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YerYer's Posts

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Investment / Re: Us Stocks Pick Alert by YerYer: 8:34am On Jul 10, 2021
QuinModah:
They cannot so zero commission, they pay for renewal of license fee to SEC, rent, utility bills, salaries to name a few, rather they would rip Nigerians off with their charges, notably to mention is Chaka

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.

4 Likes

Investment / Re: Us Stocks Pick Alert by YerYer: 3:03pm On Dec 04, 2020
ChybuzzDD:


Hasn't NIO taken some corrections already?
Abi the guy wants it to hit $1?

Meanwhile, as for the delisting, it doesn't have anything to do with Trump specifically.
Both the house of Reps and Senate have passed the bill, and planning to pass it forward to Trump for signing into law, just like any other bill.
Companies will be given 3yrs to comply with the new law or be delisted thereafter.

However, I'll be waiting for people to ignorantly panic sell today so I can buy cheaper.

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.

3 Likes 1 Share

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
ChybuzzDD:
This life no balance at all.
Once upon a time in May, I bought some shares of MRNA @$86.20 and sold at a loss 2days later @68.39, just to cut my so-called loss.
Today, MRNA shares go @$152.74/share, with still more upside remaining.

This business requires patience, irrespective of price movements, especially after a good DD has been done.

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.

4 Likes

Investment / Re: Us Stocks Pick Alert by YerYer: 11:18am On Nov 23, 2020
InaNla:
I don’t even know how to give my own recommendation?


I have up to 3 paid stock recommendation services.

If required I can be posting the stickers but as not a recommendation to buy.

Today’s is TSM, initial price target for TSM stock is 107.28 per share. DD advised.

For MF: today’s is ZBRA.

It’s always better when you have the ability to buy fractionally at zero or minimal costs to cut down the average price.

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.

8 Likes 1 Share

Investment / Re: Us Stocks Pick Alert by YerYer: 11:13am On Nov 23, 2020
OakPearl:
This stock market be making weekends so boring. angry

You are addicted sir
Investment / Re: Us Stocks Pick Alert by YerYer: 3:14pm On Oct 21, 2020
ebuka1997:


You’re very shrewd, how did you know to buy a pit in Netflix. I’ll be selling my snap as soon as market opens, how to get a tidy profit.

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
ebuka1997:


Whoa, that’s certainly worth a fortune. I took a Gamble but just with a little money

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
YerYer:
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.

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.

4 Likes

Investment / Re: Us Stocks Pick Alert by YerYer: 12:44am On Oct 02, 2020
ebuka1997:


Pton is definitely breaking $100

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
BLAQBOYFLY:
I have a trading pattern i use when i want to invest in a stock with leverage but the stock might go down especially during a selling period. if you've already opened a long position & see that the stock is trailing down faster than expected,instead of waiting to BUY the DIP you should simply open a SHORT position on the same stock equivalent or greater than your original long position quantity,that way you're not loosing on subsequent downturn but must know when to close said short position to begin the journey long. A lot of people using leverage need to learn how to short a stock,it doesn't always go UP especially when the market is this volatile.

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
ebuka1997:


They apparently plan to introduce low cost bikes which would make it more affordable for low income customers. This is positive.
https://www.google.com/amp/s/www.marketwatch.com/amp/story/peloton-planning-new-higher-end-spin-bike-and-cheaper-version-of-its-treadmill-report-2020-09-04

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
YerYer:
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.

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.

6 Likes

Investment / Re: Us Stocks Pick Alert by YerYer: 12:21am On Sep 05, 2020
ebuka1997:


Watch for pullbacks, this would beat earnings next week

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
YerYer:
I'm buying Amazon (AMZN). They are hiring about 75,000 people after just hiring 100,000 people last month. In a time when most companies are laying off employees, these guys can't even keep up with the demand. They had suspended sale of non essential items just to focus on really needed merchandise during the coronavirus outbreak but today they just announced that they will be selling non-essential items once again. As more people are stuck at home, they continue to buy everything online even groceries. This is one of my favourite companies of all time. I made $25k profit on this stock alone 2 yrs ago (https://www.nairaland.com/2460429/us-stock-market-even-playing/15). I bought 1 share at $2150 and plan to buy the dips.

