BROS, CRWD, DIS, DOW, DVN, ENPH, MRVL, NCLH, NIO, PCG, SOFI, STKS. Down 4,700 YTD.
CA has set up the fire insurance fund. I think fire risk is getting less. But PCG ‘s reputation is poor. thus poor stock price. But PCG would be a beneficiary of current electrification. After all, electricity transfer would be a steady profit sources for years to come.
Fire season isn’t a thing to worry about with PCG. They literally burnt out all the fire areas already. The fire risk isn’t the same as it was 2-3 years ago
$PCG is a good but speculative/risky one I’ve been holding. Beaten down by the CA wildfire lawsuit. Probably will continue a bit downward in the short term with share dilution due to the fire fund. But they plan on reinstating their dividend next year and I expect that to give it a boost. Meanwhile they absolutely print money with 16 million CA customers.
Aside from continuing to DCA down into VTI or voo, energy is the only thing worth buying right now. It makes no sense for it to be falling with the rest of the market.
My buys: $XOM $AMPY or on the utility side, PCG is looking good.
- They are popular.
- Utilities are inherently boring, unless you're PCG and dealing with massive lawsuits or fraud. In other words, people don't talk about utilities that much because there just isn't all that much to talk about. They're not "exciting", which is why you won't see them in places like wallstreetbets. I think you're confusing online chatter from retail investors looking to get rich quick with popularity.
- They can go down. They're less risky than other companies, but anything can go down. Keep in mind, while utilities have extremely safe demand, their input costs can vary, which plays a role in their profitability. Also, their dividends can become less attractive when risk-free interest rates (treasuries) are providing a higher yield due to the fed raising rates to combat inflation.
Pacific Gas and Electric (PCG) someone has to power the teslas in the Bay Area and they are working through fire litigation. Turn around play? I’ve been looking at it. What are your thoughts
AMD- 30% AAPL - 20% PCG - 10% VTNR - 12% XOM- 8% Cash- 17%
I also have a Roth with 60% VTI, 8% VXUS, 9% XOM, 3% SARK, and 18% Cash
Yeah I bought PCG when they were $9 and in hindsight I could have F’d myself as they were in the middle of that lawsuit for starting a wildfire last year. I pretty much timed the bottom on it and I’m up 34%. My theory was that there’s no way California lets them fail. It sounds like they’ve done as much as they can this year to put lines underground and prevent further lawsuits. If I can hold them at least through 2023 they could resume the dividend which would bring back a lot of investors.
I’m aware of the Taiwan risk in AMD. It’s just been one of my top performing companies and I feel it’s worth that risk. I think China has a lot of economic reasons to keep things zen in that part of the world for the time being.
You're very exposed to China-Taiwan relations. Just in case you weren't aware. I'm in PCG too. I feel like california can't let them fail. But that's one of my riskier picks.
A mix of both. I have a taxable account and a Roth. This year and the last I’ve been more focused on maxing my Roth.
In my Roth I am mostly in index funds. My current mix is: 60% VTI, 10% VXUS, but then I have nearly 10% XOM, 3% SARK, and I also have 17% cash in that account.
My taxable account is a smaller account, which I have cut down considerably in the past year or so to tax loss harvest and focus only on my winners. Current mix: 30% AMD, 20% AAPL, 10% PCG, 12% VTNR, 8.5% XOM, and 16% cash. Not counting losses from what I’ve sold(about -4%), these positions are +17% in a year.
I haven’t quite decided how long I’m going to try to hold the energy names(Exxon and Vertex), it’s complicated by XOM having a great dividend. I may very well take some profits off and throw it in to my “buying the next dip” cash. Which I’d say my focus is the indexes in my Roth and Apple/Amd. I’d love to see Apple finally have a real discount this year.
OP: “What do you start buying?” Me: I never stopped buying.
I felt like that was worth saying first.
But to answer the question, I continue to buy more VTI in my retirement account, in my taxable I buy more Apple, PCG(utility company), and AMD. Holding a couple of energy companies but I’m looking to sell and take some profits soon: XOM, VTNR.
