Us Stocks Pick Alert by YerYer: 5:15am On Aug 28, 2020|
Overstock (OSTK) dipped down to $90 earlier today and closed at $96.05. I'm down 21% or $1289. The stock dropped like a rock today partly because of a decrease in coronavirus cases in the U.S and competition from Facebook Shop. I bought a few more shares to reduce my cost basis. I think the reaction is over done and will add to my position as it drops.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:38pm On Aug 24, 2020|
Bros I'm sure others have answered your question
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:34pm On Aug 24, 2020|
Mehn this fastly just dey make me laugh sometimes. I dey look am when e drop to $75 and I wan place my buy order but fear dey catch me because of the U.S China spat. But it's important to remember that Tiktok makes up only 10% of Fastly's revenue, so while they may lose a big customer, these guys are doing business with other big companies. Its just that you cannot predict investor's sentiments, they may overreact. If Oracle, Microsoft or someone else takes over Tiktok's US services, fastly should shoot to the stars. A reputable analyst even upgraded the syock today with a price target of $100. I might buy a few if it dips.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:28pm On Aug 24, 2020|
Lol, next thing now we go hear say Walmart, Target or another big player wan buy am... e go mooooon
|Investment / Re: Us Stocks Pick Alert by YerYer: 3:45pm On Aug 19, 2020|
FOMOed back into Overstock (OSTK). Wayfair (W) another online retailer of home goods has a market cap of over $31B while Overstock is just $5.3B. As we all know, many people are using this period to refurnish their homes hence the reason why online home goods retailers like Wayfair (W) and William Sonoma (WSM) have been on a tear. If you've been holding this stock since Oakpearl recommended it, congrats, I got out at $90. Plan to dollar cost average my position if it drops to $90.
|Investment / Re: Us Stocks Pick Alert by YerYer: 3:15pm On Aug 19, 2020|
Congrats!! Those are high quality stocks. You will keep winning.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:52pm On Aug 18, 2020|
Wow, those are great picks. I'm tempted to get back into OSTK. Will add STAG to my watchlist, thanks.
|Investment / Re: Us Stocks Pick Alert by YerYer: 2:14pm On Aug 18, 2020|
What are you buying or paying a close attention to?
|Investment / Re: Us Stocks Pick Alert by YerYer: 7:52am On Aug 18, 2020|
My dear i'm still here. I plan to make some spontaneous trades this week and I will definitely post the moment I do so you can
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