iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

Grandpa OA Buys

Having liquidated a few long term holdings over the last few months, I made room to take some new makes and models out for a spin. Therefore, I am pulling my investment card out, and taking advantage of entry points that cannot be passed on.

I have purchased shares of SINA and shares of OIBR. Both of these I have been stalking for many months, as you may well know.

Again, these are investments. These will carry me for the next few years. Should you decide to wait until these are up 50% to buy, then riddle me with questions on how to manage it when it goes down, you can certainly go to hell. If necessary, I will average these down lower, but I believe downside is limited.

On the topic of long term ideas, I am jonesing for some long term action in Emerging Markets, particularly Brazil or China. I missed the pull on PBR, but aside from that, any hot tickers you are watching?

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36 comments

  1. Option Addict

    I like SID

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  2. gasman

    $VMEM (aversion/vol pocket), $TPLM (added more to stock position). Long-term chart of natty futures looks really bullish to me, so I’m keeping an eye on most of the energy plays we’ve talked about in AOWOA (KWK, PXD, NOV, etc)

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  3. UncleBuccs

    BSBR clearly climbing the Wall of Worry. Maybe put on watch for a future Aversion play?

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  4. sandwich

    RNDY is on my watchlist… BONT is still my favorite

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    • sandwich

      RNDY for the oversold value play… BONT for buyout candidate which it’s growth expectations have been revised massively higher in the last month

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      • cheesetrader

        like the RNDY call – already have some WFM – moar grocers!!!!!

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  5. gasman

    Also thinking about adding to $PHOT position here and am scanning other pot stocks for bargain picks.

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  6. malloyo

    Jeff without fail it seems you make at least one post a day that just makes me chuckle. Brightens up the whole afternoon.

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  7. gasman

    Just looked at $ONVO price/chart. Don’t like to catch a falling knife but it looks pretty damn oversold and seems to be catching a bid. $AAPL calls very tempting here too

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  8. backinblack

    OA do you still like RVLT? What are you thought on initiating a long here?

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  9. twinkies

    sold my April Z calls on the breakout back on the 3/19.

    but it might not be a horrible idea to get back into those same calls on this re-test here. Looks like a good spot.

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  10. j livermore

    I like accumulating $NUS

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  11. yoshii11

    made the SPLI investment today…investment not trade…unless I’m surprised with quick gains. This can drop much further, but I’m willing to own for longterm and have to start somewhere.

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  12. nate

    I turned some of my PLUG profits into YGE shares today.

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  13. hattery

    I took a small loss in Roiak

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  14. hattery

    Love the SINA pick, I grabbed a LEAP.

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  15. daveh

    CREE is a complete piece of shit.

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    • cheesetrader

      @Dave – was just looking at that – lots of support right below. Seems like a logical “investment” – which makes is a shitty trade I guess

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    • yoshii11

      stinks today, but on a longer term chart, you have something to work with IF this is the handle that is forming. it’s a stock with a story to support it, so you have that working for you if you are long term stock.

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  16. formergeek

    $EC left station without me, Sigh

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  17. yoshii11

    LVGI, just a reminder for anyone stepping into the under $1 game or some of the weed stocks…you are in for small swings in price that translate into big swings in % gains/loss…even intraday. This example is of the more volatile in nature, but it highlights what can happen very quickly…good/bad.

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  18. formergeek

    Props to ChessnWine for the $CPL call a while back. One of his posts got me into $AA back at $8 a share

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  19. tmamoyac

    Anyone have any thoughts on sohu? This is my long hedge and am getting blasted.

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    • yoshii11

      if you’re in stock at this point, can you stand the heat to 60? not saying it will get there, but that’s where it could make a reasonable stand. The next stop after that is the early 2013 highs. It has almost 17 days straight down…that’s when I’d ask do I expect that to continue without any relief rallies. I’d hold with a longer term view…knowing that this isn’t necessarily the bottom. Fundamentally they stated 2014 would be a year of investment – thus impacting bottom line performance posturing for long term success. That and the COO leaving didn’t help any.

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    • Option Addict

      Buy FSLR instead.

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  20. JStar

    In addition to PBR, I like to play CIB as well. I have I started a position in CIB back at $45, but like you, nissed the PBR entry.

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  21. gatorsun

    GOL

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