Investing General Discussion

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Shonuff

Mr. Poopybutthole
5,538
791
Marco Kolonovic, Steve Weiss and Joe Terranova are saying the airline stock momentum has just started. I agree. Steve and Joe just bought JETS. Joe just said JETS could conceivably double, although Weiss pointed out that the balance sheets are different (too much dilution and new debt).
 

Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,657
121,171
Marco Kolonovic, Steve Weiss and Joe Terranova are saying the airline stock momentum has just started. I agree. Steve and Joe just bought JETS. Joe just said JETS could conceivably double, although Weiss pointed out that the balance sheets are different (too much dilution and new debt).
This is the thing I don't grasp about "many" fund manager/investment gurus. They are always waiting for a movement to decide to buy. To make real money you need to be seeing the stock "before" the movement. Its like they only want to show some low risk low level profits and avoiding any type if possible downward movement no matter how short term it is.
 
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Shonuff

Mr. Poopybutthole
5,538
791
This is the thing I don't grasp about "many" fund manager/investment gurus. They are always waiting for a movement to decide to buy. To make real money you need to be seeing the stock "before" the movement. Its like they only want to show some low risk low level profits and avoiding any type if possible downward movement no matter how short term it is.
To be fair, JETS just crossed the 200 DMA. And there are some people that say to wait two days until after a move past that level before buying.

I'm not upset, y'all are paying me for stocks I'm on. The market got the travel sector wrong.
 

Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,657
121,171
PTON down another 9% today. So glad I saw the light when I grabbed that shit a while back and dumped it for like a 2% profit when I realized how stupid I was.

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Shonuff

Mr. Poopybutthole
5,538
791
AMD and NVDA are up like 50% in the last month. Considering selling. The metaverse is a long time off.
 

Sanrith Descartes

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<Aristocrat╭ರ_•́>
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121,171
I dumped my NVDA for free shekels and will wait for the next downturn to rebuy.
 
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Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,657
121,171
As of the close return by sector in my portfolio. Its just a point in time and not historical so recently adding T and VA cut my Comm sector returns by 50% when they got added in with my existing DIS position. It also doesnt track things I have sold for profits. Just a view of my current sector allocations.

1636406202258.png
 
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Zzen

Potato del Grande
2,887
3,590
lol, I love wsb. I feel it perfectly encapsulates the zeitgeist of the COVID / money printer market.

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  • 1Worf
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billymain

Potato del Grande
700
4,097
it might not be the loss porn you were looking for but it'll have to do. turn on closed captions!
 
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Sanrith Descartes

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<Aristocrat╭ರ_•́>
44,657
121,171
PYPL

Getting crushed pre-market. props to Shonuff Shonuff who predicted seeing $220. The numbers dont justify this its just irrational selling. One analyst downgraded them because "Supply chains". If we start downgrading every financial/fintech company because of "supply chains" then we can just close up shop and go back to agriculture age. Here is the chart. Expect support at around $210. Low of the early session was $214.50. It crashed below its intermediate line of support and I expect it to bounce back up to that level during the session. If it can't then $210 followed by $190-ish. I am adding today.

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