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SOOPOO
SOOPOO
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January 28th, 2021 at 1:31:18 PM permalink
Quote: terapined

Insane volatility today
483 high to 112 low
At 265 right now
I heard NOK is in play
Down 25% at this moment
I took a tiny tiny tiny dip, Bought 125.00 worth. It's all I had in my cash section of my TD account. let's see where it goes



I bought NOK at 4.80. I almost sold at around 8.50 but got distracted.... it’s now back around 4.80..

Market up a LOT today. But WoV portfolio DOWN a little! AAPL, TSLA and PETS total big losers all in that portfolio. Frankly, if you look at overall market it would be rare to find a portfolio down today. It doesn’t feel good to be ‘rare’ today!

Now up only 114% from inception.
DRich
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January 28th, 2021 at 2:31:50 PM permalink
Quote: SOOPOO

I bought NOK at 4.80. I almost sold at around 8.50 but got distracted.... it’s now back around 4.80..

Market up a LOT today. But WoV portfolio DOWN a little! AAPL, TSLA and PETS total big losers all in that portfolio. Frankly, if you look at overall market it would be rare to find a portfolio down today. It doesn’t feel good to be ‘rare’ today!

Now up only 114% from inception.



My stocks were down today also.
At my age, a "Life In Prison" sentence is not much of a deterrent.
terapined
terapined
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January 28th, 2021 at 3:58:21 PM permalink
Quote: DRich

My stocks were down today also.


I'm down on my main IRA and mutual fund accounts where most of my money is. Negative 1.5%
Damm. Maybe these pros got caught shorting and now I'm feeling it. Who knows.
But I personally manage a 50k nut for fun, about 25 stocks I mostly bought this summer avg 2k a stock. I thought these companies would do well post pandemic
Up .5%
Its just a forum. Nothing here to get obsessed about.
SOOPOO
SOOPOO
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January 29th, 2021 at 5:17:35 AM permalink
Quote: terapined

I'm down on my main IRA and mutual fund accounts where most of my money is. Negative 1.5%
Damm. Maybe these pros got caught shorting and now I'm feeling it. Who knows.
But I personally manage a 50k nut for fun, about 25 stocks I mostly bought this summer avg 2k a stock. I thought these companies would do well post pandemic
Up .5%



Ed.... do you reinvest dividends or do they go into a different cash account? My WoV dividends and interest on bonds stay in the WoV account. I don't do dividend reinvestment (DRIPs) per se, but once enough cash accumulates under normal circumstances I'd buy a new stock or bond. So when I say my WoV portfolio is up 10% at year end, likely the average price of my stocks went up 8%, not 10%.

Stepdaughter a few weeks back recommended "dogecoin". My son, the kid who bought 1/2 BTC, said dogecoin was intentionally invented NOT to go up in price. It went from a penny to 6 cents in a day or so..... Stepdaughter also recommended GME relatively early on. I did buy NIO (13 bagger) and SNAP (3 bagger) on her recommendation.

She has crushed it! "Past results do not guarantee future performance".
terapined
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January 29th, 2021 at 7:31:55 AM permalink
Quote: SOOPOO

Ed.... do you reinvest dividends or do they go into a different cash account? My WoV dividends and interest on bonds stay in the WoV account. I don't do dividend reinvestment (DRIPs) per se, but once enough cash accumulates under normal circumstances I'd buy a new stock or bond. So when I say my WoV portfolio is up 10% at year end, likely the average price of my stocks went up 8%, not 10%.

Stepdaughter a few weeks back recommended "dogecoin". My son, the kid who bought 1/2 BTC, said dogecoin was intentionally invented NOT to go up in price. It went from a penny to 6 cents in a day or so..... Stepdaughter also recommended GME relatively early on. I did buy NIO (13 bagger) and SNAP (3 bagger) on her recommendation.

She has crushed it! "Past results do not guarantee future performance".


My 50k stock nut I play with, I dont reinvest dividends
Market overall down this am
But
Nokia is my leader this am up 5% right now
I only invested peanuts for fun
I got no guts to be a daytrader
Its just a forum. Nothing here to get obsessed about.
SOOPOO
SOOPOO
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January 29th, 2021 at 7:40:16 AM permalink
Quote: terapined

My 50k stock nut I play with, I dont reinvest dividends
Market overall down this am
But
Nokia is my leader this am up 5% right now
I only invested peanuts for fun
I got no guts to be a daytrader

.

