I do everything buy and hold. I have been just finding a new stock every month that I think has long term value and throwing the same amount of money from my budget in it. I will probably start building up each stock I already own going forward.

DIS
MO
ROKU
SPCE
SDC
NRZ
GOOGL
APHA
TLRY
MTN
ABB
LUV
AMD

Champ Bailey said:

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I do everything buy and hold. I have been just finding a new stock every month that I think has long term value and throwing the same amount of money from my budget in it. I will probably start building up each stock I already own going forward.

DIS
MO
ROKU
SPCE
SDC
NRZ
GOOGL
APHA
TLRY
MTN
ABB
LUV
AMD

---

I like your list so far. Having a bigger bucket like that, you'll almost certainly end up with a real dud or two, but you'll also likely end up with a couple multi-baggers to far outweigh the losers.

I think a lot of folks think the same way on TSLA. Look at those premiums! Sept $800P are $24, Jan2021 $800P are $65, and Jan2022 $800P are $150.

The timing will be difficult- what would have to happen for enough downward pressure to make all of those new retail trades sell a stock they've made so much money on? And do you think that is likely to happen before November? Honestly the Jan2021 $900P doesn't look too bad when you consider TSLA was at $350 earlier this year. Lots of risk though!

Bob Knights Liver said:

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I think a lot of folks think the same way on TSLA. Look at those premiums! Sept $800P are $24, Jan2021 $800P are $65, and Jan2022 $800P are $150.

The timing will be difficult- what would have to happen for enough downward pressure to make all of those new retail trades sell a stock they've made so much money on? And do you think that is likely to happen before November? Honestly the Jan2021 $900P doesn't look too bad when you consider TSLA was at $350 earlier this year. Lots of risk though!

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You aint kidding. It's always been too rich for my blood. Playing options on it is like the craps table to me. It is YOLO YO bets actually. Day traders make a killing on it though.

My issue is if you buy puts out past Sept your realistic max upside is 100%-200%, which to me is low considering how high the risk is. Also as you said that cost makes it too expensive for me to play as a low EV gamble.

Think Twitter starting a subscription service is going to be a big one. The company is not going away anytime soon.

TxAG#2011 said:

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Think Twitter starting a subscription service is going to be a big one. The company is not going away anytime soon.

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How does that work?

Probably will make big corps and check marks start to pay up

QQQ / SPY just hit ATH.

QQQ seems to be running along the top end of the channel. Break upwards?

TxAG#2011 said:

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Probably will make big corps and check marks start to pay up

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So, kind of similar to LinkedIn model where you can get enterprise licenses for various services above and beyond free stuff.

And if I'm a corporation I tell them to pound sand. The actual user base of Twitter is much smaller IRL than people think and provides no value. Zero benefit to pay them anything unless Twitter is going to give you pay option to cancel your detractors. Lol.

And I think you are completely wrong. Take for instance the Washington Post. They currently have 16 million followers. They have a massive outreach. You think they are actually going to say they don't want it and lose that?

That amount of outreach is probably worth millions of dollars to them. Now multiply that by thousands of other massive accounts. Corporations have zero leverage here. Nowhere else to go.

TxAG#2011 said:

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And I think you are completely wrong. Take for instance the Washington Post. They currently have 16 million followers. They have a massive outreach. You think they are actually going to say they don't want it and lose that?

That amount of outreach is probably worth millions of dollars to them. Now multiply that by thousands of other massive accounts. Corporations have zero leverage here. Nowhere else to go.

---

Oh, I'll be wrong. No question.

I would just like to see someone tell them to shove it and move on without it to see what would happen. Our touchpoint with Twitter is almost solely to social monitor people complaining. And we don't even do that well based on the metrics I've seen. It's kind of a self-fulfilling prophecy function. If you give someone a way to complain about something that normally wouldn't matter...then they will.

It's make work. I've opted not to even have a handle for my area because there is literally no good that would come of it other than having to staff a headcount to monitor something we don't need.

From what I've read, the actual user base for Twitter is surprisingly small. It ends up being news outlets, talking head pundits, bots, and malcontents.

YouBet said:

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TxAG#2011 said:

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And I think you are completely wrong. Take for instance the Washington Post. They currently have 16 million followers. They have a massive outreach. You think they are actually going to say they don't want it and lose that?

That amount of outreach is probably worth millions of dollars to them. Now multiply that by thousands of other massive accounts. Corporations have zero leverage here. Nowhere else to go.

---

Oh, I'll be wrong. No question.

I would just like to see someone tell them to shove it and move on without it to see what would happen. Our touchpoint with Twitter is almost solely to social monitor people complaining. And we don't even do that well based on the metrics I've seen. It's kind of a self-fulfilling prophecy function. If you give someone a way to complain about something that normally wouldn't matter...then they will.

It's make work. I've opted not to even have a handle for my area because there is literally no good that would come of it other than having to staff a headcount to monitor something we don't need.

From what I've read, the actual user base for Twitter is surprisingly small. It ends up being news outlets, talking head pundits, bots, and malcontents.

---

If people are dumb enough to pay for ad free spotify, and Texags Premium, they would pay for ad free twitter.

