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Title: Investing in Wall Street
Source: Dakmar
URL Source: https://finance.yahoo.com/
Published: Aug 13, 2020
Author: Dakmar
Post Date: 2020-08-13 20:47:27 by Dakmar
Keywords: None
Views: 121
Comments: 11

I had an opportunity to buy stock at 15% discount through Employee Stock Purchase Plan, and since I had already created an E-trade account, I decided to let loose of $2000 and open an individual account. It's still just sitting there now, hasn't cleared the EFT, but I had what I thought were some damned good idea, looking for feedback.

I've been checking Yahoo Finance every day looking for Biggest Loosers. But cheap and wait for it to go up is my thinking. I know, hindsight is 20/20, but all of these fit in with my thinking

Lazydays Holdings, Inc. (LAZY) - could have bought at $9.66 on July 14, worth $15.31 today. They make RVs/Campers - people are going to get tired of lockdown and will want to travel, and Portland/Seattle/Chicago/Baltimore ain't gonna be a big draw for the foreseeable future...

Shiseido Company, Limited (SSDOF) - dropped like 22% yesterday, but still overvalued IMO. Peaked at $82.18 Oct 1, 2019, but that was part of a huge mountain, was about $25.00 in 2018 and prior. Japanese/global cosmetics firm, in business since 1882 or something like that. Once the bars/geisha houses open back up...

I wish I had bought Ford a few months ago when it was $3.63, it's back up to $9.something.

I'm looking at 5 year trends, not interested in anything that is selling for huge amounts now compared to what it was a year ago.

Any thoughts?

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#3. To: Dakmar, 4um (#0)

Any thoughts?

I'm using ino.com and CNBC.com for my info/quotes...

Fundamentals haven't mattered much since the crash of 2008. Tesla and Amazon are good examples of that.

You might consider stocks with a good dividend yield. Try to buy in even lots (multiples of 100. Odd lots can be hard to move.).

Lazydays Holdings, Inc. (LAZY) - could have bought at $9.66 on July 14, worth $15.31 today.

Bottomed @ $1.60 4/3/20. Just saw charts showing the RV mkt in a boom. May be quite fleeting. When they go up that fast, they come down fast. No divs.

Shiseido Company, Limited (SSDOF) - dropped like 22% yesterday, but still overvalued IMO.

VERY thinly traded. You might move the market going in or out. 0.89% div yield.

Ford a few months ago when it was $3.63, it's back up to $9.something.

The long term trend looks good since late March, but I'm not sure if moving out of their car business is a good idea. Must've cancelled their dividends, usually not a good sign.

Exxon (XOM $43) looks pretty good right now at half price. Dividend yield is 8.08%. I don't think oil can stay down forever.

I probably haven't been much help, but I don't mess with the markets much anymore. I just take the dividends while I run out my time.

Esso  posted on  2020-08-14   10:19:23 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: Dakmar (#3)

You might look at...

Steel Dynamics STLD $31, div yield 3.23%, $1.00/sh. Off WuFlu low of $19. I bought in single digits years ago.

American Electric Power AEP $83, div yield 3.37%, $2.80/sh. Flu low $72, pre flu $105.

CNBC has better info than INO about different things.

Esso  posted on  2020-08-14 11:56:58 ET  Reply   Untrace   Trace   Private Reply  


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