Author Topic: Stocks  (Read 802065 times)

Offline Baglach

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Re: Stocks
« Reply #6880 on: May 05, 2022, 09:01:26 PM »
I hope you bought puts before the close yesterday with those proceeds....

Generally people will only brag about 200% gains not so much about their losses

Offline Mf1

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Offline Barryg

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Re: Stocks
« Reply #6882 on: May 09, 2022, 03:35:17 PM »
Let the record reflect that TSLA is between $900 and $910 per share.
let the record reflect that were at $792.
I still appreciate when people share their thoughts especially since now would make a bigger should I moment

Offline yos9694

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Re: Stocks
« Reply #6883 on: May 09, 2022, 05:06:54 PM »
let the record reflect that were at $792.
I still appreciate when people share their thoughts especially since now would make a bigger should I moment

Well let's be fair. Even as someone who was skeptical (on the record) of that prediction, I'm not sure its fair to judge when the entire market is doing a 2008 style correction. Let's revisit and see where this sits when there are some clear winners and losers

Offline haltkup

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Re: Stocks
« Reply #6884 on: May 09, 2022, 05:20:55 PM »
I think it is fair tsla or any growth stock is not the place to park your money when you should be thinking of defensive position due to pe evaluations coming back to earth driven by inflationary pressures. I am not going to predict if/when nasdaq will turn but be aware it can still drop significantly before it reaches 2008 levels

Offline yuneeq

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Re: Stocks
« Reply #6885 on: May 09, 2022, 05:30:29 PM »
Well let's be fair. Even as someone who was skeptical (on the record) of that prediction, I'm not sure its fair to judge when the entire market is doing a 2008 style correction. Let's revisit and see where this sits when there are some clear winners and losers

The premise was about holding a stock for a month, so the prediction is definitely fair game to criticize.
"If you fall, I will be there." -Floor

Offline aygart

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Re: Stocks
« Reply #6886 on: May 10, 2022, 05:29:55 PM »
Feelings don't care about your facts

Offline madhocker

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Re: Stocks
« Reply #6887 on: May 11, 2022, 02:43:28 PM »
Can we get a quote on the inverse Cramer tracker?  :o

Offline Barryg

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Re: Stocks
« Reply #6888 on: May 12, 2022, 08:52:00 AM »
not a prediction but TSLA is around 700

Offline Mordyk

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Re: Stocks
« Reply #6889 on: May 12, 2022, 10:13:09 AM »
Forget TWTR and NFLX. If you want to hold a stock for a month, buy TSLA and thank me later.
Let the record reflect that TSLA is between $900 and $910 per share.
oy vei
#TYH

Offline YitzyS

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Re: Stocks
« Reply #6890 on: May 12, 2022, 10:21:52 AM »
oy vei
It's not a month yet. It's not fair to jump to conclusions yet. The stock could be over $1000 at that point.

ETA: And anyone who bought NFLX is not doing much better. It's down about 18% since then.

Offline Barryg

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Re: Stocks
« Reply #6891 on: May 12, 2022, 10:46:44 AM »
It's not a month yet. It's not fair to jump to conclusions yet. The stock could be over $1000 at that point.

ETA: And anyone who bought NFLX is not doing much better. It's down about 18% since then.
if youre down 18% in NFLX hood for you. Im down over 50%. Good thing Im only in for a few pesos and Im not selling until Im even or up.
So far Id say it was a decent move to buy at 900, but better to have added a lot more into TSLA when it was at 700 this morning. (Without giving advice-just what I did)

Offline Danlover111

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Re: Stocks
« Reply #6892 on: May 12, 2022, 10:50:40 AM »
It's not a month yet. It's not fair to jump to conclusions yet. The stock could be over $1000 at that point.

ETA: And anyone who bought NFLX is not doing much better. It's down about 18% since then.
Killed it on TSLA calls today.

Offline ExGingi

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Re: Stocks
« Reply #6893 on: May 12, 2022, 11:05:40 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline haltkup

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Re: Stocks
« Reply #6894 on: May 12, 2022, 12:12:18 PM »
Killed it on TSLA calls today.
Did you sell out of your position??

Offline Danlover111

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Re: Stocks
« Reply #6895 on: May 12, 2022, 01:12:50 PM »
Did you sell out of your position??
Yes, was in it for about 40 minutes.

Offline AsherO

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Re: Stocks
« Reply #6896 on: May 12, 2022, 01:26:18 PM »

The irony is that when youre down 20% the instinct is to grab your money and run, I was just talking to some one about this today in practice, and in the long term that kind of attitude (for their situation)
will cost them REAL money!

Im not saying you have to keep your money in and ride it out, but you do have to evaluate rationally.

Offline Danlover111

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Re: Stocks
« Reply #6897 on: May 12, 2022, 01:31:42 PM »
The irony is that when youre down 20% the instinct is to grab your money and run, I was just talking to some one about this today in practice, and in the long term that kind of attitude (for their situation)
will cost them REAL money!

Im not saying you have to keep your money in and ride it out, but you do have to evaluate rationally.
Yup, very true.

Offline ExGingi

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Re: Stocks
« Reply #6898 on: May 12, 2022, 02:23:50 PM »
The irony is that when youre down 20% the instinct is to grab your money and run, I was just talking to some one about this today in practice, and in the long term that kind of attitude (for their situation)
will cost them REAL money!

Im not saying you have to keep your money in and ride it out, but you do have to evaluate rationally.

Yup. I was discussing the psychology of it with a client of mine that called me today contemplating pulling out of their Whole Life insurance because they "can average 6% in an index fund". I explained the difference between a 6% average over a long term, with ups and downs and the various emotions that can dominate at various points.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline madhocker

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Re: Stocks
« Reply #6899 on: May 12, 2022, 02:39:03 PM »
We are approximately 1% shy of the S&P going into bear market.

Any bets that we get there before the end of the week? Will buyers surface when we hit that level, and claim the market is 'oversold'?

Stay tuned.... This has been a wild ride.