Usually just review electrics in XLU, so not an informed opinion, but think PCG has good upside looks like your dollar get good enterprise value just has not translated into great earnings yet..
Sell to own SOFI (Neo Banking), GM, F, TSLA (EV), (Energy to charge EVs) PCG, DNN, NXE.
Possibly buy PZC (fully tax free 5% income, now at book value (usually at a premium) - See CEFConnect
PCG and TWO are safe. Try to get into PCG @ or under $12. I’m in at $11.50. TWO @ or under $5. I’m in at $4.80. Sell covered calls on PCG @ or above $13. TWO doesn’t have a liquid options chain but has a fat divvy and a portfolio that benefits from higher rates.
Stay safe bulls. Capital protection is most important.
Hate to be that guy but PCG is holding up really well I'm this down turn
I trimmed my portfolio of anything that was down by a lot(tax loss harvesting). Now I just have 5 individual stocks in one account and VTI+VXUS in the Roth. The indexes I buy a few more shares every time they drop another couple percentage points.
With many of my individual stocks I’m not buying dips on them yet, just waiting. Apple for example is still up 20% for me year over year, if it crashes another 20% then I’ll buy. I have a natural gas/electric company(PCG) that is up 33%, same thing.
Only 5 individual stocks- Apple, AMD, LUV, PCG, XOM
The rest are in that which must not be named
Edison International EIX - Mid Cap Value
EIX more widely known as Southern California Edison (SCE) to us here in SoCal supplies energy/public utility all counties in the lower half of the state. That said, PG&E (PCG) supplies Northern/Central California.
Earnings Call today for Q1, and think it’ll be good.
$PCG is back in the S&P 500. Announced during their earnings call. Bullish?
They haven't had a positive net income since 2017 because they're busy paying out being sucked dry in punitive damages over the wildfires which is approximately the least useful thing that the courts could have done here (you know, let's make sure they're bankrupt so that they don't have the money to fix anything!). But nice try.
Some are still beat up tech stocks that I just like the management/long term future for. Like AMD. I still have a few shares of Apple. I like LUV(SW airlines) even though they may continue to struggle amid inflated gas prices, they are my favorite airline. I still like XOM for energy sector exposure, and think the sector will outperform as the break even for crude prices is a lot lower than people think. I have a utility as well, $PCG that is up 35% as I bought it when it was very beat up.
That’s it. Just kind of a speculative part of my portfolio.
My favorite utility company got sued for playing with fire. Or rather, starting one. $PCG is my best stock besides Apple.
Did they? Still shows on mine. It’s was 2 2630 Google put. 2 990 Tesla put and 3 amzn 2965 puts expiring today. I sold yesterday and closed everything at about 13k. In PCG calls now
$PCG settles no crimal..dont see it on tape
Can someone check what pcg is trading in other markets ?
What is PCG trading in the European market ?
Are my 12.5 Puts for PCG 4/29 gonna print ?
Can someone tell how pcg looking I’m holding puts
Anyone thoughts about PCG puts?????
I bought puts of PCG $12.5 4/29 . Will they print?
Considering PCG $12.5 p 4/29
I work in Boston at PCG which is the direct rival
Keep the Berkshire, keep J&J as a good PCG play, dump JPM and the rest and go toward crypto, nat gas plays like OXY, OIH and TELL + Uranium and rare earth elements through UUUU and MP
Check it: PCG about to blow up Q3 next year when they get to put their divi back out and pensions buy back in. Play how you will. PCG isn’t going anywhere and their stock punishment is temporary. Easy 200% from current prices when the dust settles.
TWO: Benefits from increased interest rates based on their REIT structure. Currently a 12% div yield but about to get some fat inflows. Illiquid options market, so possible to test just how big a shark you are in this pond.
Iron condors on pcg&e the stock doesn’t move
Ford, Gm, PCG……. I’m saying up tomorrow??? Who’s with me?
