Wednesday, September 2, 2020

Stock Talk: Trading vs Investing: "Go long" with Walmart and Apple?

 

Stock Talk

Trading Inovio:  After Inovio stock got whipsawed from the 20's into the teens, I changed my view from a long stock to a trading stock.  I  posted the new view last month and trimmed some shares with each whipsaw lower.  When the company failed to answer the short seller critiques red flags got raised.  Waiting on a "peer review" that kept being put off while other's in the vaccine race advance into Phase 3 trials has caused INO to be slammed into the $10 range today.  At some point, the market speaks loudly and perhaps that point is today. I am out of Inovio and let it go for now.

Walmart (WMT) The news of a $98 a year subscription and free delivery service to compete with Amazon.   It seems that Walmart has solidified it's position in this Corona world and may be stepping up to the challenges that Amazon presents.I started a small position in Walmart. One thing about Walmart is that there is a store within 10 miles of most everyone.  The grocery delivery aspect of the $98 subscription service could really take hold and grow Walmart into being a very real competitor with Amazon.  I think Amazon needs some competition by an entity that continues having a store front in America.

Perhaps a few some shares of Walmart and Apple will take hold and be the long shares for the future.
 
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ALL in my humble opinion, scroll down and read more.. 

This site does NOT make Buy / Sell recommendations.
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