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My (extremely limited) understanding is that there are specialists whose role is to buy and sell stocks at times when there are only buyers or only sellers. How prices work in that situation is beyond me, though.
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Feb 4, 2010 19:39
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HHHH posted:I started a brokerage account a few months ago, but I'm now in a situation where I might need to pull some of that money out for emergency expenses. Some of my stocks have gained, some have lost. Conventional wisdom tells me to sell the winners. But being less than a year old, I would have to take a hit with short-term capital gains taxes. If you're having to take money out for emergency funds, I'm assuming you don't have hundreds of thousands of dollars invested and that your gains haven't been so substantial that paying short term capital gains tax is going to be that huge of a hit. Assuming that's true, I'd re-evaluate each stock you own based on the information today. Whichever of them you'd be least interested in buying at it's current price is the one you should sell first.
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Apr 8, 2010 23:41
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greasyhands posted:... the equity reopens +300%, you immediately sell your shares for $3 apiece leaving you with $3,000.. I still have my $1,000. You gained money, I lost no money. Wealth has just been created. ... Except an entirely new party is now out $3,000 for those 1000 shares of stock, thus finishing the zero sum (ignoring brokerage fees). Wealth hasn't been created, it has been transferred. It will again be transferred when that holder sells his shares to someone else, regardless of whether it's more or less than his buy price. Trading does not create wealth. Dividends could be seen as creating wealth, though. Sure, the price of a stock goes down by an amount equal to the dividend paid, but it can theoretically go right back up.
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Apr 15, 2010 06:03
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Jack posted:Look at CRM today, it traded 2,208,889 shares and had a high of 83.97. You're confusing what market cap is; this is the amount all outstanding shares are worth if they were to be sold at the price of the last trade. In practice, only a company being bought out will result in all outstanding shares being purchased at the price of the most recent trade (usually significantly more, even). Attempting to sell every outstanding share of a stock at market value will never, in practice, happen. Try to sell even $100k worth of stock for a random small cap and you'll almost certainly drive the price down a bit.
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Apr 15, 2010 06:09
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ReD_XIII posted:Recently in the news it has been bubbling about how Israel would consider attacking Iran even without United States support if Iran continues to try and develop their Nuclear program. In the completely minuscule chance that Israel does indeed invade Iran, what effect would it have on the oil market and stocks from companies originating in Iran in general? Would oil go up because of choked supply yet Iranian oil companies go down due to an inability to deliver their product? If this does happen, what would be some good competing stocks to invest in versus Iran, and what Iranian stocks would likely suffer the most? Sorry if this seems a bit preemptive or terribly stupid, it was only a passing thought that I can't seem to find any answers for myself. If this were to happen, the entire middle east would go apeshit and would likely hurt any oil companies who draw their supply from this area of the world. And yes, it would also increase oil prices substantially until the supply issue was dealt with, which would likely result in companies whose supply comes from elsewhere putting up some very nice numbers indeed. I can't help you with finding which oil companies would benefit the most, though.
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Apr 22, 2010 06:48
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ifuckedjesus posted:What do you guys think of RIG? They are getting some bad publicity with the BP disaster but pay a decent dividend and are roughly 1/2 price of where they were a few months ago. There's other offshore drillers that are almost as beaten down by the spill as RIG and don't have the same potential liabilities that RIG has. Until their full liability in the spill is known, I'd stick with other drillers.
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Jul 27, 2010 23:59
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No. 9 posted:Anyone have thoughts on ATPG? I just recently added them to my watch list, and I think they have the potential to double or even triple over the next 2-3 years if things go well for them, but that's a very big if and there's a lot of risk here. They've got a lot of debt, 4 consecutive quarters of losing money with another 2 projected, and with the whole Gulf of Mexico fiasco going on it's not entirely known just how bad those next 2 quarters are going to be. Also, both the market and oil had big rallies today that I don't think will last. So my thoughts on them are that I'm not a buyer until they've announced Q2 earnings, the market has pulled back, and oil is under $75/barrel. Once all of those things have occurred, I'll be looking for an entry point.
