Mr. Joshua Swimfanfan 43948 Posts user info edit post |
I've got some SH as a hedge and will occasionally buy some SPY puts when I think I might want more. 11/12/2014 10:30:14 PM |
theDuke866 All American 52838 Posts user info edit post |
I can't imagine owning SH, other than for very short terms...like hours or maybe a few days.
I want to buy something VIX-based and just sit on it, then sell it when the VIX spikes...wait for things to calm down, then buy more and do it again.
[Edited on November 13, 2014 at 11:38 AM. Reason : ] 11/13/2014 11:36:38 AM |
LastInACC All American 1843 Posts user info edit post |
Yahoo up 40% for me since BABA. uh...should I cash in? 11/17/2014 4:41:30 PM |
OmarBadu zidik 25071 Posts user info edit post |
planning to get in on the HABT IPO tomorrow - riding the DL wave today but got in late @ 16.85 11/19/2014 1:10:08 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
^ Did you get in on HABT pre-open market? If you did, how does one do that?
up over 100% already 11/20/2014 11:52:58 AM |
OmarBadu zidik 25071 Posts user info edit post |
i didn't - i got in via my order shortly after open beucase my limit wasn't high enough
from the basic reserach i've done in the past you have to have an account with the right brokerage firm - etrade / fidelity / etc have IPO offerings from time to time - they usually require a minimum of ~500k in the account to participate as well 11/20/2014 12:17:09 PM |
David0603 All American 12764 Posts user info edit post |
Yeah, got in on the Visa ipo and FB b/c of family members with UBS and Morgan Stanley accounts but they've since started managing their money themselves so no IPO goodness for me anymore. 11/20/2014 1:18:10 PM |
OmarBadu zidik 25071 Posts user info edit post |
hell of a rally at the end of the day - ended up 15% 11/20/2014 4:27:27 PM |
rflong All American 11472 Posts user info edit post |
Aren't there mutual funds geared solely for IPOs and mergers? Since us average investors cannot get in on these first day rallies, maybe a mutual fund like that will give some exposure to those gains although I'd imagine those funds are boom or bust. 11/20/2014 9:46:44 PM |
David0603 All American 12764 Posts user info edit post |
What's to stop you from getting in on one of those first day rallies? 11/20/2014 10:07:49 PM |
rflong All American 11472 Posts user info edit post |
I certainly could not get in on BABA or HABT. I guess I am not special. 11/21/2014 9:08:50 PM |
David0603 All American 12764 Posts user info edit post |
Uh, I got in at 92.70, its at 110 with a 52 week low of 82.81 11/21/2014 9:36:47 PM |
CuntPunter Veteran 429 Posts user info edit post |
I had to travel to the LA area back in 2012 for work and ate at one of these places and it really was a damn good burger. Better (but not drastically) than Five Guys and certainly had that "California everything is fresh and organic" type of flavor/flare to it. 11/22/2014 11:23:55 AM |
Kurtis636 All American 14984 Posts user info edit post |
anybody have any particularly strong opinions on 3D printing companies? Thinking about picking up some DDD or SSYS. I know there's some talk about HP entering the space and what not, but I'm of the mindset that the next 6 months to a year could start seeing both commercial and personal 3D printers becoming more and more commonplace. 11/22/2014 1:52:15 PM |
ctbekrid Starting Lineup 64 Posts user info edit post |
I bought about 50 shares of DDD last year at $46. It soared over $90 by January. Then it tanked in 2014, currently at $34ish. Should've doubled and sold..
I'm still in it for the long haul and will keep buying shares over the next few years... Cool technology that I think will make good profits. 11/22/2014 8:43:20 PM |
CuntPunter Veteran 429 Posts user info edit post |
I've been eyeing DDD for a couple months or so. Nearly bought at 40 but hadn't (and still haven't) done a lot of research on the narrative.
Quote : | "commercial and personal 3D printers becoming more and more commonplace." |
Why would they? Even as a tech person I still haven't been compelled to purchase one. What application would I use it for other than to play around with? They still aren't brain dead simple to use which is what it will take to get them in the home. I definitely could see them continuing to grow in the commercial sector but the more time goes on the more crowded this space will be.11/23/2014 12:09:51 PM |
Kurtis636 All American 14984 Posts user info edit post |
It's going to be a long time before they're commonplace, I just think it won't be that long before a lot of us know a guy who has one. I could see my dad getting one so he can tinker in his free time. The super early adopters got makerbots already, but the next wave of early adopters are gonna grab them soon. It's just a matter of when somebody does something cool enough with one that people will see their potential. It's already sort of happened with the plastic gun parts, but I'm looking for that broader aha moment item or application.
