Money Investing megathread extravaganza - Page 316

Originally Posted by jdubya:
I would be glad to answer but Im a Billionaire.....not a millionaire

:-)

We always knew you would make it. Have you been requesting others to address you as "big time" now? if not, I highly recommend it. It will definitely set you above the pack.
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Originally Posted by RubberSponge:
Just looking for some opinions on what any one of you millionaires would do.

Closed on Friday just over 20. Do you sell, sell and reposition, or hold?

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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Originally Posted by lewdog:
Trailing stop loss until you decide on another play?

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.

Originally Posted by Munson:
Sell enough to cover your original investment, and let the rest ride?

Originally Posted by Rain Man:
That's generally what I like to do. It guarantees that you won't lose money.

If he's tripled his money, I'd even consider selling 2/3rds of it to guarantee doubling my money.

What do you do with the original investment? Surely you don't just let it sit and make no money?
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Originally Posted by petegz28:
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.

I am really down with a pigs go to slaughter approach on this through the year.

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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Originally Posted by RubberSponge:
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.

What do you do with the original investment? Surely you don't just let it sit and make no money?

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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Originally Posted by RubberSponge:
I am really down with a pigs go to slaughter approach on this through the year.

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.

Then I would be writing some calls and if anything buying some puts to lock in what profit you have. I have a feeling this rally is nothing more than a bear market rally at the moment. If we can cross the 200 day moving average on the SPY then I might change my mind and we are close but we haven't done it yet.
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Q: How did Clay become a millionaire?

A: He started with a few billion!
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Originally Posted by scho63:
Q: How did Clay become a millionaire?

A: He started with a few billion!

Hey you fat hooker fucker, I made money on IBIO, I made money on VTIQ, and I'm about to make even more.

Piss off.
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Time to sell VTIQ. Up another 20% today.
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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.
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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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Next buy is Cheesecake Factory.

They should be skyrocketing soon with all the fatties going out to eat again.

Let them eat CAKE.
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Tesla continues to power through the bullshit.
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Originally Posted by Hammock Parties:
Next buy is Cheesecake Factory.

They should be skyrocketing soon with all the fatties going out to eat again.

Let them eat CAKE.

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Originally Posted by ghak99:
Tesla continues to power through the bullshit.

I'm a supporter, but I don't think I could handle that stock. It never seems to do anything anywhere close to what seems logical.
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