Share your stock Entry and Exit as you make them thread

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Put the winnings of the wife’s ETH back into ETH at 1278 this morning.
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Why's everyone buying BNGO now? It was 4-5 for over a week.
 
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thumbz said:
The hope it'll bounce back up to >10 after the offering is absorbed.

I sold FIIIW and CFIIW to get GEVO and BNGO on these dips
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I thought they just had an offering last week?
 
thumbz said:
The hope it'll bounce back up to >10 after the offering is absorbed.

I sold FIIIW and CFIIW to get GEVO and BNGO on these dips
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BNGO got that NNDM type feel to it so i bet it bounces back hard but i believe this hype is mostly retail traders misunderstanding the original comparison that said BNGO > PACB or thinking BNGO will be the next PACB. That is totally incorrect imo.

BNGO has been around since 2003 and hasn't gained traction while all the other genomic stocks took off and there's a reason for that. This tweet below from the ARKG guy himself



if you look at the diagrams he posted bngo was only more effective than pacb in the 1% that saphyr was able to be used(>500bp). For the other 99% the saphyr/optical mapping tech cannot be used because its less than 500bp and that's where pacb is the king. this is with my limited knowledge of science/genomics so take it with a grain of salt lol. For trading i think it's fine but i wouldnt hold long term.
 
I have $1400 left any suggestions? Thinking of entering GSM. Or I could save for Friday selloff for once.
 
Dumped the rest of my cash into [email protected]. Not the best price but it's recovering fast. Will be 10 by end of day, 50 by end of year. The next NIO.
 
Splenda88 said:
@wazoodog is at 1.3M in his early 40s... I guess he/she has done something right.
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footfairy said:
Absolutely no idea how these boomer RPH dont have enough to retire. Not just because of their total career earnings, but because they received a massive overall pay increase starting in 2000 when the pharmD became required and the shortage began.
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I guess I did a few things right, which probably evens out other things done wrong - I've also had financial fortunes and misfortunes come my way. I think it's hard to generalize where everyone should be at by early or mid 40s. Life just happens. So many things, windfall or unexpected financial burdens, just come up out of the blue. Sometimes they cancel each other out, and sometimes they don't. There are things like stock payouts, large bonuses, big severance payouts, inheritance, stock picks that did way better than anticipated on the windfall side...and then there are things like a family member needing hefty financial support, children, spouse losing jobs, or maybe some other financial misfortune.

If you got some capital sitting in a bank savings account losing out to inflation, you should definitely realize it's only one small step above splurging it all away. You also have to be honest and ask yourself if you have the discipline and will to do some studying/vetting/developing your own financial strategy and allocate your assets to the right taxable/tax-advantaged accounts and set up the right index funds. If you don't see yourself having the discipline and will to buckle and get to it within the next 3 years, you might be better off paying for some help. Sure you'll pay for the service but it's better than doing nothing at all - you can then figure out when you're ready to DIY.

FWIW, I think majority of pharmacists living in fairly high COL areas should target target above 4 million for retirement if you want to keep something like a 100k/year lifestyle, with help from social security and hopefully mortgage paid off.
 
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wazoodog said:
I guess I did a few things right, which probably evens out other things done wrong - I've also had financial fortunes and misfortunes come my way. I think it's hard to generalize where everyone should be at by early or mid 40s. Life just happens. So many things, windfall or unexpected financial burdens, just come up out of the blue. Sometimes they cancel each other out, and sometimes they don't. There are things like stock payouts, large bonuses, big severance payouts, inheritance, stock picks that did way better than anticipated on the windfall side...and then there are things like a family member needing hefty financial support, children, spouse losing jobs, or maybe some other financial misfortune.

If you got some capital sitting in a bank savings account losing out to inflation, you should definitely realize it's only one small step above splurging it all away. You also have to be honest and ask yourself if you have the discipline and will to do some studying/vetting/developing your own financial strategy and allocate your assets to the right taxable/tax-advantaged accounts and set up the right index funds. If you don't see yourself having the discipline and will to buckle and get to it within the next 3 years, you might be better off paying for some help. Sure you'll pay for the service but it's better than doing nothing at all - you can then figure out when you're ready to DIY.

FWIW, I think majority of pharmacists living in fairly high COL areas to target above 4 million for retirement if you want to keep something like a 100k/year lifestyle, with help from social security and hopefully mortgage paid off.
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I feel like I can't like/recommend this advice strongly enough. I spent 7 years watching $30-$50k sit in an emergency fund account at 1.10% interest. Had I put it into S&P funds $40k would be worth $83k today. Instead that $40k turned into $42k.

