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So the 28k shares that were purchased today were all you?I think maybe it's time I dusted off Forrestmail™ and use dit for less nefarious purposes.
Also, I now own 50,000 shares of this stupid thing.
27,500 to be exact.So the 28k shares that were purchased today were all you?
Without your 28k shares, basically, $62 dollars of this traded today?
I've never had so much fun lighting money on fire (but don't tell my wife, I frown upon lighting funds on fire in the house).
This just made me laugh out loud for real.Collectively, we've bought more stock than they have cash on hand
What the hell is wrong with you? Why would you buy blockchain, when you can buy Cobalt Blockchain?
How else do you heat your mansion in the winter?So the 28k shares that were purchased today were all you?
Without your 28k shares, basically, $62 dollars of this traded today?
I've never had so much fun lighting money on fire (but don't tell my wife, I frown upon lighting funds on fire in the house).
Yeah, I know. The link I posted talks about their top 20 holdings. I like the balance as compared to the top heavy BLOK and am interested to see what companies they continue to add, currently only 59 of the intended 100. I think their metrics for inclusion seem very solid. Plus I like their foreign exposure. Not a home run swing investment but hopefully a nice long term hold.
sounds like back in the late 90s where everyone was slapping a "dotcom" on anything and getting rich going ipo.
Yeah, I saw a video with one of the guys involved and he said that the SEC wouldn't allow them to even have the word blockchain in the etf title because of the attention it gets. They fully expect to be allowed to add it at some point when the mania that the word creates dies down.
So, this should go back down towards the nickel price when these flood the market? Sure, it could go back up over time, but wouldn't the prudent thing be to just wait to buy in May? Or is the risk those shares get snatched up, and we lose out on 'cheap' shares entirely?parasaurolophus said:
The answers to these questions really depend on your overall sentiment of the company.
According to this your margin requirement would be $340,000. YMMV depending on the broker but cboe prob lists the min.Evilgrin 72 said:
I feel I've missed that growth for the most part- Kind of heavy into BABA and looking at JD.
It's getting overextended by every measure (both technical and fundamental, even for a growth stock), they're going to need to blow their earnings out beyond belief to keep this rally going (which is certainly possible)... I intend on holding it forever, but I did take 1/3 of my position off at $1,300
Lol why would you do that. I'm looking to buy more.It's getting overextended by every measure (both technical and fundamental, even for a growth stock), they're going to need to blow their earnings out beyond belief to keep this rally going (which is certainly possible)... I intend on holding it forever, but I did take 1/3 of my position off at $1,300
My average is in $700's, you can never lose by taking profits - nonetheless, yea, too premature. Still, it was only 1/3 of my position.
I can see that. I planned to hold it for a long time so I'm just going to ride the rocket.
If you want more and plan on holding forever, easiest and most effective strategy is to just cost average instead of buying it all at once... Set aside a period either once a month or more preferably once a quarter and say "I'm going to buy XYZ shares on this date regardless of anything." Stay consistent with it.
Your risk is more defined there. If you're calling $10 and the price (just as a hypothetical) was 20 cents, your max loss on 1,700 total shares is $3,400.
Yes, I only do option where if I lose it all, I'm okay.
I was in at low 300s and sold at 800 ish and used profits to put in a pool....it's a nice pool but damnit it keeps getting more expensive.
Meh, I'm starting to believe into iphone X demand dwindling - regardless of what they did in Q4, if that doesn't remain very strong, this is on the way back to $150.
