Post by TomSPost by TomSPost by -hhPost by TomSPost by -hhTime to check the performance of ARNA relative to TQQQ, which Tommy
recommended instead of ARNA...
YTD / ARNA: unch. ($93.2 to $93.2 interday)
YTD / TQQQ: -20% ($170 to $135 interday)
Next up: "catch a falling knife" recommendations!
Hey Lyin' Asshole, you better check the last 1 year performance.
Oh, you mean where a full third of that paper gain has been wiped out
in just two weeks?
In any event, the past is the past and you've not been making any "buy today!"
or "sell today!" posts to show your prowess. That's why I've noted that you
might try to gamble to catch the current falling knife again.
Of course, NASDAQ's tech sector generally is disfavored in a rising interest
rate environment, so one shouldn't be too surprised if 2022 has less potential
upside (or more losses) than during the 2020/21 era of QE expansions. As
such, is TQQQ currently a "buy"? Likewise, what are your predictions for
someone who's has TQQQ from 2021 from at/hear its high for how long they're
likely have to wait until they're no longer underwater? Days? Weeks? Months?
Longer?
Or are you 'bravely' going to be silent on tangible stuff, so as to not have your
pretend stock trader claims get completely blown up in your face again?
This is an exercise to see WHO's buy recommendation was better - yours
or mine.
No, that's not what it has been.
You'd tried to brag for years about how you're so savvy and profitable/etc, but
you just never showed that by publicly committing to a trade where you
explicitly telegraphed in advance, to prove that you weren't BS'ing after-the-fact.
Post by TomSClearly, mine was better, and has been better on any reasonable time frame.
Oh, you've allegedly done a few short sprints - - never documented, per above,
but let's actually go check the archives to see if there ever was an dick-waiving
contest:
Back to Sep 12, 2019 [8:04:42 PM]
hh>> For example, let’s hear your investment prognosis on another pharma, ARNA.
TS> Would not touch ARNA - no products for sale, missed last two
TS> earnings estimates, stock chart looks horrible, and analysts
TS> mostly have SELL ratings on it.
<https://groups.google.com/g/rec.sport.golf/c/yhHlqMZnqVs/m/o_1lm_vmAAAJ>
So what was my comment? Here it is, later in the same thread:
"Oh, you’ve already made it obvious that you don’t hold. I find it interesting
that the stock has such consistent buy recommendations despite what looks
like nothing much, and has a lot of institutionals holding it. The question
seems to be if they go on a tear of product approvals to sell and it pops to
$500. Even so, a +300% (paper) gain over the past three years isn’t too shabby..."
<https://groups.google.com/g/rec.sport.golf/c/yhHlqMZnqVs/m/ZEQ6mj_ZAQAJ>
So revisiting Tom's current claim:
"Clearly, mine was better, and has been better on any reasonable time frame"
Well, at that date it was at $51 and now its at $94, so that's a +84% gain
over ~3.3 years without any fees. But more significantly, the observation
that institutionals were following its potential was spot-on, as illustrated
by PFE's buyout offer.
Now YMMV on what constitutes a "reasonable" time frame, but for investing
and not gambling, that's longer term, so considering the cited buy 3 years
prior, that would have been at ~$16 which goes to ~$100 via PFE and
assuming a stock swap (this AM: $56.50 w/ 2.84% dividend), that means
that on per $10K basis, $01K/$16 = 62.5 shares *$100 = $62,500; divided
$56.5 buys 1106 shares of PFE, whose dividends are $1.60/share-year
for $1,769.60/yr.
So based on an original investment of just $10K, that's an effective +17.696%
dividend rate of return ... and dividends from a blue chip are safe & passive,
as well as have zero monthly expense fees.
Post by TomSAlso, I am in a holding pattern right now. With the Fed announcing rate hikes
I see more volatility ahead, although I did buy INTC recently.
Tech tends to carry more debt which will be downward pressure on
that sector as interest rates rise; looking at debt ratios can provide
insight too; looks like INTC is a bit better than QCOM (~2.1 vs 1.6)
for example.
My own moves have been to change out some of bond funds to
reduce exposure to higher rates depressing them, as well as shop
for dividend stocks for in a Roth, plus some other things. A higher
risk move was to buy $5K of AT&T (T) short term @ $24.906 for its
presently very high dividend (8%), as the Market's expecting them to
cut their dividend as they've been selling off assets/etc. Others on
the table with a goal of diversification, stability and income generation
currently include: BCE, BBY, CVX, ED, ENB, JNJ, LMT, NVS, VTRS.
-hh