Investing General Discussion

LachiusTZ

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
Locnar said:
Something tells me there will be a sharp crash very soon after open of SNOW as the masses tell themselves "this is way overpriced, ill rebuy when it drops".
Click to expand...

Lol, dude, that's my plan!
 
  • 1Like
Reactions: 1 user
LachiusTZ

LachiusTZ

Rogue Deathwalker Box
<Silver Donator>
14,472
27,162
TJT said:
Something something TSLA?
Click to expand...

Tesla was dirt cheap for... 8 years?

It was there the whole time, has a cult following, Tony stark CEO, etc.

Not the same.

I hope you make money on it, I don't have personal experience with it etc so I'm just going off feels
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,736
131,313
At current estimated opening price SNOW will trade at 70x revenue. Not times earnings, times revenue.
El-oh-el.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,736
131,313
If
Locnar said:
most the airlines been going up slowly but surely awhile now, I'm still waiting for the June 8th levels to come back and then setting trailings.
Click to expand...
If you have blocks of 100 shares consider selling out of the money covered calls on you shares when they spike up for extra return. Keep short duration like a week or two.
 
Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
46,736
131,313
tenor-9.gif
 
Locnar

Locnar

<Bronze Donator>
2,848
3,165
bought 1 share at open for 245, then got caught up and put a market order for 5 more shares. Did not understand what would happen at the end of the volatility halt, price jumped to 300 and my market order hit then.... instantly put a trailing stop loss that hit at 260.

So lost a quick $200 all up, and thats enough IPO education for me for today!
 
  • 2Like
  • 2Worf
Reactions: 3 users
Awanka

Awanka

Molten Core Raider
327
422
Locnar said:
bought 1 share at open for 245, then got caught up and put a market order for 5 more shares. Did not understand what would happen at the end of the volatility halt, price jumped to 300 and my market order hit then.... instantly put a trailing stop loss that hit at 260.

So lost a quick $200 all up, and thats enough IPO education for me for today!
Click to expand...

That's a cheap lesson on IPOs and volatility. Today was educational for me as well.
 
  • 1Like
Reactions: 1 user
You must log in or register to reply here.