McBokonon Posted April 19 Share Posted April 19 3 minutes ago, Capella said: The hardest part of this is just staying patient and having a belief in what you’re doing. Especially if your first experience buying individual stocks was last year because now you have completely unrealistic expectations on what should happen. 4 2 Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 19 Share Posted April 19 40 minutes ago, pecorino said: A lot of growth on sale. Been in free-fall practically for a month. I'm holding QS, LAZR, SPCE, JMIA, PLTR. Been accumulating on the way down but I'm about tapped out. I'm not capitulating, but stopped buying. Do us all a solid and buy a few million shares of each of those. TIA. Ok, just pulling out my imaginary wallet to add a little funding. I may not be able to buy a few million apiece, maybe just a couple million. YOLO! Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 19 Share Posted April 19 49 minutes ago, BassNBrew said: It should come back. I sold most in the $25-$27 range and since been buying when I notice it under $20 and selling when it's over $20. They are actually making money, albeit not much. Yeah, I stopped selling because I didn’t want to incur too many capital gains to jump levels. I probably should have bailed on it and bought back in but this was one of the short term buy mistakes in my taxable account. It’s now a long term buy LOL! Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted April 19 Share Posted April 19 (edited) Added some EBS at $69. I also added some more RVLV during their midday dip under $50. I wanted some retail exposure back in March and chose this one. Today they announced an initiative focused on sustainability and inclusiveness. I like the vibe. Edited April 19 by JB Breakfast Club Quote Link to comment Share on other sites More sharing options...
Todem Posted April 19 Share Posted April 19 Just be patient. I know it can be un-nerving to see stocks dropping 10-15-20% so fast. But high growth small and mid cap stocks will behave like this. I have total conviction on those 3 names (EBS,QS and BLDP). 7 6 Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 19 Share Posted April 19 2 minutes ago, JB Breakfast Club said: Added some EBS at $69. I also added some more RVLV during their midday dip. I wanted some retail exposure back in March and chose this one. Today they announced an initiative focused on sustainability and inclusiveness. I like the vibe. RVLV was on my watch list I think back last summer. Would have been a nice buy. I added some DNMR and UPST as I hadn’t filled my positions and they’ve dropped recently, so lowering the cost basis. I just sold two post merge SPACs that weren’t true long term holdings to fund the purchase so I still have a nice cash stack to watch the market. Not sure I see a big positive catalyst yet since even the cyclicals like retail have shot up (RVLV is up 5x from last year’s bottom). Even that stuff doesn’t seem “cheap” right now, so likely continued buying opportunities. Quote Link to comment Share on other sites More sharing options...
IC FBGCav Posted April 19 Share Posted April 19 1 minute ago, Todem said: Just be patient. I know it can be un-nerving to see stocks dropping 10-15-20% so fast. But high growth small and mid cap stocks will behave like this. I have total conviction on those 3 names (EBS,QS and BLDP). I'm still holding them all. They are long term plays, so I just think of how much difference they will make in my portfolio value when they are up 25%. Positive thinking! 2 Quote Link to comment Share on other sites More sharing options...
eaganwildcats Posted April 19 Share Posted April 19 5 hours ago, Capella said: Averaging way down on HGEN. I feel like Chet here. I've got this coming out of my eyeballs. Common, calls, call spreads, everything. Fingers remain crossed. 2 1 Quote Link to comment Share on other sites More sharing options...
Desert_Power Posted April 19 Share Posted April 19 Starter positions in AXON, PLNT, COUP, and LRCX today because I have too much cash. Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted April 20 Share Posted April 20 (edited) 6 hours ago, Capella said: The hardest part of this is just staying patient and having a belief in what you’re doing. Truer words haven't posted in this thread for a long time. If you are here expecting to double up on a stock in a few days, or even a few months, you need to realize this isn't a casino. And that's a good thing. Edited April 20 by 2Squirrels1Nut 1 Quote Link to comment Share on other sites More sharing options...
2Squirrels1Nut Posted April 20 Share Posted April 20 4 hours ago, Todem said: Just be patient. I know it can be un-nerving to see stocks dropping 10-15-20% so fast. But high growth small and mid cap stocks will behave like this. I have total conviction on those 3 names (EBS,QS and BLDP). Quote Link to comment Share on other sites More sharing options...
