Locked: What did you buy? What might you buy??
- Last Updated:
- Nov 16th, 2022 11:49 am
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- admiralackbar
- Deal Addict
- Dec 4, 2011
- 2565 posts
- 2828 upvotes
- Montréal
- esoxhntr
- Deal Addict
- May 17, 2012
- 3199 posts
- 2222 upvotes
- ontario
- Chance7652
- Deal Addict
- Feb 26, 2017
- 2902 posts
- 4581 upvotes
I did some tinkering but I don't consider this a real buy.
Did an internal buy where I sold AQN and bought one share of AMZN. After this I'll have 10/11 of my shares in AMZN is in my TFSA and one in my RRSP (eventually I want all my AMZN in my TFSA). I'll be selling one share of AMZN in my RRSP and buying AQN on Monday. Based on some cash I had in the accounts I'll add about $900 in AQN when I do that. I feel good about this move but the winner is probably TD who is getting my $40 for the four trades...
- jenneth
- Deal Addict
- Jan 5, 2018
- 2725 posts
- 2535 upvotes
- esoxhntr
- Deal Addict
- May 17, 2012
- 3199 posts
- 2222 upvotes
- ontario
- craftsman
- Deal Expert
- Jan 27, 2006
- 21844 posts
- 15620 upvotes
- Vancouver, BC
There are a lot of AAPL apologists out there that will make up reasons why AAPL is worth more now even with iPhone sales dropping. For anyone wondering about AAPL, ask the important question of has AAPL's business or even the prospects tripled since it crossed the $1T market cap to today? I would say no but those who support AAPL, just like those who support NFLX, believe there is more upside.bLuPhYrE wrote: ↑ the mania we saw in 2020/2021 was caused by the massive liquidty provided by the FED. the asset bubble we are currently in just isn't sustainable and now that the fed has gone hawkish the market is showing it. executives have cashed out, you know whos bag holding? the retail investors to "buy the dip". I still constantly see the "apes" who want to buy the dip on GME and AMC which i genuinely have a worry for. We've already seen 50% corrections from some stocks such as: DOCU, PTON, ARKK, GME, AMC, ZM, MTTR and more. Now we are seeing some big names such as NFLX starting to show signs of weakness as well. What happens with APPL MSFT, TSLA report earnings that miss estimates next week? Watch out below. I mean i literally read an article about APPL saying iPhone demand is slowing, and yet we hit a 3T market cap (mind you for a short time).
Anyways I don't want to sound too bearish i wish everyone luck with their trades.
- esoxhntr
- Deal Addict
- May 17, 2012
- 3199 posts
- 2222 upvotes
- ontario
its gotta hold 396 in the short term. if not i will be watching to see if it gets to 382 range again where I will buy again but put in a tight stop loss a few cents below the low of the day. at least that's the plan.
if that doesnt pan out, ohh well. i made my truck payment today.
- Chance7652
- Deal Addict
- Feb 26, 2017
- 2902 posts
- 4581 upvotes
Holding AAPL is more about my strategy of riding my winners. When I bought it in 2018 at 160 pre split (40.10 post split) it looked like a good dividend growth stock that I thought was worth a higher valuation than the 16 PE. My view was the market wasn't giving enough credit for their services revenue. It turned out to be one of the best buys I've ever made. I wouldn't buy it now but I'll hold as its continuing to meet the goal of why I bought which was to offer growing dividend.craftsman wrote: ↑ There are a lot of AAPL apologists out there that will make up reasons why AAPL is worth more now even with iPhone sales dropping. For anyone wondering about AAPL, ask the important question of has AAPL's business or even the prospects tripled since it crossed the $1T market cap to today? I would say no but those who support AAPL, just like those who support NFLX, believe there is more upside.
- SmokinGun
- Member
- May 24, 2021
- 274 posts
- 180 upvotes
Bot SHOP. Doubt that it will go down to $300-400 as you would be dreaming. Had SHOP at its IPO price years ago and kicking myself now when I sold them at $700.hiphopforce wrote: ↑ Not much $ left to really pick up shares of SHOP, unless its back to $300-$400 which I would be dreaming.
