I bought XM when it was $4.31 -- my broker tried to talk me out of it, and then made me sign a waiver form stating that I hadn't been pressured into buying it, and wouldn't sue him if I lost money.
Yeah it's no longer that price. I like the idea of buying a product / company I believe in, but...I can't think of one. XM is on my list, but I think its value might be far closer to its worth.
Broker? Good god I'm using ETrade and ScotTrade.
Is there a way to make money off of on-line drama?
I see your list, and I just did an evaluation of Starbucks when it was 49/share last week. While it does have a high PE ratio, you also have to factor in quite a few things. Actually, I think I have my notes from it.
Also, what is your time period you are holding for. And also, are you willing to turn a long term stock into a short term stock if it exceeds a percentage. i.e. in this case, SBUX is up over 10% from where I was researching it. Take your 10% and get out. Also...research rolling stocks if you want to make some money.
Okay, now for my notes. And as far as technical analysis, I would suggest using bigcharts.com.
Can't find it all - but here is some of it: But the short of it is that most people like starbucks, they have a good brand name that distinguishes them from others. the new alcohol drink will sell for a nice profit at about $23/bottle while Kalhua sells for $17/bottle. McDonald's plan to have nicer coffees and some coffee houses inside of their restaurant is not meant to compete at the Starbucks level.
Starbucks fell earlier this year, because people weren't happy about only having a 7% same store sales increase, but it is at 49.80/share now, with alot of lower resistance (I'll explain while showing you the chart) and there is more lower resistance at 47.50/share meaning that the likelyhood of the stock to go down is not very high. There is some upper resistance at the 55/share level, and a little more at the 57 level, but high point at 65/share. Last year at this time Starbucks was 38/share, and you could have sold it for 64/share in December of last year.
It looks like a good stable buy with little chance of loosing money, and a decent chance of gaining .
Damn you...now you've got me looking at stocks instead of doing the things that I need to do.
Take a look at XMSR strictly from the Technical Analysis. You should look at all aspects for the long term, but sometimes for short term the Technical Analysis speaks louder then everything else.
Double top at 34...therefor little room to make money in the sort term. Strong resistance at 40, but not before it breaks the 34 mark, so don't buy before then. More likely the double top indicates a decent short down to the lower resistance at 32, or more likely the 31.50 but I think it will fall to 30, and possibly test that 28.20 mark. If it falls below there, I see it retesting 24, where it would hold. What I would do would be to short this bad boy looking for 30, and if it falls fast hope for 24. At which point I would then go long for a couple more points.
That's 5 minutes of research, lets see how the next few weeks play out. Course market is shaping up and goes against my prediction, so I would have to say watch carefully when it gets to 31.50 and think about closing out the short position if the downward pressure eases up.
I'm more the hold type - I don't buy the whole market momentum thing. Predicting the market and referring to resistance as an actual measurable thing, not my school. Then again, I don't really know what my school is...
The chart is kinda pretty, but I don't care much about that...I'm not an expert, but I both view share price history (charts) along with a look at the fundamentals. I don't care about the new economy when a company is playing with insane debt. I do care about cash to debt (though my yahoo finance thingy doesn't go into great detail on short vs. long term debt) and insider ownership.
I re-looked at sirius vs. xm...obviously sirius has more room, but wow their financials suck.
Even as a hold type of person, if you can tell that the stock is going to drop 5 points before it moves up....I say wait for the 5 point drop, then buy in for the long term. Short term movement should be used if for nothing else to determine good entry and exit points no matter what your time horizon is.
I would rather get 4 10 percent gains over the course of a year, and have my money not working for me the rest of the year then to get the average 6-8% yearly gain that the market tends to return as a whole.
On this trade, if you were to close our your short today you would have a 9.3 % gain in 5 days. And that would beat the typical annual market gain of what I believe is 8 percent. So do nothing for the next 360 days, and you've still done better.
Shorting a stock is essentially selling a stock that you don't own because you think that it will go down in value. You then have to buy it back (hopefully at a lower price). It is what allows you make money in a down market.
I guess in the order of investing, experience goes: -Going long on a stock (regular buy of a stock) -Going short on a stock (selling stock that you do not own, with promise to buy it back -Buying call options (buying the option to buy a stock at a particular [strike] price. If the stock moves up, you can exercise or sell the option and make LOTS of money.) -Buying put options (buying the option to sell a stock at a particular [strike] price. If the stock moves down, you can exercise or sell the option and make LOTS of money.)
Warnings - shorting if the stock moves up quickly can lead to great losses, so you have to watch it carefully OR you should set stop losses (on all your trades. Longs included. Technical Analysis can help you choose the appropriate stop loss)
Options....only invest with money that you are willing to loose, but gains can be easily be tenfold or more.
Safe options strategy. Buy both puts and calls on the same stock, and if it moves up sell the calls and let the puts expire. If the stock moves down sell the puts and let the calls expire. You only loose if the stock doesn't move up or down.
