Investing

What did you buy? What might you buy??

  • Last Updated:
  • Nov 18th, 2017 4:40 pm
Tags:
None
Deal Addict
Jun 27, 2007
3184 posts
510 upvotes
boyohboy wrote:
Nov 14th, 2017 11:43 am
I guess that's 1 stock on new high... AMZN, and pushing about 50 stocks to new lows due to fear of AMZN.
true dat ;)
in that case I will go buy the f dip Face With Tears Of Joy
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
Jan 20, 2016
1360 posts
512 upvotes
Houston, TX
dlhunter wrote:
Nov 14th, 2017 9:10 am
so AMZN is not going to sell drugs online after all. They want to enter medical devices market - and McKessons are not impressed.
Buy CVS?
"Buy on rumours, sell on news" (c)
AMZN will sell drugs online -> AMZN up, CVS down

AMZN will NOT sell drugs online -> AMZN up, CVS down lol

maybe that why I'm not a trader - too illogical for me Face With Tears Of Joy
Make the Trudeau drama teacher again!
Deal Addict
Dec 3, 2014
1024 posts
182 upvotes
Ontario
dlhunter wrote:
Nov 14th, 2017 9:10 am
so AMZN is not going to sell drugs online after all. They want to enter medical devices market - and McKessons are not impressed.
Buy CVS?
Source?
Deal Addict
Dec 6, 2006
3791 posts
697 upvotes
Toronto
asa1973 wrote:
Nov 14th, 2017 12:10 pm
"Buy on rumours, sell on news" (c)
AMZN will sell drugs online -> AMZN up, CVS down

AMZN will NOT sell drugs online -> AMZN up, CVS down lol

maybe that why I'm not a trader - too illogical for me Face With Tears Of Joy
AMZN will sell drugs online -> AMZN up, CVS down ===> AMZN expanding into drug space, lucrative of course, good for AMZN!

AMZN will NOT sell drugs online -> AMZN up, CVS down ===> even AMZN is staying out, must be bad business there., good for AMZN!
Member
Feb 28, 2015
225 posts
18 upvotes
Montreal, QC
Hi guys, just curious what's your exit strategy..(when stock goes down below or above specific %?)
Member
Feb 26, 2017
301 posts
81 upvotes
nahsha wrote:
Nov 14th, 2017 1:50 pm
Hi guys, just curious what's your exit strategy..(when stock goes down below or above specific %?)
I generally let my winners run and have a couple big 10%+ positions because of that. For stocks that go down that I want to sell, I look at the fundamentals through fast graphs and set an exit price. I try to not set breaking even as my exit price as that's an arbitrary number.
Deal Expert
User avatar
Sep 19, 2004
20300 posts
3091 upvotes
Waterloo
ENB is down to $44.xx, Feb 2016 level. Crude -2%, ENB -2.3%.
Unbelievable, so much for the SE acquisition and nothing to show for

Other pipelines are okay - PPL -1.5%, IPL flat, ENF -1%, TRP flat/near 52w high

2-year chart. They were both $45 in Feb 2016
TRP +148%; ENB 90%
Which Credit Cards to sign up? >> Jerry's List of Credit Cards with $200+ Welcome bonus/Aeroplan & AMEX Churning FAQ
AMEX Personal 60K || Business Platinum 75K || Biz Gold 40K || SPG 25K
Deal Addict
Dec 3, 2014
1024 posts
182 upvotes
Ontario
Chance7652 wrote:
Nov 14th, 2017 2:10 pm
I generally let my winners run and have a couple big 10%+ positions because of that. For stocks that go down that I want to sell, I look at the fundamentals through fast graphs and set an exit price. I try to not set breaking even as my exit price as that's an arbitrary number.
Yeh I agree. If thesis changes, get out. Waiting for even often results in a deeper loss and opportunity cost for that capital.
Jr. Member
Sep 1, 2014
133 posts
42 upvotes
Toronto, ON
jerryhung wrote:
Nov 14th, 2017 2:36 pm
ENB is down to $44.xx, Feb 2016 level. Crude -2%, ENB -2.3%.
Unbelievable, so much for the SE acquisition and nothing to show for

Other pipelines are okay - PPL -1.5%, IPL flat, ENF -1%, TRP flat/near 52w high

2-year chart. They were both $45 in Feb 2016
TRP +148%; ENB 90%
Ya..I gotta admit... Enbridge is starting to worry me. This is getting insane. Shorts in full control..
Deal Addict
Jun 27, 2007
3184 posts
510 upvotes
llpresident wrote:
Nov 14th, 2017 12:26 pm
Source?
lol, I googled for you LINK

funny how results came in from May - AMZN wants to sell prescription drugs online, decision looms to recent rumor about medical devices
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
User avatar
Dec 8, 2010
2006 posts
626 upvotes
Stive85 wrote:
Nov 14th, 2017 3:20 pm
Ya..I gotta admit... Enbridge is starting to worry me. This is getting insane. Shorts in full control..
Worry in what sense? Are you a long term holder? Do you think there is something happening that insiders know about...?
Deal Addict
Jun 27, 2007
3184 posts
510 upvotes
second day in a row DOWN volume trashes UP volume on NYSE
someone selling gently, without big break. Wonder who is greater fool?

Definition LINK
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
User avatar
Oct 9, 2008
4032 posts
871 upvotes
Thornhill
Sold 1/2 of Envision Healthcare Corporation(NYSE:EVHC) position on today's buyout news rumour. Holding the rest until it gets bought out.

Will watch General Electric Company(NYSE:GE) before the close and might pickup a 1/2 position.

--

Passing on the GE entry for now. Will wait for further selloff as funds cannot be holding onto this one for much longer. 17PE entry is my target.
Last edited by Jeenyus1 on Nov 14th, 2017 3:53 pm, edited 1 time in total.

Top