Dude PCG shorts are gonna get fucked if it closes over 11 Friday
PCG!!!!! Right now has a crazy lopsided buy order book and no one is selling but micro traders
Most Traded Contracts
$AAPL 11 March $165 Call $AAPL 11 March $170 Call $AAPL 11 March $160 Put $CEI 11 March $1 Call $CEI 11 March $1.50 Call $AAPL 11 March $167.50 Call $VALE January 2023 $20 Call $PCG March $11 Call $VALE January 2023 $20 Put
One of my best 0dte FD plays was PCG calls on the morning of that hearing a year or two ago lol
Yeah... I been buying PCG since the wildfires. They haven't rebounded as fast as I thought, though I did make some money when it went from single digits back up to $12, but it's been stuck around $12 for a while now.
If you bought BP after the oil spill in 2010... the stock dropped pretty much in half... you'd still not have had any big recovery...
not sure if there is any comparison, other than a major political shift and some financial penalties...
or say EIX PCG after wildfires in California... seemed an easy bargain...
or shares of Citibank after 2008... reverse split, still not recovered...
doesn't seem to be much downside though?
PCG - dividend coming back next year. Accumulate now.
TWO - portfolio structured to benefit greatly from interest only RMBS. Expected to do very well in rising interest rate environment.
2 freebies, and remember, bears are fukt
My portfolio looks like my winners are: AAPL +25%, GXO +25%, PCG +20%, SARK and AMD +5% Losers are: SHOP bought recently -19%, DKNG bought recent -18%, FB bought recently -11%. DIS down a tiny bit. VOO down a tiny bit. Basically all I’ve bought in the past month have bled hard but the things I bought a year ago are up. Fidelity says I am down -35% YTD. But my portfolio right now is still 30% cash so I am not worried about being too buried. I think I may put the rest DCAing in to VOO/VTX though, my luck picking stocks has not been good so far this year.
I’d have done a year personally. The past 6 months were rough for almost anything nasdaq. But a year ago you’d still have had some good deals out there.
Doing the tax returns is when it’s easy to see where things went wrong.
For me, a year ago at the end of January, I made a bunch of mistakes coming out of the gate with meme stock stuff and other speculative crap(EV spac, biotech, etc). But once I sold at a loss and pivoted my portfolio has actually gained quite a bit. I have recently started putting money in to indexes too though, mainly VOO.
AAPL 32% gain, AMD +70%(sold some to counter losses), GXO +31%, PCG +23% LUV +2%
The only loser I’ve had since exiting memestock garbage has been Disney but that has rallied recently only down 2% now.
With high inflation, we gotta start pivoting to Gas/energy companies lmao..
CYH, PCG. SPY, HOOD and SOFI are my calls for the year.
IMPLIED MOVEMENT FROM STRADDLE PRICING:
$CHGG on 2022-02-07 after: 22.65%
$NUAN on 2022-02-07 after: 1.17%
$AMGN on 2022-02-07 before: 4.4%
$TSN on 2022-02-07 before: 5.82%
$SPG on 2022-02-07 after: 6.96%
$TTWO on 2022-02-07 after: 9.2%
$ON on 2022-02-07 before: 13.29%
$LYFT on 2022-02-08 after: 13.59%
$ENPH on 2022-02-08 after: 15.8%
$CERN on 2022-02-08 after: 2.24%
$PFE on 2022-02-08 before: 6.26%
$LUMN on 2022-02-09 after: 7.03%
$DIS on 2022-02-09 after: 6.25%
$CVS on 2022-02-09 before: 4.7%
$ZNGA on 2022-02-09 before: 4.17%
$NLY on 2022-02-09 after: 3.17%
$MGM on 2022-02-09 after: 7.07%
$UBER on 2022-02-09 after: 13.25%
$EFX on 2022-02-09 after: 8.25%
$TWLO on 2022-02-09 after: 14.52%
