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ChefJoe said:   bbmak said:   Is intc a buy yet?
I'm thinking so. Although I'm thinking as something to hold for months to years, not option.

I've held shares as a long-term investment for years and sold half at 27ish back in May. A slow retreat to 19 and change (a 52 week low) caused by the outlook on PC industry, CEO announcing retirement, and a recent analyst downgrade have taken their toll, but they're still an industry leader, have a nice dividend/blue chip base, and aren't exactly hurting with a P/E of 8.5 .

Then again, what does a small-dollar investor like me know since I've had Sharebuilder doing some auto investments along the retreat from 27 - 23, 22, 21, and here we are at 19.35 .


If you think the shares are a buy here just sell some cash covered ATM puts a few months out and pick up the premium. If stock drops further then you end up being assigned the shares and your cost basis is lower, since already got the premium, if goes up keep the premium, win-win. On the other hand, maybe there is some reason why Buffett dumped his entire stake few months back.

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WallStreetPirate said:   ChefJoe said:   bbmak said:   Is intc a buy yet?
I'm thinking so. Although I'm thinking as something to hold for months to years, not option.

I've held shares as a long-term investment for years and sold half at 27ish back in May. A slow retreat to 19 and change (a 52 week low) caused by the outlook on PC industry, CEO announcing retirement, and a recent analyst downgrade have taken their toll, but they're still an industry leader, have a nice dividend/blue chip base, and aren't exactly hurting with a P/E of 8.5 .

Then again, what does a small-dollar investor like me know since I've had Sharebuilder doing some auto investments along the retreat from 27 - 23, 22, 21, and here we are at 19.35 .


If you think the shares are a buy here just sell some cash covered ATM puts a few months out and pick up the premium. If stock drops further then you end up being assigned the shares and your cost basis is lower, since already got the premium, if goes up keep the premium, win-win. On the other hand, maybe there is some reason why Buffett dumped his entire stake few months back.


I probably need a copy of "Stock Options for Dummies" and some more balls before I start trading options/contracts. The Intel was something I started picking up in the 90s when I was a minor investing in a DRIP plan. Now, I'm a guy in grad school who had some "spare" money (under 5 figures) earning less than 1% interest who figured he'd play with the volatile market after the recession/crash.

What you guys do with options is certainly tempting, but the sock-drawer money I've put into this is small enough that half my battle is avoiding fees and just learning. Most of my buys aren't $2,000+ (100 share INTC) transactions.

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WallStreetPirate said:   ChefJoe said:   bbmak said:   Is intc a buy yet?
I'm thinking so. Although I'm thinking as something to hold for months to years, not option.

I've held shares as a long-term investment for years and sold half at 27ish back in May. A slow retreat to 19 and change (a 52 week low) caused by the outlook on PC industry, CEO announcing retirement, and a recent analyst downgrade have taken their toll, but they're still an industry leader, have a nice dividend/blue chip base, and aren't exactly hurting with a P/E of 8.5 .

Then again, what does a small-dollar investor like me know since I've had Sharebuilder doing some auto investments along the retreat from 27 - 23, 22, 21, and here we are at 19.35 .


If you think the shares are a buy here just sell some cash covered ATM puts a few months out and pick up the premium. If stock drops further then you end up being assigned the shares and your cost basis is lower, since already got the premium, if goes up keep the premium, win-win. On the other hand, maybe there is some reason why Buffett dumped his entire stake few months back.


i write some $21 @ dec 12 puts. Plan to hold long term to receive dividend and covered call premium.
The valuation & dividend are too attractive now. And plenty of cash in balance sheet.
I know that armh & qcom are leading the mobile platform, and intel is a late comer to the mobile market, however, intel just cracks open the mobile platform shares in September, and more new mobile chips out in 2013. In addition, my personally opinion is that Intel usually make higher quality chips than its competitors.

What are your valuation for intc? Right now it is hitting 8x PE. Where do you see the bottom? Is the CEO early exit a warning flag for profit warning for the 4th QTR? a lot of chatter for CEO exit is a warning flag for warning profit in the 4th QTR.

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ChefJoe said:   I probably need a copy of "Stock Options for Dummies" and some more balls before I start trading options/contracts. The Intel was something I started picking up in the 90s when I was a minor investing in a DRIP plan. Now, I'm a guy in grad school who had some "spare" money (under 5 figures) earning less than 1% interest who figured he'd play with the volatile market after the recession/crash.

What you guys do with options is certainly tempting, but the sock-drawer money I've put into this is small enough that half my battle is avoiding fees and just learning. Most of my buys aren't $2,000+ (100 share INTC) transactions.



