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gunnarthor

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Everything posted by gunnarthor

  1. I sold my stake in Shopify. Turned 5k into 42k. Appreciate the tip. I'm not allowed to make trades in my IRA account, very frustrating. But I'm not really a day trader so I haven't worried about it much. At this point, just hoarding cash.
  2. Looks like Mike's zoom purchases have worked out pretty well for him. Up 20 some percent since his purchase, I believe. Looks like today might the first day in six weeks with back to back positive numbers for the Dow and S&P.
  3. It's my fault. I bought a bit of Exxon when it hit its ten year low. I apologize to everyone. My opinion is that until the virus gets under control, the market won't be safe to invest in. Some stocks will ride this out better than others. I'll probably eventually make a fairly large buy in an index fund but not for a while.
  4. Rough day. I was in court all morning so came out to see the disaster. Out of curiosity, what platform are you using to do your trades?
  5. Sorry my friend. I'm home with kids today. Watching MSNBC. They had a BOA bigwig on whose advice was essentially don't sell, don't buy, wait. He says it takes a few months for a bear market to get to where it's going although this one might get there quicker. Long view, we should be ok. Short view, could be tough for a bit.
  6. I hope you do. Our company just added a lot of zoom accounts.
  7. Mother******* Trading halted right after the bell. Stocks plummet 7% right away.
  8. I don't know where this market will end up. We have maybe 50k in cash right now but we're just holding until things get settled. I actually wish I had sold like Mike but at this point, I'm committed to riding it out on the holdings I have. But I'm not adding right now. The virus is not going away and it's huge disruption on daily life. What happens to the market if we're pulling the national guard out to quarantine Chicago, Minneapolis or St. Louis? The NYTimes report about Seattle was really bad. Major sporting events are going to be cancelled or played without fans. Local economies are going to be disrupted significantly. I'm sure there will be some yo-yoing but I'm not a smart enough trader to get on those. Yesterday I was feeling good about Disney - today it dropped 5%. I don't know were the bottom is but I don't think we've gotten there. We've just entered a bear market but we could easily lose another 20% or more.
  9. Nice write up, Seth. I still have big hopes for those four hitters. I think all will make the majors.
  10. So today was even worse than I expected. Sold a few things at a loss although we'll get some tax incentives for that, I believe, over the next few years. Russia and Saudi Arabia's oil war is really bad for my portfolio.
  11. Virus and now an oil war - tomorrow is going to be another really bad day.
  12. I think the 2012, 2016 and 2018 draft classes are going to be huge for us.
  13. I know there are deals to be had but I think we just have to wait a bit before we're going to add more. We've lost a TON in these two weeks. I want to see where things settle before jumping back in, which might be a bit. I think certain sectors that are being crushed - banking and energy - will have some huge value buys in the long run. Tech (broadly) seems to be holding up relatively well - ROKU might be a bargain, I like that stock a lot (which probably means it falls to 90 soon) - but stocks like Apple and Square seem to be doing (more or less) ok. Outside of Pfizer, I don't have anything that could even broadly be considered "healthcare" but UNH and ABBV look promising and we've thought about both.
  14. Down 700. I dunno. Hold and wait it out. But I also had that opinion in 08 when Wachovia was still in existence.
  15. I assume you meant UNH? I probably won't sell any of my holdings but we're still in it for the long haul - I'm not expecting an early retirement. But I think the next few years will be iffy so it might be good to sell now and pocket your earnings.* * I'm not a financial adviser and know nothing.
  16. This is how I feel after talking with some folks who do this a lot more than I do. Someone said he expected a 10% drop and that was BEFORE the virus. It was only a matter of time. My wife will probably make a purchase into her IRA (probably Disney) but the rest of our cash is probably going to the sideline for a year or so.
  17. Looks like we're in for another really rough week. https://www.cnbc.com/2020/03/01/awaiting-us-stock-futures-open-at-6-pm-after-wall-streets-worst-week-since-2008.html
  18. Yeah, really rough day again for us. We hold primarily in three areas - banks, oil, tech. Banks and oil are not doing well at all. WFC at 40? Cripes, that might be approaching a ten year low. Fortunately we have a bunch of cash hoarded up. We'll spend the weekend discussing things but probably will buy in to the market to some extent next week.
  19. I watched like five minutes of the Twins on tv the other day and this huge dude comes to the plate and I wondered who that was. It was Blankenhorn. That guy is freaking huge now. I have no idea how much weight he's put on since we drafted him as a high school senior but he looks like a major leaguer now. Of course, I thought the same thing about Kohl Stewart but still, it's amazing how big these kids get a few years out of high school. I think Blankenhorn could be a guy that ends up crediting his success to Donaldson, esp if he has a power surge this year in AA or AAA.
  20. So the last two days have hurt. My apologies, I bought stock a couple weeks ago. This is my doing. In related news, Bob Iger has stepped down from Disney - https://www.cnn.com/2020/02/25/media/bob-iger-bob-chapek-disney-ceo/index.html We own a bit of Disney and tend to like it. It was around 145 a while ago and fell to 128 today. I have no idea when the market will correct itself from the virus fears and there are other outside influences that are greatly going to affect the market in my opinion. So Disney might continue to fall or just stay flat but it's a nice stock in the longterm. We might buy more at this price, although it would be a small purchase at this point.
  21. Actually it would probably be better if we divided up the moves - a lot of the transnational moves - trades, drafts, etc have left me a bit cool and that's probably more about Levine. Some other stuff - institutional matters, promoting Sean Johnson and Brad Steil, some coaching changes etc are probably more Falvey and I'm more confident in. I hated the fact that the FO threw up the flag at the deadline in 17. I hated that we kept Molly around an extra year. I don't like that we got taken in the Pressly trade or the sub-optimal returns on most of the trades we've done.
  22. I don't think I've ever seen anything out of Rosario that would suggest he would do this.
  23. *whispers back* But Ryan still gets blamed for the Smith drafts ... In all honesty, while 09 was an a great year it's also worth remembering Polanco and Kepler were not top international prospects. Both of their signing bonus were in the top 20 that year but not in the top 15. A reminder that the international signings are a real big crap shoot but also that those two worked their asses off to become solid ball players (no point in arguing over which development team should get credit).
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