Originally Posted by MTG#10:
I searched this thread, other than one post saying "Are we going all in on UWMC" in Feb with no replies I'm the only person who pimped this stock and it was $8.46 when I posted the Reddit DD on it. It's only passed $14 one time back in late Dec.
Yep, it was you. :-) I could have made a very small profit with a flip, but chose to keep it for the long haul.
I did my own research and liked the company. I think it is very undervalued right now. [Reply]
Originally Posted by Halfcan:
Yep, it was you. :-) I could have made a very small profit with a flip, but chose to keep it for the long haul.
I did my own research and liked the company. I think it is very undervalued right now.
I'm confused how your average is over $14 when it hasn't even came close to that since I posted about it? And yes, it's a great company. If it ever gets a decent amount of volume it will pop, but until then it has a nice dividend. [Reply]
Originally Posted by MTG#10:
I'm confused how your average is over $14 when it hasn't even came close to that since I posted about it? And yes, it's a great company. If it ever gets a decent amount of volume it will pop, but until then it has a nice dividend.
Originally Posted by Halfcan:
Negative totals. I was down maybe $65.00 but it has been bouncing back as of late.
I expect all of those to be Green by the years end.
Really hard to give you advice or feedback without knowing your cost/share average. The amount you’re down means very little unless you also included position size, which is why most people just state their share cost as this allows anyone to see your profit/loss based on current share price. [Reply]
[QUOTE=lewdog;15736124]Really hard to give you advice or feedback without knowing your cost/share average. The amount you’re down means very little unless you also included position size, which is why most people just state their share cost as this allows anyone to see your profit/loss based on current share price.[/QUOTE
If I wanted to post my complete financials, I would have. You said nobody posts their losses- so I did. Even though these are not losses- just negative at the moment. [Reply]
If I wanted to post my complete financials, I would have. You said nobody posts their losses- so I did. Even though these are not losses- just negative at the moment.[/QUOTE]
Well I meant that (posting losses) in share price terms so it's easy to understand.
Example.
I bought AMC at $55. This would tell someone that I am down exactly 16% on my position by looking at today's share price.
Being down some random -$65 could mean you're basically break even on a large position, or down a whole lot if the original position was only $100 to begin with.
Example- I lost $150 today on a trade but that tells you nothing unless you know the position size (and no one needs to know that) so I just say that's a 5% loss.
And I'll be honest, I've never seen someone with an all green portfolio. Know when to dump losers, which it sounds like you are doing on occasion. Fundamentals are definitely vital for long positions so keep researching. :-) [Reply]
Originally Posted by MTG#10:
I haven't been paying attention to the launch. Did it go well? If so stock will tank. Did it explode at launch? If so stock will moon.
It went perfectly. I figure the price was already built in but it did drop 6% Friday in anticipation. Buy the rumor /sell the news. [Reply]
Originally Posted by Hog's Gone Fishin:
It went perfectly. I figure the price was already built in but it did drop 6% Friday in anticipation. Buy the rumor /sell the news.