Buyin' The Dips!

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

  1. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    I think that if you own blue chip stocks that are not already overvalued (or that are paying you a nice dividend if that's your thing), it's probably not a good idea to sell out of everything 100% or what have you. You certainly won't go broke taking some profits, of course. But it's probably not a good idea to go overboard.

    If you find other blue chip stocks that suddenly look like bargains, I see no reason why most of us wouldn't want to buy some.

    I have no idea where the broad market is headed in the short term. But over the long term, markets go up. And most blue chip stocks do well over time.
     
  2. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
    Are there any particualr sectors you are looking at? Anything standing out to you? Technology shares are probably a buy on weakness but the FB debacle has not helped sentiment here.
     
  3. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    I did buy 20 shares of AMZN in the last week or so. Otherwise, I'm treading lightly with retailers.

    Nothing else specifically I'm really focusing on in terms of industries or sectors. I do think that the big financials will do well in an increasing interest rate environment, but I'm not going overboard on them.
     
  4. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    BXC
    3/21/2018 Buy 10.0000 33.3800 0.00 333.80 10.0000
    3/22/2018 Buy 10.0000 30.8600 0.00 308.60 20.0000
    3/27/2018 Buy 10.0000 30.9600 0.00 309.60 30.0000
    4/16/2018 Sell 20.0000 39.2800 0.00 785.60 10.0000
     
  5. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    LOXO

    2/8/2018 Buy 10.0000 90.7600 0.00 907.60 20.0000
    3/15/2018 Sell 10.0000 124.8000 0.00 1,248.00 10.0000
    3/19/2018 Buy 10.0000 116.3400 0.00 1,163.40 20.0000
    3/21/2018 Buy 10.0000 115.6050 0.00 1,156.05 30.0000
    3/22/2018 Buy 10.0000 115.7010 0.00 1,157.01 40.0000
    3/23/2018 Buy 10.0000 110.8200 0.00 1,108.20 50.0000
    4/2/2018 Buy 10.0000 109.4600 0.00 1,094.60 60.0000
    4/4/2018 Sell 10.0000 122.6800 0.00 1,226.80 50.0000
    4/5/2018 Buy 10.0000 113.1800 0.00 1,131.80 60.0000
    4/16/2018 Sell 50.0000 135.4200 0.00 6,771.00 10.0000
     
  6. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    RGNX and SRNE up big today.

    WATT also.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    WATT looks interesting - whats happening there?

    [​IMG]
     
  8. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    Sold 70 of 80 DRNA at $14.20, made $346.

    VLRX up big again. Still holding 50 shares.

    ERIC, LLNW, SSW, BURG, EBIO up today
     
  9. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    Did you manage to get out during the share price spike?

    [​IMG]
     
  10. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,950
    Likes Received:
    39
    Re CARV, I sold most of my shares this morning at $4.825 for a nice profit, then sold my last 40 shares at $10.40!

    https://www.marketwatch.com/investing/stock/carv
     

Share This Page