-OZ-
Footballguy
Anyone betting on BB (maybe being the next WSB pump)
Up 42% before open. ÂSelling my shares of SI and IMMR at open and once the cash settles I'll be jumping in.
Anyone betting on BB (maybe being the next WSB pump)
Up 42% before open. ÂSelling my shares of SI and IMMR at open and once the cash settles I'll be jumping in.
It's simply amazing how much this market has become a game.ÂGME in the $90's premarket.
WSB ain't nothin' to **** wit.
It will not end well.It's simply amazing how much this market has become a game.Â
I will say that very, very few of my stocks have reported yet, this and next week look like the big weeks. That said, how far down are estimates ratcheted outside of the tech sector, which for the most part didn’t really drop this year like other sectors. I seem to remember some earlier “beats” this year where revenue was down 80% but still beat estimates.'In aggregate, companies are reporting earnings that are 22.4% above the estimates, which is also above the 5-year average of 6.3%,” FactSet’s John Butters observed on Friday. “If 22.4% is the final percentage for the quarter, it will mark the second-largest earnings surprise percentage reported by the index since FactSet began tracking this metric in 2008.”
And as we head into one of the busiest weeks of earnings season, analysts continue to believe the bar for companies is far too low.
"Our Global Equity strategists believe that consensus earnings expectations are too conservative for Q4 results,” JPMorgan’s John Normand said on Friday. And while investors’ fears about the future tend to be biased toward downside risks, businesses are reminding us that they often surprise to the upside.
https://finance.yahoo.com/news/q4-2020-earnings-beating-expectations-by-historic-margin-morning-brief-111240817.html
What weak economy?
Yep, I’m not good at that stuff so I’ll keep the stocks I like long term and not get stuck with GME at $90 hoping it goes to $150.It will not end well.
Truly impressive.It's simply amazing how much this market has become a game.Â
Was thinking about it and should’ve pulled the trigger after hours on Friday or something. Up 42% pre market. ÂAnyone betting on BB (maybe being the next WSB pump)
Yeah. I am 75% invested in my taxable account and 100% in 401K and IRA.Yep, I’m not good at that stuff so I’ll keep the stocks I like long term and not get stuck with GME at $90 hoping it goes to $150.
As much as I don’t like trimming, I will keep trying to trim when I feel like the stocks I have, which are going up, have gone too far and I can pick up again cheaper.
They cover and are wiped out. Pure market manipulation carnage going on in GME right now. Tables are being turned on some hedge funds who may get wiped out from this.So what happens to that short seller?
The funny thing is that I don’t really care about retail fleecing some of these guys who put out fake reports and take advantage of info retail investors don’t know. That said, war is never good on the civilians who live in the war zone.They cover and are wiped out. Pure market manipulation carnage going on in GME right now. Tables are being turned on some hedge funds who may get wiped out from this.
You forgot to mention the bridge-jumping part.They cover and are wiped out. Pure market manipulation carnage going on in GME right now. Tables are being turned on some hedge funds who may get wiped out from this.
401k is what it is and will keep plowing as usual. I think I’m probably around 10% total cash right now across my three trading accounts (added my wife’s rollover). One of the stocks I bought last week for her popped 20% this morning which ticked me off as I was going to add that to my kids’ new accounts for long term. Wasn’t quick enough and it wasn’t going to be a lot but they would have enjoyed making money.Yeah. I am 75% invested in my taxable account and 100% in 401K and IRA.
I really do not try to time markets. But in my taxable account I will trim and build cash when I see irrational exuberance. It is on full display right now. Trying to time when it will pop is a fools errand.
I own all high quality. Not concerned long term. But being 25% cash allows me to scoop up more of what I own at cheaper prices when the police raid the brothel and take the pretty ones too.
I have seen this numerous times in my investing life. Different color, different names, but the emotional aspect is exactly the same every single time.
Be careful, know what you own inside and out.Â
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Another word of advice for all of you. And this applies probably 70% of the time in your investment life cycle.
“You can become wealthy being concentrated but you will not stay wealthy being concentrated”
When will this correction happen? I simply do not know. So I have my 25% cash, I keep plowing my max contribution into my 401K and I keep analyzing my positions monthly to make sure the convictions I have on them are still sound and true. If I have some extra cash at the end of the month I deposit that into my taxable account to build more cash to be ready for it “when” not “if” the correction happens.
