Buyin' The Dips!

Discussion in 'Stock Market Forum' started by JR Ewing, Aug 25, 2016.

  1. JR Ewing

    JR Ewing Super Moderator Staff Member

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    Sold 20 of 30 MGPI at $88.30, made $260.
    Sold 40 LE at $21.45, made $130.
    Sold 60 GES at $20.30, made $295.
    Sold 200 of 230 SNGX at $3.3899, made $105.
    Sold 160 IFON at $9.3348, made $215.
    Sold 60 OMEX at $10.8176, made $413.
    Sold 6600 CRTN at $0.371, made $1360.
    Sold 420 of 470 BLPH at $2.14, made $218.
     
  2. Chartman

    Chartman Senior Investor

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    Hi @JR Ewing

    Would you buy FB on the dips?
     
  3. Turbolag

    Turbolag Active Member

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    How do you read the buy after the date? What do all the numbers mean?
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    They say buy when there is blood on the streets - well there is certainly a lot of blood around the FB share price. Too soon to start picking some stock up?
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I have bought a little FB recently. Currently own 20 shares - bought a little in Jan, and a little a few days ago. Their sales and earnings in recent years have been great - but of course they appear to have an issue now, and they don't seem to know how to handle it.

    I'd say that most small investors with limited funds should probably put money to work elsewhere IMO. It looks a little "iffy" at this point. I owned FB in the early days, and sold my original investment years ago.

    I have to wonder if perhaps it hasn't peaked. If that turns out to be the case, I could well end up eventually selling the shares for a tax loss at some point. I may end up doing the same with GE eventually if they don't get it together.
     
  6. JR Ewing

    JR Ewing Super Moderator Staff Member

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    "Transaction type" = "buy" or "sell"

    "Shares transacted" = whatever number of shares I've bought or sold on a particular date.

    "Share price" = price per share of whatever number of shares bought or sold on that date.

    "Transaction value" = total dollar value of the transaction (buy or sell) on that date.

    "Share balance" = total number of shares accumulated after each transaction has occurred. Number will be zero when all shares have been sold.
     
  7. Turbolag

    Turbolag Active Member

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    Thanks JR.
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    What is your view of the US stock market at the moment @JR Ewing ?

    Are you still happy to buy on the dips?
     
  9. JR Ewing

    JR Ewing Super Moderator Staff Member

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    I haven't been doing as much buying as profit taking in the last couple of months.

    Some stocks I've bought recently are a pretty good position in MCD, and adding to more modest existing positions in LOXO, BLUE, ONCE, and a few others here and there.
     
  10. longtermbull

    longtermbull Administrator Staff Member

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    What is your thought on blue chip stocks @JR Ewing ?
     

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