- Nov 14, 2012
- Reaction score
Soooooo? What's the latest and greatest?
I got in and out of it a few times based on your recommendation. Wish I would have gone in bigger and stayed in long.LVGO... its gonna be along time for me to beat this purchase... Up over 300% on it.
I would not recommend buying it at this point. Cause its due for a correction.
Follow my posts..I enjoy hearing about all the incredible returns on what you bought but what are you guys buying now? Help a RDP brotha out...
Same here, I am half tempted to retreat all out in the next few weeks. I feel a huge shit show is on the horizon. Anyone else's spidey senses tingling?! LOLFollow my posts..
I havent sold anything in months.... the last thing I sold was Zoom... that was a mistake... I think I sold it at 140 ish and its $250ish.. uggg...
Still holding AMZN, PCG, LVGO & BYND...
If I where to sell any of my holding... BYND would be the first to go. Because its holding its own, not really going up at this point...
PCG tested me, It brought me to my pain threshold, and I almost sold it, but I am holding it due to its long term potential... I mean long term.
You had 70% profit, and turned it into a 30% Loss..I started with $1000, got it up north of $1700, moved so things around and pulled everything out to stop the bleeding at $700.
not my worst 3 months of trading...lol
Bear:Where do you see the market heading in the next 3-6-9 months...
Bull or Bear and why?
Because I am very close to selling the majority of my speculative holdings, and sit on the sidelines until next year...
I’m with you 100%.Unfortunately I have not hit it as big as many people in the market as I've been skeptical since bottom. I've seen what has happened to my business customers and it's completely opposite to what the market has been doing. Yes some of my customers are really killing it though. So I'm all over the place.
I like Top Golf, but with CV19, I dont think it the best timing, to go public.... I would hold off a year, and I would expect a much higher ROI when it goes public.Thoughts on CCX? It’s a SPAC that is in talks to take Top Golf public. There is speculation that Top Golf could be worth $4B.
Stock is currently trading around low $11 range.
Topgolf International Inc., an operator of driving ranges with a party atmosphere, is in talks to go public through a merger with the blank-check company Churchill Capital Corp. II, according to people with knowledge of the matter.www.google.com
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Very good point. From what I read they have until July 2021 to strike a deal. Top Golf is solid company and currently has no competition.I like Top Golf, but with CV19, I dont think it the best timing, to go public.... I would hold off a year, and I would expect a much higher ROI when it goes public.
But thats my opinion.
Well, I honored my stop limit orders, on LVGO & AMZN, and decided to sell everything but PCG, which I am holding for now...
Reasoning is outlined above...
Strategy... If you do not believe there is a bull market on the horizon, then dont play a long position....
Due to current economic situation... I took a long hard look at what I thought next monday will bring to the table....
Knowing that a economic stimulus package is not getting passed today, understanding it may come in the next few weeks. I believe next monday will be a down day for the markets, and will push my investments lower than they are today. Since I was right at the 10% from 52 week high on a couple of my positions... I decided to sell.
So in my speculative portfolio, I was investing less than $30K, but had more to spend if a great deal came up. I always leave dry powder on standby...
Since Mar 2021 till today, I made over $17K
LVGO- I made 300% ish
AMZN - I made 55% ish
ZM - I lost less than $500, but If I would have held, I would have been up 50-75%... ugggg.....
BYND - I lost less than $250
I am still holding PCG.... and I am negative on that position which is not factored into the above, because I have not sold it yet.
This thread shows alot of the dates that I was buying, and alot the dates that I am selling....
So this shows you how I put my strategy to work for me, with the real time results, reasons why I do what I do...
Stock Investing is not for everyone. If you go down this path and decide to do it, be sure you put in work everyday. Start small, dont focus on the $$$ made, focus on the percentages you are positive. If you invest $1000, and lose $100, its not that big of a deal. However its is 10% loss..
So if you invest $10,000, and lose 10%, its $1000... so start small, focus on the percentages of your wins and loss's. When you strategy is developed, and you have confidence in, then increase your individual stock holdings.
If anyone wants more info on how/why I do what I do, just pm me....
The way I look at it, I learned all my lessons the hard/expensive way, So I dont mind helping some of you guys out, and hopefully prevent you from making the expensive mistakes, that I have made.
I have different portfolios....I will start by saying I am not a day trader. I made most of my purchases before May. I feel like I got in so cheap there is no reason to sell regardless of what happens. if the market drops below 20K again I will likely double down. I have more than doubled my original investment to date.
Should I begin setting stop losses on my positions? What is my trigger for re-entry if I do? I don't need the money, so I am ok with a short to medium term roller coaster.
I think I put a decent synopsis of what I see in the market above. I’m not touting anything.Ok whats your pick commercial Banker whats on your hot sheet
I got out of BA yesterday. Wish I would have in mid June when it peaked. I’m waiting to see what it does after they report out this week. Might jump back in after that. Just a little worried about the financials coming out.Man I have taking a beating was up
Almost 10k on a 19k investment. Now I’m only in the green 2k.
Mostly in Boeing and Norwegian. Which should pick back up in the next few years.
mid covid goes another year I think Norwegian will be in trouble.
I am reminded of when I was a Broker with Morgan Stanley in 2000. As soon as every average Joe had stock advice with the balloon results to back it up I knew that disaster was right around the corner. I watched my top client piss away 7M while I pled with her to do the opposite. We are back to irrational exuberance!
Well you'd be up 34% on ADMP so far this week.I think I put a decent synopsis of what I see in the market above. I’m not touting anything.
I had one of my stocks (ADMP) run from 0.55 to $1.22 last week all because somebody hyped it up on Robin Hood. You could see the ownership quadruple on Robin Track. There’s was no other reason. There may be some good FDA news on the horizon so I’ll probably get back in.
Fortunately I go out at $1.00 and then 1.15 as it’s now below that again.
This market has nothing to do with business fundamentals and all about the Fed pumping money into the system. I’m sparsely in the market although I have taken a large position in TZA right now.