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Economy Stonks v11, the stonkening

Do you know the reasons why?
For my underperformance this year? Sure...I have a very large portion of my port in Berkshire Hathaway. I posted the breakdown in here somewhere. It's like...35% of my port. Something like that. Berkshire has done absolutely nothing this year. It's just about even. I did purchase some more shares as low as $160 during the Covid lows though, which helped.

Besides for that I took a loss with some Wells Fargo I had, which is down like 50% YTD and some Phillips 66 I had, which is down like 40% YTD(thank God it was only a relatively small portion of my portfolio). My two other large positions are Mastercard and Union Pacific which had just decent returns this year. 90% of my port is just Union Pacific, Mastercard and Berkshire Hathaway. So...not the greatest year.
 
I asked this in the other thread, but got no replies

Everyone's talking about winning some trades, losing some trades, but has anybody just done a high level comparison of their total portfolio from dec 31, 2019 to today (basically 2020 ytd returns)m

On December 31st 2019, I was up 6.51%. and I stopped trading because I got spooked like a retard in April when my stocks recovered to 8.23%. However, that doesn't tell the whole story, because I put in a lot more money since then. If I remember correctly, it was about 20ish% back then, not 8.23%. As I added more money, that % went down. I'm currently at 24.19%, with a high of 27ish% just a week ago. But remember, I don't have a lot of money in my account (I don't even have enough to daytrade). I also made two very retarded decisions this year: 1) I stopped trading for 4 months because I thought Covid would cause another dip and 2) I sold Moderna at 80 (it's over 160 now). I didn't lose anything, just gained less. But still. Kicking myself. Now my 401k, I never touch it. But it was up quite a bit this year. I was thinking of switching from a target retirement to Vangy total market ETF. I'll have to sit down and compare the two sometime.

And haha, Cramer is talking about the autists on WSB.
 
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Damn TTCF is pumping hard. I sold this stock and I had bought in around $16 recently. The stock just never moved! I bet it continues to run hard this week.

The bag holding in HYLN is real. I bought this stock at $28, but I never dreamed it would go this low lol. I haven't even averaged down either. My worse play this year for sure.
 
Damn TTCF is pumping hard. I sold this stock and I had bought in around $16 recently. The stock just never moved! I bet it continues to run hard this week.

The bag holding in HYLN is real. I bought this stock at $28, but I never dreamed it would go this low lol. I haven't even averaged down either. My worse play this year for sure.

Same for HYLN. I sold a put for this Friday for $600 at the $26 strike so my cost basis is at $20 but might be while before I sell back at $26. Will sell calls till I hit that.
 
Same for HYLN. I sold a put for this Friday for $600 at the $26 strike so my cost basis is at $20 but might be while before I sell back at $26. Will sell calls till I hit that.

Just curious when did you sell the put?
 
11/19 I think HYLN was around $27 at the time. I keep thinking it's going to go back up to the $30 by the middle of next year. So I will hold for a bit.

HYLN will run again for sure. This is pretty much the bottom here.

Still holding LCA strong. Any more of a dip tommorow i will be forced to load another 100 shares because this stock Friday or next week will start a heavy upwards trend. Can't wait for the Christmas party.
 
Still holding LCA strong. Any more of a dip tommorow i will be forced to load another 100 shares because this stock Friday or next week will start a heavy upwards trend. Can't wait for the Christmas party.
What makes you think that? As a call buy holder I'd like some LCA fellatio to feel better about my bag if you catch my drift
 
What makes you think that? As a call buy holder I'd like some LCA fellatio to feel better about my bag if you catch my drift

Merger vote Friday which will settle the dust. This catalyst should send the stock back up again. I think we see an upward trend next week. Once the actual merger and ticket changes officially, this is when the stock goes to a different dimension.

I am not completely unloading all my shares as I believe GNOG will be a major play in this industry. I will sell 3/4 though and ride the rest.

GNOG will trade similar to DKNG mid next year. I like both stocks because this sector is only just getting started with huge potential for growth.
 
Merger vote Friday which will settle the dust. This catalyst should send the stock back up again. I think we see an upward trend next week. Once the actual merger and ticket changes officially, this is when the stock goes to a different dimension.

I am not completely unloading all my shares as I believe GNOG will be a major play in this industry. I will sell 3/4 though and ride the rest.

GNOG will trade similar to DKNG mid next year. I like both stocks because this sector is only just getting started with huge potential for growth.
Idk what half of that means but I believe you bro

Off to the moon!!!!!!!!!!!!

<{UberTS}>
 
unpopular opinion:

if a spac was valued at $10/share just a few months ago and there's been no significant/fundamental change, it shouldn't moon based on little more than hopes&dreams... especially if it's already up 50% (or more) from the spac price.

(i'm also baffled by IPOs/direct listings that immediately double/triple/etc. if they know more about the company than we do and they think it's worth no more than $68/share, why the fuck would i disagree?)
 
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