Ass of Can Whooping
Member
Its never too late to lose money
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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
GHG
Member
As long as the company is still listed its never too late to buy anything.
The question you should be asking is why should you buy gamestop stocks.
CrankyJay™
Member
I’m down another 2% in after hours. It’s bad. I might have to physically restrain myself from logging in, lol.
ManofOne
Plus Member
I know the feeling. I not worried about my longest positions just the new ones. I don't want to keep averaging down.
Ass of Can Whooping
Member
I'm already on Suicide Watch after today's state of play
This measly -11% doesn't even phase me
This measly -11% doesn't even phase me
ManofOne
Plus Member
Mobile Suit Gooch
Grundle: The Awakening
longdi
Banned
idk man , saw icln was down for over 12 years, seems too much hype over the last 8 months,how do i keep the faith?
Taxexemption
Member
He means when you lose all your money you can sustain yourself by getting down on your knees and.... just like in one of my animus.
BigBooper
Member
I wanted to give this both the brain and laughing emoji.
I hope things settle down tomorrow. Don't need a high stress weekend.
GHG
Member
Different eras.
Go for your life then. Just don't complain when they bleed you dry.
CrankyJay™
Member
Also, for my fellow PLTR bag holders:
Averaged down my position to 24.86 and hoping we don't see it hit 22 tomorrow. On a knife-edge
We’re at support levels now. Will be interesting to see if it drops below. Even if that’s the case, you’re going to find all of the know-it-alls who claim to hate this company load up in the teens.
And I’ll be averaging down. I’ve seen it before. “Twitter is a shit company”. Hits low teens after IPO, bounces between 24-40 for years, and then finally was up over $70.
tl;dr: this is a super long term horizon stock.
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West Texas CEO
GAF's Nicest Lunch Thief and Nosiest Dildo Archeologist
AMC stock is sending me to the poorhouse. 
CrankyJay™
Member
Already down another percent. Should probably try not to look. Hoping it’s just the 3 day rule and Monday things have cooled off.
People are worried about inflation. People are worried about things they cannot control. It’s like I tell my wife. This is fucking stupid.
People are worried about inflation. People are worried about things they cannot control. It’s like I tell my wife. This is fucking stupid.
CrankyJay™
Member
The misery we get from losses is about twice as large as the happiness we get from from gains
shoegaze
Member
How do you calculate the size of the position you want to take on a short to hedge against your long to cover it 100%? Size of margin being lets say 50% of your longs? Sorry if the answer is obvious.
CrankyJay™
Member
Eh I'm not complaining, last few days sucked, but overall I'm down 6% from my recent all time highs. It is what it is. Holding strong, and picking up a little shares where I think it's a good deal.
I think we go back up next week. Maybe even today.
I think we go back up next week. Maybe even today.
ManofOne
Plus Member
That would vary based on the weights in your portfolio, volatility of your positions etc. However, you can protect yourself by reducing downside by taking an opposite position during high volatility periods.
If the yeild curve keeps rising (which it will, I would say around 2.0% by year end) positions will continue to reset or valuations will adjust based on that expectation before inflation worries kick in on margins.
You can make portofolio beta neutral depending on the positions you take (does not remove black swan events)
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CrankyJay™
Member
Was waiting for VTI to drop below $200 and SPY to drop below $380 to make my monthly purchase and both allllllllllllllllmost got there and went "haha, nah, just kidding"
CrankyJay™
Member
lol, was up 2% and now i'm red, honestly, in the span of 30 seconds
GHG
Member
It was such a promising start...
Trimmed my position on PLTR at market open. Should have trimmed more at this rate.
Only good news out of all of this is that it's looking like the new support level for AAPL is around the 120 mark so let's see what it does today. If it hovers around there for a few days I'll take the opportunity to average down a bit.
Trimmed my position on PLTR at market open. Should have trimmed more at this rate.
Only good news out of all of this is that it's looking like the new support level for AAPL is around the 120 mark so let's see what it does today. If it hovers around there for a few days I'll take the opportunity to average down a bit.
CrankyJay™
Member
GHG
Member
Oh I know.
I just made the foolish assumption that "actively managed" actually meant something, not just "if in doubt buy more tesla".
SpartanN92
Banned
Can you all imagine if WSB had their own ETF?
GME, PLTR, SNDL, TLRY, AMC, BB, NOK
It would be the first emoji based ticker:
GME, PLTR, SNDL, TLRY, AMC, BB, NOK
It would be the first emoji based ticker:
ManofOne
Plus Member
Can you all imagine if WSB had their own ETF?
GME, PLTR, SNDL, TLRY, AMC, BB, NOK
It would be the first emoji based ticker:
GHG
Member
I don't think it has a support anymore...
Realistically we could be looking at sub 20 next week.
CrankyJay™
Member
SpartanN92
Banned
Whooooa FootLocker just took it on the chin. Down 9.5% today.
CrankyJay™
Member
Yeah the dumping has already begun. $21.5m here, and I think Peter Thiel dumped $500m, lol
Palantir COO Sankar Discloses $21.5 Million in Stock Sales
The disclosure followed filings earlier this week covering 2.7 million shares sold by three other Palantir executives.
www.barrons.com
Dynasty8
Member
Bought 100 shares of Rocket Mortgage aka Rocket Companies, Inc. (RKT). Been hearing a lot of good stuff about these guys and they blew way past their earnings. Looking like a long term buy and hold for me. Also bought some of that TSLA dip...though I am kinda scared we're going to see it dip some more.
ManofOne
Plus Member
GameStop is a $10 stock on BofA's fundamentals check
- Long-time GameStop (GME +11.3%) bear Bank of America tries to turn the conversation back to fundamentals.
- "In our view, GME is starting from a very challenged position including negative EBTIDA, persistent digital disintermediation and declining customer engagement. We also question the merits of a greater push online (which is likely to further hurt profitability near term on needed investments) as it could negatively impact high margin pre-owned and collectible segments."
- BofA is convinced fundamentals will again factor into valuation and notes that at the current GameStop price and GME's 5-year average EV/EBITDA of 3.7x, the implied EBITDA is $1.85B vs. the -$65M generated in 2020.
- Adding it all up leaves BofA with an Underperform rating and price target of $10.
ManofOne
Plus Member
Yeah the dumping has already begun. $21.5m here, and I think Peter Thiel dumped $500m, lol
Palantir COO Sankar Discloses $21.5 Million in Stock Sales
The disclosure followed filings earlier this week covering 2.7 million shares sold by three other Palantir executives.
Yah you already seen that, it will continue moving closer towards the IPO price and then shoot up. You can buy now and average down but make sure the company is worth your buy.
SpartanN92
Banned
This was in the Era Stocks thread 
