Iemon wrote:
Ghost of Igloi wrote:
But you said “likely not this year.” As the financial advisor said “no one can tell when that will be.” So it is just as likely to be tomorrow. And keep in mind he is a financial advisor.
I didn’t suggest when it would be. You did.
Oh but you said when it wouldn’t be and that is a time qualifier.
You can’t have it that way so go suck on your lemon.
Ghost of Igloi wrote:
Iemon wrote:
I didn’t suggest when it would be. You did.
Oh but you said when it wouldn’t be and that is a time qualifier.
You can’t have it that way so go suck on your lemon.
You said when it WOULD be. I said when it WOULD NOT be. See the difference?
Now go fondle your little Igy.
Iemon wrote:
Ghost of Igloi wrote:
Oh but you said when it wouldn’t be and that is a time qualifier.
You can’t have it that way so go suck on your lemon.
You said when it WOULD be. I said when it WOULD NOT be. See the difference?
Now go fondle your little Igy.
No.
la gente ésta muy loca wrote:
seattle prattle wrote:
...added to my Google position just before the market close in that earnings would be announced after hours.
2 Questions .
Why ?
How many shares ?
Why? For a couple of reasons. Long term, i like what they are doing with artificial intelligence and driverless cars. And as for the timing, i've had good luck adding to FANG positions just before earnings, if you check back, you can see i;ve noted on this message board that i've done this a few times in recent quarters with just about all of these, and the buy of Netflix a week or so ago is about the only one that worked against me.
As for how many shares, what does that matter to anyone besides myself? I can tell you that i went and checked and my first buys of this stock , which i still own, dates to 2005 at an average price of about $100, now up what i think comes out to be over 1,200%.
Ghost of Igloi wrote:
Nah, the key words are:
“Things that are most hyped produce the most pain”
It will end badly regardless of the time frame but most likely soon.
And sometimes the things getting the most notoriety do so becuase they are the most noteworthy?
Does this description fit for Apple? Microsoft? Google? Facebook? Amazon?
All are arguably absolutely revolutionary in how we communicate and conduct business.
The value one prescribes for that accomplishment may vary but to fail to acknowledge their status as a game-changer is just plain wrong-headed.
seattle prattle wrote:
The value one prescribes for that accomplishment may vary but to fail to acknowledge their status as a game-changer is just plain wrong-headed.
Oh, Snap!
seattle prattle wrote:
Ghost of Igloi wrote:
Nah, the key words are:
“Things that are most hyped produce the most pain”
It will end badly regardless of the time frame but most likely soon.
And sometimes the things getting the most notoriety do so becuase they are the most noteworthy?
Does this description fit for Apple? Microsoft? Google? Facebook? Amazon?
All are arguably absolutely revolutionary in how we communicate and conduct business.
The value one prescribes for that accomplishment may vary but to fail to acknowledge their status as a game-changer is just plain wrong-headed.
Seattle,
No problem in their business, you just hold them at ridiculous valuations. You think just like ever investor blinded by greed.
What is wrong headed is your view of how this ends.
We’ll see.
Igy
Oh, snap! wrote:
seattle prattle wrote:
The value one prescribes for that accomplishment may vary but to fail to acknowledge their status as a game-changer is just plain wrong-headed.
Oh, Snap!
Snap Guy,
Seattle and you have bought the same narrative as every other momentum investor. You belief is just so common it is laughable really.
“The dominance of FAANG stocks in the increasingly popular passive market (read: ETFs) makes the acronym (and market) risky as many of the ETFs are using the same “momentum” factor. Consider that just five stocks (FAANG) are a top 15 holding in 605 ETFs:
ETF Ownership of FAANG Equities
2018: 605
2017: 501
2016: 430
2015: 332
2014: 277
2013; 230
2012: 175
2011: 101
2010: 62
2009: 14
2008: 9”
Reference Doug Kass
Igy
I'm not married to them. You seem to get that confused. Things may change and so may my portfolio.
And what am i blinded to, your way of thinking of valuing high growth companies? When you're on the wrong side of a trade long enough, you are wrong. Period. We can disagree about the future but past performance is a hard one to argue.
Seattle,
Your facts are incorrect. I managed over $140 million and own large positions in those stocks, but at much smaller allocations.
We will see if your adept as you think you will be. I believe you admitted it didnot work so well in the small drop in February. My assumption is the real bear market will test you. My advice is to prepare in advance.
Good luck though.
Igy
Ghost of Igloi wrote:
Snap Guy,
Seattle and you have bought the same narrative as every other momentum investor. You belief is just so common it is laughable really.
Igy
Again you submit your personal fantasies about other posters because you cannot argue the facts of the situation. You are pathetic.
Trews wrote:
Ghost of Igloi wrote:
Snap Guy,
Seattle and you have bought the same narrative as every other momentum investor. You belief is just so common it is laughable really.
Igy
Again you submit your personal fantasies about other posters because you cannot argue the facts of the situation. You are pathetic.
What evil lurks in the heart of men? Only the shadow knows....
Perhaps not. You consistently display the evil in your heart on this very thread. Perhaps someday you will stop being dishonest and manipulative. I won’t hold my breath.
seattle prattle wrote:
la gente ésta muy loca wrote:
2 Questions .
Why ?
How many shares ?