BTW....still love:
AMT
AMZN
BLDP
DIS
EBS
MDU
At these levels.Â
GameStop jumps another 50% to above $100 at one point, trading is halted
https://www.cnbc.com/2021/01/25/gamestop-shares-jump-another-40percent-shake-off-analyst-downgrade-as-epic-short-squeeze-continues.html
It is good to be a middleman. And the internet has created a bunch of new ones.Is DASH worth more than all the businesses they deliver for?
No. I don’t believe in them long term but if they do a secondary, maybe they have, they’ll be able to bleed cash forever. Reminds me of Groupon and their declining revenue for years. You don’t hear about them at all anymore but still have cash to burn.ÂIs DASH worth more than all the businesses they deliver for?
Shouldn't ask me because I'd be trimming.  Eating "W's" is never bad.Ok, here’s a trim candidate that I think is very overvalued but a long term play.
I have 200 shares of APPN. It’s up 378% since I bought it and it’s well in long term capital gains.
The price to sales is 50+, which is a lot and it’s revenue growth isn’t huge like ZM or others. It’s probably in the 15-20% range. It spiked to about 200 in November and it was down to 140 the next day. It’s at 216 now. There’s no doubt in my mind that if there is a dip, it’s headed down there again maybe even close to 100. Just for perspective I bought in the 40s and in March, it hit a low of 29.
Thoughts? It would bump my taxable account up to 20% cash in one sale and I really feel like I did with ZM and FSLY that it’s well overpriced right now.Â
Relief Therapeutics and Acer Therapeutics Sign Option Agreement
https://finance.yahoo.com/news/relief-therapeutics-acer-therapeutics-sign-063000368.html
Hah, I know you. You would have already been out! TDOC has run quite a bit as well. I put in a 215 limit order on APPN. Should have just sold instead of asking! It has gone up about 50% in two weeks. If it doesn’t get back up to 215 I’ll check in the afternoon.ÂShouldn't ask me because I'd be trimming.  Eating "W's" is never bad.
Trimmed some TDOC, CLOV, and ASO today. Â Added so more shippers on the dip.
Trimming half of my Desktop Metal.  Officially a double up.Hah, I know you. You would have already been out! TDOC has run quite a bit as well. I put in a 215 limit order on APPN. Should have just sold instead of asking! It has gone up about 50% in two weeks. If it doesn’t get back up to 215 I’ll check in the afternoon.Â
If you're looking for value to hold, walmart and Amazon seem like safer bets.
I triggered another ÂĽ ($1500) of my Roth IRA this afternoon. Just into the pie, which ends up being VIOO, VB, and CAT. totally unsexy but those were underweight.Â
Also just bought $2k in Kroger. PE under 9, 2% dividend, probably among the safer plays. Plus I like shopping there.
Call me unsexy.Â
It's no GME but I'll take 7.5% up for KrogerI have about 1.5% invested in Kroger right now at an average of $31.29. Â We could have a huge meltdown and the downside is probably $27. Â I'll look to trim around $40.
Just consider it your bond fund and you'll feel better.Jesus Christ amazon is red? Last I looked they were up over 2%
MacKenzie is sellingJesus Christ amazon is red? Last I looked they were up over 2%
Only thing I see is a customer fulfillment center in Arizona.ÂAny news driving this?
Lol I’m not selling it obviously it’s just wild how it seems to do this every day.ÂJust consider it your bond fund and you'll feel better.
I absolutely love the retail investor handing it back to the market manipulators.GME up over 100% today, complete insanity but an all time story nonetheless.
Love it that it's this Andrew Left from Citron research is in the middle of it. Guy seems like a complete dbag, hope he got wiped out.I absolutely love the retail investor handing it back to the market manipulators.
Yeah but bonds pay dividends.Just consider it your bond fund and you'll feel better.
Bottom fell out of the whole market over the last 15 minutes. I had to check news feed to see if a nuke had just detonated somewhere or something.Lol I’m not selling it obviously it’s just wild how it seems to do this every day.Â
Everything on there is up double digits.Most heavily shorted stocks if you wanna try and guess the next squeeze candidate.
WTF. I was up over 2%. Now down almost 2%. Definitely should have dumped APPN when I was thinking about it!Bottom fell out of the whole market over the last 15 minutes. I had to check news feed to see if a nuke had just detonated somewhere or something.
What did happen? That’s an extremely wild swing for the market.ÂBottom fell out of the whole market over the last 15 minutes. I had to check news feed to see if a nuke had just detonated somewhere or something.
Market moves with GME apparently.What did happen? That’s an extremely wild swing for the market.Â
I wonder if hedge funds are going to have to liquidate to deal with their margin calls from the GameStop pump. Maybe WSB tanks the market??What did happen? That’s an extremely wild swing for the market.Â