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OT: Stock trading

CLOV will bounce back BIG - this short attack is nada and look at their track record. Almost every company came back BIG. Keep selling.....I'm buying.
Fair enough. Last time I bought shares was early November so just taking modest gains off table and seeing if this investigation is real.
 
For those who picked up CLOV, heard they didnt disclose something? Stock is down 10% this morning.
I just dumped my shares
I don't know how all of this works but are traders ever concerned about taxes from not holding stocks for like a year? And how do you dump before the open? When I had my Series 7 I was not a trader at a all. It was mostly for variable products and mutual funds.

FWIW from an earlier comment by Caronimo. My TSNP up over 200% since early January. The traders spouting off on social media are talking about riding it out and adding as it goes. Maybe we're all nuts but I'm not gonna argue with the mojo.
 
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I don't know how all of this works but are traders ever concerned about taxes from not holding stocks for like a year? And how do you dump before the open? When I had my Series 7 I was not a trader at a all. It was mostly for variable products and mutual funds.
We run everything through our off shore accounts, no worries. ;)
 
We run everything through our off shore accounts, no worries. ;)
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TIGR (Robinhood of China) surging today, up 18%! Lot of room for growth left on this one I think,
 
Several of them it seems. Certainly not all of us here. I'm a buy and hold guy, based on fundamentals.
That's my investment strategy. I don't even look at my portfolio on a daily basis. I'm spread out in a lot of companies that I like for long term prospects and just let them ride. As my brother says, plant some seeds and see which ones grow into large trees. He always tells the story of Netflix which is worth 55 times what he invested in it early on. It only takes a few of those to make a lot of money over time.
 
That's my investment strategy. I don't even look at my portfolio on a daily basis. I'm spread out in a lot of companies that I like for long term prospects and just let them ride. As my brother says, plant some seeds and see which ones grow into large trees. He always tells the story of Netflix which is worth 55 times what he invested in it early on. It only takes a few of those to make a lot of money over time.
I think that’s a double edged sword frankly. After being aggressive most of last year, I’ve also tried to settle on more of a longterm portfolio but if I don’t look for too long I may miss emerging names and technologies and specific stocks I own that are headed in the wrong direction and might be worth cutting bait on. For me I’ve found a mix of 70% longterm with 30% or so tweaking works well. We’re all different though and there’s huge value in not being stressed by this stuff in the short term and sleeping well at night.
 
That's my investment strategy. I don't even look at my portfolio on a daily basis. I'm spread out in a lot of companies that I like for long term prospects and just let them ride. As my brother says, plant some seeds and see which ones grow into large trees. He always tells the story of Netflix which is worth 55 times what he invested in it early on. It only takes a few of those to make a lot of money over time.
I just looked at watch list I set up in 2003. Amzn goog msft in addition to a bunch of clunkers
 
I just looked at watch list I set up in 2003. Amzn goog msft in addition to a bunch of clunkers
But overall did the good ones way over compensate for the clunkers? You're always going to have some clunkers.
 
I think that’s a double edged sword frankly. After being aggressive most of last year, I’ve also tried to settle on more of a longterm portfolio but if I don’t look for too long I may miss emerging names and technologies and specific stocks I own that are headed in the wrong direction and might be worth cutting bait on. For me I’ve found a mix of 70% longterm with 30% or so tweaking works well. We’re all different though and there’s huge value in not being stressed by this stuff in the short term and sleeping well at night.
That's probably a good strategy. My brother watches everything and gives me suggestions when to pull out. So I have a free advisor watching for me.
 
Investors: QCOM (down 10%), MRK, UNH, VWDRY on sale today. IMHO, MRK and UNH fundamentals aren't changing with new CEOs.
 
I sold my position some time ago. Shouldn’t have. Payment processing is going to keep changing. The last generation that used checks is nearly gone. Covid sped up the vendor side implementation of tap to pay, which helps Apple and Google. Apple now has a credit card of sorts.
Some year, US retail payment processing will catch up with leaders. With bewilderment in grad school in W Europe, I recall discovering checks weren't a thing circa '95. Since '10, phone tap payments became THE thing in E Asia. Dragging and fighting, some Yanks will eventually join the world.
 
Some year, US retail payment processing will catch up with leaders. With bewilderment in grad school in W Europe, I recall discovering checks weren't a thing circa '95. Since '10, phone tap payments became THE thing in E Asia. Dragging and fighting, some Yanks will eventually join the world.

Oh yeah, my parents talked about visiting the Baltic countries and finding that Estonia all had chips etc. years ago, long before they showed up here. My sense has been that the retailers are cheap and didn't want to buy those new systems. But Covid has accelerated that and I can tap to pay almost everywhere now. Two years ago we still had to hand our card over to somebody most of the time.
 
$UAVS

Private (now) Zipline's prospective drone PFE vaccine delivery is interesting. Not relevant today for UAVS, but things could change with PFE and/or other vaccine manufacturers/distributors.
 
TIGR (Robinhood of China) surging today, up 18%! Lot of room for growth left on this one I think,
Further evidence people with minimalist to no clue can start mainland companies, and maybe succeed. Still chuckling about FUTU's absolutely clueless CFO and now TIGR's recent BU MBA grad turned "Strategy VP" with zero brokerage background, no fintech experience, and no relevant experience. The latter speaks Mandarin, and may creatively copy RH or WeBull. Unless FUTU's CFO evolved in recent years, his main attribute is being a son/grandson of an uber wealthy HK family. Seed money-provider? SMH

CNXT ETF - my risk-limiting, <mainland start-up gamble> in a relative smaller balance, riskier Roth. Prefer operationally & financially sounder East Money which CNXT holds, and LU, the highly-respected Ping An wealth mgr/insurance spinoff.
 
It isn't at all exciting, or subject to dramatic increases, but one ETF I like is MOAT. It's a passively managed index ETF. For people looking for something less speculative.
Interesting possibility for risk-aware LT investors. Van Eck also has GOAT which models Morningstar's Global MOAT Index. Thanks for sharing.
 

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