SDN members see fewer ads and full resolution images. Join our non-profit community!

The Investment Thread (stocks, bonds, real estate, retirement, just not gold)

Discussion in 'Pharmacy' started by BMBiology, May 2, 2013.

  1. SDN is made possible through member donations, sponsorships, and our volunteers. Learn about SDN's nonprofit mission.
  1. confettiflyer

    confettiflyer Did you just say something? 10+ Year Member

    8,942
    2,038
    Dec 19, 2004
    Best Coast
    DVAX through November!


    Sent from my iPhone using SDN mobile app
     
  2. SDN Members don't see this ad. About the ads.
  3. gwarm01

    gwarm01 7+ Year Member

    1,777
    2,048
    Oct 7, 2009
    Up 170% in the past 3 months. Sounds like I missed the boat on this one.

    LIT is up nearly 5% today on the strength of China planning to ban ICE vehicles in the future. Everything is falling into place for my plan to buy a modest boat!
     
  4. Pharmacy Kid

    Pharmacy Kid LCDR 7+ Year Member

    602
    34
    Jun 7, 2008
    USPHS
    Yes, I usually hold stocks for at least a year.

    Edit: Nvm, this is in my IRA Roth so it won't matter if I sell before a year.
     
  5. Pharmacy Kid

    Pharmacy Kid LCDR 7+ Year Member

    602
    34
    Jun 7, 2008
    USPHS
    I bought SYF friday. It had a small dip the past month. Warren Buffet bought it recently, also. This is going to be a long term hold, I won't sell for at least a few years.
     
  6. msweph

    msweph 2+ Year Member

    1,846
    716
    Jun 27, 2013
    When did you get in?

    Sent from my Pixel using Tapatalk
     
  7. confettiflyer

    confettiflyer Did you just say something? 10+ Year Member

    8,942
    2,038
    Dec 19, 2004
    Best Coast
    I bought at $9, lucky break. I'm long long long on AUPH, but this is all just play money.


    Sent from my iPhone using SDN mobile app
     
  8. confettiflyer

    confettiflyer Did you just say something? 10+ Year Member

    8,942
    2,038
    Dec 19, 2004
    Best Coast
    Got in about $9 ish last October, stomached the drop to the 3-4's, now happy again. I will probably dump out at $30-35.


    Sent from my iPhone using SDN mobile app
     
  9. msweph

    msweph 2+ Year Member

    1,846
    716
    Jun 27, 2013
    Nice, I bought at 4-5 sold at 9ish. Not a ton of shares anyhow.

    Sent from my Pixel using Tapatalk
     
  10. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    This might be it, the Rite Aid deal may finally go through Monday.
     
  11. gwarm01

    gwarm01 7+ Year Member

    1,777
    2,048
    Oct 7, 2009
    I thought that got shot down? I haven't been following it.. Good luck!

    NEOS followed the same pattern as before. Build up to FDA approval, then sell off. I learned my lesson this time and made a profit.
     
  12. pezdispenser

    pezdispenser 10+ Year Member

    1,355
    453
    Dec 14, 2006
  13. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    I own wba for the quick 10% I get then it gets moved. I really could care less that I get taxed on it.

    It fell due to another new report that Amazon is talking to pbms. So everyone freak for their jobs again.
     
  14. BenJammin

    BenJammin No Apologies 5+ Year Member

    2,169
    896
    Jun 29, 2011
    Where my ex's live
    If I rollover my employers 401k into a traditional IRA, am I no longer eligible to do the backdoor Roth IRA?
     
  15. pezdispenser

    pezdispenser 10+ Year Member

    1,355
    453
    Dec 14, 2006
    You are still eligible but whenever you convert to a Roth you'll have to pay taxes in proportion to the pre-tax money you have in the traditional IRA. e.g. If you have $50k pre-tax in the traditional IRA and make a $5,500 contribution with the intention to convert that to a back door Roth, you'll have to pay taxes on $50,000 / $55,500 x $5,500 = $4954.95 of the conversion.