Ed.... you and I don’t have the skills to be a successful day trader. To use an analogy.... we are ploppies!

Real day traders have developed (or bought) algorithms that tell them when to buy and sell on a moment to moment basis. Things our brains can’t ascertain easily.... last 3 trades have been up more than $1.... likelihood of next trade up $2 is 29%. Likelihood it is down $2 , 12%. Buy! Gold up 1%... these stocks become buys... stuff like that.

Keep having fun with it!
Hullabaloo
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January 29th, 2021 at 6:13:12 PM permalink
I keep a small group of stocks myself, mostly things that are somewhat out of the mainstream and things that my FA would rather not have on his books.

I do less conventional stocks and try to find some that might have a potential to soar. Some have, others have not, but overall I'm doing pretty well. And I've got percentage gains I'd never get with my FA.
AxelWolf
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January 30th, 2021 at 6:02:13 AM permalink
Quote: SOOPOO

.

Ed.... you and I don’t have the skills to be a successful day trader. To use an analogy.... we are ploppies!

Real day traders have developed (or bought) algorithms that tell them when to buy and sell on a moment to moment basis.

Is there any data and numbers out there showing the algorithms are +EV?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
SOOPOO
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January 30th, 2021 at 6:37:15 AM permalink
Quote: AxelWolf

Is there any data and numbers out there showing the algorithms are +EV?



I have no direct knowledge, but I'm going to say yes. There are people who do this for a living, and it is kind of like the AP you do. It is so clear and easy for you to see the +EV nature of your AP. The day traders probably feel the same way about what they do. Now I am NOT saying what someone like, say, I do, is +EV. My trades are based on hunches, news, dartboard, I like the letters, etc.... When I say 'professional day trader' I am talking about a computer driven program type thing.
unJon
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January 30th, 2021 at 6:39:53 AM permalink
Quote: SOOPOO

I have no direct knowledge, but I'm going to say yes. There are people who do this for a living, and it is kind of like the AP you do. It is so clear and easy for you to see the +EV nature of your AP. The day traders probably feel the same way about what they do. Now I am NOT saying what someone like, say, I do, is +EV. My trades are based on hunches, news, dartboard, I like the letters, etc.... When I say 'professional day trader' I am talking about a computer driven program type thing.



Slight tweak. What you do is likely +EV vs a baseline of 0. It may not be +EV vs the return of investing in a diversified portfolio (or compared to the S&P500, etc).
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
SOOPOO
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January 30th, 2021 at 6:53:04 AM permalink
Quote: unJon

Slight tweak. What you do is likely +EV vs a baseline of 0. It may not be +EV vs the return of investing in a diversified portfolio (or compared to the S&P500, etc).



It is DEFINITELY +EV versus a baseline of zero! If you are a buy and hold guy, you are playing a +EV game. I think if you just counted the stocks I have purchased (ignoring bonds) I am certainly ahead of the S & P 500 over the past 30 years. I have a few stocks that have SO overperformed to make up for of course the underperformers. One in particular (BAP) was bought at $6 and much sold at $240 if I remember correctly. One big hit makes up for a lot of dogs!
SOOPOO
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February 1st, 2021 at 8:21:27 AM permalink
just bought VERY small positions in the following "green' or "clean" energy type stocks/etfs (not in WoV portfolio, but a different retirement account)

SOL
TAN
FAN
DQ
FSLR
NEE
REGI
VWDRY
CSIQ
RUN
BEPC

NONE are good buys using traditional metrics, like P/E ratio, debt load, etc....

