Stocks

[ccbrown50]

Any stocks worth picking up today? I’ve done well with both ConocoPhillips lately.


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[JTRichardson]

in.

picked up RCL and CCL back in March - has performed really well since I bought

[Biggs]

Originally Posted by JTRichardson

in.

picked up RCL and CCL back in March - has performed really well since I bought

I bought some CCL and Disney back in March too. Just waiting.

[curtintex]

Originally Posted by JTRichardson

in.

picked up RCL and CCL back in March - has performed really well since I bought

Yep! I picked up Cracker Barrel, Royal Caribbean and Cinemark and they’ve been killing it lately.


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[HighwayHunter]

Crestwood


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[ccbrown50]

Hoping CCL comes through myself.


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[Graysonhogs]

I picked up Cinemark(CNK) last month and it's up about 80%.

[DedDucks]

I’ve done pretty well the last few weeks on DKL and HAL


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[Graysonhogs]

Originally Posted by curtintex

Yep! I picked up Cracker Barrel, Royal Caribbean and Cinemark and they’ve been killing it lately.


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Yes, I'm happy with the Cinemark. I picked up some AMC as well, it's up a little.

[RR 314]

USO is up to $18 a share from $2.00. I saw on another site where a guy thought he was loaded after buying heavy at $3.50. He missed the 8x (reverse) split. Ooooof.

[ccbrown50]

Originally Posted by HighwayHunter

Crestwood


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Just took a look at Crestwood. I’m in.


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[ccbrown50]

Originally Posted by RR 314

USO is up to $18 a share from $2.00. I saw on another site where a guy thought he was loaded after buying heavy at $3.50. He missed the 8x (reverse) split. Ooooof.

I’m in lite on USO myself. After looking at my portfolio yesterday, took me a second to realize what happened.


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[solocam_aggie]

Havent seen anything today to make me jump. Im loving CPG right now. Up 82%

[Boomstick]

Oxy, hal, mro, lpi

[Hooverfb]

You could blindly pick just about anything the last month or so and have made a 30% return. I did well on some mlps plus the dividend, bringing it closer to 35%, for now going back to mostly index fund and four "fun" trades, bep, digital realty, zyne, and et.

[firemanjj82]

Y'all have piqued my interest. I have one question, though. I have an account with Fidelity, but it cautioned me heavily before looking into USO. Is there something specific that I need to know about USO that's different from any other stock, like AAL and such?

I had to review a Designated Investments Agreement before it would let me do anything. And yes, I'm not a "sophisticated investor"...

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[Burnadell]

Originally Posted by firemanjj82

Y'all have piqued my interest. I have one question, though. I have an account with Fidelity, but it cautioned me heavily before looking into USO. Is there something specific that I need to know about USO that's different from any other stock, like AAL and such?

I had to review a Designated Investments Agreement before it would let me do anything. And yes, I'm not a "sophisticated investor"...

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To address your question, YES! There are considerable differences, and many people buy it with no clue as to what they own. Don’t be one of those.

I can’t and won’t give investment advice on an Internet forum, but I strongly urge you to do your research and make sure you understand what it is. It is NOT a company like American Airlines. Good luck!

[Bayouboy]

Bought MPC at 17 and change. Now over $30. And, paying dividends.

[wtx223]

Bought some SPY and QQQ puts for mid May this afternoon....

[firemanjj82]

Originally Posted by Burnadell

To address your question, YES! There are considerable differences, and many people buy it with no clue as to what they own. Don’t be one of those.



I can’t and won’t give investment advice on an Internet forum, but I strongly urge you to do your research and make sure you understand what it is. It is NOT a company like American Airlines. Good luck!

Thanks. I'm not trying to act like I know what I'm doing, but I'd like to know a little more...hence the question. Thanks again.

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[saintsfan]

Originally Posted by HighwayHunter

Crestwood


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this was a consistent performer for me up until last year. Relatively high dividends to boot!

[Hoggslayer]

HAL, COP, and MRO are doing pretty good but I'm new to all this trading stuff.

[Hank Hill]

Stng

[AlaskaFlyerFan]

Out of curiosity, how long do you hold a stock that is not performing well? As an example, I bought CRON a couple years ago at $7.37 and it shot up to over $25, (I know, I should've sold it then), before declining for the last year. Now it is down to $5.94. I'm not sure if I should dump it and take the loss or hold on to it for a while longer. I have a couple others that fluctuate.

