Coronavirus - Pandemic...or Opportunity?

[Mikey]

Inovio Pharmaceuticals

A local San Diego company that's working on a COVID-19 vaccine.
I bought some of their stock on a whim on Feb 12 at $3.35.
Today, while the Dow lost 786 points this stock gained 64% to $7.48.

I wish my entire portfolio looked like this. Unfortunately it seems like most of my retirement is slowly going up in smoke.

[Wolfman]

Chicken Little---the sky is falling.

[Mikey]

Not actually too worried. I’m pretty well diversified.

Here’s another that hasn’t suffered too much.
I’ve been into Enphase since 2012 when I put up the magic shade tree.


https://finance.yahoo.com/quote/ENPH/

[Mikey]

Inovio Pharmaceuticals

A local San Diego company that's working on a COVID-19 vaccine.
I bought some of their stock on a whim on Feb 12 at $3.35.
Today, while the Dow lost 786 points this stock gained 64% to $7.48.

I wish my entire portfolio looked like this. Unfortunately it seems like most of my retirement is slowly going up in smoke.

Up another 18% this morning. 163% since 2/12.

RACK me for my prescience.

[Mikey]

Not actually too worried. I’m pretty well diversified.

Here’s another that hasn’t suffered too much.
I’ve been into Enphase since 2012 when I put up the magic shade tree.


https://finance.yahoo.com/quote/ENPH/

Here's the Enphase chart, BTW.

Their stock was worth almost nothing three years ago. Now they're one of the dominant players in the solar PV industry.

[Derron]

Nice when you have a clear understanding of an industry can help you invest properly. I have a position in a turf equipment manufacturer that I used to work for regionally. Fiscal year ends in October when inventories are down and cash flow good and profits high. Sell some then and buy back in the spring when the stock price is down and roll it over again in Oct. Good for 10K every year.

Now we all know that the cock suckers in main stream media and the financial honks on the Street were flipping shit so fast it was driving the traded share volume stupid. I watched it a day or so and not touching my primary positions in Costco, I sold a couple of mutual fund accounts and played the Costco thing this last week and yesterday and today. I moved that stock 5 times in 2 days and made a very good profit. All inside my IRA's. Used the profits to add to my ATT position,and bought Dollar General, who plans to open 11,000 new stories in rural areas. I still have some cash sitting there and will watch the market tomorrow. I have all kinds of buy sell limits set so it becomes pretty easy, and making 2 to 3 grand a day has been awesome.

[Left Seater]

I don’t have the time to be that hands on in my investments. I am in for the long term play, still 15 years or so. I just take the monthly report and go thru that in detail. I also make sure that what is reflected in the report matches what I see online.

[Mikey]

I wish I had time to do the day trader thing, but it can be a very dangerous game.

I bought some Invio stock three weeks ago on a total whim at $3.35.

The other day I put in a limit order to sell the entire lot at $10.00. When I saw this morning that it had hit $9.89 I decided to go ahead and dump it. It had dropped to $9.50 by the time I was able to pull the trigger, but still made a tidy profit on that. That's the first substantial "short term" capital gain I can actually remember taking, but it's in my IRA so it doesn't really matter.

When I rolled over all of my 401(K)s from various former employers a few years ago, I put 2/3 of it into a target fund robo-advisor IRA that I don't touch. Of the rest, I put about half into a group of exchange traded index funds that I also don't touch except to occasionally re-balance. The last part I held back to play around investing in individual stocks. Some have done OK. Some have not done OK. A few have done really well. Everything left in there is mostly "long" or will be at some point.

[Mikey]

The other one I couldn't help playing around with is Enphase. I invested a few thousand there years ago at around $5.00 and saw it gradually drop to $0.65, at which point it wasn't even worth selling so I just left it alone. Then it started going up in 2018, gradually at first, until it hit something like $32.00. I was thinking holy shit, this is pretty cool. Then it fell to around $18.00 in November of last year, and I thought, WTF at this point I'm playing with other peoples' money so I tripled my position. At $40 I sold all of my original shares at a 700% profit. So now I have the shares I bought in November at $19.00 and it's sitting at $56.00 today.

