Money Investing megathread extravaganza - Page 534

**DaFace** · 06:35 PM

A place to talk about investing stuff.

neech · 02-26-2021, 11:33 PM

Quote:

Originally Posted by EPodolak

What's happening lately is normal in a normal market. Money is made and lost. If all someone knows is this record setting bull run we've been in the last ten years they may be tempted to worry or panic. Just keep a balanced portfolio appropriate for your investment horizon. Set it and forget it.

People on here freaking out about the market makes me laugh. This is merely a speed bump in the road.

neech · 02-26-2021, 11:44 PM

Quote:

Originally Posted by Mr_Tomahawk

Looking at next week...I think I’m going to jump on $JE soon.

Such a terrible pick OMG.

eDave · 02-27-2021, 01:47 AM

Quote:

Originally Posted by TinyEvel

It looks like it's almost mirroring the CCIV pattern. Was flat at the SPAC release price until merger news surfaced, to which it bounced up 3x, and now fell back to earth immediately following the announcement.

"Buy the rumor" is a significant stock tip. But I suck butt at individual stocks. Total butt. And I'm moderately intelligent. Fortunately, my one green was huge. Huger than Billay's mom. That's big.

Mr_Tomahawk · 02-27-2021, 08:17 AM

So nah?

**lewdog** · 02-27-2021, 08:21 AM

Quote:

Originally Posted by Mr_Tomahawk

So nah?

DO YOU FEEL LIKE GAMBLING?!?!?!

Mr_Tomahawk · 02-27-2021, 08:26 AM

Lol.

Maybe with a small amount?

I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are...

**lewdog** · 02-27-2021, 08:30 AM

Quote:

Originally Posted by Mr_Tomahawk

Lol.

Maybe with a small amount?

I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are...

Until they reverse split and finally go bankrupt.

Mr_Tomahawk · 02-27-2021, 08:38 AM

Well....that doesn’t sound like it would be if it me now.

**TinyEvel** · 02-27-2021, 08:43 AM

Quote:

Originally Posted by Mr_Tomahawk

Lol.

Maybe with a small amount?

I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are...

I once bought a stock at $1.50 and by the end it was worth .008

**Rain Man** · 02-27-2021, 09:16 AM

Quote:

Originally Posted by Mr_Tomahawk

So nah?

I should clarify that just because a company is evil doesn't mean I won't invest in it. I've invested in Big Oil and private prisons and even Wells Fargo in the past. It's all about capitalism.

MTG#10 · 02-27-2021, 10:08 AM

There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason.

Would any of you be interested in something like that?

eDave · 02-27-2021, 10:12 AM

Quote:

Originally Posted by MTG#10

There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason.

Would any of you be interested in something like that?

I nominate Hootie to head this up.

MTG#10 · 02-27-2021, 10:15 AM

To be more clear, I didn't mean we all chip in and set up one portfolio that we all divide profits on at a predetermined end. Basically a virtual portfolio that we all create our own version of and spend as much or little as we can afford.

**Buehler445** · 02-27-2021, 12:20 PM

Quote:

Originally Posted by MTG#10

There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason.

Would any of you be interested in something like that?

Nah, the play would probably be just stick it all in SPY or something. The gambling shit is fun and Spurs talk but legitimate more risk averse investing is boring.

**lewdog** · 02-27-2021, 04:10 PM

I like to drink and screen for stocks on Saturday afternoon. These charts are meant for possible swing trades and I liked their setup. Swings trades are held for days to weeks and look to make 5-10% profit (sometimes a more). I may decide to let 25-50% of the position run after selling for gains but many times will at least raise my stop to break even so the trade is guaranteed to be profitable.

You only enter a swing trade with a pre-determined stop loss that is set upon entry. If the trades works against your favor, you get out and do not ride it down. You NEVER average down in swing trading, only long term positions.

FN
AYI
SNX
SWTX
SANM
ORN

and possibly, TACO. Not a joke.

I will watch how these open and look for entry above a breakout point on the chart. If the day opens poorly, I may not start any new positions.

06-27-2016, 11:23 AM
DaFace Kind of a mod Join Date: Aug 2005 Location: Donkey Land Casino cash: $2056899	Investing megathread extravaganza A place to talk about investing stuff. Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 51,749

02-27-2021, 08:17 AM	#7999
Mr_Tomahawk Prestige Worldwide Join Date: Jan 2009 Location: Spring Hill, KS Casino cash: $3070526	So nah? __________________ Adopt-A-Chief: John Dorsey
Posts: 18,384

02-27-2021, 08:26 AM	#8001
Mr_Tomahawk Prestige Worldwide Join Date: Jan 2009 Location: Spring Hill, KS Casino cash: $3070526	Lol. Maybe with a small amount? I just see them a lot closer to their floor than their ceiling at this point and thought maybe I’d pick up in a handful with the mindset that they can’t get much worse than they currently are... __________________ Adopt-A-Chief: John Dorsey
Posts: 18,384

02-27-2021, 08:38 AM	#8003
Mr_Tomahawk Prestige Worldwide Join Date: Jan 2009 Location: Spring Hill, KS Casino cash: $3070526	Well....that doesn’t sound like it would be if it me now. __________________ Adopt-A-Chief: John Dorsey
Posts: 18,384

02-27-2021, 10:08 AM	#8006
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7534386	There's enough smart investors here that we should cooperate and set up a CP portfolio. Everyone who wants to could do their own DD's on whatever stocks they want and present their cases for upcoming plays. We could do long-term holds and short-term. Others could chime in why they agree or disagree, and then debate. I think something like this would go a lot better than Hootie's Draft King shit I wasted $100 on. I currently only have one YOLO portfolio that I'm treating like a casino, but a more legit portfolio would be nice to have to supplement it. May be a good distraction during the offseason. Would any of you be interested in something like that?
Posts: 11,429	2 0

02-27-2021, 10:15 AM	#8008
MTG#10 Mammoth penis Join Date: May 2006 Location: Springfield Casino cash: $7534386	To be more clear, I didn't mean we all chip in and set up one portfolio that we all divide profits on at a predetermined end. Basically a virtual portfolio that we all create our own version of and spend as much or little as we can afford.
Posts: 11,429

02-27-2021, 04:10 PM	#8010
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $1931900	I like to drink and screen for stocks on Saturday afternoon. These charts are meant for possible swing trades and I liked their setup. Swings trades are held for days to weeks and look to make 5-10% profit (sometimes a more). I may decide to let 25-50% of the position run after selling for gains but many times will at least raise my stop to break even so the trade is guaranteed to be profitable. You only enter a swing trade with a pre-determined stop loss that is set upon entry. If the trades works against your favor, you get out and do not ride it down. You NEVER average down in swing trading, only long term positions. FN AYI SNX SWTX SANM ORN and possibly, TACO. Not a joke. I will watch how these open and look for entry above a breakout point on the chart. If the day opens poorly, I may not start any new positions. Last edited by lewdog; 02-27-2021 at 04:28 PM..
Posts: 45,566	3 0