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Old 08-12-2017, 08:44 AM   #946
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President Trump's tax plan won't be going though anytime soon with the Congress we currently have.

Electing President Trump was just the first step. There are a lot of power elite Republicans that still have to be DEFEATED, like McConnell and Orin Hatch and that rat bastard, John McCain.

But this is investing and Doc, take a look at RDS.B
Look closely.
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Old 08-12-2017, 09:57 AM   #947
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Quote:
Originally Posted by VALMET_M76 View Post
President Trump's tax plan won't be going though anytime soon with the Congress we currently have.

Electing President Trump was just the first step. There are a lot of power elite Republicans that still have to be DEFEATED, like McConnell and Orin Hatch and that rat bastard, John McCain.

But this is investing and Doc, take a look at RDS.B
Look closely.
P/B and P/S look attractive.

EPS growth for the next year is fair but projections for the next 5 years are not.

Dividend is excellent, like most of them, but like most of them it exceeds current EPS and like most of them, debt has become an issue.

Chart suggests it is in mid range of a downturn in share price.

I'm not finding anything on production growth.

Those are some of the stand outs to me.


I'm guessing is that you seem to find it attractive.
Fill me in.
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Old 08-12-2017, 11:08 AM   #948
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RDS is not paying the dividend with debt and their cash flow is increasing. They can also make money, and are, with oil at sub $50.

They are ramping up production and will be doing so for the next 5 years or so.

For an oil company, production is there
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Old 08-17-2017, 04:01 PM   #949
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Interesting day in the market.

I've been trading some with the volatility, as it is.

Too much weight on the market now, it appears.

Early this AM it seemed something was amiss.
I'm wondering now if those creating, or knowing, of this terrorist attack started selling off. Might be.

Anyhow, I sold off a little after the open and put it into VXX.
Still took a drubbing but that came up pretty well.
I'll put that and the profits back into stocks when the opportunity presents.

PRAVDA and the Left are going into a feeding frenzy over Trump currently.

I don't see his presidency surviving much longer.
Be prepared.
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Old 08-17-2017, 04:12 PM   #950
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I think a lot of people are starting to doubt whether Trump will ever be able to pass his tax reforms and as you mentioned, whether he will even last as president for the rest of his term

We have a lobbyist on staff who is stationed in DC. Earlier this year he was sending out emails weekly talking about all the great things that were in the works, meeting with various congressmen for pro-business legislation, etc. I haven't seen so much as a peep from him in 3+ months now
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Old 08-29-2017, 10:27 PM   #951
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Bought BBY on the dip today.
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Old 08-30-2017, 08:53 PM   #952
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My crypto investments have exceeded my expectations and traditional investment by 10x. This is a ridiculous run
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Old 08-31-2017, 08:52 PM   #953
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My crypto investments have exceeded my expectations and traditional investment by 10x. This is a ridiculous run
Just starting to take a look at this, & wish I had some funds to invest (recent graduate)...
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Old 08-31-2017, 09:09 PM   #954
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My crypto investments have exceeded my expectations and traditional investment by 10x. This is a ridiculous run
Doing great on Bitcoin (Coinbase) ... been looking at Ethereum but haven't done anything with that one.
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Old 08-31-2017, 09:28 PM   #955
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Doing great on Bitcoin (Coinbase) ... been looking at Ethereum but haven't done anything with that one.
Would you gents be willing to provide some good starter links, (as I'm new to the concept)? I'm starting a new job soon, & would like to set aside any excess funds I accumulate for this purpose...

Want to do it right & not lose my ass...

Thank you kindly in advance, it is much appreciated.
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Old 08-31-2017, 11:03 PM   #956
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Quote:
Originally Posted by KAC-SR-25-EMCARBINE View Post
Would you gents be willing to provide some good starter links, (as I'm new to the concept)? I'm starting a new job soon, & would like to set aside any excess funds I accumulate for this purpose...

Want to do it right & not lose my ass...

Thank you kindly in advance, it is much appreciated.
Set up account and create a "Wallet" (see last link below for choices).

A couple links (create Bitcoin account):

https://www.coinbase.com/buy-bitcoin

Local Sellers/Buyers (most sell fractional Bitcoin or minimum $amount):

https://localbitcoins.com/

Primer on Bitcoin:

http://www.wikihow.com/Use-Bitcoin

As an aside, I got into Bitcoin by accident as a buyer didn't have the cash but had Bitcoin. I figured it was the only way I would get paid although I could have perhaps have had it put into my PayPal account (not sure tho). May go higher or lower so there is always some risk but as a worldwide currency now it should be around forever I would think even as governments around the world hate competition for currencies that they can't control. Interesting how Bitcoin is saving many Venezuelans who planned ahead from starvation and as a means to also get their necessary life saving meds. Just wish I got into it much earlier but a 6 or 7 bagger for me so far and have even took a little off the table (now playing with the "house's money" as it were). May add more depending how economic conditions develop over coming months.
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Old 08-31-2017, 11:08 PM   #957
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Quote:
Originally Posted by Black Blade View Post
Set up account and create a "Wallet" (see last link below for choices).

