Economy stonks v10, elections go up. or down. or flat.

[rob mafia]

I've held Wells since the great recession

 

[BIKES!]

Sold my Phillips 66 today. My trigger finger still felt itchy so I sold Wells Fargo and Delta too. I've held Wells since the great recession. Adios amigo. Our relationship started out hot and heavy but you've changed.

Really whittled down my portfolio recently. I'm down to only 7 holdings - Berkshire Hathaway, Union Pacific, Mastercard, Trane Technologies, Waste Management, Patrick Industries and Lockheed Martin.

I still think Delta in the next 3 months will claw back another 25% but the value and upside is nothing like AAL and UAL. take the money and run.

 

[HOLA]

Fortunately I sold about 60% when it was near $60 a share. This remainder though...yeah. Not pretty. Trading below my purchase price after 10+ years. And they cut the dividend 80% too.

 

[HOLA]

I still think Delta in the next 3 months will claw back another 25% but the value and upside is nothing like AAL and UAL. take the money and run.

I caught a falling knife with Delta. Didn't realize how bad Covid was going to be at the time. After going up 20% in the last month I'm close to breaking even with it and I'm out. Off to greener pastures (hopefully).

 

[Cuzcatlan]

Sold my Phillips 66 today. My trigger finger still felt itchy so I sold Wells Fargo and Delta too. I've held Wells since the great recession. Adios amigo. Our relationship started out hot and heavy but you've changed.

Really whittled down my portfolio recently. I'm down to only 7 holdings - Berkshire Hathaway, Union Pacific, Mastercard, Trane Technologies, Waste Management, Patrick Industries and Lockheed Martin.

I did the same thing. I held like 45 stocks and Bonds ETFs. I only hold 16 which I added one today LCA. Wells fargo is one I did get rid off also.

Amazon
AMEX
Archer Daniel Midlands
Caterpillar
Schwab
Home depot
JP Morgan
LCA
Mcdonald's
Microsoft
Rio Tinto
Starbucks
Tesla
Union Pacific
Waste Management
Wynn Resorts.

 

[HOLA]

I did the same thing. I held like 45 stocks and Bonds ETFs. I only hold 16 which I added one today LCA. Wells fargo is one I did get rid off also.

Amazon
AMEX
Archer Daniel Midlands
Caterpillar
Schwab
Home depot
JP Morgan
LCA
Mcdonald's
Microsoft
Rio Tinto
Starbucks
Tesla
Union Pacific
Waste Management
Wynn Resorts.

Lots of people try to be highly diversified, but I think Keynes was accurate here:

"As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes. It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence… One’s knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence."

 

[Gas121]

I'm kinda getting abit worried about the ol covid again. I see a lockdown brewing. I don't think the dip would be as devastating as the last but it seems inevitable with the amount of current cases right.

Not to concerned about my current holdings as I don't own any airlines or retail stocks or anything to risky. Considering some covid plays, the upside could be juicy.

 

[Legicato]

I'm kinda getting abit worried about the ol covid again. I see a lockdown brewing. I don't think the dip would be as devastating as the last but it seems inevitable with the amount of current cases right.

Not to concerned about my current holdings as I don't own any airlines or retail stocks or anything to risky. Considering some covid plays, the upside could be juicy.

Hoping for it. Want back in Air Canada at 15 and BA at 150/160

Would love to see ford at 6 again but highly doubt it. I screwd the pooch on ford.

 

[44nutman]

Would love to see ford at 6 again but highly doubt it. I screwd the pooch on ford.

Boomer stocks where it’s at. I up a ton in $F and $GE. I am up a tiny bit in $MRO and all 3 were companies prior to 1910.

 

[BIKES!]

I'm kinda getting abit worried about the ol covid again. I see a lockdown brewing. I don't think the dip would be as devastating as the last but it seems inevitable with the amount of current cases right.

Not to concerned about my current holdings as I don't own any airlines or retail stocks or anything to risky. Considering some covid plays, the upside could be juicy.