WoV portfolio up 111% from inception. I think it hit a high of up 115% last week before recent downturn.
terapined
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February 1st, 2021 at 8:30:24 AM permalink
SLV in play
I bought in but a tiny amount
Gonna play day trader with a tiny amount
This is fun
Already up slightly when I bought
Seems to me money can be made on dependable volatility which happening right now with certain stocks
Its just a forum. Nothing here to get obsessed about.
SOOPOO
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February 1st, 2021 at 9:40:04 AM permalink
Quote: terapined


Seems to me money can be made on dependable volatility which happening right now with certain stocks



THIS is I think how most day traders make their money. I KNOW my B in Law will buy X at $9.50, then sell at $10.20. Rebuy at $9.60 and resell at 10.20, etc.... (NOT a day trader, his trades may take days or weeks to come to pass) You just have to be prepared to hold the stock when you rebuy at $9.60 it keeps going down.... MD says he trades in stocks that he is willing to hold for the long haul, so if he gets caught in the scenario I mention, he just owns more AMZN or TSLA or whatever company he feels will be up in the future... and he has the money to tie up in those stocks until that 'future' comes to fruition. Pre pandemic, B in Law made a ton 'flipping' TRIP. I can't even remember what the number it kept trading $1 more or less than, be he bought and sold a bunch. He did not get caught when the market tanked, and took TRIP with it. (I got caught! still own some!)

Good luck! It will be an interesting and educational experience for sure! Hopefully profitable, too.
terapined
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February 1st, 2021 at 10:00:31 AM permalink
Quote: SOOPOO



Good luck! It will be an interesting and educational experience for sure! Hopefully profitable, too.


I waited for SLV to go up 1% for me then I got out. It's just peanuts but why not if there is no cost to trade.
Better then the casino edge, it's fun and I can do this from my phone.
But
I can't watch this all day
Going out to see a movie later today.
Nomadland
On UK betting sites, the favorite to win best pic oscar
Its just a forum. Nothing here to get obsessed about.
terapined
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February 1st, 2021 at 11:10:22 AM permalink
AMC in play
I just funded my TD account with an extra 500 to day trade with.
So 50k for long hold fun and 500 to day trade with
Yea its low roller gambling in reality and just peanuts
But
No edge to beat because no cost to trade
Just bought AMC
Will sell when I make a small profit
Right just keeping an eye on the most volatile stocks out there.
So far this is really fun
Its just a forum. Nothing here to get obsessed about.
SOOPOO
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February 1st, 2021 at 1:45:46 PM permalink
Quote: terapined

AMC in play
I just funded my TD account with an extra 500 to day trade with.
So 50k for long hold fun and 500 to day trade with
Yea its low roller gambling in reality and just peanuts
But
No edge to beat because no cost to trade
Just bought AMC
Will sell when I make a small profit
Right just keeping an eye on the most volatile stocks out there.
So far this is really fun



There is a fee ‘hidden’ from us guppies. If you are selling a stock at the ‘market price’ you get shaved a penny or two per share, how much depending on how heavily traded the stock is. If you click ‘buy’ at a certain moment you may get $10.01. And ‘sell’ a second later you get $9.99. If you put in an exact price you may miss the transaction because you were off by that penny. Good luck with your ‘trading’ account!

The 11 stocks/ETFs I bought this morning in the ‘green’ energy area are up pretty big from just this am. I got REGI at 90.70 and now $98.98! SOL at 20.30 now 23.30. All the others up between 0 and 3% except FAN, down a fraction of a per cent.

Overall WoV portfolio now back up 214%. Still not back to it’s all time high.
AxelWolf
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February 1st, 2021 at 4:13:03 PM permalink
Quote: SOOPOO

I have no direct knowledge, but I'm going to say yes. There are people who do this for a living, and it is kind of like the AP you do. It is so clear and easy for you to see the +EV nature of your AP. The day traders probably feel the same way about what they do. Now I am NOT saying what someone like, say, I do, is +EV. My trades are based on hunches, news, dartboard, I like the letters, etc.... When I say 'professional day trader' I am talking about a computer driven program type thing.

I don't know anyone that day trades for a living with their own money. I knew all kinds of day traders back in the day when it was the hot new trend. They all have real jobs now.

Getting back to this algorithm. I believe you said there are ones you can purchase. If that's the case and they are +EV, and I assume it can all be an automated process, including the buying and selling. Why aren't we doing it? If somebody can show me an automated algorithm and I'm convinced +EV. I'm totally in. If nothing else it would certainly be a fun project, I would even consider doing it with others who are interested as well.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
SOOPOO
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February 1st, 2021 at 4:45:16 PM permalink
Quote: AxelWolf

I don't know anyone that day trades for a living with their own money. I knew all kinds of day traders back in the day when it was the hot new trend. They all have real jobs now.