I'm in this one for the long run, as Enphase is a leader in a large and growing industry. Inovio was a shot in the dark.

[Left Seater]

I haven’t hit any home runs like that that I know of. We have a broker where we pay him on the gain only. So it is in his best interest to maximize our gains. His percentage rises as does our gains.

We have also invested in two startups. Both were a bit of a long shot but one is actually bringing a product to market now and is looking promising. The other, seems to be floundering.

[mvscal]

Pandemic or opportunity are not mutually exclusive.

[Derron]

Down day today, I bought into Costco again, and increased my health care positions a bit, particularly in Abbive and Gilead who both have products to treat this corona virus bullshit. I have a limited amount I day trade with, and have buy and sell limits set on all those positions. I have been using the day trading profits to increase my other positions in some other stock groupings that I have.

Overall I am down a bit from the first of the year, but like my positions much more. Time will tell. My bro in law plays it big time. He has about 4 million in over all and day trades with about 250K. He has made about 18K the last week. He will be into about three of the movers today and will sell them at $ 10 a share profits most likely on Monday or Tuesday on the uptick.

[Softball Bat]

I've been out of the market for months. Just jumped back in today. Things are sure to crater now.

Definitely.

We are nowhere near the bottom.


Get out.

[EAP]

I've been out of the market for months. Just jumped back in today. Things are sure to crater now.

Definitely.

We are nowhere near the bottom.


Get out.

You give new meaning to the term "Gloom and DOOM".

I don't know whether to laugh or cry.

[Innocent Bystander]

Pandemic or opportunity are not mutually exclusive.

That'll rack.

[Innocent Bystander]

The other one I couldn't help playing around with is Enphase. I invested a few thousand there years ago at around $5.00 and saw it gradually drop to $0.65, at which point it wasn't even worth selling so I just left it alone. Then it started going up in 2018, gradually at first, until it hit something like $32.00. I was thinking holy shit, this is pretty cool. Then it fell to around $18.00 in November of last year, and I thought, WTF at this point I'm playing with other peoples' money so I tripled my position. At $40 I sold all of my original shares at a 700% profit. So now I have the shares I bought in November at $19.00 and it's sitting at $56.00 today.

I'm in this one for the long run, as Enphase is a leader in a large and growing industry. Inovio was a shot in the dark.

What is Enphase doing right, company leadership-wise, that you profited from? What other companies do you see following Enphase's business model?

[Innocent Bystander]

I've been out of the market for months. Just jumped back in today. Things are sure to crater now.

Definitely.

We are nowhere near the bottom.


Get out.

You give new meaning to the term "Gloom and DOOM".

I don't know whether to laugh or cry.

Poptart sees what's really going down, behind the veil. You can listen to him, and save yourself, or try to be a tough guy.

Don't be a tough guy, be a Jew on this one. Or Buffett. Or think outside the box of short term profits and losses.

Me, I only wish I had the money to buy these airline stocks as they plummet. When the bottom hits, there is going to be some sick money made on the upward climb back -- just like after 2008 and 2001. I agree with those who say we haven't come close to hitting bottom, yet, though.

shutyomouth's words of wisdom from two months ago, about what the media chooses to say versus not say, are still in effect.

[Softball Bat]

I've been out of the market for months. Just jumped back in today. Things are sure to crater now.

Definitely.

We are nowhere near the bottom.


Get out.

You give new meaning to the term "Gloom and DOOM".

I don't know whether to laugh or cry.

Have you seen today's stock futures?

Today (and possibly Monday) are going to do UGLY things to those 401's.

[EAP]

Definitely.

We are nowhere near the bottom.


Get out.

You give new meaning to the term "Gloom and DOOM".

I don't know whether to laugh or cry.

Have you seen today's stock futures?

Today (and possibly Monday) are going to do UGLY things to those 401's.

Cry it is.

[EAP]

Definitely.

We are nowhere near the bottom.


Get out.

You give new meaning to the term "Gloom and DOOM".

I don't know whether to laugh or cry.

Have you seen today's stock futures?

Today (and possibly Monday) are going to do UGLY things to those 401's.

Cry it is.