I'm just trying to get a feel for what you guys do in situations like this. It seems like most of you are a lot more active, monitoring, buying, selling, than what I am.

[Burnadell]

Originally Posted by AlaskaFlyerFan

Out of curiosity, how long do you hold a stock that is not performing well? As an example, I bought CRON a couple years ago at $7.37 and it shot up to over $25, (I know, I should've sold it then), before declining for the last year. Now it is down to $5.94. I'm not sure if I should dump it and take the loss or hold on to it for a while longer. I have a couple others that fluctuate.

I'm just trying to get a feel for what you guys do in situations like this. It seems like most of you are a lot more active, monitoring, buying, selling, than what I am.

What was the reason for buying this company in the first place? Has that rationale changed? How are the fundamentals of the company? The industry? Are they growing revenues and profits? Cash flow? Likelihood of continued earnings increases? Producing products or services that people want or need? How is the balance sheet? Leveraged? Company management?

These questions are important when INVESTING in a company. What has changed from when you bought it?

Gambling by blindly buying a stock is different. There are lots of things to consider when buying a COMPANY.

[locolobo]

I've got some Dow Inc. Was in the mid 40s before this mess. Hit the low 20's and is now in the mid 30's. Put a few $ in @ low 30's and expect it to get back up into the mid 40's again soon. Did the same during the 2008 slump. Made a few $ in my 401K.

[AlaskaFlyerFan]

Originally Posted by Burnadell

What was the reason for buying this company in the first place? Has that rationale changed? How are the fundamentals of the company? The industry? Are they growing revenues and profits? Cash flow? Likelihood of continued earnings increases? Producing products or services that people want or need? How is the balance sheet? Leveraged? Company management?

These questions are important when INVESTING in a company. What has changed from when you bought it?

Gambling by blindly buying a stock is different. There are lots of things to consider when buying a COMPANY.

You just answered my question with 12 questions! Twelve!! Maybe I should have been more vague in my question. I guess I opened myself up for an interrogation.

I'm going to try to answer 12 questions in a few sentences. I am not a stockaholic!! I don't go through the 12 step program you outlined above!! I usually buy stocks on a whim. I do a little bit of research and decide if I want to but a stock. If it looks good to me I might buy it. I tend to hold on to the stocks I buy because, well, I don't pay close enough attention to the market or the individual stocks. Sometimes my dabbling works out and sometimes it doesn't.

[Hooverfb]

Originally Posted by Burnadell

What was the reason for buying this company in the first place? Has that rationale changed? How are the fundamentals of the company? The industry? Are they growing revenues and profits? Cash flow? Likelihood of continued earnings increases? Producing products or services that people want or need? How is the balance sheet? Leveraged? Company management?

These questions are important when INVESTING in a company. What has changed from when you bought it?

Gambling by blindly buying a stock is different. There are lots of things to consider when buying a COMPANY.

This. Dont randomly guess like you're in Vegas. Have a plan. Double check the plan. Triple check the plan. Ask the GS for their best advice then stick to the plan. If the stock fits your plan criteria, and is still performing according to your criteria, then evaluate it by your rules.

Dont do anything until you know your rules, and be sure about your rules. Write them down if you have to.

[Hooverfb]

Originally Posted by AlaskaFlyerFan

You just answered my question with 12 questions! Twelve!! Maybe I should have been more vague in my question. I guess I opened myself up for an interrogation.

I'm going to try to answer 12 questions in a few sentences. I am not a stockaholic!! I don't go through the 12 step program you outlined above!! I usually buy stocks on a whim. I do a little bit of research and decide if I want to but a stock. If it looks good to me I might buy it. I tend to hold on to the stocks I buy because, well, I don't pay close enough attention to the market or the individual stocks. Sometimes my dabbling works out and sometimes it doesn't.

That is a good way to lose money. Lol.

[AlaskaFlyerFan]

Originally Posted by Hooverfb

That is a good way to lose money. Lol.

Exactly why I'm not heavily invested in stocks.

[bmac]

I dabbled in some velocity shares a while back and that turned out to be a bad deal. They just track companies and not actually have assets. Lost some money but learned some things. Recently I’ve been looking at overall drops YTD to see if the companies are like are discounted enough. Some companies typically have a consistent price and pay dividends and hoping they bounce back.


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[txbowhunter08]

Don't mean to high jack ya thread but whats yalls thought on gush?

[Mini-x fan]

Originally Posted by txbowhunter08

Don't mean to high jack ya thread but whats yalls thought on gush?

I'm wondering the same thing. Looking at getting into the market myself.

