stock research: meeting notes

June 6, 2020

Introduction

I like to take some notes after the meeting. The meeting is such great opportunity for me to build a community around me and us to work together as a long term and short term investor.

Meeting notes

June 6 2020
Wechat zoom meeting
Time: 2:00 PM - 6:00 PM

1. Use CNN premarket to check the price: https://money.cnn.com/data/premarket/
2. Market open time is four hours short compared to US time; 6:00 AM - 1:00 PM in PST;
3. Psychology of investment: Some people quit after one year or two; stress on the market down term - for example, 2001 after 911, 10% of fund, 10 year - 20 year recover 
4. Zoom meeting - first time we met together, Julia believes that good communication is based on real communication, face-to-face, using voice and also life experience to help each other;
5. Zoom meeting - the member has an account with up-to-500 people;
6. Case study discussed: OVV.TO stock, March 27, 2020, 3.7/ share, June 6 14.00/ share, June 5 400% up after the discussion of wechat group
7. Case study discussed: Boeing stock, 2 months to hold, no fund to trade
8. Case study discussed: Boeing stock, 150 share, $130 price, 20850 
9. Top business name, like Amazon, pros/ cons, it cannot be doubled, safe to invest, no big drop recently. 
10. Case study Costo stock: 10 - 20 dollars day range - good for day trade 
11. Case study: One member said two weeks ago, she proposed purchase $10,000 each for stocks like RCL, Boeing, GE etc. 
12. Case study: China stock - Alibaba, online education
13. Case study: GE stock - three of us purchased from $5.5 to $8, one purchased in January 2020
14. More on step 13, 4000 share, $13 dollars, news came out, the stock went down to $5/ share; relate to China, if China purchases GE aviation product
15. Case study: Facebook stock, good for day trading, no worry about big swings etc. 
16. Case study: ENBL - why Anna likes the stock, price is cheap; Good thing about cheap, $4.00 stock take $0.40 10% return, good for short term gains. Market swing is good for low price. Go for 500 or 1000 share for one investment opportunity;
17. How to handle stress of investment? Running, build a small community, how to work with each other, small business opportunities for consultation, zoom short meeting to relax when market down
18. How to build a long term relationship if possible? Vancouver area meet-up after Coronavirus? Where the fund comes from? Casual and loose relationship, and Julia likes to purchase some stocks to memorize the first Zoom meeting, she emphasizes her needs for zoom meeting, social support for investment stress sometimes. 
19. It is important to be healthy in order to invest on stock market
20. Canada bank - CIBC - US stock trading
21. Ms Fu thought about market crash, before July 1 earning season; Julia thinks that market needs to continue bull market, companies not in index fund still has 25% to 50% to recover
22. Rules of small wechat group, size, and communication concern - Stay same size for another two to three weeks
23. Julia talked about inviting a professional trader in China as a consultant, and she like to have zoom meeting ...
24. Business relationship, investment $40,000 cash - OVV 4 times from March 27 - June 6, 2020
25. How to consider gambling issue in stock investment?
26. How to concentrate on work not looking at stock market? 
27. How often to trade investment fund? Think about long term/ short term need. 
28. Career summary: One works for hospital, one is having Ph.D. education background, one is working on personal business, and one works for IT industry as a software programmer
29. Adobe stock: 2019 July $280, 2020 June $380, stock went up 
30. Princeton university - human interface design education - career in Adobe, not 996
31. UBC math education, college first year, Google intern

Thanks every one to contribute first meeting. Wish every one good health and build wealth in stock market. Be patient, and also keep learning.