Investing General Discussion
- Thread starter Furious
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Indyocracy
Stock Pals Participant
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Seems like an odd company to jump into during shutdowns and travel restrictions...
Jysin
Ahn'Qiraj Raider
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On the other hand, it can provide a self sustained and isolated vacation spot vs hotel bookings.
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lesson of the day, you can't make money if you watch a stock too close and buy in/out a dozen times. sigh. I started pre market at 9 dollars in SLS, and now its 16 dollars, and i lost money. I'm like a magician.
edit: now 17.5 and trading halted, and I got shook out on a 15 percent trail a hour ago. What a sickening feeling.
edit#2: This was exhausting and im not doing it again, day trading is NOT for me. I traded SLS up and down at least 20 times today and just did my "oh please let it go up a little so I can just break even and be gone" trade. End result: -$280 for the day in that one stock.
HAD I JUST left it alone and walked away after buying this morning, i'd be up 10k.
I'm done, I'm ready for a break. My nerves are fried and im done with 1) options and 2) day trades
I've done just fine with year, the last thing I need is to burn all my gains and then some in a bonfire.
edit: now 17.5 and trading halted, and I got shook out on a 15 percent trail a hour ago. What a sickening feeling.
edit#2: This was exhausting and im not doing it again, day trading is NOT for me. I traded SLS up and down at least 20 times today and just did my "oh please let it go up a little so I can just break even and be gone" trade. End result: -$280 for the day in that one stock.
HAD I JUST left it alone and walked away after buying this morning, i'd be up 10k.
I'm done, I'm ready for a break. My nerves are fried and im done with 1) options and 2) day trades
I've done just fine with year, the last thing I need is to burn all my gains and then some in a bonfire.
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Khane
Got something right about marriage
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If it doesn't get shut down by local governments. Which was already starting to happen even before the pandemic. Many areas are levying massive restrictions or outright banning short term vacation rentals.
Borzak
Silver Baron of the Realm
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A lot of locations have been cracking down on them and requiring them to act like a hotel rules wise. Room use tax is a large amount of money for a lot of places. They see it as lost money. Won't take long to figure out a way to tax it to death.
Sanrith Descartes
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Closed out my covered calls expiring next week on PLTR at the close. Only made about a nickel on them. I wrote them pre- $20 a share so the premium was great back then, not so much after it rocketed over $30. I could have waited to let them expire next week but this stock has done too much crazy shit lately. Reward was nowhere near the risk.
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Sanrith Descartes
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DIS was one of my first buys before the crash. I ended up buying a little higher but was able to dollar cost it down when it plunged. I am up about 35% on the year in it. And Cali is still closed.Yeah, I'm going to unload all my shares I got from my puts last week after I close out my call this week and give it a breather to simmer down. I'm going to jump onsadris DIS put action, the numbers look good from what I've looked at so far.
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Sanrith Descartes
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With 3 weeks left in the year and me sitting on a huge pile of cash closing out my QQQ below the top, I think I am going to look to set up some puts next week for the January expiry and let the rest of my portfolio autopilot into the new year. If I am right about a nice dip coming for QQQ down around the support level them i'll set up an entry with puts otherwise just kick it back and relax until after year's end.
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Sanrith Descartes
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Sanrith Descartes
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LAZR
Down 7% during the day, down another 7% after hours. Cramer called for profit taking in the EV space.
Down 7% during the day, down another 7% after hours. Cramer called for profit taking in the EV space.
Sanrith Descartes
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Why Kevin O'Leary Is Betting On Bill Ackman's Pershing Square Tontine SPAC
Investor Kevin O’Leary presented at the inaugural Benzinga Global Small Cap Conference. Among the many topics he covered in his presentation was his thoughts on SPACs.
amp.benzinga.com
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Man these SPACs are fun to invest in. If you buy cheap I've yet to find one yet that didn't quickly go up a few bucks for quick in and out turnaround. I never hold much long term in my "play around" account so it works out. And I don't do options gambling.
Fogel
Mr. Poopybutthole
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Nio joins Tesla and other rivals in rush to offer more shares in electric-vehicle companies
Electric-car companies may be selling more shares than cars at the end of 2020.
www.marketwatch.com
Tesla and a bunch of the chinese EV's including NIO are selling more shares. I'm still staying away from the chinese EV's myself, just don't trust anything with chinese exposure.
Sanrith Descartes
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In my analysis, SPACs follow a very discernible share price pattern. If you play the pattern and dont get "too" greedy, you should do ok. With SPACs remember the golden rule...
Pigs get fat, hogs get slaughtered.
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Sanrith Descartes
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DIS exploding upwards after investor day yesterday. +8.5% in the pre-market. Looks like I am having tendies for lunch.
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They've seemed to have been too good to be true if you get in close to 10. No real risk downside and very good chance it goes up a couple dollars while waiting for merger. Lets use them while the getting is good, I can't see how such a "sure thing" lasts long term.
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Fogel
Mr. Poopybutthole
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Was able to get my put in at 3.50 a share while it was at 154, pass the sweet and sour sauce
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Fogel
Mr. Poopybutthole
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