Boiler Room: The Official Stock Market Discussion

[Majestic]

Brehs, I sold ERI today for a 40% profit. bought 50 shares at $10 with cost around $400 and sold at $17.

Would it make any sense to buy ERI again, but this time $400 worth of $17? $7 more this time than $10, but still spending $400

But I made a 40% profit on the first instant. Spent $400 made $350.

Do you mean that I should I have sold $350 worth of shares at first, and left the rest?

Anyone got an answer to these?

 

[Da_Eggman]

I bought at $15. what to do?

Hold long term imo

 

[Serious]

Anyone else think its a good idea to invest in wells fargo or bac?

 

[Da_Eggman]

had an epiphany, brehs. and that is; i dont know how the fukk to pick individual stocks im fukking done with it

starting a 5-ETF portfolio and gonna dollar cost average a shytload of money into it for the next month

IVV - S&P
DIA - Dow
QQQ - Nasdaq
VGT - tech
VNQ - real estate

might fukk with some stuff like wynn or some stuff i see in here. in the long run though, why complicate things not like i could beat these funds if i tried

definitely the safest route

 

[the cac mamba]

definitely the safest route

its not even the picking of the stocks. but i realized how much i fukked up by trying to time the bottom on particular stocks left so much fukkin gains on the table

we better get one more bottom

 

[the cac mamba]

Anyone else think its a good idea to invest in wells fargo or bac?

id go with wells. nice dividend

 

[Saysumthinfunnymike]

and Uber at $13. that ship has sailed

You can still get Uber most of the time in the low 20s, it's going to triple at least in the next couple years

 

[Saysumthinfunnymike]

I bought at $15. what to do?

it depends how much you put into it. You could just let it ride or hope it gets back to 15 and break even.

 

[Serious]

shyt is getting real in the aviation streets:
Airbus just banged on Boeing:

British Airways Airbus A350 Collides With Emirates Boeing 777 - Simple Flying

 

[Skooby]

I bought at $15. what to do?

Everything I get is a long term investment.

 

[Saysumthinfunnymike]

Apple up 12.5%

that's $12 not 12 percent. It's up about 4.5 because they announced how many sales they had in China. Someone gotta convince me Apple is going to be a $1000 stock before I get into it. They have obviously grown over the past 5 years but they've had some questionable periods as well.

 

[Serious]

id go with wells. nice dividend

if it hits low 20's again I'm in.


I'm really confident on Airbus though long term. So that's my main priority right now.

 

[Saysumthinfunnymike]

I just read an article on the ringer about the restaurant business and shyt don't sound good.. I know some of us myself included have made some nice short term gains on restaurants but I'm starting to feel like some of them might never come back. It's a risky play.

I feel a little better about airlines and hotels. I do not feel great about cruiselines and restaurants.

If you do buy in you might have to wait a while for it to pay off. That's of course if the market doesn't dip where you can get shyt at under $10

 

[Da_Eggman]

Everything I get is a long term investment.

I think bruhs should take a snap of investments today and then look back in a year

 

[the cac mamba]

JP morgan just said their fukkin profit is down 70 percent in Q1

we're getting that second dip brehs