Thread: ILoveTDs Account Talk

Originally Posted by ILoveTDs

I am not the most savvy investor but energy overall was down last year and i think it might have a good bounce this year- especially going into the summer. Although not energy I think FOE will go in the direction of energy.

Both are relatively cheap in the cost per share and I only plan to invest about $1K, so I'm not going to put it in Apple or Price line and get 2 shares. They are both price relatively well within their 52 week range. I'm looking for stock with the opportunity to increase in price as oppose to paying a dividend as i am invested in WWE to cover my dividend revenue.

My target is about 15% sometime in June. The downside is the relative price leads the stock to more volitility- a .25 or $1 drop is a huge %.

I think this has been discussed before, so forgive me if I'm being repetetive. But what's the difference whether you get 2 $500 shares or 100 $10 shares? Both equal $1K, and they'll move in terms of %, not dollars and cents.

Originally Posted by Sensei

I think this has been discussed before, so forgive me if I'm being repetetive. But what's the difference whether you get 2 $500 shares or 100 $10 shares? Both equal $1K, and they'll move in terms of %, not dollars and cents.

Bingo. I stopped tracking $$ and now only track %%

Agree with both you Sensei and RMI, it is more accurate to track by %% not $$, as ultimatly %% is the only thing that matters.

However, I find it way more UNLIKELY a $500 per share stock will break $1,000 a share within 52 week or go bankrupt within 52 weeks. On the other hand I wouldn't be suprised at all to see a $2 per share stock reach $4 within the next 52 weeks or become completly worthless. Therfore, my experiance is stock price does lend information about the stocks risk and volitility. If I was in my 50's Apple, Google, and PriceLine would be attractive to me, but I'm in my 30's so I like looking at the PINK sheet and taking more risk

Originally Posted by Sensei

I think this has been discussed before, so forgive me if I'm being repetetive. But what's the difference whether you get 2 $500 shares or 100 $10 shares? Both equal $1K, and they'll move in terms of %, not dollars and cents.

You gotta take the fees into consideration. If you have to pay a fee to purchase PEIX, the cost basis will have you in the negative. $8 to purchase a $1 share doesn't make too much sense.

Originally Posted by jpcavin

You gotta take the fees into consideration. If you have to pay a fee to purchase PEIX, the cost basis will have you in the negative. $8 to purchase a $1 share doesn't make too much sense.

$1000 invested
1000 shares of $1 stock, add 0.8 cents per share for fee means a move to $1.008 puts you even. 0.8% gain
10 shares of a $100 stock, add 80 cents per share for fee means a move to $100.80 puts you even. 0.8% gain

Share price doesn't matter...

I hope my math is right

Originally Posted by RealMoneyIssues

$1000 invested
1000 shares of $1 stock, add 0.8 cents per share for fee means a move to $1.008 puts you even. 0.8% gain
10 shares of a $100 stock, add 80 cents per share for fee means a move to $100.80 puts you even. 0.8% gain

Share price doesn't matter...

I hope my math is right

I'm still not getting it. $8 on a $1 share that moves to 1.08...still in the hole for me.

I think we are talking about different things. I understand what you are trying to say. I am just saying it's not worth paying $8 to purchase one(1) share of a $1 share. How long would it take just to recoup your $8 if you only had one share worth $1?

The difference is in 1000 shares versus 10 shares. You make one point on 1000 shares and you have $1000 worth of gain - subtract $8 from that. I owned many shares of RT back in 2008 at $0.89 and it made a run to $12 off the March '09 lows. Now that was a nice gain and I still own even more RT stock.

Originally Posted by Birchtree

The difference is in 1000 shares versus 10 shares. You make one point on 1000 shares and you have $1000 worth of gain - subtract $8 from that. I owned many shares of RT back in 2008 at $0.89 and it made a run to $12 off the March '09 lows. Now that was a nice gain and I still own even more RT stock.

Yes, but if you only bought 1 share you would have made $3.11?

I'm feeling the earth move under my feet - see Ferdy run. Short covering will take us to 12,800 before we close. Snort.

Originally Posted by jpcavin

Yes, but if you only bought 1 share you would have made $3.11?

why would you only buy 1 share of a $1 stock... I am not understanding what you are getting at