filthycanuck Posted November 27, 2020 Share Posted November 27, 2020 4 hours ago, NucksPatsFan said: This is my short/medium term portfolio ie. things I'll keep for up to a max of 6ish months. Some of these I own in my long term portfolio as well (pltr, very, ttcf, fubo), and some of these I'm undecided if I'll transfer over (in kind) to my long (clne or the spac's). No anxiety/stress. I know what I own, and study before I buy. I wouldn't consider any of these high risk, and they are all revenue generating growth companies (with the exceptions of GIK, who don't have a confirmed go-public target but it's "all but done" that it's lightning e-motors who have a deal with Amazon, and NNDM who are generating some revenue, but 2021 is where the real growth begins). The other reason I have no anxiety/stress is entries. None of these were chased, the SPAC's were bought in the 10's, PLTR and FUBO were bought near IPO prices, and the others are entries below their most recent direct offering prices. Take a look at Else Nutrition, I have a small position (like a few hundred) from a few months back and its really starting to gain legs with its recent release to the US market. Its the first (from what ive read) plant based baby formula so it could be a long term hold. Its been growing steady the last few months, but just recently started to take a steeper climb Out of your holdings, Im in on Very, Tattooed, thinking of jumping into Pfizer, seems more of a value play than Moderna. Do you think its late in the game to get a tiny position (like 50 - 60 ish) in PLTR and letting ride long term? Link to comment Share on other sites More sharing options...
Boudrias Posted November 27, 2020 Share Posted November 27, 2020 6 hours ago, sassbs said: What do you guys think of getting Into GM stock? Haven't looked closely but thought of GM when I was looking at re-entering MG. When you look at the relative valuation between GM and Tesla you have to look at GM. I was reading the other day that GM is considered one of the leading EV developers. I doubt I go this route as I only carry 10 USD stocks and I prefer tech and healthcare. My industrial is RTX. Link to comment Share on other sites More sharing options...
Guile Posted November 27, 2020 Share Posted November 27, 2020 I have a question or two for some of the folks on here who participate in short-term investing/speculation/individual stock selection and are much more active managers than myself, just out of interest and for my own learning. To be clear, I consider myself too inexperienced (been investing just 2.5 years) and underfunded to delve into strategies with higher risk, plus I first learned about investing from authors with the perspective that EMH and low-cost indexing/asset allocation is the winning strategy for most individual investors and that perspective is hard to shake (nor should it be shaken, perhaps). That said, this year has offered up some shockingly profitable short-term opportunities, as I've observed by watching the markets and reading through this thread, at times. So, essentially, I'd love to hear if the bolded strategies have worked for people consistently, producing returns that exceed "the market" by an amount that compensates for the additional effort it takes to research and select individual up-and-comers, momentum trades, and/or recent IPOs. I also am interested in knowing how large a portion of a portfolio you devote to such strategies and if you have a more conservative core of ETFs and/or blue chip companies. What are your thoughts on indexing? Thanks to the pandemic, I saw the merits of picking individual stocks with healthy balance sheets and stable/growing dividends vs buying an index and potentially being weighed down by the companies in financial distress, and have shifted my buys this year accordingly (XSU in April but then BPY-UN, GWO, SU, EMA, GRT-UN, ENB between May and October), but I still believe a portfolio of ETFs with proper asset allocation producing market returns will be a quality strategy over my 40+ year investment horizon. Finally, for anyone, thoughts on gold's recent pullback and future outlook? I see a ton of market optimism due to vaccine news currently, but I think that QE and the next stimulus package will really push gold prices in the next couple years. I have some XGD from May 2019 at an average cost of 11.40, which was pure beginner's luck, but also bought Barrick a couple months ago and am down a healthy 22%, so been thinking about averaging down there. Thanks in advance! Link to comment Share on other sites More sharing options...
