As an occasional participant in this thread, it's amusing to me to see how similar these things are MLM sales pitches. "The more people you convince you can make money doing it, the more money you'll make!"
Originally Posted by MTG#10:
I'm very hesitant to open any new positions right now but GNOG is very tempting. It's at a 6 month low on no bad news at all any way oversold. It has to bounce back eventually.
I've got a pretty decent position in Wendy's stock, and it's doing great today as a meme stock rumor. I'm tempted to sell off some of it while it's high in case the meme stock rumor doesn't pan out. Thoughts? [Reply]
Originally Posted by Rain Man:
I've got a pretty decent position in Wendy's stock, and it's doing great today as a meme stock rumor. I'm tempted to sell off some of it while it's high in case the meme stock rumor doesn't pan out. Thoughts?
Originally Posted by Rain Man:
I've got a pretty decent position in Wendy's stock, and it's doing great today as a meme stock rumor. I'm tempted to sell off some of it while it's high in case the meme stock rumor doesn't pan out. Thoughts?
Yep, it's not a squeeze play. I'd put a trailing SL on at least a portion. [Reply]
Originally Posted by Rain Man:
I've got a pretty decent position in Wendy's stock, and it's doing great today as a meme stock rumor. I'm tempted to sell off some of it while it's high in case the meme stock rumor doesn't pan out. Thoughts?
I sold just a tad to lock in some profit. But I've had the stock for a while so I obviously like it. I sold about 7 percent, which is about one-third of today's profits. [Reply]
Thinking about buying a few more Tesla stocks but got a hunch that the price is still much too high. Thus most likely will get a few more ETH while the price is good. Though there is a possibility that ETH will even go lower some time soon. [Reply]
Originally Posted by lewdog:
Strong start to day with many good setups now fizzling out.
When it jumped that way, I figured it was going to fall back, and actually the fact that AMC held 55 so strongly & GME nudged to close at $300 is very promising.
I've been watching the cost basis distribution & AMC is firmly entrenched at at least 35 that aren't selling. Hopefully over the week, it will fill to at least 40.
This is promising for preventing the bottom from falling out.
As much as the huge gains are awesome. Some pullback is healthy for going even higher! [Reply]