-OZ- Posted April 20 Share Posted April 20 8 hours ago, Capella said: Averaging way down on HGEN. I feel like Chet here. I'll probably buy some more tomorrow. My attempt to buy more SAENF failed as my limit price apparently was too low. That one has hurt after being up a lot. Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted April 20 Share Posted April 20 5 hours ago, eaganwildcats said: I've got this coming out of my eyeballs. Common, calls, call spreads, everything. Fingers remain crossed. I'm in a similar situation. Let's get it done. Quote Link to comment Share on other sites More sharing options...
FreeBaGeL Posted April 20 Share Posted April 20 How far out did you all buy calls for on HGEN? Quote Link to comment Share on other sites More sharing options...
eaganwildcats Posted April 20 Share Posted April 20 5 hours ago, FreeBaGeL said: How far out did you all buy calls for on HGEN? Had some April (oops), now have some May and August. May is going to be tight, so August is probably what I’d do if adding more. Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted April 20 Share Posted April 20 Well I see that pump and dumper @Whyatt was successful here. Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 20 Share Posted April 20 30 minutes ago, BassNBrew said: Well I see that pump and dumper @Whyatt was successful here. Honestly, I think the issue is the addressable market. I said it before but the same analyst that put a $30 something price on it recently (also works for a company that handled the secondary offering, so a little conflict of interest) was the one who had a $25 target on the stock pre-vaccine. I think someone mentioned that while they hit the end point, it was also a limited slice. I think that pop from the news then turned into a what does this really mean. Buy the rumor, sell the news. Vaccines continue to roll out and if J&J gets back going as well we can only hope numbers dwindle. I honestly don’t know why CYDY has held up so much better. They may just have a better following. GME is still above $150 and a joke alt coin is all the rage so investing right now is a bit of a mystery. Quote Link to comment Share on other sites More sharing options...
pecorino Posted April 20 Share Posted April 20 Looking to buy an ETF which follows the price of Ethereum. Was looking at ETHE but it doesn't seem to be tracking how it should. Any suggestions? I cannot buy the coins themselves on TD so looking for an ETF proxy. Thanks. Quote Link to comment Share on other sites More sharing options...
identikit Posted April 20 Share Posted April 20 17 minutes ago, pecorino said: Looking to buy an ETF which follows the price of Ethereum. Was looking at ETHE but it doesn't seem to be tracking how it should. Any suggestions? I cannot buy the coins themselves on TD so looking for an ETF proxy. Thanks. Soon... Quote Link to comment Share on other sites More sharing options...
kevzilla Posted April 20 Share Posted April 20 Apparently I am not allowed to be in the green on ETHE and GBTC at the same time. Weird. And to @pecorino's point, efficient tracking of cryptocurrencies is how we'll know it is maturing as a market. Quote Link to comment Share on other sites More sharing options...
ChiefD Posted April 20 Share Posted April 20 PLTR is a fickle mistress. 3 Quote Link to comment Share on other sites More sharing options...
Dwayne Hoover Posted April 20 Share Posted April 20 8 hours ago, FreeBaGeL said: How far out did you all buy calls for on HGEN? May and August. Definitely more confident in August but May is super cheap right now Quote Link to comment Share on other sites More sharing options...
JB Breakfast Club Posted April 20 Share Posted April 20 A sea of red on 4/20 is not cool 1 1 1 Quote Link to comment Share on other sites More sharing options...
kevzilla Posted April 20 Share Posted April 20 You know, it wouldn't cost all that much to double down on STMH at this point. Definitely something wrong with me. 2 Quote Link to comment Share on other sites More sharing options...
Nick Vermeil Posted April 20 Share Posted April 20 On 4/19/2021 at 10:09 AM, CGRdrJoe said: EBS I don't see how EBS recovers in the short term with all the bad press. I'm out, will reevaluate when they can go a few days without appearing on the front page of the NY Times. Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 20 Share Posted April 20 Damn, I was slightly positive but that turned quickly. Glad my last three buys were all done by selling other stuff I didn’t want so no new cash used. It’s a little tough to watch but in a year or a few years some of these stocks are going to have been super bargains. It’s definitely starting to feel like last March. Quote Link to comment Share on other sites More sharing options...
