***Official*** 2012 Stock Market Thread

[kevman]

What do you guys think of these for long term set it and forget it stocks ?

XOM
JNJ
MSFT
KO
MCD
PM
ADP

 

[rcpratt]

Are a lot of stock/finance/brokerage sites crawling for anybody else? This hype has got to be through the roof.

 

[IHateMyJob2004]

What do you guys think of these for long term set it and forget it stocks ?

XOM
JNJ
MSFT
KO
MCD
PM
ADP

At current quote, I'd put 100% of my money into JNJ and sleep well at night for 30 years. Has a nice yield right now also.

If you buy individual stocks though, you need to keep an eye on them. With JNJ, keep an eye on the top brass and make sure that they stay lean.

Of the ones listed, I'd avoid PM altogether.

I have a long term fear over beverage companies like KO due to the water crisis that is coming that people live to ignore.

MSFT is tech. It is not a buy and forget stock. That sector changes to fast. 15 years ago, no one would have said that Google and Apple would be threatening MSFT. In a small amount of time, amazing amounts of chang happen in tech.

In my opinion, if you want to sleep well, buy these in 25% chunks:
JNJ
BRK
FFH
MKL

Of the ones above, I'd toss out JNJ first. But it is definitely a good company.

 

[IHateMyJob2004]

Reaging FB, does anyone know whath e balance sheet will look like post IPO. I havn't spent a single minute on FB because I could care less to own the actual company.

 

[The-Noid]

Reaging FB, does anyone know whath e balance sheet will look like post IPO. I havn't spent a single minute on FB because I could care less to own the actual company.

Fins are on BBG. Consensus estimates are on BBG and FirstCall.

 

[Arachnotronic]

What do you guys think of these for long term set it and forget it stocks ?

XOM
JNJ
MSFT
KO
MCD
PM
ADP

I don't like Microsoft as much as Intel. Intel pays a better dividend and they've got a lot more room to grow than MSFT. Windows Phone is nice and all, but users are pretty much either in the Android camp or the iOS camp. Windows 8 seems to be indicative of management stupidity -- it's not going to be the fail that Vista was, but I don't think consumers on desktops and laptops will enjoy it very much.

Intel's extending their technology lead, they have a stranglehold on the laptop/desktop CPU market, they're dominant in the high margin datacenter world, and they've got a good shot at technological dominance on the mobile SoC side with Silvermont. Coupled with their strong marketing team, I think this could translate into some serious growth for Intel. On top of all this, Intel keeps increasing their dividend (twice in the last 18 months).

 

[The-Noid]

Just on an aside. Good that everyone is using limits and not mkt's; however I don't know that I would necessarily leave any order open long. Quotes start in a couple of minutes. Why not look at color before putting in an order?

We know what the first three steps are, after that there isn't a great amount of color on where we close.

Break -> Pop -> Fill -> ...

BANKHAUS IN FRANKFURT QUOTING 70 IN FB @ PRE-MARKET

 

[The-Noid]

Indicated 44 @ 9:54. THIS IS A FLOP GIVEN THE HYPE.

 

[richardycc]

looks like one might even get some FB at $38 or less a share.

 

[The-Noid]

looks like one might even get some FB at $38 or less a share.

$42. @ 10:01. Order book is going to flush retail that has limits into the mid 50's.

Circuit breakers will be $37.80/$46.20

 

[Slew Foot]

got a limit order of 50 in for fb. lets see if it fills.

 

[rcpratt]

I think we broke the Nasdaq.

 

[SunnyD]

I think we broke the Nasdaq.

Was reading the wire - someone had a $4000 limit order on FB? Srsly?

 

[wayliff]

Was reading the wire - someone had a $4000 limit order on FB? Srsly?

Sounds like a typo and more like 40.00 instead.

 

[The-Noid]

Was reading the wire - someone had a $4000 limit order on FB? Srsly?

$7,200.

They are non-firm quotes or stub quotes.

Move on. Makes a good story though. Happens everytime a stock gets halted. Makes the market find a real price. Quotes were probably .01$ and $7,200 then they move in.

 

[SunnyD]

Sounds like a typo and more like 40.00 instead.

Not a typo.

 

[Slew Foot]

Was reading the wire - someone had a $4000 limit order on FB? Srsly?

why do that instead of a market order?

 

[kevman]

is it supposed to be trading already ?

 

[wayliff]

Not a typo.

I stand corrected - pretty crazy.

 

[IHateMyJob2004]

Do not understand why anyone is buying FB. I'm just ignoring it altogether. MAybe some of my stocks will be ignored and tank due to the focus on FB. That would be a good thing!

 

[rcpratt]

Nasdaq is supposed to give an update soon.

 

[SunnyD]

why do that instead of a market order?

A food and his money doth part. I guess they're worried if the market hit $4001/share or something. :\

 

[The-Noid]

why do that instead of a market order?

Can't put a market order on stub or non firm. Nasdaq/OTC works off limits.

 

[The-Noid]

A food and his money doth part. I guess they're worried if the market hit $4001/share or something. :\

Again, these are stubs and non-firm quotes.

Often you see 1 cent asks and $100,000 bids. They aren't real quotes.

Halik can explain this much better if he pops in.

Open @ 42.15

 

[wayliff]

why do that instead of a market order?

A limit order set at $4000 means a buyer is willing to pay up to $4000 or better. Better meaning under $4000. Also it won't execute above $4000.

http://www.investopedia.com/terms/l/limitorder.asp#axzz1vEf7uPl0