General Malaise Posted March 8 Share Posted March 8 Curse these paper hands. 1 Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted March 8 Share Posted March 8 20 minutes ago, One said: C’mon $200 GME made it too! 1 Quote Link to comment Share on other sites More sharing options...
-OZ- Posted March 8 Share Posted March 8 🤷🏽♂️ time to buy more SE Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 8 Share Posted March 8 1 minute ago, -OZ- said: 🤷🏽♂️ time to buy more SE Dammit I think I'm going to as well. Quote Link to comment Share on other sites More sharing options...
General Malaise Posted March 8 Share Posted March 8 Playgon up 9%. 2 Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted March 8 Share Posted March 8 45 minutes ago, 2Squirrels1Nut said: I only had 20 "free" shares and sold at $182 as I don't have time to be behind a computer all day Damn it Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 Im guessing with the passing of the stimulus bill the speculators are coming back. All my pennies are up pretty big today (down overall still). I know this sounds corny, and Im beating a drum here, but Im still bullish on March Madness. If we can pull off an exciting tourney, get peoples spirits up and positive, I wanna bet on a optimist economic outlook. Will that mean people will spend money? Im speculating that if people are in a good mood then they are more than likely to gamble on sports, spending, and on stocks. A positive culture catalyst if you will ... 🕊️ Quote Link to comment Share on other sites More sharing options...
caustic Posted March 8 Share Posted March 8 (edited) 19 minutes ago, Capella said: Wondering if I did this with tesla. Long term I’d have to think there is very little chance of you losing money here. Yeah it's definitely a looooong-term hold for me, just a bit frustrating right now. Need to remember that it's been a frustrating stock in the past, too -- it peaked at $56 in August 2018, dropped, and didn't recapture that high until October 2019. Then it went up 150%. It'd be good for me to stop watching it so closely all the time, but I probably won't. Edited March 8 by caustic Quote Link to comment Share on other sites More sharing options...
steelerfan1 Posted March 8 Share Posted March 8 21 minutes ago, -OZ- said: 🤷🏽♂️ time to buy more SE 19 minutes ago, McBokonon said: Dammit I think I'm going to as well. Jerks....Now I have to buy at least 1.... 1 Quote Link to comment Share on other sites More sharing options...
steelerfan1 Posted March 8 Share Posted March 8 Probably going to buy some more PINS and BLDP as well Quote Link to comment Share on other sites More sharing options...
rascal Posted March 8 Share Posted March 8 1 hour ago, Nigel said: $SE doing us dirty today Yeah, not thrilled. I should have sold at $280 but got greedy. 1 Quote Link to comment Share on other sites More sharing options...
One Posted March 8 Share Posted March 8 56 minutes ago, One said: C’mon $200 Going limp. Quote Link to comment Share on other sites More sharing options...
Navin Johnson Posted March 8 Share Posted March 8 1 hour ago, Nigel said: $SE doing us dirty today Buying the dip big time 1 1 Quote Link to comment Share on other sites More sharing options...
jamny Posted March 8 Share Posted March 8 DXC looking strong and might be a nice short term play. Quote Link to comment Share on other sites More sharing options...
Todem Posted March 8 Share Posted March 8 (edited) 19 hours ago, NajehHejan said: @Todem If bond rates continue to increase, do you see GCV continuing to drop in price? Are the two directly correlated? I see rates stabilizing here over the next month or two. GCV is a great long term hold. I would buy more with the recent drop. I love convertibles period. Great asset class to always have in your portfolio. EBS is really cheap here folks......forward PE of 9 and change and their revenues keep growing (40 plus percent revenue growth). Great stock here. The market has it wrong about this one. If you never got into BLDP.....now is a great chance to get into this hydrogen fuel cell monster. Edited March 8 by Todem 5 Quote Link to comment Share on other sites More sharing options...
Todem Posted March 8 Share Posted March 8 1 hour ago, caustic said: Fondly remembering when I "bought the dip" on AAPL at $132 in January. Classic bull trap and I fell right in. You will be fine. Sit tight with that. 2 1 Quote Link to comment Share on other sites More sharing options...