$GDDY on 2022-02-10 after: 10.33%
$ZG on 2022-02-10 after: 15.54%
$NET on 2022-02-10 after: 14.42%
$EXPE on 2022-02-10 before: 9.03%
$GPN on 2022-02-10 before: 8.33%
$WU on 2022-02-10 after: 7.44%
$PCG on 2022-02-10 before: 5.05%
$K on 2022-02-10 before: 4.79%
$KO on 2022-02-10 before: 2.95%
$DDOG on 2022-02-10 before: 15.71%
$CLF on 2022-02-11 before: 11.45%
$NWL on 2022-02-11 before: 8.95%
$ENB on 2022-02-11 before: 3.73%
Implied Moves from straddle pricing:
$CHGG on 2022-02-07 after: 22.65% $NUAN on 2022-02-07 after: 1.17% $AMGN on 2022-02-07 before: 4.4% $TSN on 2022-02-07 before: 5.82% $SPG on 2022-02-07 after: 6.96% $TTWO on 2022-02-07 after: 9.2% $ON on 2022-02-07 before: 13.29%
$LYFT on 2022-02-08 after: 13.59%. $ENPH on 2022-02-08 after: 15.8% $CERN on 2022-02-08 after: 2.24% $PFE on 2022-02-08 before: 6.26%
$LUMN on 2022-02-09 after: 7.03% $DIS on 2022-02-09 after: 6.25% $CVS on 2022-02-09 before: 4.7% $ZNGA on 2022-02-09 before: 4.17% $NLY on 2022-02-09 after: 3.17% $MGM on 2022-02-09 after: 7.07% $UBER on 2022-02-09 after: 13.25% $EFX on 2022-02-09 after: 8.25% $TWLO on 2022-02-09 after: 14.52%
$GDDY on 2022-02-10 after: 10.33% $ZG on 2022-02-10 after: 15.54% $NET on 2022-02-10 after: 14.42% $EXPE on 2022-02-10 before: 9.03% $GPN on 2022-02-10 before: 8.33% $WU on 2022-02-10 after: 7.44% $PCG on 2022-02-10 before: 5.05% $K on 2022-02-10 before: 4.79% $KO on 2022-02-10 before: 2.95% $DDOG on 2022-02-10 before: 15.71%
$CLF on 2022-02-11 before: 11.45% $NWL on 2022-02-11 before: 8.95% $ENB on 2022-02-11 before: 3.73%
Any idea why PCG tanked after hours?
What city did PCG burn down this time to warrant that 5% afterhours drop
I got BB, SOFI, SPY, HOOD, PCG, TQQ, SPXL.
SPY, PCG, BB, SOFI, and HOOD will be up big time this yr.
See you later bears and anti-HOOD folks!
Every thing is red and PCG, a company that almost went bankrupt, is green.
PCG calls. I hope you save me on FEB 10 (earning call)
$PCG Is it pretty good defense stock, they have this really crazy flamethrower
PCG, SOFI, CYH....LETS FUCKEN GO
SOFI, PCG. And CYH!
Lets fucken go!!!
Its only a matter if time before CA government lays off and PCG resolve their lawsuits
My 5000 shares of PCG hopes you're right.
Bought BB, PCG, and CYH calls.
And just like ATVI, y'all going to be late by the time these moon.
I TOLD YOU FUCKERS!
PCG is next!!!
I wish the markets were open. It keeps me entertain at work.
Calls on PCG btw.
PCG is going to save me today. I'm pretty happy about that
I need pcg to meme but won't
Pcg staying strong in the red sea. Time for yolo
PCG PCG PCG.
CANT WAITN FOR THEIR EARNINGS ON FEB 10
My boys.....PCG is going to rip this yr.
Lock up your calls on PCG.
That shit is going moon come Feb with its earnings.
Pcg gonna save me. Plz. Plz. I might have to get a job😭
Hear me me. PCG will report their earnings on Feb 10.
Place your calls
Currently sold my options at that last spike on INTC. Waiting for a better entry point right now. Like the stock alot and the company too. Energy stocks I've been looking at for the past 3 years includes PCG. NOT very green but has a huge amount of the California grid
Is anyone building positions in PG&E (PCG)? They are still going to face headwinds with changing climate but from the outside seems like they are taking good steps towards addressing some of the issues with their infrastructure
Do not chase dividends. Learned this lesson with GE and PCG.
Ba pcg, ba entering the chines market and i think all their problems are solvable, pcg poised to get out of probation in January