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Aug 3, 2010 02:26
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Oxphocker posted:Did anyone listen to the conference call for ESLR on the 3rd? Their fundamentals look pretty horrific at a glance. Sure, it's possible that they might become profitable in 2011, but there doesn't appear to be any evidence suggesting that this is a likely scenario. It appears much more likely that they'll need to raise capital through another public offering, or taking on more debt which they're already up to their ears in. If you're looking for a high risk bet with potential to increase your investment by 2x or more, you're going to get better odds in a casino IMO.
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Aug 4, 2010 20:09
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No. 9 posted:Well picking up ATPG the other day was a smart move for me after all. I hope you got out before earnings, that was brutal. I'm still seeing more room to fall before this moves up again.
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Aug 6, 2010 17:33
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antishock posted:I mentioned ARMH before and its gotten some good press recently regarding entering the data center / virtulaization market "soon". Anyone have thoughts? As a company, I like ARMH's current position. They should do well for the next 3-5 years. However, technology changes quickly these days, and it's anyone's guess what their position will be beyond that timeframe. As a stock, it's way overpriced on a fundamental basis. There's already some pretty huge expectations baked into the stock price, and personally I wouldn't dream of buying it at these levels. The chart on this looks like it's just going to keep plowing upward, and it very well may, it's just not for me.
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Aug 26, 2010 21:49
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WDC looks like a no brainer value pick. It might not appreciate quickly, but I find it very hard to believe that you won't be significantly ahead a couple years from now if you buy today.
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Aug 27, 2010 01:08
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I think there's at least one other person here interested in BNVI. Craziness going on after hours, first announcing a 1 for 5 reverse split, then waiting a few hours to announce they've received positive guidance from the FDA on Menerba's P3 trial. I have no idea what to expect from this tomorrow.
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Aug 31, 2010 01:11
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jstirrell posted:On that note, does anyone have any thoughts on OCZ? They seem to be decently positioned in the SSD market and seem to be focusing on it more and more. From their 10-K: "For the fiscal years ended February 28, 2010 and February 28, 2009, our net sales were $144 million and $156 million, respectively and our net (loss) was $(13.5) million and $(11.7) million, respectively. " So they're losing 13.5 million a year, sales shrank, and they have 4.3 million cash on hand with 10.7 million in debt. That debt's either going to keep going up, or they're going to do a secondary offering if things don't improve soon. That said, they do look cheap based on forward earnings, but I'd rather hold off on them until they've actually achieved another quarter of positive earnings, or dilution happens. Sure, it might cost a little more after a good quarter, but I think it's more likely that something bad will happen than something good in the short term. Long term, they do have a great deal of potential, but I'm not entirely sold that SSD is going to be the standard storage option any time soon. It's much more expensive than a traditional HD for much less storage space right now. Yes, there's a lot of other advantages to it, but I believe we still have a minimum of 3 years before the technology has improved enough that big retailers would use them in a majority of their pre-built computers. They will also face a great deal of competition from companies with much deeper pockets than they have.
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Aug 31, 2010 15:17
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destructo posted:HA, I figured something like this would happen which is why I've been out for quite some time (sold out on news of the patent a while back when it spiked to 0.65 or so). No delisting imminent now but they'll definitely dilute again in the near future. Gonna go do some research to see how much cash on hand they've got. I sold out then too, but bought back in when the price settled back down to .42. I still think they have a fantastic drug candidate; it's much safer than alternative treatments based on P2 trials, and the market for it leaves it with the potential to be a billion dollar a year drug. The company's sitting on a market cap of ~40 mil which just seems obscenely low even for a company who's this far away from market. The real question right now is how they intend to fund both of the P3 trials and keep their day to day operations going (they've been burning about 4-5 million per quarter). They stated the first P3 trial should cost them 20 million, and they're sitting on I think ~6 million. There's going to be dilution in some form, and it's going to happen soon; I'm just hoping it involves a partnership with reasonable terms. For someone who isn't already in this, I wouldn't touch it until they've acquired the next round of funding. As for me, unless a partner materializes and boosts the share price up considerably, I'm just going to sit on it until they make it through their first P3 trial. Long term, I want to cut my position in half on the first decent upward movement, and hold the rest all the way through FDA approval/denial which I'm estimating at about 3 years out.
