- Joined:
- Aug 20, 2012
- Posts:
- 33,740
- Liked Posts:
- 25,911
- Location:
- Any-Town, USA
My favorite teams
You must be paying "Vanguarde" a pretty penny for such top notch advising.
Stock Market/Investing
- Thread starter knoxville7
- Start date
- Joined:
- Aug 20, 2012
- Posts:
- 33,740
- Liked Posts:
- 25,911
- Location:
- Any-Town, USA
My favorite teams
I've got etfs in my roth, along with reits and stocks, but I'm just dollar cost averaging that account regardless.
- Joined:
- Aug 20, 2012
- Posts:
- 33,740
- Liked Posts:
- 25,911
- Location:
- Any-Town, USA
My favorite teams
I got in around $12, looking to get a little more if it falls back under $10.
- Joined:
- Mar 1, 2015
- Posts:
- 33,914
- Liked Posts:
- 35,521
If you want a good buy, look into Welltower (Well). This has been in my portfolio for a few years. I got in on some more when it was down around $40. It's a real estate firm that invests/manages seniors housing/assisted living and care facilities. I figure with the aging population they are in for a great couple of decades. The dividend is also fantastic.
Edit: It's at $56 right now, which is still good value, but I would wait on it. Market's been on a tear the last few days. It's bound to fall back below $50. Waiting on my TRUMP CHECK and was going to unload most of it into Welltower lol.
- Joined:
- Aug 20, 2012
- Posts:
- 33,740
- Liked Posts:
- 25,911
- Location:
- Any-Town, USA
My favorite teams
I have them in my roth as a part of my reits.
- Joined:
- Aug 20, 2012
- Posts:
- 27,619
- Liked Posts:
- 12,613
My favorite teams
34 BASIS POINTS
- Joined:
- Oct 7, 2011
- Posts:
- 21,232
- Liked Posts:
- 14,755
- Location:
- Dongbears is thee worst!
My favorite teams
UCO players.....Heads up. This stock has a history of reverse splits. It's happened 3 or 4 times since 2011.
Now I once thought that it was sitting around the 20's so once the market went back to normal, it should shoot up. This is not a stock though. It is a 2x leveraged ETF with a history of robbing big dummies of their money. This is not a long term stock. Buy a few shares. But I strongly urge you to not go nuts.
Please look up "reverse split" and know what you are getting into.
I am no expert, but this is advice you might want to take into account before you think this is going to shoot back to the moon. If it reverse splits, your money is gone.
This is a day/swing trade only after further analysis on my part. I bought $125.00 worth last week and since then, I have been doing my DD on it and IMO, it sucks. It is due for another reverse split and you will be out of your money. This is no time to be without any money even if it's play money.
Just my 2 pennies
Now I once thought that it was sitting around the 20's so once the market went back to normal, it should shoot up. This is not a stock though. It is a 2x leveraged ETF with a history of robbing big dummies of their money. This is not a long term stock. Buy a few shares. But I strongly urge you to not go nuts.
Please look up "reverse split" and know what you are getting into.
I am no expert, but this is advice you might want to take into account before you think this is going to shoot back to the moon. If it reverse splits, your money is gone.
This is a day/swing trade only after further analysis on my part. I bought $125.00 worth last week and since then, I have been doing my DD on it and IMO, it sucks. It is due for another reverse split and you will be out of your money. This is no time to be without any money even if it's play money.
Just my 2 pennies
- Joined:
- Aug 20, 2012
- Posts:
- 27,619
- Liked Posts:
- 12,613
My favorite teams
BOUGHT $125 WORTH OF STOCK. WTF, YOU ARE BELOW THE MINOR LEAGUES. TELLING US THAT WASN'T WORTH THE KEYSTROKES. $125.......LOLOLOLOLOLOLOLO
- Joined:
- Oct 7, 2011
- Posts:
- 21,232
- Liked Posts:
- 14,755
- Location:
- Dongbears is thee worst!
My favorite teams
Eat a bowl of dicks.