Why? For a couple of reasons. Long term, i like what they are doing with artificial intelligence and driverless cars. And as for the timing, i've had good luck adding to FANG positions just before earnings, if you check back, you can see i;ve noted on this message board that i've done this a few times in recent quarters with just about all of these, and the buy of Netflix a week or so ago is about the only one that worked against me.
As for how many shares, what does that matter to anyone besides myself? I can tell you that i went and checked and my first buys of this stock , which i still own, dates to 2005 at an average price of about $100, now up what i think comes out to be over 1,200%.
"i've had good luck adding to FANG positions just before earnings, if you check back, you can see i;ve noted on this message board that i've done this a few times in recent quarters with just about all of these"
Alphabet's previous 3 earnings announcements :
Feb 1 , 2018
https://www.barchart.com/stocks/quotes/GOOGL/technical-chart?plot=BAR&volume=total&data=I:15&density=L&pricesOn=1&asPctChange=0&logscale=0&im=15&startDate=2018-02-01&endDate=2018-02-02&daterange=specific&sym=GOOGL&grid=1&height=500&studyheight=100April 23 , 2018
https://www.barchart.com/stocks/quotes/GOOGL/technical-chart?plot=BAR&volume=total&data=I:15&density=L&pricesOn=1&asPctChange=0&logscale=0&im=15&startDate=2018-04-23&endDate=2018-04-24&daterange=specific&sym=GOOGL&grid=1&height=500&studyheight=100September 21 , 2017
https://www.barchart.com/stocks/quotes/GOOGL/technical-chart?plot=BAR&volume=total&data=I:15&density=L&pricesOn=1&asPctChange=0&logscale=0&im=15&startDate=2017-09-21&endDate=2017-09-22&daterange=specific&sym=GOOGL&grid=1&height=500&studyheight=100I guess this Monday was your lucky day . Or perhaps you own a time machine and seeing that the earnings and conference call went well and the price soared in the after hours market ; you went back to 4 hours earlier and made your wager .
I went back and checked, and the only time i bought Google in the last year (besides yesterday before the close) was on 7/26/17. I quickly checked and i couldn't tell if that was pre-earnings release, but i think it was. Not sure if that was a positive pop or not, and it doesn't really matter, becuase i bought it for $945 and you now what it is now.
As Bob Dylan would say "I can't help it if I'm lucky" (from the song 'Idiot Wind').
But thank you for your interest. In regards to the buying i have been doing before the earnings announcement, i believe that was the other FANG stocks, and my belief is that goes for recent buys of Netflix, Facebook, and Apple. As i said, they all worked in my favor except the most recent buy of Netflix. And I am confident that it will be a good long term investment even if it is temporarily down.
And as for your rude comment about falsifying my buy disclosures, it is duly noted that it is your character that is diminished, not mine. I'm perfectly frank about my good trades and my bad.
Ghost of Igloi wrote:
Seattle,
Your facts are incorrect. I managed over $140 million and own large positions in those stocks, but at much smaller allocations.
We will see if your adept as you think you will be. I believe you admitted it didnot work so well in the small drop in February. My assumption is the real bear market will test you. My advice is to prepare in advance.
Good luck though.
Igy
why would you hold positions in grossly overvalued securities? And i am assuming you hold them in funds you manage, not your own.
As for the drop in February, i did make some very small ill-timed trades and had to reverse them as the market changed direction. This happened several times and it was frustrating. But importantly, i only traded a miniscule amount of my holdings, and i bought back in quickly before the rebound. Admittedly, i probably would have been better to just ride it out and do nothing, in hindsight, but without investigating each trade, i can tell you i just lost a few hundred dollars at the most, and was invested for the full rebound.
Honestly, knowing when to buy is a lot easier than knowing when to sell. A bear market, or even misinterpreting the onset of one, could be very challenging.
Seattle,
Those are all good companies you hold, the question in my view is a what risk and eventual cost. If you know what you hold and understand the risk, then there you go. But it is impossible for all investors with similar allocation to avoid large losses over time. Someone has to absorb the losses.
Here is the sad story of a neighbor that evidently was invested far too aggressively and with little understanding of what they owned. That litlle dip in February did huge damage to their savings.
https://www.idahostatesman.com/news/business/article209672184.html
Have a good day.
Igy
Trews wrote:
Perhaps not. You consistently display the evil in your heart on this very thread. Perhaps someday you will stop being dishonest and manipulative. I won’t hold my breath.
Projection.
Ghost of Igloi wrote:
Trews wrote:
Perhaps not. You consistently display the evil in your heart on this very thread. Perhaps someday you will stop being dishonest and manipulative. I won’t hold my breath.
Projection.
Thanks for including that. Your constant projection from your warped mind onto others here is another example of your dishonesty.
Ghost of Igloi wrote:
Seattle,
Those are all good companies you hold, the question in my view is a what risk and eventual cost. If you know what you hold and understand the risk, then there you go. But it is impossible for all investors with similar allocation to avoid large losses over time. Someone has to absorb the losses.
Here is the sad story of a neighbor that evidently was invested far too aggressively and with little understanding of what they owned. That litlle dip in February did huge damage to their savings.
https://www.idahostatesman.com/news/business/article209672184.htmlHave a good day.
Igy
This is a perfect example of why one shouldn’t put their complete trust in someone else to manage their investments. Unfortunately this type of story is all too common as the investment advisor lobby tries to convince us that they know best.
Potential investors need only do a little homework to become effective investors. And the savings in fees is often enough in and of itself to make the difference.