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  #1441  
Old 09-12-2018, 02:22 PM
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Klaymen Klaymen is offline
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Small bet on AMD (350 @ $30.63) - I just bought a Ryzen 1700 for a computer build.

Also moved to 10% cash overall.
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Last edited by Klaymen; 09-12-2018 at 04:27 PM..
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  #1442  
Old 09-13-2018, 09:38 AM
nonlnear nonlnear is offline
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Originally Posted by Klaymen View Post
Small bet on AMD (350 @ $30.63) - I just bought a Ryzen 1700 for a computer build.

Also moved to 10% cash overall.
Enjoy the ride!
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  #1443  
Old 09-13-2018, 12:46 PM
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I wanted to get in at $25 but all my money was invested until I sold off SQ.
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  #1444  
Old 09-13-2018, 01:00 PM
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Closing out my AAPL position and going back into indexes.

20% gain pre-tax in a bit over a month. It's kinda irrational because I think AAPL will continue to outperform. But gotta lock in those gainzz bruh!
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Armchair internet economists are the worst.
President Trump is a white supremacist.

Spoiler:
We've been over this many times, but since some people like to pretend we haven't, I'm using my sig as a place to list the fairly obvious examples of treating whites as superior to others.

Now, when lazy and disingenuous people try to claim ignorance, I'm 100% entitled to dismissing them as lazy or disingenuous. Hope it helps!

The short list
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  #1445  
Old 09-13-2018, 03:10 PM
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I have my retirement funds invested in about ten different index funds. However most of them have plenty of AAPL, so it turns out that one stock is 5.12% of my holdings. I'm sure I have a ton of Amazon and Microsoft also.
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  #1446  
Old 09-13-2018, 04:12 PM
axjoke axjoke is offline
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Quote:
Originally Posted by Klaymen View Post
Small bet on AMD (350 @ $30.63) - I just bought a Ryzen 1700 for a computer build.

Also moved to 10% cash overall.
Interesting how with the Intel issues transitions to the next size (12nm?) for what seems like a while now that AMD is again taking server share. Feels like a redux of 2004? when it was the clawhammer stuff vs the aged and inefficient Pentium 4 architecture. Wish I had remotely still followed the chip business as much of this seems to have been well documented in advance. This time around AMD doesn't have a couple of really capital intensive foundry's that they can't afford. Amazed too that intel still doesn't have a remotely competative/decent GPU business.

NVDA seems to be a bit at risk as well with falling GPU prices, less than stellar reviews of the new lineup, lagging Crypto usage and sky high valuation.

MU seems like another one where the pricing might have finally changed. I'm always amazed how much the product cycle drives these things so far up and so far down.
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  #1447  
Old 09-13-2018, 04:31 PM
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Small bet on AMD (350 @ $30.63)
Because I need end-of-year capital losses to offset my gains on SQ.
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  #1448  
Old 09-14-2018, 11:36 AM
nonlnear nonlnear is offline
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Because I need end-of-year capital losses to offset my gains on SQ.
Yeah, looks like the elevator ride might be over. Not sure if yesterday means the run is over, but the amazingly steep initial ramp section probably is. Maybe it stutter sup another buck or two, maybe it settles down. You should be able to find an exit point to day for your latest trade to be up a couple percentage points. Still not bad for two days.

Was 30.63 your average price for both transactions, or your last purchase price? (I saw a smaller buy at a lower price prior to your edit.)

Then again, it might kick back into high gear for another bit. Who knows? Bulls be crazy. I have trouble imagining this run gets much over $35, but I don't actually know anything.

ETA: Looks like it's still got a little fight left in it. Back up to $32. indeed!
ETA2: Pushing $33 now...

Last edited by nonlnear; 09-14-2018 at 03:07 PM..
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  #1449  
Old 09-14-2018, 10:35 PM
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Was 30.63 your average price for both transactions, or your last purchase price? (I saw a smaller buy at a lower price prior to your edit.)
$150 @ $28.58
$200 @ $32.17

+6.8% so far.
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  #1450  
Old 09-15-2018, 06:45 AM
jas66Kent jas66Kent is offline
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Originally Posted by redprinceton View Post
Closing out my AAPL position and going back into indexes.

20% gain pre-tax in a bit over a month. It's kinda irrational because I think AAPL will continue to outperform. But gotta lock in those gainzz bruh!
I'm not sure going into index funds now is the best idea.

While I appreciate that the stock market is pushing upwards, the risks are also increasing. My general feeling is that US Equties are over-valued, and with the discount rate going up, you are going to see companies that borrowed at super low IRs run into cash flow problems. This then combines with very high consumer debt levels, to create some pretty serious risks for the US economy.

I am in cash/bonds with some long-term individual equities that I think will survive the coming recession.
I am focusing now on buying up as much as possible when the crash inevitably happens.
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