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Started By
Message
re: Reccomend some buy and hold stocks
Posted on 7/15/15 at 4:36 pm to STLhog
Posted on 7/15/15 at 4:36 pm to STLhog
Ford was below $3 a share from October 2008 to April 2009- the same time as the stock market crash. At the start of 2011, it got a bit past $18 a share. It's stock price has been lackluster since, but even the price now is at least 5x what it was then.
Another thing to keep in mind is that the economy may not have improved to the same extent that the stock market has. The market got held up by cheap and easy Fed money/low interest rates. I think the economy has improved since 2009, but the stock market has really outpaced it.
Of course, I'm no economist, so I could be wrong about that. But, if I was an economist, I'd believe I wouldn't exist because I have beaten the market before.
Another thing to keep in mind is that the economy may not have improved to the same extent that the stock market has. The market got held up by cheap and easy Fed money/low interest rates. I think the economy has improved since 2009, but the stock market has really outpaced it.
Of course, I'm no economist, so I could be wrong about that. But, if I was an economist, I'd believe I wouldn't exist because I have beaten the market before.
0
Posted on 7/15/15 at 4:38 pm to STLhog
I understand what you're saying, but 400-600% are the type of gains I'd welcome anytime!
That's is you bought at $3 or $4 and sold at $18...
That's is you bought at $3 or $4 and sold at $18...
Posted on 7/15/15 at 4:48 pm to bayoubengals88
quote:
That's is you bought at $3 or $4 and sold at $18...
Oh for sure. But at $2-$4/share people thought Ford was radio shack..
Posted on 7/16/15 at 2:45 am to STLhog
This is big news. I saw a month ago on vacation. The testing is showing these PCSK9 inhibitors are showing great potential in > 60% of patients reducing LDL
repatha vs praluent
Drug Praluent
Regeneron
Collaborates w/
Sanofi
Drug Repatha
Amgen
LINK /
This is an extremely big market with the ability to to generate billions.
Another stock I think ends up 20% up by years end is Bristol Meyers Squibb BMY - I bought in at $65 now $69 but think it goes $74-$80 by years end. There is also buyout speculation on the street.
repatha vs praluent
Drug Praluent
Regeneron
Collaborates w/
Sanofi
Drug Repatha
Amgen
LINK /
This is an extremely big market with the ability to to generate billions.
Another stock I think ends up 20% up by years end is Bristol Meyers Squibb BMY - I bought in at $65 now $69 but think it goes $74-$80 by years end. There is also buyout speculation on the street.
Posted on 7/16/15 at 8:08 am to STLhog
quote:
Oh for sure. But at $2-$4/share people thought Ford was radio shack..
Yep, I almost pulled the trigger when it was around $2. Backed out and didn't buy till it got up around $10. Also, bought Lowes around $17 and sold at $28, it went up to the $70s iirc. I thought Ford was gonna go under, wish I had a time machine, damn, damn, damn.
Eta: I mean, that could have been some life changing shite
This post was edited on 7/16/15 at 8:10 am
Posted on 7/16/15 at 8:13 am to windshieldman
I'd be sick! Especially with Lowes! I wish I was aware of how these things worked in 08-09 ??
Posted on 7/16/15 at 8:19 am to bayoubengals88
quote:
I'd be sick! Especially with Lowes! I wish I was aware of how these things worked in 08-09 ??
Yeah, I bought into Lowes around that time, and held for a few years. I think it shot up the day after I sold it, usually what happens. Alot of money was made by people in the years following 08-09. Its easy to think back and kick yourself, but during the time, I really didn't see Lowes going up as high as it is now, and truly thought Ford was gonna go under.
Posted on 7/16/15 at 8:28 am to windshieldman
It ain't sexy, but I would either look for Minnesota Mining and Manufacturing to split, or find a price point that makes sense to buy it at. Either/or.
Posted on 7/16/15 at 11:27 am to Tigerfan56
PQ
LINE
SM
EXXI
LINE
SM
EXXI
Posted on 7/16/15 at 11:37 am to Iowa Golfer
quote:Ok...how many people looked this up and had their mind blown?!
It ain't sexy, but I would either look for Minnesota Mining and Manufacturing to split, or find a price point that makes sense to buy it at. Either/or.
3M or MMM
Posted on 7/16/15 at 1:32 pm to bayoubengals88
I thought that was common knowledge that Minnesota Manufacturing and Mining is 3M.
Posted on 7/16/15 at 1:42 pm to bayoubengals88
quote:
Ok...how many people looked this up and had their mind blown?!
:raisehand:
I had no idea that's what 3M stood for.
Posted on 7/16/15 at 1:49 pm to LSUGUMBO
Yep neither did I
Posted on 7/16/15 at 7:46 pm to bayoubengals88
quote:
I'd be sick! Especially with Lowes! I wish I was aware of how these things worked in 08-09 ??
I worked for an automotive company at that time. And I've been in real estate or banking (at least as a sideline) for most of my adult life. Trust me, no one knew "how these things worked" in 2008-09. If not for the bailout, Ford would have gone under too. They didn't need government money, but they did need the supplier base that would have been further devastated, had GM, and to a lesser degree, Chrysler, not been saved.
I pulled the trigger on quite a few stocks in 2009. But only because I decided that for once in my life, if the country and financial system didn't make it, I would go down with the ship this time. It turned out more than OK. And some dynastic fortunes were made off those lows. But it felt like a crap shoot every time I hit the buy button. Anybody that went into capital preservation mode back then has nothing to be ashamed of. It could have just as easily gone the other way.
Posted on 7/16/15 at 7:49 pm to Jag_Warrior
I loaded then too. There was fear and blood, and I loved it. Every crisis we've have had I can barely sleep. I almost pee myself trying to find well thought out risky, high reward plays.
Posted on 7/16/15 at 7:52 pm to Jag_Warrior
quote:
I pulled the trigger on quite a few stocks in 2009. But only because I decided that for once in my life, if the country and financial system didn't make it, I would go down with the ship this time. It turned out more than OK. And some dynastic fortunes were made off those lows. But it felt like a crap shoot every time I hit the buy button. Anybody that went into capital preservation mode back then has nothing to be ashamed of. It could have just as easily gone the other way.
Great way to put it, makes me feel a lot better also
Posted on 7/16/15 at 9:24 pm to windshieldman
quote:
A lot of money was made by people in the years following 08-09. Its easy to think back and kick yourself
This is what I posted on February 14, 2009, the day after the DJ30 Industrials closed at 7,840.45 after falling almost 7,000 points over the previous year or so.
quote:
By the end of March... ....will be the time to go 'all in' long in the stock market, IMO.
If you read other posters comments, you'll see they thought I was crazy to be considering putting money into the market at that point.
The low point for the DJ30 during the recession occurred on March 6, 2009 at 6,469.95.
And yes, I went all in starting not long after I posted the above and before the end of March.
Posted on 7/16/15 at 9:32 pm to LSURussian
Mr. Russian, I think the quote in your sig is quite appropriate for this discussion.
Also, kudos for having the stones and insight to buy when you did. I hope I can act in a similar manner when I face a down market.
Also, kudos for having the stones and insight to buy when you did. I hope I can act in a similar manner when I face a down market.
Posted on 7/16/15 at 10:30 pm to Tigerfan56
DAL
Posted on 7/16/15 at 10:31 pm to Omada
I enjoy these historic perspectives 
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