Now I have a HELOC that serves as an "in a pinch" emergency fund and the actual emergency fund got invested, and the $42k has turned into $60k (realizing I jumped in at a great time in the market).

I actually was going to call the Vanguard advisor service you get if you have over $50k in an account but found this thread at the same time I was pondering it and you guys helped me feel comfortable jumping into investing, so I can't thank all of you enough!

@mentos - check out PKKFF - one of my residents recommended them and they've been running nicely - they may keep running for a while
 
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thumbz said:
I feel like I can't like/recommend this advice strongly enough. I spent 7 years watching $30-$50k sit in an emergency fund account at 1.10% interest. Had I put it into S&P funds $40k would be worth $83k today. Instead that $40k turned into $42k.

Now I have a HELOC that serves as an "in a pinch" emergency fund and the actual emergency fund got invested, and the $42k has turned into $60k (realizing I jumped in at a great time in the market).

I actually was going to call the Vanguard advisor service you get if you have over $50k in an account but found this thread at the same time I was pondering it and you guys helped me feel comfortable jumping into investing, so I can't thank all of you enough!

@mentos - check out PKKFF - one of my residents recommended them and they've been running nicely - they may keep running for a while
Click to expand...
So many financial and retirement experts advise against this strategy (using HELOC as emergency fund to invest the savings money) but honestly I am in agreement with you. I can’t stand seeing perfectly good capital go to waste in a pathetic savings account.
 
thumbz said:
I feel like I can't like/recommend this advice strongly enough. I spent 7 years watching $30-$50k sit in an emergency fund account at 1.10% interest. Had I put it into S&P funds $40k would be worth $83k today. Instead that $40k turned into $42k.

Now I have a HELOC that serves as an "in a pinch" emergency fund and the actual emergency fund got invested, and the $42k has turned into $60k (realizing I jumped in at a great time in the market).

I actually was going to call the Vanguard advisor service you get if you have over $50k in an account but found this thread at the same time I was pondering it and you guys helped me feel comfortable jumping into investing, so I can't thank all of you enough!

@mentos - check out PKKFF - one of my residents recommended them and they've been running nicely - they may keep running for a while
Click to expand...
Well I wouldn't agree with paying someone though....
 
thumbz said:
I feel like I can't like/recommend this advice strongly enough. I spent 7 years watching $30-$50k sit in an emergency fund account at 1.10% interest. Had I put it into S&P funds $40k would be worth $83k today. Instead that $40k turned into $42k.

Now I have a HELOC that serves as an "in a pinch" emergency fund and the actual emergency fund got invested, and the $42k has turned into $60k (realizing I jumped in at a great time in the market).

I actually was going to call the Vanguard advisor service you get if you have over $50k in an account but found this thread at the same time I was pondering it and you guys helped me feel comfortable jumping into investing, so I can't thank all of you enough!

@mentos - check out PKKFF - one of my residents recommended them and they've been running nicely - they may keep running for a while
Click to expand...

How does HELOC work? Is that money sitting in an account somewhere?

I usually keep 15-20k cash as emergency fund but lately I've only kept 1-2k just cause the market has been so good. I figure in a true emergency I can use a credit card then liquidate some stock in a couple days.
 
Everyone who bought BNGO yesterday should have gotten GEVO instead! Got 1100 shares now.
 
FRSX is dipping below 8 if anyone wants in! I have no more buying power.

Everything from Israel is gold. FRSX, NNDM, Gal Gadot, Natalie Portman.
 
mentos said:
How does HELOC work? Is that money sitting in an account somewhere?

I usually keep 15-20k cash as emergency fund but lately I've only kept 1-2k just cause the market has been so good. I figure in a true emergency I can use a credit card then liquidate some stock in a couple days.
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Yes....
 
mentos said:
So I can get a HELOC for 200k and put it in the market?
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Yes you could, but it's $$$ borrowed that you will have to make monthly payment on. At least that was the way my bank offered it to me.
 
mentos said:
How does HELOC work? Is that money sitting in an account somewhere?

I usually keep 15-20k cash as emergency fund but lately I've only kept 1-2k just cause the market has been so good. I figure in a true emergency I can use a credit card then liquidate some stock in a couple days.
Click to expand...