You're the type of person that I post for. Please be very careful before you follow any of these guys and what they do. Most of the trading described on this board is absolutely reckless.

The bottom line is that if you only have a small sum of money to invest, it really isn't worth your while. That's money you'll probably need at some point in the future. There's really no reason to do anything crazy. You need 25k or so to even play. People will probably disagree (a few of them seem to want to disagree with everything I say), but if you have less than that it's like walking up to the NL table at the casino and dropping less than the max buy-in. At 25k, you can start making moves where you can put down 5k bets and be able to take 3 or 4 shots at it.

I think I posted elsewhere that I've returned on average around 24% the last few years, about 2% a month. But I do that with lots of high dollar small plays. What I mean is I'll put a 5-10k position on (say, selling puts) and either collect my premium (usually around 5-7%) or have the shares put to me and then turn around and write calls on them for 5-7% there. Since I'm just dealing with front months, unless the bottom falls out (which is always possible) the trades are almost sure things if you have a little patience (since you're always picking up that options premium).

The problem with the really small dollar accounts is that you can't do this. If you have 10,000 for example, the most you can put into any of these plays is 2,500. 5-7% on 2,500 is just over $100. At that price, you're losing 10% or so at least just to the commission. It's just not worth it.

You other alternative is to do some research and try to find some small caps to play with. Then, buy in increments (again, 2,500 works fine) and then just set it so that if it drops down below a certain amount, you buy another 2,500 more. Then just be patient. You'll look at it every day, but try not to. It's amazing the terrible decisions that get made when people watch their holdings every day. What happens is that they cut the winners much too soon and the keep throwing money into the losers.

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Otellini seems to have been a good CEO for Intel, but I've never heard of Intel lacking talent in the ranks so I don't consider INTC CEO dependent as much as the analysts seem to be wondering. Unless they do something silly/shocking (like yahoo or HP) with their CEO hire and switch to a completely different market I'm still thinking they'll bounce around the same valuation they've had for the past 10 years, between 18 and 25-30. It's the cyclical tech stock cycle and they're the king of performance for devices that are larger than a cell phone. They're late to the game on that... probably because they seem to want to produce CPUs they can sell for $200 and use the older tech/slightly defective ones as the cheaper CPUs for computers.

I'm not sure Intel's right for the mobile phone market just yet, but those are under $30 chips and Intel's working on chips that are higher dollar value. As so many of the other chip companies rely heavily on (outsourced) foundries for their improvements I see some real benefits to Intel being a leader in the foundry process. AMD and delays/issues with GPUs are certainly a testament to that. Intel just has to find a mobile phone CPU architecture that catches someones attention and they'd have the manufacturing resources available to deliver the product and improve rapidly.

EDIT:
Kant, I read though this thread to try to pick up some shorter term investments, but still am not ready to make the big plays of options. It's not within my comfort level to initiate those plays in 20% increments. A lot of my gains earlier this year have been taken back in October/November, but I'm still up a bit so that's success relative to my bank's interest rate. Just wish I'd taken more money out of the market a few months ago or switched it over to my "weather the storm" fund EDF. 20/20 hindsight.

EDIT 2 - to avoid bumping this again with non-stock talk
What I've been doing is using free auto investment credits with sharebuilder for most acquisitions and adjusting that depending on how much money or what stock I want to acquire. I try to concentrate that into only a half dozen holdings at any one time and just let it sit and monitor via morningstar's free tracker. I'm generally making only one or two buys a month and selling even less frequently. A tortise pace compared to what is often done here. I'm young and don't need this money to be as secure as bonds but I'm not ready to make $2k+ plays all at once and feel like I need to monitor something daily.

My goal is to get comfortable with markets, gains and losses (not immediately double down), learn, and not lose my shorts on rookie mistake bets and too many transaction fees. Semi-diverse investments with some stocks I consider long term holds and a few that I just consider battered down by the press but likely to recover a bit (I picked up FTR and CHK back in the spring and have already sold CHK for a decent 20% gain). Some of those shorter term plays are what you guys make puts/calls on but I just do it the old fashioned way of buy/sell. I'm fully aware that those are things I could take options on (low dollar value stocks) and are where my temptation comes from, not so much Intel contracts.

Kant, up is up. When I make $100 or $200 on a small position of stock I try not to cry about the $10 I lose in fees. My trading frequency is low. I'm not trying to make a living off this, just beat my bank interest rate and learn. As the market is volatile enough over the past few years I'm finding I can buy during low dips and just wait until things return to historical average or slightly above. Slowly gaining, not trying to hover over the computer/stock ticker every day to time things intraday.