Last edited by SmokinGun on Jan 21st, 2022 1:27 pm, edited 1 time in total.
- florenntina
- Member
- Nov 27, 2019
- 357 posts
- 457 upvotes
Start buying ZSP @ 61.13
- TimH87
- Newbie
- Apr 21, 2020
- 63 posts
- 58 upvotes
sold my big losers today, PENN & LSPD and used that money to buy more COST and JNJ...i figure if a recession or crash is coming these 2 will hold up better, and both pay a dividend (very small for costco i know)
very tempted to buy more Disney in the 130's but going to wait and see if it dips some more
very tempted to buy more Disney in the 130's but going to wait and see if it dips some more
- Capt.
- Deal Addict
- Sep 2, 2004
- 3138 posts
- 2300 upvotes
Not buying much today, but I did start a small spec position in AMY - American Manganese. This is another @CDNGreenTrader name. It's down 10% today to $0.75. Very much a spec play with no revenue and a $200M market cap so do your own DD on this one.
Continuing to watch LSPD to see where a bottom forms (current price is $38.22, down 4.5% today) and a possible add to LAC (current price $31.75, down 5.2% today) as well as tracking dividend growers for a bit of leftover capital in my new DGI portfolio.
- Sanyo
- Deal Guru
- Feb 9, 2009
- 12381 posts
- 11307 upvotes
I'll dollar cost average into my usual names.
But this sell off is different with Fed hawkish now, less people BTFD!
Would like to see some cooling inflation numbers I think will help this market. Right now inflation too hot and PPI numbers in the US is telling us CPI is going to continue moving up. Fed should have ended their nonsense QE from middle of last year and started raising rates by now...instead they are still QE'ing until March and STILL INJECTING MONEY INTO A SYSTEM THAT IS ON OVERLOAD! Its like giving a coke addict more coke to get high on when you need to be taking it away...
They are behind the curve and market is purging now. Thats ok we needed this correction anyways. Healthy for market.
Last edited by Sanyo on Jan 21st, 2022 1:44 pm, edited 1 time in total.
- 1xTiMeR
- Deal Fanatic
- Apr 25, 2006
- 8454 posts
- 3628 upvotes
Defend 200MA if we get there on SPY.
https://stockcharts.com/h-sc/ui?s=SPY
We defending it on ES already.
https://invst.ly/x6j4-
https://stockcharts.com/h-sc/ui?s=SPY
We defending it on ES already.
https://invst.ly/x6j4-
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
- Blubbs
- Deal Fanatic
- Mar 21, 2013
- 6155 posts
- 10805 upvotes
- Canada
The defense failed, lol.1xTiMeR wrote: ↑ Defend 200MA if we get there on SPY.
https://stockcharts.com/h-sc/ui?s=SPY
We defending it on ES already.
https://invst.ly/x6j4-
- esoxhntr
- Deal Addict
- May 17, 2012
- 3199 posts
- 2222 upvotes
- ontario
timber on SHOP wow.
- bLuPhYrE
- Deal Addict
- Oct 26, 2007
- 2803 posts
- 2613 upvotes
- YYZ
- Guest033746887
- Deal Expert
- Jun 26, 2011
- 15096 posts
- 5413 upvotes
- GTA
Talking myself out of buying CLF, so it's probably a good buy
- 1xTiMeR
- Deal Fanatic
- Apr 25, 2006
- 8454 posts
- 3628 upvotes
Gotta buy when we see capitulation.
I think its gonna come monday imo. We aint closing near the open i.e. doji. SPY 200MA is next up
I think its gonna come monday imo. We aint closing near the open i.e. doji. SPY 200MA is next up
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
- esoxhntr
- Deal Addict
- May 17, 2012
- 3199 posts
- 2222 upvotes
- ontario
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