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Thread: What are you buying?

  1. #1891
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    Quote Originally Posted by Causalien View Post
    I am actually surprised that Green Mountain Coffee fell this much. I thought coffee is invincible. I mean, Starbucks, Tim Hortons man. It's rare to see a big player in a sector drop by this much while the competitors didn't move at all. Then again, I am not following GMCR that much.
    One of the reason it fell of the cliff is because David Einhorn went on the campain to destroy the shares, and when he speaks even other fund managers do not want to bet against him, I heard guy on BNN saying he is trimming his positions not because he doesn't like the stock, but because he is not betting against Einhorn.


  2. #1892
    Senior Member Toronto.gal's Avatar
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    Are you buying HH? I liked the stock & still do, hence I bought some yesterday [for trading].
    “Simplicity is the ultimate sophistication.”

  3. #1893
    Senior Member mode3sour's Avatar
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    No way would I invest in Facebook. I would sooner invest in RIM or YLO. In the 90's we had ICQ, then MSN messenger and now Facebook. I give it another 5 years, max. Web trends come and go the internet itself is archaic will have to be rebuilt at some point
    When everyone thinks the same they don't think at all

  4. #1894
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    Quote Originally Posted by Toronto.gal View Post
    Are you buying HH? I liked the stock & still do, hence I bought some yesterday [for trading].
    No, I don't know the stock well and it is too risky for me. I also think that bad news tends to follow bad news so IMO one would have to time it right for a quick bounce up before the next leg down.

    I bought back into potash again, hoping for a quick exit ;-)

  5. #1895
    Senior Member Toronto.gal's Avatar
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    I meant strictly for trading mode3sour!
    “Simplicity is the ultimate sophistication.”

  6. #1896
    Senior Member Toronto.gal's Avatar
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    Quote Originally Posted by Homerhomer View Post

    1. No, I don't know the stock well and it is too risky for me.
    2. I bought back into potash again, hoping for a quick exit ;-)
    1. I do follow the stock & could not resist the massive drop, which did not deserve IMO [the massive part that is], but as stocks/markets are no longer punished, but rather decimated, there is more room to go up than down and in any case, planning my exit strategy today because the weekend is coming and I want to enjoy it.

    2. You'll get rich trading POT [just don't smoke it].
    “Simplicity is the ultimate sophistication.”

  7. #1897
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    Added some RY today to the already losing position we own...

  8. #1898
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    Facebook is a different beast than Groupon. Almost everyone uses Facebook, it's more established, and they've been making money for a while now. They're going nowhere, but it will be interesting to see the stock valuation.

  9. #1899
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    Facebook is in a fickle market. I would have more faith in, say, Google's revenue stream than Facebook. People search several times a day. I know tonnes of people who are 'active users' of Facebook that almost never log in. Google is also offering ad impressions when consumers are looking to spend money, not socializing.

  10. #1900
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    GRPN was a gamble for me , I do not normally do this at all so when i pull out I will take the cash back until my left hand starts itching again


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