A couple links:

https://www.coinbase.com/buy-bitcoin

Local Sellers/Buyers (most sell fractional Bitcoin or minimum $amount):

https://localbitcoins.com/

Primer on Bitcoin:

http://www.wikihow.com/Use-Bitcoin
Awesome! Thank you again!
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Old 08-31-2017, 11:29 PM   #958
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Seems like the downfall of cryptocurrencies might be when the IMF implements SDR...
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Old 09-18-2017, 04:36 PM   #959
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I finally tired of sitting on the sideline. I added 150 shares to my long position in Apple & started a new 175 share long position in MasterCard.

Apple was a no brainer for me as I already have a large long position & adding to it on this mini dip made sense.

MasterCard is a bit more of a gamble for me but I didn't have a solid long position in the ever increasing move from paperless currency.

Anybody else got anything going on?
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Old 09-18-2017, 06:37 PM   #960
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I got into the chip stocks pretty heavy this summer so that's good.

Added to my financials about same time also.

Have sold off some of my biotechs and pharma. Just bought back some AGN.


Nothing seems to bring this market down. Fucking thing is inflated with helium.

Tony Dyer of Genuity said today that it would do 2800 in the first half of next year.
He said it would end badly but it was a fair ways from ending.

Starting to look like the late 90s dot com bubble.....sort of.
We're not extreme yet but damn.

When everyone starts diving in with both fists, we're nearly over.
That's still at least some ways off as yet. I think.....

Also watch the yield curve.

Latest studies indicate that it's the Fed that causes recessions....lol

I sold off enough in past weeks that I'm about 25% cash at the moment.
I'll probably buy on the dips, as I have been.
Problem is the dips and shallow and short....

....before new money starts diving in....

See above


People claim valuations are frothy but they really aren't at this point. Not IMO.

And with global economic growth that has plenty of room to run.....?

Who the fuck knows where this ends.

RISK IS DEFINITELY TO THE UPSIDE

That's for now, at this moment, of course.
Shit can change fast.
I see 2510 as the new high before a brief pull back.

But shit, it seems like all the rules have been tossed aside.
There just isn't a correction or even a reasonable sell off.

So where do you go with that?

Damned if I know.

This bull ain't showing any signs of dying anytime soon though.

Oh, Fed meets this week. Wednesday will announce on interest rate change, or not.
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Old 09-18-2017, 07:04 PM   #961
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Here's my current portfolio, in order of current value:

DAL
CFG
WDC
AMAT
INTC
T
MS
DHI
QCOM
AGN
AMGN
SWKS
GOOGL
EDIT
PHM
BAC
NTLA
CRSP
CELG

I sold my GM about 6 weeks ago and that was a mistake.
Sold my FL as that was a total bust. Expensive bust.
Not happy.

Those were my mistakes this year.
I made money on GM though. On all of my trades and then finally when I sold it. So I guess that wasn't that bad. Just thought I'd be able to re-enter at a lower price.

I got into the homebuilders a little.
Home inventories are down.
Hurricanes.
Etc.
So I thought I'd try 'em out a little.
I expect it to take awhile to realize a substantial profit.

I traded MU for a nice profit but it's still going up and it's not showing signs of slowing.

EDIT, NTLA and CRSP are my gene editing play.
Total spec.
May fizzle but if they take off, IOWs if gene editing pans out, they are going to skyrocket. Very cool stuff but very high risk. Not for the faint of heart.
I had my son pick up some.
Told him to just consider it gone.
Put the stock in the corner and ignore it.
It's a very small amount.
I have a little more and I bought all three of those involved with MIT and Harvard in the gene editing thing.

I'm not pushing it hard. Just want people to know what I'm thinking about them.


I sold a lot of my biotechs and pharma. They were up to 1/3 of my portfolio at one point but it's a small sector for me now.
They're likely not done going up yet but I took some profits.
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Old 09-18-2017, 08:00 PM   #962
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I agree 100% on the international & emerging markets comment. The gap between their markets & ours is so large it has to close at some point & I'm betting on them pulling up rather than us sinking down.

So much so that I actually went out & invested in a couple of overseas mutual funds. I know I know. But I have zero knowledge of emerging markets & in this case mutual funds offer me the diversity that's essential to shoulder his kind of risk. I'm excited about the prospects...

