OddStockTrader Scan 3/14/2019 (Long Term Ideas.)

by | Mar 13, 2019

Going to throw a different type of scan at you tonight. Wanted to see what you guys think of this format for some of the big name real companies out there. Reminder to keep these ideas SMALL, Small confirmations that have no massive day to day risk but might work to outpace the overall market.

TWTR – I wish I could draw the lines on here and show you quickly, with Facebook suffering a massive outage that currently is still going on and Twitter is just fine is very interesting to me. I think with the $26 risk and the massive year wedge to here is a decent risk reward setup for something long-term.

FB – I think the gig is finally up, NYT reporting criminal wrong-doing within the company along with this perfect head and shoulders, expecting Facebook lower from here.

GOOGL – Same as above, the landscape of internet media companies is shifting beneath us, finally a retest of the uptrend line broken EOY last year. Thinking we see sub $1000 this year.

ATVI – Just a name that I like in the gaming sector, these type of drops happen in this sector but really think mid $30s are a decent risk/reward.

MSFT – The beast the will be the leader like in the 90’s. So many things are coming out of Microsoft that Apple can’t seem to even envision. Said this in 2016 about the two… https://twitter.com/OddStockTrader/status/791015485387120640

GPRO – Just a name really, nothing coming out of the company meaninful. The botched the drone race and DJI smokes them in every single aspect. I would go full bull if somehow GoPro bought out DJI.

ARLO – Old Netgear product. I think they blew the subscriber option that Nest seemed to nail. Nest limited the full functionality of the camera where ARLO did not. Nest was able to make $ each month off their customers.

GNC – I still get my supps from here vs. Bodybuilding.com now. They tend to have some great products and are in the game of selling most items under their own label brand.

FIT – Finally got a Fitbit, and several retailers were sold out of them during holidays. I feel like my though was right here as they would blowout 4Q earnings but guidance is the market is everything.

7 Comments

  1. Thanks for doing big caps tonight, much appreciated.

    Reply
  2. Like the big caps. Thank you.

    Reply
  3. I like small caps and swing trades in case you wondered 🙂

    Reply
  4. I appreciate all your watches as an experienced and successful trader.
    What I like the most about following you is your usual think outside of the box watches/trades, it does help me to look at the broader picture for trading. Or to put it in the simplest words possible your OTCs and usually off the radar picks

    Reply
  5. Thanks, it was nice to have some Large Caps in here!

    Reply
  6. Thanks for the out of boxes ides. I am working on building my account. 👍

    Reply
  7. Thanks for doing big caps.

    Reply

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