Economy Stonks v11, the stonkening

[chardog]

Bought about 50 at $18. Sold some at $40. I’m holding to the rest long term.

Most of my investment the past 6 months has been up at least 20%. TSLA and Tan, more than doubled.

My downed stocks: Rocket, Apple and Teladoc.

had some spare money, put in tsla....... <{dayum}>

I'm gonna give my wife another year or two to see how profitable she can be with these stocks, last year was good, but then again, it was a good year stocks wise. have 100K burning a hole in my pocket, need to either buy real estate or invest. so far, the rentals are doing good and more solid "owning", easily passed to my kids, but this market thing is looking better every year with more experience. Trading with a multi million account really opens your eyes on how fast money can come in (and go out).

but hypothetically, with a 5 million dollar account, if you win 20%, that's a million a year earnings.

 

[SiKnSiN]

Decent week (+6.9%). Trimmed some TSLA, so I'll be looking to enter another SPAC next week. Will also keep adding more GNOG on any dip.

 

[PaleMoonlight]

I'm debating to get back into the stock tbh. Just kinda have sour grapes for selling at a 15% loss. It was actually my largest position last year, 40% of my portfolio I was a believer until I realized everything else was making moves but this stock.. Just don't understand why it's not took off, there numbers are solid. It should be around 30 imo.

What's your price target?

I should have a price target but I don’t have one.

I guess I’ll be happy if it goes up to $40 in 3 years or so. I get antsy when it’s not moving up and there’s missed opportunities with other stocks. I’m willing to sell and break even at $24.50 if need be. But I’ll try to stay with it long term.

I’ve read that you should invest most of your funds in safe stocks/etfs. For me, I only have about 33% in etfs. The rest is in stocks which is a bit risky. Maybe just invest more in etf to avoid big swings and be safer. I have $1500 left I can put into my Roth IRA for 2020, I think I’ll put it into a top 500 vanguard etf. It’ll be boring but it’s safe and still better than putting it in the bank.

 

[Revolver]

Rebought ghiv after I sold at 20% gain. Let’s see if it can make another run. Wish I had bought SOL at $8.5 like my friend told me too. It’s up 300% since.

 

[Revolver]

I should have a price target but I don’t have one.

I guess I’ll be happy if it goes up to $40 in 3 years or so. I get antsy when it’s not moving up and there’s missed opportunities with other stocks. I’m willing to sell and break even at $24.50 if need be. But I’ll try to stay with it long term.

I’ve read that you should invest most of your funds in safe stocks/etfs. For me, I only have about 33% in etfs. The rest is in stocks which is a bit risky. Maybe just invest more in etf to avoid big swings and be safer. I have $1500 left I can put into my Roth IRA for 2020, I think I’ll put it into a top 500 vanguard etf. It’ll be boring but it’s safe and still better than putting it in the bank.

That reminds me of the revolve stock I owned. Held it for over a year since I didn’t want to sell sold it at a loss than a few weeks later I checked and it’s now passed my cost basis. Can’t win them all.

 

[brackis1]

That reminds me of the revolve stock I owned. Held it for over a year since I didn’t want to sell sold it at a loss than a few weeks later I checked and it’s now passed my cost basis. Can’t win them all.

Fuck RVLV lol did the same

 

[brackis1]

Rebought ghiv after I sold at 20% gain. Let’s see if it can make another run. Wish I had bought SOL at $8.5 like my friend told me too. It’s up 300% since.

As I had warned: RKT 2.0 where a hype run happens and then the boring economics of mortgage lending reality hit.

 

[BIKES!]

I made some money in its run up to earnings...sold near 30.

Rebought later and yeh it didn't do shit and I recently sold out.

Imo its gonna explode one of these days and it'll happen quick.

I can’t see rates going lower. I and basically all my colleagues just finished another re fi. RKT sucks compare to small brokers and after this quarter I would expect the industry to go dry for years as rates go up and home prices back down.

 

[kahiljabroni]

I can’t see rates going lower. I and basically all my colleagues just finished another re fi. RKT sucks compare to small brokers and after this quarter I would expect the industry to go dry for years as rates go up and home prices back down.

Fair points. They are kind of a disruptor though and actually are very profitable. I think its gonna take off eventually but I've been wrong many times before

 

[BIKES!]

Fair points. They are kind of a disruptor though and actually are very profitable. I think its gonna take off eventually but I've been wrong many times before

Have you ever tried to use them? I went through the process 3 years ago when rate hunting and they were among the highest.

Just like real estate agents, most people have a broker they actually know who will likely be more responsive. Rates are rates and I guess the theoretically better platform (which it isn't) is a selling point.

 

[kahiljabroni]

Have you ever tried to use them? I went through the process 3 years ago when rate hunting and they were among the highest.

Just like real estate agents, most people have a broker they actually know who will likely be more responsive. Rates are rates and I guess the theoretically better platform (which it isn't) is a selling point.

I havnt. I just refied in June and I used a local bank because it was the lowest rate I could find.
You make valid points...definitely don't think it will replace the traditional industry but I see them gaining market share and I think they're currently undervalued.

 

[brackis1]

No surprise markets down.
Will be interesting to see if it shakes the spacs.

 

[brackis1]

Another week, another "CNBC spins analyst price target below current as 'Tesla gets upgraded'" For ones it actually doesnt work lol

 

[rob mafia]

Another week, another "CNBC spins analyst price target below current as 'Tesla gets upgraded'" For ones it actually doesnt work lol

 

[Revolver]

Nio up big. Nio day was a hit.

 

[Revolver]

Bmy finally looking like it’s going to break out.

 

[Revolver]

Finally green on these amd 100 calls that expire this week. Was close to just dumping them last week for a loss.

 

[brackis1]

Nio up big. Nio day was a hit.

I'm just happy for you GME turds

 

[Revolver]

I'm just happy for you GME turds

Never bought that stock. But just saw the bounce today. Maybe I should have. Lol

 

[Revolver]

Bought some fdx a few weeks ago on the dip but this doesn’t seem to have found it’s floor. Down about 9% so far on it.