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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.
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MTG#10 10:00 AM 12-18-2021
Originally Posted by DaFace:
If your sights are on breaking even after a week, I finally understand your approach to investing.
I've done well more than break even. I made another $3k just on an AMC swing trade from Wed to yesterday. $1k/day for a few button clicks and some conviction. This shit isn't that hard.
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ChiefaRoo 10:27 AM 12-18-2021
BBBY. Turnaround play that has bottomed.
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Buehler445 10:37 AM 12-18-2021
Originally Posted by ChiefaRoo:
BBBY. Turnaround play that has bottomed.
No clue what you’re basing that on, but if you’re thinking it put in a low, it had a low of 14.04 on 10/29 with much better basing action than now.

Not saying I know anything, but that’s the way I see it.
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DaFace 10:38 AM 12-18-2021
Originally Posted by MTG#10:
I've done well more than break even. I made another $3k just on an AMC swing trade from Wed to yesterday. $1k/day for a few button clicks and some conviction. This shit isn't that hard.
You're SELLING? What happened to the moon?

(But seriously, I have no issue with that strategy. It makes a hell of a lot more sense than holding on to it forever in hopes that it one day goes nuts.)
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lewdog 11:25 AM 12-18-2021
Originally Posted by MTG#10:
I've done well more than break even. I made another $3k just on an AMC swing trade from Wed to yesterday. $1k/day for a few button clicks and some conviction. This shit isn't that hard.
You green on YTD gains overall in your account?
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MTG#10 11:47 AM 12-18-2021
Originally Posted by DaFace:
You're SELLING? What happened to the moon?

(But seriously, I have no issue with that strategy. It makes a hell of a lot more sense than holding on to it forever in hopes that it one day goes nuts.)
I still have my base shares that I'm holding until it moons...and yes it will eventually.

But I bought another lot when it got below $23 on Wed then sold it yesterday at $30 even.

Originally Posted by lewdog:
You green on YTD gains overall in your account?
Overall I am, especially after yesterday. I haven't done a lot of trading for the last few months though. This market sucks ass overall.
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scho63 12:18 PM 12-18-2021
I'm liking Disney here for a long term buy
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Buehler445 01:54 PM 12-18-2021
Originally Posted by scho63:
I'm liking Disney here for a long term buy
Yeah?

I liked Disney when they had things rolling out during the pandemic when there was NOTHING on. I figured it would drive subscribers to Disney+ but the stock did nothing. I was off the top $5 or something and managed to get out in the green, but motherfucker I was sure that would run, scare had come off parks, IDK I was wrong on that.

What are you seeing? You thinking it's going to close the gap? If it takes out the low it might get ugly.
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scho63 04:51 PM 12-18-2021
I'm seeing value
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lewdog 06:41 AM 12-20-2021
Another red premarket.
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petegz28 08:34 AM 12-20-2021
Originally Posted by lewdog:
Another red premarket.
Omicron is getting overblown. All reports are that is is mild. But the fear is still being pumped about the vaccines and such. Which, BTW, ironically keep a the mild variant of Omicron, "mild".

Can't make this shit up.
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lewdog 08:44 AM 12-20-2021
Originally Posted by petegz28:
Omicron is getting overblown. All reports are that is is mild. But the fear is still being pumped about the vaccines and such. Which, BTW, ironically keep a the mild variant of Omicron, "mild".

Can't make this shit up.
Yes and no.

The concern isn’t with increased severity. The concerns are possible restrictions around the world where healthcare systems are being maxed out again. National guard being called into numerous states again and many states like AZ back near 100% capacity (beds in hallways in many ERs here) while dealing with staffing shortages. And currently the USA hospital system is fairing better than many European counterparts.

It’s the fear of the unknown the market isn’t liking.
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neech 08:46 AM 12-20-2021
I'm waiting for the market to level out, this could go on for awhile.
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petegz28 08:50 AM 12-20-2021
Originally Posted by lewdog:
Yes and no.

The concern isn’t with increased severity. The concerns are possible restrictions around the world where healthcare systems are being maxed out again. National guard being called into numerous states again and many states like AZ back near 100% capacity (beds in hallways in many ERs here) while dealing with staffing shortages. And currently the USA hospital system is fairing better than many European counterparts.

It’s the fear of the unknown the market isn’t liking.
We are overblowing a lot of that fear. Delta is still the Covid threat. Our system is filling up beds too but Covid is not the only reason despite news porn.

The restrictions are going in right now out of fear of what might be not what is. Nothing to do but you are correct, fear of the unknown is what is spooking the market.
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lewdog 08:51 AM 12-20-2021
Originally Posted by neech:
I'm waiting for the market to level out, this could go on for awhile.
That’s the best plan.

It feels much worse to work hard for gains for months, only to attempt to trade in a down market, seeing you give back months of gains in a week or two.
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