[Burnadell]

Originally Posted by txbowhunter08

Don't mean to high jack ya thread but whats yalls thought on gush?

Never heard of it. What is the company, what do they do, and are they profitable?

[999]

Originally Posted by wtx223

Bought some SPY and QQQ puts for mid May this afternoon....

I’ll bite, you expecting the index’s to take a big hit in 2 weeks?

[Mossback]

Originally Posted by wtx223

Bought some SPY and QQQ puts for mid May this afternoon....

Same here. May and June puts on spy, sdow, sds etc too. think it’s about run it’s course. Had a hell of a ride on way up with options and underlyings but I just can’t see it holding, too soon too fast. Try and catch a ride down and hunt my way back up the Mtn again.

[Burnadell]

Originally Posted by AlaskaFlyerFan

You just answered my question with 12 questions! Twelve!! Maybe I should have been more vague in my question. I guess I opened myself up for an interrogation.

I'm going to try to answer 12 questions in a few sentences. I am not a stockaholic!! I don't go through the 12 step program you outlined above!! I usually buy stocks on a whim. I do a little bit of research and decide if I want to but a stock. If it looks good to me I might buy it. I tend to hold on to the stocks I buy because, well, I don't pay close enough attention to the market or the individual stocks. Sometimes my dabbling works out and sometimes it doesn't.

If you don't do your research on these fundamentals, you are not investing. You might as well go play the slot machines.

[Mossback]

Originally Posted by Burnadell

If you don't do your research on these fundamentals, you are not investing. You might as well go play the slot machines.

I don’t always agree with you but this is % correct. The information and research is out there and very easy to find. There are lots of good ideas from the redneck network on tbh etc but you need to educate yourself and make sure you are making very calculated decisions. Don’t get you’re face ripped off

[BTLowry]

Originally Posted by Burnadell

If you don't do your research on these fundamentals, you are not investing. You might as well go play the slot machines.

Originally Posted by Mossback

I don’t always agree with you but this is % correct. The information and research is out there and very easy to find. There are lots of good ideas from the redneck network on tbh etc but you need to educate yourself and make sure you are making very calculated decisions. Don’t get you’re face ripped off

Any suggestions on where one can educate themselves on how to PROPERLY research a stock and what to look for and avoid?

I have an account with TD Ameritrade and have spent quite a bit of time reading and watching under the education tab and have learned a little bit

I already had my "face ripped off" about 15 years ago blindly buying on the recommendation of some folks I was working with.
Took me this long to make another attempt and would like to do have better results

[RiverRat00]

How do I go about to buying stock?

I am ready to invest, have $1,200 from good Ol Trump to get started- maybe one day I will be rich like him with the money he gave me..

[glen]

RiverRat. Easy is just use a paper check on an App like E*TRADE. You take a photo of front and back and it takes a few days to be able to invest it. Has to clear bank. Go ahead and open an account and start researching a few stocks. You can either set a point to buy if stocks drop to that price or you can buy at market price. Friday afternoon would have been as good a time as any as the market made a little correction and fell off Thursday/Friday.

[Burnadell]

Originally Posted by BTLowry

Any suggestions on where one can educate themselves on how to PROPERLY research a stock and what to look for and avoid?

I have an account with TD Ameritrade and have spent quite a bit of time reading and watching under the education tab and have learned a little bit

I already had my "face ripped off" about 15 years ago blindly buying on the recommendation of some folks I was working with.
Took me this long to make another attempt and would like to do have better results

Brian, honestly, I don’t know, but I am sure there e are books available to teach these things, but I don’t know which one to suggest. I learned to read a balance sheet and income statement in accounting classes in college. I furthered that through years as a commercial banker lending to businesses, although deciding whether to lend a corporation money vs investing in it is somewhat different. Then 27 years in the investment business has added more callouses and understanding. There are some good books out there to read, and I’m sure someone will mention some.

The stock market is fickle. It can and does humble the most seasoned investors. Investing in stocks is not a sure thing, and there will be losers. The key is to have your winners outnumber your losers. Reggie Jackson did not hit home runs every time he stepped up to bat.

Most people would not hesitate to call a repairman to fix their air conditioner or whatever when they could learn to do it themselves, yet they will do whatever they can to save fees when investing and “go it on their own” with no idea what they are doing. The systems are in place for folks to invest, but they should have the knowledge to know what they are doing. The best way to make money in the market is to try not to lose it first!