And when you're a young grad student sometimes it feels nice to shift gears and study a company rather than research papers.

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There's always money in the banana stand.

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ChefJoe said:   
Kant, I read though this thread to try to pick up some shorter term investments, but still am not ready to make the big plays of options. It's not within my comfort level to initiate those plays in 20% increments. A lot of my gains earlier this year have been taken back in October/November, but I'm still up a bit so that's success relative to my bank's interest rate. Just wish I'd taken more money out of the market a few months ago or switched it over to my "weather the storm" fund EDF. 20/20 hindsight.


My point is that if your bankroll is < 25k, it doesn't really make sense to be playing the market like a casino. You'd probably be better off actually going to a casino and playing poker. You'd be stupid to put your entire bankroll into one position. So even putting 20% of your holdings into one position (which is large), would require you to buy in all at once (always a bad strategy), unless you want to leg in with $500 buys. But if you're legging in with $500 buys, a 10% short-term move in your stock (which is outstanding) only nets you $50, which is %0.5 of your total bankroll. Then, you'll lose at least $10 (or 20%) of that to the round trip commissions.

Bank interest rates suck right right, but that's the function of the government wanting to encourage people with money to be reckless with that money. If you're worried about inflation, put your money into inflation-protected bonds. Then, focus on whatever you need to do to be successful in your graduate program.

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WallStreetPirate said:   markol0 said:   FB and RIMM is killing me. WTF?!

NTSB just dropped RIMM as provider, the Pentagon is probably next, RIMM could be SOL soon...[/L]


but not before stock hits $15 and Marko10 gives up....

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kantscholar said:   ChefJoe said:   
Kant, I read though this thread to try to pick up some shorter term investments, but still am not ready to make the big plays of options. It's not within my comfort level to initiate those plays in 20% increments. A lot of my gains earlier this year have been taken back in October/November, but I'm still up a bit so that's success relative to my bank's interest rate. Just wish I'd taken more money out of the market a few months ago or switched it over to my "weather the storm" fund EDF. 20/20 hindsight.


My point is that if your bankroll is < 25k, it doesn't really make sense to be playing the market like a casino. You'd probably be better off actually going to a casino and playing poker. You'd be stupid to put your entire bankroll into one position. So even putting 20% of your holdings into one position (which is large), would require you to buy in all at once (always a bad strategy), unless you want to leg in with $500 buys. But if you're legging in with $500 buys, a 10% short-term move in your stock (which is outstanding) only nets you $50, which is %0.5 of your total bankroll. Then, you'll lose at least $10 (or 20%) of that to the round trip commissions.

Bank interest rates suck right right, but that's the function of the government wanting to encourage people with money to be reckless with that money. If you're worried about inflation, put your money into inflation-protected bonds. Then, focus on whatever you need to do to be successful in your graduate program.


I have cash in the same boat. Not necessarily free to gamble with because it's savings money, but it's too much money to just sit in my savings account and gain nothing. I keep almost all of it in VIPSX.

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hakujin said:   markol0 said:   Sold March $16 calls for half my position on AMRN. A little downside protection, and still have some upside if this damn BO ever comes in. i wanted to wait and do it today, but couldn't enlarge my pos w/o doing it yesterday. i wrote covered calls for all of it, but will continue to pick up cheap near term expiration options on the cheap OTM.

still, a bird in the hand is worth 2 in the bush. I'm just happy to see it up today, and my sarepta; oh how good it's been to me.


SRPT, climbing like a Banchee.....

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+ SLD 20 RIMM JAN 18 '13 16 Call Option .300 USD CBOE

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Cannot believe RIMM has almost doubled since lows of late Sept. WTF?

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NOK, GRPN, RIMM on fire LOLLLL

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usernamemax20charact said:   Cannot believe RIMM has almost doubled since lows of late Sept. WTF?

Why not?? Their blockbuster products are flying off the shelves and they are going to declare billions in profits

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Dude, where's that BIDU guy who put 100 large into GRPN?? Bet you he's swimming in his bank full of coins like Scrooge MacDuck by now.

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TheDragonn said:   Dude, where's that BIDU guy who put 100 large into GRPN?? Bet you he's swimming in his bank full of coins like Scrooge MacDuck by now.

I think he sold it already and onto different ticker

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ynotme said:   I think he sold it already and onto different ticker

UTSI @ ~90c pps.