Chadstroma Posted March 8 Share Posted March 8 1 hour ago, ChiefD said: @Chadstroma - any thoughts on this article? Basically the CEO of UWMC issued an ultimatum to brokers to stop using Rocket Mortgage and Fairway Independent Mortgage Group. Not sure what to make of all of this and how it will relate to the stock price going forward. Was about to throw some more dough into this but saw some articles on this today. If this has been posted already I apologize but I didn't see anything. It is a huge thing in the broker community. Earth shattering level of event because it is unprecedented. Quicken/Rocket is the largest lender period. Because of brokers growing rapidly again and gaining a significant market share (brokers were near extinct a few years after the 2008 crash), Quicken has made a strong push in their wholesale division as a result. I do believe they are second in volume in wholesale. UWM is by far the number one wholesaler lender by volume and it isn't close. Though Quicken does more loans than UWM with their retail and wholesale, UWM only does wholesale. They live or die, win or lose on brokers. They have invested a lot into helping brokers be successful. On the other hand, Rocket does a whole lot to undermine the entire broker channel. UWM has had enough and basically is saying if you want to do business with Rocket and Fairway, go ahead but you aren't going to do business with us. A whole lot of reaction to it. There are a lot of brokers (like me) who do business with UWM but would never consider sending a loan to Rocket or Fairway anyways (I got 50 something lenders I can use so I have no need to). For brokers like me, there is a strong community and our chosen professional association strongly advocates for it, there are three camps: 1) Where do I sign? 2) I want to sign but I am concerned about some language in the addendum 3) I don't like this and it bothers me, not sure what I will do yet. #3 seems to be a very small minority. Most lenders who do business with Rocket also do business with UWM. It is very unusual for anyone to do business with Rocket and/or Fairway and not UWM. Many of these brokers are very upset. Essentially, they are being told that they can not have their cake, eat it and then have cookies after anymore. Some will decide to sign with UWM and some not. Rocket, as you might expect, is running a full court press to try to get as many brokers on their side. UWM is betting on themselves here. They may lose some brokers but they also announced a number of things along with this that should see them be the clear lender that you want to work with. This has sent a Cold War into WWIII between Rocket and UWM though for sure. My money is and will continue to be on UWM but Rocket will continue to fool people into over spending with them because of their ridiculous marketing machine. I think this may slow Rocket in wholesale with brokers but they have been pushing relationships with companies like State Farm for example to send loans to them which they will continue to push hard with. 2 Quote Link to comment Share on other sites More sharing options...
SFBayDuck Posted March 8 Share Posted March 8 18 minutes ago, Todem said: I see rates stabilizing here over the next month or two. GCV is a great long term hold. I would buy more with the recent drop. I love convertibles period. Great asset class to always have in your portfolio. EBS is really cheap here folks......forward PE of 9 and change and their revenues keep growing (40 plus percent revenue growth). Great stock here. The market has it wrong about this one. If you never got into BLDP.....now is a great chance to get into this hydrogen fuel cell monster. Almost a double on BHC and it had grown to the biggest holding in my Roth so I trimmed some of that and will pick up some EBS. Quote Link to comment Share on other sites More sharing options...
fruity pebbles Posted March 8 Share Posted March 8 ARKK getting hammered again today, down almost 5% 2 Quote Link to comment Share on other sites More sharing options...
McBokonon Posted March 8 Share Posted March 8 (edited) Added to SKLZ, really terrible short report from Wolfpack brought it down today. They even insinuated the deal with the NFL isn't true even though the NFL themselves sent out PR on it. Edited March 8 by McBokonon 1 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 34 minutes ago, Todem said: I see rates stabilizing here over the next month or two. GCV is a great long term hold. I would buy more with the recent drop. I love convertibles period. Great asset class to always have in your portfolio. EBS is really cheap here folks......forward PE of 9 and change and their revenues keep growing (40 plus percent revenue growth). Great stock here. The market has it wrong about this one. If you never got into BLDP.....now is a great chance to get into this hydrogen fuel cell monster. BLDP doesnt look like its at the bottom. How much farther do you think it could go? Quote Link to comment Share on other sites More sharing options...
ChiefD Posted March 8 Share Posted March 8 5 minutes ago, JAA said: BLDP doesnt look like its at the bottom. How much farther do you think it could go? I saw this just a little bit ago. I may wait a couple of days and see what happens. I would like to get in this again. 1 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 Any green day is good, >2% is better, but we still have our work cut out for us 1 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 I should have averaged down more on GME, even on the uptick. Such a rookie mistake with my cost basis of ~140. Quote Link to comment Share on other sites More sharing options...
rick6668 Posted March 8 Share Posted March 8 RIOT down 32%over 5 days, BTC up 2% over 5 days .????? Quote Link to comment Share on other sites More sharing options...
