Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[rydogg58]

Forgot to add, the groups I used to belong to are no longer active. Bullishbears was one I was looking into a while back. I just checked and it appears they are still active and a basic subscription is around 70 a month. Again, I don't use any, just one I was looking into.

[Buehler445]

Originally Posted by rydogg58

He's talking about groups that will do the screening for you. They'll usually send a text letting you know they like the setup of a certain stock, and watch for a particular entry point, and likely exit point.

I was in a few of them years ago, it was hit and miss, but if I remember right, I came out alright after the subscription fees. There's a lot of them out there, and some of them charge a lot. I've always wondered how profitable some of the more expensive ones were.

Ah, yeah, I'd steer clear of almost all that. Maybe there are some good ones out there, but if they were good tips, they'd just trade them and not need the subscription fees.

I'm open to being wrong, but I'd be real ****ing weary of that stuff. Seems to me to be limited upside for them and there would be real incentive to bullshit you and take the other side of the trade.

[rydogg58]

Originally Posted by Buehler445

Ah, yeah, I'd steer clear of almost all that. Maybe there are some good ones out there, but if they were good tips, they'd just trade them and not need the subscription fees.

I'm open to being wrong, but I'd be real ****ing weary of that stuff. Seems to me to be limited upside for them and there would be real incentive to bullshit you and take the other side of the trade.

I was always hesitant when I joined. I actually first started using them because I knew jack shit about day trading. I joined one just to see why they thought stocks would do what they said. I rarely did their trades, and just tried to learn more. It's what I got out of it, and it's just not something I would use today.

[ghak99]

Believe it or not, there's a couple guys on tiktok who day trade live regularly. I believe one of them has a subscription based program where he'll send you his prospect list ahead of time, but those deals always felt pretty scamish to me. The lives were interesting though and if you wanted to you could follow his trades move for move all live long.

It's basically the old man equivalent of video game streaming for the nerds or get ready with me makeup sessions for the girls.

[lewdog]

Originally Posted by rydogg58

He's talking about groups that will do the screening for you. They'll usually send a text letting you know they like the setup of a certain stock, and watch for a particular entry point, and likely exit point.

I was in a few of them years ago, it was hit and miss, but if I remember right, I came out alright after the subscription fees. There's a lot of them out there, and some of them charge a lot. I've always wondered how profitable some of the more expensive ones were.

This right here. This is what I’m looking for.

[Buehler445]

Originally Posted by Rain Man

Okay, question of the day. Boeing (BA)

Option A. Buy more because the stock has been beaten down by all of the technical problems, and at some point they'll get it all straightened out and make that money back.

Option B. Hold it if you've got it, because it's a blue chip with a big moat. Every portfolio should have some.

Option C. Sell it. They can't seem to get their act together, and it's going to have big downstream effects.


I've been running with Option B for a long time, and it hasn't paid off. About five years ago I was making great money on it, and then it got chopped in half with the various problems. Right now I'm a little in the red on the price, though dividends probably eke it a little above breakeven for me. But at best I'm not keeping up with inflation on it.

I don't have a lot of it, but it's one of those stocks that I feel like everyone should have in their portfolio if they're diversified. Frankly, though, I'm reaching my limit on patience and I'm not overly confident that they're going to work through all of their problems in time to avoid big losses in orders and sales. I'm moving toward Option C at this point.

What do y'all think?

What did you end up doing?

Boeing has taken a whoppin since 1/24 to the tune of $26.35.


But I heard this podcast and thought of you. I thought it was pretty interesting. I didn't realize the moat they had over the industry.

Still have no clue what I'd do, but it is interesting.

EDIT: I think this has some NSFW language on it.

[Rain Man]

Originally Posted by Buehler445

What did you end up doing?

Boeing has taken a whoppin since 1/24 to the tune of $26.35.


But I heard this podcast and thought of you. I thought it was pretty interesting. I didn't realize the moat they had over the industry.

Still have no clue what I'd do, but it is interesting.

EDIT: I think this has some NSFW language on it.