So HELOCs are great in my opinion. Here's how mine works (and most do). The reason financial experts hate them (IMHO) is because people have no discipline, treat them like cash and spend the money on a boat/car/"emergency"... like an "emergency vacation"

My house is worth $500k, I owe $300K on the mortgage. The bank gives me a $100k loan against the equity in my home. So I have access to $100k, and my interest rate is prime minus 0.75% (2.25% currently, and it floats with prime rate)

If I never touch the $100k I don't pay a dime in interest. So right now my HELOC has $100k available to me to use like it's cash in an account, but since I haven't had to touch it I don't have to pay interest on it. If I do need to use it I can write a check like a standard checking account, and then I'll start paying 2.25% interest on only the amount of money I take out.

So instead of having $40k sitting there losing against inflation in case my boiler explodes and I need to spend $8k on it, I can just pay 2.25% interest on an 8k loan if I need it (at which point I could elect to sell some investments, or keep paying the 2.25% interest since the market is running like stink right now).
 
thumbz said:
So HELOCs are great in my opinion. Here's how mine works (and most do). The reason financial experts hate them (IMHO) is because people have no discipline, treat them like cash and spend the money on a boat/car/"emergency"... like an "emergency vacation"

My house is worth $500k, I owe $300K on the mortgage. The bank gives me a $100k loan against the equity in my home. So I have access to $100k, and my interest rate is prime minus 0.75% (2.25% currently, and it floats with prime rate)

If I never touch the $100k I don't pay a dime in interest. So right now my HELOC has $100k available to me to use like it's cash in an account, but since I haven't had to touch it I don't have to pay interest on it. If I do need to use it I can write a check like a standard checking account, and then I'll start paying 2.25% interest on only the amount of money I take out.

So instead of having $40k sitting there losing against inflation in case my boiler explodes and I need to spend $8k on it, I can just pay 2.25% interest on an 8k loan if I need it (at which point I could elect to sell some investments, or keep paying the 2.25% interest since the market is running like stink right now).
Click to expand...
I'll need yo look into this, we just bought our house 2 years ago, so will wait until we have more equity.

Do you have yo go thru the same bank or any?
 
StockPharmD2020 said:
I'll need yo look into this, we just bought our house 2 years ago, so will wait until we have more equity.

Do you have yo go thru the same bank or any?
Click to expand...

You can use any bank, and most of them will lend you up to 90% of your homes current appraised value. So depending on your housing market's appreciation and your payments/down payment you may be closer than you think.
 
Splenda88 said:
I don't, but I am about to pull the trigger. I am looking at BLSP as well.
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You're going to buy after it ran up 107%? I feel like it would pullback but I guess it's so cheap it doesn't matter. I would wait to buy tomorrow on a red Friday, personally.
 
mentos said:
You're going to buy after it ran up 107%? I feel like it would pullback but I guess it's so cheap it doesn't matter. I would wait to buy tomorrow on a red Friday, personally.
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I just bought 5600 shares. Losing $400 bucks won't change my life...

I tried to time the market on NIO. I ended up having a 100 shares instead of 200. Same happened with BNGO
 
Sold some OEG for 5% profit for buying power. Still have 1000 shares. Hoping to find something on sale on red Friday tomorrow.

Loaded the boat with GEVO yesterday, it's recovering nicely.

NNDM will be $15 soon just as predicted.

Road to 100k: $58,858
 
Splenda88 said:
I just bought 5600 shares. Losing $400 bucks won't change my life...

I tried to time the market on NIO. I ended up having a 100 shares instead of 200. Same happened with BNGO
Click to expand...

Holy selloff 🙁
 
**Buy alert** Dumped the rest of my OEG after hours for 4.2% profit. Think GEVO, ENG and IDEX are enough in that sector.

Will be shopping on red Friday tomorrow.
 
mentos said:
Sold some OEG for 5% profit for buying power. Still have 1000 shares. Hoping to find something on sale on red Friday tomorrow.

Loaded the boat with GEVO yesterday, it's recovering nicely.

NNDM will be $15 soon just as predicted.

Road to 100k: $58,858
Click to expand...

Ughhhh don't call it red Friday - lord knows I've had enough red this week
 
thumbz said:
Ughhhh don't call it red Friday - lord knows I've had enough red this week
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Really? Every Friday is red man. This has been my best week ever, might be green tomorrow if GEVO goes back to $11.

Got back in ETH at 1150. Hope I didn't buy too early.
 
Lol zom today
 

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Sold 880 BNGO for 9.04

going to buy ETHE if it’s in the 12s this morning
 
mentos said:
**Buy alert** Dumped the rest of my OEG after hours for 4.2% profit. Think GEVO, ENG and IDEX are enough in that sector.

Will be shopping on red Friday tomorrow.
Click to expand...

Did anyone buy OEG?? It's ripping cause I sold LoL.
 
Will sell my BNGO when it gets to $10 but I only have 59 shares
 
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