-OZ- Posted March 8 Share Posted March 8 2 hours ago, rascal said: Yeah, not thrilled. I should have sold at $280 but got greedy. The sad thing is, I even meant to sell around $280. Then got distracted. Quote Link to comment Share on other sites More sharing options...
jamny Posted March 8 Share Posted March 8 The month long trend of lower lows and lower highs in the Nas and S&P continues. Hopefully that breaks soon. Quote Link to comment Share on other sites More sharing options...
rick6668 Posted March 8 Share Posted March 8 25 minutes ago, rick6668 said: RIOT down 32%over 5 days, BTC up 2% over 5 days .????? I guess I do not understand, GBTC, MARA, MOGO, RIOT all seemed to be tracking the same as BTC the last few weeks. Why not now? Quote Link to comment Share on other sites More sharing options...
Capella Posted March 8 Share Posted March 8 Brutal few weeks. Sheesh. 1 Quote Link to comment Share on other sites More sharing options...
One Posted March 8 Share Posted March 8 C’mon 200. 1 Quote Link to comment Share on other sites More sharing options...
ChiefD Posted March 8 Share Posted March 8 8 minutes ago, Capella said: Brutal few weeks. Sheesh. No kidding. Looked pretty good and in the last hour puked all over my hopes and dreams. Quote Link to comment Share on other sites More sharing options...
dkp993 Posted March 8 Share Posted March 8 2 hours ago, Todem said: 3 hours ago, caustic said: Fondly remembering when I "bought the dip" on AAPL at $132 in January. Classic bull trap and I fell right in. You will be fine. Sit tight with that. Todem- thanks. I bought my shares in AAPL with the long view in mind so I’m not really sweating it, but with that said why do you think it’s tanking so hard over the past week plus. Quote Link to comment Share on other sites More sharing options...
steelerfan1 Posted March 8 Share Posted March 8 (edited) I know, you can't hide money and I'm a big roller. Bought 1 share of SE at the close which officially fills my position there. Bought 1 share of AMZN at close as well Bought 20 BLDP per @Todemand bought next part of my PINS position. Would have bought some EBS but already had filled that position and am down a bit there. Edited March 8 by steelerfan1 . 2 Quote Link to comment Share on other sites More sharing options...
jamny Posted March 8 Share Posted March 8 Dipped my toes in with a small amount in PEJ in my HSA account where I was all cash. Hopefully reopening stocks can fight off the general downtrend. Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 GME finishing strong at the moment. Lots of momentum to push below $200. If it settles around $190 I think thats a great sign for tomorrow. Maybe this is the week of the squeeze? Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted March 8 Share Posted March 8 24 minutes ago, One said: C’mon 200. DIS made it. GME knocking on the door. 1 Quote Link to comment Share on other sites More sharing options...
One Posted March 8 Share Posted March 8 7 minutes ago, JB Breakfast Club said: DIS made it. GME knocking on the door. DIS has been kicking tail. 👍🏽 Quote Link to comment Share on other sites More sharing options...
David Dodds Posted March 8 Share Posted March 8 41 minutes ago, JAA said: GME finishing strong at the moment. Lots of momentum to push below $200. If it settles around $190 I think thats a great sign for tomorrow. Maybe this is the week of the squeeze? Massive calls hit on 3/19. My best guess is 3/20 is Pay Day Quote Link to comment Share on other sites More sharing options...
IC FBGCav Posted March 8 Share Posted March 8 1 minute ago, David Dodds said: Massive calls hit on 3/19. My best guess is 3/20 is Pay Day Thats a Saturday. 1 Quote Link to comment Share on other sites More sharing options...
steelerfan1 Posted March 8 Share Posted March 8 1 hour ago, -OZ- said: The sad thing is, I even meant to sell around $280. Then got distracted. Sell out of all of it Oz? Having 2nd thoughts? Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 32 minutes ago, David Dodds said: 1 hour ago, JAA said: GME finishing strong at the moment. Lots of momentum to push below $200. If it settles around $190 I think thats a great sign for tomorrow. Maybe this is the week of the squeeze? Massive calls hit on 3/19. My best guess is 3/20 is Pay Day The candlestick chart for today, and the last hour, is so beautiful. Looks to be 50/50 @192. That is a good sign of purchases happening. There will be some paper hands, but it doesnt look like enough. Quote Link to comment Share on other sites More sharing options...
