Money Investing megathread extravaganza - Page 706

**DaFace** · 06:35 PM

A place to talk about investing stuff.

Halfcan · 07-09-2021, 08:37 PM

Quote:

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.

MTG#10 · 07-09-2021, 08:39 PM

Quote:

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.

Halfcan · 07-09-2021, 08:42 PM

Quote:

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.

Those numbers are what I am down. -$14

MTG#10 · 07-09-2021, 08:45 PM

Quote:

Originally Posted by Halfcan

Those numbers are what I am down. -$14

oh my bad

**lewdog** · 07-09-2021, 08:56 PM

Quote:

Originally Posted by Halfcan

Those numbers are what I am down. -$14

I don’t get your write up.

So -$14 means how much you’re down on a position? So with UWMC you own like 5 shares?

I just added a long position to UWMC in my ROTH at $8/share this week. I like that company too.

Halfcan · 07-09-2021, 09:06 PM

Quote:

Originally Posted by lewdog

I don’t get your write up.

So -$14 means how much you’re down on a position? So with UWMC you own like 5 shares?

I just added a long position to UWMC in my ROTH at $8/share this week. I like that company too.

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.

**lewdog** · 07-09-2021, 09:11 PM

Quote:

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.

Halfcan · 07-09-2021, 09:20 PM

[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.

**lewdog** · 07-09-2021, 09:39 PM

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.

Halfcan · 07-09-2021, 09:59 PM

^ Gotcha! Yep, makes sense.

Hog's Gone Fishin · 07-11-2021, 11:40 AM

What do you guys think SPCE does Monday??????????????????????????????

MTG#10 · 07-11-2021, 12:18 PM

Quote:

Originally Posted by Hog's Gone Fishin

What do you guys think SPCE does Monday??????????????????????????????

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.

Hog's Gone Fishin · 07-11-2021, 12:41 PM

Quote:

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.

MTG#10 · 07-12-2021, 07:56 AM

I'm getting straight up destroyed so far today.

**DaFace** · 07-12-2021, 01:55 PM

Quote:

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.

Hope you got out.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $2036899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
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07-09-2021, 09:20 PM	#10583
Halfcan In Search of a Life Join Date: Aug 2005 Casino cash: $7327995	[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.
Posts: 43,200

07-09-2021, 09:39 PM	#10584
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $1911900	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.
Posts: 45,571	3 0

07-09-2021, 09:59 PM	#10585
Halfcan In Search of a Life Join Date: Aug 2005 Casino cash: $7327995	^ Gotcha! Yep, makes sense.
Posts: 43,200

07-11-2021, 11:40 AM	#10586
Hog's Gone Fishin Fish are scared of me Join Date: Nov 2001 Casino cash: $1710477	What do you guys think SPCE does Monday??????????????????????????????
Posts: 40,342

07-12-2021, 07:56 AM	#10589
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7524386	I'm getting straight up destroyed so far today.
Posts: 11,429