Investing General Discussion

LachiusTZ

LachiusTZ

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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".
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Lol, dude, that's my plan!
 
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LachiusTZ

LachiusTZ

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TJT said:
Something something TSLA?
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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

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At current estimated opening price SNOW will trade at 70x revenue. Not times earnings, times revenue.
El-oh-el.
 
Sanrith Descartes

Sanrith Descartes

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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.
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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

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Locnar

Locnar

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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!
 
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Awanka

Awanka

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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.
 
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