OT: Stock trading

[CTBasketball]

I’ve got NIO and PLG so I’ve done okay.

GE has been making money for me too.

 

[DaveHuskiesFan]

this has been a fun one

 

[Dogdeacon]

Out of all the newish, gig/sharing, disruptive companies out there, I still haven't used Airbnb, and I don't like to invest in companies that I do not patronize. I looked into it a few times for trips, and it didn't seem to save me much money, and seemed less convenient than a traditional hotel booking or beach rental. Additionally, I do not know too many people who use Airbnb. I have used the likes of Uber, Uber Eats, Door Dash, Dine In CT, Poshmark, Robin Hood, PayPal, Venmo, and I'm sure a few others I can't recall at the moment, but even those wouldn't be ideas I would invest in (expect PayPal, which I am on HEAVY). I also think the IPO will considerably over value them.

That's good rationale, I'm iffy on it for similar reasons although I'm not 100% sure that I haven't used them via travel someone else has arranged. I do know of lots of people that have used it esp for pandemic related 'go live elsewhere for a time' and I think that's likely to increase adaption as things loosen up.

 

[UConnSwag11]

View attachment 62175

this has been a fun one

oh SH--!

 

[UConnSwag11]

After the Covid crash, I looked for stocks that were tanked and well off recent highs. Went with travel and energy stocks, plus pharmaceuticals.

Norwegian Cruise Lines and JetBlue plus 64% and 51% respectively. Both are still well off their 1 year highs. NCLH at about 26 vs 60. JBLU at about 15 vs 21. Although the overall market has rebounded and value is harder to find, I'm sure there are still companies that have not recovered because of public perception.

Energy is going to do very well in the coming years as travel will pick back up and the same oil companies will be adding green energy sectors to their business model

 

[Zionn]

$IPOC and $VAGC for and Spac chasers......

 

[Jaker]

$IPOC and $VAGC for and Spac chasers......

NO one even knows what Social Capital Hedosophia Holdi even does! LOL

 

[UConnSwag11]

$OGIG

 

[Jaker]

My biggest winfall to date has been UNITY, bought at the IPO $70, it's approaching $170

 

[Jaker]

$BFT is gobbling up the business that wirecard lost in the EU

 

[methodology]

Have a conundrum

I have 5 options of QS I bought weeks ago. $22.5 calls expiring dec 18. They are up 1200%. I kinda want to hold them cause I think it will still go up but I'm thinking of selling at open and buying calls half the price around $50 mark.

Conflicted on what course of action. Also pissed I didn't throw in my whole kitty like I wanted to do and got talked out of would have been a $500k gain as of today

 

[Road2Six]

View attachment 62175

this has been a fun one

Teach me

 

[XLCenterFan]

We’re here to win!

 

[casual-yardin]

Have a conundrum

I have 5 options of QS I bought weeks ago. $22.5 calls expiring dec 18. They are up 1200%. I kinda want to hold them cause I think it will still go up but I'm thinking of selling at open and buying calls half the price around $50 mark.

Conflicted on what course of action. Also pissed I didn't throw in my whole kitty like I wanted to do and got talked out of would have been a $500k gain as of today

Sell them immediately. If you can't bring yourself to do that at least sell 2 or 3 of them.

 

[methodology]

Sell them immediately. If you can't bring yourself to do that at least sell 2 or 3 of them.

Sold 3 at 10 am kept 2 paid 3.08 sold for $62.5

 

[Bobol]

ouch !!!!!

not a good day.

 

[the Q]

ouch !!!!!

not a good day.

I was mostly up, although not big anywhere. Had a few losers like pfe, and pru. They needed to go down. They’re overheated right now

 

[Jaker]

I was in the middle of several trades today when my internet went out, costing me a couple grand.

 

[methodology]

After I got out of QS put a good chunk into HCAC hoping for a quick bump and then selling

 

[methodology]

Still can't understand why BABA is so low. Should be a $300+ stock and wouldn't surprise me to see it at $500 a year from now

 

[CTBasketball]

I might use Iron Mountain as a savings account.
8.2% dividend rate!

 

[the Q]

I might use Iron Mountain as a savings account.
8.2% dividend rate!

If you were gonna pick one for that, I’d say T.

It’s just so stable. It’s basically a highly paid utility. It’s not going anywhere

 

[HuskyHawk]

If you were gonna pick one for that, I’d say T.

It’s just so stable. It’s basically a highly paid utility. It’s not going anywhere

It is honestly undervalued. It has some big upside. Saw some presentations from industry insiders. Demand for Telco services has skyrocketed and yet almost none of the profits have gone to that sector. They are about to change that. Plus, HBO Max is well positioned to survive the streaming battle as new movies shift to home release.

 

[temery]

I love reading the due diligence here zero factual data all on feelings and guesses. Charts, who needs em!

If you understood everyone's rationale for picking a stock you'd be able to either do it yourself or ask questions that would help you pick stocks.

Personally, I know crap about the stock market, but I'm up 40+% this year. But then again, so is everyone else.

 

[uconndogs]

We’re here to win!

I think Cramer is a smart guy and his show is a scream. But, this piece makes no sense to me. I'll buy off that younger folks may have a longer time horizon and view of technology plays......maybe. I'll buy off that the individual investor is driving some of the run up.......some. But a new paradigm to investing where traditional valuations don't matter anymore.......no way.

First of all, while individual investors may be contributing to the recent run up, it's institutional money that holds most of the market. Anyone who doesn't think that money will flee when the going gets tough is delusional. Then we'll see how sticky the young guns really are. A lot of the run up now is folks on for the ride. You can make money jumping on, but at some point if you want to keep that money you have to get out. Then the run goes the other way, and you can be sure when it does traditional valuation will come into play.

My two cents........