***Official*** 2012 Stock Market Thread

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zimu

Diamond Member
Jun 15, 2001
6,210
0
0
Hugo has some great advice.

DIA is also a good one (at the right price!), as it pays out monthly dividends which you then can reinvest via drip - dividend reinvestment program. You could purchase (at the right price) and make $ a year later even if it was flat! Wait for the next 'oversold' cycle and get a small amount, set up the drip and be patient - add to investment if/when you decide its needed. I'd think up some tolerance levels on when to -consider- adding. Remember that reducing would only be feasible if the amount you'd gain is significant enough to forgo capital gains tax.

One thing is near certain, DIA is not going to go 'tits up'. Beware of leveraged etfs and especially etns - they are not buy and hold - they are trading vehicles to make a quick buck.

Check on something like morningstar to see if an etf is trading at an obscene premium to nav.

Also pick up lqd if this bond bubble ever bursts - it'll always beat the treasury.


3.83% yield? Not such a great return for a dividend focus. There are plenty of 7-10% stocks discussed in these boards, many that have been and are stable.
 

Blades

Senior member
Oct 9, 1999
856
0
0
3.83% yield? Not such a great return for a dividend focus. There are plenty of 7-10% stocks discussed in these boards, many that have been and are stable.

LQD = Investment grade corporate bonds

Other bond ETFs - SJNK, JNK, HYG, ANGL (cool name, fallen angel har har)

And woah AMD? What?!

Just a warning. ANGL has a volume of 200 so far..

If its yield you seek, something like AGD or AOD should do the trick. I have both, and I currently am up 5.6% on AGD.. Didn't expect that with an already overvalued CEF.

If you want an undervalued CEF with a high yield..

http://cef.morningstar.com/quote?t=eoi
http://cef.morningstar.com/quote?t=eos <- slightly higher yield

I forgot their portfolio contents... I look at many.. but have a look first and make sure you agree with the contents of 'whats in the box' before you agree to purchase.

btw.. CNBC has yet to show me an ugly Aussie girl.. I kinda want to move there.

Just an update. EOI.. Take a look at their holdings. Nice discount.
http://portfolios.morningstar.com/fund/holdings?t=EOI&region=USA&culture=en-us
 
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Mar 10, 2006
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Acquisition rumors on AMD. Just short covering. Hopped on board at about $4.10 for the nice run up. I expect we'll see the $5's or even $6's based on shorts covering + semiconductors coming back into favor this rotation.
 

Blades

Senior member
Oct 9, 1999
856
0
0
Who would they sell to? They were big time debbie downers around early July.. They don't get front row seats to the semiconductor rally. The dollar is still strong, so you can probably rule out any foreign companies thinking... yes.. now is the time to buy an American company.. Leverage that forex! It would serve most other semi companies to make an acquisition in the semi manufacturing space - SMI, UMC come to mind. TSMC would be.. a bit much.. but it would be funny.. Definately shake up a ton of companies.. assuming TSMC would sell.
 
Mar 10, 2006
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Who would they sell to? They were big time debbie downers around early July.. They don't get front row seats to the semiconductor rally. The dollar is still strong, so you can probably rule out any foreign companies thinking... yes.. now is the time to buy an American company.. Leverage that forex! It would serve most other semi companies to make an acquisition in the semi manufacturing space - SMI, UMC come to mind. TSMC would be.. a bit much.. but it would be funny.. Definately shake up a ton of companies.. assuming TSMC would sell.

I doubt AMD would get taken out, but I'd like to ride the squeeze a bit.
 

jpiniero

Lifer
Oct 1, 2010
14,847
5,457
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AMD is not getting bought. For one the new owners would lose their x86 license due to the treaty.
 
Mar 10, 2006
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Now's probably the time to initiate short term short positions on the heavily run up semiconductors.

Hmm...
 

mshan

Diamond Member
Nov 16, 2004
7,868
0
71
Why not go on margin, too?


(obviously, this is not meant to be a serious comment)

()
 
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Mar 10, 2006
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Lots of exuberance into the NVDA earnings call. Either it'll blow away estimates and pop to $16 or it's going to sink to $13. Volatility here will be wild.
 

JTsyo

Lifer
Nov 18, 2007
11,774
919
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Lots of exuberance into the NVDA earnings call. Either it'll blow away estimates and pop to $16 or it's going to sink to $13. Volatility here will be wild.

I'm finally even with my buy price. Guess I'll hold through the call and see how it looks tomorrow.
 

