OT: Stock trading | Page 65 | The Boneyard

OT: Stock trading

uconntoatl said:
XRP brutal news
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Could be meaningless and it’s only limited to the US. Is the SEC just finding its annual whipping boy? KIN popping off on the news. I’m on Hbar and own some KIN. Crypto is anyone’s guess but bitcoin seems to be a blue chip investment
 
Jaker said:
CLDR, get in before this thing moons, trust me.
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I’ve seen the name for a while and always wondered why it’s so cheap. It still only trades at less than 6 x sales. Looks to have had a 5 month phase of building a base before recent breakout. Stocks that do that, like Shopify, generally have a larger breakout. Probably worth grabbing 100 or so and hope for a lot more out of this.
 
Anyone own LMND? I like the long term play of upsetting the old stodgy insurance industry, and it's a huge market, but don't know much about the company or its leaders.
 
Caronimo said:
Could be meaningless and it’s only limited to the US. Is the SEC just finding its annual whipping boy? KIN popping off on the news. I’m on Hbar and own some KIN. Crypto is anyone’s guess but bitcoin seems to be a blue chip investment
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Bitcoin has become everything it started out to not be. It is not accepted and used by banks, large corporations and looked to the government for regulation. It isn’t private/anonymous like people state. For some reason XRP is continually in the crosshairs even though they apparently are used by major institutions or supposed to be. I thought they settled this XRP stuff a few years ago?
 
Thanks again for everyone’s input. Is it just me or would other people be equally interested in what positions you are selling/trading?
 
Grabbed a little $MWK premarket. Has been a hot small cap stock only trading at 2 x sales. Worth a small investment in my opinion.
 
i 1000% appreciate all the tips, but holy cow i'm swimming in a different pond cuz 10 shares a week is about all i can afford lol so i gotta choose like 1 stock a week to play with :)
 
What's everyone's general rules when taking profits? This is probably what I struggle with the most (and the tax implications thereof.) For example, I probably should have sold QS after just 12 or 13 days since it was up nearly 100%, but I didn't and now I'm up (only) 78%.
 
Wondering how the 'Yard feels about DMYD. I'm not a huge fan of SPACs. But I really believe in this company's future - basically the big data behind online sports betting. Up 40% in 3.5 weeks - but as I said, SPACs scare me.
 
Slasher said:
What's everyone's general rules when taking profits? This is probably what I struggle with the most (and the tax implications thereof.) For example, I probably should have sold QS after just 12 or 13 days since it was up nearly 100%, but I didn't and now I'm up (only) 78%.
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This is where I always struggle as well. I’ve had so many smaller stocks that if I’d just taken profits I’d be up a lot more but then others I took profits on or sold half or 2/3 like FUBO and they ran like crazy afterwards. If it’s a name you believe in I’d advocate selling maybe half the shares after a set profit amount you’re happy with. Let’s say you’re up $1000 and can still roll with the other half for example. Or if you have so much profit in a stock that you can take your investment out and just play with house money, that’s ideal.
 
tentoes4rings said:
This is where I always struggle as well. I’ve had so many smaller stocks that if I’d just taken profits I’d be up a lot more but then others I took profits on or sold half or 2/3 like FUBO and they ran like crazy afterwards. If it’s a name you believe in I’d advocate selling maybe half the shares after a set profit amount you’re happy with. Let’s say you’re up $1000 and can still roll with the other half for example. Or if you have so much profit in a stock that you can take your investment out and just play with house money, that’s ideal.
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Interesting thought and I like it. I tend to be an all or nothing type person and maybe that's a mistake. I can't think of a single time I didn't sell every share when I was ready. I do add to a total regularly, but I've never sold just some of my shares.
 
UConnSwag11 said:
Yes, but that’s still cheap to what it will be
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Yeah, hope you got in in the low 50s today. If they get sports gambling built in the opportunity is huge. If it’s just another streaming service, not sure how great the ceiling is here. Let’s hope for the former.
 
So new crypto I wanted to mention. GRAPH. Basically its a mid-ware company like LINK. Think of it as the provider of accurate data that you can buy- like google but without the manipulation.
As blockchains develop- data will become more and more important- garbage in garbage out.
They have already partnered with LINK and have a host of big time players behind them.
Not sure how high it will go- but has potential to be a top 10-15 type coin.
 
Scot-e said:
So new crypto I wanted to mention. GRAPH. Basically its a mid-ware company like LINK. Think of it as the provider of accurate data that you can buy- like google but without the manipulation.
As blockchains develop- data will become more and more important- garbage in garbage out.
They have already partnered with LINK and have a host of big time players behind them.
Not sure how high it will go- but has potential to be a top 10-15 type coin.
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Is it The Graph (GRT) Scot-e? Hope so, as I just bought some, ha.
 
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