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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 05-27-2020, 05:54 AM   #4936
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Originally Posted by lewdog View Post
I hope some of you chumps posting these low level stocks post your losses when the bottom falls out of those turds.
I did, remember IQIYI?

Now piss off!
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Old 05-27-2020, 12:51 PM   #4937
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WTF is happening to SHOP?
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Old 05-27-2020, 01:32 PM   #4938
Iowanian Iowanian is offline
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Quote:
Originally Posted by lewdog View Post
I hope some of you chumps posting these low level stocks post your losses when the bottom falls out of those turds.
If it makes you feel better, my worst beating so far is buying X(US Steel) at $38.
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Old 05-27-2020, 01:38 PM   #4939
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I hope some of you chumps posting these low level stocks post your losses when the bottom falls out of those turds.
Quit making fun of my blind faith in ford!
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Old 05-27-2020, 02:33 PM   #4940
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Old 05-27-2020, 03:48 PM   #4941
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Originally Posted by Iowanian View Post
If it makes you feel better, my worst beating so far is buying X(US Steel) at $38.
Woof!
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Old 05-27-2020, 04:03 PM   #4942
ChiliConCarnage ChiliConCarnage is online now
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Quote:
Originally Posted by Mr_Tomahawk View Post
WTF is happening to SHOP?
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Originally Posted by Iowanian View Post
If it makes you feel better, my worst beating so far is buying X(US Steel) at $38.
Well, Instagram released some ways to pay direct on their platform. Really, it's just a broad 2 day risk-on rally. Your SHOP money went into Iowanians X which was up 7% today or Bank of America up 15% in the last two days, some of the airlines up 20% over that period.

The market got bullish and it's moving money back out of recent high flyers into sectors badly damaged due to covid or the ones that are just always cyclically tied to the economy.

Almost everything saw a good recovery at the end of the day. Mid day AYX and TWLO, TTD were down 10% or close
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Old 05-27-2020, 04:26 PM   #4943
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Woof!
If I know one thing it's how to dig a hole until I hit bedrock.

I've countered that with buying more at the bottom so my average is a little over $10/share now and it's coming back to that neighborhood.

I've made better decisions since then, and I am learning from this thread. I try to avoid the wild hair investments without knowing WHY I'm buying into that. Casino, airline, oil, and cruiselines because when Rona stops scaring people....people gonna spent money.

The only recent exception is that when Clay gets out of something...I know it's a winner, so I bought Mark yesterday when he said he sold.....
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Old 05-27-2020, 04:39 PM   #4944
Hog's Gone Fishin Hog's Gone Fishin is offline
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Originally Posted by Iowanian View Post
If I know one thing it's how to dig a hole until I hit bedrock.

I've countered that with buying more at the bottom so my average is a little over $10/share now and it's coming back to that neighborhood.

I've made better decisions since then, and I am learning from this thread. I try to avoid the wild hair investments without knowing WHY I'm buying into that. Casino, airline, oil, and cruiselines because when Rona stops scaring people....people gonna spent money.

The only recent exception is that when Clay gets out of something...I know it's a winner, so I bought Mark yesterday when he said he sold.....
You've learned well grasshopper!
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Old 05-27-2020, 04:46 PM   #4945
Hammock Parties Hammock Parties is offline
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The only recent exception is that when Clay gets out of something...I know it's a winner, so I bought Mark yesterday when he said he sold.....


So I went from 1.84 to 2.88.

You went from 2.88 to 3.40.

Who's the winner here?

I wouldn't hold it too long tomorrow....
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Old 05-27-2020, 05:03 PM   #4946
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FYI if you're still in on MARK, the yahoo board is absolutely hilarious.

https://finance.yahoo.com/quote/MARK/community?p=MARK
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Old 05-27-2020, 05:15 PM   #4947
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FYI if you're still in on MARK, the yahoo board is absolutely hilarious.

https://finance.yahoo.com/quote/MARK/community?p=MARK
Interesting technology that company has.
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Old 05-27-2020, 05:57 PM   #4948
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If it makes you feel better, my worst beating so far is buying X(US Steel) at $38.
I've ridden a couple of stocks down about that same percentage. My CUK stock (Carnival Cruise) and DHC (a provider of assisted living or nursing homes or both) are both down 75 to 80 percent compared to when I bought them. That hurts.
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Old 05-27-2020, 06:59 PM   #4949
Hog's Gone Fishin Hog's Gone Fishin is offline
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I've ridden a couple of stocks down about that same percentage. My CUK stock (Carnival Cruise) and DHC (a provider of assisted living or nursing homes or both) are both down 75 to 80 percent compared to when I bought them. That hurts.
I've become a big believer in mutual funds just for this reason. I've tried day trading and it's not a winning proposition. Individual stocks are just too volatile and pot luck at best. I only own two individual stocks at this time and I'm a lot happier knowing while I'm out fishing somebody else is managing my portfolio and that's how they earn their money
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Old 05-27-2020, 07:19 PM   #4950
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I've become a big believer in mutual funds just for this reason. I've tried day trading and it's not a winning proposition. Individual stocks are just too volatile and pot luck at best. I only own two individual stocks at this time and I'm a lot happier knowing while I'm out fishing somebody else is managing my portfolio and that's how they earn their money
Day trading individual stocks is an amazing pain in the ass unless you have got a system to identify the exact stockings you need to trade. If you want to day trade I would suggest trading and index ETF or option or some mini-futures contracts.

The Negarian Brothers have a great premise for their system but I won’t pay for it but I know many have done similar. They have a method of identifying unusual option activity in stocks as uses that to tell them what stocks to buy or short.

The other thing about day trading is you have to have serious capital if you want to do it for a living. And if you aren’t doing it for a living then you are pretty much just gambling.
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