The Official Stock Market Thread - Page 119

Cheken · 01-21-2022, 03:23 PM

Quote:

Originally Posted by NeedChapmans

Feels like this is going to be a very long 55 minutes.

looking forward to this week to be over with already

finfangfan · 01-21-2022, 03:54 PM

It was def a lousy week!

finfangfan · 01-21-2022, 03:57 PM

Dupe post…

finfangfan · 01-21-2022, 03:57 PM

ETrade is all wonky again too. Put one order in a couple minutes ago… but second order won’t go through.

btmcrushers · 01-21-2022, 04:39 PM

so if my account is down 23.81% overall and I have individual holdings down as high as 90.45% - is this the perfect time to panic lol?

Cheken · 01-21-2022, 05:21 PM

Quote:

Originally Posted by btmcrushers

so if my account is down 23.81% overall and I have individual holdings down as high as 90.45% - is this the perfect time to panic lol?

I feel you! there are a couple biotech stock i think im close to 99% drop but those are the reckless days - not even worth the time to sell it!

I put 20k in earlier today and i checked at end, balance is almost the same as yesterday's ending balance - this averaging down thing is not working too well

. Hopefully the rebound will be big once the averaging down is done HAHA

JMarchand1981 · 01-21-2022, 05:44 PM

Quote:

Originally Posted by btmcrushers

so if my account is down 23.81% overall and I have individual holdings down as high as 90.45% - is this the perfect time to panic lol?

There is never a time to panic. What time frame are you down that 23.81% Is that YTD? If so, you didn't forecast the market appropriately based on what December was giving you. Still don't panic, but figure out a different strategy that is more in-line with what the market is giving you.

GeechQuest · 01-21-2022, 06:47 PM

Quote:

Originally Posted by JMarchand1981

There is never a time to panic. What time frame are you down that 23.81% Is that YTD? If so, you didn't forecast the market appropriately based on what December was giving you. Still don't panic, but figure out a different strategy that is more in-line with what the market is giving you.

The market is giving nice discounts right now.

We had $300B worth of IPOs last year. Those companies have, rightfully so, been slaughtered. They won’t all die.

#BuyWhatYouLike

NeedChapmans · 01-21-2022, 07:11 PM

Quote:

Originally Posted by GeechQuest

The market is giving nice discounts right now.

We had $300B worth of IPOs last year. Those companies have, rightfully so, been slaughtered. They won’t all die.

#BuyWhatYouLike

Typical American attitude.

GeechQuest · 01-21-2022, 07:18 PM

Quote:

Originally Posted by NeedChapmans

Typical American attitude.

Stick to your Serbian bread and goulash markets…

NeedChapmans · 01-21-2022, 07:29 PM

Quote:

Originally Posted by GeechQuest

Stick to your Serbian bread and goulash markets…

That's right baby! I'm gonna ride that horse all the way to the top!

btmcrushers · 01-23-2022, 05:54 PM

Quote:

Originally Posted by JMarchand1981

There is never a time to panic. What time frame are you down that 23.81% Is that YTD? If so, you didn't forecast the market appropriately based on what December was giving you. Still don't panic, but figure out a different strategy that is more in-line with what the market is giving you.

April last year through January this year. Purchases spread out here an there. I cashed out and made some money on AMC and a couple of others.

monkeymcgee · 01-24-2022, 08:23 AM

Key takeaway: When BO starts talking about putting together a portfolio, go to cash

Josh611 · 01-24-2022, 08:33 AM

Quote:

Originally Posted by monkeymcgee

Key takeaway: When BO starts talking about putting together a portfolio, go to cash

Haha that portfolio is hurting a bit

xbignick · 01-24-2022, 09:46 AM

Charles Schwab what

xbignick · 01-24-2022, 09:47 AM

Quote:

Originally Posted by monkeymcgee

Key takeaway: When BO starts talking about putting together a portfolio, go to cash

We need to get this thread nuked and start over.

finfangfan · 01-24-2022, 10:04 AM

Lol… total bloodbath. We should have invested in Marvel PMGs instead! That’s a bubble that will never pop…

xbignick · 01-24-2022, 10:18 AM

Quote:

Originally Posted by finfangfan

Lol… total bloodbath. We should have invested in Marvel PMGs instead! That’s a bubble that will never pop…

Made me look at the recent prices...red /99 I couldn't sell on here for $9 a pop (for a year) going for $300-$500 each. Wacky.

finfangfan · 01-24-2022, 10:35 AM

Quote:

Originally Posted by xbignick

Made me look at the recent prices...red /99 I couldn't sell on here for $9 a pop (for a year) going for $300-$500 each. Wacky.

