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05-10-2020, 06:43 PM | #4726 |
MVP
Join Date: May 2001
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Posts: 18,232
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05-10-2020, 06:51 PM | #4727 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Write some calls against your position and buy some puts to lock you in if you are considering selling. Otherwise let it ride or sell out altogether.
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Posts: 129,747
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05-10-2020, 07:03 PM | #4728 | ||
MVP
Join Date: May 2001
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Are you worried about another downturn fairly soon? Any ideas on another play? I can't help but think this has more room to run tbh.
Quote:
Quote:
What do you do with the original investment? Surely you don't just let it sit and make no money? |
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Posts: 18,232
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05-10-2020, 07:15 PM | #4729 | |
MVP
Join Date: May 2001
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Quote:
I don't see any real need to sell out. With the markets ability to rebound from COVID and NAIL being at over 90some in late Feb. all the way down to 6 in Mar. My greed can't help but let me think that it could be 60 in Oct. |
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Posts: 18,232
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05-10-2020, 07:16 PM | #4730 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I’m just saying why cap the ceiling on profit unless you believe it’s topped out? Follow with a trailing stop loss so you can obtain more profits (sell when it’s really over valued) but also set a floor to maintain most of your profits to this point if the market turns.
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Posts: 46,134
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05-10-2020, 08:58 PM | #4731 | |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
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Quote:
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Posts: 129,747
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1 0 |
05-11-2020, 02:11 AM | #4732 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Q: How did Clay become a millionaire?
A: He started with a few billion! |
Posts: 52,662
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1 0 |
05-11-2020, 02:34 AM | #4733 |
I'll be back.
Join Date: Nov 2002
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Posts: 288,100
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05-11-2020, 07:34 AM | #4734 |
I'll be back.
Join Date: Nov 2002
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Time to sell VTIQ. Up another 20% today.
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Posts: 288,100
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05-11-2020, 08:47 AM | #4735 |
I'll be back.
Join Date: Nov 2002
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Out of VTIQ.
Got in at 13.70 and sold at 18.90. Another Strongside winner. Patiently awaiting the next one. |
Posts: 288,100
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05-11-2020, 08:51 AM | #4736 |
Snacks Are Under My Apron
Join Date: Jan 2006
Location: The Edge
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Eventually you might get out of the free Taco Bell Coupons and smoking cigarettes from the butt can.
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Posts: 24,709
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05-11-2020, 10:15 AM | #4737 |
I'll be back.
Join Date: Nov 2002
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Next buy is Cheesecake Factory.
They should be skyrocketing soon with all the fatties going out to eat again. Let them eat CAKE. |
Posts: 288,100
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05-11-2020, 10:17 AM | #4738 |
MVP
Join Date: Jan 2007
Location: Missouri
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Tesla continues to power through the bullshit.
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Posts: 8,683
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05-11-2020, 10:26 AM | #4739 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Posts: 35,455
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1 0 |
05-11-2020, 10:45 AM | #4740 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
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Posts: 52,511
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