***Official*** 2014 Stock Market Thread

[dr150]

I use Wellstrade. Only because I have a Wellsfargo checking account. I can easily transfer money in and out of my brokerage account (as quick as 20 minutes) with no fees. It is functional, but honestly, pretty much sucks otherwise.

Schwab or USAA have good brokerage/checking systems. They'll pay your ATM fees and accept scans of deposits. You can quickly pounce on the market by moving money into/out of the brokerage side of things.

 

[JTsyo]

I use Wellstrade. Only because I have a Wellsfargo checking account. I can easily transfer money in and out of my brokerage account (as quick as 20 minutes) with no fees. It is functional, but honestly, pretty much sucks otherwise.

If you can get their PMA tier, you get 100 free trades each year. I have my mortgage through them so I get a boost for requirements.

 

[brandonb]

If you can get their PMA tier, you get 100 free trades each year. I have my mortgage through them so I get a boost for requirements.

I have PMA, but I don't get the 100 free trades per year. From what I could tell they discontinued that program in 2011 or so. They aren't offering that to new peeps anymore.

 

[flunky nassau]

Rite Aid Pharmacies are bouncing back huge. Got in at $6.50. When comparing their numbers with Walgreens & CVS, I think they could be worth $20. Maybe?

 

[JTsyo]

I have PMA, but I don't get the 100 free trades per year. From what I could tell they discontinued that program in 2011 or so. They aren't offering that to new peeps anymore.

yea looks like now they just offer $7 trades.

 

[JTsyo]

Some beatdown names were a bit too tempting today. Built back up my position in EVOL which I still love long-term. Initiated a new position in the 'big data' space as FUEL has gotten hammered lately so I grabbed some at 35.65 a couple minutes before the close. I'll buy more if it continues to drop and am eyeing up DATA with a target of $60 or less; although it's still expensive everyone and their mother will be using Tableau before long and the share price will reflect that as the low-information retail buyers start learning about it.

Looked into DATA and it looked promising until I saw their P/E was already over 1000x. Seems to be a lot of speculation on how much they are going to grow.

 

[IHateMyJob2004]

Rite Aid Pharmacies are bouncing back huge. Got in at $6.50. When comparing their numbers with Walgreens & CVS, I think they could be worth $20. Maybe?

Worth a look.

Revenues are flat for many years.

Why is share count increasing? Is this convertible debt being converted or are they raising capital? If they are raising capital, why (they are FCF positive and have been for years)? If it is debt converting, how much more dilution can occur? regardless, how much more dilution is possible?

Wow, this thing was cheap a year ago!
http://www.google.com/finance?q=NYSE:RAD

Thing is, if they can turn those revenues into FCF, this thing can keep climbing. I would have bought a year ago if I noticed it.

Still though, what are the growth prospects?

I think you may be right on the call for $20. I've only looked at the numbers at this point so I can't say for sure. But I'd say that $15+ is possible. $20 would require evidence of growth or the phasing in of a big share buy back program.

 

[IHateMyJob2004]

FWIW: pissed off I didn't buy more SD in the low $6s. It's a big piece of my portfolio already though. It's a possible $10+ stock short term.

 

[IHateMyJob2004]

Wow, the articles show a possible turn around.

Wow.

http://seekingalpha.com/symbol/RAD

 

[debian0001]

How's everyone doing this week? I decided to get real and invested in 2 biotech companies, RNN, and DVAX. This industry is getting hit so I'm hoping for a bounce back.

 

[brandonb]

My YHOO has been on a steady decline (3% down over the last 5 days while NASDAQ is up 1%) Still up, but watching all my profits disappear. On the other hand, my previous stock AMD has been going up. Sort of wish I stayed with AMD and didn't jump ship over to YHOO.

 

[glenn1]

Looked into DATA and it looked promising until I saw their P/E was already over 1000x. Seems to be a lot of speculation on how much they are going to grow.

Yeah, it's expensive no doubt. But bought half my intended position today @ 59.83. Missed out on the big seller this morning who had driven it down to $56 and change but I said I wanted to buy under $60, and so I have.

 

[Reasonable Doubt]

What do you guys think of Twitter at current price before earnings on Tuesday.

 

[sm625]

Long apple October 18 $505 puts (AAPL141018P00505000) @ $7.

 

[Hugo Drax]

Long apple October 18 $505 puts (AAPL141018P00505000) @ $7.

how many contracts.

 

[IHateMyJob2004]

What do you guys think of Twitter at current price before earnings on Tuesday.

*SHOCKING* Announced lack of subscriber growth today *SHOCKING*

Down 11% After Hours.

 

[debian0001]

@_@

 

[Corporate Thug]

anyone playing Mannkind? rumor has it that AstraZeneca might buy them out...this is assuming FDA will approve Afrezza on 4/15?

I bought around 2.50 average. Did more DD on afrezza than anything in my life...held through ADCOM, sold at 6.50 when FDA delay was announced hoping to get back around $6. Still on the side line, but I will be back in the game soon.

 

[Corporate Thug]

100 shares of PLUG :|

https://www.youtube.com/watch?v=-DT7bX-B1Mg

 

[sm625]

how many contracts.

I'm up to 17 now. These suckers are expensive with the cost basis currently at $640 a pop. AAPL absolutely must close below 570 this week or I will be forced to exit this trade.

By the way, my indicator which went long in a big way on march 26, generated the sell signal yesterday. This was a rather anemic rally, which does not bode well for the coming weeks. I am extremely bearish.

 

[OutHouse]

glad this thread got bumped I just opened a Roth IRA and not sure where to put my money yet.

 

[KB]

glad this thread got bumped I just opened a Roth IRA and not sure where to put my money yet.

Read through the posts and you will see the answer repeated over and over.

Buy low expense index funds. Diversify between small, mid and large cap funds if possible. An S&P index fund is fine and usually has the lowest fee. Also diversify with some international exposure. Do not daytrade your retirement fund (mutual funds won't let you anyway). If you mention who the IRA is with we can point out their low cost index funds.

 

[JEDI]

glad this thread got bumped I just opened a Roth IRA and not sure where to put my money yet.

REITs. Ride the wave!

 

[OutHouse]

Read through the posts and you will see the answer repeated over and over.

Buy low expense index funds. Diversify between small, mid and large cap funds if possible. An S&P index fund is fine and usually has the lowest fee. Also diversify with some international exposure. Do not daytrade your retirement fund (mutual funds won't let you anyway). If you mention who the IRA is with we can point out their low cost index funds.

thanks. i have no intention of day trading.

i opened a brokerage account with scottrade.

 

[KB]

thanks. i have no intention of day trading.

i opened a brokerage account with scottrade.

Looks like Scottrade will let you buy mutual funds from other companies since they don't seem to carry their own.

I am a big fan of the Vanguard funds since they have the lowest expense ratios.
If you want to set it and forget it until you retire you can consider the targeted retirement fund. It is well diversifed with US stocks, international stocks, US bonds and international bonds. It will rebalance over time by buying more bonds as you get closer to retirement. It has an expense ratio of only 0.18%.

This one is for if you will retire around 2045.

http://research.scottrade.com/qnr/Public/MutualFunds/Summary?symbol=VTIVX