Yeah… all older Marvel cards are going up. Mostly the PMG stuff, last decade MM stuff (particularly Jusko) and slabbed 90’s stuff. But even somewhat obscure sets like Vibranium that really didn’t do too well at release are seeing spikes in prices for the numbered cards of key characters. Printing plates are moving up in price too.

NeedChapmans · 01-24-2022, 10:54 AM

When this all goes sideways, plenty of room at my house for those that need it.

Long range rifle proficiency is a +.

GeechQuest · 01-24-2022, 10:56 AM

Quote:

Originally Posted by NeedChapmans

When this all goes sideways, plenty of room at my house for those that need it.

Long range rifle proficiency is a +.

New England? Yuck.

mnvikingstwins · 01-24-2022, 11:13 AM

Down 12.4% in 10 days

. Disney went from my best to my worst performer

finfangfan · 01-24-2022, 11:35 AM

SQ all the way down to $105. I added a bit with new 2022 Roth contributions but it’s a buy the dip that keeps on dipping situation.

shortstopguy12 · 01-24-2022, 11:37 AM

Disney - With this Dip or correction, has anything changed for you.. or is this still something you would stay away from??

Edit - Its down 17% since I inquired about it.. Glad I am still sitting with that chunk in cash since Jan 1

Quote:

Originally Posted by shortstopguy12

I’d love to hear the bullish case for Disney. It’s down 13% for the year, however, it has so much going for it. I’d like to buy a nice chunk simply because they are Disney, but I don’t want to do it simply based on the name. Love to hear some thoughts

FYI - I’m a boring index fund investor, but I love reading this thread

Quote:

Originally Posted by JMarchand1981

New person in charge.
Worst performer in the Dow in 2021.
Could catch fire based on those two items alone.

I’m not going to dig into the fundamentals. Trades at 140 p/e and ran like hell in 2020. I’m bearish on it but you wanted a bullish case.

carlo16 · 01-24-2022, 11:40 AM

Buy the dip?

01-21-2022, 03:57 PM	#2953
finfangfan Member Join Date: Oct 2013 Posts: 12,207	Dupe post… Last edited by finfangfan; 01-21-2022 at 04:02 PM.

01-21-2022, 04:39 PM	#2955
btmcrushers Member Join Date: May 2012 Posts: 2,477	so if my account is down 23.81% overall and I have individual holdings down as high as 90.45% - is this the perfect time to panic lol? __________________ I collect Atlanta Braves, Atlanta Falcons and UGA Bulldogs (in uniform).

01-24-2022, 09:46 AM	#2965
xbignick Member Join Date: Jul 2010 Location: New Jersey Posts: 29,310 xxbignick	Charles Schwab what __________________ @xxbignick on twitter

01-24-2022, 10:54 AM	#2970
NeedChapmans Member Join Date: Aug 2012 Location: Connecticut Posts: 31,800 ProspectCincy NeedChapmans	When this all goes sideways, plenty of room at my house for those that need it. Long range rifle proficiency is a +. __________________ It is my legal right to freely profit from the notoriety of people who are actively suffering and possibly even dying and for a few hundred dollars I will gladly seek to maximize those profits.

01-21-2022, 03:54 PM	#2952
finfangfan Member Join Date: Oct 2013 Posts: 12,207	It was def a lousy week!

01-21-2022, 03:57 PM	#2954
finfangfan Member Join Date: Oct 2013 Posts: 12,207	ETrade is all wonky again too. Put one order in a couple minutes ago… but second order won’t go through.

01-24-2022, 08:23 AM	#2963
monkeymcgee Member Join Date: Apr 2010 Location: VA Posts: 10,974	Key takeaway: When BO starts talking about putting together a portfolio, go to cash

01-24-2022, 10:04 AM	#2967
finfangfan Member Join Date: Oct 2013 Posts: 12,207	Lol… total bloodbath. We should have invested in Marvel PMGs instead! That’s a bubble that will never pop…

01-24-2022, 11:13 AM	#2972
mnvikingstwins Member Join Date: Sep 2009 Location: Minneapolis Posts: 42,228 ski_4 ski_4	Down 12.4% in 10 days . Disney went from my best to my worst performer

01-24-2022, 11:35 AM	#2973
finfangfan Member Join Date: Oct 2013 Posts: 12,207	SQ all the way down to $105. I added a bit with new 2022 Roth contributions but it’s a buy the dip that keeps on dipping situation.

01-24-2022, 11:40 AM	#2975
carlo16 Member Join Date: Feb 2009 Posts: 3,466	Buy the dip?