Capella Posted April 20 Share Posted April 20 2 minutes ago, stbugs said: Damn, I was slightly positive but that turned quickly. Glad my last three buys were all done by selling other stuff I didn’t want so no new cash used. It’s a little tough to watch but in a year or a few years some of these stocks are going to have been super bargains. It’s definitely starting to feel like last March. Last March?? Holy crap it feels nothing like that at all. It’s two bad days dude, not -40% drops. 1 Quote Link to comment Share on other sites More sharing options...
fruity pebbles Posted April 20 Share Posted April 20 2 minutes ago, Capella said: Last March?? Holy crap it feels nothing like that at all. It’s two bad days dude, not -40% drops. SPAC crowd is getting hammered. Quote Link to comment Share on other sites More sharing options...
beef Posted April 20 Share Posted April 20 2 minutes ago, Capella said: Last March?? Holy crap it feels nothing like that at all. It’s two bad days dude, not -40% drops. Yep. Days like this can be hard to look at, but you can't have bargain shopping without them. I might be down 7% this week so far. Trying not to focus on that, and instead, where to deploy some cash. Quote Link to comment Share on other sites More sharing options...
Capella Posted April 20 Share Posted April 20 2 minutes ago, fruity pebbles said: SPAC crowd is getting hammered. How bad? Haven’t been following. Quote Link to comment Share on other sites More sharing options...
caustic Posted April 20 Share Posted April 20 1 hour ago, ChiefD said: PLTR is a fickle mistress. Seems like PLTR and BLDP have followed the exact same pattern lately. Just can't get any momentum going, always falling back to this low $20s range. 1 Quote Link to comment Share on other sites More sharing options...
Capella Posted April 20 Share Posted April 20 3 minutes ago, beef said: Yep. Days like this can be hard to look at, but you can't have bargain shopping without them. I might be down 7% this week so far. Trying not to focus on that, and instead, where to deploy some cash. Yea I just don’t get the short-term concerns at all. I am excited to buy. 1 Quote Link to comment Share on other sites More sharing options...
FreeBaGeL Posted April 20 Share Posted April 20 (edited) 3 minutes ago, Capella said: How bad? Haven’t been following. Most post merger SPACs are down anywhere from 50%-80% from their highs. Pre merger SPACs are pretty much all on NAV now so just a matter of how high they were before. Edited April 20 by FreeBaGeL Quote Link to comment Share on other sites More sharing options...
BassNBrew Posted April 20 Share Posted April 20 11 minutes ago, Capella said: Last March?? Holy crap it feels nothing like that at all. It’s two bad days dude, not -40% drops. We suffered 40% plus drops on a many of the favorite tech stocks discussed here. Quote Link to comment Share on other sites More sharing options...
beef Posted April 20 Share Posted April 20 Adding UUUU+ @ $2.37 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 20 Share Posted April 20 10 minutes ago, Capella said: Last March?? Holy crap it feels nothing like that at all. It’s two bad days dude, not -40% drops. I should have said “in certain sectors” but in terms of many stocks, they are down just as much from their highs as they were last March. Due to the rotation and the FAANG stocks doing well of late the overall market appears fine on the surface but a lot of the stocks I’ve bought and or want to finish positions they’ve been hit pretty hard. Some of my core holdings like OKTA are only down 10% from peak which isn’t much that’s common, but as you get further from the “named” stocks the harder the hit. 1 Quote Link to comment Share on other sites More sharing options...
Capella Posted April 20 Share Posted April 20 3 minutes ago, BassNBrew said: We suffered 40% plus drops on a many of the favorite tech stocks discussed here. Those don’t count Quote Link to comment Share on other sites More sharing options...
Desert_Power Posted April 20 Share Posted April 20 14 minutes ago, FreeBaGeL said: Most post merger SPACs are down anywhere from 50%-80% from their highs. Pre merger SPACs are pretty much all on NAV now so just a matter of how high they were before. Bought a bunch at/slightly below NAV a few weeks ago. Need to go hunting again today. Quote Link to comment Share on other sites More sharing options...
Dr_Zaius Posted April 20 Share Posted April 20 5 hours ago, eaganwildcats said: Had some April (oops), now have some May and August. May is going to be tight, so August is probably what I’d do if adding more. The May calls are tempting as they seem quite cheap for a volatile stock, but as you say we are running out of time for a big move. Quote Link to comment Share on other sites More sharing options...
