Play off the expression that "Stonks only go up"
You going to tell me you dont know what tendies are next? :)
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Play off the expression that "Stonks only go up"
You going to tell me you dont know what tendies are next? :)
Dude take it all off. I don't know where you got in, but at this point how much more could this really go up? It could certainly go back to $120 or less in a couple hours.
Just my opinion anyways.
Ha, nah, I went to WSB the other day trying to see if I can see some trends developing, but it all seemed like crazy talk.
I'm leaning on you guys to decipher.
Ya I don't think we can or should deny the influence. Nor should we expect the influence, or at least the money that goes hand and hand with that influence will leave the market.
I think we should just expect these very choppy waters to continue.
bought @ $20 200 shares. Took 50 off at $60 and just took another 50 off at $283. total cost basis on shares was $4106 incl commish. 50 @ 60 was netted me. 3073, 50 @ 283 netted antoher $ 14k. letting the rest ride supposedly the squeeze will come this friday.
Bunch of years ago I went to the brick and mortar Charles Scwhab, put some money in and bought one stock, didn't do well with it, I guess I went back to the office(I don't even remember) and took the money out however long later. I guess once the money was in I could have made phone calls to make trades, and I figure I would have paid whatever fee.
People can't possibly be comparing how easy it is to trade now to back then.
Not to mention the social media aspect, which certainly has negative aspects to it, but also has a significant educational aspect to it as well.
Just so people can't say we only talk about our wins on this thread, I'm getting beating up pretty good today(though it was worse just after the bell).
I also didn't panic and sell, which is something I've gotten better at.
I also didn't panic and sell, which is something I've gotten better at.
This was purely a "dumb Luck" trade. Have been on reddits Wall street bets for over a year. never felt compelled to buy anything that they were hyping. In fact until GME, WSB was a place where most guys were complaining about their losses. Anyhow, back in early december GME was being hyped. I ready many threads about it and some of the guys know what they are talking about. Anyhow, I said what the hell put 4k into it and see what it does. Never in my wildest fantasies of what this stock has done even came into the picture. It was just pure dumb luck. I realize this thing can fall off a cliff anyday or anyminute. That is why I took off 100 shares. I have a solid profit and if the rest falls precipitously I am well ahead of my original investment. If this thing goes to 1000 like some on reddit are calling for I am out. I am always reminded of the saying, "bulls make money, bears make money, but pigs never make money. The ride with GME has been great easily the best performer in my portfolio by far.
Great morning! Bought a ton of stuff on the cheap (cheap as of now! LOL). ARKK at $136, GBTC at $28.4, ETHE in the low $13's. Also made the jump into HIVE at $1.75.
My battery is hanging in, but my charging cord is wrecked. I have to plug in each night with the cord on 3 books and at a specific angle! But it still works.
😀
I love BB for the buttons, so I hope they have a legit option soon for Verizon (haven't checked in a while). Plan B would be the latest Galaxy. I want to stay with an Android, since I have an iPhone from work.
GME currently at $372.
Your killing it, but if it were me I would continue to trim on the way. Dumb luck was getting in on a crazy run, but playing it smart, and you have, is not about luck.
I sold too soon! LOL! I should have held all of it. Oh well. I still have 100 shares holding for the gamma squeeze friday.
Good to have a plan and stick to it. No emotion or panic. I have been waiting for some buys for the past week. Great morning to pull the trigger on these!
I was in on, and mentioned AMC a couple months back. Lost a couple bucks and sold.
TSLA at half the pre split price.
It's why I've gone to a huge widespread portfolio. In this market, just about everything will eventually go on a run. And then after a month or 2, it runs again.
TSLA at half the pre split price.
It's why I've gone to a huge widespread portfolio. In this market, just about everything will eventually go on a run. And then after a month or 2, it runs again.
I was tempted to sell it all when I was up 125% in four weeks. Now I am up multiples of that and just took off another 50 shares. I will wait for the Gamma Squeeze and see what happens its ALL gravy from this point.
first sell was at 60 second sell at $283. cost basis on 200 shares was $4k. Have 100 shares left for the gamma.
But what are you arguing? That you could have traded online 25 years ago? Or that it was as prevalent, as easy, or as inexpensive? If it was the former its almost irrelevant, sure you could have, but very few were. Now many are trading online, it's very easy, (I was looking at the opening today while at the doctor), and it's commission free.
It's a big difference. What does the difference mean is debatable, but the fact that it is different is not.
Hardly lying around. This was most of what they had. And they had the option of getting 6-8% in a totally secure CD depending on the exact year. And the future down payment..."And like the [poof] it's gone"
Oh yeah, nah, stick to it, but selling along the way is the smart thing, even if you don't max out your return.
But again you nailed it, I'm on the sidelines, so I'll stay out of your way.
As I said this was a dumb luck trade. My due diligence was listening to a bunch of guys I don't know whose financial expertise is very questionable. I will say in my investing experience this has been the trade of a lifetime. If my entire portfolio was in GME I would be pulling up to the Rutgers games red lot in my ferrari. My 200 share trade has been a nice ride but not lifechanging money.
This is the definition of YOLO and FOMO. Good luck. I bought a bunch of MegaMillion tkts last week.
They are probably the first ones selling! They know their company is crap.
I don’t think they can just sell. Insiders need to file paper work and wait. This must be killing them.
I'm not really clear on what your point is. $5-6k may have been most of what a 25-year old had back then, but I'm telling you that $5000 is beyond what a majority of 25-year olds have now. Most people in their mid-20s couldn't afford to open a brokerage account until Robinhood popped up with no minimums.
