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MTN Shares Pick Alert / My Stock Plays in US Stocks Market / Buying US Stocks From Nigeria (2) (3) (4)
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Re: Us Stocks Pick Alert by Predstan: 8:06pm On Jul 06, 2020 |
Jotrade:What's the best advice? |
Re: Us Stocks Pick Alert by OakPearl(m): 8:29pm On Jul 06, 2020 |
Keinding: Oh gosh! Am biting my fingers now for skipping no. 4 in error. Though we on the Fintechs side of the divide (Trove, Chaka, Bamboo) can't access it for now, our brothers abroad can make a kill. No. 4 is AYRO. AS at the time of posting this morning, its last closing price was $3.27. As I type this, it's $5.33, a whopping 63% gain today!!! At least I would have tipped it for YerYer when he asked but it skipped my memory while making that post. Now you see why I was biting my fingers? Painful. |
Re: Us Stocks Pick Alert by OakPearl(m): 8:32pm On Jul 06, 2020 |
YerYer: Na greed dey do them. Postmates themselves were to do an IPO but chose the easy way out. Na den I for buy based on this deal but den no dey listed. |
Re: Us Stocks Pick Alert by OakPearl(m): 8:34pm On Jul 06, 2020 |
YerYer: Bwahahahaha These my two Ogas YerYer and Seyisanya dem no go kii me wit laf oh. ; 1 Like |
Re: Us Stocks Pick Alert by 1kinggy(m): 8:44pm On Jul 06, 2020 |
YerYer: They need the market share. |
Re: Us Stocks Pick Alert by 4Play(m): 8:55pm On Jul 06, 2020 |
OakPearl: The problem is very few people, not even professional investors, have a chance of knowing beforehand what stocks will prove to be a success. There is a lot of hindsight bias1 amongst investors - we look at a stock that exploded and conclude that we ''shoulda woulda coulda'' bought the stock and held on till we reaped loadsa money and that we will find the next bonanza stock(s). The reality is most stocks are duds over the long run so your chances of finding that great stock and holding on to it, as it rises and falls, are fairly slim. And it's not even about buying a growth industry stock like Tesla and NKLA with electric vehicles or Beyond Meat with artificial meat. An industry can be a success but most of the individual stocks within that industry can be widow makers. Think of the tech bubble that started in the 1990s and remember names like Blackberry, Motorola, Nokia, Yahoo.com, Palm (of Palm Pilot fame) etc. These companies operated in industries that were eventual successes but the stocks, like most stocks, proved disappointing. So, once again, my message is investors shouldn't overestimate their stock picking skills or fall foul of overconfidence bias.2 Obviously, in this environment where stocks are generally on the rise, most people might start letting their guards down. My stance remains that most people are safer just choosing indices. If you feel you are skilled enough to pick the right stocks, be prepared to lose or to experience average/mediocre returns over the long-run (over the course of years). Yes, there are anecdotes about investors/traders experiencing stunning successes but, like a lot of things in life, those are the exceptional cases and not the norm. Preaching moderation/caution to people on this thread might feel like preaching chastity to punters in a brothel but someone has to do it! 1. Hindsight bias is a psychological phenomenon that allows people to convince themselves after an event that they had accurately predicted it before it happened. This can lead people to conclude that they can accurately predict other events. Hindsight bias is studied in behavioral economics because it is a common failing of individual investors. https://www.investopedia.com/terms/h/hindsight-bias.asp 2. Overconfidence Bias in Finance and Investing https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/overconfidence-bias/ 4 Likes 1 Share |
Re: Us Stocks Pick Alert by YerYer: 9:18pm On Jul 06, 2020 |
OakPearl: You make me miss this bread today. they were up 100% at one point. Man I've so overwhelmed with work, i don't even have time to research stuff, na just work and sleep. But I've added AYRO to my watchlist. EV is the new goldmine! |
Re: Us Stocks Pick Alert by YerYer: 9:20pm On Jul 06, 2020 |
OakPearl: Na fear catch them. Too many people to compete with, door dash, Uber eats, delivery.com, grubhub etc. Maybe they figured it will be harder to compete with the big boys in the long run. Can't blame them. |
Re: Us Stocks Pick Alert by YerYer: 9:21pm On Jul 06, 2020 |
1kinggy: That makes sense. Na so dem pursue Lyft commot New York. |
Re: Us Stocks Pick Alert by YerYer: 9:25pm On Jul 06, 2020 |
YerYer: Amazon crossed the $3000 mark, currently up 42% and plan to hold. 1 Like
