ChiefsPlanet - Money Investing megathread extravaganza

The smart people like me bought in near $30. I've got a covered call for August for $37.5. If it doesn't hit I make some money but I am hoping it does so I can get out from this shit.

Apple has loads of money. Not likely.

I bought in on July 23rd for $188 and sold today on a limit order at $205. Not bad for a week's worth of work.

Apple usually has a spike, followed by a pullback after many good earnings reports. I may re-enter in a long position if it dips below $195 again but my always concern with Apple is it's composition share in many mutual funds I already own. When Apple does well, those funds usually benefit from Apple's gain. Not sure I want to add more investment risk for my long-term positions by loading individual stocks on a company that makes up so many other funds.

Don't get cocky, sunfresh.....the market will show you how smart you thought you were but really weren't in a hurry.

lewdog

08-02-2018 09:20 PM

Quote:

Originally Posted by petegz28 (Post 13657174)

Don't get cocky, sunfresh.....the market will show you how smart you thought you were but really weren't in a hurry.

Not everything posted on Chiefsplanet has to be serious, Bae.

lewdog

08-02-2018 09:27 PM

But getting back to basics, I always like a good value investment. May buy a long position in this shortly.

Talking about General Mills (GIS). Currently $45/share.

It has all the makings of value stock.
* 15 PE ratio
* 4.29% dividend
* trading at bottom of 5 year range. Was over $60/share in 2018
* Profitable by any and all measures. Cash flow is more than enough to handle their debt.
*Acquired Blue Buffalo for entry into the Pet Food business

Nothing exciting here but I think this one should jump back to $55 in no time.

lewdog

08-02-2018 09:36 PM

Another possible value investment but not without risk is Ford Motor. Recently returned to single digit stock for first time since 2012. It's not been pretty but it could make a decent comeback and the 6% dividend is very nice. But could that dividend be at risk similar to GE? Without a nice dividend, would Ford be worth holding? That's unlikely. I hold a small position of Ford Motor for the long-term and the dividend is the main reason on this one.

Rain Man

08-02-2018 09:44 PM

Quote:

Originally Posted by lewdog (Post 13657249)

My wife thought I was a fool for buying GIS a couple of years ago, and she was right. I think I'm down 25 percent or some such proportion. She thinks that their products are all old-school and that new generations of customers aren't interested in them. She may be correct, but I have to think that they've got enough market research to understand consumer directions and shift their product line if that's the case. I'm holding on, hoping for a comeback.

lewdog

08-06-2018 08:53 PM

Alibaba is getting pounded by this trade war, and unjustly so in my opinion. Could be a good buy in position. I am still long on BABA. Their financials are top notch. "The Amazon on China."

I hold a long term position on BABA and am looking to buy more on this dip.

/I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article. Buy at your own risk.

lewdog

08-06-2018 08:54 PM

Quote:

Originally Posted by Rain Man (Post 13657260)

My wife thought I was a fool for being GIS a couple of years ago, and she was right. I think I'm down 25 percent or some such proportion. She thinks that their products are all old-school and that new generations of customers aren't interested in them. She may be correct, but I have to think that they've got enough market research to understand consumer directions and shift their product line if that's the case. I'm holding on, hoping for a comeback.

It went up 5% in a few days after I wrote this on here.

Hope you bought more!

Discuss Thrower

08-07-2018 12:49 PM

lol TSLA.

DaFace

08-07-2018 12:56 PM

Quote:

Originally Posted by Discuss Thrower (Post 13663372)

lol TSLA.

Driven by this:

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Am considering taking Tesla private at $420. Funding secured.</p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1026872652290379776?ref_src=twsrc%5Etfw">August 7, 2018</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Rain Man

08-07-2018 12:59 PM

Quote:

Originally Posted by lewdog (Post 13662526)

It went up 5% in a few days after I wrote this on here.

Hope you bought more!

I didn't buy more, but now I'm only down 20%, so it's a win (relatively speaking).

Buehler445

08-07-2018 02:29 PM

Quote:

Originally Posted by DaFace (Post 13663390)

That’s....interesting.

petegz28

08-07-2018 02:31 PM

Quote:

Originally Posted by Buehler445 (Post 13663569)

That’s....interesting.

It had also better be legit or he can find his ass in a lot of trouble with the SEC.

DaFace

08-07-2018 02:36 PM

Quote:

Originally Posted by petegz28 (Post 13663578)

It had also better be legit or he can find his ass in a lot of trouble with the SEC.

It's legit.

https://www.tesla.com/blog/taking-tesla-private

Amnorix

08-07-2018 03:06 PM

Yeah, everything he says makes sense, and is part of the same stuff others talk about -- pressure on short term results instead of long term, etc. -- but given the nature of this company they are more vulnerable.

Not sure how he could give current shareholders the right to stay in as owners of a private company. Last I knew if you had X number of shareholders (400 or 500?) you would automatically become a public company and subject to reporting requirements. But maybe those rules have changed, I no longer do '33 and '34 Act stuff.

Hammock Parties

08-13-2018 06:37 PM

****ing IQ down again

****ing GO UP

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