Talking stocks, trading, and investing in general

[MSchapiro]

Still I agree with your feeling.
Again that would be only for external debt, right? They could reduce their internal debt such as pensions by paying out in drachmas which could be devalued.

Yes that is true, internal obligations would then be in Drachmas. Greece would have to important from the EU though so pensioners would probably need more.

 

[GreenFrog]

Bought some more AAPL at 94.

 

[djblisk]

Jeezus. This Market.

 

[MSchapiro]

Selling off my half my XIV position.

Not bad for a day.

Averaged in around $22 and selling for $24.45.

 

[horndog]

Equities up across the board... but so is Gold, Silver, and Treasury bonds. Aren't these usually inverse?

 

[pfurey]



Bought some more AAPL at 94.

I'm still salty over my APPL purchase last year.

 

[GreenFrog]



I'm still salty over my APPL purchase last year.

Join the club. I've made good money on AAPL over the years but I bought some at 129 last July. I've been averaging down ever since.

Current cost basis is around $116

 

[djblisk]

Maybe yesterday wasn't a head fake?

 

[brokencycle]



That's a quaint theory, but a country like Spain has a corrupt system and a lazy work culture (how many times have you heard of a hard working Spaniard?), I have trouble seeing how it can happen. They'd have to give up their midnight dinners on Tuesday, 6 weeks of paid vacations, and their political system full of graft would basically have to be dismantled. Good luck.

And Greece is even worse.

Again, I agree. I'm just saying it is possible.

 

[ThinkDerm]



Ready for a chuckle?

Lichtenstein, Palau, Brunei, Virgin Islands, and Macau

I suppose the lesson is to have a small territory which you can govern carefully. Reality is, all these 5 are fairly prosperous.

which VIs are debt free?

 

[idfnl]



which VIs are debt free?

British

 

[Master-Classter]

So with the REIT game it's usually about holding it and collecting a dividend but I've actually found them often better to trade with... for example. CLDT is a tiny little healthcare reit with a decent enough yield, but I find it regularly bounces between 21 and 22, only a 5% spread but it seems to happen like once a week so I keep adding and selling more and more every time it does that little move which seems to happen regularly.

NYRT was recently down heavy and I bought into it, at 9 and again it seems to go between 9-9.5 fairly often. I set orders to buy more at 8.5 and sell at 10.5 but I'm thinking I'm better off buying and selling the whole position every time it bounces up and down that 5% range.

BKD seems to have come down a LOT and none of y'all commented on my question above so I don't know what's up with it. I finally decided to buy into it today at 15 more or less. Wish I'd caught it a few days ago when my alert went off at 14.5. I don't believe there's a dividend but it seems to have a huge range on share price so I plan to flip it. I was doing the same thing with HHC which seemed to move between 100-110 fairly regularly. At one point it went as low as about 85-90, I think this was back in February which was epic-ly low. I think i sold it all around 110-115 and have been waiting to buy back in around 100-105 but hasn't seem to have hit that point even considering the past few days of action.

 

[jbarwick]

I don't follow BKD actively but know a little about them. They bought a company in 2014 and it seems like there were some integration issues with that process. An activist investor took a stake in early 2015 and earned some board seats shortly there after. BKDs stock has had a downward trajectory since the middle of last year and selling seems to be exaggerated given they haven't totally missed estimates every quarter like some other companies. It looks like they are sitting around 15 now and 20 could be likely. If you want to put a level around where the activist bought in, that could be potential gains so above 30.

I would note their earnings release date as we are getting into that season again just in case you have some gains you want to lock in and not ride through an announcement.

 

[Master-Classter]

^ Thanks. I got in with a very small position just to sort of get in there. If it drops I'll buy more, if it goes up enough I'm out. If it had a nice 7-12% dividend I'd wait around but without it it's got to be as quick a flip as possible.

 

[jbarwick]

So we are close to where we finished the day last Wednesday. It is like the market just brushed off Brexit Friday and Monday and carried on. This all while everyone says the world is slowing down. Weird and scary market.