I can’t see the airlines crashing again. I don’t see the flights reducing that much, it’s already skeleton.

Retail is still open and even at the reduced rules it just means less spectators and more buyers and a higher ADS.

But I agree that the Dow and Nasdaq are over valued more so than any time in history.

 

[44nutman]

Keep an eye on $BLU.
I picked up some after they took a massive shit in July. Their chronic cough medicine did not meet endpoints in Phase 2.
They are well funded even though I don’t think that matters anymore. I got in at 2.69 and could have made more elsewhere but it was a small gamble play. The are still doing trials on the drug and getting better results. Currently trading just above 3 and high of 12 this year. You can look at the chart and figure when it took its shit. Looking to double my money sometime 2021. It ran some yesterday and will be down today due to people scalping profit.

 

[brackis1]

Jesus that COTY I had been mumbling about sure as hell took off in one swoop.
Wicked chart. Too bad I scumbag trade and didn't just load this when insiders bought.

 

[BIKES!]

Would love to see ford at 6 again but highly doubt it. I screwd the pooch on ford.

No chance it does but here is to hopping

 

[brackis1]

lol another one I publicly called as undervalued that immediately skyrocketed: WOW internet. 40% in a month lol. BonesJones is out there somewhere with shares hopefully.

 

[Wadtucket]

between @44nutman , @brackis1 , and me... long helmets. we should be wearing them.

and kudos for the ballsiness of your puts. if it doesn't crash by tomorrow, you burned $1k

Sold half of the puts yesterday and bought some calls, now I'm in the green again

 

[Kowboy Karl]

Mgni

similar to trade desk

bought $15 june call option for 1.70 when stock was in 11s on Tuesday

basically doubled my money already at 13.6 stock-price today

still think this has a ton of run left in it based on their disney news coming to the masses any day now

 

[brackis1]

Mgni

similar to trade desk

bought $15 june call option for 1.70 when stock was in 11s on Tuesday

basically doubled my money already at 13.6 stock-price today

still think this has a ton of run left in it based on their disney news coming to the masses any day now

y u no share here beforehand breh? or did I miss?


I'm currently thinking WORK is going back to 30 from 27 FYI.

 

[brackis1]

lol @ Carnival offering more shares and being up on a covid scare day.

 

[rob mafia]

i'm so sick of amd i sold 81.5/82Cs to try to ensure i get out.

and holy shit, the volume on xlnx is even worse than i expected. it took forever to close puts and i had to be too close to the ask. that fucking xlnx deal. *shakes fist* it's killing me.

making a final move on maxn, they have earnings after hours. i think. who fucking knows. there's been no real news/transparency/pr/anything from them since the spinoff.

and lolz @ @Wadtucket - i hope you timed that well.

and i just remembered that i've been holding ford in my tos account, so i sold that. i should probably just empty that account...

2020: real companies have wayyyyyyyyyyyyyyyyyyyyyyyyy less volume than bullshit memestocks and robinhood is a better broker than schwab/tda. what in the actual fuck, this year.

 

[Wadtucket]

i'm so sick of amd i sold 81.5/82Cs to try to ensure i get out.

and holy shit, the volume on xlnx is even worse than i expected. it took forever to close puts and i had to be too close to the ask. that fucking xlnx deal. *shakes fist* it's killing me.

making a final move on maxn, they have earnings after hours. i think. who fucking knows. there's been no real news/transparency/pr/anything from them since the spinoff.

and lolz @ @Wadtucket - i hope you timed that well.

and i just remembered that i've been holding ford in my tos account, so i sold that. i should probably just empty that account...

2020: real companies have wayyyyyyyyyyyyyyyyyyyyyyyyy less volume than bullshit memestocks and robinhood is a better broker than schwab/tda. what in the actual fuck, this year.

I'm about to lose $1k on FCEL if it is still between $4.50-$6.00 tomorrow