What is your current opinion of FB? When it dropped 20% in July I bought 50 shares at $172. Thought I was in good shape when it rallied back to $185. But then it tanked again so I bought 50 more at $166. Bought 50 more at $160. Now I'm holding 150 shares and it has dropped to $154. I'm stuck for $1,800. What do I do? Cut my losses and run? Or hold and pray???
~~~~~ZOSO~~~~~
bucknuts & wallstreet:
What is your current opinion of FB? When it dropped 20% in July I bought 50 shares at $172. Thought I was in good shape when it rallied back to $185. But then it tanked again so I bought 50 more at $166. Bought 50 more at $160. Now I'm holding 150 shares and it has dropped to $154. I'm stuck for $1,800. What do I do? Cut my losses and run? Or hold and pray???
I am on the other side of buck here but thats ok. I think it is going to be more difficult for FB to grow to the numbers they have in the past unless they find some new way to grow that I cannot see. I think their demographic is going to decline and their PE is pretty high even now for what their growth might be over the next few years.
I am a bit perplexed why you did such tight adds from your initial buy? I probably would not have bought a second time until it dropped 15-20%, then added.
Goose,
I am on the other side of buck here but thats ok. I think it is going to be more difficult for FB to grow to the numbers they have in the past unless they find some new way to grow that I cannot see. I think their demographic is going to decline and their PE is pretty high even now for what their growth might be over the next few years.
I am a bit perplexed why you did such tight adds from your initial buy? I probably would not have bought a second time until it dropped 15-20%, then added.
bucknuts: I've been watching all your picks. Check them every day. I owned ACBFF at one time with other MJ stocks but took my profits. Canopy Growth was killer! These day traders drive me crazy bouncing this stuff all day long.
Wallstreet: It had already dropped just over 20% and I was convinced it was a very good buying dip timing. I will just have to hold it I guess. It's funny how I throw this cash all around in the Markets but only bet $100 sports games.
~~~~~ZOSO~~~~~
bucknuts: I've been watching all your picks. Check them every day. I owned ACBFF at one time with other MJ stocks but took my profits. Canopy Growth was killer! These day traders drive me crazy bouncing this stuff all day long.
Wallstreet: It had already dropped just over 20% and I was convinced it was a very good buying dip timing. I will just have to hold it I guess. It's funny how I throw this cash all around in the Markets but only bet $100 sports games.
TGG I'm the same way when it comes to gambling on sports..mostly $100 bets every so often $500 bet if I love a line or situation.
Hopefully if you ever tailed me on a trade you made some coin!!
RNKLF most I've ever had in a stock under a buck..no rush with this one willing to hold for some time unless it pops will take profits and wait for dip to get back in.
Ford no expectations here,just thought the price was a bit low
Waiting for $9 or less in ACBFF before I hop back in, hope it comes before uplisting
PYX $32 came and went (lol) now sitting at $31.75,I was kind of expecting lower shouldve just put in an order and waited it out not adding to this here
DFBG dropped some but theres no volume behind this move so no worries here either...supposed to be deal news by EOM
OMER Nov is coming..if CMS decision is no on perm reimbursement I will dump it all and rebuy lower,again.
KATFF not much movement will look to sell anything above mid .50s
CZR would love $11.50-$12
Looking to drop a chunk in either PRT or JRS just to let it sit a few yrs and prob pass it off to my oldest boy once he graduates college.Anybody reading have an opinion on this idea??
TGG I'm the same way when it comes to gambling on sports..mostly $100 bets every so often $500 bet if I love a line or situation.
Hopefully if you ever tailed me on a trade you made some coin!!
RNKLF most I've ever had in a stock under a buck..no rush with this one willing to hold for some time unless it pops will take profits and wait for dip to get back in.
Ford no expectations here,just thought the price was a bit low
Waiting for $9 or less in ACBFF before I hop back in, hope it comes before uplisting
PYX $32 came and went (lol) now sitting at $31.75,I was kind of expecting lower shouldve just put in an order and waited it out not adding to this here
DFBG dropped some but theres no volume behind this move so no worries here either...supposed to be deal news by EOM
OMER Nov is coming..if CMS decision is no on perm reimbursement I will dump it all and rebuy lower,again.
KATFF not much movement will look to sell anything above mid .50s
CZR would love $11.50-$12
Looking to drop a chunk in either PRT or JRS just to let it sit a few yrs and prob pass it off to my oldest boy once he graduates college.Anybody reading have an opinion on this idea??
BTW, speaking about parking cash, do you think October 11th was a serious enough correction overall? Safe enough to stop sideline hoarding and get a little something back into the game?
~~~~~ZOSO~~~~~
BTW, speaking about parking cash, do you think October 11th was a serious enough correction overall? Safe enough to stop sideline hoarding and get a little something back into the game?
TGG from what I'm reading most folks seem to think this was a much needed pullback,sentiment still seems bullish overall to me.Im back to having as much $ in as I feel comfortable with and I prob shouldve never pulled cash out,would be much better off if I hadnt.
