Yeah. Still up big, but stuck with a few hundred shares. I may exit on the next pop. If it drops below 95 cents, I'll exit.@BassNBrew You still in RWLK? I hadn't looked at this turd in a couple weeks...ouch.
Up big? When did you get in? I bought in at 1.31. FML.Yeah. Still up big, but stuck with a few hundred shares. I may exit on the next pop. If it drops below 95 cents, I'll exit.
Around there several times....Up big? When did you get in? I bought in at 1.31. FML.
Reason #1092 why I should just stick to leveraged ETF's, a balance of metals, bonds, and commodities. This hope and a prayer #### just ain't working.Around there several times....
Sold at 1.47 on July 15
Sold at 1.34 on July 17
Sold at 1.34 on July 21
Sold at 1.67 on July 33
After reloading in the 1.28 to 1.31 range.
As long as I exit by 70 cents I should be up.
This used to be a real stick. Now it's headed towards a penny stock.
ABTHope it works out for you! Like I said I thought the pop was surprising but people seemed really excited about it. Whatever happens it’s a good long term hold.
Premarket $419. Holy ####### #### Batman. Literally went through the $300s in a day. October couldn’t come here soon enough.Holy Zoom Batman. Tomorrow is going to be nice.
It’s over 450 now.Premarket $419. Holy ####### #### Batman. Literally went through the $300s in a day. October couldn’t come here soon enough.
I would think if the market tanks and you have enough cash laying around to pay off your house, then buying in the market would be a way better idea.So I kinda think the market tanks after the election.
Owe 150K on house. very low interest. 2.5 I think. Should I pay off mortgage or keep investing?
I'll continue to invest or build a cash nest to deploy on dips. I'll be at 2.25 after my refi i'm doing now and may pay a little more to the principle to make sure it's paid off by retirement, but way more will go into the markets since I'm pretty sure I can beat 2.25.So I kinda think the market tanks after the election.
Owe 150K on house. very low interest. 2.5 I think. Should I pay off mortgage or keep investing?
How long is left on your mortgage?So I kinda think the market tanks after the election.
Owe 150K on house. very low interest. 2.5 I think. Should I pay off mortgage or keep investing?
2.5 is basically free money. S&P very very likely to beat that over time.So I kinda think the market tanks after the election.
Owe 150K on house. very low interest. 2.5 I think. Should I pay off mortgage or keep investing?
Dividends from a utility company will beat that over time.2.5 is basically free money. S&P very very likely to beat that over time.
What happens in October?Premarket $419. Holy ####### #### Batman. Literally went through the $300s in a day. October couldn’t come here soon enough.
Just for me. I bought ZM in a taxable account back in October 2019. On 10/16 (I believe), it turns into a long term capital gain so the tax difference for me is in the low 5 digits if I wait because most of my holdings right now are gains. A knock it out of the park last night pretty much ensures that I should wait because even a broader market dip should affect ZM less than the rest (I hope). If I do sell, it will be invested elsewhere.What happens in October?
Very pleasantly surprised for the past week, big strong moves the last few days. Only a few days ago I was posting that it was trying to make a new run at $13. Debating taking profits, but now that it has blown past that June Intraday high, who knows where the train stops.Everyone been eating at BLMN multiple times a week? Didn't think we'd get close to $16's so soon.
I have this one in my Retirement account so no tax implications. Would you be selling any today if this were the case my cost per share is in the 230 range and it has grown to be about 15% of that account.Just for me. I bought ZM in a taxable account back in October 2019. On 10/16 (I believe), it turns into a long term capital gain so the tax difference for me is in the low 5 digits if I wait because most of my holdings right now are gains. A knock it out of the park last night pretty much ensures that I should wait because even a broader market dip should affect ZM less than the rest (I hope). If I do sell, it will be invested elsewhere.
I get 95% of mine from a private source.Not surprising and not good. Some of these stocks that have popped seem a little stretched. All this online gambling feels like the Cannabis stuff. There was talk a pout how many billions that market was and the stocks have not done well after that first wave. Wondering if this online gambling will be similar where the addressable market will be way overstated. There was an article about how illegal weed sales aren’t going away and are cheaper. They aren’t going to give up the fight. Online gambling might be similar. Are people really going to gamble more once their gains/mainly losses are all tallied up for them in an app and it’s way easier for the wife to see what’s going on since funds will have to go through debit/credit cards.
