I had some extra scratch last year at this time and wanted to throw some into Pioneer Energy Services here in San Antonio. Last year this time they were bouncing around $6-$8/share. They cleaned up some debt, got reorganized and today they opened up at $17 and change.......woulda, coulda, shoulda
I have been considering getting in to it some also. Other than Mutual Funds through my company I have never done any of this. Gotta start beefing the retirement fund up.
It is a wise strategy to pull out before the top and to walk away with gains then to ride it out so long that you loose more than what you would have gained by staying in.
MANY, MANY economists have said that we are over due for a market correction. The stock market gains are purely based off of the $85 billion a month the FED has been pumping into the economy and companies buying back their own stock, which artificially raises the stock price. ALL of the numbers that the government releases are inflated and have been manipulated.
So why bet your money on a manipulated market that could crash at any time? This is why I say pull out, walk away with a smile and some extra cash in your pocket, and avoid the losses that so many people saw in 2008.
No one knows the tops and bottoms of the market. To think that you can successfully time the market tops and bottoms is foolish. History has shown that the majority of historical positive returns were comprised of a few great bull runs and if you were on the sidelines during these then you missed out on the bulk of market returns.
Everyone knows the FED is pumping money into the market and everyone knows that it will eventually end and everyone knows that rates will rise. That's priced into the market.
IMO if you can't handle the ups and downs of a market then you shouldn't be invested in the market.
No one knows the tops and bottoms of the market. To think that you can successfully time the market tops and bottoms is foolish. History has shown that the majority of historical positive returns were comprised of a few great bull runs and if you were on the sidelines during these then you missed out on the bulk of market returns.
Everyone knows the FED is pumping money into the market and everyone knows that it will eventually end and everyone knows that rates will rise. That's priced into the market.
IMO if you can't handle the ups and downs of a market then you shouldn't be invested in the market.
I'm not talking about timing the markets, and I am not saying that you should have gotten out a long time ago. What I am saying is to get out on the upswing now so that you have made money and are further ahead then what you were 2 months ago. A LOT of people lost a LOT of money in 2008 because they didn't get out when things were good. Has no one learned anything from 2008?
If you get out on the downswing then when do you get out? How much do you loose before you decide enough is enough?
Greed is driving people's desire to stay in the market right now and it will be greed that will cause people to loose money.
Not too difficult to make money in this market but here are some of my best trades. I am moving to a defensive position...only high dividend stocks etc. I think we are overvalued in the market overall
HCLP got in in low 20s now 69 <--- Eagle Ford Play Hi Crush provides the Sand. Might be too pricey now but there is still a growth story here.
Most recent Trade FPI <---Farmland Partners International this is a farm REIT buys lands and leases back to farmer. Good dividend the weakness here is the CEO personal land is involved in the deal.
I had some extra scratch last year at this time and wanted to throw some into Pioneer Energy Services here in San Antonio. Last year this time they were bouncing around $6-$8/share. They cleaned up some debt, got reorganized and today they opened up at $17 and change.......woulda, coulda, shoulda
Had too many wouldas, couldas, shouldas. TSLA was the last straw. Followed it when they were at 30, kept putting off investing. I was pretty disappointed in myself for the missed opportunity when they shot up. It actually got me back in the game and now I'm working on diversifying my profolio and this thread is helping me get more active.
Following on this one. Looking for some good investments that still have some room to grow. Sure is a little more difficult to judge things now with things like they are.
Like I said before I have traded BBRY (Blackbery) about 6 times this month.....I still own some, what do you GURUS think about it and where it is now. I am up on it and have a stop loss in at 9.65
I'm not talking about timing the markets, and I am not saying that you should have gotten out a long time ago. What I am saying is to get out on the upswing now so that you have made money and are further ahead then what you were 2 months ago. A LOT of people lost a LOT of money in 2008 because they didn't get out when things were good. Has no one learned anything from 2008?
If you get out on the downswing then when do you get out? How much do you loose before you decide enough is enough?
Greed is driving people's desire to stay in the market right now and it will be greed that will cause people to loose money.
I agree. Not saying people shouldn't trade right now but I sure wouldn't go "long" right now.
I agree. Not saying people shouldn't trade right now but I sure wouldn't go "long" right now.
depends on your definition of "long". if someone has a 30, 40 or 50 year time horizon with regular purchases of equities and bonds along the way then there is no reason not to be "long". now if in your book "long" means 12 months or so well that could be another story.
I just put my 2014 Roth IRA contribution in one stock last week as a long term growth play and it's already up $600 on a $6500 investment. I'm hoping this one will be a multi-bagger in the long haul. The company is Invensense and they do the motion sensing technology that goes into smartphones, drones, wearable fitness devices, etc. Imagination is the limit on applications. Most of you have had experience with their product if you have played with a Wii...that's their 6 axis gyros in the handsets. They are foregoing immediate profits and throwing it all back into R&D to expand and enhance their product line so IMHO the stock is down relative to long term profit and growth potential. This little company has a long way to run.
LOL this stock is killin it. Up $1100 on a $6500 investment a week ago and the shorts are getting squeezed like a fat tick...there are 26 million shares short that will need to cover. I didn't even do this as a short term play, just loved the companies fundamentals.
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