Blades

Senior member
Oct 9, 1999
856
0
0
Heh. FIO. Cha-ching..

btw.. ocz's CFO is retiring.. hes 63 with a boss thats like 30. I'd retire. Somewhat of a sale on ocz stock after hours.
 
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JTsyo

Lifer
Nov 18, 2007
11,774
919
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NVIDIA really hit it out of the park!

FIO did well, but goddamn is the valuation out of whack there.

hmm question is do I leave tomorrow or see how high it goes. Next quarter should be pretty good too. Might just try to do a manual trailing stop, though I fear a intraday dip will set it off.
 

Blades

Senior member
Oct 9, 1999
856
0
0
hmm question is do I leave tomorrow or see how high it goes. Next quarter should be pretty good too. Might just try to do a manual trailing stop, though I fear a intraday dip will set it off.

Pops always fade. Don't wait until supply exceeds demand at xyz price.. Its better to make a little than lose a lot. Who really knows with a stock like FIO. The big bright warning label for FIO is the span of days between its 52wk high and low..


Do you have it now? pre-earnings? I only have 2k shares @ 20.86 but lots of options.. sold puts and out of money calls. here we go.. that noid guy is going to yell at me. Can't believe someone paid 55 cents premium on the 18 strike put.. I paid that kindness forward by selling some lucky ducky the 22 strike call for 1.65 :-/
 
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JTsyo

Lifer
Nov 18, 2007
11,774
919
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Pops always fade. Don't wait until supply exceeds demand at xyz price.. Its better to make a little than lose a lot. Who really knows with a stock like FIO. The big bright warning label for FIO is the span of days between its 52wk high and low..


Do you have it now? pre-earnings? I only have 2k shares @ 20.86 but lots of options.. sold puts and out of money calls. here we go.. that noid guy is going to yell at me. Can't believe someone paid 55 cents premium on the 18 strike put.. I paid that kindness forward by selling some lucky ducky the 22 strike call for 1.65 :-/

oh I'm holding nVidia not FIO. The other problem I've seen with stops is the after-market movements.
 
Mar 10, 2006
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hmm question is do I leave tomorrow or see how high it goes. Next quarter should be pretty good too. Might just try to do a manual trailing stop, though I fear a intraday dip will set it off.

Like every NVDA earnings report, it sold off. Picked a little bit up at $14.89. This is a GOOD company with a pristine balance sheet, excellent management, and holy heck is Tegra 3 seeing good adoption now.

NVIDA is here to fight.
 

Blades

Senior member
Oct 9, 1999
856
0
0
Like every NVDA earnings report, it sold off. Picked a little bit up at $14.89. This is a GOOD company with a pristine balance sheet, excellent management, and holy heck is Tegra 3 seeing good adoption now.

NVIDA is here to fight.

Tegra3 is EoL. It also runs super fucking hot. For a quad core, technically pentacore... not impressive at all. The qualcomm s4 is amazing. TI OMAP5 looks good on paper (don't they always?) Don't get me wrong.. I have NVDA.. but I wouldn't (or rather didn't) buy at this price.

Not even a month ago.. 12.22 So buyer beware..

My favorite buy in the past month was STM, and most recently FIO...

gotta add that there is some kinda shenanigans at +.04 cents on that earnings beat.. so I guess I probably would've bought at +.04 cents.
 
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Mar 10, 2006
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Tegra3 is EoL. It also runs super fucking hot. For a quad core, technically pentacore... not impressive at all. The qualcomm s4 is amazing. TI OMAP5 looks good on paper (don't they always?) Don't get me wrong.. I have NVDA.. but I wouldn't (or rather didn't) buy at this price.

Not even a month ago.. 12.22 So buyer beware..

My favorite buy in the past month was STM, and most recently FIO...

gotta add that there is some kinda shenanigans at +.04 cents on that earnings beat.. so I guess I probably would've bought at +.04 cents.

NVIDIA's market cap is $9.08B. Back out the $3.28B cash position and you've got the business valued at $5.8B, or a roughly 7 P/E ex-cash. Seems pretty cheap to me, but I wouldn't get a huge position at these prices. Scaling in slowly in case we do pull back to $12's...in which case, I'll really bulk up the position. Say what you will about NVIDIA, but it's clear that it's well run.
 
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Imp

Lifer
Feb 8, 2000
18,829
184
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RIMM up 17% in the past week. Latest rumour is IBM wants their Enterprise division or something.

Still sitting this out. Not seeing anything interesting. And unless we make a push for Dow 14000, I don't see it. Then again, I had the same outlook in January, and that shot up, then went back down.
 
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