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Old 01-17-2018, 10:02 PM   #1001
TrustySam
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Re: Work Space for Learning How to Research Stocks

Wound up buying more ripple!

Kind of strange though, that for the first time, wound up being charged something like 20 ripple in transaction fees ... usually it's only about 1?

Anyways, am already up over $1k, so am pretty pleased with my crypto overall - even Oprah hasn't been able to make me that much, this fast


Guess the rally isn't as strong as it could be - but it's pretty decent, considering a lot of people may have gotten a bit spooked by such a huge drop happening so fast? Although the quick gains can be so tempting - wouldn't be surprised if a number of people who got nervous and sold are tempted to come back and give things another try in the next couple of days, once they see that things may be turning around?
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Old 01-17-2018, 11:37 PM   #1002
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Re: Work Space for Learning How to Research Stocks

Just sold my ripple and booked the profits, because it looked like bitcoin was about to take a turn - and when bitcoin takes a turn, it seems like so often everything else does too? My account was showing a total of $1.9k at the time had pressed the sell button - but it looks like only wound up with $1.5k in my account ... guess the price had started to take a turn, but were the rest fees??

Did it kind of seem like buying was a little more enthusiastic during the daytime in N. America today? Guess if there's been a lot of news in Asia possibly making people a little more nervous, then maybe it may take them a bit more time to warm up to things again?
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Old 01-17-2018, 11:59 PM   #1003
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Re: Work Space for Learning How to Research Stocks

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My account was showing a total of $1.9k at the time had pressed the sell button - but it looks like only wound up with $1.5k in my account ... guess the price had started to take a turn, but were the rest fees??
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Old 01-18-2018, 12:16 AM   #1004
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Re: Work Space for Learning How to Research Stocks

Have some follow-up stuff for that value stock that the stock screener identified as one that may be poised for a turnaround?


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Exploring Value Investing

So next, was hoping to maybe try buying some value stocks, of companies who have been struggling the last while, who appear to have possibly managed to turn things around? Guess stocks of such companies may sometimes have more room to grow because the price of the stocks may have become quite cheap?


Have been looking for ways to try and find potential value stocks, and found a stock screener over at Zacks.com that helped me find some.

And up popped this recommendation, for MDCO ...

With the following analyst estimates:

Maybe in addition to having the chance to possibly earn 100% gains, picking up a couple of shares of this stock may be a chance for me to work on improving my tendency to do the opposite of buying low and selling high?


One thing am not so sure about - have so far only bought stocks of companies who are already turning a profit, so have avoided companies like Tesla (TSLA). Not sure if it would be better to try to find a value stock that's already turning a profit, or maybe it doesn't matter?

Here's this company's earnings for last year:

Guess maybe tomorrow, can try to find out more about why analysts feel the company may be poised for a turnaround this year, and see if that helps?
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The stock from my stock screener's down 6% today - not sure if should be buying the dip, or what? lol

There were a couple of articles listed on the stock's yahoo page that talked a bit more about why the company may do better this year than they did last year - and one of them was especially great, because was wondering if it mattered if the company wasn't turning a profit, and they talked about that in the article.
https://finance.yahoo.com/news/medic...144712327.html


They were saying that if a company isn't turning a profit, then it's important for them to have enough cash to be able to cover their costs - and they feel that MDCO should be able to do that?

Guess they sold off a division that they weren't able to manage profitably, and the deal they made will still earn them royalties on any of the medications that get sold? So they were able to pocket some money from the sale, and now they'll be making money instead of losing money from that division - and they're operations will be streamlined to focus on developing a new cholesterol drug they hope to have ready for FDA approval by the end of this year?


Have been buying those short-term options, and then selling them before they expire. They also have longer-term options, where the holder can buy shares for a set price at the agreed-upon time - maybe that might be a neat way to give value investing a try ... buy buying an option to buy shares instead?

One option to buy 100 shares for $25 in a year's time would only cost $500 - and then here's some other ways an option would be different from buying 100 shares for $25 right now ...

The analysts are predicting that the share price could rise to as high as $49.50 by next year - but guess right now, the market only feels the company is worth $25.37? MDCA was down another 3% today at one point, before rebounding a little - so it feels like there's more risk involved in investing $2,500 in this company, than in something else like Amazon?


One nice thing about the option only costing $500 is that there'd still be $2k free to invest in something that feels safer, like Amazon?

Guess one not so nice thing about the option is that will need for the price of MDCO to go higher than $30 just to break even - and if the price of MDCO in a year's time is $24.99, will lose the entire $500?


Also, the only person willing to sell a $5 option (for 100 shares) actually wants $5.80 for it - guess $80 isn't so much of a difference in $, but was reading in a book that paying more for an option than 1/25 of the strike price of $25 is a super fish move? Guess the higher price will make it that much harder to turn a profit, if the company isn't able to meet analyst expectations?


Does $580 seems like a good enough deal? Would people rather be the person selling the $580 option, given that MDCO is a bit of a train-wreck?

Last edited by TrustySam; 01-18-2018 at 12:30 AM.
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Old 01-18-2018, 12:22 AM   #1005
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Re: Work Space for Learning How to Research Stocks

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LOL!!

Ahhh, Sam's such a fish

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Old 01-18-2018, 01:21 AM   #1006
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Re: Work Space for Learning How to Research Stocks

Almost forgot - was able to find two other companies who will be reporting earnings next week, that seemed like they might be okay to try buying short-term options for, and was able to get a nice price on them?



These are the things that can have 90% swings in a day - so a week's a long ways away. Was lucky to have made something like a 70% return on my first one for Citigroup, and the super swingy one Morgan Stanley has their earnings report tomorrow - so hope that goes okay?


