Take a Tinker recommendation.
Follow it up with a reluctant low-conviction purchase by Dreamer.
Mix that with a day or two for Dreamer to ponder that he has too many stocks in his port.
Dreamer sells Tinker recommendation.
Stock immediately goes up 10% more from that point. In, like, a couple hours.
WTF.
FML.
Dreamer
sorry…wrong board…meant to post this on NPI. ha.
I sold Pivotal this morning to consolidate my stock picks a bit, and was mocking my regrettable timing.
Nothing to see here.
Dreamer
Don’t feel bad - I think we all do that (more often than any of us would like to admit). If it wasn’t for our mis-timed selling, I suspect the market would never go up 
Jeff
Dreamer, correct me if I’m wrong but didn’t you recently get into ZScaler (ZS) or was taking a look at it?
I hope you picked up some, because check out that one after hours. Great earnings report!!
Revenue grows 49% year over year to $49.2 million
Calculated billings grow 73% year over year to $54.7 million
Deferred revenue grows 61% year over year to $124.8 million
Dominic
Long ZS
Dreamer, correct me if I’m wrong but didn’t you recently get into ZScaler (ZS) or was taking a look at it?
I hope you picked up some, because check out that one after hours. Great earnings report!!
–
I never did buy it, because it was up 106% on day of IPO and never came back to Earth.
May be a great LTBH, but I think it has a higher P/S than SHOP, as an example, and that was before the move in AH just now.
Basically they are about a $200m/yr in projected 2018 rev with a mkt cap of around $3.75-4B.
(They have a skewed reporting calendar, I believe, as their guidance is for $185m for their fiscal 2018)
FCF was 7%, so using Rule of 40 that puts them around 56, which is awesome for sure.
Guess I should have bought at $25! 
Dreamer
Dreamer,
Just an observation here, but I’m seeing a lot of regret on not buying or not selling at the right time.
To me, investing is about looking longer into the future. Once I’m in a stock, I’m in it for a good chunk of time.
The market generally moves in spurts that cannot be timed as when to both get in and when to get out.
The best strategy is looking today forwards and asking which do you expect to be growing at a continued pace a year or more from now. Then place a bet.
Maybe place small bets to start to see if it grows as you expect, or to force yourself to follow.
Or if you are going to sell - trim - don’t go whole hog.
Just a thought on how to perhaps hold on a little longer.
There are still stocks out there I’d like to place small bets in but I don’t hold a strong enough conviction of their future path. I don’t bet on them. I hope they are winners, but until I can have strong enough conviction to ride through a 50% slump, I’d rather continue to research (of which this board s tremendously helpful in my learning how to deal with SAAS stocks, etc)
My two cents, and we are in a lot of the same stocks from the tech perspective, so just encouraging a forward focus for our own sanity.
Just a Fool,
Expecting to ride through a 30% loss of current stock value one day, only to see it grow back again.
Just a Fool,
Expecting to ride through a 30% loss of current stock value one day, only to see it grow back again.
As a rule, I do not average down. In fact, I am trying to train myself to average up, like Saul.
However, in the case of NKTR, I had a cost basis of about 78 dollars a share and added a couple of times on the way down. I think the last little bit was in the low 50’s.
Think or Swim still shows me with a loss on NKTR, 3 percent or so, I think. However, this is because I felt the market was completely wrong on this one.
I might add, we all make mistakes and I managed to sell AMZN, GOOGL, NVDA and CDW on the break out Monday. OUCH!
So be it. I will get around to buying them back. But, I sold something else, ANET so had the cash to buy more NKTR and actually quite by accident bought a few shares of NTNX which I had sold out of.
I know, sloppy thinking, sloppy execution. I am working on it.
Cheers
Qazulight
The best strategy is looking today forwards and asking which do you expect to be growing at a continued pace a year or more from now. Then place a bet.
I get it.
I tend to put money where i feel it can best go to work both ST and LT (ideally).
My port completely turned over in May. I had a snapshot of my March 21st positions and noted at end of May they were all flat or down except MDB and TTD. The other 5-6 were essentially dead money from march thru end of May.
Luckily for me i didnt stay in them and except for TTD my entire port turned over. Some of these were newer stocks which i felt had ample room to run while my previous port felt peaked out a bit.
My entire port was up 40% in May it turns out.
I would prefer to stay in a stock for 2 years and just read the ERs along the way, but there are things like port rebalancing, valuation, and my personal goals that i am tracking.
Saul may not have set end goals for stocks when he buys them, but that works for him. He also has a completely different port than 18-24 months ago.
I definitely trade too much, but it also forces me to learn and weed out stocks i dont have the highest conviction in.
I recently weeded my watchlist of approx 40-50 stocks down to about 20, including the 10 I own. I still want to reduce that further.
But that is just my process and it may very well be a poor one.
I would argue that i take the time to understand the vast majority of the stocks I buy. Plenty of knowledgeable posters smarter than me here and on NPI, but i notice an awful lot of consistency among stocks many posters state they own.
I just use the boards to think out loud, as i have no one else to really discuss this with. Such is the married with kids life.
Dreamer
QLight…Did you also sell Village farms? Big increase last 2 days…Seem to recall something like, one would need to take them off your dead hands?
Yes, I have been out since 5.50 last time. I had a buy order in just below 4. This whole market has me flumoxed.
I will probably buy after the next earning report. Before this last weeks insantity, the computers would see rising losses, lower revenue and start selling.
Has Village Farms has taken vegatable production off line to convert to cannibus and they have diluted shares and taken on debt, the finacials look worse each quarter. Moreover, they will continue to look worse this quarter as the first sales cannot take place until July 1.
The second quarter report should be out in August. (They are slow.) It will not be pretty. I will wait until the report comes out to buy back in.
Cheers
Qazulight
seen NPI mentioned a few times - dumb question what forum is that :)? And first time posting on this discussion board - have learned a lot and thanks again for everyone in the community who keeps providing such valuable insights.
NPI=New Paradigm Investing (board)
Rob
http://discussion.fool.com/new-paradigm-investing-114933.aspx?mi…
New Paradigm Investing (NPI) board.
Sauls board stays more on-topic - just fair warning. 
Dreamer
‘A wretched hive of scum and villainy…’ with some real solid investing discussion/analysis thrown in as well.
Sauls board stays more on-topic - just fair warning.
Dreamer
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‘A wretched hive of scum and villainy…’ with some real solid investing discussion/analysis thrown in as well.
Seems that this week has stayed rather remarkably on-topic (with the topic being investing). That might be a reflection of the market having been doing quite well for the past few weeks.
volfan84
long NPI board ; long Saul’s board
I would argue that i take the time to understand the vast majority of the stocks I buy. Plenty of knowledgeable posters smarter than me here and on NPI, but i notice an awful lot of consistency among stocks many posters state they own.
That is a big item for me. If I do not understand something major about how the company makes money, I’ll be very blunt, I won’t buy. Period. I figure if the company has made it difficult for me to understand, there is a reason, and I do not need to be in that company.
Like I said, that is a personal thing for me.
Kathleen