KGB 463 Posted February 23 Share Posted February 23 1 hour ago, ⚡DEADHEAD⚡ said: Can't believe PLTR was $23.90 earlier today. I should have set the alarm for 6:30. Not sure I'd have had the nerve to pull the trigger though. LOL, I slept through it too. My average cost is $26.30, so only down 2% right now, it would need to drop quite a bit more from current price ($25.72) for me to average down. 1 Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 Sold the rest up my AMC up 10% So all in all it was a positive trade. But a scary ride. SOLD IPOE for now. Thinking about backing up the truck on TSLA 4 Quote Link to post Share on other sites
stbugs 3,373 Posted February 23 Share Posted February 23 8 minutes ago, Buckna said: Agreed, DOW hit an all-time high yesterday. S&P 500 is only 2.5% off it’s all-time high. Nasdaq is down 6% (8% intraday this morning.) Broader market is barely feeling this (yet?) Yeah, Dillard’s missed their revenue number last night and are up a few percent. They’re revenue was down 18% YoY and yet they are up double the S&P over the past year. ATHs, up 40% and your revenue is down 20% and maybe will never recover? I understand a lot of my tech stocks being frothy but they are growing like weeds top and bottom, so even if frothy right they should grow into and past the froth LT. A department store well above previous ATHs seems way more frothy. Do people think that people are going to just return to the mall in droves and spend more than ever? I sure don’t. 1 Quote Link to post Share on other sites
HaFo SaFo 112 Posted February 23 Share Posted February 23 And still nothing I want to buy is cheap enough yet. So what if it's a four- or six-week rewind on prices, they were still high back then. Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 Starting a position in TSLA @ $680 1 Quote Link to post Share on other sites
ConstruxBoy 1,329 Posted February 23 Share Posted February 23 (edited) 35 minutes ago, Todem said: Yeah it won’t make a dent. And good luck with that. If it makes you feel any better, I also doubled my stake in BLDP with the pull back today. Thanks for that. Edited February 23 by ConstruxBoy Quote Link to post Share on other sites
Wingnut 3,732 Posted February 23 Share Posted February 23 ONTX price target now $7.50. Load up, its at about $1.40 right now. https://dbtnews.com/2021/02/23/onconova-therapeutics-inc-ontx-stock-reiterated-by-h-c-wainwright-analyst-price-target-now-7-50-3/?amp&__twitter_impression=true Quote Link to post Share on other sites
NajehHejan 426 Posted February 23 Share Posted February 23 I’m fighting back. Some chatter that CE removal is close on SFIO. Bought 50,000 at .099 and will buy another 50,000 if it touches .08 Quote Link to post Share on other sites
ChiefD 19,698 Posted February 23 Share Posted February 23 7 minutes ago, KGB said: Starting a position in TSLA @ $680 Can't afford TSLA, so I bought a Tesla album instead. ...Love Will Find a Way..... 1 2 1 6 Quote Link to post Share on other sites
jamny 6,594 Posted February 23 Share Posted February 23 12 minutes ago, stbugs said: Yeah, Dillard’s missed their revenue number last night and are up a few percent. They’re revenue was down 18% YoY and yet they are up double the S&P over the past year. ATHs, up 40% and your revenue is down 20% and maybe will never recover? I understand a lot of my tech stocks being frothy but they are growing like weeds top and bottom, so even if frothy right they should grow into and past the froth LT. A department store well above previous ATHs seems way more frothy. Do people think that people are going to just return to the mall in droves and spend more than ever? I sure don’t. My wife works in fashion retail on the financial side. Covid actually kept them afloat but really just delayed the inevitable. In other areas it has accelerated the demise of things like malls. 1 Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 3 minutes ago, jamny said: My wife works in fashion retail on the financial side. Covid actually kept them afloat but really just delayed the inevitable. In other areas it has accelerated the demise of things like malls. I think malls will turn into distribution centers. It just makes too much sense. 2 1 Quote Link to post Share on other sites
Shula-holic 2,498 Posted February 23 Share Posted February 23 2 minutes ago, jamny said: My wife works in fashion retail on the financial side. Covid actually kept them afloat but really just delayed the inevitable. In other areas it has accelerated the demise of things like malls. It's weird the trends it's accelerated. Your event tickets going forward will almost all be mobile, no more paper. This trend had started but was forced forward in 2020. Very few teams are even making the old paper tickets an option. Now people are wanting to buy the old ticket stock from prior years as collectors items. I have some left here but I can remember throwing boxes and cases full of old tickets away that we had converted to electronic versions. My wife and I rented a dumpster to clean out our basement a couple years back and probably half that thing was filled with old ticket stock. 1 Quote Link to post Share on other sites