Getting back to this algorithm. I believe you said there are ones you can purchase. If that's the case and they are +EV, and I assume it can all be an automated process, including the buying and selling. Why aren't we doing it? If somebody can show me an automated algorithm and I'm convinced +EV. I'm totally in. If nothing else it would certainly be a fun project, I would even consider doing it with others who are interested as well.



Interesting thought. I actually do not know if there are worthy algorithms for sale. I'm sure there are scam ones that are! And I am not interested in putting in the work/research to be able to identify one that is positive EV. I really believe successful day traders are like successful APs. Few and far between. many tried and failed. But those that have it figured out will be successful and be able to adapt to changing conditions.

Edit.... My B in Law "week trades" with his own money. He makes a pretty good living doing it.
unJon
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February 1st, 2021 at 5:56:00 PM permalink
Quote: AxelWolf

I don't know anyone that day trades for a living with their own money. I knew all kinds of day traders back in the day when it was the hot new trend. They all have real jobs now.

Getting back to this algorithm. I believe you said there are ones you can purchase. If that's the case and they are +EV, and I assume it can all be an automated process, including the buying and selling. Why aren't we doing it? If somebody can show me an automated algorithm and I'm convinced +EV. I'm totally in. If nothing else it would certainly be a fun project, I would even consider doing it with others who are interested as well.



Anyone that has a +EV provable algorithm is well funded by rich hedge funds or banks. They’re not selling their program to others.
The race is not always to the swift, nor the battle to the strong; but that is the way to bet.
AxelWolf
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February 1st, 2021 at 6:56:05 PM permalink
Quote: unJon

Anyone that has a +EV provable algorithm is well funded by rich hedge funds or banks. They’re not selling their program to others.

That's what I would assume, but who knows. I just don't know enough about it. As SooPoo pointed out, there are probably many "scam" programs out there. And like SP, I am not willing to put in the work and do the research on my own. But, if someone I knew to be smart directed me in the right direction and confirmed there was a +EV opportunity, I would certainly take a look at that point.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
SOOPOO
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February 1st, 2021 at 7:31:58 PM permalink
Quote: AxelWolf

That's what I would assume, but who knows. I just don't know enough about it. As SooPoo pointed out, there are probably many "scam" programs out there. And like SP, I am not willing to put in the work and do the research on my own. But, if someone I knew to be smart directed me in the right direction and confirmed there was a +EV opportunity, I would certainly take a look at that point.



I started this portfolio, and this thread, because I believed that an essentially random approach to buying stocks is + EV. I’d say EV is around 8% per year. I will say since I’ve exceeded it substantially I experienced positive variance.

Do you not participate in the largest +EV opportunity in the world, the stock market?
AxelWolf
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February 2nd, 2021 at 3:18:54 AM permalink
Quote: SOOPOO

I started this portfolio, and this thread, because I believed that an essentially random approach to buying stocks is + EV. I’d say EV is around 8% per year. I will say since I’ve exceeded it substantially I experienced positive variance.

Do you not participate in the largest +EV opportunity in the world, the stock market?

I used to invest in stocks and I did well, but I lost half back during the bubble. shortly after I had some medical issues and though it best I sell. The last trade I believe I made was selling my AOL after they bought Time Warner, I got in kind of early so I still did well on AOL. I just never got back into it. Now I have some Crypto, a majority is in BTC.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
billryan
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February 2nd, 2021 at 8:40:15 AM permalink
stocks are strange. Someone gets a tip from someone else, buys a stock that goes up and suddenly they are a genius. I don't think the market is rigged, but with as much front running that goes on, it is not a square deal.
The difference between fiction and reality is that fiction is supposed to make sense.
billryan
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February 2nd, 2021 at 9:01:47 AM permalink
Some recent trading card results.

