Author Topic: Stock picks  (Read 129568 times)

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Offline momopi

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Re: Stock picks
« Reply #630 on: April 05, 2022, 12:03:41 PM »
Bought some UPS stocks today.

Offline momopi

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Re: Stock picks
« Reply #631 on: April 11, 2022, 04:16:33 PM »
Picked up a little ASML and Lam Research today.  Waiting for Applied Materials to drop some more before buying.

Offline momopi

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Re: Stock picks
« Reply #632 on: April 13, 2022, 01:25:05 PM »
Bought some JPM.

Offline Compressed-Village

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Re: Stock picks
« Reply #633 on: April 14, 2022, 10:41:21 AM »
We can still have 30-50 % market correction from here and still expensive.

I know I paint a grim picture. But it will need to come to that and much more rate hikes than the .50 Fed funds rate to even just merely slow down inflation. To kill inflation, it might be an impossible tasks, given where we are.

Offline momopi

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Re: Stock picks
« Reply #634 on: May 11, 2022, 12:50:22 PM »

Averaging down on AXP  (yes I'm that nut who is still buying)

Offline sleepy5136

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Re: Stock picks
« Reply #635 on: May 11, 2022, 01:15:57 PM »

Averaging down on AXP  (yes I'm that nut who is still buying)
Do you think the consumer will continue to spend? Otherwise what is your reasoning for buying AXP?

Offline momopi

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Re: Stock picks
« Reply #636 on: May 11, 2022, 05:54:23 PM »

Averaging down on AXP  (yes I'm that nut who is still buying)
Do you think the consumer will continue to spend? Otherwise what is your reasoning for buying AXP?

IMO consumer sentiments are bad, but they will continue to spend and pay more at retail for goods and services due to inflation.  I plan to use limit orders to average down on AXP with small purchases ($500-1000) per step.

This is not to say that AXP is a guaranteed "safe bet".  They face risks beyond their control including military conflict, pandemic resurgence, and all kinds of disruptions that may impact consumer spending habits & delinquency rates.  For example, as consumers are forced to pay more for food, fuel, cars, etc., they're more inclined to trade in used items to save money.  I recently sold an used Nuna infant car seat for cash, a transaction that doesn't benefit card companies or retail stores.

Offline morekaos

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Re: Stock picks
« Reply #637 on: May 24, 2022, 10:28:29 AM »
Amateur hour

http://nypost.com/2017/03/13/snaps-stock-has-left-a-bunch-of-millennial-investors-under-water/

snaps stock has left a bunch of millennial investors under water



What a total disaster, but few will learn any lessons

Snap shares tumble after BTIG's Greenfield cuts target to $5: 'We are tired of Snapchat's excuses'

https://www.cnbc.com/2018/09/12/analyst-slashes-snap-rating-to-sell-sees-another-50percent-drop-for-shares.html

Oh Snap...5 year round trip...

Snap falls 40% on pace for worst day ever

https://www.cnbc.com/2022/05/24/snaps-down-32percent-and-its-dragging-other-stocks-down-with-it.html

 

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