Capella 31,469 Posted February 23 Share Posted February 23 19 minutes ago, KGB said: Starting a position in TSLA @ $680 Hoping this gets down a little lower now though — no offense of course. 1 Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 1 minute ago, Capella said: Hoping this gets down a little lower now though — no offense of course. TSLA Where are you looking to buy? I just did a small starter position and will average down Quote Link to post Share on other sites
Wooderson 980 Posted February 23 Share Posted February 23 13 minutes ago, NajehHejan said: I’m fighting back. Some chatter that CE removal is close on SFIO. Bought 50,000 at .099 and will buy another 50,000 if it touches .08 Chatter you say.... Thinking of getting some more. 1 Quote Link to post Share on other sites
BassNBrew 11,531 Posted February 23 Share Posted February 23 58 minutes ago, Buckna said: Agreed, DOW hit an all-time high yesterday. S&P 500 is only 2.5% off it’s all-time high. Nasdaq is down 6% (8% intraday this morning.) Broader market is barely feeling this (yet?) The broader market still hasn't recovered from the events of 1Q last year. If we have a correction, it's coming from all the ARK type stocks. Quote Link to post Share on other sites
BassNBrew 11,531 Posted February 23 Share Posted February 23 19 minutes ago, KGB said: TSLA Where are you looking to buy? I just did a small starter position and will average down $633 again would be a nice re-entry point. 1 Quote Link to post Share on other sites
Capella 31,469 Posted February 23 Share Posted February 23 23 minutes ago, KGB said: TSLA Where are you looking to buy? I just did a small starter position and will average down I missed the morning lows today and I am still upset at myself over it - anything around 620 and I’m back in. 1 Quote Link to post Share on other sites
McBokonon 3,673 Posted February 23 Share Posted February 23 Did Robin Hood treat you badly? Michael Bolton is here to help you through the breakup. 1 4 Quote Link to post Share on other sites
Nigel 3,606 Posted February 23 Share Posted February 23 Got out of CCIV entirely this morning at $42.50, $10K lighter than had I sold yesterday at the close. Hurts but thankful it bounced from $31 earlier today giving me a chance to get out with a decent chunk. Still have some IPOE and GHVI but my enthusiasm for SPACS is done. Bloodbath everywhere else, still down over 6% for the day, was 14% at its worst. Quote Link to post Share on other sites
SWC 15,754 Posted February 23 Share Posted February 23 michael bolton has ended up to be a pretty cool funny dude between this and the lonely island stuff he is all right with me take that to the bank brohans 2 Quote Link to post Share on other sites
ConstruxBoy 1,329 Posted February 23 Share Posted February 23 10 minutes ago, SWC said: michael bolton has ended up to be a pretty cool funny dude between this and the lonely island stuff he is all right with me take that to the bank brohans :Insert Office Space joke here: 1 1 1 Quote Link to post Share on other sites
stbugs 3,373 Posted February 23 Share Posted February 23 22 minutes ago, BassNBrew said: The broader market still hasn't recovered from the events of 1Q last year. If we have a correction, it's coming from all the ARK type stocks. That’s not really true. Bloomin, JPM, Dillards, Walmart, Target, Discover, HD, Disney, MGM, PENN and many others are at ATHs or at highs well above end of 2019/Q1 2020. There are exceptions like AMC and travel stocks where there businesses are still being crushed. Heck DAL is only 25% off it’s all time high with extremely low travel. Marriott is basically at ATHs or within a couple percent. Anyway, to act like this is a tech only rally isn’t true. If the company hasn’t been truly crippled by the pandemic, the stocks are well up. The Dow wouldn’t be at ATHs if it was just tech. ARK type stocks have corrected a good amount in some cases. 2 Quote Link to post Share on other sites
2Squirrels1Nut 2,503 Posted February 23 Share Posted February 23 1 hour ago, Wingnut said: ONTX price target now $7.50. Load up, its at about $1.40 right now. https://dbtnews.com/2021/02/23/onconova-therapeutics-inc-ontx-stock-reiterated-by-h-c-wainwright-analyst-price-target-now-7-50-3/?amp&__twitter_impression=true IN 1 Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 Purchasing starter in BLDP 1 Quote Link to post Share on other sites
Wingnut 3,732 Posted February 23 Share Posted February 23 1 hour ago, Wingnut said: ONTX price target now $7.50. Load up, its at about $1.40 right now. https://dbtnews.com/2021/02/23/onconova-therapeutics-inc-ontx-stock-reiterated-by-h-c-wainwright-analyst-price-target-now-7-50-3/?amp&__twitter_impression=true Over $1.70 now. Quote Link to post Share on other sites