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Re: Us Stocks Pick Alert by Penboy: 9:30pm On Jul 06, 2020 |
YerYer: That's like how much profit already?! Enjoy bro. � |
Re: Us Stocks Pick Alert by gamaliel9: 9:54pm On Jul 06, 2020 |
Retail investors are really powerful this time thanks to online investing...just from your toilet you are buying and selling shares... 1 Like |
Re: Us Stocks Pick Alert by arduino: 9:57pm On Jul 06, 2020 |
YerYer: Wetin dey happen to Twitter nah?? Go front......No, oya go back.... Mba 2 Likes |
Re: Us Stocks Pick Alert by Multiplier7(m): 10:40pm On Jul 06, 2020 |
gamaliel9:Hi, am a beginner on US stock markets. The minimum amount to use in buying US stock is how much pls? And again if shares bought didn't go your prediction, can someone wait till the price goes up before selling? Thanks in advance |
Re: Us Stocks Pick Alert by Penboy: 10:51pm On Jul 06, 2020 |
Multiplier7: Depending on the broker. Some require minimum of 10 dollars to invest. And yes, you can hold your shares to whenever you feel like selling. |
Re: Us Stocks Pick Alert by ebuka1997: 12:16am On Jul 07, 2020 |
YerYer: Its probably as a result of competition in that space from the likes of grubhub and door dash. Uber, door dash and grubhub are the 3 biggest food delivery companies, uber initially wanted to buy grubhub to consolidate but it wasn’t successful. 1 Like |
Re: Us Stocks Pick Alert by Multiplier7(m): 1:25am On Jul 07, 2020 |
Penboy:I downloaded trove app ... Thanks for answering |
Re: Us Stocks Pick Alert by DexterousOne(m): 2:12am On Jul 07, 2020 |
gamaliel9: The institutional investors are still the ones who drive the volume in the market |
Re: Us Stocks Pick Alert by Jotrade: 6:46am On Jul 07, 2020 |
Do you thing TSLA is still a good buy, because am still holding my position I buy when the price was $967 three weeks ago. |
Re: Us Stocks Pick Alert by Skymoore1004: 9:36am On Jul 07, 2020 |
Going to buy 2 shares of TSLA, just waiting for bamboo to clear my deposit. Jotrade: 1 Like |
Re: Us Stocks Pick Alert by Jotrade: 10:13am On Jul 07, 2020 |
I have 4 and am going to add two more. |
Re: Us Stocks Pick Alert by yok: 10:46am On Jul 07, 2020 |
mission08: Good start congrats. |
Re: Us Stocks Pick Alert by OakPearl(m): 11:30am On Jul 07, 2020 |
YerYer: Lolz @ "Na fear catch them." At some point they wanted to even buy grubhub. |
Re: Us Stocks Pick Alert by OakPearl(m): 11:31am On Jul 07, 2020 |
YerYer: Sorry bro, my bad. Very regrettable. Na the same wahala of time cause am. 24hrs no dey do again. |
Re: Us Stocks Pick Alert by OakPearl(m): 11:32am On Jul 07, 2020 |
YerYer: This one na world beater. Enjoy your loot bro. More wins. 1 Like |
Re: Us Stocks Pick Alert by Skymoore1004: 11:46am On Jul 07, 2020 |
Please do you advise I buy NIO? What do you think? OakPearl: |
Re: Us Stocks Pick Alert by OakPearl(m): 11:47am On Jul 07, 2020 |
4Play: Its good to have a voice preaching caution and it is very welcome on this forum. I also agree with you that "...most people are safer just choosing indices." That means the few left wouldn't invest their entire war chest in indices alone. They are the ones investing in stocks. We will serve them. 1 Like 2 Shares |
Re: Us Stocks Pick Alert by OakPearl(m): 11:49am On Jul 07, 2020 |
arduino: This na the type wey no go gree move. But immediately you sell, the thing go rocket, and you will be left wondering what your offence was. 3 Likes |
Re: Us Stocks Pick Alert by Skymoore1004: 11:55am On Jul 07, 2020 |
Please advise on which stock to buy. I’m already buying Tesla, and Apple today. Any other I can add? Boeing? Nio? OakPearl: |
Re: Us Stocks Pick Alert by OakPearl(m): 11:56am On Jul 07, 2020 |
Skymoore1004: Buy NIO and add patience. If you can time your entry below $10, better. But if your investment horizon is long term like me, buy now in tranches so you can average down your cost of purchase if it reduces after your first tranch. Na so I delay to add to my position when it got to $6 from the $3.02 I bought it...now na $11. |
Re: Us Stocks Pick Alert by Skymoore1004: 11:59am On Jul 07, 2020 |
What do you think of Boeing & fedex? OakPearl: |
Re: Us Stocks Pick Alert by OakPearl(m): 12:02pm On Jul 07, 2020 |
Skymoore1004: Your picks are solid. You see that Apple? It is another "time bomb" waiting to explode into the $1,000 region. People no go see am now, or them fit think say e too cost. I have responded to your NIO enquiry earlier. They are utilizing their $1bn facility very well and sales are doing great. Q3 report will make it fly. BUY sir. 1 Like |
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