OIGIX
TIDDX

We'll see how it shakes out over the next couple of years.
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Old 09-19-2017, 09:41 AM   #963
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Litecoin is going to is going to be the next good crypto in my opinion , Bitcoin is to expensive and volatile , too much risk now ( when it was cheaper it was different story ).

Most people don't want to pony up hundreds if not thousands for one coin , making Litecoin much more attractive and therefore more will buy it , in turn raising the value .
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Old 09-19-2017, 08:35 PM   #964
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Litecoin is going to is going to be the next good crypto in my opinion , Bitcoin is to expensive and volatile , too much risk now ( when it was cheaper it was different story ).

Most people don't want to pony up hundreds if not thousands for one coin , making Litecoin much more attractive and therefore more will buy it , in turn raising the value .
Litecoin, bitcoin, and Ethereum are all going up and down in unison. You can overlay their charts and they match up almost exactly. So litecoin is every bit as volatile as the bitcoin.
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Old 09-19-2017, 08:40 PM   #965
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Jamie Dimon, CEO of JP Morgan had some real interesting things to say about Bitcoin and the rest.

Compared them to "tulips."

No real dog in this fight, I don't give a shit if people invest in it.

Be careful though.
That's what I want for all of you who invest or trade in anything.
I don't want any of you to take a big hit.

So if you're going to go in for this, go small. It's a pure spec play.

Caution.

Don't blow your life savings on this.

And you might want to do a search and see the vid that Dimon did.

Good luck.
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Old 09-19-2017, 09:12 PM   #966
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In the scuttlebutt department I've heard from a couple of people that I trust that Apple is strongly considering a one time dividend payout. I haven't heard a solid figure yet but the range appears to be between $20 & $50 per share.
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Old 09-19-2017, 09:31 PM   #967
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In the scuttlebutt department I've heard from a couple of people that I trust that Apple is strongly considering a one time dividend payout. I haven't heard a solid figure yet but the range appears to be between $20 & $50 per share.
I'm looking here and their total cash/share is $14.78.

Maybe there's something I'm missing but maybe it's more like $2-5/share.

I can't see how they exceed all their available cash and borrow money to pay a special dividend.

They also have more cash currently because they haven't been paying royalties to QCOM pending litigation. At some point they are going to have to pay them some lump sum to make up for the time they haven't paid.


Just putting all that out there.
APPL's a good stock. Just more than I want to pay for it right now.
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Old 09-19-2017, 09:39 PM   #968
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Jamie Dimon, CEO of JP Morgan had some real interesting things to say about Bitcoin and the rest.

Compared them to "tulips."

No real dog in this fight, I don't give a shit if people invest in it.

Be careful though.
That's what I want for all of you who invest or trade in anything.
I don't want any of you to take a big hit.

So if you're going to go in for this, go small. It's a pure spec play.

Caution.

Don't blow your life savings on this.

And you might want to do a search and see the vid that Dimon did.

Good luck.
And yet JP Morgan is buying Bitcoin thru its European subsidiaries:

http://www.zerohedge.com/news/2017-0...bitcoin-europe

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Old 09-19-2017, 09:51 PM   #969
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I'm looking here and their total cash/share is $14.78.

Maybe there's something I'm missing but maybe it's more like $2-5/share.

I can't see how they exceed all their available cash and borrow money to pay a special dividend.

They also have more cash currently because they haven't been paying royalties to QCOM pending litigation. At some point they are going to have to pay them some lump sum to make up for the time they haven't paid.


Just putting all that out there.
APPL's a good stock. Just more than I want to pay for it right now.
Perhaps. Ergo the scuttlebutt. I have no idea if it's true just what I'm hearing from a couple of people who are generally in the know.

It's also possible I could've misheard the amount.
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Old 09-19-2017, 10:00 PM   #970
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And yet JP Morgan is buying Bitcoin thru its European subsidiaries:

http://www.zerohedge.com/news/2017-0...bitcoin-europe

That's interesting.

We'll have to see how it pans out.

I can't believe govts, esp the US govt, has allowed this to go on.

It will only make the damage worse when it comes down.

Or maybe in 100 years, everyone will be using Bitcoin instead of dollars.

Seems unlikely but one never knows for sure.
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Old 09-19-2017, 10:02 PM   #971
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Perhaps. Ergo the scuttlebutt. I have no idea if it's true just what I'm hearing from a couple of people who are generally in the know.

It's also possible I could've misheard the amount.
Their yearly dividend is $2.52.

So $2, or even $5 seems possible.

Still a nice dividend.

