Author Topic: Stocks  (Read 777183 times)

Offline ExGingi

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Re: Stocks
« Reply #6180 on: October 28, 2021, 02:43:03 PM »
I opened an e*trade account on June 28 and put in $72. It's not 4 months later - to the day - and my net account value just reached $144, double my investment.

Beautiful.

I had an old HSA account with under $60 left in it before I rolled it over to Fidelity. It's has tripled by now. I can tell you that this is NOT scalable. I would never take similar risks with my ROTH IRA (though if one were to carefully analyze the moves I made, they were probably not too risky, just lacked diversification).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Shauly101

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Re: Stocks
« Reply #6181 on: October 28, 2021, 03:35:29 PM »
I opened an e*trade account on June 28 and put in $72. It's not 4 months later - to the day - and my net account value just reached $144, double my investment.

actively trading or one stock doubled?

Offline Shmulie

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Re: Stocks
« Reply #6182 on: October 28, 2021, 05:47:34 PM »
What's going on with Lucid?

They delivered their first car  ::)

Offline coffeebean

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Re: Stocks
« Reply #6183 on: October 28, 2021, 05:55:07 PM »
They delivered their first car  ::)
I can't believe they have market cap almost as much as NIO, when NIO delivered 100s of 1,000s cars. I'm a big NIO guy unfortunately.

Offline Shmulie

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Re: Stocks
« Reply #6184 on: October 28, 2021, 06:00:30 PM »
I can't believe they have market cap almost as much as NIO, when NIO delivered 100s of 1,000s cars. I'm a big NIO guy unfortunately.

Why unfortunately? I think NIO is a great company that has already proven themselves

Offline YitzyS

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Re: Stocks
« Reply #6185 on: October 28, 2021, 06:01:17 PM »
Beautiful.

I had an old HSA account with under $60 left in it before I rolled it over to Fidelity. It's has tripled by now. I can tell you that this is NOT scalable. I would never take similar risks with my ROTH IRA (though if one were to carefully analyze the moves I made, they were probably not too risky, just lacked diversification).
+1.

I would never do it with serious money. Just like I may buy a scratch off lottery once in a while, but would never see it as a real investment. I just feel like a played a fun game and won.

Offline coffeebean

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Re: Stocks
« Reply #6186 on: October 28, 2021, 06:59:15 PM »
Why unfortunately? I think NIO is a great company that has already proven themselves
Stock hasn't performed in over a year.

Offline Shmulie

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Re: Stocks
« Reply #6187 on: October 28, 2021, 07:13:35 PM »
Stock hasn't performed in over a year.

TSLA didn't perform for a few years. If you believe in the company use this time to build your position and hold long term

Offline YitzyS

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Re: Stocks
« Reply #6188 on: October 28, 2021, 07:28:23 PM »
actively trading or one stock doubled?
Active trading. Most of the money I made was from buying the type of stock I mentioned earlier today - like RFL - where the stock was worth a lot of money for an extended period and then dropped drastically. I have missed, but there usually is at least some rebound.

One example: ATER, was $47 in Feb, dropped drastically. I bought in at $5.48 on 8/9, it dropped till $3.11 before it started to rebound. Sold 9/13 for $17.20. (It subsequently dropped again, now at $6.85. And I bought some more recently, hoping it will go up again.)

Another example: ALLO, was between $21 and $39 for a year, then suddenly dropped to $13 after a test was put on hold. I bought at $13.77 on 10/11, and sold for $16.35 on 10/26.

Offline CountValentine

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Re: Stocks
« Reply #6189 on: October 28, 2021, 07:40:03 PM »
I opened an e*trade account on June 28 and put in $72. It's not 4 months later - to the day - and my net account value just reached $144, double my investment.
You go girl!!!
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Cat18

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Re: Stocks
« Reply #6190 on: October 28, 2021, 08:30:30 PM »
Stock hasn't performed in over a year.

Neither has amazon

Offline YitzyS

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Re: Stocks
« Reply #6191 on: October 28, 2021, 09:16:52 PM »

Offline madhocker

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Re: Stocks
« Reply #6192 on: October 29, 2021, 12:13:21 AM »
Anyone following META? Seems to be a lot of confusion buying, thinking that it is the new name of Facebook.

Stock was up sharply AH today on heavy volume. Maybe a short term play for tomorrow....

Offline ExGingi

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Re: Stocks
« Reply #6193 on: October 29, 2021, 12:14:54 AM »
Active trading. Most of the money I made was from buying the type of stock I mentioned earlier today - like RFL - where the stock was worth a lot of money for an extended period and then dropped drastically. I have missed, but there usually is at least some rebound.

One example: ATER, was $47 in Feb, dropped drastically. I bought in at $5.48 on 8/9, it dropped till $3.11 before it started to rebound. Sold 9/13 for $17.20. (It subsequently dropped again, now at $6.85. And I bought some more recently, hoping it will go up again.)

Another example: ALLO, was between $21 and $39 for a year, then suddenly dropped to $13 after a test was put on hold. I bought at $13.77 on 10/11, and sold for $16.35 on 10/26.

The flip side is:

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline shie123

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Re: Stocks
« Reply #6194 on: October 29, 2021, 01:13:15 AM »
Anyone following META? Seems to be a lot of confusion buying, thinking that it is the new name of Facebook.

Stock was up sharply AH today on heavy volume. Maybe a short term play for tomorrow....
So it could be confusion as you are speculating or it could be real, MMAT has ground breaking technology where you can companies like Facebook wanting to partner with them on those.
Non the less even if it just a confusion, you can see retailers being excited to attempt a "short squeeze" based on the confusion as it is a heavily shorted stock.

Offline savvydigz

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Re: Stocks
« Reply #6195 on: October 29, 2021, 06:17:48 AM »
Anyone following META? Seems to be a lot of confusion buying, thinking that it is the new name of Facebook.

Stock was up sharply AH today on heavy volume. Maybe a short term play for tomorrow....
FB is not a particularly popular retail stock, The b people buying it are not confused they know what's happening.
The idea is it's it's something fresh, so investors are putting in some money. I don't see how they will actually increase revenue or profits from this change, but sometimes you just need some headlines to push a good company up.

Offline madhocker

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Re: Stocks
« Reply #6196 on: October 29, 2021, 08:50:47 AM »
Anyone following META? Seems to be a lot of confusion buying, thinking that it is the new name of Facebook.

Stock was up sharply AH today on heavy volume. Maybe a short term play for tomorrow....
Sorry, proper ticker is MMAT. Some confusion on my part  ;)

Offline shie123

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Re: Stocks
« Reply #6197 on: October 29, 2021, 09:10:26 AM »
Sorry, proper ticker is MMAT. Some confusion on my part  ;)
Yes that is the one I was referring to.

Offline GershonNY

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Re: Stocks
« Reply #6198 on: October 29, 2021, 10:13:39 AM »
What about TWTR buy now or still dropping?

Offline yos9694

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Re: Stocks
« Reply #6199 on: October 29, 2021, 11:44:59 AM »
Another example: ALLO, was between $21 and $39 for a year, then suddenly dropped to $13 after a test was put on hold. I bought at $13.77 on 10/11, and sold for $16.35 on 10/26.

Nice! I did a quick in/out with ALLO too at about the same prices, though I usually prefer stocks that I can hold for longer. Was thinking of re-entering it when the price dipped again but it didn't get low enough yet. My target is $10-$12 (unless there's a break in the radio silence) and it hasn't sunk back below $15.