OT: Stock trading | Page 132 | The Boneyard

OT: Stock trading

98Uconn said:
Crypto...I know most are at or around ATH right now... and Bitcoin is the clear leader.. although it seems to have more usefulness as of a store of value rather than a currency.. and Ethereum, although high gas fees.. has endless potential (ie NBA Top Shot)... but for those of you more In the know than I (I've been reading up on the technology for a few months and slowly investing a few hundred bucks here and there ).. doesn't it seem likely that Cardano, Link, HBAR and others like that can all succeed and really take off on the next decade? I may be way off but this seems as revolutionary as the advent of the internet..
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HBAR has tripled since this post. Good call here. Limited short term upside given run up, or just getting started?
 
Buying opportunities today? Ahead of the Fed announcement/non-announcement (def doing nothing now, spec on what it might do sometime in future) that is driving markets lower seemingly just because. SENS back <3, NNDM only halfway recovered seems to have hit a short-term ceiling.
 
PLUG got whacked last night and this morning. Not sure why. Perhaps an energy policy decision? I picked up some for the future.
 
HuskyHoosier said:
HBAR has tripled since this post. Good call here. Limited short term upside given run up, or just getting started?
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I am very new to Crypto but I'm reading up on and absorbing as much as I can. The trick is, everyone seems to have a reason why "their coin" is the next Bitcoin. The alt's are very susceptible to pumping and perception. From the little I know, HBAR seems to operate differently.. having a governing council and seems to be built for longer and slower growth.
 
HuskyHoosier said:
HBAR has tripled since this post. Good call here. Limited short term upside given run up, or just getting started?
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HBAR is doing a slow role out of their platform. It will have these "potential" bumps or news bumps along the way that should move the price. It's a great long term hold. Just nibble on it over the next year and buy any dips.
 
Anyone loading up on anything in the last few days? SNDL seems interesting but has taken a hit (no pun intended) the last couple of days.
 
StllH8L8ner said:
Anyone loading up on anything in the last few days? SNDL seems interesting but has taken a hit (no pun intended) the last couple of days.
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Bought a small amount of WIMI this AM on its 20% dip today (dilutive $84m capital raise at $7.50 for SPAC units at low $8.50 2yr exit), otherwise unfortunately would have to sell at losses.

Seems the market switched too early to recovery stocks & worldwide new virus waves are troubling, tech isn't staying down.
 
Monday Monday, could be interesting. More Archegos Capital/ Bill Hwang impact? Nomura PB-client defaulting on $2b margin call? MS purportedly shopping unusually large block of securities during weekend. No clue what will occur with DISCA and VIAC, but lucky to recently sell the latter >99.

Happy to increase some cash, but bought some MSGE down 10% post-MSGN merger announcement and a little GME at 117 AH in small gambling Roth.

Ever Given ship potentially partially refloated, but reportedly a few weeks best for the Suez Canal to be fully operational. Meanwhile, Erdogan clusterpharking Turkey some more, yet began initial DCA in TUR for the real LT when he’s finally gone.
 
At this point, I'm just waiting and watching. Don't see any clear reason to buy or sell right now.
 
HuskyHawk said:
At this point, I'm just waiting and watching. Don't see any clear reason to buy or sell right now.
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Yeah I've rolled over a bunch of cash to IRAs and I keep sitting on it. Safest/smartest route would be to throw it into ETFs, but what fun would that be....
 
After selling long held mutual funds late Jan-mid Mar, high flyers bought late Mar 2020 as many Americans belately learned of non-flu SARS-2, guaranteeing old energy/oil and MAR, SABR, ALK and AAL breakevens 2 weeks ago, sitting on ship loads of cash may not be the worst situation. Just announced all-cash merger buyouts of 2 companies (GNMK & FLY) involuntarily add more unplanned cash.

Shenanigans-inspired margin call impacts aside, opportunities exist with reasonable LT upside IMHO. Similarly, lesser perceived correlation exists with still oversold UK and current SARS hammered EU (adding more FLGB, DAX and IEUS on dips). Even in the States (bought Medicare-safety LHCG, added to precious metals/coin dealer AMRK booming after recent acquisition and on inflation fears pre-new reports of potentially accepting crypto payments, added to oversold regional bank KRE pre-market below today's low, adding more XLB and XLI infrastructure on bigger dips and federal funding initiatives, and may even buy back in VIAC if it hits 40 or levels out <45). Not day trading, other than some GME in gambling Roth and consistent paying tenants help.
 
Slasher said:
It has been a rough few weeks for my portfolio as I'm tech heavy. Probably too tech heavy. Down quite a large amount from my all-time high. A lesson learned for the future.
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But you are keeping it real. That is always the most refreshing part of any message board post. We all have been there.
 
Slasher said:
It has been a rough few weeks for my portfolio as I'm tech heavy. Probably too tech heavy. Down quite a large amount from my all-time high. A lesson learned for the future.
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I too switched from re-opening to tech way too early after the first big dip and it cost me close to a 1/3 of my profits. However, I've been buying the dips hard and working extra hard swing trading and now getting back close to ATH. The last two days have been helpful and I'm feeling good about my portfolio again.

On a side note, I gave my cousin some tips and he did well with AMC. But now he complains to me every other day about CLOV. Whutdafuq? All these new investors want instant gratification. He went from buying for long hold to 'why doesn't it go up 50% in a week'?
 
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