All things STOCKS

#2,802
#2,802
BigOrangeMojo said:
I've bought WYNN, DKNG, and LVS this year. Maybe more of a gambler than I thought...:)
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Having had several graduate courses in probability, I've never taken to gambling at all. But witnessing the interest in making a quick buck has opened my eyes again to the viability of the industry to continue taking in huge profits. Fantasy sports has enlightened me as well. I expect a big surge in the industry once things are fully opened up again.
 
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#2,807
#2,807
Keep an eye on SOLO, supposedly in with Nikola.

And HHT seems to be kinda like gnus of China but more on education. It's running today.
 
#2,809
#2,809
VolAllen said:
The short term swings are much better for conversation than “I put $25k into a ROTH IRA today....see you guys in 25 years” lol.

Win or lose, I’m sure you’d much rather hear the updates. Especially when I lose money 😂
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Yea I mean, I get calling it penny stocks but when you guys are buying 19,000 shares and sale .10 cents higher that's $1900.

There's nothing penny about that to me. Lol
 
#2,810
#2,810
Thunder Good-Oil said:
Having had several graduate courses in probability, I've never taken to gambling at all. But witnessing the interest in making a quick buck has opened my eyes again to the viability of the industry to continue taking in huge profits. Fantasy sports has enlightened me as well. I expect a big surge in the industry once things are fully opened up again.
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I can go to Vegas and not spend a dime gambling.

I've done well with WYNN but LVS has been a (relative) disappointment. I love fantasy sports (and sports betting to a lesser degree) so I bought DKNG. Sold off a bit of that last Monday due to valuation concerns but I still like that play once I get arms around valuation.
 
#2,811
#2,811
Orange_Vol1321 said:
Yea I mean, I get calling it penny stocks but when you guys are buying 19,000 shares and sale .10 cents higher that's $1900.

There's nothing penny about that to me. Lol
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Haha yea, I’ve got $13k in RMED alone. I just want .70’s out of that one! Every penny it moves is a $200 swing for me lol.
 
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#2,814
#2,814
VolAllen said:
The short term swings are much better for conversation than “I put $25k into a ROTH IRA today....see you guys in 25 years” lol.

Win or lose, I’m sure you’d much rather hear the updates. Especially when I lose money 😂
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Better for conversation, sure. But there are a LOT of new traders on here that are going to get burned. I just hope they are using money they can afford to lose.
 
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#2,815
#2,815
Freak said:
I personally enjoy the activity of having it all together and reading people's different strategies, plus this one is titled "all things stocks." If someone wants to make a thread dedicated exclusively to long term investing, or whatever, I don't have an issue with it, but I'm also fine having it together in one active thread.
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I personally like having the long term and short term discussions together. It gave me a chance on a very micro level to see some of the irrational exuberance in some of the BK/going concern stocks and go in the opposite direction.

I thought about going back for a third stab at a HTZ short but much like Hertz's former spokesperson (OJ), I stopped at 2.
 
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#2,818
#2,818
JFreak said:
Better for conversation, sure. But there are a LOT of new traders on here that are going to get burned. I just hope they are using money they can afford to lose.
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Im at the top of that last, but most of the advice I read and my dad told me, be prepared to burn an account or two before you figure out what you're doing
 
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#2,820
#2,820
mr.checkerboards said:
Im at the top of that last, but most of the advice I read and my dad told me, be prepared to burn an account or two before you figure out what you're doing
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Panic selling, selling too soon or not soon enough and losing profits, burning day trades and selling for a loss only to watch it go back up later in the day....all part of the learning process. That’s what gives you the knowledge and the stomach to be a good trader.
 
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#2,821
#2,821
VolAllen said:
Panic selling, selling too soon or not soon enough and losing profits, burning day trades and selling for a loss only to watch it go back up later in the day....all part of the learning process. That’s what gives you the knowledge and the stomach to be a good trader.
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Not sure if this was good or not. Bought into idex at .60 sold earlier when it got to 1.20. Now I bought back in at 1.00 with double the shares
 
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#2,823
#2,823
mr.checkerboards said:
Not sure if this was good or not. Bought into idex at .60 sold earlier when it got to 1.20. Now I bought back in at 1.00 with double the shares
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I personally won’t revisit one that soon. I always seem to give money back when I do.
 
Last edited:
#2,825
#2,825
VolAllen said:
The short term swings are much better for conversation than “I put $25k into a ROTH IRA today....see you guys in 25 years” lol.

Win or lose, I’m sure you’d much rather hear the updates. Especially when I lose money 😂
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I missed that post about IRAs.

A lot of this clutter isn't much different to me than talking about whether the little marble is going to land on red or black or green this time or how good the odds are that an Ace is due to be turned over. I've just noted that as much interest as there is in short term swing trading, especially in penny stocks, that it would make sense to have separate threads than to have it all twisted up into one. At least the economic thought and geopolitics effect is pretty much organized into the STOCKS thread in the Politics Forum.

It really wouldn't surprise me if half of those posting on the short term trading don't even know what a share of stock actually is. Half of the posters, not half of the posts.

So someday maybe I'll start a nice quiet little investment theory, wealth management, tax strategy, estate planning, fundamental equities analysis, and so on thread.

I don't have anything against trading. It actually provides liquidity and narrows spreads. It's just a different game in the equities universe. I trade myself now and then. That SHIP thing looks interesting.
 
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