    You can avoid this by rolling your old 401k to your new employer's 401k.
     
    Momus likes this.
  16. Momus

    Momus 7+ Year Member

    2,495
    798
    Apr 2, 2008
    Second this. You don't want any money in IRA or it will give you headaches and more tax liabilities come April. Roll over everything you have in IRA to current employer 401k plan. Then, you can do back door Roth with no tax bomb.
     
  17. Whereismynorco

    Whereismynorco 2+ Year Member

    81
    17
    Nov 7, 2014
    I am doing the same this year, make sure you do have any money in trad IRA. your trad IRA account balance should be zero on 12/31/2017. once January comes make $5500 contribution for year 2017 to your Trad ira wait couple days (do not invest, let it sit as cash) and rollover trad ira money to roth ira and invest in whatever you like
     
    Last edited: Sep 28, 2017
  18. BenJammin

    BenJammin No Apologies 5+ Year Member

    2,169
    896
    Jun 29, 2011
    Where my ex's live
    No new 401k so I guess I'm screwed? No more retirement account contributions for me I guess!
     
  19. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    Now what are you going to do? Huge hit to Teva, billions will be lost.
     
  20. Pharmacy Kid

    Pharmacy Kid LCDR 7+ Year Member

    602
    34
    Jun 7, 2008
    USPHS
    Yes, the copaxone generic approval will hurt. However, I always keep my stocks at least a year so we'll see what the price of TEVA is 10 months from now.
     
    stoichiometrist likes this.
  21. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    Jobs report out. -33,000. First net loss of jobs since the Great Recession.

    I imagine two devastating hurricanes probably played a role.
     
  22. pezdispenser

    pezdispenser 10+ Year Member

    1,355
    453
    Dec 14, 2006
    WBA, CVS and RAD all tanked 5% yesterday on fears that Amazon is about to get into the pharmacy business. What are you guys going to do? Buy the dip? Buy AMZN instead?
     
  23. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    Amazon hasn't moved in three months, every dip is a buying opportunity. It's only a matter of time before the next leg up.

    Use cvs and wba espp but sell immediately. There's no point in owning these companies.
     
  24. WVUPharm2007

    WVUPharm2007 "Bubs Depot!" 10+ Year Member

    Avoid them all. Buy ETFs. Apply for job at Amazon.
     
  25. Momus

    Momus 7+ Year Member

    2,495
    798
    Apr 2, 2008
    Gamble on RAD. Easiest trade of the decade they said?! Maybe, it will triple this time. Looks cheap!
     
    PharmDminus likes this.
  26. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    Trading account up big this year, loving this bubble of a market! It pays to trade.

    Just need some tax reform and hopefully this market can go a few more years and I can retire plus protect until the next crash.
     
  27. vinny808

    vinny808 ACCEPTED! 7+ Year Member

    112
    11
    Dec 1, 2008
    Anyone have 10000 shares to sell me?
     
  28. Pharmacy Kid

    Pharmacy Kid LCDR 7+ Year Member

    602
    34
    Jun 7, 2008
    USPHS
    Anyone think the S&P 500 will drop 20 percent or more by the end of 2018? Anyone taking the under or over that it'll happen by then?
     
  29. PharmDBro2017

    PharmDBro2017

    565
    418
    Dec 1, 2015
    Anyone watch XXII? They are a biotech company that has patented and created GMO tobacco that possesses extremely low quantities of nicotine. It's believed that the FDA is heading this direction with cigarettes in the near future to help wean people off regular tobacco products. Possibly the smoking cessation of the future? We will see. I've been investing for a while and it dipped hard recently (time to buy).
     
  30. vinny808

    vinny808 ACCEPTED! 7+ Year Member

    112
    11
    Dec 1, 2008
    My brokerage account currently holds:
    BABA (long term hold by far the most shares)
    EDIT (I've traded this twice bought in 17s sold in the 20s was once as high as $46 when my gf bought it...yikes, now going to hold long term)
    CRSR (selling in the 20s)
    NTLA (another gene editing company just like EDIT AND CRSR using CrispR techology)
    RAD (bought at $1.96)
    SHOP (recent dip, bought more and buying more tomorrow in the 90s)
    F (Long term hold plus dividends)
    TSLA (love trading TSLA, the stock seems to go up every time Elon speaks)
    NVDA, AAPL, (tech stocks)

    I have more but this most of them. BABA and EDIT are my babies up around 50%.
     