I think they did this a few years back also.
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Old 09-19-2017, 10:26 PM   #972
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And yet JP Morgan is buying Bitcoin thru its European subsidiaries:
They addressed this. JPM is simply routing customer orders; they are not buying for their own inventory.

http://markets.businessinsider.com/n...7-9-1002380059
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Old 09-19-2017, 10:36 PM   #973
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That's interesting.

We'll have to see how it pans out.

I can't believe govts, esp the US govt, has allowed this to go on.

It will only make the damage worse when it comes down.

Or maybe in 100 years, everyone will be using Bitcoin instead of dollars.

Seems unlikely but one never knows for sure.
Not much the government can do but go after some exchanges but the internet is uncontrollable now. Government tried to stop online gambling for example and that didn't stop them either.

Interesting was the interview I saw on FBN this morning - I especially like the part where one guess says that Bitcoin isn't backed by anything when the US Dollar is backed by "faith and credit" ... LOL

https://www.youtube.com/watch?v=ZehG4SQgwm8

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Old 09-19-2017, 11:27 PM   #974
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Oh, the govt could end it's use here pretty quickly...

...and crush bitcoin overnight.

I'm surprised they haven't.
It's interesting that they haven't.
Congress got briefed on it, I know that.

I don't think it's going to work out the way some think but I make no claims I can see the future of bitcoin. It's just MO.
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Old 09-19-2017, 11:55 PM   #975
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Litecoin is going to is going to be the next good crypto in my opinion , Bitcoin is to expensive and volatile , too much risk now ( when it was cheaper it was different story ).

Most people don't want to pony up hundreds if not thousands for one coin , making Litecoin much more attractive and therefore more will buy it , in turn raising the value .
I very much disagree. Litecoin has been around for a relatively long time. It offers no advantage over Bitcoin. It's the same block chain. I'm surprised it's still holding on.

You also didn't mention Ethereum, and now NEO, the real ones to be watching. These two are gaining big.

Bitcoin pricing is irrelevant. It doesn't matter if it's $30 or $30,000. Purchase amounts and percentage points are independent of value. you can buy $200 worth no matter what it's trading at.

I've heard it was overpriced at $200, $300, $700, $4000.

I'm looking forward to reading it's overpriced at $500,000+


Quote:
Originally Posted by drjarhead View Post
Jamie Dimon, CEO of JP Morgan had some real interesting things to say about Bitcoin and the rest.

Compared them to "tulips."

No real dog in this fight, I don't give a shit if people invest in it.

Be careful though.
That's what I want for all of you who invest or trade in anything.
I don't want any of you to take a big hit.

So if you're going to go in for this, go small. It's a pure spec play.

Caution.

Don't blow your life savings on this.

And you might want to do a search and see the vid that Dimon did.

Good luck.


Oh didnt he get bailed out by the .gov? Lol.

Notice Bitcoin was unleashed right after the bank crashes?

It's so volatile, that he can make a statement like that and then the price will drop. He will buy a bunch and it will rise again.

Crypto currency is unstoppable. There is too much money at stake now. Lawyers are getting big $ and will defend it in our economy. It's the future staring us in the face. Gov can fight it all they want, as they are the last to adopt change. I feel it's volatile because it's in its in an incomprehensible infancy.
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Old 09-20-2017, 02:20 AM   #976
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While Venezuelans starve some had exchanged Bolivars into Bitcoin and survive rampant inflation to get food and meds:

https://www.theguardian.com/technolo...rency-bolivars

https://cointelegraph.com/news/bitco...en-buying-food
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Old 09-21-2017, 09:29 PM   #977
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Quote:
Originally Posted by drjarhead View Post
Jamie Dimon, CEO of JP Morgan had some real interesting things to say about Bitcoin and the rest.

Compared them to "tulips."

No real dog in this fight, I don't give a shit if people invest in it.

Be careful though.
That's what I want for all of you who invest or trade in anything.
I don't want any of you to take a big hit.

So if you're going to go in for this, go small. It's a pure spec play.

Caution.

Don't blow your life savings on this.

And you might want to do a search and see the vid that Dimon did.

Good luck.
Dimon knew what he was doing. 2 days after his "Bitcoin is like tulip" interview, JP Morgan Chase acquired a large sum of bitcoin as a company.

ETA - lol I see someone already pointed that out
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Old 09-21-2017, 09:35 PM   #978
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To the poster that mentioned Litecoin- I would suggest you research that further. Litecoin has been around for a while and offers no differentiation.

Ethereum is the one "major" that has the most upside. NEO was looking good until the China fiasco, but I do still believe in that one. A token on the Ethereum platform that I love right now is OMG. That development team and purpose of the coin will allow it to succeed very nicely.
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