You can go into a casino and gamble and it’s an experience. I’d do that but I won’t ever gamble in an app. Just some thoughts, especially when I see PENN’s revenue lose 93% in a quarter and the stock is hitting ATHs.
I would absolutely think about selling some. My cost is $67 and I’m not nervous because you couldn’t ask for a better result and next earnings report is December. I think it will maintain and at worst not drop as far if there is a dip. Tech has been very solid earnings wise which is why it seems to have rotated back in favor. It’s kind of silly to call things tech and no tech since technology is so pervasive for even restaurants with all the to go and curbside service/delivery/future smart car/drone delivery.I have this one in my Retirement account so no tax implications. Would you be selling any today if this were the case my cost per share is in the 230 range and it has grown to be about 15% of that account.
Seems dumb not too shave off about half but so hard to sell these rocket ships.
Did you buy BLMN above $15? Right now seems like the time to sell to me. It isn't likely to go much higher but it could easily drop back to $11 to $13. And it's an even worse long term stock since restaurant dining will likely be closed in most of the US by November.I can't believe it but I'm back on the Onion! May have to hold it a bit longer this time.
What makes you say that?Did you buy BLMN above $15? Right now seems like the time to sell to me. It isn't likely to go much higher but it could easily drop back to $11 to $13. And it's an even worse long term stock since restaurant dining will likely be closed in most of the US by November.
Exactly, that’s why I wonder about addressable markets for things that do exist already or potentially don’t benefit companies. If it’s new software and it saves companies money then that addressable market is a bit easier to predict. Pot stocks went through the moon because analysts just took the estimates illegal weed trade and added some extra for people who could try legal stuff that didn’t do illegal. The underlying assumption that the illegal market would go away was incorrect. Most pot stocks are down below where they were before the huge run up.I get 95% of mine from a private source.
I get the other 5% from a guy who gets it through a dispensary. It’s not as good and roughly the same price.
I finally trimmed some APPL. It hurt but I put the funds into something else and I'm still out of balance.Seriously considering trimming DOCU position for the first time. This is insane.
I agree with this - it's trading ~20% over it's SMA(20) so I'm thinking about selling.Did you buy BLMN above $15? Right now seems like the time to sell to me. It isn't likely to go much higher but it could easily drop back to $11 to $13.
So mad at myself. Watched it in the 60s, saw it run up and go back to the 60s and never bought. Definitely one of the few I should have thrown in some cash at that I’ve watched for a while. That said, I agree on trimming. I definitely feel like the gut is telling me we have had a ridiculous pure tech run and there will be some dippage but damn if these run ups don’t bring me right back to the what are better sectors to be in right now?Seriously considering trimming DOCU position for the first time. This is insane.
Covid prospers in cold, dry weather. Covid rates aren't going to have to go up much before most state/local governments close indoor restaurant dining. It'll be one of the first things done.What makes you say that?
It didn’t have any trouble in the summer. I think all the AC closed in spaces were just as bad.Covid prospers in cold, dry weather. Covid rates aren't going to have to go up much before most state/local governments close indoor restaurant dining. It'll be one of the first things done.
Debating as well, but it's up ~25% in 4 days, everything will trade well above its moving average with those kinds of moves. I seriously think a return close to Pre-COVID levels is possible. This market is frothy and despite the rhetoric, I personally think there will be another stimulus finally passed by the end of this month so the politicians can point to it for elections which should goose things even more. I think we continue to see frothiness/exuberance until reality sets in more in the late Oct-Nov range.I agree with this - it's trading ~20% over it's SMA(20) so I'm thinking about selling.
I did. If it goes down in the short term I'm confident it will get back here and go above eventually, just won't be flipping it in a week in that case may have to hold longer.Did you buy BLMN above $15? Right now seems like the time to sell to me. It isn't likely to go much higher but it could easily drop back to $11 to $13. And it's an even worse long term stock since restaurant dining will likely be closed in most of the US by November.
I watched the early roller coaster. Every time it dipped below $50 I'd buy 1u. Every time it dipped below $40 I'd buy 2u. It's now an outsized position. In the same position with AAPL as @McBokonon, too, but it's AAPL. Even when it pulls back, I'm going to be OK continuing to hold, collecting the dividend, watching them buy back shares and expand services, replacing existing devices with 5G devices, and eventually we'll get back here.So mad at myself. Watched it in the 60s, saw it run up and go back to the 60s and never bought. Definitely one of the few I should have thrown in some cash at that I’ve watched for a while. That said, I agree on trimming. I definitely feel like the gut is telling me we have had a ridiculous pure tech run and there will be some dippage but damn if these run ups don’t bring me right back to the what are better sectors to be in right now?