    PharmDBro2017 likes this.
  31. vinny808

    vinny808 ACCEPTED! 7+ Year Member

    112
    11
    Dec 1, 2008
    LEts go RAD!
     

    Attached Files:

  32. BenJammin

    BenJammin No Apologies 5+ Year Member

    2,169
    896
    Jun 29, 2011
    Where my ex's live
    My brokerage account has the following stocks
    • ATVI - Activision
    • BP - British Petroleum (I bought 41 shares 10 cents above its 5 year low)
    • KR - Kroger Grocery Store
    • ORC - Orchid Island Real Estate
    • TSLA - Tesla
    • UAA - Under Armour (holding this for the long term, currently down $600 but they're about to become the official uniform company of MLB)
     
  33. GrapePropel

    GrapePropel pharmaCYST Banned

    124
    19
    Sep 26, 2017
    PharmaSissy, Cucked, NV
    Holy cow you guys are old. I didn't think people still traded stocks. Everyone is trying crypto currencies on exchanges like bittrex.com and coinbase.com. Boomer trade stocks and are happy with 4% a year while people are making 30-50% a year trying crypto.

    I made 7,000 USD PROFIT trading XLM in one day just a few days ago on 10-15-2017. IBM announced a partnership with Stellar Lumens.

    Closed Date Opened Date Market Type Bid/Ask Units Filled Units Total Actual Rate Cost / Proceeds
    10/16/2017 10:40 10/16/2017 10:40 BTC-XLM Limit Sell 0.00000695 102511.803 102511.8 6.94E-06 0.710676
    10/16/2017 10:39 10/16/2017 10:38 BTC-XLM Limit Sell 0.00000699 16156.6908 118668.5 6.98E-06 0.112653
    10/16/2017 10:38 10/16/2017 10:36 BTC-XLM Limit Sell 0.00000709 212044.8107 330713.3 7.08E-06 1.499639
    10/15/2017 22:13 10/15/2017 22:09 BTC-XLM Limit Buy 0.00000344 330713.3045 330713.3 3.43E-06 -1.1405


    I'm up over 190,000 USD for the year so far.
     
    Last edited: Oct 17, 2017
  34. gwarm01

    gwarm01 7+ Year Member

    1,777
    2,048
    Oct 7, 2009
    I made over $30,000 by speculating sand coin this week alone.
     
    GrapePropel likes this.
  35. GrapePropel

    GrapePropel pharmaCYST Banned

    124
    19
    Sep 26, 2017
    PharmaSissy, Cucked, NV
    Nice buy! I don't enter a position in such small cap coins though. The varience is too high for me to stomach. The lowest marketcap i'll dip in is 50,000,000 USD. Sand coin is like under 2 mil
     
  36. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    Your a P4 and your buying enough Bitcoin to make $190k? Something doesn't add up .
     
  37. GrapePropel

    GrapePropel pharmaCYST Banned

    124
    19
    Sep 26, 2017
    PharmaSissy, Cucked, NV
    I am not young. Worked many jobs before going to pharmacy school.
     
  38. gwarm01

    gwarm01 7+ Year Member

    1,777
    2,048
    Oct 7, 2009
    It's all the money he saved from living out of a car. Keep up, gramps!
     
    GrapePropel likes this.
  39. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    Hey I own a little Bitcoin too

    So why pharmacy if you clearly hate it?
     