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
SeriosPerson:
Goodmorning.
Why did the AAPL stock split wipe off 3/4 of my AAPL stock value without increasing the number of my shares? This is a noob question so bear with me.

Mine split already. Like Lafuria1 said, allow 24hrs for adjustment.
Investment / Re: Us Stocks Pick Alert by YerYer: 2:30am On Aug 31, 2020
Care4:
Hello investors and traders.

I am between trade212 and ChoiceTrade. Kindly share your experiences or recommendations.
Thanks.

Cc: @oakpearl @yeryer @jayjaycee18 @skymoore1004

Sorry bro. I'm not familiar with either one.
Investment / Re: Us Stocks Pick Alert by YerYer: 2:24am On Aug 31, 2020
OakPearl:


When the market reacts, it's almost always extrem whether positive or negative.

As you very well know, every loss is on paper until you sell.
Your decision to buy the dip is what I would have done.

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
Penboy:
Who is monitoring Salesforce.com?? ($CRM)

Monitoring but not in it. cry
Investment / Re: Us Stocks Pick Alert by YerYer: 5:15am On Aug 28, 2020
YerYer:
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.

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.

1 Like

Investment / Re: Us Stocks Pick Alert by YerYer: 2:38pm On Aug 24, 2020
megamart247:


Now My questions

Are the charges okay compare to those using ECOBANK & ZENITHBK.. because I have dollar too with those 2 banks..

cc Skymoore1004, OakPearl, YerYer, OvaSabi1,Nigsrdumb, 4play, InaNla.

Bros I'm sure others have answered your question
Investment / Re: Us Stocks Pick Alert by YerYer: 2:34pm On Aug 24, 2020
ebuka1997:

Oh yeah, those stocks are bad companies, they’re just for trading and taking profits
For next week I’ll be watching fastly for long term, they fell largely due to the Tik too issue and I believe they’ll be a correction... bosses @oakpearl @yeryer please your thought on this?

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
OakPearl:


All we need is more bites of patience for this one.
Investor sentiment for it is great with the fundamental structures they have been putting in place. As I no fit close eye buy Amazon for $3,000 na, I don sidon tight for this one.
Na my own Amazon be this. grin

The recent jump to $127 was due to latest analysts' recommendation that it should be selling at a target price of $140/share.

Not a buy or sell recommendation.

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.

4 Likes

Investment / Re: Us Stocks Pick Alert by YerYer: 3:15pm On Aug 19, 2020
proprp:
In the spirit of sharing, I thought I share my portfolio. I am new to the stock trading / investment in stocks and I have reading comments from others, watching CNBC smiley, watching investor clips and reading loads. I have made some mistakes, lost some and gain some, but feel like I am getting better daily. So my advice is to keep learning and researching.

Congrats!! Those are high quality stocks. You will keep winning.
Investment / Re: Us Stocks Pick Alert by YerYer: 2:52pm On Aug 18, 2020
OvaSabi1:


For now, nothing because I will be busy within the next few weeks. But last week I stocked up on the following:

$OSTK $BWX $ARKK $STAG $VT

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
OvaSabi1:


I am still here

What are you buying or paying a close attention to?
Investment / Re: Us Stocks Pick Alert by YerYer: 7:52am On Aug 18, 2020
InaNla:
God will not shame us.

@OvaSabi1
@YerYer
@OakPearl
@Skymoore1004
@All

You guys cannot afford to go to sleep and abandon the ship oooo. embarassed

It may interest you all to know that I have paid services of Motleyfool, Marketbeat, & Zacks but since I started reading commentaries and recommendations of the bosses/active players here, I am over 58.89% better off.

Your daily / weekly / or spontaneous post on stocks direction are well appreciated. I am always glue to the thread.

Kindly do not be silent.

Wishing us all the best...

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 lose I mean make money with me. Expect more screenshots.

6 Likes

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