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Post by FRSTDWN on Mar 10, 2021 10:26:05 GMT -5
Have pre order to but at 45 a share and will hold it for my two sons. I will let them be my broker lol.
Good way to learn.
Never understood why most grade schools never teach finance. Kinda important.
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Post by B.Smooth13 on Mar 10, 2021 10:27:54 GMT -5
I read something about RBLX regarding their history of going/almost going public. Can't recall the exact figures, but were going to do an IPO sometime end of 2020, but pulled back at the last hour. Todays DPO @ $45/share is apparently a meaningfully higher valuation vs what they were going to launch the IPO at. Idk, could be huge, seems like it could be more likely to spike and dip, but what do I know.
I got back into messing around with GME yesterday but frankly don't have enough free time to monitor it constantly, so I got out this morning. It of course immediately jumped up $5-$8 as soon as I sold lol but I'm perfectly happy to take my win and walk - covers my losses from other experiments, which is fine by me for the time being. My risk tol is low...like, sea level low haha so it felt like staying in GME, without having a full grasp of what's going on, was a gamble at best - just not the right play for my entry level knowledge at this point.
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Post by FRSTDWN on Mar 10, 2021 17:03:01 GMT -5
I got it at 69 😜. By the time I bought it it had jumped was going to wait but only bought 10 shares 5 for each son. No clue how to value a roblox stock lol.
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Post by B.Smooth13 on Mar 11, 2021 14:48:57 GMT -5
If you haven't already, consider ELY (Calloway). Acquired Top Golf, continued strong trend in golf industry in general - I finally pulled the trigger on that today. Also tracking GOLF (Acushnet, i.e., Titleist). GOLF earnings are coming in a month or so if I remember correctly, and it's been a generally positive "winter" season for the industry - they also went up on high volume products' wholesale price (perma-soft glove, e.x.) by a per-order-amount that doesn't really seem like it'll slam order volume, but those few cents/dollars will add up amongst the bulk of orders. Their manufacturing volume was also EXTREMELY limited last year due to restrictions in MA, often times not being able to fill orders as requested, though the crazy demand from 2020 probably shouldn't be expected (not impossible based on what we've seen thus far in '21 tho). Anyway, long way of saying...just something to keep an eye on in this very specific niche I suppose.
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Post by B.Smooth13 on Mar 23, 2021 11:27:02 GMT -5
So after the first successful options venture that saw me close out around +30%, I dove into what felt like a safe $28s 5/21 call on ELY - and I'm getting deeeesssttrrooooyyyeeedd...biblical daily percentage drops. This could well be my "oh sh%$, you aren't as smart as you thought" big loss that I've heard so many have - that's basically the only positive way I can think about it at this point lol
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Post by FRSTDWN on Mar 30, 2021 2:44:10 GMT -5
Vxx is a safe hedge stock. It's cheap.
Wednesday can't come soon enough.
Wonder if 4 trillion comes with pictures. C'mon man .
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Post by FRSTDWN on Mar 30, 2021 3:05:05 GMT -5
I do still see oil at 70 . Especially if the muppets keep printing money and reducing supply with federal land restrictions.
Caterpillar
URI
Also be decent for the green new mess.
Gl!
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Post by B.Smooth13 on Mar 31, 2021 13:32:50 GMT -5
A couple of current holding positions to keep the chat alive here:
AAPL RKT (should have gotten out earlier this week when it shot up...damnit...lol but the business long term makes sense, though trends haven't been fun to watch) ELY (as mentioned before, absolutely burnt on naked call, but still holding shares. There's just no way it isn't a winner eventually, so I'm riding it out...plus a 8/20 $38/$39 debit spread that cost all of $10 to get into) MSFT COUR (IPO'd today, got it at expected value price, should be interesting to watch) DISCA (b-class disney has had some really odd activity of late, the idea is that there is some bleed over - plus, at time of buy, it was bottoming...hopefully)
Recently (yesterday) moved out of a number of stock holdings that I felt had peaked/weren't going anywhere quickly/to minimize an insignificant loss so that I could reallocate into some smaller options plays. I'd like to get into learning more about the oil market (and other more stable sectors tbh) that Paul has talked about, but I'm not focused there entirely at the moment - trying to grind it out and chip away at regaining the losses from getting my ass handed to me with that naked ELY call.
