Down but about to rebound? Only stock picks

morris

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Bought Exxon Mobil(XOM) at $34.25 (15 shares)

Bought Frontier(FTR) at $0.27 a week ago (250 shares)

Bought NY Mortgage Trust(NYMT) at $1.04 (200 shares)


Should triple my money within a year.

Since TLR is trash. Reach one teach one.

Check out NYMT REML and WMC. Mostly real estate stocks that was booming before the crash all around 5 bucks. If they get to half of previous value it's a come up.

I never bought it. Has nearly 4x since its drop. You guys hold or took the profits? Also NYMT us paying a10% dividend yield
 

winb83

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I never bought it. Has nearly 4x since its drop. You guys hold or took the profits? Also NYMT us paying a10% dividend yield
Looking at that company's stock there's really been no capital appreciation on it in over a decade. If your goal is to generate payments it's fine. If your goal is to make the most money that's a terrible stock. Stocks should appreciate in value dividends or not. If it's not gaining value the dividend payments aren't gonna be enough to make up for that.
 

morris

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Damn just discovered this thread... I got 2k to burn this week... any recommendations?
It jumped 12+% today and I did not get on it (still haven't).

Look into (but wait until you buy) DSS. It's at all-time low but has a joint venture and is into blockchain, in addition to security.
 

morris

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Looking at that company's stock there's really been no capital appreciation on it in over a decade. If your goal is to generate payments it's fine. If your goal is to make the most money that's a terrible stock. Stocks should appreciate in value dividends or not. If it's not gaining value the dividend payments aren't gonna be enough to make up for that.
Yet it has paid dividends for at least 5 years I checked (I think it stopped for a quarter in 2020)
Yahoo is now a part of Verizon Media

And, "In comparison to other US listed dividend yielding stocks in the Real Estate sector, New York Mortgage Trust Inc's expected return of 148.09% is higher than 93.37% of its fellow sector mates."

I still have not bought this as I am pondering this, AM & ET. I already have and buy monthly (WPC, VRT, O, MPW, LUMN, BGCP). Eventually, whichever proves to be the weak ones will be sold and those funds will be added to the best, winning dividend stock.
 

morris

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Fudge it.

Bought a few hundred of DUOT. A tech company. Morning Star recommendation. Most of their picks are meh, but I got PBI off them and that has been my monster gainer for the year (178%)
Don't know what new catalysts been happening but up 70% since 11/10/2020 post

Duos Technologies Group Inc
6.70 USD+0.50 (8.06%)
Feb 12, 4:00 PM EST
 

amare68

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any recommendations on $500 - 1 K ? I was about to put it all into ARKK but looking to see what's out there, thanks in advance
 

morris

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Since the Market is having a sale, I bough share of BLUE.

A gene-editing biotech, they recently announced: bluebird (BLUE) to Spin Off Oncology Unit Into Separate Entity
Yahoo is now a part of Verizon Media

And if ARKG buys into it it may fly, though they need some great catalyst. Purely speculative stock at this point.
Been doing great for the most part but every now and again I am reminded of the basics.

BLUE halted sickle cell research and it just fell -35%

Now down a total of -41%:francis:

I usually have a -10% tolerance level. Live and learn.
 
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