Seeking Alpha

thestockbroker

thestockbroker
Send Message
View as an RSS Feed
View thestockbroker's Comments BY TICKER:
Latest  |  Highest rated
  • GT Advanced Technologies: All Set To Benefit From Apple's iPhone 6 [View article]
    My error it's an AMAZON phone, not Google
    Jun 20 08:46 PM | Likes Like |Link to Comment
  • GT Advanced Technologies: All Set To Benefit From Apple's iPhone 6 [View article]
    I have followed the stock for 9-12 months, it sold off when there was a selloff in almost all tech, as someone who has done this since I was ~14 yrs old, I strongly suggest you decide the total amount of $$$ you want to invest in the stock (same for any stock) buy 50% of the total initially, than follow how it trades for 3-6 months, get comfortable with the action just before and after earnings are announced, and watch the chart, when you see it committed to an upward direction than buy 25% more, if/when there is a selloff in the market and your stock drops, as it will, buy the remaining 25% to fill your posn. The 2nd purchase (25%) can be below the initial buy, however the final 25% should NOT be below the avg. of the 2 previous purchases (unless there is a huge sell-off for 1-2 days in the market) your goal should always be to avg. UP for any buys after the 2nd, than continue to follow but not every day, unless something happens to change the entire dynamic of the company looking weekly should be enough, and be patient!!!! If you are comfortable with the company, feel they are on track to accomplish the goal you initially made the investment, just let it ride, at some point you will see the shares 40-50% higher, a firm direction established, and more following, volume, and positives take it much much higher. If they do all they set out to do, there is no reason this can't be a $30 stock in 12-18 months. BTW, this should apply to all your stock buys unless you are buying expecting a specific announcement, than just buy calls for 1-2 months longer than you expect to hold as many things come to fruition but later than you think.
    Jun 20 08:31 PM | 1 Like Like |Link to Comment
  • GT Advanced Technologies: All Set To Benefit From Apple's iPhone 6 [View article]
    Saw an advertisement today for a new Google product (phone I think) and it advertised specifically with "a sapphire screen" doubt that's priced in yet, at least not totally, will look for ad unless others have seen as well
    Jun 20 04:00 PM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    I could entertain you with the BS the sellers have done, including OFFER us $70 a day to rent back after we said NO rent back, then they sent an addendum stating the same terms, as if we never spoke, they refused to accept our refusal to not rent back. I have to pay $125/day to rent back here ONLY to help them, so I said 5 days @ $125/d so I am not out of pocket, they rewrote is as 5 days at $70/day LOL I had to ask someone if we already refused this or was it my dream? So now they agreed no rent back however they won't sign the addendum that THEY insisted be drawn up. I think once we close and get up there I may hit you up for an address to a brothel, you know, the ones you didn't visit *wink. Take care
    Jun 19 01:43 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    Ray, why Pahrump, there is still plenty of inventory, if you are serious I can give you the contact info on my realtor, she's been amazing and the fact we're in Calif. has not been an issue at all. We have had some serious issues with our seller and she has been able to deal with them all including arranging for the LVSD (Sheriffs) to meet her at the property on closing as they are threatening not leaving on closing and he is a body builder with severe ROID rage issues, but she's been a real trooper. But nevertheless, why Pahrump?
    Jun 19 12:21 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    makes sense, thx
    Jun 18 11:46 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    I have to dispute the premise that houses are a volatile as stocks, a stock could (infrequent) drop 20%+ in a day a house won't, houses move in cycles, long cycles that can be viewed and see a specific direction, bad analogy. Not that buying with 10-20% equity is wise just a bad analogy
    Jun 18 10:22 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    I am not sure your price example is accurate, we bought for $335k asking was $330k, (paying cash) as for reductions, there was NO house we looked at where we could even get a 20% drop so the example may have been valid 12-24 months ago, not now. Unless you're thinking in some of the rundown areas without any HOA (I despise HOA's) and high crime, but not Henderson, North LV, Summerlin, if there is PM me the link and I'll buy and pay you a finders fee
    Jun 18 09:34 AM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    How much, I will assume very little but I don't know
    Jun 17 06:41 PM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    I am in escrow on a house in North LV (Summerlin, we close in 2 weeks) and my property taxes are approx. .60% where is yours 1.2%? Feel free to private message if you prefer.
    Jun 17 06:39 PM | Likes Like |Link to Comment
  • AeroGrow to Announce Fourth Quarter and Full Year Financial Results on June 30, 2014 [View article]
    This qtrs report will be important, last 1-2 qtrs showed revenue below expectations HOWEVER with the reason being not enough supply, a high-end problem if you can fix it, this qtr will show if it's fixed. Still no product = bye bye customer, enough product = very large sales increase.
    Jun 17 12:23 PM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    Just sold home in So Calif with a $375k mtg remaining and bought a larger home in North Las Vegas for just under 1/2 what this is worth, paid all cash and will have NO mtg again, wife & I are 53/54 yrs old and retired when we were 41/42 yrs old property taxes in Nevada are approx. .60% vs approx 1.5% in Calif. No state income tax combined that saves us almost $40k/year
    Jun 17 12:14 PM | Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    In all honesty the Mtg Interest deduction is a bit over exaggerated, for every $1 in mtg interest payment I make I get approx a 25-30 CENT deduction, so while in my case I pay just under $50k in mtg pmt annually, approx $40k is interest thus $10k is my deduction, I think mine is probably a bit above avg. thus most folks don't even get a $10k deduction, is that easily made up elsewhere, no, however if I rented a home for $3000 a month and thus spent $36k a year with no deduction I still have $14k MORE in the bank after 12 months than the home buyer and I have much less stress, i.e. taxes, insurance, etc. However you will NEVER heard that said by many banks or real estate agents will you?
    Jun 17 12:57 AM | 5 Likes Like |Link to Comment
  • Why Buying A House Is A Terrible Investment [View article]
    This is one of the least thought out articles I think I have ever read on SA, reading just a few of the other comments several folks agree. My grandmother was one of the smartest investors I ever knew, she was the head comptroller for Bank of America in the 40's and 50's, and taught me several valuable lessons, one very wise one specifically was "do not buy a home as an investment, buy a house so you will always have a roof over your head" I know that one major reason she had as much $$ as she did was NO mtg payment, she had her house paid off in 10 yrs. Just think how much your mtg payment is today and how much you would have extra with no mtg the last 8-10 years, that's why you buy a home.
    Jun 16 02:27 AM | 3 Likes Like |Link to Comment
  • Beware Of The Biggest Pump-N-Dumpers: Wall Street Brokerage Firms! [View instapost]
    The ONLY difference between Goldman Sachs and Me buying shares for my acct. than telling scores of friends/clients about it who buy the stock and raise the price as I/they sell is that with GS taxes are collected and salaries are paid, nothing more/less, and anyone who believes otherwise is fooling themselves
    Jun 12 02:31 PM | Likes Like |Link to Comment
COMMENTS STATS
336 Comments
406 Likes