A Michael Jordan rookie card sold for $720,000. Six months ago, the card sold for $51,000 Two days later, a second card sold for another $720,000
A Mickey Mantle graded an 8 just sold for 1.566 million. A year ago it sold for $660,000
A Christian Ronaldo card hit $205,000 at auction. It was estimated to go for $50,000.
One of the Jordan cards is now being offered by Rally Road, a fractional ownership company for $10,000 a share. Each share equals 1%.
You can buy 1/10th of a share if you can find one for sale.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
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February 2nd, 2021 at 10:04:36 AM permalink
Quote: AxelWolf

I used to invest in stocks and I did well, but I lost half back during the bubble. shortly after I had some medical issues and though it best I sell. The last trade I believe I made was selling my AOL after they bought Time Warner, I got in kind of early so I still did well on AOL. I just never got back into it. Now I have some Crypto, a majority is in BTC.



So you are saying your net worth is tied up in cash and BTC? No what would be called 'investments'? I guess that surprises me.... I would have figured you would take some of your AP winnings and set up a retirement account? Those of us that have had 'regular' jobs often either have pension type stuff or at least 401k plans that can be passively invested in ETFs or mutual funds. It has been so ingrained in me to save that I could not imagine not having done so.
vegas
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February 2nd, 2021 at 12:29:29 PM permalink
Quote: terapined

AMC in play
I just funded my TD account with an extra 500 to day trade with.
So 50k for long hold fun and 500 to day trade with
Yea its low roller gambling in reality and just peanuts
But
No edge to beat because no cost to trade
Just bought AMC
Will sell when I make a small profit
Right just keeping an eye on the most volatile stocks out there.
So far this is really fun



You certainly picked a tough stock. It got run up by the Reddit traders and they seem to be retreating. AMC is way overpriced but maybe you can catch a swing in the price. Too risky for me.
50-50-90 Rule: Anytime you have a 50-50 chance of getting something right, there is a 90% probability you'll get it wrong
terapined
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February 2nd, 2021 at 12:47:41 PM permalink
Quote: vegas

You certainly picked a tough stock. It got run up by the Reddit traders and they seem to be retreating. AMC is way overpriced but maybe you can catch a swing in the price. Too risky for me.


Yea
Getting burned on AMC
But
Did well today day trading SLV and GME
SLV went up 1% for me in a couple hours and I got out
I bought GME at 119 today
It was volatile
Got out at 129.
Got NOK at about 11am. Holding steady all afternoon. Will hold overnite.

This is more fun then the casino
I look at the most active stocks of the day
Its just a forum. Nothing here to get obsessed about.
SOOPOO
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unJon
February 4th, 2021 at 10:54:02 AM permalink
Another up day. I'm beginning to feel like the guy who is hitting point after point.... knowing it has to end...... Now up 117% from inception. No Axel, terapined, MDawg to comment......
billryan
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February 4th, 2021 at 11:51:38 AM permalink
Quote: terapined

Yea
Getting burned on AMC
But
Did well today day trading SLV and GME
SLV went up 1% for me in a couple hours and I got out
I bought GME at 119 today
It was volatile
Got out at 129.
Got NOK at about 11am. Holding steady all afternoon. Will hold overnite.

This is more fun then the casino
I look at the most active stocks of the day




Sounds like you are creating a tax headache.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
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February 4th, 2021 at 12:32:06 PM permalink
Quote: billryan

Sounds like you are creating a tax headache.

. Not really. I think Ed says he used TD. At the end of the year they give a simple summary that lists all sales, and how much you made or lost. I don’t think Ed is the kind of guy to make $$ trading and not have the $ to pay the taxman.

My WoV portfolio is an IRA so no tax issues until I turn 72 and start taking out what is required by law.
Hullabaloo
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February 4th, 2021 at 1:29:00 PM permalink
Quote: SOOPOO

Another up day. I'm beginning to feel like the guy who is hitting point after point.... knowing it has to end...... Now up 117% from inception. No Axel, terapined, MDawg to comment......



I'll comment! You did better today than I. I was down a shocking .32%! I've had to fire the gardener and the cook may have to go too.

I don't know what I'm up from inception, but I do have a 2,434.59% gain on a single stock from 11 months ago.
SOOPOO
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February 4th, 2021 at 2:56:36 PM permalink
Quote: Hullabaloo

I'll comment! You did better today than I. I was down a shocking .32%! I've had to fire the gardener and the cook may have to go too.

I don't know what I'm up from inception, but I do have a 2,434.59% gain on a single stock from 11 months ago.