JRS has taken some punishment since end of last yr but I still like it at this price honestly,though I'm leaning more towards PRT.Have yet to make up my mind for sure.
Folks take a look at AQB,I'd like to enter this one next week if it pulls back a bit.
TGG from what I'm reading most folks seem to think this was a much needed pullback,sentiment still seems bullish overall to me.Im back to having as much $ in as I feel comfortable with and I prob shouldve never pulled cash out,would be much better off if I hadnt.
JRS has taken some punishment since end of last yr but I still like it at this price honestly,though I'm leaning more towards PRT.Have yet to make up my mind for sure.
Folks take a look at AQB,I'd like to enter this one next week if it pulls back a bit.
I just have a really hard time doing any research because I feel the market is so overvalued and a global slowdown is happening and our economic "boom" is phony pumped up with debt and financial engineering. I just dont see what the MSM is seeing about our economy. If things were so good and the economy so strong then why are we hitting historic highs in debt and running a HUGE deficit? Why is that dope Trump so afraid of normalizing interest rates and needing to try and play media games to keep the market sentiment up?
I dont see this at all...I think the market is overvalued by 60-70% maybe more, there are so many issues and it seems like the way the market isnt crashing is the hope that the FED will rescue and step in on a drop and the way corps are leveraging to prop up share prices via debt and buybacks. I do not see much signs of any structural economic improvement, especially with the fake unemployment rate being so low why are average earnings doing so poorly? The "jobs" being created are garbage no future jobs where wealth to the consumer does not materialize, so someone try and tell me what in a real sense is so strong to warrant these levels and what how can we ignore the blaring global issues out there?
I just have a really hard time doing any research because I feel the market is so overvalued and a global slowdown is happening and our economic "boom" is phony pumped up with debt and financial engineering. I just dont see what the MSM is seeing about our economy. If things were so good and the economy so strong then why are we hitting historic highs in debt and running a HUGE deficit? Why is that dope Trump so afraid of normalizing interest rates and needing to try and play media games to keep the market sentiment up?
I dont see this at all...I think the market is overvalued by 60-70% maybe more, there are so many issues and it seems like the way the market isnt crashing is the hope that the FED will rescue and step in on a drop and the way corps are leveraging to prop up share prices via debt and buybacks. I do not see much signs of any structural economic improvement, especially with the fake unemployment rate being so low why are average earnings doing so poorly? The "jobs" being created are garbage no future jobs where wealth to the consumer does not materialize, so someone try and tell me what in a real sense is so strong to warrant these levels and what how can we ignore the blaring global issues out there?
I think most seasoned investors know it's a house of cards so to speak but how long can you sit on the sidelines waiting for it to topple over?Just chuck some in Wall and play along with the rest of us,you dont have to go all in.Some gains better than no gains my brother!!
I almost forgot about it being time for shipping companies to run...anybody taking a gamble on some of those.Its the Nov tradition place your bets boys before the ship sails lol
DSX TOPS DRYS GLBS PSX EDRY DCIX
Gonna put a bit in a few of these gotta scan some sites and see where all the PUMPERS are loading up.Spent a few hours looking over these today (while watching my Bears fall to Brady.Mitch looked awful again today and special teams were putrid costing them a much needed win).So far my favs in no particular order are TOPS EDRY GLBS the last two with smaller floats which could lead to a bigger pop once this run kicks off.
WHAT SAY YOU???
I think most seasoned investors know it's a house of cards so to speak but how long can you sit on the sidelines waiting for it to topple over?Just chuck some in Wall and play along with the rest of us,you dont have to go all in.Some gains better than no gains my brother!!
I almost forgot about it being time for shipping companies to run...anybody taking a gamble on some of those.Its the Nov tradition place your bets boys before the ship sails lol
DSX TOPS DRYS GLBS PSX EDRY DCIX
Gonna put a bit in a few of these gotta scan some sites and see where all the PUMPERS are loading up.Spent a few hours looking over these today (while watching my Bears fall to Brady.Mitch looked awful again today and special teams were putrid costing them a much needed win).So far my favs in no particular order are TOPS EDRY GLBS the last two with smaller floats which could lead to a bigger pop once this run kicks off.
What is your current opinion of FB? When it dropped 20% in July I bought 50 shares at $172. Thought I was in good shape when it rallied back to $185. But then it tanked again so I bought 50 more at $166. Bought 50 more at $160. Now I'm holding 150 shares and it has dropped to $154. I'm stuck for $1,800. What do I do? Cut my losses and run? Or hold and pray???
Points on either side of this one. Fundamentally, WSC is right on point here. Buck is right about the overall feel, I think, long-term.
But, technically, FB is in a very interesting spot. I wrote a long extensive article about this the other day.
Basically the pivots seem to be around 152-154. When it fell below 185 it was pretty key. Then it bounced off of 172. So, to me, when it fell below 172 --- that was the crucial point. Now it is down-trending.
