ABW Stock Exchange: All Things Investing

DOS_patos said:
i would say.....develop an investment strategy eventually...but right now...its alot to get into.
shit i wasnt even thinking an should have shorted shit. might be too late for that and its very risky.

keep your eye on the news and what holds what up.

like someone just mentioned.....apple.
they wont stay down long and are already on the way back up but apple is also helping out the dow index which is tracked by certain etfs

i personally have a weird way of investing but it works for me and how i see things.
@Sion usually breaks this down easier and in simpler terms.

but for now i would say
CLX because its clorox . bleach wipes and sanitizers and shit. and now the way they are saying to use the wipes ...they will sell hella wipes.
and definitely look into other pharma companies. their are some top ones that are testing current medicine to find a solution while also doing r&d to come up with a new medicine that could lead to other shit in the pipeline.
Click to expand...
Made this post Feb 28

Clx was 159
Premarket today....It's 191

I think when we post stocks or whatever we should add the price next to it to give visuals of the current price and growth...
 
I FINALLY received my Stimulus Check a few Days ago. I had made an Acct with ETRADE after I had issues with Fidelity about transferring $$$$$$ from my card to the Acct, ETRADE gave me no such issues.

Unfortunately, I gotta wait 3 Days for it to clear before making any moves.

:scust1:

:stare:
 
bootcheese3000 said:
I FINALLY received my Stimulus Check a few Days ago. I had made an Acct with ETRADE after I had issues with Fidelity about transferring $$$$$$ from my card to the Acct, ETRADE gave me no such issues.

Unfortunately, I gotta wait 3 Days for it to clear before making any moves.

:scust1:

:stare:
Click to expand...
robinhood?
 
my best performing picks are the following

SWPPX
O

Easily top 2

The other ones that are performing ok
GILD
ACES
ICLN
PEG

Worst performing so far are
UCO
USO

with all of those im still in it for the long game tho. Not looking for a quick flip so im holding no matter what
 
DOS_patos said:
robinhood?
Click to expand...

Nah. Haven't DL'ed it yet. Should I? I'm reading a few comment on the limitations, which I don't like restrictions unless it had to do with $$$$$, not which types of investments you can or can't make due to what type of company or fund.
 
Inori said:
my best performing picks are the following

SWPPX
O

Easily top 2

The other ones that are performing ok
GILD
ACES
ICLN
PEG

Worst performing so far are
UCO
USO

with all of those im still in it for the long game tho. Not looking for a quick flip so im holding no matter what
Click to expand...
Aye man.

I stand by uco.
 
For any of yall losing, my advice is that you only lose when you sell.

My first two years of investing, i stayed losing. Was too impulsive, too impatient, wanted to make money quick. Funny shit is literally every stock i lost money on went on to be much higher than when I bought them. I just kept trying to cut my losses in the short term. I woulda made a ton of money if I was patient with it.

So anyone who is in the negative, dont stress. Give it a few months. Worst case you'll make your money back. Only time you truly lose is when you sell for a loss.
 
Someone school me on the differences between uco and uso.

I know they both oil funds, but whats the difference? Is it enough to have one or should I split money between them?
 
AZTG said:
For any of yall losing, my advice is that you only lose when you sell.

My first two years of investing, i stayed losing. Was too impulsive, too impatient, wanted to make money quick. Funny shit is literally every stock i lost money on went on to be much higher than when I bought them. I just kept trying to cut my losses in the short term. I woulda made a ton of money if I was patient with it.

So anyone who is in the negative, dont stress. Give it a few months. Worst case you'll make your money back. Only time you truly lose is when you sell for a loss.
Click to expand...

The way I try to look at it is as soon as I hit buy on a stock.. that money is as good as gone at that point lmao. Since im in it for the long term its not like I was going to sell and use that money anyway.. that shit gone... but not gone lmao yall know what I mean
 
I still thing uco uso and other oil funds will be the biggest gainers. Im thinking that once in a few years, quadruple your money type chance. Might take till next year, but we'll see.

The oil crash is historic. Only way to go is up. We just need to hope that the funds dont disappear due to a bunch of companies in it filing for bankruptcy.
 