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Aug 31, 2010 18:59
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Thoogsby posted:Could EQIX be a decent value play now that its had its head chopped off? A 30% drop seems excessive for guiding their Q3 earnings lower by 2% and their full year revenue by .01 billion. Especially when they're reporting that their margins are improving. You could go with a speculative buy, but there is nothing resembling value in EQIX even if it were to drop another 30%.
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Oct 6, 2010 17:49
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I know calling tops & bottoms is more or less luck, but does anyone have any insight as to where the market is likely to head over the next few months or so? I've basically been entirely unable to predict the market since the start of September. The only explanation I see anywhere is LOL QE2 makes everything go up! As of today, I'm sitting on a 100% cash position and I'm really torn as to whether I should just sit on it for awhile or get back in the market. I'm up about 35% on the year, so if there's no clear direction to where things are headed I'm content to sit on it rather than gamble.
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Nov 10, 2010 18:40
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Orgasmo posted:I may not be wealthy enough, savvy enough, or have the right connections in order to cash in on the next Big Hot Thing, but I certainly can discipline myself to hold off until the inevitable correction occurs, then swoop in and buy for the long-term. This. I'm missing out on any moves the market makes right now because it's simply trading on the idea that money will pour into it because it's less bad than other investments currently appear to be. I am not comfortable putting my money on the line based on this, and am waiting for the inevitable pullback. I don't know when that's going to happen, but I do fully intend to remain very cash heavy either until that pullback happens, or the economy has turned around enough to justify the current market's prices on a fundamental basis.
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Dec 7, 2010 20:05
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GregNorc posted:How crazy would I be to throw this 5K into speculation? That depends on how much you think you're going to need that 5k; speculation can lead to big gains, but it can also lead to big losses. In all honesty, though, I do believe people investing with 5k should be looking to take just 1 or 2 positions to avoid getting eaten up by fees. I'd highly recommended more diversification beyond that, though. Those 1 or 2 positions should, however, be very well researched. Like the previous poster said, you've indicated that you don't have any experience nor any knowledge to use to make a reasonable valuation estimate. There are a lot of companies out there that have advantages over their competitors and are generally well run whose stock I wouldn't touch with a 10 foot pole.
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Dec 16, 2010 06:45
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ikillhostages posted:I'm trying to wrap my head around this but how does V beat earning estimates and the stock barely moves? People aren't terribly interested in what Visa's done in the past quarter, they want to see how hard they're going to be hit if/when fee limits go into effect.
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Feb 3, 2011 23:21
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I don't think you're going to get much anything out of VZ beyond its dividend payment over the next year, and maybe some slight upward movement to match the market if things go upward from here. I wouldn't call it a bad buy, particularly if you're looking to hold it for more along the lines of 5+ years, but if you're looking to turn a quick profit, I'd look elsewhere.
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Feb 7, 2011 23:04
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ikillhostages posted:NFLX just keeps going up. Anyone think its due for a big correction? I don't think we'll see NFLX fall until they have a quarterly report that shows growth has significantly slowed. Once that happens, though, look out below.
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Feb 14, 2011 23:19
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Cheesemaster200 posted:Oil? Going into a recession? When the dollar is strengthening to weakness in Europe? When the US is starting to fully utilize an extremely large amount of natural gas? I'm not the person you were replying to, but I do agree with you on oil. Absolutely not the place to park your money if you're looking for a safe haven. And on the subject of safe havens, straight cash isn't a bad play right now with the dollar strengthing, treasuries paying a pittance, equities crashing, and precious metals falling. I do, however, think significantly lower lows are imminent, albeit not to March of 09 levels. I've been sitting on 100% cash for the last couple weeks, and am expecting to see a test of 1040 on the S&P500 that served as support several times last summer before QE2 kicked in.
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Sep 24, 2011 02:08
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What I'm still unsure about is what does JPM's unwinding of their massive credit default swaps position on corporate bonds mean for corporate bond holders, if anything? I've got some VWESX in my IRA and am wondering if I shouldn't... I really don't know if the underlying corporate bond market might be affected/manipulated as part of this. I have a pretty favorable opinion of corporate bonds right now if market fuckery isn't factored in.
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May 14, 2012 03:29
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