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#8101 |
I'll be back.
Join Date: Nov 2002
Casino cash: $1060478
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If the stock is a piece of ass there's no shame in dumping it.
I did that myself with NAK and GNUS not too long ago.
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Posts: 296,643
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#8102 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
Casino cash: $2429601
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BORR finally starting to move back up. I read an article that predicted we're going to see a shift from pandemic stocks (zoom, tech, etc) back to "reopening" stocks, i.e. banks, energy travel. I bought UBER back in September and already it's been going up nicely since.
You guys who have CDEV are looking pretty fly. |
Posts: 12,301
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#8103 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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That's the reason I dont stress AMC dips and buy more. Even if it doesn't squeeze (has to eventually, numbers dont lie) as theatre openings start increasing the stock will move up at least enough to make a small profit. Yes, it was slowly dying before COVID but people miss going to the movies now. It will profit substantially at the very least for a year or so.
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Posts: 11,437
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#8104 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-680000
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The market will keep bleeding red until you all throw in the towel.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,896
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#8105 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1328100
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Nasdaq in official correction territory. Down over 10%.
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Posts: 46,293
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#8106 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $50526
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What does "official correction territory" mean?
Does this have any relevance to timing your investments in our current environment?
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Adopt-A-Chief: John Dorsey
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Posts: 18,618
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#8107 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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Market down, GME up is a trend.
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Posts: 11,437
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#8108 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-680000
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A lot of NASDAQ high flyers are down 35-40-50% from their recent highs.
What goes way up too quick, must come down too quick.
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"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
Posts: 54,896
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#8109 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1328100
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Quote:
10% drop has significance and the downward trend is official IMO around this marker. |
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Posts: 46,293
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#8110 | |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
Casino cash: $2429601
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Quote:
When there's that much upside in the bull people are taking profits, it's just what happens. Especially with s much uncertainty still around what type of recovery there will be, how long, etc. If millions of people are on limited or no income, it's not like everyone;s gonna be ready to hop on planes and spend money. |
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Posts: 12,301
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#8111 |
MVP
Join Date: Oct 2006
Location: West of the Equator
Casino cash: $-1560099
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Boy. Powell didn't do the markets any favors with his words today or for the near future.
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Posts: 13,820
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#8112 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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Posts: 11,437
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#8113 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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#8114 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1335266
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I dumped Deere this afternoon. Lew was right. I should have put a trailing stop in. I wanted to sell Monday but though hell it’s on a run counter to the market. LET IT ROLL. That was the top.
I really want to tie out their EOP deadlines are to their earnings reports. I have a pretty good handle on the ag market. Turf is pretty flat. Construction is typically pretty stable. I know ****all about forestry, but I think I can capitalize on the flex in the ag sector. |
Posts: 59,925
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#8115 |
Indian Twitter
Join Date: Nov 2000
Location: Free Agency
Casino cash: $-1953802
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Just hanging on.
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[/SIGPIC] |
Posts: 16,088
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