Whorvat Posted November 27, 2020 Share Posted November 27, 2020 Might be time to exit when Citron shows up, if you haven't already Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 27, 2020 Share Posted November 27, 2020 18 minutes ago, Whorvat said: Might be time to exit when Citron shows up, if you haven't already How did BLNK and NIO do recently after Citron showed up for them? I'll wait When scum like this, or Hindenburg show up, it's time to buy. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 27, 2020 Share Posted November 27, 2020 7 hours ago, filthycanuck said: Take a look at Else Nutrition, I have a small position (like a few hundred) from a few months back and its really starting to gain legs with its recent release to the US market. Its the first (from what ive read) plant based baby formula so it could be a long term hold. Its been growing steady the last few months, but just recently started to take a steeper climb Out of your holdings, Im in on Very, Tattooed, thinking of jumping into Pfizer, seems more of a value play than Moderna. Do you think its late in the game to get a tiny position (like 50 - 60 ish) in PLTR and letting ride long term? I've been eyeing BABY for a while. Haven't entered as there haven't been any dips lol (good thing for you though). As for PLTR, what's long term for you? 1 year? 3 years? 5+? If it's a set and forget, there's no real bad time to get in. They're only going to grow, and they way undervalued their direct listing IPO which leaves a lot of running room both near term and long term. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 27, 2020 Share Posted November 27, 2020 1 hour ago, Guile said: I have a question or two for some of the folks on here who participate in short-term investing/speculation/individual stock selection and are much more active managers than myself, just out of interest and for my own learning. To be clear, I consider myself too inexperienced (been investing just 2.5 years) and underfunded to delve into strategies with higher risk, plus I first learned about investing from authors with the perspective that EMH and low-cost indexing/asset allocation is the winning strategy for most individual investors and that perspective is hard to shake (nor should it be shaken, perhaps). That said, this year has offered up some shockingly profitable short-term opportunities, as I've observed by watching the markets and reading through this thread, at times. So, essentially, I'd love to hear if the bolded strategies have worked for people consistently, producing returns that exceed "the market" by an amount that compensates for the additional effort it takes to research and select individual up-and-comers, momentum trades, and/or recent IPOs. I also am interested in knowing how large a portion of a portfolio you devote to such strategies and if you have a more conservative core of ETFs and/or blue chip companies. What are your thoughts on indexing? Thanks to the pandemic, I saw the merits of picking individual stocks with healthy balance sheets and stable/growing dividends vs buying an index and potentially being weighed down by the companies in financial distress, and have shifted my buys this year accordingly (XSU in April but then BPY-UN, GWO, SU, EMA, GRT-UN, ENB between May and October), but I still believe a portfolio of ETFs with proper asset allocation producing market returns will be a quality strategy over my 40+ year investment horizon. Finally, for anyone, thoughts on gold's recent pullback and future outlook? I see a ton of market optimism due to vaccine news currently, but I think that QE and the next stimulus package will really push gold prices in the next couple years. I have some XGD from May 2019 at an average cost of 11.40, which was pure beginner's luck, but also bought Barrick a couple months ago and am down a healthy 22%, so been thinking about averaging down there. Thanks in advance! Retirement long term portfolio is combination of growth ETF's, precious metals (small security blanket amount) and single picked stocks I think will be big players for decades. Short/mid term portfolio are all single picked stocks I do research on. Some "graduate" to my long term portfolio, some I just take the profit and move on. For a select few that grow rapidly in my short/mid term portfolio but also have a great future for decades to come, I'll take out my initial investment, leaving "free shares" which I'll transfer into my long term portfolio as they are now 0 risk all reward. Great thing now is you have many more ETF's to choose from that take care of all the research for you and are highly actively managed (ie. ARKK). 1 1 Link to comment Share on other sites More sharing options...
Duodenum Posted November 27, 2020 Share Posted November 27, 2020 Adding CIIC on this dip to the 23s. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 27, 2020 Share Posted November 27, 2020 (edited) I should also add @Guile that there are many ETF's now [if you don't want to select your own stocks] that will beat the market as there are more ETF's being created in certain sectors. You think genome technology and research is the future? There's an ETF for that. You think electric vehicles and autonomous driving is the future? There's an ETF for that. Weed? There's 2 ETF's for that. Think sports gambling and online casinos are gonna boom? There's an ETF for that. Long gone are the days of your bank selling you some crap mutual funds that are SO diversified they don't actually move in either direction. Edit: (more things coming to mind lol) SPAC's have shifted the power from wall street and the good ol' boys club to the mass market. Snowflake IPO'd in the mid $200's. I think Buffett and other of the big boys were able to buy up a bunch of shares at 70% reduced price. SPAC's now allow you to buy in at the same price or pretty damn close of a company going public, with a built in insurance floor (the redemption price) should the reverse merger not go through. Edited November 27, 2020 by NucksPatsFan 1 2 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 27, 2020 Share Posted November 27, 2020 How is everyone's exposure to marijuana sector heading into next week's vote? Anyone add exposure today? Personally I am in TLRY calls and OGI commons. Link to comment Share on other sites More sharing options...
Duodenum Posted November 27, 2020 Share Posted November 27, 2020 (edited) 1 hour ago, NucksPatsFan said: How is everyone's exposure to marijuana sector heading into next week's vote? Anyone add exposure today? Personally I am in TLRY calls and OGI commons. Trulieve, bought it back on the dip Nov 20. In other news, moved some profits into VGAC. Edited November 27, 2020 by Duodenum Link to comment Share on other sites More sharing options...
Down by the River Posted November 28, 2020 Share Posted November 28, 2020 3 hours ago, NucksPatsFan said: How is everyone's exposure to marijuana sector heading into next week's vote? Anyone add exposure today? Personally I am in TLRY calls and OGI commons. I'm not in on MJ stocks but I have holdings in Enwave (ENW), which is involved in the dehydration of organic materials. Link to comment Share on other sites More sharing options...
