On Tuesday, October 29, 2019 at 11:13:11 PM UTC-4, TomS wrote:
> On Tuesday, October 29, 2019 at 5:24:13 PM UTC-7, -hh wrote:
> > TomS wrote
> > > [...]
> > > You accuse me of gambling ...
> >
> > Because you do "day trade" style gamble based on breaking news, not follow
> > the business fundamentals. For example, just how much did you make on CVX again?
> > Similarly, on ALXN, you never posted proof of your trade times to substantiate the
> > sub-10% that you claimed ... even thought that was also you chickening out short of
> > your self-expressed 10% minimum gain stated goal.
> >
> >
> > > ... when this dog is one announcement away from
> > > bankruptcy. Good luck, you will NEED IT!
> >
> > Oh, so ARNA's next report is going to be of their bankruptcy? Care to make a
> > IRL welch-proof wager on that? Because their next report is 6 November 19,
> > so you had better get your money up to Alan in time, else you'll just be showing
> > everyone that when you have no IRL ramifications, you invariably just bluster.
> >
>
>
> You're such an idiot. When I first posted a SELL rating on ARNA...
Incorrect. When you first posted on it, you you said you wouldn't buy.
That's not the same thing as a "SELL".
> ... Fidelity's Starmine rating on it was 1.9 (out of 10). It is currently 3.1.
Without opening an account at Fidelity, this claim can be verified .. how?
Substantiation required. You'll probably have to provide a screen shot & FAQ.
Because without context, readers don't know what Fidelity's proprietary scale
rating system actually means, nor what the scale is (eg. short vs long term) or
even significance of the indicated movement from 1.9 to 3.1 means.
> You have NEVER said that you even OWN ARNA, let alone how much, but it is
> pretty clear that you do.
That's still just blind guessing on your part. And given how easily you are deceived,
your opinion isn't worth much.
I've had an interest in that particular stock since a friend had found the change in FDA
policies that Obama had made. Don't you remember me mentioning the FDA regulation
change earlier, after I'd asked you about ARNA? I can dig up the post URL if needed.
I don't recall if I've mentioned that he's written a homebrew momentum analysis tool.
I happened to have had lunch with him yesterday; he's satisfied enough with his models
that he's now rewriting the whole thing from MS-Excel into C++ to get the speed up.
> If you chose to hang on to this dog as it slides, that is your business, but you DID ask my opinion.
I asked because of your self-serving blathering on ALXN, CVX, etc which I saw as risky and
haphazard behavior, so I was curious about how you do your research.
As evidenced by how you got basic facts wrong with the ARNA case study, you don't.
Sure, while you *might* now be telling the truth in claiming an analyst 'sell', you failed
to previously substantiate where that alleged rating was coming it at the time. You've
now claimed that the rating was from what's apparently a proprietary tool at Fidelity,
which is a slight step up, but it can't be independently confirmed without setting up
an account with them. Or you could probably provide a screen shot for us.
For example, here's the current one for ARNA from eTrade:
<
https://huntzinger.com/photo/2019b/20191030-ARNA.pdf>
According to their research tools:
* Avg. Price Target - 12 month price goal: $74.50 (50.75% Upside)
* Consensus:
TipRanks - Moderate Buy
SmartConsensus - Hold
Thomsen Reuters - The average consensus recommendation is 1.80 (Buy)
* Fundamental:
Credit Suisse - Outperform
* Technical:
MarketEdge - Neutral
Hmmm...care to point out there's big red flags for "SELL"? Or does it just go
to show how different services have different summaries...
> Had you followed my advice you could have realized TWENTY FOUR PERCENT, but
> you continue to make excuses why you didn't. This is JUST ONE of the signs of a LOSER!
Spoken just like the short attention span of a "Day Trader" <g>
> PS. I don't "day trade" - never did and never will. I do "momentum trade" which is a
> much different thing.
You can claim that, but its wrong: both are operating based largely on the behavior of
other traders and shorter term news cycles (hence 'momentum'), and the difference
between "a day" and a week or two may *seem* important to you, the tax implications
are identical: they're both subject to Short Term Capital Gains because their horizons
aren't long enough to become investments eligible for the income tax break of Long
Term Capital Gains. So much for all of your whining about paying too much tax! /s
> And most of my investments are long, which I rebalance annually. I can even tell
> you what I am invested in, if you ask me politely.
That's not likely to happen IMO, since civility is a reciprocal and you've already failed
to live up to it on your end.
But you're free to prove me wrong by not only providing that snapshot, but also in
becoming polite yourself, as well as honoring all past substantiation requests.
-hh