Stock Market 2020

Collapse
X
Collapse
First Prev Next Last
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Stock Market 2020

    I'm reducing my investment in PBB, so I'm hoping the smart stock investing people are here now.

    I've been able to ditch 40% of my Southwest with the run it's been on for the last 2 days. Glad to get part way out with a small gain.

    #2
    Gran Colombia is still on a tear. It broke $5.00 this week. I bought in a $2.21 it currently represents 95% of my portfolio. I expect a pull back in the short term but $5 is the floor for a lot of investors so this is a critical value. It could completely break out from here.

    Comment


      #3
      I really hope that XtreemJ will come over here. I always enjoyed his posts in this thread. If he doesnt make it, maybe Ill go PM him on Pirate4x4

      Comment


        #4
        I'll be happy when silver takes off again, I did really well from 2007-2011

        I'm debt free, and waiting for things to drop more before buying a house and equipment. If it takes too long, maybe I'll build on some land I own. Mostly just watching.

        Comment


          #5
          Originally posted by Projectjunkie View Post
          I'll be happy when silver takes off again, I did really well from 2007-2011

          I'm debt free, and waiting for things to drop more before buying a house and equipment. If it takes too long, maybe I'll build on some land I own. Mostly just watching.

          I think the precious metals are still in the beginning of a long bull run.
          I like physical, but if I was younger I'd play the miners and royalty companies.

          Comment


            #6
            Almost everything is still going up. I took the $ from Southwest and went with VYM, taking a long term conservative approach. Not exciting but I currently don't have the time to make a lot of moves. Also don't have the free $ to move around. Hopefully I'll get there soon by adding more each month.

            What YouTube channels do you follow for investing?

            Comment


              #7
              Interesting fact, the number of small individual stock accounts doubled in the last few months as small investors pile into the market. The big smart machine is going to have a nice lunch at some point soon. Same shit every fuggin time.

              Comment


                #8
                The Gran Colombia, Gold X mining merger fell through.

                it didn't upset the Gran Colombia value, but Gold X fell back under $2.

                Comment


                  #9
                  Glad this has been resurrected here. I hope XtremeJ comes back here too, as I was picking up some good info and strategies from him...

                  On topic.... PCG stock looking good as PG&E enters into the final Bankruptcy confirmation hearings, concurrently with the CPUC's awaited approval of the bankruptcy plan. So far over 85% of the wildfire victims have approved the plan. If PG&E emerges from bankruptcy prior to June 30, they will be eligible to dip into the newly established wildfire fund set up by the State. This will bolster future investor confidence.

                  As a metric, I invested $50k at just under $7 earlier in March.....today it's hovering around $11.70. Pre-pandemic it was in the $20's range, and prior to bankruptcy it was in the $60's range.... I guessing it will settle in around the high $20 to mid $30's for the near term when they emerge from bankruptcy protection.....

                  Comment


                    #10
                    Originally posted by GonPostal View Post
                    Glad this has been resurrected here. I hope XtremeJ comes back here too, as I was picking up some good info and strategies from him...

                    On topic.... PCG stock looking good as PG&E enters into the final Bankruptcy confirmation hearings, concurrently with the CPUC's awaited approval of the bankruptcy plan. So far over 85% of the wildfire victims have approved the plan. If PG&E emerges from bankruptcy prior to June 30, they will be eligible to dip into the newly established wildfire fund set up by the State. This will bolster future investor confidence.

                    As a metric, I invested $50k at just under $7 earlier in March.....today it's hovering around $11.70. Pre-pandemic it was in the $20's range, and prior to bankruptcy it was in the $60's range.... I guessing it will settle in around the high $20 to mid $30's for the near term when they emerge from bankruptcy protection.....
                    Getting in at under $7. I think you are right about where it is headed and picked up a little. With it being 105°F here today it will also make me feel better writing them a big check during the summer months.

                    Comment


                      #11
                      Originally posted by Norm View Post
                      Interesting fact, the number of small individual stock accounts doubled in the last few months as small investors pile into the market. The big smart machine is going to have a nice lunch at some point soon. Same shit every fuggin time.
                      my tiny little account has broken $400 in gains. all super safe stuff etc. started with $500 and I've added in for a total of $1050 of my own stuff. I think this is currently pretty high i'm not really sure how long in to june i want to let it ride, original 'goal' was to be about here by next spring so it probably doesn't matter but i think this late summer/fall is going to be rough through winter as the can continues to get kicked down the road.

                      i'm not trying to make money at this, per se, but it is interesting.


                      Up is difficult, down is dangerous

                      Comment


                        #12
                        Originally posted by Provience View Post

                        my tiny little account has broken $400 in gains. all super safe stuff etc. started with $500 and I've added in for a total of $1050 of my own stuff. I think this is currently pretty high i'm not really sure how long in to june i want to let it ride, original 'goal' was to be about here by next spring so it probably doesn't matter but i think this late summer/fall is going to be rough through winter as the can continues to get kicked down the road.

                        i'm not trying to make money at this, per se, but it is interesting.
                        I don't have time to day trade, I have a chunk of cash waiting for an opportunity to deploy. I want to increase my net worth by 30% before I retire, so I'm pretty risk adverse. If I can get a decent deal on some multi family rentals I'll probably go that direction. If the market gets undervalued at some point I'll go that direction. At this point I don't feel cash is bad position for my objectives. I'd like a certain amount of income to retire on. If your patient something will get cheap enough, right now it isn't stocks or real estate.

                        Comment


                          #13
                          Originally posted by Norm View Post

                          I don't have time to day trade, I have a chunk of cash waiting for an opportunity to deploy. I want to increase my net worth by 30% before I retire, so I'm pretty risk adverse. If I can get a decent deal on some multi family rentals I'll probably go that direction. If the market gets undervalued at some point I'll go that direction. At this point I don't feel cash is bad position for my objectives. I'd like a certain amount of income to retire on. If your patient something will get cheap enough, right now it isn't stocks or real estate.
                          no, but when the DJIA went under 20k they certainly were. 30% was surprisingly easy at that level if you had the cash at the time. i'm halfway surprised at how 'quick' it has bounced back, despite being an early believer that it would recover quickly.

                          if DJIA breaks under 20k again right before the election, that would be another easy time to jump in, as far as i'm concerned.


                          Up is difficult, down is dangerous

                          Comment


                            #14
                            Originally posted by Provience View Post

                            no, but when the DJIA went under 20k they certainly were. 30% was surprisingly easy at that level if you had the cash at the time. i'm halfway surprised at how 'quick' it has bounced back, despite being an early believer that it would recover quickly.

                            if DJIA breaks under 20k again right before the election, that would be another easy time to jump in, as far as i'm concerned.
                            The stock market rally has been nuts, and it never retested the lows which is scary. Best case our GDP is down 10% for the next 24 months and the rest of planet will be worse, and that's best case. Market PE is in the upper teens, I'm not a buyer at those levels.

                            It looks like this will wipe out some VRBO's and I'm seeing some highly leveraged rentals going on the market. So there is hope realestate will come in a bit soon. Like I said, I'm a bottom feeder and happy to wait like a catfish under a dam .

                            Comment


                              #15
                              the ONLY reason that i can even think of that for why we haven't retested lows is because of the money printer and the global comparison. it's fun watching inflation go wild with a front row seat that's also why i think if we get back down to where we were earlier, it will only be right before the election and won't stay there for long after the polls close

                              nothing else makes sense in my head. not P/E, not overselling, not oil, not restaurant failures, not market acting as a predictor, etc.


                              Up is difficult, down is dangerous

                              Comment

                              Working...
                              X