I think it'll start with things like enthusiasts of various stripes who need them to make things that they can't find (car collectors, home modelers, reenactment dorks, etc.), eventually high end shops will start offering very high levels of customization for various products, soon someone will figure out a way to 3D print things in a metal (probably aluminum or titanium) and that really will be a game changer for a lot of industries. We're still a long way from matter compilers like "The Feed" from Neil Stephenson's The Diamond Age, or Star Trek's Replicator, but they're not out of reach. People are already working on something like them for pharmaceutical applications.
It's going to be industrial and commercial applications growing first, but eventually it will move into the home. That's why I'm more interested in the guys who have been doing this for a while and have that existing market locked down.
[Edited on November 23, 2014 at 1:38 PM. Reason : wgsgs] 11/23/2014 1:34:25 PM |
theDuke866 All American 52838 Posts user info edit post |
Bought $5k of UVXY (2x leveraged VIX tracker) one week ago. Sold today for 7% profit. 12/1/2014 4:19:05 PM |
OmarBadu zidik 25071 Posts user info edit post |
anyone planning to take part in the lending club ipo?
anyone that has an account with received an email saying that they'd have some shares allocated to them (didn't say how many but i'm guessing based on amount invested currently) and that as long as they were fully paid for within 3 days of the ipo
[Edited on December 2, 2014 at 7:22 PM. Reason : 350 shares were offered - planning to purchase all] 12/1/2014 4:22:28 PM |
theDuke866 All American 52838 Posts user info edit post |
UVXY back down today...I'll probably buy back in tomorrow as long as it doesn't spike on the open or something.
I need to find a better vehicle for this...something with less contango effects to potentially get bitten by. I'm sure everything has some negative that can get you, though. 12/2/2014 10:50:43 PM |
David0603 All American 12764 Posts user info edit post |
^^ Yes 12/3/2014 2:58:03 PM |
LastInACC All American 1843 Posts user info edit post |
All green today...don't know the reason. Not complaining though. 12/5/2014 12:53:05 PM |
wahoowa All American 3288 Posts user info edit post |
anyone get access to the Robinhood app yet? 12/11/2014 9:40:38 AM |
OmarBadu zidik 25071 Posts user info edit post |
^ no but I signed up a long time ago
250 shares of LC @ $15 - here's to hoping 12/11/2014 10:03:57 AM |
soc33com All American 546 Posts user info edit post |
I think you need to up your bid by at least another $5/share
Nevermind didn't see your earlier post.
[Edited on December 11, 2014 at 10:18 AM. Reason : ahhh]
12/11/2014 10:14:59 AM |
David0603 All American 12764 Posts user info edit post |
Quote : | "250 shares of LC @ $15" | 12/11/2014 3:08:39 PM |
OmarBadu zidik 25071 Posts user info edit post |
i got in MOMO @ 14.99 as well - been a good day with HABT having a big climb 12/11/2014 3:20:15 PM |
wahoowa All American 3288 Posts user info edit post |
Bought $6K of TRUE back in Oct @ 16.75. Sold today at $23.10. Solid 38% return in two months.
There are 360K people in front of me for access to the Robinhood app
[Edited on December 11, 2014 at 5:00 PM. Reason : a] 12/11/2014 4:59:36 PM |
OmarBadu zidik 25071 Posts user info edit post |
138,110 People ahead of you 12/11/2014 9:51:46 PM |
LastInACC All American 1843 Posts user info edit post |
i just recieve this Quote : | " Hello!
We’re excited to let you know that your invite to Robinhood will arrive in the next 24 hours. The wait is finally over. Here’s a little more information about $0 commission trading with Robinhood: " |
[Edited on December 11, 2014 at 10:12 PM. Reason : s]12/11/2014 10:12:21 PM |
soc33com All American 546 Posts user info edit post |
I got an invite email this morning and just finished registration; will take 3 days for the funds to clear. I'll report back on this app next week if I don't forget. 12/12/2014 11:04:32 AM |
LastInACC All American 1843 Posts user info edit post |
Quote : | " How does Robinhood make money?
Robinhood charges interest for margin trading and collects interest on cash balances.
Robinhood is well-funded by notable investors such as Index Ventures, Ribbit Capital, Google Ventures, Andreessen Horowitz, Social Leverage, and many others, which affords us the freedom to focus on building a wonderful brokerage experience rather than short-term profits." |
I am not versed in the world of Wall Street, someone explain this
"charges interest for margin trading and collects interest on cash balances."