I tend to not make big moves these days so I still have most of it, but I've started selling it off in small amounts.

[philfree]

Originally Posted by lewdog

They do long term investing I think. I’m looking for day trade and swing trade setups.

Banyan Hill has several different kinds of subscriptions. I'm not sure if they have one for what you want but you might check it out.

[UteChief]

Apple is having a hard time today. I sold off a bunch at $195 and almost sold off the remainder. I thought I’d hold out until WWDC to see what AI iOS 18 had. I shoulda put that stop loss on. Oh well, at least I got out before the antitrust suit.

[KobesPilot]

Puts on tesla, calls on MU, calls on NVDA

[Buehler445]

Hey Rainman, do you still have carnival stock? I remember you had some positions thinking it would bounce back after the pandemic.

Well it appears they have bounced back in terms of earnings, bookings, etc. The earnings are BETTER than their pre-pandemic numbers, but the stock price is still comparatively shit.

What's your thoughts on it?

[Rain Man]

Originally Posted by Buehler445

Hey Rainman, do you still have carnival stock? I remember you had some positions thinking it would bounce back after the pandemic.

Well it appears they have bounced back in terms of earnings, bookings, etc. The earnings are BETTER than their pre-pandemic numbers, but the stock price is still comparatively shit.

What's your thoughts on it?

Yeah, I've still got a lot of it. I'm stubborn.

I really liked it back in the day. I had both CUK and RCL stock. The CUK did okay, and the RCL was great. Then a year or so before the shutdown, the CUK started tanking until I was eventually down 40 percent on it. The RCL didn't and I was up a lot on it.

At some point I was about to take a cruise on the third big line, NCLH, and if you own stock you can get onboard credit for purchases, so I bought a little bit for that reason. My timing? I bought it in late February of 2020. Blammo.

At some point that CUK was down 80 percent and the NCLH was down 50 percent, and I was at breakeven on the RCL after I'd previously been up 100 percent.

I've held them and even bought a tiny bit more over time, particularly the NCLH since my timing was so bad on the original purchase that I figure it can go nowhere but up.

The CUK has roughly doubled from the low point, but it's still way down and I'm not sure why. I need it to double again just to get close to the low point before the shutdown. Maybe that's room for big profits, or maybe the market doesn't like CUK for some reason. (Admin note: the American stock is CCL and the British stock is CUK. I accidentally bought CUK and just stuck with it.)

RCL? It's fully recovered and then some. I'm back up over 100 percent on it.

The NCLH has climbed a bit but is still way down from the pre-shutdown. Now I'm down probably 35 percent.

So in summary, RCL has historically been a great stock for me. CUK has had some great gains recently but is still way, way down from historic levels. And NCLH has kind of drifted aimlessly with a slow recovery upward. I don't know why RCL is perceived so differently from the other two, but it's been my clear winner over the past decade.

Like you, my reading is that the companies themselves are thriving. But for some reason the market is still cool on CUK and NCLH. Buying opportunity? I can't tell, and I've already got so much tied up in them that I'm not making any big new bets.

[Buehler445]

That's interesting. I didn't check the Royal Caribbean stock. I have no clue why the carnival stock is still depressed.

[Ming the Merciless]

Originally Posted by Buehler445

Hey Rainman, do you still have carnival stock? I remember you had some positions thinking it would bounce back after the pandemic.

Well it appears they have bounced back in terms of earnings, bookings, etc. The earnings are BETTER than their pre-pandemic numbers, but the stock price is still comparatively shit.

What's your thoughts on it?

it's been a while since I looked but carnivals biggest issue used to be debt

like their debt was potentially more than the value of their ships or higher than a certain % of that value.


since Interest rates have gone up , I'd imagine this issue would be looming pretty large but I don't know for certain if that's the main reason the price is low

one other correction, their earnings is no where near pre-pandemic yet. They've been negative earnings since 2020.

I think you mean revenue... but the problem is their debt payments eat up that revenue hence no earnings , or negative earnings actually.

[ghak99]

Hard to tell what it's a sign of, but it's often a sign of something.