Warhippy Posted November 28, 2020 Share Posted November 28, 2020 my NNDM hit today for $7.20, bought in at just over $2 a share. Have set to buy again at $3.80 This will be a fun yo yo but will eventually break that $10 mark How do you boys say...use it like an atm? Link to comment Share on other sites More sharing options...
Duodenum Posted November 28, 2020 Share Posted November 28, 2020 1 hour ago, Warhippy said: my NNDM hit today for $7.20, bought in at just over $2 a share. Have set to buy again at $3.80 This will be a fun yo yo but will eventually break that $10 mark How do you boys say...use it like an atm? Yoyo stocks are the best. Spike sell, buy dip over and over and over. Link to comment Share on other sites More sharing options...
Russ Posted November 28, 2020 Share Posted November 28, 2020 On 11/27/2020 at 5:51 AM, Boudrias said: Haven't looked closely but thought of GM when I was looking at re-entering MG. When you look at the relative valuation between GM and Tesla you have to look at GM. I was reading the other day that GM is considered one of the leading EV developers. I doubt I go this route as I only carry 10 USD stocks and I prefer tech and healthcare. My industrial is RTX. Right now they are 4th in my opinion and research behind Tesla (obviously) and Hyundai and VW. Also Tesla valuation also includes all their other stuff (solar, battery storage, FSD, etc.) where GM is still going to be cars and only cars. And unless GM really steps it up VW with their ID4 and Hyundai in 2 years with their Ioiniq 7 is going to blow the Bolt EUV out of the water for that second grouping of EVs not to mention their electric truck is going to be well behind the CT, Rivian and Ford. I hope GM can step up but everything I have read its hard to take them serious when they just dropped a billion dollars in a fraudulent Nikola company. 1 Link to comment Share on other sites More sharing options...
Russ Posted November 28, 2020 Share Posted November 28, 2020 12 hours ago, Warhippy said: my NNDM hit today for $7.20, bought in at just over $2 a share. Have set to buy again at $3.80 This will be a fun yo yo but will eventually break that $10 mark How do you boys say...use it like an atm? I did that with IDEX the other day. Bought for like $2.70 sold next day at $3.60 or something. Cashed in a grand and re-invested in something else (especially since I don't have time to watch and try and do that daily) Link to comment Share on other sites More sharing options...
Russ Posted November 28, 2020 Share Posted November 28, 2020 (edited) 23 hours ago, NucksPatsFan said: Retirement long term portfolio is combination of growth ETF's, precious metals (small security blanket amount) and single picked stocks I think will be big players for decades. Short/mid term portfolio are all single picked stocks I do research on. Some "graduate" to my long term portfolio, some I just take the profit and move on. For a select few that grow rapidly in my short/mid term portfolio but also have a great future for decades to come, I'll take out my initial investment, leaving "free shares" which I'll transfer into my long term portfolio as they are now 0 risk all reward. Great thing now is you have many more ETF's to choose from that take care of all the research for you and are highly actively managed (ie. ARKK). Big fan of ARKK, if I ever get lazy and tired of watching stocks I will probably throw my money back in them again. For now I have more fun playing back and forth with a few stocks and seeing what I can come up with.\\ 23 hours ago, Whorvat said: Might be time to exit when Citron shows up, if you haven't already In fairness I will agree with him on SOLO, those cars look like a death trap in an accident. Edited November 28, 2020 by Russ 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted November 28, 2020 Share Posted November 28, 2020 13 hours ago, Warhippy said: my NNDM hit today for $7.20, bought in at just over $2 a share. Have set to buy again at $3.80 This will be a fun yo yo but will eventually break that $10 mark How do you boys say...use it like an atm? The recent direct offering of 500 mill was at $4/share and the next (last) offering should likely be around $6. I’d be highly surprised if it drops to 3.80 again but if it does I’ll add large to my position with you Link to comment Share on other sites More sharing options...
I.Am.Ironman Posted November 28, 2020 Share Posted November 28, 2020 1 hour ago, NucksPatsFan said: The recent direct offering of 500 mill was at $4/share and the next (last) offering should likely be around $6. I’d be highly surprised if it drops to 3.80 again but if it does I’ll add large to my position with you I missed the boat on NNDM.. was riding PLTR instead (and continue to despite citron).. too late for NNDM? Link to comment Share on other sites More sharing options...
CBH1926 Posted November 28, 2020 Share Posted November 28, 2020 On 11/27/2020 at 10:39 AM, Whorvat said: Might be time to exit when Citron shows up, if you haven't already I just bought more, happy for the discount. Link to comment Share on other sites More sharing options...
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