And hopefully crypto may pick up again tomorrow morning when everybody's up in N. America?


Night everybody
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Old 01-18-2018, 01:41 PM   #1007
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Re: Work Space for Learning How to Research Stocks

Gosh, slow day in the markets - crypto market, regular market ... and no sunshine ...

On blah days like today, will usually try to keep my eye out for something interesting and different to try and make the day a little more fun, and wound up stumbling upon this sweet little tweet ...

#WinnieThePoohDay
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Old 01-18-2018, 05:42 PM   #1008
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Re: Work Space for Learning How to Research Stocks

Such a slow day in the markets - maybe a good day to take a break from all the homework of looking over investing stuff, and do something else instead?


Was going to maybe go to the mall and get some exercise and look at cookbooks, but may just give into the urge to take a nap Can maybe look at recipes online later instead?

There's so many nice recipes online - and trying out new dishes can sometimes be a pretty easy way to keep life from getting too routine, which seems to happen so easily when it's cold and dark out in the wintertime?


This chicken looks so yummy!


Be back in a bit ...
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Old 01-18-2018, 09:29 PM   #1009
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Re: Work Space for Learning How to Research Stocks

Ahhh, that nap was so enjoyable

Have a couple of light investing things to look over, but not too much - there should be plenty of time to take it easy, look over recipes on Pinterest, and surf the internet. Also SWAT's on tonight ... how's that for fun?


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Old 01-19-2018, 01:10 AM   #1010
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Re: Work Space for Learning How to Research Stocks

May have a fiesta week next week, and make some Chipotle at home, with like a fresh corn and avocado salsa, grilled chicken, roasted onions and peppers, tomatoes, rice and beans ...






Can make a burrito one day, and a bowl the next ... or maybe a quesadilla with a side salad? Mexican food's great, because it's an easy way to lean meats and lots of veggies in a way that's super healthy, and tasty too. So that should be a nice change from the soup and sandwiches have been eating lately, while trying to get my investing a little more organized


While was looking around the internet, also spotted this article about Vanessa Selbst and her move into trading. Have heard the name Ray Dalio a lot - is that mostly from investing stuff, or has he been in the news for being politically active?

Wonder how Vanessa's been finding investing - would be interesting to see her start posting in the Investing section, but probably she must be busy?
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Old 01-19-2018, 01:43 AM   #1011
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Re: Work Space for Learning How to Research Stocks

Guess buying a call option would maybe be a bit like making a $500 sports bet that a stock that's currently $25 will be higher a year from now? So maybe a bet that (1) a company can improve their earnings, (2) and also that the market will continue to be robust?

And if the price is lower, the seller gets to pocket the money - although if it's higher, guess the size of the prize will depend on how high the stock is able to rise?


Quote:
Originally Posted by TrustySam View Post
One option to buy 100 shares for $25 in a year's time would only cost $500 - and then here's some other ways an option would be different from buying 100 shares for $25 right now ...

One of my options reported their earnings this morning, so the stock rose a little bit before the market opened and was able to sell my 1-week option with another really nice profit ...

Guess the profits with the short-term options have been super high because the market's been so hot this month? Today the market had a rare down day, and the other two options just bought yesterday wound up going down quite a bit, just from normal market variance ...


Yesterday ...
Quote:
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Today ...



These things are super swingy, but will hopefully be back in the plus by the time their earnings are reported next week? Guess one of these weeks it may be possible there's some Trump news that tanks the market, and could wind up takin my options down with it - would wind up losing the whole amount then, but guess with the market doing so well, hopefully most of the time these options will wind up in the plus and will wind up doing okay overall?

Am not very sleepy because of my nap, but should try to get some rest - night everybody
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Old 01-19-2018, 03:32 PM   #1012
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Re: Work Space for Learning How to Research Stocks

This article was saying that S. Korea may have a decision about those regulations by next Thursday or so?

Wonder what do people feel the chances of a ban vs setting up a regulatory framework may be?


You know what have been noticing about my portfolio - last year, wasn't having very much success in shorting stocks. And then this year shorting SHLD seems to be the poorest performing of all my holdings, both in my real portfolio and my play money portfolio?

Have been starting to wonder if maybe my 'cup half full' approach to life may be why longs have tended to go better for me than shorts? Like if seeing what's interesting and unique and promising about stuff comes more naturally to me, but am not very often focused on the other half of the cup very often?


Have been feeling as if maybe S. Korea may be unlikely to ban crypto - since they believe in free markets, and wouldn't want to do something authoritarian that would go against popular sentiment, and stuff? Seem to remember an article saying officials kind of balked at passing the regulatory framework that they were planning, because the market seemed to feel that they were enthusiastically embracing crypto the way Japan did last year - and they didn't want to send that message, because they're worried about people losing money on something that's so popular but quite volatile as well? So guess was wondering if maybe the talk of a ban was maybe more of a way to show everybody that they would like people to be cautious and use good bankroll management, and stuff like that?


Wonder if there's much of a chance S. Korea might feel a ban would be better??
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Old 01-19-2018, 07:20 PM   #1013
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Re: Work Space for Learning How to Research Stocks

The weather was sunny and above zero for the first time in weeks, so had a chance to go for a little walk in the park.

Was quite out of shape, and got a bit winded fairly quickly! Also, it looks like my iphone photography has gotten a bit rusty - tried taking some photos of all the little kids tobogganing in the winter wonderland, but didn't manage to catch quite the photos was hoping for ...



Will maybe have some more chances to try again on the weekend - it's supposed to be quite beautiful out again on Saturday and Sunday.

Hope everybody has a nice weekend!
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