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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
Rain Man 12:02 PM 07-13-2021
Originally Posted by ChiliConCarnage:
I've had SLP on a watchlist since you posted about it a while back. I got an alert that it fell off a cliff yesterday afternoon. I wondered if you were still holding it. Is that the source of most of the damage?

Not a very friendly start to earnings season kicking off.

That was definitely my biggest hit today.

It's been a great stock for me and I'm still up notably in total on it. But it's dropped 50 percent from its peak earlier this year, and I've got a lot of it. I'm thinking that maybe it was a pandemic darling and now the shine is gone.
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MTG#10 04:08 PM 07-13-2021
Down 8.86% overall so far this week. Worse two day loss since I started trading stocks.
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KChiefs1 04:26 PM 07-13-2021
Still holding but this has been a rollercoaster ride.
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TambaBerry 04:31 PM 07-13-2021
Originally Posted by KChiefs1:
Still holding but this has been a rollercoaster ride.
They haven't covered their shorts that's all that matters
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rydogg58 05:11 PM 07-13-2021
Originally Posted by TambaBerry:
They haven't covered their shorts that's all that matters
I have been completely out of AMC since the upper 40's, but I agree. I think this is one of those things that the lower it goes, the more dangerous it gets. If it drops too low there's going to be a lot of retail that buys it up. If they were smart they would let it trade sideways for a few months and bore everybody out of it.

There's obviously something in AMC that they don't want or can't get out of. It was a good bet back when covid hit to short it into bankruptcy, but that's not going to happen now. I hope it works out for the good guys, and you all make some money.
[Reply]
Wallymo 05:49 PM 07-13-2021
Originally Posted by DaFace:
After a while, though, I just realized that I just don't have much interest in putting a ton of thought into it (again, shouldn't be a surprise based on this thread). So with an interest in getting a little more diversification without having to think much about it, I'm mostly in this at this point:

SWYMX - Target 2050 Index (0.08% ER)
My retirement is also in Schwab -- T Rowe Price Retirement 2035 (I'm obviously a bit older than you). I've been satisfied with the way it's increased over the years. The last year has been mind-blowing and has me thinking of retiring five years earlier than planned.

My biggest regret was not starting sooner. While living the fun life in NYC for a decade, I only put in a total of about $20k into retirement despite working for seven of those years. Approximately twenty years later and that NYC fund is worth $155k. I didn't get serious about retirement funding until moving back to KC in 2003. If I had made the same funding commitment from the beginning I would now be rolling. My wife and I stress this to our kids all the time (as well as the dangers of credit card debt, another mistake from my past life of living large).

Short of hiring lewdog to choose them for me, I just don't have the time or smarts to buy individual stocks. But I very much enjoy reading this thread, and root for all of you every day. Even as a mere spectator, it's great theater!
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Hog's Gone Fishin 06:00 PM 07-13-2021
Tesla headed straight back to buy zone. God I love this stock!
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eDave 06:03 PM 07-13-2021
Originally Posted by rydogg58:
I have been completely out of AMC since the upper 40's, but I agree. I think this is one of those things that the lower it goes, the more dangerous it gets. If it drops too low there's going to be a lot of retail that buys it up. If they were smart they would let it trade sideways for a few months and bore everybody out of it.

There's obviously something in AMC that they don't want or can't get out of. It was a good bet back when covid hit to short it into bankruptcy, but that's not going to happen now. I hope it works out for the good guys, and you all make some money.
Dark pool trading accounted for over 65% of volume for the last 5 trading days and over 50% over the last month. The degree of overt manipulation is mind blowing.
[Reply]
Hog's Gone Fishin 06:04 PM 07-13-2021
Originally Posted by KChiefs1:
Still holding but this has been a rollercoaster ride.
Originally Posted by TambaBerry:
They haven't covered their shorts that's all that matters
Originally Posted by rydogg58:
I have been completely out of AMC since the upper 40's, but I agree. I think this is one of those things that the lower it goes, the more dangerous it gets. If it drops too low there's going to be a lot of retail that buys it up. If they were smart they would let it trade sideways for a few months and bore everybody out of it.

There's obviously something in AMC that they don't want or can't get out of. It was a good bet back when covid hit to short it into bankruptcy, but that's not going to happen now. I hope it works out for the good guys, and you all make some money.


[Reply]
-King- 06:23 PM 07-13-2021
Originally Posted by Hog's Gone Fishin:
Tesla headed straight back to buy zone. God I love this stock!
The second I try to do this, I'll sell and it will shoot to $800 lol
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stumppy 06:59 AM 07-14-2021
Go AAPL Go
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DaFace 09:21 AM 07-14-2021
Originally Posted by Wallymo:
My retirement is also in Schwab -- T Rowe Price Retirement 2035 (I'm obviously a bit older than you). I've been satisfied with the way it's increased over the years. The last year has been mind-blowing and has me thinking of retiring five years earlier than planned.

My biggest regret was not starting sooner. While living the fun life in NYC for a decade, I only put in a total of about $20k into retirement despite working for seven of those years. Approximately twenty years later and that NYC fund is worth $155k. I didn't get serious about retirement funding until moving back to KC in 2003. If I had made the same funding commitment from the beginning I would now be rolling. My wife and I stress this to our kids all the time (as well as the dangers of credit card debt, another mistake from my past life of living large).

Short of hiring lewdog to choose them for me, I just don't have the time or smarts to buy individual stocks. But I very much enjoy reading this thread, and root for all of you every day. Even as a mere spectator, it's great theater!
Yeah, I've been really fortunate to get started early. And being boring. it's worked out well so far.

One thing to note (more for the thread than for you specifically) is that there's a difference between target date funds and target date INDEX funds. The former are actively managed and have slightly higher expense ratios, while the latter are passive and have very low ratios. If I found the right fund you're using, you're paying 0.67% per year for it, where an index fund would be more like 0.1% or lower. Not a huge chunk, but that ~0.5% per year forever can make a difference in the long-term.

That said, many 401ks (like my wife's) don't have any index funds available. If that's the case, the 0.67% isn't bad really. (You'll find other mutual funds out there in the 2%+ range.)
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MTG#10 09:55 AM 07-14-2021
Gotta keep reminding myself I'm not losing money unless I sell. Worst 3 days now since I've been trading.
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DaFace 10:18 AM 07-14-2021
Originally Posted by MTG#10:
Gotta keep reminding myself I'm not losing money unless I sell. Worst 3 days now since I've been trading.
Know how I know you're under diversified?
[Reply]
lewdog 10:37 AM 07-14-2021
Originally Posted by DaFace:
Know how I know you're under diversified?
:-)
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