All things STOCKS

#8,502
#8,502
Kingston Vol said:
She's lost all the gains of 2021 and I believe I read she's eating into 2020 profits rapidly as well.
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As we speak, ARKK is down 14.4% for 2021 and is off 33.3% from the high.

If you purchased in late November and held, you're back to break even after being up almost 50% at one point (you would have held from 107 to 160, now back to 107). lol
 
#8,504
#8,504
TheColdVolTruth said:
That's an interesting opinion given the fact you questioned a post that was forward looking.
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I didn't reply to a specific post, though.
05_never_again said:
If you purchased in late November and held, you're back to break even after being up almost 50% at one point (you would have held from 107 to 160, now back to 107). lol
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Down 26% and I don't think it's funny.
 
#8,506
#8,506
I would have bought several securities in the last week or 2 had I not kept moving my buy limit prices lower. I’m keeping ISRG fairly tight and TSLA about 20% below. ARKs are set at about 50% below... I’ve done a 180. Seems more like a cult than anything right now. CCL is getting back in range, but I’m having second thoughts about owning that one. I don’t have a buy set for Martin-Marietta (MLM) but I might move on that one. Infrastructure needs attention and Ds and Rs should come together on addressing it.
 
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#8,507
#8,507
A lot of the trading names ran up well into new highs. I think they have a lot of downside left before this cycle bottoms. But the virus news keeps getting better which fuels rising prices.
 
#8,513
#8,513
Thunder Good-Oil said:
Doubt that the followers are doing the selling. The pieces are being dismantled, maybe by institutions and firms. Arbitrageurs are keeping the NAV in line for the funds.
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Her diehard fanboys will be the last to sell. They don't get scared out...they get worn out. They've bought between about 100-160 and many won't sell until it gets into the 40s or 50s "so they don't lose it all."
 
#8,514
#8,514
Velo Vol said:
I didn't reply to a specific post, though.
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My apologies. I read your statement as a continuation of your question three posts earlier since your observation came immediately after that poster replied to you. I didn't realize you had shifted gears that quickly.
 
#8,516
#8,516
Velo Vol said:
We're in for the long haul.
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I just hope you've been buying all the way up over a period of years, or bought a big slug at much lower prices. A lot of people investing in those things committed significant chunks of their capital at triple digit prices.
 
#8,517
#8,517
05_never_again said:
I just hope you've been buying all the way up over a period of years, or bought a big slug at much lower prices. A lot of people investing in those things committed significant chunks of their capital at triple digit prices.
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Not a huge chunk of capital, but I am down 25%.

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#8,522
#8,522
Go aeiou said:
Your money? What did you buy? Think this is a bottom?
I bought BABA and COST today, but waaay less $.
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I had a decent amount (over 40% of portfolio) in cash at beginning of week. Bought big yesterday and today.

What I've bought the past 2 days.

BABA
CRM
ZM
SQ
PYPL
TDOC
AMD
NEE
PLTR
HQY
TSCO
CLOV

It doesnt feel like a bottom yet but there's prolly been a little too much bloodshed in certain sectors.
DKNG
 
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#8,523
#8,523
I always buy too early in these kinds of market moods. I am forcing myself arbitrarily to wait until the end of the quarter.

I did pick up a little GEVO
 
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