Gyroscopic Investing

pmward wrote: ↑Tue Apr 14, 2020 10:37 am I mean that is technically what the VP is for... however to buy or sell simply because of where something was in the past is not a real reason to speculate. There is no reason any stock has to go back where it was. The past is meaningless. You have to look at what the future prospects of the company are.

ochotona wrote: ↑Tue Apr 14, 2020 12:00 pm I was granted Schlumberger RSUs worth $220,000 at the time of the grant, but then sold them for $180,000 when I vested due to the 2015 oil collapse. I thought it might be fun to re-buy the shares for 90% off someday, for $22,000. It's almost there.

GT wrote: ↑Tue Apr 14, 2020 10:28 am I had company stock in a 401K back in the day - COF

Watched it drop to $8 to $12 a share 2008 or 2009 - kept it until it returned to $54 a share in 2013 and sold.
- the roller coaster like experience helped we find the Harry Browne and John Bogle's of the world
- I had all the good reasons to sell (single sector risk, CEO risk, not diversified)

Watched it climb to $104 a share over the years
- could have doubled my money from 2013 to Jan 2020
- had the nagging feeling of the "one that got way"

Fast forward to today and the share price is back to $55 a share
- I think I am going to buy some shares as a VP purchase to get rid of the "one that got away" feelings
- Going to look at the purchase as pure speculation i.e. gambling

Talk me off the cliff or that's what a VP is for?

Dieter wrote: ↑Tue Apr 14, 2020 7:03 pm

GT wrote: ↑Tue Apr 14, 2020 10:28 am I had company stock in a 401K back in the day - COF

Watched it drop to $8 to $12 a share 2008 or 2009 - kept it until it returned to $54 a share in 2013 and sold.
- the roller coaster like experience helped we find the Harry Browne and John Bogle's of the world
- I had all the good reasons to sell (single sector risk, CEO risk, not diversified)

Watched it climb to $104 a share over the years
- could have doubled my money from 2013 to Jan 2020
- had the nagging feeling of the "one that got way"

Fast forward to today and the share price is back to $55 a share
- I think I am going to buy some shares as a VP purchase to get rid of the "one that got away" feelings
- Going to look at the purchase as pure speculation i.e. gambling

Talk me off the cliff or that's what a VP is for?

A small play, sure, have fun with it.

10% of your portfolio? Um....

dualstow wrote: ↑Fri Apr 17, 2020 6:43 am I like COF. Most of my individual stock portfolio was put together when I was avoiding the banking & finance sector. More recently, I hand picked a few companies that I liked such as Visa and last July, Capital One/COF. I was very happy with it until the corona storm hit.

Like pmward said, only the future matters. There is no guarantee that it will return to that $100 share price.

dualstow wrote: ↑Wed Apr 29, 2020 8:59 am Up 11% this morning.

GT wrote: ↑Wed Apr 29, 2020 9:48 am

dualstow wrote: ↑Wed Apr 29, 2020 8:59 am Up 11% this morning.

Nice!! at the beginning of the month it was 44.68 - 70.31 as of today

Now when to sell or do I buy more - crazy - I hate it

I would never make it as a stock picker -

pmward wrote: ↑Wed Apr 29, 2020 10:25 am

GT wrote: ↑Wed Apr 29, 2020 9:48 am

dualstow wrote: ↑Wed Apr 29, 2020 8:59 am Up 11% this morning.

Nice!! at the beginning of the month it was 44.68 - 70.31 as of today

Now when to sell or do I buy more - crazy - I hate it

I would never make it as a stock picker -

When you have a big winner like that, it's best to look at your position like a trend follower. You want to use some form of a trailing stop. An easy way is to look at the 20 day moving average. The next time the stock goes down to it's 20 day moving average, buy. If it bounces off of it, you hold until the next test. When/if the stock closes below the 20 day moving average (I would probably give it about a 1-2% buffer below the 20 day SMA before you sell to avoid whipsaw), sell it all. Until it closes below the 20 day SMA, let 'er ride.

dualstow wrote: ↑Fri May 22, 2020 10:41 am Dividends for COF came in yesterday.

GT wrote: ↑Tue May 26, 2020 10:21 am

dualstow wrote: ↑Fri May 22, 2020 10:41 am Dividends for COF came in yesterday.

.40 a share - looks like the same dividend payout since 2015

https://www.nasdaq.com/market-activity/ ... nd-history

I always struggle with price appreciation versus dividend yield

The amateur stock picker in me would rather just see the stock ticker go up

dualstow wrote: ↑Fri Sep 04, 2020 8:50 am COF Seems to be cominng back along with other banks. I bought some more shares a few days ago while selling other things. It’s the only bank I own, outside of VIMAX (mid-cap index)

dualstow wrote: ↑Fri Oct 23, 2020 1:45 pm @GT - FYI I did unload some shares at $80 today, per a limit order that triggered.
i don't feel great about banks.

dualstow wrote: ↑Tue Dec 01, 2020 9:05 am ‘course capital one has been on a tear since I sold some shares.

dualstow wrote: ↑Tue Dec 01, 2020 9:05 am ‘course capital one has been on a tear since I sold some shares.