Investing General Discussion

TJT

TJT

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CRM on the downswing. Might be a prime time to buy more if you're onboard with it.
 
Sanrith Descartes

Sanrith Descartes

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TJT said:
CRM on the downswing. Might be a prime time to buy more if you're onboard with it.
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Good chance it retests the low teens. I have a full position but a price of $212 - $213 would be s solid entry/add position.
 
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Sanrith Descartes

Sanrith Descartes

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Blazin said:
My crappy performers so far for 2021:
2020 YE vs Yesterday close
KO (Down from 54.84->48.68)
LMT (Down from 354.98 -> 341.67)
PEP (Down from 148.30 -> 141.33)
VZ (Down from 58.75 -> 57.26)

Despite the above crapfest hit a new portfolio high yesterday thanks to QQQ, BABA, FB, AAPL LOW , MSFT and AMZN.

I'm sticking with the poor performers selling calls against them every month, even if they stay flat for the year should be able to make between 8-15% on them for the year from options.

Eager to see how the market reacts if we can hit 3900-3920 range on SPX over next week or two. Would not be surprising to see a gut check back to 3600 which would magically feel like a bargain for dip buyers when just a handful of weeks ago it would have been buying the top.
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The big factor yesterday was with that bit 2% gain for the Nasdaq, it was about 50/50 advancers to decliners. Today we are green with only 35% advancers. I am sensing a disturbance in the force.
 
Sanrith Descartes

Sanrith Descartes

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Wrote some puts on BTWN and CCIV both at $12.50 strike expiring next month. I have an order in for PG again at $130.50 and KMB at $130 so far.
 
Fogel

Fogel

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So the latest CCIV news is the company that owns the majority stake in Lucid has a big show planned next week, so speculation is we might get an announcement then. CCIV has been holding the 18$ level so far, might even get a bump before the forum.

 
Araysar

Loser Araysar

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If anyone is still holding TQQQ

its having a 2:1 split tomorrow
 
Jackie Treehorn

Jackie Treehorn

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TJT said:
Are you just now discovering it? WSB is prime free entertainment.
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The best is when you see someone post that kind of YOLO stuff where I’ve seen them say they lost their job, spent all their remaining savings on crazy options plays, or their kids college fund, etc...then you click on their profile and see what they’re posting in other subs. I’ve seen them realizing how much they fucked up, asking how to get food, psychological help, can they “reverse charges on stock buys” and all kinds of shit.

It’s a real shit show. I think the power of gambling in your hands is just too dangerous to some people , without physically having to go to a casino.
 
Blazin

Blazin

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Sanrith Descartes said:
The big factor yesterday was with that bit 2% gain for the Nasdaq, it was about 50/50 advancers to decliners. Today we are green with only 35% advancers. I am sensing a disturbance in the force.
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Depends on what happens next, we have had a lot of names not participating like my crapfest list. We can then rotate without any significant decline in the market while tech cools off again. But you are right if it continues on without broad participation or rotation it would be a worrisome short term sign.
 
Sanrith Descartes

Sanrith Descartes

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Blazin said:
Depends on what happens next, we have had a lot of names not participating like my crapfest list. We can then rotate without any significant decline in the market while tech cools off again. But you are right if it continues on without broad participation or rotation it would be a worrisome short term sign.
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This is why I am shopping names like PG and KMB
 
Indyocracy

Indyocracy

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Bought back in to CCIV at 17.5, technically still at a profit from when I bought at 10, and secured $100 from when I sold at 18.5
 
swayze22

swayze22

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Am I missing something on $ACAM & $LOTZ? Looks like it will be a winner but still trading low...? (IS THIS FAKE NEWS)

1611245871382.png

1611245882200.png
 
Fogel

Fogel

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I said it before, I like LOTZ but it's a long not a short IMO. I'm holding it long FYI. Also, apparently there is an ETF dedicated to pre LoI spacs SPCX, I'll start checking it out.
 
Furry

Furry

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Investing in carlotz would feel like someone pitching blockbuster as a breakthrough investment in 2002.
 
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