Also, I bought TWTR last week, and am up 12% so far so my bias is obvious.

Wirefence99 said:

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.
JAGGF

.44 now

Nice

$1+ by spring

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Why are you so positive on this?

Tumble Weed said:

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YouBet said:

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TxAG#2011 said:

---

And I think you are completely wrong. Take for instance the Washington Post. They currently have 16 million followers. They have a massive outreach. You think they are actually going to say they don't want it and lose that?

That amount of outreach is probably worth millions of dollars to them. Now multiply that by thousands of other massive accounts. Corporations have zero leverage here. Nowhere else to go.

---

Oh, I'll be wrong. No question.

I would just like to see someone tell them to shove it and move on without it to see what would happen. Our touchpoint with Twitter is almost solely to social monitor people complaining. And we don't even do that well based on the metrics I've seen. It's kind of a self-fulfilling prophecy function. If you give someone a way to complain about something that normally wouldn't matter...then they will.

It's make work. I've opted not to even have a handle for my area because there is literally no good that would come of it other than having to staff a headcount to monitor something we don't need.

From what I've read, the actual user base for Twitter is surprisingly small. It ends up being news outlets, talking head pundits, bots, and malcontents.

---

If people are dumb enough to pay for ad free spotify, and Texags Premium, they would pay for ad free twitter.

Also, I bought TWTR last week, and am up 12% so far so my bias is obvious.

---

There are so many subscription based services these days that adding on another $5-10 bucks for something that most people use as much or more than Spotify, Netflix, Dis+ etc isn't some huge dilemma it used to be. Think about how many people with 5k, 10k, 100k, followers that are making a brand that would literally disappear without twitter. Of course those people will pay up and probably a decent amount too.

I still can't believe all these companies have been essentially given a platform to advertise to millions of people for free. I have no doubt they will pay the piper when he calls.

Keeping an eye on schools being virtual, AMD kills it in the budget laptop sector. Just sharing my thoughts on that.

Always appreciate your insight and approach. I added to my AMD stack a bit today too.

TxAG#2011 said:

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Tumble Weed said:

---

YouBet said:

---

TxAG#2011 said:

---

And I think you are completely wrong. Take for instance the Washington Post. They currently have 16 million followers. They have a massive outreach. You think they are actually going to say they don't want it and lose that?

That amount of outreach is probably worth millions of dollars to them. Now multiply that by thousands of other massive accounts. Corporations have zero leverage here. Nowhere else to go.

---

Oh, I'll be wrong. No question.

I would just like to see someone tell them to shove it and move on without it to see what would happen. Our touchpoint with Twitter is almost solely to social monitor people complaining. And we don't even do that well based on the metrics I've seen. It's kind of a self-fulfilling prophecy function. If you give someone a way to complain about something that normally wouldn't matter...then they will.

It's make work. I've opted not to even have a handle for my area because there is literally no good that would come of it other than having to staff a headcount to monitor something we don't need.

From what I've read, the actual user base for Twitter is surprisingly small. It ends up being news outlets, talking head pundits, bots, and malcontents.

---

If people are dumb enough to pay for ad free spotify, and Texags Premium, they would pay for ad free twitter.

Also, I bought TWTR last week, and am up 12% so far so my bias is obvious.

---

There are so many subscription based services these days that adding on another $5-10 bucks for something that most people use as much or more than Spotify, Netflix, Dis+ etc isn't some huge dilemma it used to be. Think about how many people with 5k, 10k, 100k, followers that are making a brand that would literally disappear without twitter. Of course those people will pay up and probably a decent amount too.

I still can't believe all these companies have been essentially given a platform to advertise to millions of people for free. I have no doubt they will pay the piper when he calls.

---

Honestly I think that there will be a "Facebook Premium" at some point.

The psychology behind buying "stars" vs appearing poor is strong.

When I was a kid, the car that you drove signified your status. I was amazed when I realized that the phone that you carried was the younger generations status symbol.

Whether we are talking about PINS, MTCH, FB, TWTR, SNAP, etc, we need to realize that the status symbols have changed, and invest accordingly.

tailgatetimer10 said:

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Keeping an eye on schools being virtual, AMD kills it in the budget laptop sector. Just sharing my thoughts on that.

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Good insight. Notice how on my 2nd post when I started this thread that all those names are about as Covid proof as you can get while still being aggressive and some are Covid positive as well as likely positive if Covid goes away. This is calculated and thought out but not over complicated. Hope this makes sense.

Great minds! Haha. Obviously didn't nail it but if we break 59-60 over the next month or two will I really care? I'm busy and have other stuff to do. If you can't be glued to a screen all day every day then you cannot expect to get perfect entries.

59 South said:

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Great minds! Haha. Obviously didn't nail it but if we break 59-60 over the next month or two will I really care? I'm busy and have other stuff to do. If you can't be glued to a screen all day every day then you cannot expect to get perfect entries.

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I wasn't too terribly worried about timing my entry point today. Planning to hold for a while, maybe even a long while.

