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Thread: Which stonks are you buying if any?

  1. #1
    Super MURCer UtwigMU's Avatar
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    Default Which stonks are you buying if any?

    I know Doc is probably munching TSLA which is OK. He is probably sorted out and can afford a volatile stock in his portfolio.

    I'm not there yet. Was unable to buy anything March - August. Got some Microsoft this month (long term strategy). Rest is conservative dividend stocks.

    *stonks
    Last edited by UtwigMU; 9th September 2020 at 08:33.

  2. #2
    Moderator Dr Mordrid's Avatar
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    Nikola before the $2 billion GM deal to produce their Badger EV pickup. Timing is everything
    Dr. Mordrid
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    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps

  3. #3
    Super MURCer UtwigMU's Avatar
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    Did you cash out or are you long?

    https://www.zerohedge.com/markets/ni...es-it-theranos

  4. #4
    Moderator Dr Mordrid's Avatar
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    50/50.

    GM will be building the Badger vehicles - some using GMs Ultium million mile battery tech, which sounds different than Tesla's.
    Last edited by Dr Mordrid; 10th September 2020 at 14:10.
    Dr. Mordrid
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    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps

  5. #5
    Crabby Smurf Umfriend's Avatar
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    Mostly equity funds slowly over time worldwide. Had a bit of bad luck as I became more active just prior to Corona so had some losses on individual stocks. Only Dutch companies. Still, all small potatos.
    Join MURCs Distributed Computing effort for Rosetta@Home and help fight Alzheimers, Cancer, Mad Cow disease and rising oil prices.
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  6. #6
    Super MURCer UtwigMU's Avatar
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    I'm down 7% overall in stocks. Mostly because of IBM but I believe IBM will do better long term since RedHat acquisition and Jim Whitehurst getting a role there.

    While dividends are 5% with taxes and fees they are not so hot.

    I switched my funds to America (FAANGs, BRK... US tech and bluechip) in December and it was correct decision. Reasoning was even if there will be downturn in 2020, America printers go brrrrrrrr and with Trump in power + plunge protection team recovery there will be good.
    Last edited by UtwigMU; 11th September 2020 at 02:28.

  7. #7
    Crabby Smurf Umfriend's Avatar
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    I'm about -4% but only because I have been cashing in on optionpremia. On the other hand, without those I would not have the equity portfolio I currently have.
    Join MURCs Distributed Computing effort for Rosetta@Home and help fight Alzheimers, Cancer, Mad Cow disease and rising oil prices.
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  8. #8
    Moderator Dr Mordrid's Avatar
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    Tesla will purchase low-carbon nickle for batteries from Canada's Giga Metals.

    Tesla Shanghai will expand, feeding Asia (Singapore, Australia, NZ, etc.) and some of Europe. Late 2020 or 2021. This fits with Shanghai's design center working on new, smaller model and an acceleration of Phase 2.

    They're also purchasing a second piece of land near the Tesla Berlin site. More expansion.

    Giga Austin is well underway, and they're talking about another factory in the Eastern US.
    Dr. Mordrid
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    An elephant is a mouse built to government specifications.

    I carry a gun because I can't throw a rock 1,250 fps

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