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Re: I bought in on the Motley Fools site.. Are any of you yahoo's using it?

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uncle_vito

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Nov 25, 2019, 6:51:34 PM11/25/19
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On Monday, November 25, 2019 at 12:04:44 PM UTC-8, -=DirtBag wrote:
> On Monday, November 25, 2019 at 11:16:45 AM UTC-8, -=DirtBag wrote:
> > It has a conviction list. I am new today to this site but trying to see if their picks are any better than mine. They have a wider range of picks... and Conviction Lists. If anyone wants me to look one over I assume I can post the info or email it to you LONG as you don't piss off my Mail Server with crap... This is on the honor system. Capiche!
>
> SPCE: It is a long term conviction stock. 2-3 years hold will give you great returns. At 100k per ride into space and back and a LONG list of people wanting to go up in Richard Branson's Virgin Brand space shots.
>
> Richard Branson has a new spaceport in NM which is pretty much finished. $100k a for a ride adds up to big numbers.

All it takes is one BALOOY and he will no longer have any takers.

Scream

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Nov 25, 2019, 7:08:44 PM11/25/19
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On Monday, November 25, 2019 at 11:16:45 AM UTC-8, -=DirtBag wrote:
> It has a conviction list. I am new today to this site but trying to see if their picks are any better than mine. They have a wider range of picks... and Conviction Lists. If anyone wants me to look one over I assume I can post the info or email it to you LONG as you don't piss off my Mail Server with crap... This is on the honor system. Capiche!

I guess, as name suggest , it's for the fools to buy in?

uncle_vito

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Nov 26, 2019, 7:38:14 AM11/26/19
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On Monday, November 25, 2019 at 12:04:44 PM UTC-8, -=DirtBag wrote:
> On Monday, November 25, 2019 at 11:16:45 AM UTC-8, -=DirtBag wrote:
> > It has a conviction list. I am new today to this site but trying to see if their picks are any better than mine. They have a wider range of picks... and Conviction Lists. If anyone wants me to look one over I assume I can post the info or email it to you LONG as you don't piss off my Mail Server with crap... This is on the honor system. Capiche!
>
> SPCE: It is a long term conviction stock. 2-3 years hold will give you great returns. At 100k per ride into space and back and a LONG list of people wanting to go up in Richard Branson's Virgin Brand space shots.
>
> Richard Branson has a new spaceport in NM which is pretty much finished. $100k a for a ride adds up to big numbers.

I think my brother did MF. Seeking Alpha is another.
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Scream

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Nov 26, 2019, 4:58:32 PM11/26/19
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On Tuesday, November 26, 2019 at 7:27:09 AM UTC-8, -=DirtBag wrote:
> IDK: But I have made money on every trade they have suggested thus far. It is working for me. I am sure there will be some losses but all in all, I am happy as a duck in water. Today it was ZS. A company I knew nothing about until this morning at about 4:30 -5:00am. I bought and had my son manage the sell. This is often how we trade. I usually buy something NEW in the pre-market, and then have my son shepherd it to a sale at market open. Or a little before the open.

So you just invest only under the M Fool's advice and make money!
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Scream

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Nov 26, 2019, 7:57:59 PM11/26/19
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On Tuesday, November 26, 2019 at 4:00:55 PM UTC-8, -=DirtBag wrote:
> Are you smoking rope or something? I bought a subscription to the Fools site. Don't knock it unless you have tried it. SO far it has been helpful. I was getting stale and needed some new input.

I'm just asking and you're up to the wall?
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Scream

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Nov 26, 2019, 11:11:00 PM11/26/19
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On Tuesday, November 26, 2019 at 7:10:36 PM UTC-8, -=DirtBag wrote:
> Sorry Scream. Yes, I usually don't buy the rag sheets on stock picks. But Yesterday I did buy the Motley Fools subscription. It gave me additional insight and some new companies to think about. I found it to be interesting enough and it gave me some new companies to trade. We are always looking for the long-distance runner. I like it so far. Time will tell. I was needing a wider view of stocks woth more indebth information and grading.

What ever!

uncle_vito

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Nov 27, 2019, 8:44:39 AM11/27/19
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On Tuesday, November 26, 2019 at 7:10:36 PM UTC-8, -=DirtBag wrote:
> Sorry Scream. Yes, I usually don't buy the rag sheets on stock picks. But Yesterday I did buy the Motley Fools subscription. It gave me additional insight and some new companies to think about. I found it to be interesting enough and it gave me some new companies to trade. We are always looking for the long-distance runner. I like it so far. Time will tell. I was needing a wider view of stocks woth more indebth information and grading.

I think the market will move sideways within a range. Look at the high fliers now then wait till there is a correction, then jump on. I have begun using option screeners and they tell me stocks that have unusual option activity. Those are high fliers.
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uncle_vito

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Nov 28, 2019, 1:28:07 AM11/28/19
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On Wednesday, November 27, 2019 at 8:31:18 AM UTC-8, -=DirtBag wrote:
> My Son is on a roll! He is buying positions off the FOOL's site and banging them out to fill out our short term dance card for the year. If he buys a dud he just ejects with a stop-loss and if he has a winner he sets a trailing stop and lets it run. He seems pretty good at setting the stops. We are not selling anymore Long Term this year unless some ugly-noise starts singing out.
>
> I usually just wing it and end up getting sacked by the IRS. This year WE are in control and had a plan. Letting the largest positions run into the next year and then trimming along the way. I have hardly any sizable tax deductions other than Health Care. Zero debt. But I discovered that I can to write-off my Great-Grandchildren's Pre-School costs. Which encourages me to continue to pay for them. I am shocked at what PRE-School costs are nowadays. A good Montessori Preschool can run $650-850 a month per child. Is this world GOING crazy or what?

Good for you on all accounts. I have a solar credit, major losses on the orange ranch and major losses on the packing houses. I doubt if I will pay any tax for this year or the next or next with the carryovers of deductions I cannot use. Our packing house was going to pay off all its Sunkist pension obligation (about $7M) and pay off the loan over the next few years. Our payments on the loan would be essentially the same as kicking the can down the road and just paying the minimum pension obligation each year, With that pension pay off, we would not be paying taxes for years. Not sure if that deduction would be a passthrough or just go against any packinghouse income. It would definitely carry over for several years.
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uncle_vito

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Nov 28, 2019, 2:54:02 PM11/28/19
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On Wednesday, November 27, 2019 at 8:31:18 AM UTC-8, -=DirtBag wrote:
> My Son is on a roll! He is buying positions off the FOOL's site and banging them out to fill out our short term dance card for the year. If he buys a dud he just ejects with a stop-loss and if he has a winner he sets a trailing stop and lets it run. He seems pretty good at setting the stops. We are not selling anymore Long Term this year unless some ugly-noise starts singing out.
>
> I usually just wing it and end up getting sacked by the IRS. This year WE are in control and had a plan. Letting the largest positions run into the next year and then trimming along the way. I have hardly any sizable tax deductions other than Health Care. Zero debt. But I discovered that I can to write-off my Great-Grandchildren's Pre-School costs. Which encourages me to continue to pay for them. I am shocked at what PRE-School costs are nowadays. A good Montessori Preschool can run $650-850 a month per child. Is this world GOING crazy or what?

Be careful. Market has priced in a trade agreement this year. Is not going to happen. New Tariffs to take effect on Dec 15 will likely be postponed, but that may not be enough. China will retaliate for bill signed by Trump supporting HK protestors.
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