BassNBrew 11,531 Posted February 23 Share Posted February 23 2 minutes ago, stbugs said: That’s not really true. Bloomin, JPM, Dillards, Walmart, Target, Discover, HD, Disney, MGM, PENN and many others are at ATHs or at highs well above end of 2019/Q1 2020. There are exceptions like AMC and travel stocks where there businesses are still being crushed. Heck DAL is only 25% off it’s all time high with extremely low travel. Marriott is basically at ATHs or within a couple percent. Anyway, to act like this is a tech only rally isn’t true. If the company hasn’t been truly crippled by the pandemic, the stocks are well up. The Dow wouldn’t be at ATHs if it was just tech. ARK type stocks have corrected a good amount in some cases. Many of those you have listed have turned to tech and overs have benefitted from the pandemic. I can give you more utilities, energy, banks, etc that haven't come back. I'll give you JPM. Trading at a forward PE of 14 with a 2.4% dividend yield. It's up 7% in a year. Is that the definition of an over valued market that needs a major correction? If we have a 10% correction, it will be heavily weighted toward tech and not the broader market. SE will be trading at $100, FLGT at $50, SQ at $150. Quote Link to post Share on other sites
rick6668 1,254 Posted February 23 Share Posted February 23 Just now, Wingnut said: Over $1.70 now. Thank, I got in after you posted. Nice gains so far. At least one thing is green. 1 Quote Link to post Share on other sites
Leeroy Jenkins 3,055 Posted February 23 Share Posted February 23 3 minutes ago, BassNBrew said: Many of those you have listed have turned to tech and overs have benefitted from the pandemic. I can give you more utilities, energy, banks, etc that haven't come back. I'll give you JPM. Trading at a forward PE of 14 with a 2.4% dividend yield. It's up 7% in a year. Is that the definition of an over valued market that needs a major correction? If we have a 10% correction, it will be heavily weighted toward tech and not the broader market. SE will be trading at $100, FLGT at $50, SQ at $150. But don't you think those all come back up long term? Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 14 minutes ago, Wingnut said: Over $1.70 now. ONTX in @$1.63 1 Quote Link to post Share on other sites
BassNBrew 11,531 Posted February 23 Share Posted February 23 15 minutes ago, Leeroy Jenkins said: But don't you think those all come back up long term? Yup. Long term the market is a winning game. Hi want to keep most of my chips and play Quote Link to post Share on other sites
gruecd 7,457 Posted February 23 Share Posted February 23 20 minutes ago, Leeroy Jenkins said: But don't you think those all come back up long term? Absolutely. Zig when everyone else is zagging. Or, in other words, when everyone else is greedy, be fearful. When everyone is fearful (today), be greedy. 2 Quote Link to post Share on other sites
Swaymoney 66 Posted February 23 Share Posted February 23 7 minutes ago, gruecd said: Absolutely. Zig when everyone else is zagging. Or, in other words, when everyone else is greedy, be fearful. When everyone is fearful (today), be greedy. Warren Buffet is that you? 1 1 Quote Link to post Share on other sites
FreeBaGeL 9,334 Posted February 23 Share Posted February 23 (edited) 35 minutes ago, Leeroy Jenkins said: But don't you think those all come back up long term? Possibly. I've been saying for a long time now that everyone keeps mentioning the dot com bubble with this bubble, but they mis-apply that to stuff like GME and OTC stocks. GME and OTC stocks are not the potential dot com bubble. All these tech stocks are the potential dot com bubble. ZM, FVRR, SE, FLGT, NIO, ETSY, OSTK, W, DOCU etc etc etc. These stocks where when they pull back to "only" being up 800% in a year and trading at "only" a 4000x multiple they feel "safe" to us. These are all stocks that have run up purely because "the world is changing" and we are speculating that not only will the world change exactly as we expect, but that these will be the winners in that new world. Again this parallels directly to the dot com bubble because the whole theory behind that bubble building was the same. "It's a new world". Lotta good that "new world" did for search engines not named Google. I'm not saying it will happen, and I don't think this pullback we're in now is a bubble burst, but rather just a fairly standard correction after 6 weeks of going up. But if the theories about a bubble are true and the bubble truly pops that pop will be a lot of these companies dropping 80%-90% and never coming back. Just my $0.02. I'm not saying it will happen, but I think people are mixing up the words "bubble" and "correction". We've all been expecting a correction that we knew was eventually coming. We are fearful of a bubble pop which may or may not ever come. But if it does, it will be a LOT more painful than this. Edited February 23 by FreeBaGeL Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 2 hours ago, KGB said: Starting a position in TSLA @ $680 Added some more at $690 Quote Link to post Share on other sites
