Where would Piggs buy the stock market?

[The-Shoveler]

That was a true classic TG.

I am going to save that one.

WW well, yep one things for sure, there sure is not enough gold around for something like that to happen, could you see gold at say 16 thousand an oz, everyone would be melting their wedding rings and digging in their neighbors yard.

Seriously though that would be fun to see I think.

[moneymaker]

Just thought I’d resurrect this old thread and say I did make a litle money on BAC, now I think the play is HPQ. It will be a long play, so not for the squeamish.

[spdrun]

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[earlyretirement]

[quote=moneymaker]Just thought I’d resurrect this old thread and say I did make a litle money on BAC, now I think the play is HPQ. It will be a long play, so not for the squeamish.[/quote]

Yeah, I did really great on BAC as well. I kept selling the forward month covered call options but it finally got called away last month. I made great money selling the covered call options each month.

My latest stock I’ve been doing that with is NOK. Bought a TON of it very cheap this summer and I’ve been selling the forward month $3 call options. Some months when it was near $3 the covered call option premiums were VERY GOOD. I just keep selling the forward month$3 option and so far it keeps expiring worthless.

It’s been a great investment so far. I realize the technology there and their phones are dinosaurs compared to Apple, Samsung, etc. but people in the know tell me their patent portfolio alone are worth a fortune.

So far the risk/reward ratio has been worth it to me.

[Coronita]

[quote=moneymaker]Just thought I’d resurrect this old thread and say I did make a litle money on BAC, now I think the play is HPQ. It will be a long play, so not for the squeamish.[/quote]

HPQ is a disaster in the making me thinks….You realize their strategy (if they have one) is to go after the tablet market with a $800+ windows 8 hybrid product? Not narking windows 8…Seriously, there’s a price war looming, and HPQ is entering with a $800 product?

Also, as color commentary. I’ve tried partnerships with HP before in my previous career role. The are frickin dinosaurs. For the longest time (1) they’re arrogant as hell (2) completely behind times in forward thinking…If you want to really roll the dice on tech, take your chances on AMD…. If ARM architecture does catch on in the enterprise hardware world, AMD should be the first in line (since no one else is thinking ARM and enterprise hardware right now)…AMD has to because it’s on it’s death march…

ARM on the other hand is gonna be a huge beneficiary..Well, it already is…

I really hope you’re not adding more to a position that you mentioned you entered back in june 2012.
The problem is that if one trie to pick individual finished products supplier, you’re gambling on wo will win the PC versus tablet/mobile war…

HP is in a very bad situation in which you have a bunch of companies in china and taiwan (Lenovo, Acer, Asus) that don’t mind trying to squeeze margin’s of the pc business
down to a pulp, at a time when margin’s on the pc business is already incredibly thin.

http://www.zdnet.com/lenovo-tops-hp-to-become-no-1-pc-maker-7000005576/

..And then, HP’s late to the tablet/mobile space war where with the exception of Apple and possibly Samsung, the margins are pretty thin too. All other top PC makers have a tablet play (albeit with limited success)… Asus’s got the jump with the Nexus 7. Acer had the iconia, Lenovo’s got the meh IdeaPad and ThinkPad lines…and Dell gets a best effort award for the craptacular streak and latitude tablets…..HP? nowhere…..

You’re already willing to gamble in tech, in this specific space, you’re better off gambling in the suppliers to this tech war who provides “guns and amno” to both sides of the war..That way you don’t care who wins the war, as long as someone is buying the “guns and amno” to this war…In fact, contrary, the longer the war, and the more people that fight in this war, the better off you’ll end up being because, the more amno everyone needs to buy… The guns and amno is basically the hardware and the software that’s going into this…

So your plays would be to find out who’s supplying apple, who’s supplying google, who’s supply microsoft, and who’s supply samsung..and to a smaller extent, even amazon now (yes, they have a very interesting direction)……. And where each of these companies are taking their respective products down the road… Let them fight…The longer the better…The more bloodshed, the more guns and amno they need…Good… Bring it on.

[birmingplumb]

You had me at “me thinks”. How about a stock? Gave up when ONT devoured by Google. “Best codec ever” at best time ever can’t miss , and it was a ammo supplier. Just need something to buy a few shares of to get me involved again. Great post.Motown

[Coronita]

[quote=birmingplumb]You had me at “me thinks”. How about a stock? Gave up when ONT devoured by Google. “Best codec ever” at best time ever can’t miss , and it was a ammo supplier. Just need something to buy a few shares of to get me involved again. Great post.Motown[/quote]

[quote=birmingplumb]You had me at “me thinks”. How about a stock? Gave up when ONT devoured by Google. “Best codec ever” at best time ever can’t miss , and it was a ammo supplier. Just need something to buy a few shares of to get me involved again. Great post.Motown[/quote]

There was a thread we kinda were discussing awhile ago…
http://piggington.com/its_up_how_much

Imho,

1. stay out until next year.

2. Unless you have a huge risk apetite, stay out of tech. More than often, you’ll get slaughtered, because your decisions is based on information from a third party unless you happen to be working in the industry(ies) and can spot the tech trends more clearly and earlier than everyone else. By the time you wait for Goldman/Morgan Stanley/etc to recommend a buy for you, you’re already buying at the peek. And most likely you’re buying based on inaccurate analysis. You have a bunch of wall street “analysts” who are essentially non-techie trying to make heads and tails of an industry that is always changing very very rapidly. If they get something right, it’s because even a malfunctioning clock that doesn’t move can display the correct time twice a day.

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