Boiler Room: The Official Stock Market Discussion

[analog]

but how will it look in your portifolio since you bought shares in a company at different prices? for example:

if I bought 20 shares in a company, one share being $20.55.
It will look like

$411
One share (average price): $20.55

But the next day one share now costs $18.10, and I decide to buy two shares which is $37?

How is the $18.10 taken into account since it's lower than $20.55

What's the new average price of share in the company I invested in or will stay at $20.55 per share?

Total amount spent ($) / Number of shares

Per your example, (20 * $20.55) + (2 * $18.10) = $447.2. Divide by total number of shares (22) for an average cost per share of $20.3

 

[Donald J Trump]

18,890.5
Futures -984.5 -4.95%

My top stocks i wanna hold for 3+ years

F (USA wont let it die)
SPRWF (has a 342,000 sq ft greenhouse weed co)
CHK (oil very risky play)
XOM (oil)
CCL (they’ll be back)
PLAY (way undervalued)
CAKE (quality food cheap price)
TSLA (elon, need i say more)
NEXCF (risky augmented reality play)

Im a risky kinda guy as you can see

 

[NaijaProdigy Redux]

on a side note how many hours yall dedicating on this stocks shyt, feel like im spending every minute on the computer reading stocks related shyt

I have CNBC on from 7am until 6pm everyday

When I'm not doing work-related stuff I'm researching investment ideas

 

[Majestic]

Breh is just takes how much you've spent total and compares it to how much it would cost for that amount of shares at the current market price.

What you want to look at is your total gain in that column.

What service are you using

I see. using Etrade. I really wanna jump on Robinhood but after the shyt fest lately its status.

 

[Majestic]

18,890.5
Futures -984.5 -4.95%

My top stocks i wanna hold for 3+ years

F (USA wont let it die)
SPRWF (has a 342,000 sq ft greenhouse weed co)
CHK (oil very risky play)
XOM (oil)
CCL (they’ll be back)
PLAY (way undervalued)
CAKE (quality food cheap price)
TSLA (elon, need i say more)
NEXCF (risky augmented reality play)

Im a risky kinda guy as you can see

CCL will be back and it'll be a great comeback. Ain't no way the biggest cruise company in the world going to fold over. They stock is really low now, and i'm hoping it will get lower next week. They were averaging 40 - 50 before the virus popped up.

 

[stave]

Looking at scooping up a shyt ton of REIT shares dirt cheap and eating off dividends

Still looking for more funds but I gotta stop buying sneakers

 

[winb83]

I’m with PPCIan. I’m gonna focus on my ride or die stocks from here on out. I will be building JNJ, DIS, and FB. I also wanna add to MCD, MSFT, and T. INTC, VZ, UTX, and KO are also possible but more distant. I want JNJ to be a top 3 stock for me and right now it’s #10 of 19.

ABBV and UBER I plan to add 10 more shares and leave them alone. AAPL is 15% of my portfolio so unless it falls to crazy prices I’ll not be buying.

I want my top 5 to be: (Currently)
AAPL (1)
MSFT (3)
JNJ (10)
FB (5)
DIS (9)

I’ve taken massive losses on F, XOM, and CCL. Won’t be selling but probably won’t buy anymore other than F which I want 23 more shares of at under $5 only.

TGT, TPR, and NKE are positions I sold out of but would like back in. Depends on how long this last I’ll buy back into all. Lastly and distantly I wanna add PEP and MMM.

 

[Saysumthinfunnymike]

and T.

I asked on an earlier page. What do you think their outlook is? They are dropping HBO Max soon

 

[winb83]

I asked on an earlier page. What do you think their outlook is? They are dropping HBO Max soon

I think AT&T will do well. I really hope they sell Direct and cut down their debt. I think the Time Warner Media purchase was great and due to recent events especially HBO Max should do very well if they can get it out soon.

 

[Consigliere]

I’ve said before and will say again: load up on hotel stocks. They’re guaranteed to get a big bounce as soon as we get a definite timeline on this crisis. They’re all flush with cash even if they’re temporarily cutting they’re dividends.

 

[Chrome2279]

on a side note how many hours yall dedicating on this stocks shyt, feel like im spending every minute on the computer reading stocks related shyt

Couple hours a day, this thread has some good information on it. If you don’t have enough money to buy many various stocks. Stick to 2-3 and go as hard as you can on them.

I hear the Robinhood app is pretty good. I personally use stash. The link below gives you $20 bucks free to invest if you use it. they have step by step stock coaching and stuff for beginners too. Have fun!

Investing for Real People

 

[UncleTomFord15]

18,890.5
Futures -984.5 -4.95%

My top stocks i wanna hold for 3+ years

F (USA wont let it die)
SPRWF (has a 342,000 sq ft greenhouse weed co)
CHK (oil very risky play)
XOM (oil)
CCL (they’ll be back)
PLAY (way undervalued)
CAKE (quality food cheap price)
TSLA (elon, need i say more)
NEXCF (risky augmented reality play)

Im a risky kinda guy as you can see

Why this one other than the size?

 

[Majestic]

I’ve said before and will say again: load up on hotel stocks. They’re guaranteed to get a big bounce as soon as we get a definite timeline on this crisis. They’re all flush with cash even if they’re temporarily cutting they’re dividends.

what particular hotel stocks breh?

 

[Saysumthinfunnymike]

what particular hotel stocks breh?

MGM might be a lick

 

[Futuristic Eskimo]

I’ve said before and will say again: load up on hotel stocks. They’re guaranteed to get a big bounce as soon as we get a definite timeline on this crisis. They’re all flush with cash even if they’re temporarily cutting they’re dividends.

They can also go to zero. Your scenario is far from guaranteed. You're buying one of the hardest hit industries into a complete unknown.

I expect the Marriotts to be down 50% this week. Every rally will get crushed.