[Burnadell]

Originally Posted by Burnadell

Never heard of it. What is the company, what do they do, and are they profitable?

I looked at it. This is not a company/stock.

It is a LEVERAGED ETF: Direxion Dly S&P Oil&Gs Ex&Prd Bl 3X ETF

Unless you know what you are investing in, know how it reacts to the movements of its components, and accept that risk, I would not suggest it. It is not for the faint of heart.

[bmac]

Originally Posted by Burnadell

I looked at it. This is not a company/stock.

It is a LEVERAGED ETF: Direxion Dly S&P Oil&Gs Ex&Prd Bl 3X ETF

Unless you know what you are investing in, know how it reacts to the movements of its components, and accept that risk, I would not suggest it. It is not for the faint of heart.

I second him on this. I played with them for a bit and they are sketchy. Stock it tracks goes up, it goes up at a multiplied rate. Stock goes down it goes down. Stock goes up and it goes down . It goes down to much, it’s triggers a reverse split. They are high risk and only way I made money was by minute trading these things and that still had a pucker factor. If wanting to trade these then you have the same risk of the slot machines.


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[ntxshooter]

Originally Posted by BTLowry

Any suggestions on where one can educate themselves on how to PROPERLY research a stock and what to look for and avoid?

I have an account with TD Ameritrade and have spent quite a bit of time reading and watching under the education tab and have learned a little bit

I already had my "face ripped off" about 15 years ago blindly buying on the recommendation of some folks I was working with.
Took me this long to make another attempt and would like to do have better results

https://www.bogleheads.org/wiki/Main_Page

Tons of good info.

[ntxshooter]

Originally Posted by Mossback

I don’t always agree with you but this is % correct. The information and research is out there and very easy to find. There are lots of good ideas from the redneck network on tbh etc but you need to educate yourself and make sure you are making very calculated decisions. Don’t get you’re face ripped off

Agree as well

[BTLowry]

Originally Posted by ntxshooter

https://www.bogleheads.org/wiki/Main_Page

Tons of good info.

I will spend some time reading through that


Randy I know I can't be an investing genius without a lot of hard work, experience and practice, I just don't want to be the idiot that has something blow up in their face

[Graysonhogs]

Originally Posted by RiverRat00

How do I go about to buying stock?



I am ready to invest, have $1,200 from good Ol Trump to get started- maybe one day I will be rich like him with the money he gave me..

Robin Hood or TD Ameritrade


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[Hooverfb]

Originally Posted by Burnadell

Brian, honestly, I don’t know, but I am sure there e are books available to teach these things, but I don’t know which one to suggest. I learned to read a balance sheet and income statement in accounting classes in college. I furthered that through years as a commercial banker lending to businesses, although deciding whether to lend a corporation money vs investing in it is somewhat different. Then 27 years in the investment business has added more callouses and understanding. There are some good books out there to read, and I’m sure someone will mention some.

The stock market is fickle. It can and does humble the most seasoned investors. Investing in stocks is not a sure thing, and there will be losers. The key is to have your winners outnumber your losers. Reggie Jackson did not hit home runs every time he stepped up to bat.

Most people would not hesitate to call a repairman to fix their air conditioner or whatever when they could learn to do it themselves, yet they will do whatever they can to save fees when investing and “go it on their own” with no idea what they are doing. The systems are in place for folks to invest, but they should have the knowledge to know what they are doing. The best way to make money in the market is to try not to lose it first!

Very true. I didn't do 27 years in investments, but I did write algorithms for a small private management firm for 250k+ only clients. What I learned is even with advanced knowledge, the data is only as useful as the person looking at it.

I'd say the most basic and important thing is to learn to read a balance sheet and income statement. Then learn not to just be able to read it, but understand it and be able to extract ideas from it, especially over a period of time. This is useful for more things than stocks. My dads last job was at the steel mill, and after the bearing business spun them off as a separate entity, I pointed out to them they had almost no cash and as much assets as liabilities. He left and got his job here in texas closer to grandson and now during corona the steel mill has laid off folks that have never been laid off before.

Investing specific advice is different, but the above is a good start

[Burnadell]

Originally Posted by BTLowry

I will spend some time reading through that


Randy I know I can't be an investing genius without a lot of hard work, experience and practice, I just don't want to be the idiot that has something blow up in their face

Brian , the Bogleheads (I have never read or studied it) apparently have some great information, but it is more directed in more overall strategy and allocation. It does not address investing in individual stocks, which Vanguard does not do.

Call me anytime you have any questions if I can be of assistance.