I bought 125.00 to play around. My Visa position is probably worth mlre than your house
- Joined:
- Aug 20, 2012
- Posts:
- 27,619
- Liked Posts:
- 12,613
My favorite teams
YEAH RIGHT, MR $125 BIG SHOT
You are a pauper that should refrain from talking finances with real men.
During the early 2000s I was making $220k in one day trading one stock and you are talking about $125? LOLOLOLOLO
- Joined:
- Aug 21, 2012
- Posts:
- 42,189
- Liked Posts:
- 34,933
Guy who leaves all his money to be invested by Vanguard, is an effective stock trader who can make 220k in a single day.
Guy who can make 220k stock trading in a single day, stayed in tech sales his entire career instead of making a shitload of money in financial services.
How many more lies you got in you for this thread?
I'll go make popcorn.
- Joined:
- Aug 20, 2012
- Posts:
- 33,740
- Liked Posts:
- 25,911
- Location:
- Any-Town, USA
My favorite teams
Were you day trading between your door to door vacuum sales?
- Joined:
- Aug 20, 2012
- Posts:
- 33,740
- Liked Posts:
- 25,911
- Location:
- Any-Town, USA
My favorite teams
Vanguarde.
- Joined:
- Oct 7, 2011
- Posts:
- 21,232
- Liked Posts:
- 14,755
- Location:
- Dongbears is thee worst!
My favorite teams
Sure you were... Early 2000s during the dot com bubble right?
You keep doing your fake stuff and living in your fake lease world.
- Joined:
- Oct 7, 2011
- Posts:
- 21,232
- Liked Posts:
- 14,755
- Location:
- Dongbears is thee worst!
My favorite teams
He still has his 89 Audi and yes that was he, going door to door selling Kirby vacs.
- Joined:
- Jul 12, 2013
- Posts:
- 19,415
- Liked Posts:
- 13,624
- Location:
- The sewers
My favorite teams
russia and opec just agreed to cut back a shit ton. This will raise the price of UCO. While it’s not something I plan on still having a year from now, here in the short term I’m loving it.
also, a reverse split doesn’t mean your money is gone. You have the same value within your holding as you did before the reverse split. You just have it in fewer shares. of course, if you mean it’s generally a desperate move by a company...that’s true. However, like you said...this isn’t a stock, it’s an etf lol.
Last edited:
PaytonHighstep
Well-known member
- Joined:
- Feb 26, 2015
- Posts:
- 855
- Liked Posts:
- 576
- Location:
- Normal America
My favorite teams
- Joined:
- Oct 7, 2011
- Posts:
- 21,232
- Liked Posts:
- 14,755
- Location:
- Dongbears is thee worst!
My favorite teams
Sell tomorrow boys..Sell every share. Day traders have bled this one dry. So with the split,your share price goes way up but you have less shares. And very soon less money.
PaytonHighstep
Well-known member
- Joined:
- Feb 26, 2015
- Posts:
- 855
- Liked Posts:
- 576
- Location:
- Normal America
My favorite teams
I wish we could, but Good Friday happens to be tomorrow. Monday it is!
- Joined:
- Oct 7, 2011
- Posts:
- 21,232
- Liked Posts:
- 14,755
- Location:
- Dongbears is thee worst!
My favorite teams
I am not sure if you have ever held any positions through reverse splits but you are in for a rude awakening.
Yes, you get less shares and a way bigger price per share. But the second the split happens the price falls.....and falls.....and falls.... and then it reverse splits again.......and again..... UCO has done this 4 times since 2011!
Like I said, when you posted I looked and dipped my feet in last week. IMO that was a mistake and my sell order is in for my measly 53 shares at the bell tomorrow.
Do what you wish... My decision is made though. This ETF is trash for holding.
This is a day traders stock. And I will short the piss out of it come April 22nd after its' 5th reverse split in 9 freaking years.
Again, I don't claim to be a guru but this one is trash and I thought I'd share my thought so guys like @Les Grossman don't drop thousands into it .
Good luck
Staff online NOW
-
bamainatlantaYou wake him up, you keep him up