[Edited on December 12, 2014 at 11:16 AM. Reason : d]12/12/2014 11:16:17 AM |
David0603 All American 12764 Posts user info edit post |
Buying funds on margin is like taking out a loan for several days, so they charge interest on that. I frequently buy on margin so I don't have to have cash just sitting around idle in the account. 12/12/2014 12:26:06 PM |
soc33com All American 546 Posts user info edit post |
This is my understanding...
charges interest for margin trading => this is just when they loan you money to make trades and charge you a fee for the loan. So say you want to borrow $1000 to buy something; they will charge you say 5% on that loan. I have yet to do any margin trading.
interest on cash balances => similar to money in your savings account that collects interest 12/12/2014 12:26:39 PM |
David0603 All American 12764 Posts user info edit post |
How much trading do you guys do that you are excited about the new app? I probably only do ~ 6 trades a year. 12/12/2014 12:29:15 PM |
OmarBadu zidik 25071 Posts user info edit post |
will end at about 200 this year 12/12/2014 1:02:45 PM |
David0603 All American 12764 Posts user info edit post |
Damn, are you buying mostly or selling/buying? Is this just in your brokerage account? 12/12/2014 2:11:00 PM |
OmarBadu zidik 25071 Posts user info edit post |
both - i have 11 stocks that i currently own in that account - it's my play money account where i just make fun / dumb / risky moves
14.38% YTD in this account 12/12/2014 2:35:07 PM |
LastInACC All American 1843 Posts user info edit post |
http://www.marketwatch.com/story/investing-in-stocks-isnt-how-you-get-rich-2014-12-11
Quote : | "If we look at some of the hottest new “financial firms” we see companies like Robinhood and the RoboAdvisors popping up everywhere. Robinhood is a firm that allows you to trade for free from your mobile phone. And the RoboAdvisors allow almost anyone to invest in an automated “passive” portfolio service for a low fee.
But is all of this actually good? After all, the fact that the little guy has access at all to the secondary markets is a fabulous advancement. But I do wonder how positive many of these technological advancements are. Let’s be honest, virtually no one should be trading their account every day or engaging in the type of market timing that companies like RobinHood rely on. On the RoboAdvisor front, I still can’t see the value add in the approach — yes, it’s great to automate your approach, but much of what they do just looks like another way to layer on extra fees for something you can easily do on your own. " |
What's yall's thoughts? I just want to use Robinhood for their $0 Commission. I don't think I can engage in everyday trade and react to every tick and tock of the market.12/12/2014 2:37:10 PM |
moron All American 34141 Posts user info edit post |
https://www.robinhood.com
Just got my invite, going to see how this works... 12/12/2014 2:55:31 PM |
wahoowa All American 3288 Posts user info edit post |
I make about 100-150 trades a year doing short term trading in a discretionary spending investment account, so no fees could save me close to $1,000 per year. Im not going to let that pass me by. My results have been skewed by my recent gain on TRUE but Im up about 17% this year using short term buy/sell. 12/12/2014 2:58:42 PM |
David0603 All American 12764 Posts user info edit post |
Guess you guys must have more disp income. After 401k + IRA I'm usually tapped out 12/12/2014 3:44:08 PM |
CuntPunter Veteran 429 Posts user info edit post |
17% after commission? I'm up 13% but due to lack of time only had 30% of my capital deployed the entire year. The bulk of the gain was from Apple. 12/13/2014 10:05:23 AM |
LastInACC All American 1843 Posts user info edit post |
is there a way for my to transfer my stock holding from one broker to another? like going from Optionexpress to Etrade? 12/13/2014 12:13:51 PM |
CuntPunter Veteran 429 Posts user info edit post |
its easy. the new broker will do it if you give them the account numbers. 12/13/2014 12:57:59 PM |
moron All American 34141 Posts user info edit post |
I've got 2 invites to robin hood if anyone wants to jump to the head of the line. Pm first come first serve. 12/13/2014 7:30:54 PM |
LastInACC All American 1843 Posts user info edit post |
This is what I wanted to do with Robinhood but currently not supported.
Quote : | "We do not support Automated Customer Account Transfer Service (ACATS) at the moment. We plan on adding ACATS support in the future." |
[Edited on December 16, 2014 at 11:53 AM. Reason : d]12/16/2014 11:52:57 AM |
OmarBadu zidik 25071 Posts user info edit post |
got in on BLCM at open at 24.56 - gamble of the day 12/18/2014 10:28:46 AM |
Gonzo18 All American 2240 Posts user info edit post |
Yesterday, there were 450 thousand people ahead of me. Today I got an email stating that my invite would be here within 24 hours. 12/18/2014 9:31:33 PM |
Geppetto All American 2157 Posts user info edit post |
I'm up 16% (14% + 2% dividend) and all I had to do was invest in a simple market index fund for the low cost basis of $10.
I'll take hat every time 12/19/2014 5:59:54 AM |