Capella Posted April 20 Share Posted April 20 15 minutes ago, stbugs said: I should have said “in certain sectors” but in terms of many stocks, they are down just as much from their highs as they were last March. Due to the rotation and the FAANG stocks doing well of late the overall market appears fine on the surface but a lot of the stocks I’ve bought and or want to finish positions they’ve been hit pretty hard. Some of my core holdings like OKTA are only down 10% from peak which isn’t much that’s common, but as you get further from the “named” stocks the harder the hit. Last March felt like the end of the stock market to me. This is nowhere even close to that imo. 1 Quote Link to comment Share on other sites More sharing options...
fruity pebbles Posted April 20 Share Posted April 20 24 minutes ago, Capella said: How bad? Haven’t been following. Yeah, not my game either but ARKK is down 25% with markets near all time highs, so there’s blood in the streets on some names. Quote Link to comment Share on other sites More sharing options...
ericttspikes Posted April 20 Share Posted April 20 1 minute ago, Capella said: Last March felt like the end of the stock market to me. This is nowhere even close to that imo. Yup. Getting hammered on my speculative plays recently, but still up $260k from last year at this time. Now if the other shoe drops and we get a broad based market implosion....... 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 20 Share Posted April 20 8 minutes ago, Capella said: Yea I just don’t get the short-term concerns at all. I am excited to buy. I bought a lot last March, wish I went all in, but I didn’t say I was concerned. It is tough now and was tough to watch last March as well. I definitely enjoyed a lot of what bought after it recovered. It just feels very similar to March for a lot of the not quite as established companies and like I mentioned, I feel like I’ll be happy with a lot of what I buy now given enough time. Quote Link to comment Share on other sites More sharing options...
Capella Posted April 20 Share Posted April 20 5 minutes ago, ericttspikes said: Yup. Getting hammered on my speculative plays recently, but still up $260k from last year at this time. Now if the other shoe drops and we get a broad based market implosion....... Live changing money in the last year for sure. Two days of pullbacks isn’t going to scare me. 1 Quote Link to comment Share on other sites More sharing options...
stbugs Posted April 20 Share Posted April 20 6 minutes ago, Capella said: Last March felt like the end of the stock market to me. This is nowhere even close to that imo. Yeah, it’s not the same overall. My 401ks have been doing happy dances lately and with contributions it feels like they are up nicely this year. Amazon is a pretty big buffer for me and I’m pretty good on cash so again, not like last March overall, just anything that has a hint of not being a favorite or a safe place to hide or a recovery play (some of these are pretty rich now). Quote Link to comment Share on other sites More sharing options...
ericttspikes Posted April 20 Share Posted April 20 I'm interested how the huge disparity between the private equity market and the public equities plays out going forward. Stripe's last raise took it to $95 B and Rivian's last raise valued it at $50 B. Impossible for companies like this to go public in this environment. Huge private/public disconnect currently. Seems like private equity is on the wrong side but I have a hard time believing those guys will be wrong in the long run. Quote Link to comment Share on other sites More sharing options...
steelerfan1 Posted April 20 Share Posted April 20 23 hours ago, Capella said: The hardest part of this is just staying patient and having a belief in what you’re doing. Well cap, that's the thing. I really don't have a lot of knowledge. I think I have a handful of solid companies, but it is based on people saying they are good companies. I can't break something down like some of the pros here so I am taking their word, which is on me. I mean, we have AAPL, AMZN, MSFT, DIS type stocks that I feel comfortable holding for probably ever. It's the ones I took swings on just to use some of our cash, and that happened to be just as the market started pooping. Again, I have about 8 years left of working, so I'm not overly panicked. Quote Link to comment Share on other sites More sharing options...
kevzilla Posted April 20 Share Posted April 20 My cash percentage keeps going up because my positions keep going down. Definitely feel like I'm doing it wrong today, down 1.5% 1 1 Quote Link to comment Share on other sites More sharing options...
kevzilla Posted April 20 Share Posted April 20 If someone would look at this and convince me that STMH shouldn't just keep going down, I would appreciate it. Quote Link to comment Share on other sites More sharing options...
-OZ- Posted April 20 Share Posted April 20 1 hour ago, fruity pebbles said: Yeah, not my game either but ARKK is down 25% with markets near all time highs, so there’s blood in the streets on some names. Yeah, but still green since Thanksgiving and up over 100% annual. Some pull back should be expected. (Some of us had increased our value holdings) Quote Link to comment Share on other sites More sharing options...
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