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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]
petegz28 08:52 AM 12-20-2021
Originally Posted by neech:
I'm waiting for the market to level out, this could go on for awhile.
The next two weeks are going to suck.

1. Tax loss selling

2. Thin trading because people are on vacation
[Reply]
petegz28 08:58 AM 12-20-2021
I don't like where we are but oddly enough this morning the QQQs are showing a modicum of support right around the $380 level which is where we found support on 12/6.

The SPYs aren't quite to that same level. Both gapped down on the open below the 50 say SMA so I wouldn't put a ton of stock (no pun intended) on the bounces off the lows so far today.
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Iconic 10:26 AM 12-20-2021
it's short szn baby
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lewdog 06:58 PM 12-20-2021
I think the recent swings with AMC are hedge pump and dumps. Another way to shakeout retail.
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eDave 07:27 PM 12-20-2021
Originally Posted by lewdog:
I think the recent swings with AMC are hedge pump and dumps. Another way to shakeout retail.

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lewdog 08:09 PM 12-20-2021
Originally Posted by eDave:
Holy shit that’s incredible.

:-)
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Buehler445 09:04 PM 12-20-2021
Originally Posted by eDave:
I laughed unreasonably hard at this.
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lewdog 09:13 AM 12-22-2021
Fuck you ILUS!!!

My only bag hold. Damn.

I never mess with penny stocks but got caught in the hype.
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chiefforlife 11:10 AM 12-22-2021
Originally Posted by lewdog:
Fuck you ILUS!!!

My only bag hold. Damn.

I never mess with penny stocks but got caught in the hype.

Man, I watched the video that someone posted about ILUS (Hog I think) and was all ready to jump in. For some reason I did NOT. Thank goodness. I still may but at a much better price.

Then again, I have bought three penny stocks so far and have been murdered on all three! Now just holding bags of tied up and devaluing cash!

Penny stocks just seem like straight up gambling.
[Reply]
scho63 11:28 AM 12-22-2021
Originally Posted by lewdog:
Fuck you ILUS!!!

My only bag hold. Damn.

I never mess with penny stocks but got caught in the hype.
Any true trader always gets stung. Welcome to the over hyped club.

Sucks balls and we all do it at least once..

I lost 24,000 of my 25,000 back in the late 90's on Lucent.

I'll never forget it. Sucks balls.
[Reply]
lewdog 12:59 PM 12-22-2021
Originally Posted by scho63:
Any true trader always gets stung. Welcome to the over hyped club.

Sucks balls and we all do it at least once..

I lost 24,000 of my 25,000 back in the late 90's on Lucent.

I'll never forget it. Sucks balls.
This isn’t in my trading account. I don’t trade stocks below $10/share and I’d never take a loss of more than 10% when trading.

This is in my ROTH where I hold long positions.
[Reply]
scho63 01:01 PM 12-22-2021
Originally Posted by lewdog:
This isn’t in my trading account. I don’t trade stocks below $10/share and I’d never take a loss of more than 10% when trading.

This is in my ROTH where I hold long positions.
How big a percent loss you sitting on or did you just dump it and lick your wounds?
[Reply]
lewdog 01:05 PM 12-22-2021
Originally Posted by scho63:
How big a percent loss you sitting on or did you just dump it and lick your wounds?
25% loss. It’s only 1% of my total investments so I’ll probably just sit on them.

Just wanted everyone to know I’m not perfect. :-)
[Reply]
scho63 01:19 PM 12-22-2021
Originally Posted by lewdog:
25% loss. It’s only 1% of my total investments so I’ll probably just sit on them.

Just wanted everyone to know I’m not perfect. :-)
You're still perfect in my eyes! :-)
[Reply]
lewdog 01:35 PM 12-22-2021
Originally Posted by scho63:
You're still perfect in my eyes! :-)
Get to the gardening thread and tell me about your plants!
[Reply]
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