The key now, is that it is in a narrowing downward channel. So, when it breaks above this, maybe around 155, would be the time to add to it. But, if it were to fall below it, maybe around 140, then it would be time to bail or sit and wait.
The good news is it should do something fairly soon it looks like.
At least that is my view on it from the technical side.
Quote Originally Posted by TheGoldenGoose:
bucknuts & wallstreet:
What is your current opinion of FB? When it dropped 20% in July I bought 50 shares at $172. Thought I was in good shape when it rallied back to $185. But then it tanked again so I bought 50 more at $166. Bought 50 more at $160. Now I'm holding 150 shares and it has dropped to $154. I'm stuck for $1,800. What do I do? Cut my losses and run? Or hold and pray???
Points on either side of this one. Fundamentally, WSC is right on point here. Buck is right about the overall feel, I think, long-term.
But, technically, FB is in a very interesting spot. I wrote a long extensive article about this the other day.
Basically the pivots seem to be around 152-154. When it fell below 185 it was pretty key. Then it bounced off of 172. So, to me, when it fell below 172 --- that was the crucial point. Now it is down-trending.
The key now, is that it is in a narrowing downward channel. So, when it breaks above this, maybe around 155, would be the time to add to it. But, if it were to fall below it, maybe around 140, then it would be time to bail or sit and wait.
The good news is it should do something fairly soon it looks like.
At least that is my view on it from the technical side.
TOPS and ESEA the two big shipper movers I had on watch..forgot to list ESEA above but it wasnt one of my favs anyway..I prob shouldve loaded my picks on Friday...really thought it would be another week before these started popping up.Will have to enter earlier next yr
TOPS and ESEA the two big shipper movers I had on watch..forgot to list ESEA above but it wasnt one of my favs anyway..I prob shouldve loaded my picks on Friday...really thought it would be another week before these started popping up.Will have to enter earlier next yr
Hey Wall YECO down to $4.70s think of all the cash you couldve made via puts or shortJOIN THE DARKSIDE
My 70% lower call came faster than I thought. I doubt there were puts on that stock, the float is so small and getting shares to short would be impossible.
Those shipping stocks are so depressed, lots of small small cap companies that did multiple RS to survive, ANY sort of momentum higher could take them much much higher. Look at TOPS market cap even now!
Quote Originally Posted by bucknuts:
Hey Wall YECO down to $4.70s think of all the cash you couldve made via puts or shortJOIN THE DARKSIDE
My 70% lower call came faster than I thought. I doubt there were puts on that stock, the float is so small and getting shares to short would be impossible.
Those shipping stocks are so depressed, lots of small small cap companies that did multiple RS to survive, ANY sort of momentum higher could take them much much higher. Look at TOPS market cap even now!
This is a rare valuable article from that right wing, gold loving, Trump kissing site zerohedge. It explains part of a reason why I feel the market is DRAMATICALLY overvalued...this is not a biased piece, rather an insight as to the calculation of stock prices and why higher rates actually mean something-
This is a rare valuable article from that right wing, gold loving, Trump kissing site zerohedge. It explains part of a reason why I feel the market is DRAMATICALLY overvalued...this is not a biased piece, rather an insight as to the calculation of stock prices and why higher rates actually mean something-
Lol pulled the trigger and bought ACBFF at $8.54 a min later it hit $8.45..I was gonna let my order sit but I gotta sleep working 3rd again this evening and didnt want to wake up and see it missed me or I didnt get filled for some reason.Long term hold.
Gonna let shipping trades ride for today, I think EDRY has potential to move a bunch more yet..
Wall I will check out that article on break tonight or before I leave for work
Lol pulled the trigger and bought ACBFF at $8.54 a min later it hit $8.45..I was gonna let my order sit but I gotta sleep working 3rd again this evening and didnt want to wake up and see it missed me or I didnt get filled for some reason.Long term hold.
Gonna let shipping trades ride for today, I think EDRY has potential to move a bunch more yet..
Wall I will check out that article on break tonight or before I leave for work
I was going to come here and say I think you get filled at 8.50 and you did it yourself! I hope it goes well and that you make out on the trade. I think I saw they are going to start trading on that crap hole NYSE this week right?
I was going to come here and say I think you get filled at 8.50 and you did it yourself! I hope it goes well and that you make out on the trade. I think I saw they are going to start trading on that crap hole NYSE this week right?
Yes NYSE I think tomorrow..it would have to super tank to scare me seeing as how my first buy was in 6s and sold over 10.
Huge float but already were top 2 in revs for MJ companies.Their production #s over the next yr should sky rocket bringing in more and more $$$.I think last thing I read was somewhere over 550,000 KG a yr by end of 2019,that's a lot of dope man!!
Yes NYSE I think tomorrow..it would have to super tank to scare me seeing as how my first buy was in 6s and sold over 10.
Huge float but already were top 2 in revs for MJ companies.Their production #s over the next yr should sky rocket bringing in more and more $$$.I think last thing I read was somewhere over 550,000 KG a yr by end of 2019,that's a lot of dope man!!
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