The only thing I've contributed to this entire forum for 20+ years is smart### remarks. Start with what you know. Nothing to be ashamed of.Lol, I’m ashamed the only thing I can contribute to this thread is weed info.
FML - Still reading and learning. Debt free (except for mortgage and one vehicle note,) around March 2021. Then I’m hopping in with two feet.
Yep, some of these companies you feel good about them as a company but the stock prices have run a lot a lot. It’s more about whether or not you think they could beat the market the next 5 years when their market caps are now at numbers that a year ago you would have been happy to see in 3-5 years. I’ve got a 6 bagger in ZM and FSLY in less than a year and they aren’t penny stocks. FSLY I could see that again in 5 years based on their cap. Do I see ZM as a potential 700B company in 5 years? Not really, so likely trimming in October.I watched the early roller coaster. Every time it dipped below $50 I'd buy 1u. Every time it dipped below $40 I'd buy 2u. It's now an outsized position. In the same position with AAPL as @McBokonon, too, but it's AAPL. Even when it pulls back, I'm going to be OK continuing to hold, collecting the dividend, watching them buy back shares and expand services, replacing existing devices with 5G devices, and eventually we'll get back here.
I like DOCU. A lot. I'm especially curious to see what they can do with the Seal acquisition earlier this year. But that same confidence definitely doesn't exist.
We might be in different stages and life situations. I'm still in full blown growth mode, no kids, nowhere near retirement. Dividends are kind of an afterthought to me right now. That said, AAPL is still almost 9% of our combined portfolio which is plenty and don't ask me about $SE.I watched the early roller coaster. Every time it dipped below $50 I'd buy 1u. Every time it dipped below $40 I'd buy 2u. It's now an outsized position. In the same position with AAPL as @McBokonon, too, but it's AAPL. Even when it pulls back, I'm going to be OK continuing to hold, collecting the dividend, watching them buy back shares and expand services, replacing existing devices with 5G devices, and eventually we'll get back here.
I like DOCU. A lot. I'm especially curious to see what they can do with the Seal acquisition earlier this year. But that same confidence definitely doesn't exist.
The people who have been making money on BLMN are the ones who have been buying it on dips. You are buying on a peak. And it's a stock that has a good chance of plummeting this fall. And it seems a short term correction to $11-$14 is going to force you to hold on to the stock through this fall's possible massive stock price fall.I did. If it goes down in the short term I'm confident it will get back here and go above eventually, just won't be flipping it in a week in that case may have to hold longer.
I don't know that any politicians have the will or capital to close indoor dining again, to be honest. Minus a huge (sorry, YUGE!) surge in infections and deaths.Covid prospers in cold, dry weather. Covid rates aren't going to have to go up much before most state/local governments close indoor restaurant dining. It'll be one of the first things done.
There will be pockets of the US like South Dakota and the Deep South where bars, restaurants, etc. might stay open for indoor activities. But in most of the country, the public will demand closures if Covid gets any worse. And politicians will follow what the public demands.I don't know that any politicians have the will or capital to close indoor dining again, to be honest. Minus a huge (sorry, YUGE!) surge in infections and deaths.
Agree to disagree. Not the thread for the argument.There will be pockets of the US like South Dakota and the Deep South where bars, restaurants, etc. might stay open for indoor activities. But in most of the country, the public will demand closures if Covid gets any worse. And politicians will follow what the public demands.
Maybe. I'm due to get punished by the Onion. But has always made me money in the past this is the 5th time in. Definitely may have to hold longer this time. Hoping those upgrades it received will give it a push.The people who have been making money on BLMN are the ones who have been buying it on dips. You are buying on a peak. And it's a stock that has a good chance of plummeting this fall. And it seems a short term correction to $11-$14 is going to force you to hold on to the stock through this fall's possible massive stock price fall.
Yeah, among my biggest investing mistakes was not dumping a load into zoom right when we first started talking about virtual meetings.I'm just drunk on Zoom explosion today as well. Probably shouldn't be buying anything for next couple of days
Earnings. They quadrupled revenue or something crazy like that.Yeah, among my biggest investing mistakes was not dumping a load into zoom right when we first started talking about virtual meetings.
What was the catalyst for today?