Long Position on Silver and Gold?

[beast556]

Reminds me I need toget some more bars.

[MrPrena]

MrPrena, if it makes you feel any better, I sold my AMD stock 20 years ago and forgot to buy again on the next dip. Worse, I sold Apple stock on an up cycle expecting another downturn because they had just come out with a dumbest product I could think of: the iPod. That let me walk into the Chrysler dealership and buy my next new car with a check, no loan. Never understood why in God's name someone would pay $300-400 for DRMed iPod when they could rip their own CDs and buy a generic MP3 player with more memory for $100 ... never saw another dip to buy the stock back. 16 years later, I looked at my beat-up Chrysler and figured out it had cost me $1M after repeated splits and stock growth ...

I sincerely believe that most of diciplined investors (another word, not greedy.no panicing) will have lots of opportunities like AAPL AMZN and the infamous YHOO and CSCO in the 90s.

[Sawin]

I sincerely believe that most of diciplined investors (another word, not greedy.no panicing) will have lots of opportunities like AAPL AMZN and the infamous YHOO and CSCO in the 90s.

I believe JD and anything to do with Crispr like EDIT and NTLA stand a good chance at being such opportunities... I am holding all 3 for the long term.

[MrPrena]

I believe JD and anything to do with Crispr like EDIT and NTLA stand a good chance at being such opportunities... I am holding all 3 for the long term.

Thanks for the great tip, and I will initiate the HW. It is not the sector/ind I am huge fan of anymore (pharma/biotech), but definitely would love to start the heavily beat up (distressed) or ones with good potentials.

[Sawin]

Thanks for the great tip, and I will initiate the HW. It is not the sector/ind I am huge fan of anymore (pharma/biotech), but definitely would love to start the heavily beat up (distressed) or ones with good potentials.

My pleasure. For those who don’t know, JD.com is currently the little brother to Alibaba (the Amazon of China), but JD has taken a lot of strategic moves the last year or so, which could help it overtake BABA in a number of ways over time.

[th3w01f]

Keep an eye on AOBC, up 42% on Friday

[Gman]

Keep an eye on AOBC, up 42% on Friday

That was a wild ride to watch. Funny how it wasn't covered so much in the media. There were a few articles, but that was pretty big news. I guess they don't want to mention money being made on 'guns'.

[Sawin]

JD is down a lot this morning... could be a good time to buy a few shares.

[BladesNBarrels]

52 week low for JD and Fidelity ranks it as bearish (2.8 on 10 scale)
Hmmm, might have to sell a put.

[Sawin]

52 week low for JD and Fidelity ranks it as bearish (2.8 on 10 scale)
Hmmm, might have to sell a put.

I've been bearish the last 2 quarters, buying more on dips like today, but still quite bullish for the long term... To put it in the simplest of terms, my opinion/strategy is based on the fact that China has twice the population that the US has and less than 50% of that population has internet access right now, but that's changing FAST. I am also long on BABA, but think JD has a good chance of higher % growth in the next few years...

For what it's worth, Amazon has a $1-Trillion market-cap with only 310-315 million users... JD's market cap is 38B and BABA's is 427B.... which of those two has the largest % growth opportunity given the population, internet, and ecommerce trends globally?

If I'm wrong and lose a few K, so be it, but if i'm right and that few K turns into the balance of my mortgage in 5-10 years, I'm thrilled.