[icon] Posted March 8 Share Posted March 8 41 minutes ago, IC FBGCav said: Thats a Saturday. SO YOU'RE SAYIN THERE'S A CHANCE 5 Quote Link to comment Share on other sites More sharing options...
JAA Posted March 8 Share Posted March 8 I find my GME purchase history entertaining in a idiotic look-at-me-im-a-moron sort of way. Also amateurish with all those market orders. But here we are today and this blind ape is now up ~35%. Ill check back in when Im (35%). Quote Buy * GME Market 236.9999 -- -- 10:52:01 02/01/21 Buy * GME Market 150.7384 -- -- 09:31:44 02/02/21 Buy * GME Market 160.00 -- -- 09:32:44 02/25/21 Buy * GME Limit 117.06 -- -- 09:30:10 02/26/21 Buy * GME Market 123.2197 -- -- 10:27:59 02/26/21 I tried to buy some more at 95 but missed. * - I had the quantities in, but decided to take out . I'm definitely no :lambo: 2 Quote Link to comment Share on other sites More sharing options...
David Dodds Posted March 8 Share Posted March 8 (edited) 1 hour ago, IC FBGCav said: Thats a Saturday. The following trading day after the calls hit on 3/19....Monday, March 22nd is a more educated guess. Edited March 8 by David Dodds 1 Quote Link to comment Share on other sites More sharing options...
Nick Vermeil Posted March 8 Share Posted March 8 34 minutes ago, David Dodds said: The following trading day after the calls hit on 3/19....Monday, March 22nd is a more educated guess. Hard not to sell now. But I got diamond hands for now! 1 Quote Link to comment Share on other sites More sharing options...
Bossman Posted March 8 Share Posted March 8 3 hours ago, rick6668 said: RIOT down 32%over 5 days, BTC up 2% over 5 days .????? 2 hours ago, rick6668 said: I guess I do not understand, GBTC, MARA, MOGO, RIOT all seemed to be tracking the same as BTC the last few weeks. Why not now? RIOT spiked at $77 on 2/17 ... when Bitcoin was pretty much at the same price as it is today. Guess the excitement of $50k bitcoin ... and bitcoin mining has worn off 1 Quote Link to comment Share on other sites More sharing options...
[icon] Posted March 8 Share Posted March 8 1 minute ago, Bossman said: RIOT spiked at $77 on 2/17 ... when Bitcoin was pretty much at the same price as it is today. Guess the excitement of $50k bitcoin ... and bitcoin mining has worn off That and I think RIOT was at the point where you were paying a 1000000000000000% multiple over their annual mining output Quote Link to comment Share on other sites More sharing options...
drunken slob Posted March 8 Share Posted March 8 Thanks, @NajehHejan, for mentioning $GCV. Thanks also too, @Todem, for following up with some analysis. I moved some loot around and bought in. This fits my "boring solid dividend payer" plan. 1 Quote Link to comment Share on other sites More sharing options...
Bossman Posted March 8 Share Posted March 8 2 minutes ago, [icon] said: That and I think RIOT was at the point where you were paying a 1000000000000000% multiple over their annual mining output I've realized how quick the market over reacts to any news. Good or bad. So fickle. "Musk bought Bitcoin ..." crypto stocks go bonkers ... Then the hype settles and stock price falls back in line. Gotta get in and out fast I suppose. Wish I didn't have to have this day job so I could focus on cashing in on these "quick-reaction" moments. 1 1 Quote Link to comment Share on other sites More sharing options...
Sand Posted March 8 Share Posted March 8 (edited) Stuffed the channel a bit more on BLDP at lunch. Other than that just hanging out watching some crazy ups and downs. Mostly downs. Also, if folks are looking for entry points, SPOT has been smoked lately and about at a resistance price. I was way up on this and now actually down a tad. I need more cash... Edited March 8 by Sand Quote Link to comment Share on other sites More sharing options...
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.