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ChiefsPlanet (https://www.chiefsplanet.com/BB/index.php)
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-   -   Money Investing megathread extravaganza (https://www.chiefsplanet.com/BB/showthread.php?t=300589)

lewdog 02-23-2021 08:50 AM
70% cash in my trading account. A bunch of break even stops hit. Will look for reversals before starting more positions.

Hammock Parties 02-23-2021 09:29 AM
all my stonks are picking back up

people buying them dips

banyon 02-23-2021 09:35 AM
Only had 30% in cash, so this stung a bit. Was in $NIO and $FUBO that got hit bad. Using cash now to buy $NPA and $ARKG on discounts.

RunKC 02-23-2021 09:44 AM
Quote:
Originally Posted by banyon (Post 15561067)
Only had 30% in cash, so this stung a bit. Was in $NIO and $FUBO that got hit bad. Using cash now to buy $NPA and $ARKG on discounts.
I’m in NIO too. Don’t sell. The whole market is down big so it’s not just an individual thing.

Stonks will go back up in due time

ChiliConCarnage 02-23-2021 10:30 AM
I blew through all my spare cash this morning. Added some shares of Servicenow & Gan and some index ETFs. I started a transfer and thought about using margin for a couple of days but decided to just wait.

It seems Powell must have said the good things and not the bad things. The market God's are less angry than at the open.

lewdog 02-23-2021 11:37 AM
Quote:
Originally Posted by ChiliConCarnage (Post 15561143)
I blew through all my spare cash this morning. Added some shares of Servicenow & Gan and some index ETFs. I started a transfer and thought about using margin for a couple of days but decided to just wait.

It seems Powell must have said the good things and not the bad things. The market God's are less angry than at the open.
Won’t know until close if rebound after open was true.

I’m waiting.

MTG#10 02-23-2021 01:58 PM
AMC saving my ass right now

lewdog 02-23-2021 03:39 PM
CCIV is down about 38% today from yesterday’s close.

It now needs to gain 63% from today’s close to get back to close yesterday.

In58men 02-23-2021 03:54 PM
Quote:
Originally Posted by lewdog (Post 15561655)
CCIV is down about 38% today from yesterday’s close.

It now needs to gain 63% from today’s close to get back to close yesterday.
Shit stock

KCUnited 02-23-2021 03:56 PM
Still +140% on CCIV

https://i.imgur.com/yPdYa2q.jpg?1

Hammock Parties 02-23-2021 03:58 PM
Quote:
Originally Posted by KCUnited (Post 15561689)
i'm up 200%

https://www.pe.com/wp-content/upload...ce-1.jpg?w=525

KCUnited 02-23-2021 04:08 PM
Quote:
Originally Posted by Hammock Parties (Post 15561693)
You obviously waited a day before posting about it then

All in the game though

:diamondhandshake:

Hog's Gone Fishin 02-23-2021 07:00 PM
My biggest holding was QQQE and the 5% trailing stop loss triggered today. Now I have ammo .

MTG#10 02-23-2021 08:18 PM
Quote:
Originally Posted by MTG#10 (Post 15558207)
Im hoping some of you with more knowledge on the subject could explain this, as this is the first time I've ever invested in SPACs.

"Yahoo Finance Editor-in-Chief Andy Serwer recently explored the SPAC frenzy and cited Stanford Law Professor Michael Klausner's study “A Sober Look at SPACs,” which found, "SPAC investors that hold shares at the time of a SPAC’s merger see post-merger share prices drop on average by a third or more."

https://finance.yahoo.com/news/why-s...192802863.html

If this is true, wouldn't we be better off getting out of CCIV and FRX before the mergers?
I guess today answered my question. If FRX recovers I'm dumping that shit as soon as I make a little profit.

Hammock Parties 02-23-2021 09:26 PM
FRX is a long term hold.

You gonna dump something SHAQ and ARNOLD invested in? OK


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