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Old 06-27-2016, 11:23 AM  
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Old 07-09-2021, 09:06 PM   #10561
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I don’t get your write up.

So -$14 means how much you’re down on a position? So with UWMC you own like 5 shares?

I just added a long position to UWMC in my ROTH at $8/share this week. I like that company too.
Negative totals. I was down maybe $65.00 but it has been bouncing back as of late.

I expect all of those to be Green by the years end.
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Old 07-09-2021, 09:11 PM   #10562
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Negative totals. I was down maybe $65.00 but it has been bouncing back as of late.

I expect all of those to be Green by the years end.
Really hard to give you advice or feedback without knowing your cost/share average. The amount you’re down means very little unless you also included position size, which is why most people just state their share cost as this allows anyone to see your profit/loss based on current share price.
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Old 07-09-2021, 09:20 PM   #10563
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[QUOTE=lewdog;15736124]Really hard to give you advice or feedback without knowing your cost/share average. The amount you’re down means very little unless you also included position size, which is why most people just state their share cost as this allows anyone to see your profit/loss based on current share price.[/QUOTE

If I wanted to post my complete financials, I would have. You said nobody posts their losses- so I did. Even though these are not losses- just negative at the moment.
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Old 07-09-2021, 09:39 PM   #10564
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If I wanted to post my complete financials, I would have. You said nobody posts their losses- so I did. Even though these are not losses- just negative at the moment.[/QUOTE]

Well I meant that (posting losses) in share price terms so it's easy to understand.

Example.

I bought AMC at $55. This would tell someone that I am down exactly 16% on my position by looking at today's share price.

Being down some random -$65 could mean you're basically break even on a large position, or down a whole lot if the original position was only $100 to begin with.

Example- I lost $150 today on a trade but that tells you nothing unless you know the position size (and no one needs to know that) so I just say that's a 5% loss.

And I'll be honest, I've never seen someone with an all green portfolio. Know when to dump losers, which it sounds like you are doing on occasion. Fundamentals are definitely vital for long positions so keep researching.
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Old 07-09-2021, 09:59 PM   #10565
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^ Gotcha! Yep, makes sense.
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Old 07-11-2021, 11:40 AM   #10566
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What do you guys think SPCE does Monday??????????????????????????????
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Old 07-11-2021, 12:18 PM   #10567
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What do you guys think SPCE does Monday??????????????????????????????
I haven't been paying attention to the launch. Did it go well? If so stock will tank. Did it explode at launch? If so stock will moon.
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Old 07-11-2021, 12:41 PM   #10568
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I haven't been paying attention to the launch. Did it go well? If so stock will tank. Did it explode at launch? If so stock will moon.
It went perfectly. I figure the price was already built in but it did drop 6% Friday in anticipation. Buy the rumor /sell the news.
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Old 07-12-2021, 07:56 AM   #10569
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I'm getting straight up destroyed so far today.
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Old 07-12-2021, 01:55 PM   #10570
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It went perfectly. I figure the price was already built in but it did drop 6% Friday in anticipation. Buy the rumor /sell the news.
Hope you got out.
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Old 07-12-2021, 03:22 PM   #10571
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Hope you got out.
The assholes announced a 500 million share dilution. No big deal for me as I only have 4 shares I bought with cash I needed to spend in my account. I think i got it at $46. Was thinking if everything went well it might double , oh well.
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Old 07-12-2021, 03:25 PM   #10572
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I ****ing hate puts. I got in some short dated corn puts (run of dec contract but expire 7/31) at $5 For $.09 when corn was IIRC 5.50. I got out when corn was 5.38. And they were worth .0375. Everytime I buy those goddamn things I regret it.
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Old 07-12-2021, 03:27 PM   #10573
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TSLA is just a swing traders dream for the last several months. It's within $3 of my sell order triggering at 689. Bought at 628 4 days ago.
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Old 07-12-2021, 03:29 PM   #10574
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TSLA is just a swing traders dream for the last several months. It's within $3 of my sell order triggering at 689. Bought at 628 2 weeks ago.
I'm gonna have to start doing that. I keep watching it go back and forth. I've mostly just held.
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Old 07-12-2021, 03:41 PM   #10575
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I'm gonna have to start doing that. I keep watching it go back and forth. I've mostly just held.
You quoted me before my edit. I actually bought it back 4 days ago. I had sold it 2 weeks ago.

I'm using 690 roughly as sell zone and 640 as buy zone. But one day I expect to get stuck when it starts moving into the 750+ range .
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