Inori said:
The way I try to look at it is as soon as I hit buy on a stock.. that money is as good as gone at that point lmao. Since im in it for the long term its not like I was going to sell and use that money anyway.. that shit gone... but not gone lmao yall know what I mean
Click to expand...

Dope fam. Better than me. Like I said, i lost a bunch of money early on. Smh. And everynow and again i go and check the companies I had stock in and they are all much higher, even after the crash.
 
I think I learned my lesson from crypto. bout 2 years ago errrbody was dumping money into that shit. Bitcoin, Ether, Litecoin all that... shit exploded! I put a lil bit into av couple different joints and that shit got as high as 6 times my initial investment!

and then that shit crashed like a muhfucka lol. I still cant tell you to this day why... @Sion was saying for years that shit was too volatile and he'd stay away from it. Crazy.

Since that crash it's just about got back to my initial investment in that crypto. Ima hold for a bit longer but I don't think I'd mess around with that shit again lol
 
Inori said:
I think I learned my lesson from crypto. bout 2 years ago errrbody was dumping money into that shit. Bitcoin, Ether, Litecoin all that... shit exploded! I put a lil bit into av couple different joints and that shit got as high as 6 times my initial investment!

and then that shit crashed like a muhfucka lol. I still cant tell you to this day why... @Sion was saying for years that shit was too volatile and he'd stay away from it. Crazy.

Since that crash it's just about got back to my initial investment in that crypto. Ima hold for a bit longer but I don't think I'd mess around with that shit again lol
Click to expand...

Fam, soon as you can get your initial investment back, sell that mfer. Cause bitcoin is about 9k. Means you bought that shit expensive as fuck. I would sell it when it evens me out, then wait for it to go back down under 7k, buy again, sell again at 9k.

Bitcoin never stays at this level for long. It might for a month or two, then come back down, then go back to 9k.

Now corona might have changed that pattern and shit might go up to 50k. So dont blame me if shit goes left. Lmao
 
Man, the Market took a BEATING Today.

Tech kept giving issues and Oil practically bottomed out. Only Co that did well was Clorox, which @DOS_patos predicted would be a good investment way back when this thread was created.

U.S. markets opened low and stayed low today to open the month as tech stocks weighed down the major averages. All sectors closed sharply lower as investor sentiment has turned over the past two days. There are also growing concerns that the U.S. will begin retaliatory measures against China, which it blames for obfuscating details about the coronavirus when it first emerged in Wuhan this past winter.

One market that is red hot right now is the corporate debt market. Since the World Health Organization declared the coronavirus a pandemic on March 11th, corporations had issued $265 billion in debt through April 27th, according to Intelligize. That’s more than double the volume of $108 billion for the same period in 2019. With the Fed promising to back the corporate bond market and cheap rates ripe for refinancing, companies are borrowing like it's their job.


​
  • The FDA granted emergency approval for Gilead Sciences' remdesivir to treat the coronavirus, President Trump announced today. Gilead plans to spend $1 billion this year on remdesivir, the antiviral drug the world has pinned its hopes on. More than 140,000 treatment courses will be manufactured by the end of May and one million will be manufactured by December. It beat earnings and revenue expectations for first quarter.
  • The House Judiciary Committee demanded that Amazon CEO Jeff Bezos testify after Democratic leaders said they suspected the company of lying to Congress about its use of third-party seller data. This comes after a WSJ story investigation that found Amazon employees used non-aggregated or easily identifiable data from third-party sellers to figure out which products to make on its own.
  • Exxon swung to a $610 million loss in the quarter as it took a “market-related” $2.9 billion charge. It reported $2.4 billion in profits during the same period last year. The bulk of the impairment was related to its downstream business, which refines oil into gasoline and other products. The largest U.S. oil company has cut $10 billion from its planned capital expenditures in 2020, a 30% budget cut.
  • Clorox reported a 15% rise in first quarter sales as consumers stocked up on cleaning supplies. The company reported fiscal third-quarter net income of $241 million, or $1.89 per share, up from $187 million, or $1.44 per share, a year earlier. Both were higher than expected.
 
You must log in or register to reply here.
Back
Top