RL Investing

[to0p]

Anyone else here buy / sell stocks, even on a small basis?
Figured we can have a thread with tips on investments we're currently involved in.

SFNS Summit Financial
Bought it at $0.51 now at $1.05

Forward looking companies:

TSLA Tesla Motors, IPO last month at $20/share
ESLR Evergreen Solar, $0.75/share, Solar companies will be the oil companies of our future.

[azeth]

Kash and I sell mutual funds for a Boston based firm. We're not too involved directly in the market, but we're always hunting for new lines of biz!

[Edgetiq]

I would like to get involved in Stocks but I have no clue about it if I'm honest I'd like to start off small and see where it takes me.

Any advice is welcome

[to0p]

Best advice I can give you is create a trading account with an online brokerage and toss in 10% of your monthly income, once it builds up invest it in some solid companies, or get risky and toss it in some small caps.

[tj218]

Anyone else here buy / sell stocks, even on a small basis?
Figured we can have a thread with tips on investments we're currently involved in.

SFNS Summit Financial
Bought it at $0.51 now at $1.05

Forward looking companies:

TSLA Tesla Motors, IPO last month at $20/share
ESLR Evergreen Solar, $0.75/share, Solar companies will be the oil companies of our future.

Bought GT Solar (SOLR) for $2.20 a share...now $6.76....doesn't get the publicity that Evergreen does, but it has a much better financial picture.

[Extunarian]

IMO, to0p's advice is good if you want to get into some small time stock trading, but do make sure you're already putting 10% of your income towards an IRA or 401(k).

[Kraftwerk]

Newegg IPO soon, and following in Warren Buffett's investment advice of going with something you know I'm hoping to put a few thousand into Newegg. Best customer service online, and expanding into China.

[Jewce]

Best advice I can give you is create a trading account with an online brokerage and toss in 10% of your monthly income, once it builds up invest it in some solid companies, or get risky and toss it in some small caps.

This is definitely a great way to get into it. While you're building up for your first couple purchases, I recommend doing some intensive reading into both fundamental and technical indicators. Mastering the interpretation of these is key to success in investing. Learn what signs indicate a swing or a bounce.

For instance: Assume a golden cross (50day moving average swings above 200day moving average, indicates bullish momentum), and a few days later you see the stochastics oversold and price below moving average price.. technically a great time to buy. Fundamentally though, look at the EPS, beta, daily volume vs average volume to see what people are doing. Technicals are usually a safe way to bet, but you can't always predict what people will do based on technicals alone.

[to0p]

This is definitely a great way to get into it. While you're building up for your first couple purchases, I recommend doing some intensive reading into both fundamental and technical indicators. Mastering the interpretation of these is key to success in investing. Learn what signs indicate a swing or a bounce.

For instance: Assume a golden cross (50day moving average swings above 200day moving average, indicates bullish momentum), and a few days later you see the stochastics oversold and price below moving average price.. technically a great time to buy. Fundamentally though, look at the EPS, beta, daily volume vs average volume to see what people are doing. Technicals are usually a safe way to bet, but you can't always predict what people will do based on technicals alone.

For a bison farmer I did not expect this level of understanding ;). If you dont know what he's talking about go learn, because it is very 100% true. Understanding charts and fundementals is a huge benefit.

[to0p]

Bought GT Solar (SOLR) for $2.20 a share...now $6.76....doesn't get the publicity that Evergreen does, but it has a much better financial picture.

Wow great P/E if they keep it up its a hell of a good investment, esp since they are 1/2 of IPO price.

[Jewce]

For a bison farmer I did not expect this level of understanding ;). If you dont know what he's talking about go learn, because it is very 100% true. Understanding charts and fundementals is a huge benefit.

I also have Engineering and Physics degree ~

[tj218]

Wow great P/E if they keep it up its a hell of a good investment, esp since they are 1/2 of IPO price.

Yeah, def. Most/all of their business is outside the US. One of the few solar's that hasn't been in the red in the past few years.

They just (last week) bought an LED mfg. company which has some unique tech.

Q1 earnings released today after market close.

[to0p]

Q1 earnings released today after market close.

Oooooohhhh!!! (like the retarted dude from the intel commercials)

[tj218]

Oooooohhhh!!! (like the retarted dude from the intel commercials)

Update from the WSJ:

"GT Solar's fiscal first-quarter profit more than doubled on better-than-expected revenue growth, as the solar-equipment manufacturer reported results that smashed Wall Street's expectations. Shares jumped 20% to $8.30 in after-hours trading, as GT Solar also lifted its full-year view. "

Hope you bought it!

[to0p]

Update from the WSJ:

"GT Solar's fiscal first-quarter profit more than doubled on better-than-expected revenue growth, as the solar-equipment manufacturer reported results that smashed Wall Street's expectations. Shares jumped 20% to $8.30 in after-hours trading, as GT Solar also lifted its full-year view. "

Hope you bought it!

Wish I did :(

[Desert]

Anyone else here buy / sell stocks, even on a small basis?
Figured we can have a thread with tips on investments we're currently involved in.

SFNS Summit Financial
Bought it at $0.51 now at $1.05

Forward looking companies:

TSLA Tesla Motors, IPO last month at $20/share
ESLR Evergreen Solar, $0.75/share, Solar companies will be the oil companies of our future.

in 2008 I bought an undisclosed number of shares of AMD at $1.89 a share, they hit a low of $1.82, now at $7.52. They almost hit $10 last year once, and then again and that's when I sold.

Tesla motors is something I'm considering.