Man, I’ve got some cash to use (10-15%ish), but I’m very nervous. I’m glad I wasn’t one of those go to full cash guys because even a tech heavy guy like me is at ATHs, but that worry has grown a lot. There’s a ton of #### that isn’t a good company/future stock that are on fire. Still a gigantic disconnect between real world economy and stocks.Seems like a great time to add some GOLD
I'm about 33% cash in my brokerage account now. My recent buys were in ETFs. Started a position in MOON. Added to IPAY, FIVG and LRNZ.Man, I’ve got some cash to use (10-15%ish), but I’m very nervous. I’m glad I wasn’t one of those go to full cash guys because even a tech heavy guy like me is at ATHs, but that worry has grown a lot. There’s a ton of #### that isn’t a good company/future stock that are on fire. Still a gigantic disconnect between real world economy and stocks.
That said, a few things I am watching for long term. One popped 10% this morning on news so a little pissed I waited too long on that.
Lucky sum#####Bingo.
I'd sell some here, but I can't. Firm selling some today, so I'm restricted.
Unless they're shorting it.Amazon starting off every day super green and then immediately descending into red has to be frustrating for the day traders.
No kidding. Funny that his firm was selling last week. The P/S is now around 60, which is very high especially since revenue is actually down 2018 to 2019 and 2019 to 2020. Tulips are getting pricy in EV world.Lucky sum#####
I’d think consistent daily patterns would be a day traders dream scenario.Amazon starting off every day super green and then immediately descending into red has to be frustrating for the day traders.
Who mentioned PLTR last week? I was looking for something to replace CSCO and flipped the two out. Bought a good chunk of PLTR.. Wake up this morning and I think I owe someone a beer. A nice one.SO,
As of TODAY. What's your best pick for next 12 months?
I like PLTR for something fairly safe
Actually, Im going in on the open.
Amazon bleeding red has been frustrating for longs. Bezos needs to get divorced again so he’s motivated get something doneAmazon starting off every day super green and then immediately descending into red has to be frustrating for the day traders.
Well, sold at 42.43; was down over 30% at one point. Ended up making 7% and didn’t want to get greedy after that turn around.Anything behind the NNOX increase?
Gotta have some balls to short that one.Unless they're shorting it.
I don’t blame you. There’s a ton of pops on all kinds of what I’d consider riskier stocks lately. NNOX has no new news and likely won’t for a while. There’s a demo at a conference coming up and then FDA approval. I got out at $38.60ish which was a nice 25-30% gain.Well, sold at 42.43; was down over 30% at one point. Ended up making 7% and didn’t want to get greedy after that turn around.
Who mentioned PLTR last week? I was looking for something to replace CSCO and flipped the two out. Bought a good chunk of PLTR.. Wake up this morning and I think I owe someone a beer. A nice one.
This is nuts!I got in a little higher than you, but still up over 100% now with today's gain. May be time to put in that trailing stop loss.
Was asked by a good friend yesterday who bought a few shares of this thing what an "ARC" cost. I was way off in my reply. One ARC unit is ~$65K. The bigger Solar Trees for busses et al are around $450K.BEEEEEM
Insane, I'm up 178% now. It's currently one of my top 4 holdings in my Roth/trading account, despite (unfortunately) only taking a half a position when I bought it .This is nuts!
No idea why but I bought some TLRY just for the day. I’m a glutton for punishment. Let’s go FOMO.Weed stocks running up on Trump kinda sorta conceding on Twitter.
Loaded up a bit of MJ and CGC in case they gap up in the AM.
@BassNBrew(Really poor time to use ETHE like that, btw. But it's BnB)
Decided to buy 20 EXPR $3 calls for July 2021 @ .45 eachEXPR (the fashion stores Express, mostly in malls) is up bigly the past few days. Still super cheap at around $1.68
Paging @BassNBrew - you think this is a good entry point? Run this POS up to $2 and bail?
Probably one of the others pulled up by them. There will be a lot of losers like me I’m sure chasing a day trade. I need to put a limit order in now. Lol.NIO?
I’ll be honest that he’s the last person to ask. It’s like asking someone who bet big on a game who they think will win, there’s no way to not get a biased answer. I couldn’t even a guess on a good resource. It’s like CYDY. At the end all we had was PRs and Chet. Personally, I wouldn’t be accumulating at all Regeneron just got approval and we now have three positive results on vaccines. The HGEN recommendations were well before any vaccine news. Also, since their trial that is closest to the end is tied to Remdesivir, that’s not going to be helpful with all the bad press tied to that now.Hey @Whyatt I've been continuing to accumulate $HGEN. Any update on your line of thinking on this one? Let's try to keep it civil in here, folks. Just curious.
Thank you. I got out yesterday. Never again.
Yeah...I boned this one too. Good news is I have plenty of MRO, XOM, and WTI which is allowing some participation.I really misjudged NRGU and never got back in. I was expecting this $70 range, but not so soon. Not going to bet against it though.
I'm going to pass because this cover stuff has me investing scared right now. The malls around here look like an abandoned gold town. This is the type of stock we should have been finding and profiting on over the sumer (like Nordstrom and Kohl's)EXPR (the fashion stores Express, mostly in malls) is up bigly the past few days. Still super cheap at around $1.68
Paging @BassNBrew - you think this is a good entry point? Run this POS up to $2 and bail?
Yeah good point - I went with some calls instead - up 22% so far - fingers crossedI'm going to pass because this cover stuff has me investing scared right now. The malls around here look like an abandoned gold town. This is the type of stock we should have been finding and profiting on over the sumer (like Nordstrom and Kohl's)
In for one share. Will add as it drops.JNUG?!?!?!?!?!?!Seems like a great time to add some GOLD
Buffet got into GOLD over the summer. I've been one of the few here not in his fan club. Divest some JPM at the same time. Looks like a bad call similar to dumping the airlines in the early summer. By not in his fan club, I mean that you can likely do better making your own investment decisions. That said, I will pay attention to what his group is doing because they are obviously smart people with much more insider knowledge than most of us have. I do like his quotes above. You can now buy GOLD at a 10-20% discount from Buffet's entry point. I suspect a mega stimulus deal will send gold prices back up.Warren Buffett Hasn't Changed His Investment Philosophy
Mr. Buffett is not a fan of gold as an investment. Here are a few of his comments about the precious metal:
“[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility.”
Referring to gold, “it’s a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.”
“You could take all the gold that’s ever been mined, and it would fill a cube 67 feet in each direction. For what it’s worth at current gold prices, you could buy — not some — all of the farmland in the United States. Plus, you could buy 10 Exxon Mobils (XOM), plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”
What's interesting about these quotes is that they don't apply to Barrick Gold. Unlike gold, Barrick Gold "keeps laying eggs" in the form of profits and dividends. It doesn't bury the gold in the ground, it sells it to others who bury it in the ground.
And Berkshire Hathaway is happy to collect the dividends from other's foolishness.
Yup, going to put in a trailing stop on this one as it's the first day I've been in the green in months.Finally got out of RVVTF this morning. Took a few months to get me back in the green so sold for a small profit.
Trying to get out of these lottery tickets one by one as I learn more about stocks and such.
I only dumped about a grand in this one so I’m letting it riiiiiiiiiiiiiide for the lottery ticket.Yup, going to put in a trailing stop on this one as it's the first day I've been in the green in months.
ETA: Or maybe I'm not since Fidelity won't let me do it for an OTC/Pink sheets stock. Hmmmmm.....