Yeah, this goes beyond the knowledge base I have and would take too long to monitor...I don't have time for the more advanced study. I'm more in the school of buy and hold at least for months at a time, so far all over 5 years...at least in part due to my lack of time to monitor the market.
I hear you on the time part. I generally will spend a few hours one week, make some trades, set some stop losses and do a bit more. And once those trades close, it may be months before I go through another cycle. I do of course have my long term holds...some for about 8 years now.
no subject
Date: 2005-03-06 04:06 am (UTC)no subject
Date: 2005-03-06 12:10 pm (UTC)Broker? Good god I'm using ETrade and ScotTrade.
Is there a way to make money off of on-line drama?
Hmmm.....
Date: 2005-03-07 04:35 am (UTC)Also, what is your time period you are holding for. And also, are you willing to turn a long term stock into a short term stock if it exceeds a percentage. i.e. in this case, SBUX is up over 10% from where I was researching it. Take your 10% and get out. Also...research rolling stocks if you want to make some money.
Okay, now for my notes. And as far as technical analysis, I would suggest using bigcharts.com.
Can't find it all - but here is some of it:
But the short of it is that most people like
starbucks, they have a good brand name that distinguishes them from others. the
new alcohol drink will sell for a nice profit at about $23/bottle while Kalhua
sells for $17/bottle. McDonald's plan to have nicer coffees and some coffee
houses inside of their restaurant is not meant to compete at the Starbucks level.
Starbucks fell earlier this year, because people weren't happy about only having
a 7% same store sales increase, but it is at 49.80/share now, with alot of lower
resistance (I'll explain while showing you the chart) and there is more lower
resistance at 47.50/share meaning that the likelyhood of the stock to go down is
not very high. There is some upper resistance at the 55/share level, and a
little more at the 57 level, but high point at 65/share. Last year at this time
Starbucks was 38/share, and you could have sold it for 64/share in December of
last year.
It looks like a good stable buy with little chance of loosing money, and a
decent chance of gaining .
http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=sbux&time=&freq=
no subject
Date: 2005-03-07 05:18 am (UTC)Take a look at XMSR strictly from the Technical Analysis. You should look at all aspects for the long term, but sometimes for short term the Technical Analysis speaks louder then everything else.
Double top at 34...therefor little room to make money in the sort term. Strong resistance at 40, but not before it breaks the 34 mark, so don't buy before then. More likely the double top indicates a decent short down to the lower resistance at 32, or more likely the 31.50 but I think it will fall to 30, and possibly test that 28.20 mark. If it falls below there, I see it retesting 24, where it would hold. What I would do would be to short this bad boy looking for 30, and if it falls fast hope for 24. At which point I would then go long for a couple more points.
That's 5 minutes of research, lets see how the next few weeks play out. Course market is shaping up and goes against my prediction, so I would have to say watch carefully when it gets to 31.50 and think about closing out the short position if the downward pressure eases up.
no subject
Date: 2005-03-07 11:44 am (UTC)The chart is kinda pretty, but I don't care much about that...I'm not an expert, but I both view share price history (charts) along with a look at the fundamentals. I don't care about the new economy when a company is playing with insane debt. I do care about cash to debt (though my yahoo finance thingy doesn't go into great detail on short vs. long term debt) and insider ownership.
I re-looked at sirius vs. xm...obviously sirius has more room, but wow their financials suck.
no subject
Date: 2005-03-07 04:25 pm (UTC)I would rather get 4 10 percent gains over the course of a year, and have my money not working for me the rest of the year then to get the average 6-8% yearly gain that the market tends to return as a whole.
no subject
Date: 2005-03-10 03:30 pm (UTC)no subject
Date: 2005-03-10 05:07 pm (UTC)no subject
Date: 2005-03-10 05:20 pm (UTC)I guess in the order of investing, experience goes:
-Going long on a stock (regular buy of a stock)
-Going short on a stock (selling stock that you do not own, with promise to buy it back
-Buying call options (buying the option to buy a stock at a particular [strike] price. If the stock moves up, you can exercise or sell the option and make LOTS of money.)
-Buying put options (buying the option to sell a stock at a particular [strike] price. If the stock moves down, you can exercise or sell the option and make LOTS of money.)
Warnings - shorting if the stock moves up quickly can lead to great losses, so you have to watch it carefully OR you should set stop losses (on all your trades. Longs included. Technical Analysis can help you choose the appropriate stop loss)
Options....only invest with money that you are willing to loose, but gains can be easily be tenfold or more.
Safe options strategy. Buy both puts and calls on the same stock, and if it moves up sell the calls and let the puts expire. If the stock moves down sell the puts and let the calls expire. You only loose if the stock doesn't move up or down.
no subject
Date: 2005-03-10 06:35 pm (UTC)no subject
Date: 2005-03-10 06:42 pm (UTC)