  40. GrapePropel

    GrapePropel pharmaCYST Banned

    124
    19
    Sep 26, 2017
    PharmaSissy, Cucked, NV
    I don't hate it at all. It's fun for the most part. I like learning about the psychoactive drugs and receptors. I,m trying to increase my social status to improve my chances of finding my future wife. The last gf I had just used me for money and would spend like 5k a month on clothes and buying things for her friends. One time we went to the mall and she spent 1,000 USD in one day. That was like 8 years ago thou. Have not dated a girl since unless you count 2D waifus. I really wanna try to date 3D again. Trying to get a more respected job, get in better shape and try to get my mental health even better.
     
  41. Pharmacy Kid

    Pharmacy Kid LCDR 7+ Year Member

    602
    34
    Jun 7, 2008
    USPHS
    Does anyone invest in cryptocurrency? I'm thinking of taking the plunge into Ripple or Litecoin. I'm talking a good chunk of change ($10,000+).

    I have to add that I'll only invest what I can afford to lose. If I lose $10,000, i'll be sad for a month (ok, maybe a few months), but it's still less than 5% of my portfolio.
     
    Last edited: Oct 17, 2017
  42. Momus

    Momus 7+ Year Member

    2,495
    798
    Apr 2, 2008
    Bubble bubble bubble

    Crypto is stupid. There are literally thousands if not more crypto out there, you can make your own crypto. There is no guarantee they will be around in the future. One or two gonna win out or all will bust completely with a simple policy change from the gov. Gov can even issue their own crypto. Not saying there is no potential, clearly there is money to be made. If you feel lucky, you should gamble $10-100k on one, maybe you become multi millionaires, maybe you won't. Good luck.
     
    pezdispenser and wagrxm2000 like this.
  43. vinny808

    vinny808 ACCEPTED! 7+ Year Member

    112
    11
    Dec 1, 2008
    LOL I’m happy for you. I knew a guy who traded options for years. He made a million and more trading options. He was all about it. Then, in a short period of time, he lost it all. Just don’t put all your eggs in once basket okay? I’m playing the long-term game with rental properties, stocks, 401ks and IRAs that get maxed out lll each year. Hope I see you around in 10 years.
     
  44. wagrxm2000

    wagrxm2000 2+ Year Member

    1,412
    612
    Sep 17, 2014
    The issue with crypto is when will the bubble pop? This could double, triple, etc before it happens or you could lose a ton tomorrow.
     
  45. BenJammin

    BenJammin No Apologies 5+ Year Member

    2,169
    896
    Jun 29, 2011
    Where my ex's live
    Investing in anything other than bitcoin is straight up gambling. Even then, bitcoin's true value is $0
     
  46. gwarm01

    gwarm01 7+ Year Member

    1,777
    2,048
    Oct 7, 2009
    I think you quoted the wrong guy.
     
  47. pezdispenser

    pezdispenser 10+ Year Member

    1,355
    453
    Dec 14, 2006
    I'm not touching cryptocurrencies with a 10 foot barge pole. The only thing they operate on is the greater fool principle. Limit the supply and hype up the demand from greater fools to push up the price. When you eventually run out of fools (could take a while with a seemingly endless supply of fools), the money inflows will dry up, or something happens that causes people to draw their money out en masse, then the bubble will burst.
     
  48. lord999

    lord999 Moderator Emeritus 10+ Year Member

    1,357
    1,059
    Feb 20, 2002
    DC
    Pharmacist
    Faculty
    Unless the point is to buy services or goods not advertised on the phonebook, which is what these are for. Fortunately, block chain analysis works when we're interested in busting the major illegal transactions.


     
  49. Whereismynorco

    Whereismynorco 2+ Year Member

    81
    17
    Nov 7, 2014
    What platform/website do you guys use to buy or sell cryptocurrencies??
     
  50. msweph

    msweph 2+ Year Member

    1,846
    716
    Jun 27, 2013
    Holy **** dude. For real??

    Sent from my Pixel using Tapatalk
     
  51. gwarm01

    gwarm01 7+ Year Member

    1,777
    2,048
    Oct 7, 2009
    Hah.. no. I'm throwing all of my non-retirement investing cash into SCHB, LIT, and BOTZ. I'm still getting very good returns on my pet ETFs, and the broad market is performing respectably as well.
     

Share This Page