Congrats on the ‘24 bagger’! Can you share what it is? And what led you to buy it?


I was up slightly less than 1% today. All 3 major indices were up around 1%. I did nothing special today!
Hullabaloo
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February 4th, 2021 at 3:34:01 PM permalink
Quote: SOOPOO

Congrats on the ‘24 bagger’! Can you share what it is? And what led you to buy it?



Sure.

In late February last year my accountant sent me an email because she knew I dabbled in stocks, (especially stranger and more risky ones), and she wondered if I had any thoughts about Moderna. I didn't, but I did some research and and it looked like it had promise, but there were a few screwy things about it too. So I told her that, and she went ahead with it and has done well.

I must admit I was embarrassed that I had not even thought of pharma stocks during the start of the pandemic, so I owe her dearly for asking about it.

Being cheap, I looked for something else I liked, and that turned out to be Novavax, (NVAX), which was about half the cost of what Moderna was at that time. My cost was $11.13 cents per share, and right after I bought it went down to around 8. Sigh. But I held and it went back up relatively quickly and it's been moving up ever since. They had good trial results released last Thursday evening and it's been soaring ever since, (with a few pullbacks of course). As I write this it's at $281.02.

I wish I could do that every day, but I suspect I will never have a ride that high and fast ever again.

We still talk and try to find the next "Moderna/NVAX" to invest in. I told her that if one of us just went to China and went walking through a cave filled with bats we'd have it made. For some reason she wasn't interested in doing that.
SOOPOO
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February 4th, 2021 at 3:41:00 PM permalink
Thanks hullabaloo. I did buy MRNA, but not until it was already $50ish. So it’s a 3 bagger for me. And I sold some I think at $120? Now the question for you is when to sell? Not really making financial sense, but good for my psyche would be to sell a bunch of your 24 bagger. Like 1/5 today. And another 1/10 each time it goes up another $20. Until I reach around half then I hold for my heirs to sell.
Hullabaloo
Hullabaloo
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February 4th, 2021 at 4:07:35 PM permalink
At this point I'm less than a month before it's been a year, which means lower taxes if I wait so I'm holding at least until then. There also should also be a second bump when the government clears it for use, which should be relatively soon, (if that isn't already "built in, and I don't think it is).

As I recall they had an overall success rate of 96%, with an 86% success with the British strain, but less success with the African strain. They also don't need super cold storage, (as I recall it just had to be about 0), and they can mate the regular flue with it as well.

If you've ever thought about cannabis stocks this is a good time for it. With the new administration there appears to be a good chance that regulations will be eased making it easier for them to operate. Prices have been rising of late.

You might also be interested in Lexaria Bio Sciences, (LEXX). They just went on NASDAQ and it's gone up quite a bit in the brief time they have been there. This is there Yahoo blurb:

Quote:

Lexaria Bioscience Corp. operates in the drug delivery platform business. It develops and out-licenses its DehydraTECH technology for the delivery of bioactive compounds that promotes healthy ingestion methods, lower overall dosing, and higher effectiveness in active molecule delivery. The company has licensed DehydraTECH to various companies operating in the nicotine, pharmaceutical, nutraceutical, and vitamin industries. Lexaria Bioscience Corp. was founded in 2004 and is headquartered in Kelowna, Canada.

SOOPOO
SOOPOO
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February 4th, 2021 at 4:50:32 PM permalink
Thanks for the advice! I already bought TLRY at a little under 6 a few months ago. It’s low 29’s now. I sold some I think at 18. It becomes a blur. Also bought MJ as soon as it was clear Biden won. It’s up I think like 50% since then.

A few years ago I bought CBIS. YADA YADA.... it went bankrupt. So win some... lose some!!!!

Now up 118% since inception. I have one mutual fund in it, twcux. (Ultra investors). It reprices every day at 6pm. So at 4pm it’s daily rise wasn’t included. Pretty sure I’m at an all time high.
Hullabaloo
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February 4th, 2021 at 5:01:58 PM permalink
Quote: SOOPOO

Thanks for the advice! I already bought TLRY at a little under 6 a few months ago. It’s low 29’s now. I sold some I think at 18. It becomes a blur. Also bought MJ as soon as it was clear Biden won. It’s up I think like 50% since then.



