Boiler Room: The Official Stock Market Discussion
Tesla fell low enough today that I bought a few shares. It's not a pay week for me so I only put about $1500 into it which got me 5 shares. In the future I'll keep my eye on it and if it goes down really low again I'll buy some more. I'm about done adding new companies to my portfolio. I really wanna start putting more money into the stocks like Microsoft, Apple, and Nike that I really like. Probably won't be buying any more Spotify, Facebook, Amazon, or Google any time soon. If JD.com ever drops again I'll buy more. I'm into about 23 stocks and 1 index fund right now. I might go into 25 but I plan to get out of CRON and ACB after CRON post their quarterly numbers.
Most in my portfolio period is about 8 grand in FXAIX.
Most in an individual stock is about 2 grand in AAPL.
Highest price a single share of AMZN at $1671.
Best return is CRON @ 45% 2nd best is JD @ 22.50%.
Berniewood Hogan
IT'S BERNIE SANDERS WITH A STEEL CHAIR!
500 retail stores closed in the last two days 
Foot Locker and Best Buy are doing well. I just found out Foot Locker owns Champs and Foot Action.500 retail stores closed in the last two days
levitate
I love you, you know.
Set to sell at open bell at over $69.
Also set to sell Fitbit (at a loss...)
May pick up Twitter.
I bought in on Fitbit at 5.69 and got nervous before their report and sold out at $6.40. The stock crashed days after I sold it. I won't be buying any more Fitbit. I just don't believe in their product category. They suck at smartwatches and excel at fitness trackers and fitness trackers are played out.Set to sell at open bell at over $69.
Also set to sell Fitbit (at a loss...)
May pick up Twitter.
I probably should research Roku more. I gave them a hard look in the mid 40s but passed because they sell steaming boxes that mostly run other people's software. I think they're trying to expand their Roku channel and get into ads though. Roku is like Fitbit to me I just don't believe what they're selling can ever really dominate. I have a Roku and I like it but smart TVs run these apps. A Chromecast, Apple TV, Fire Stick runs them. What makes Roku special?
levitate
I love you, you know.
I bought Fitbit a few years back when my previous company was giving them out for free to employees as part of it's exercise and heath program. Thought that that would catch on and more corporations would follow suit. Sure as hell didn't. With more and more people buying smart watches with more capability, Fitbit is basically Larry Holmes status now. Horrible fukking stock performance over the past few years.
ROKU is a different scenario. They offer great streaming boxes... Top of their class in terms of performance and features. There is just a lot of stiff competition at play... Apple, Google, Amazon, TVs with smart features already built in (thus reducing the need for a streaming box).
To ROKUs credit, they have been diversifying pretty well...ROKU TVs, ROKU channel, etc. I think they are set up well for the future and will be profitable...but price just seems high given their overall offerings and stiff competition in the market. Great company though...
I forgot about the smart TVs that come with Roku. I think they lost their contract with Best Buy though.
levitate
I love you, you know.
I'm just not sold on Tesla.... Certainly not as a long term investment.
Looking at the EV market... The heavy hitters haven't even thrown their hats in yet. VW is heading up for 2020 releases, big EV focus.... Just imagine when Honda and Toyota start shipping EVs.
They'll likely price at relatively mainstream pricing and they have the engineering and manufacturing to push out product without all of the production and design issues that Tesla has had... Oh and not to mention their debt problems...I just don't see Tesla being a major player (15+% marketshare) within the next 5-8 years. Will likely be VW, Toyota, Nissan, Honda...
aXiom
Maximized Potential
I think unless you're playing short term or options, you shouldn't put you hard earned money in TSLA for the long.
That being said I've got 3/22 $310 calls I bought on Friday. Let's see what happens this week with the Model Y event being announced.
Really pissed off I missed that ZS wave and lost $1000 on SPLK last week.
That being said I've got 3/22 $310 calls I bought on Friday. Let's see what happens this week with the Model Y event being announced.
Really pissed off I missed that ZS wave and lost $1000 on SPLK last week.