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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 02-23-2021, 08:50 AM   #7741
lewdog lewdog is offline
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70% cash in my trading account. A bunch of break even stops hit. Will look for reversals before starting more positions.
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Old 02-23-2021, 09:29 AM   #7742
Hammock Parties Hammock Parties is offline
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all my stonks are picking back up

people buying them dips
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Old 02-23-2021, 09:35 AM   #7743
banyon banyon is offline
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Only had 30% in cash, so this stung a bit. Was in $NIO and $FUBO that got hit bad. Using cash now to buy $NPA and $ARKG on discounts.
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Old 02-23-2021, 09:44 AM   #7744
RunKC RunKC is offline
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Quote:
Originally Posted by banyon View Post
Only had 30% in cash, so this stung a bit. Was in $NIO and $FUBO that got hit bad. Using cash now to buy $NPA and $ARKG on discounts.
I’m in NIO too. Don’t sell. The whole market is down big so it’s not just an individual thing.

Stonks will go back up in due time
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Old 02-23-2021, 10:30 AM   #7745
ChiliConCarnage ChiliConCarnage is offline
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I blew through all my spare cash this morning. Added some shares of Servicenow & Gan and some index ETFs. I started a transfer and thought about using margin for a couple of days but decided to just wait.

It seems Powell must have said the good things and not the bad things. The market God's are less angry than at the open.
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Old 02-23-2021, 11:37 AM   #7746
lewdog lewdog is offline
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Originally Posted by ChiliConCarnage View Post
I blew through all my spare cash this morning. Added some shares of Servicenow & Gan and some index ETFs. I started a transfer and thought about using margin for a couple of days but decided to just wait.

It seems Powell must have said the good things and not the bad things. The market God's are less angry than at the open.
Won’t know until close if rebound after open was true.

I’m waiting.
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Old 02-23-2021, 01:58 PM   #7747
MTG#10 MTG#10 is offline
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Old 02-23-2021, 03:39 PM   #7748
lewdog lewdog is offline
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CCIV is down about 38% today from yesterday’s close.

It now needs to gain 63% from today’s close to get back to close yesterday.
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Old 02-23-2021, 03:54 PM   #7749
In58men In58men is offline
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Originally Posted by lewdog View Post
CCIV is down about 38% today from yesterday’s close.

It now needs to gain 63% from today’s close to get back to close yesterday.
Shit stock
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Old 02-23-2021, 03:56 PM   #7750
KCUnited KCUnited is offline
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Still +140% on CCIV
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Old 02-23-2021, 03:58 PM   #7751
Hammock Parties Hammock Parties is offline
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Still +140% on CCIV
i'm up 200%
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Old 02-23-2021, 04:08 PM   #7752
KCUnited KCUnited is offline
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i'm up 200%
You obviously waited a day before posting about it then

All in the game though

:diamondhandshake:
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Old 02-23-2021, 07:00 PM   #7753
Hog's Gone Fishin Hog's Gone Fishin is offline
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My biggest holding was QQQE and the 5% trailing stop loss triggered today. Now I have ammo .
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Old 02-23-2021, 08:18 PM   #7754
MTG#10 MTG#10 is offline
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Im hoping some of you with more knowledge on the subject could explain this, as this is the first time I've ever invested in SPACs.

"Yahoo Finance Editor-in-Chief Andy Serwer recently explored the SPAC frenzy and cited Stanford Law Professor Michael Klausner's study “A Sober Look at SPACs,” which found, "SPAC investors that hold shares at the time of a SPAC’s merger see post-merger share prices drop on average by a third or more."

https://finance.yahoo.com/news/why-s...192802863.html

If this is true, wouldn't we be better off getting out of CCIV and FRX before the mergers?
I guess today answered my question. If FRX recovers I'm dumping that shit as soon as I make a little profit.
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Old 02-23-2021, 09:26 PM   #7755
Hammock Parties Hammock Parties is offline
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FRX is a long term hold.

You gonna dump something SHAQ and ARNOLD invested in? OK
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