It's been an interesting process, learning all this (think I've said that in about every post here lol) and it feels like I realize something new every day - it's a nice sense of engagement in all the informational intake, sometimes can be a bit much for me and my head feels like it's spinning, but that's actually kind of my sweet spot sometimes...so we shall see...
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Post by FRSTDWN on Mar 31, 2021 18:27:29 GMT -5
Looks like I'm going to take some losses on shorting SP and the DoW.
Apparently raising corporate taxes and capital gains is a good thing.
Being one of those extremists who own a small business find it puzzling.
What do I know.
I'll take my lumps and move on .
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Post by B.Smooth13 on Apr 1, 2021 9:08:06 GMT -5
MSFT had a big upshot toward the end of yesterday on news of the $1B military contract awarded for their VR headset tech. MVIS tracked the same since some of their tech is in those Hololens units, but took a hit at open today.
Of other interesting news - DISCB looked to have gone through a squeeze yesterday, so I picked up a bit of DISCA, just in case (plus it's a sensible stock anyway), so we'll see how that goes. Yesterday was really positive for me (+5%), today has started the same, so at this point I'm just waiting for the other shoe to drop - can't stay green forever!
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Post by FRSTDWN on Apr 1, 2021 15:41:49 GMT -5
Sounds like you are doing well.
Never seen this before my call on the DOW short reset itself and went blank so I sold it at no loss. Very odd.
VXx option is killing me lol. Probably should have sold but I'm being stubborn. I do own some shares though so one day it will go up to make up for my loss
I got USO and FANG today though. Very nice win. I think oil is still bullish.
Closed out for long weekend. Happy Easter if you celebrate.
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Post by Cecil Harvey on Apr 2, 2021 3:48:28 GMT -5
Long term investing still going fine. I don't have to do or guess on anything and I make money.
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Post by B.Smooth13 on Apr 2, 2021 8:02:33 GMT -5
Picked up a late $3s 4/16 call on AGEN (biotech) yesterday upon news of trial results being presented on the 10th, with rumors/talk of encouraging results. Not to mention, blackrock owns 7%, some firms have a price target of $10 (tho obviously not getting there by 4/16), plus it got to $2.94 or so after-hours. The call cost a whole $20, and if the stock shifts above $3 by much, I should be able to close for a nice positive - that or hold and pray it keeps going up. Worst case, I'm out $20 for something that's nearly already ITM.
COUR has killed it for me since IPO, despite the sell off late yesterday. RKT is the opposite, and my poor timing on ELY shares is still holding back value, but we'll get there. Happy Easter all.
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Post by FRSTDWN on Apr 2, 2021 13:19:51 GMT -5
Long term investing still going fine. I don't have to do or guess on anything and I make money. Yup and once it turns to a bear market ( it will eventually) you will lose money if you do nothing or your broker guesses wrong Gl. |
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Post by Cecil Harvey on Apr 3, 2021 22:42:43 GMT -5
Long term investing still going fine. I don't have to do or guess on anything and I make money. Yup and once it turns to a bear market ( it will eventually) you will lose money if you do nothing or your broker guesses wrong Gl. I do the basic boglehead way. (Named after John Bogle of Vanguard) Low cost index funds only and would never use a broker or pay someone to manage my investments. I keep to my asset allocation and adjust it only when the equity portion gets more than x% out of my target. Sold out of fixed income and rebalanced back to target by adding equities 3 times last year. Once in late February and twice in March. Then in the next 6 months I sold back out of equities back to my target asset allocation 3 more times between April and September. Simple stuff. I don't have the stomach nor the know how for single stocks let alone options, etc. GL to everyone else as well. Good luck to all. |
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International Record: 7-0-0