And I have Aphria, so we will soon share that stock.

There were a lot of cannabis bungles, and there still are. I've got some that may not go positive until my children's, children have children.

I've been helping my neighbor learn about stocks and we put her into MJ a few weeks ago, and she's happy.
SOOPOO
SOOPOO
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February 5th, 2021 at 3:02:19 PM permalink
Quote: Hullabaloo

And I have Aphria, so we will soon share that stock.

There were a lot of cannabis bungles, and there still are. I've got some that may not go positive until my children's, children have children.

I've been helping my neighbor learn about stocks and we put her into MJ a few weeks ago, and she's happy.



Seems almost boring... another all time high. Up 119%.

Lead by NBEV.
Hullabaloo
Hullabaloo
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February 5th, 2021 at 5:13:23 PM permalink
Quote: SOOPOO

Seems almost boring... another all time high. Up 119%.

Lead by NBEV.



You could always buy some Luckin Coffee. That wouldn't be boring, (or profitable).

Added another bag on NVAX today; 2,530.28%
Hullabaloo
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February 8th, 2021 at 6:05:37 AM permalink
What's next?

I've done pretty well with pharma stocks over the last year, but I think that's going to start to wane soon so I'm trying to figure out what sectors might be the most profitable over the next year or 2.

I love emerging industries since they have a lot of potential, but of course it comes with increased risk. China is is ripe for growth and have an amazing number of people who are moving up the income ladder. I've followed YUMC for a while and should have bought it long ago, but didn't.

But I have always be hesitant to invest in Chinese stocks, in no small part to this:

https://www.nytimes.com/2017/03/09/world/asia/china-lotte-thaad-south-korea.html

The basics: South Korea let the US put in Patriot Missiles in South Korea. China gets pissed off and retaliates by boycotting South Korea products, (and as I recall, mostly on one large South Korean chain).

So while it probably won't happen, they could easily screw investors. I think that with the new administration that is probably less likely to happen, so I'm taking a "wait and see" approach for Chinese stocks.

A few years ago I bought into a blockchain ETF within the first week it was available. I wasn't quite sure how blockchain would be monetized, but I figured it was worth a try. I bought in at about 21 and it just kept going down, to as low as 13. It finally got back up to about where I bought about 2 years later so I sold. In the next 6 months was nothing but up and it's now about 44. FML :)

Electric cars seem to be everywhere, with NIO and Tesla being the leaders but plenty of others as well, many of which I suspect will fail so I can't see that as being a great option.

So does anyone have any thoughts about out-of-the-mainstream stocks/industries that are worth a look?
SOOPOO
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February 8th, 2021 at 7:38:36 AM permalink
Hullabaloo.... try ‘green’ or ‘clean’ industries. Try ‘lithium’ (needed for car batteries). Try anything related to crypto. It is over for the deniers (me!). Once TSLA said they will accept BTC you don’t think eventually so will Ford? Amazon? My local pizza place? Try BOTZ. An AI ETF. Any company that builds robots. Any marijuana related stocks.

I think I’m hitting +120% now.
Hullabaloo
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February 8th, 2021 at 11:40:21 AM permalink
"Green" is definitely on my mind. I saw an article on CLNE yesterday and put it on my watch list. It's up 39% today. Sigh.

In the past "green" usually had low gains and high costs, but it doesn't seem to be that way any more.

ROBOTS! Yes, I love that idea. Thanks. I just don't want to invest in the ones that enslave us for eternity.

As for crypto, I doubt I'll ever go there, for a number of reasons. If you see it has a huge drop at some point, it's probably because I just bought it. :)

I got lots of pot stocks. Some are actually giving me a good return. Others.... not so much although the red ink is getting closer to green.

My "alternative" stocks are up 12 1/2% today and the overall daily gain is the highest I've ever had. And while I don't have an exact count, this portfolio has almost doubled in the past 3 weeks.
SOOPOO
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February 8th, 2021 at 12:33:02 PM permalink
Quote: Hullabaloo

"Green" is definitely on my mind. I saw an article on CLNE yesterday and put it on my watch list. It's up 39% today. Sigh.

In the past "green" usually had low gains and high costs, but it doesn't seem to be that way any more.