[Kierland]

I’m sure my trusts have stocks that go up and down, but I don’t look at it at all, and it wouldn’t matter much anyways as I’m the beneficiary not the trustee. I just cash the checks.

[EAP]

I’m sure my trusts have stocks that go up and down, but I don’t look at it at all, and it wouldn’t matter much anyways as I’m the beneficiary not the trustee. I just cash the checks.

You're living the dream son.
Livin' the dream.

[Kierland]

My grandparents weren’t idiot dirt farmers like 88’s.

[EAP]

My grandparents weren’t idiot dirt farmers like 88’s.

Whaaat???
I understood that 88 came from the finest stock on earth. He's 100% pure.
You can trace him directly back to Alexander the Great.

I'm 100% Solid German.
How bout' you? The Huns?

[Kierland]

No, Appalachian dirt farmers. So probably Scot or Irish.

[EAP]

No, Appalachian dirt farmers. So probably Scot or Irish.

How could you know that?
You guys are tight in real life?

[Mikey]

You can be 100% confident that, even if pops is right about the market falling today, he'll be wrong in the long run.

Always has been.
Always will be.

[Mikey]

Lobster anyone?

I may have to do some lobster shopping tonight.
Support the industry and stuff...

[Kierland]

No, Appalachian dirt farmers. So probably Scot or Irish.

How could you know that?
You guys are tight in real life?

I’m not a blathering noob, that’s how.

[Innocent Bystander]

Lobster anyone?

I may have to do some lobster shopping tonight.
Support the industry and stuff...

How is this gonna fuck the salmon industry?

[Innocent Bystander]

No, Appalachian dirt farmers. So probably Scot or Irish.

How could you know that?
You guys are tight in real life?

They met at a troll stop. They ain't fucking. Take nothing seriously between them.

[EAP]

You can be 100% confident that, even if pops is right about the market falling today, he'll be wrong in the long run.

Always has been.
Always will be.

I knew that you were a straight shooter. We need more board members like you.

[EAP]

No, Appalachian dirt farmers. So probably Scot or Irish.

How could you know that?
You guys are tight in real life?

I’m not a blathering noob, that’s how.

IB said you met at a troll stop.
You didn't proposition him, did you?

[Mikey]

You can be 100% confident that, even if pops is right about the market falling today, he'll be wrong in the long run.

Always has been.
Always will be.

I knew that you were a straight shooter. We need more board members like you.

Pops is spot on about most things. He just has a few dysfunctional brain cells in whatever cortex deals with the stock market and the shape of the planet we inhabit and stuff.

[Wolfman]

Is much ado about nothing or bullshit an optional answer here ?

[Softball Bat]

Is much ado about nothing or bullshit an optional answer here ?

America has barely been testing people, compared to what S. Korea is doing, for example.

America's response has been woefully, ridiculously inadequate.

This lack of testing is going to rear it's ugly head and cause chaos in hospitals and care centers.


A large rash of closings and cancellations of services (schools, events, business operations, etc.), along with major supply chain disruption consequences are poised to begin.


Enjoy!






#FUBAR

[Mikey]

Wolfie doesn’t get out very much, so it’s all the same to him.

[Screw_Michigan]

Wolfie doesn’t get out very much, so it’s all the same to him.

Wolftard can always be counted on to parrot the GOP line. In this case, it's that coronavirus is a hoax ginned up by Democrats to politically hurt Donald J Trump.

[EAP]

Wolfie doesn’t get out very much, so it’s all the same to him.

Wolftard can always be counted on to parrot the GOP line. In this case, it's that coronavirus is a hoax ginned up by Democrats to politically hurt Donald J Trump.

Another miscalculation on your part.
This can't hurt trump with any group of voters, except the low IQ sheep within the left wing socialist party, of which you're included.

When the deaths get anywhere near the 18,000 in the USA from H1N1, TEXT US.

Until then, you've got squat.

[Screw_Michigan]

Another miscalculation on your part.
This can't hurt trump with any group of voters, except the low IQ sheep within the left wing socialist party, of which you're included.

When the deaths get anywhere near the 18,000 in the USA from H1N1, TEXT US.

Until then, you've got squat.

Lol, Trump's base of elderly, scared, uneducated, poor racists will be the ones directly affected by coronavirus.