Once we break 60 (high odds it happens unless macro debacle) I'll keep posting when I makes moves on it. It's a cyclical so be careful really long term. Upside is 100 or so by late fall / end of year where I'd probably be done with it

Tumble Weed said:

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*Software Developer, not a financial expert*

Right now 10% cash in the account. Usually keep 0.

In order of market value in my account.
AAPL 25% of my account
FB 10%
INTC 9%
BABA
JPM
AMTD
BAC
CFG
HSBC
SYF
C

Leveraged index funds that I own that I would not buy again. I will sell these when they go positive.
TQQQ
UPRO
UDOW

My watchlist is much longer and based on my custom algorithm so I wont post that right now.

If my formula works over this next year then I will share it.

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My account right now. All the rooks are always asking for a Corona virus account. Here is mine.


AAPL
TWTR
EA
FB
MTCH
ALGN
PINS
BABA
JD
SNAP
STX
PFE
INTC
WU

Made some big shifts out of the banking sector, as small business will suffer in the near term, and I cannot predict who is most exposed. Will cash out of WU shortly when I get the chance.

Giddy up, and Yee Haw!

Been watching AMD since you first posted it. Gave in and bought today at 55.94. Let's go!

wmitchell said:

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Been watching AMD since you first posted it. Gave in and bought today at 55.94. Let's go!

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Don't get mad at me if it fails and tests 50 again, although odds are it is 60 before 50 imo. [disclaimer]

wmitchell said:

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No way I can get mad for someone predicting the stock market - especially for free.

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Cool, it really is a casino except marginally smart people always win, and the odds are stacked with the players instead of the house.

Look at the history of AMD trading. I've traded this from 4 dollars up. Never ever ever ever sell this thing at a loss. The most memorable was it's fall from 30 to 16, and it didn't take long to get back. It's super shaky.

It's become more stable now that many of the shorts are gone, but still

Yup, my read on it is that it's a trader's stock just like other semis like MU. That was my first experience with semis. They'd blow out earnings and tank cause forward guidance. Boom light bulb! Cyclical. Use, abuse and lose. That being said, I think it tops >100 within a year and I'll happily sell out. I'd likely take a loss and move on if it were to tank and lose 200 EMA

I went on ahead and purchased AMD as well. It's a small position, but based on the bullishness on this thread, I figured I'll try it out. My portfolio looks like this now:

PXD
AMZN
MSFT
TTD
CRWD
ZNGA
MTCH
WEX
MA
SQ
AMD

Plan is to hold for a while. Right now overall portfolio is up about 26 percent since I moved money back into my trading account back in March. WEX is killing me right now as I'm down about 10 percent on that one.

Studied up a bit on AMD the past few days since it's really the only stock I'm actively trading right now. I've decided to lower my 3rd tier entry price. I'm thinking 59.50 was too high. I'm watching it closely as there are at least a couple of options on the table depending on price action. For example, daily close >57.50, shakeout flush and flash under 54... may be others depending on how this week plays out. This lot will have a short leash though so it gets more active. What I'm trying to do is lower the cost basis of the other 2 lots I'm holding longer. And every $2 I can profit on the 3rd tier takes $1 off cost basis of the other two combined. I'd be looking to sell this lot for a quick turn around if we get an explosion move up over 60.

To explain why AMD is getting my full attention, I think we're due some reshuffling from the big money. Just too many extended runners in other names. AMD is a good candidate to benefit from some profit taking in others and rotation to some high upside laggards.

This play is what I'm doing with my capital from selling 60% of my JD last week over $68 which was a double. The capital from that sell is almost exactly the same as my max AMD exposure with 3 tiers in. In fact, if I max out AMD with 3 tiers and the average cost basis is $55.69, then it will match my JD sell exactly which was all profit!

Hope all this makes sense and helps you guys out. I've learned so much from this forum and feel obligated to pay it forward. I'm not going to be right all the time, but I hope my hits outnumber my misses.

I've got a busy life going on right now so I'm slowing it down and focusing more on stuff like this so I'm likely going to post here instead of the other thread where it has become more day trading, complex strategies, debating, etc. I really think most who lurk are more my style. I've literally made 9 total trade transactions in the past 4 months in only 4 total names. 5 were shares and 4 were options. 2 of those were dumb speculative options that I had no business messing with in hindsight.

Now let's make some money!

I'm in AMD as well and I also am taking this premarket action, if it holds, as positive confirmation and will be increasing my shares and calls. I'll likely add to my Jan2021 $75 calls as well as add some calls for Aug or Sept. I'm going to be taking some profits from others as well and putting them into AMD.

I don't recall my stop off the top of my head but I'm going to leave it static if we run up a bit in case of a brief pullback. I want to let this one play out. On the other end I will be letting this run without any profit taking for awhile should AMD continue upward this week.

Love love love this strategy. I'd probably be in some options as well if I had more time to manage.

When getting into more tactical entries like I want to this week with 3rd tier, I start looking at the 60 minute charts and look for rising trendline support rising up to previous tops. Today that would be rising up into 57 and building to take out 57.50 area for good. That would be a good pop play up to 59 quick. Then you start getting into real breakout potential. That's when you start seeing short, medium and long term channels lining up for a power play. If it fails, it fails but lots of upside potential...