ROBOTS! Yes, I love that idea. Thanks. I just don't want to invest in the ones that enslave us for eternity.

As for crypto, I doubt I'll ever go there, for a number of reasons. If you see it has a huge drop at some point, it's probably because I just bought it. :)

I got lots of pot stocks. Some are actually giving me a good return. Others.... not so much although the red ink is getting closer to green.

My "alternative" stocks are up 12 1/2% today and the overall daily gain is the highest I've ever had. And while I don't have an exact count, this portfolio has almost doubled in the past 3 weeks.



It is amazing


My WoV portfolio took I think 6 years to double and that to me was GREAT! Now you, my friend (NIO, MJ, NBEV) , step daughter (Oxcoin, Dogecoin, Etherium) have doubled in weeks!

Give me a guaranteed 5% a year and I’d take it!!!
SOOPOO
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February 8th, 2021 at 1:03:49 PM permalink
Took a few hours but now up 121% since inception.
Hullabaloo
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February 8th, 2021 at 5:43:29 PM permalink
Quote: SOOPOO

Took a few hours but now up 121% since inception.



I think the whole thing is pretty crazy. I went for risky stocks and for the most part it worked. But don't be fooled, (by ME), I've got some real dogs too. My worst is -97.7 with a few not far off from that. But I didn't have a lot of $$ in them and they'll make for good offsets at some point. And overall they just don't mean anything given the gains of others.

Here's one bullish article about cannabis:
https://seekingalpha.com/article/4404216-new-dawn-in-cannabis-arrived

"Cannabis companies have stronger fundamentals that will drive the sector higher over the next five years."

Novavax continues is upward climb; up 2,812.94%. Share price at $324.21.
DRich
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February 8th, 2021 at 5:53:19 PM permalink
I can't remember the name of the cannabis stock that I intended to buy. They did a piece on it on CNBC about 9 months ago. It was a supplier to other cannabis companies and they didn't do any growing. I wish I could remember the name and see how it is doing.
At my age, a "Life In Prison" sentence is not much of a deterrent.
Hullabaloo
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February 9th, 2021 at 4:34:10 AM permalink
Quote: DRich

I can't remember the name of the cannabis stock that I intended to buy. They did a piece on it on CNBC about 9 months ago. It was a supplier to other cannabis companies and they didn't do any growing. I wish I could remember the name and see how it is doing.



I'm not aware of that, but when I Googled it there were quite a few, and I think all were in California.

The only other one I know of is Namaste, (NXTTF). They are in Canada and have what I recall is the only "seller only" license. Under their "CannMart" brand they sell/deliver cannabis in Canada, and I believe they are trying to do the same thing for the US.

They want to be the "Amazon of Cannabis" but so far it's been pretty disappointing.
SOOPOO
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February 9th, 2021 at 1:35:15 PM permalink
So MJ, marijuana ETF, is up 13.5% TODAY! My main MJ holding, TLRY, is now around $42. I paid less than $6 a few months ago. It is STUPID that a company that hadn’t done much different, is valued at 7 times what it was just a few months ago. Up overall a tad today, but still +121%. I bought a micro amount of AMC and CLNE today. (Stepdaughter advice!)
Hullabaloo
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February 9th, 2021 at 4:17:29 PM permalink
Quote: SOOPOO

So MJ, marijuana ETF, is up 13.5% TODAY! My main MJ holding, TLRY, is now around $42. I paid less than $6 a few months ago. It is STUPID that a company that hadn’t done much different, is valued at 7 times what it was just a few months ago. Up overall a tad today, but still +121%. I bought a micro amount of AMC and CLNE today. (Stepdaughter advice!)



TLRY was up to $149 in October of 18, then it plummeted. (I thought it hit $300, but it's only showing $149. They may have had a split)

I'm thinking it's deja vu all over again.

We're still in after hours but my Aphria went up 45+% today.

I had 11 stocks that gained 10% or more today.

Overall gain today was 14.40%, and that was even with one of my stocks dropping almost 40%. (Disclaimer: that's what my TDAmeritrade says but that looks a little wonky to me).

For anyone reading that thinks I'm full of poo I don't blame you. It doesn't seem credible to me either, but it is. But if Terapin wants to drive a couple of hours north he can confirm it.
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