Stocks and Trading Thread - Channeling your inner Mono

[DGuller]

Friendly wager on my total return?

No, I don't have a good handle on figures.  But I'm curious, what kind of return are you expecting?

[Admiral Yi]

Friendly wager on my total return?

No, I don't have a good handle on figures.  But I'm curious, what kind of return are you expecting?

They say expected return for my risk profile is 8.83.  Historical range 6.95 to 9.95.

[Admiral Yi]

Make the historical 6.43 to 9.55.

[Admiral Yi]

AT&T edges past 39.  Thinking about unloading some shares if it hits 40.

Warren has already cut back his holdings.

[MadImmortalMan]

All the risk talk is getting to me. I mean, maybe these decades of low interest and QE really are akin to over-prescribing antibiotics and we're all gonna get hit with a super-resistant flu.

It seems like the obvious thing to do keeps getting postponed. I wish I could sit down and talk to Paul Volcker right now.

[Richard Hakluyt]

It seems to be that the underlying problem is a lack of demand. Too much money in the hands of people who simply won't spend it. People already in debt are expected to ride to the rescue by borrowing and spending even more, but their financial position is already dreadful. Low interest and QE have helped people who already have money to increase the value of their holdings, but austerity has also reduced our faith in the state so people cling on to these gains to insure against disaster. I think the ageing of the population plays an important role in this, older people are more cautious with money because the prospect of being old with no money is just too horrible to contemplate.

[Admiral Yi]

Big jump in SQ today, can't find any news that's driving it.  I'm up 30%, toying with the idea of cashing out, either in whole or in part.

[Tonitrus]

Big jump in SQ today, can't find any news that's driving it.  I'm up 30%, toying with the idea of cashing out, either in whole or in part.

Go to finance.google.com and pull up the stock symbol.  They have a little pertinent news feed on the upper right side.

[Admiral Yi]

Go to finance.google.com and pull up the stock symbol.  They have a little pertinent news feed on the upper right side.

Thanks.

Looks like the rise was driven by folks covering their shorts.

Should I be glad the market beat up the short sellers, or should I worry they were shorting 37% of the float?

[Admiral Yi]

Sold off about 1/3 my SQ stake when it hit 15 (bought in at 10.25).  I think that might be the most emotionally satisfying thing to do with a stock that has a big appreciation in a short time frame, take your winnings off the table and leave your original stake.

Put those winnings and proceeds from iShares midcap index fund (which was doing nothing for 4 years) into Sketchers, the shoe company.

[Admiral Yi]

My first big tranche of LendingClub payments came in today.  They were all due 4/7 and I had been sweating the last couple days thinking my entire portfolio was lent to Greeks.  The fact they all came in the same day suggests to me that it takes 4 business days for the payments to post to my account.  That seems more reasonable than 125 people all making their late payment on exactly the same day.

So far I've made 38.78 on 5K down.

[Admiral Yi]

Ruh-ro.  My first two officially late payments.

[DGuller]

Ruh-ro.  My first two officially late payments.

Need any help collecting? 

[Admiral Yi]

https://www.yieldstreet.com/?gclid=CK_938STsswCFQiUaQodgXUHaw

Check out the public face of this fund. 

[alfred russel]

https://www.yieldstreet.com/?gclid=CK_938STsswCFQiUaQodgXUHaw

Check out the public face of this fund. 

Fuck Yeah! I'm all in!