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TheDragonn said:   Dude, where's that BIDU guy who put 100 large into GRPN?? Bet you he's swimming in his bank full of coins like Scrooge MacDuck by now.

http://www.fatwallet.com/forums/finance/962217/m17310370/#m17310...
Must have done well, 36,400 shares at $2.75 stated Nov 9th and now sitting at $3.95 . And here I thought GRPN was a giant scam on retailers.

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Ah found it - looks like he sold out at $3.10 and pocketed the $13k or so. Nice play either way!!

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DMND is soaring today! Up over 1%.

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I am still holding a bag of short FB. Down 22% so far. Luckily not a terribly large bet. With the latest jump, considering getting out. Wrong bet there, genius.

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FB up $1.88 (7.84%) to $25.88. Crazy.


AAPL up too. Up $7.17 (1.25%) to $578.67

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on what news?

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FB got upgraded by some douche who says they are beating revenue estimates for the quarter.

I am out of the position. AAPL is up on.... fruit meth. Yeah that must be it. SeekingAlpha had a slew of positive articles as of late. That's the only thing I can point to.

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playlaugh said:   on what news?

Record Black Friday sales!!!! The brainwashing worked, the 99% handed over their money(most likely future expected cash flows) willingly to the 1% for chinese made junk over past few days while adding to their slavery debt pile. Wall Street is baaaaack!!!! Gotta give it to the 1%, a clever bunch!!!

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markol0 said:   FB got upgraded by some douche who says they are beating revenue estimates for the quarter.

I am out of the position. AAPL is up on.... fruit meth. Yeah that must be it. SeekingAlpha had a slew of positive articles as of late. That's the only thing I can point to.


By what accounting magic is FB beating revs estimates?

AAPL is afraid of Samsung, more lawsuits coming!!!

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Go AAPL go!

up $17.06 (2.99%) to $588.56

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jucus said:   WallStreetPirate said:   jugaaad said:   $505.xx

~ $490 will be short term floor


Darn it. I'm out. Bled $50K in last 2 months. Can't take it more.


AAPL reversed as soon as I sold 200 shares. Now it won't stop till it hits $650

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jucus said:   jucus said:   WallStreetPirate said:   jugaaad said:   $505.xx

~ $490 will be short term floor


Darn it. I'm out. Bled $50K in last 2 months. Can't take it more.


AAPL reversed as soon as I sold 200 shares. Now it won't stop till it hits $650


Thank you.

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In for some AAPL @ 587... I mean somebody's gotta make it stop

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foeplay said:   In for some AAPL @ 587... I mean somebody's gotta make it stop

I think only jucus has that kind of power.

Of course, I'm basing my opinion on recent jucus events.

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APPLE IS alive again...AMERICA

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RIMM yikes, hope whoever was short did some hedging before Thanksgiving.

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I was the short one. I did a bit of hedging. No where close. Got out of the hedge now, and am nakid. It must tank from here. Right? RIGHT?

Jucus, please long RIMM.

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foeplay said:   In for some AAPL @ 587... I mean somebody's gotta make it stop

I thought about jumping in when it was @ 540s but hesitated, this morning I thought about jumping in pre-market, again, hesitated. Maybe I should stop thinking and just do it.

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I'm pretty new to this stock thing. Last month I bought apple for $605. It dropped so I bought at $585, dropped then bought at $550, dropped then bought at $530. Now my average is $558.50 for 100 shares. I used my whole brokerage account on one stock. I know it was stupid, but I just cannot believe a company with over $150 billion in cash, no debt, and stupid gross margins and profits could have such a low P/E.

When it was down to $505 I almost gave in and sold. But didn't. Glad I stuck it through.

Anyone else here long with AAPL? If so what number will you be selling? I'm thinking I'll hold until at least earnings at the end of January. Hoping it reaches $700 again and may a nice profit. For me at least, I'm not rich like some of you guys.

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playlaugh said:   on what news?

same news that had Apple drop from 700 to 505. Basically BS.

Nothing has changed fundamentally since it hit 700. Its just the funds manipulating the price and selling before year end (70% funds fiscal year is Oct30).

It makes sense. The funds rode apple from 350 to 700 this year. Why not bash the stock in the media, let it drop, and buy at 500? Then let it ride to 750/800. 70% of the apple shares are owned by institutions. Lots of manipulation.

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rgthree said:   
Anyone else here long with AAPL?
You must be new here...

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ubermichaelthomas said:   DMND is soaring today! Up over 1%.came up 4%, nice.

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been in srpt since 22s; got in rock bottom; she's soaring. buying some rimm puts tomorrow; just not sure on dec or jan; this short cover rally will conclude sooner or later.

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