TripItUp 4,157 Posted February 23 Share Posted February 23 busy 24 hours, I'll post my changes tonight or tomorrow. 1 Quote Link to post Share on other sites
McBokonon 3,673 Posted February 23 Share Posted February 23 Started a small spec position in $ONDS. Quote Link to post Share on other sites
Capella 31,469 Posted February 23 Share Posted February 23 10 minutes ago, KGB said: Added some more at $690 Yea I’m not going to hit my mark. I’d be surprised if this isn’t back over 800 by March. Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 3 minutes ago, Capella said: Yea I’m not going to hit my mark. I’d be surprised if this isn’t back over 800 by March. Hoping to sell TSLA and Some PLTR in March for the ROBLOX IPO. 1 Quote Link to post Share on other sites
General Malaise 27,539 Posted February 23 Share Posted February 23 I think I might buy some of that ARKK before the close. Maybe time to let a pro do the heavy lifting. Plus, maybe she'll see me on the shareholder list and send me a holiday card. 1 2 1 Quote Link to post Share on other sites
General Malaise 27,539 Posted February 23 Share Posted February 23 Just now, KGB said: Hoping to sell TSLA and Some PLTR in March for the ROBLOX IPO. God, my kids are freaking addicted to this game and it's really not funny. It's bad. Like, talk to a therapist level bad. I will be buying shares handover fist when this thing comes out. Might as well profit while they destroy my spawn. 4 1 Quote Link to post Share on other sites
KGB 463 Posted February 23 Share Posted February 23 2 minutes ago, General Malaise said: I think I might buy some of that ARKK before the close. Maybe time to let a pro do the heavy lifting. Plus, maybe she'll see me on the shareholder list and send me a holiday card. Love me some Cathy Quote Link to post Share on other sites
beef 2,992 Posted February 23 Share Posted February 23 11 minutes ago, General Malaise said: I think I might buy some of that ARKK before the close. Maybe time to let a pro do the heavy lifting. Plus, maybe she'll see me on the shareholder list and send me a holiday card. Whoa buddy. She's mine, stay away! 1 1 Quote Link to post Share on other sites
beef 2,992 Posted February 23 Share Posted February 23 11 minutes ago, General Malaise said: God, my kids are freaking addicted to this game and it's really not funny. It's bad. Like, talk to a therapist level bad. I will be buying shares handover fist when this thing comes out. Might as well profit while they destroy my spawn. Same here. I'm on the monthly payment plan. It's what she wanted for her birthday and I got suckered in since she couldn't have a party. Quote Link to post Share on other sites
FreeBaGeL 9,334 Posted February 23 Share Posted February 23 Jeez hard to believe SPY is only down 0.1% today looking at my portfolio. GBTC a big part of that, but pretty red across the board. Quote Link to post Share on other sites
General Malaise 27,539 Posted February 23 Share Posted February 23 8 minutes ago, beef said: Whoa buddy. She's mine, stay away! Fine. I'll settle for Caroline. 1 1 Quote Link to post Share on other sites
FreeBaGeL 9,334 Posted February 23 Share Posted February 23 USPS contract goes to OSK, not WKHS 😮 1 Quote Link to post Share on other sites
beef 2,992 Posted February 23 Share Posted February 23 3 hours ago, cosjobs said: Wtf uvxy? Vic up 6%, but you're down. Today's the kind of day I need you I'm kind of confused by this. It's not like TVIX that did a better job of tracking the VIX, but that's not just it. It's also that a lot of stocks are down and the VIX isn't reflecting that as much as I thought it would. So, people are selling, but not necessarily betting against futures here??? Like they're just pulling some money off the table, maybe shifting elsewhere, but keeping very low future volatility changes. Maybe I'm overthinking this and just don't get it. But if this continues and stocks drop with low VIX, at some point if that VIX shifts upwards, we're really going to see some market drops. Quote Link to post Share on other sites
IC FBGCav 5,780 Posted February 23 Share Posted February 23 2 hours ago, Wingnut said: ONTX price target now $7.50. Load up, its at about $1.40 right now. https://dbtnews.com/2021/02/23/onconova-therapeutics-inc-ontx-stock-reiterated-by-h-c-wainwright-analyst-price-target-now-7-50-3/?amp&__twitter_impression=true I bought 4200 shares, why the hell not. 2 Quote Link to post Share on other sites
caustic 4,090 Posted February 23 Share Posted February 23 God, I remember playing a ton of Roblox when it first came out in the 2000s. Funny to see it become so popular over the last few years. Definitely going to try and get in on the IPO, might even have to play a little bit to see how the game has changed. Quote Link to post Share on other sites
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.