Author Topic: Shoot, I Just Stock Picked!  (Read 34263 times)

talltexan

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Re: Shoot, I Just Stock Picked!
« Reply #150 on: February 04, 2019, 01:44:42 PM »
I couldn't help but notice that Leows (ticker: $L) is trading at 80% of its book value. It appears to be a conglomerate.

I bid on some call options, but I was too low and the order didn't fill.

Pizzabrewer

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Re: Shoot, I Just Stock Picked!
« Reply #151 on: February 27, 2019, 09:37:14 PM »
$100 soon. I hope.

bwall

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Re: Shoot, I Just Stock Picked!
« Reply #152 on: February 28, 2019, 09:03:11 AM »

If you're in to bio pharma cancer research stocks, I'd recommend LOXO, new listing, two products now in Phase II studies and smaller market cap than EXAS. They already have one marketing/sales agreement with Bayer. Ripe for a takeover, or better.

As always, do your homework.

Hey that was a good call!  I hope you followed your own advice and had shares when the buyout was announced.

Congrats!

Just now saw the post. Thanks for the well wishes. I kept all my shares. Didn't do as well as I liked, but over 100% return in a year is hard to complain about. I beat the S&P again in 2018. More dumb luck than stock picking or trading skill.

I'm surprised that EXAS is doing as well as it is. Last summer you said it was a great stock and I didn't see it even when you served it up to me on a silver platter.

Pizzabrewer

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Re: Shoot, I Just Stock Picked!
« Reply #153 on: May 02, 2019, 01:40:33 PM »
EXAS looks pretty good all dressed up in a $100 bill.

talltexan

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Re: Shoot, I Just Stock Picked!
« Reply #154 on: May 03, 2019, 09:21:27 AM »
I just activated the "brokerage link" within my 401(k).

Took all the money in my employer's stock, and put it into $SLYV and $DLS.

Small-cap value, set it and forget it!

Pizzabrewer

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Re: Shoot, I Just Stock Picked!
« Reply #155 on: June 10, 2019, 09:50:47 AM »
EXAS keeping on doing what it does.

I’m sure y’all have seen the ads for Cologuard on TV. they’re still in the early stages but on their way to dominating the CRC screening market. And their pipeline of other cancer tests is looking strong.

Mr Mark

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Re: Shoot, I Just Stock Picked!
« Reply #156 on: July 06, 2019, 11:45:31 AM »
As I said before you don't get this kind of excitement with index funds.

great call on that pizzabrewer! We can't say we weren't tipped on EXAS!!

A Fella from Stella

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Re: Shoot, I Just Stock Picked!
« Reply #157 on: July 16, 2019, 12:53:14 PM »
A story: I'm 21 and have an Ameritrade account. I start making big "investments" with half my pay based on what I later learned were press releases, not real news.

Pizzabrewer

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Re: Shoot, I Just Stock Picked!
« Reply #158 on: July 31, 2019, 10:50:35 AM »
Well this is the place to brag, right?  EXAS again.  On Monday it was announced that they had agreed to buy Genomic Health for $2.8 billion.  For some reason it is customary for Wall Street to punish the stock of an acquiring company and EXAS dropped from ~$120 down to about $103 Monday morning.  As it dropped I bought some weekly call options, $120 strike at 20 cents (20 contracts) and $118 strike at 15 cents (28 contracts).  Total investment (bet) was $870.

As I expected/hoped, the price rebounded nicely and is back around $120.  I've sold 20 of the $118 contracts for over $6000.  The remaining 28 contracts are worth about $8k right now.  Maybe I should sell but I'm hoping for a $30-40k windfall.  That'll happen if the stock tops $125 in the next day or 2.  Not entirely out of the question.

Greedy?  Perhaps. 

Mr Mark

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Re: Shoot, I Just Stock Picked!
« Reply #159 on: August 01, 2019, 10:43:24 AM »
Well this is the place to brag, right?  EXAS again.  On Monday it was announced that they had agreed to buy Genomic Health for $2.8 billion.  For some reason it is customary for Wall Street to punish the stock of an acquiring company and EXAS dropped from ~$120 down to about $103 Monday morning.  As it dropped I bought some weekly call options, $120 strike at 20 cents (20 contracts) and $118 strike at 15 cents (28 contracts).  Total investment (bet) was $870.

As I expected/hoped, the price rebounded nicely and is back around $120.  I've sold 20 of the $118 contracts for over $6000.  The remaining 28 contracts are worth about $8k right now.  Maybe I should sell but I'm hoping for a $30-40k windfall.  That'll happen if the stock tops $125 in the next day or 2.  Not entirely out of the question.

Greedy?  Perhaps.

nice one PB!!

Maybe buy some insurance on that pony you're riding when it goes to 130 and buy some cheap puts?

Pizzabrewer

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Re: Shoot, I Just Stock Picked!
« Reply #160 on: August 01, 2019, 09:23:25 PM »
I should have sold the rest...