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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Wed Feb 24, 2021 1:34 pm Post subject: |
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Annoyed that I already invested my capital and missed the sale. Fortunately, almost all of my option contracts are due 23 months out.
Legit didn't expect a drop this sharp, which was like pricing at the end of December into January for the tech stocks I'm in. Thought the gains in those time periods would stay green after these drops but it didn't.
I hate being a rookie at this and not knowing what to anticipate. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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Posted: Wed Feb 24, 2021 1:47 pm Post subject: |
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Sold off about 30 positions a couple weeks ago as they recovered to pre-pandemic prices but were meh before the pandemic. Moved those funds into more traditional earners. Also sold some country ETFs that did well during the pandemic and took profit there, moved that into small cap growth.
Trying to pay for my son's summer school, so I bought some extra TTD when it was at $800 at the beginning of the year. Sold that after earnings came out last week and hit $905. Then bought it back at $770 yesterday (revenue from connected TV ad sales is only going to grow, so I don't mind holding on long-term, but just trying to put some of that college money to work!). |
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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Posted: Wed Feb 24, 2021 2:16 pm Post subject: |
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Mike@LG wrote: | Annoyed that I already invested my capital and missed the sale. |
Interesting seeing institutional investors buying the dip in bitcoin.  |
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Baron Von Humongous Retired Number


Joined: 02 Jul 2015 Posts: 32521
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Posted: Wed Feb 24, 2021 2:20 pm Post subject: |
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lakersken80 wrote: | Baron Von Humongous wrote: | So....GME, huh? |
They moved onto other penny stocks to pump and dump. |
The Frankensteins are trying to make GME rise again! _________________ Under New Management |
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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Wed Feb 24, 2021 2:21 pm Post subject: |
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DancingBarry wrote: | Mike@LG wrote: | Annoyed that I already invested my capital and missed the sale. |
Interesting seeing institutional investors buying the dip in bitcoin.  |
Yep. As soon as I saw banks and other institutions willing to accept BIT, I bought shares in GBTC, several weeks ago, and RIOT, a highly volatile ETF linked to BIT mining. I knew I bought RIOT way too high, especially considering the RSI and MACD, but thought it was a worthy risk for an option 2 years out.
https://www.etfchannel.com/symbol/riot/
Just gotta wait it out, because that thing JUMPED multiple times.
SOXL is still one of my favorite shares. I find it very predictable with very short cycles. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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Posted: Wed Feb 24, 2021 4:05 pm Post subject: |
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SOXL has been on fire lately. |
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lakersken80 Retired Number

Joined: 12 Aug 2009 Posts: 36303
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Posted: Wed Feb 24, 2021 4:21 pm Post subject: |
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Baron Von Humongous wrote: | lakersken80 wrote: | Baron Von Humongous wrote: | So....GME, huh? |
They moved onto other penny stocks to pump and dump. |
The Frankensteins are trying to make GME rise again! |
Wow what a pop.....good day to be a daytrader on GME. |
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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Wed Feb 24, 2021 6:43 pm Post subject: |
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DancingBarry wrote: | SOXL has been on fire lately. |
I love the predictability of it. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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eddiejonze Star Player


Joined: 19 Dec 2013 Posts: 6041
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Posted: Thu Feb 25, 2021 12:46 am Post subject: |
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lakersken80 wrote: | Baron Von Humongous wrote: | lakersken80 wrote: | Baron Von Humongous wrote: | So....GME, huh? |
They moved onto other penny stocks to pump and dump. |
The Frankensteins are trying to make GME rise again! |
Wow what a pop.....good day to be a daytrader on GME. |
It was ze Germans!
It popped a bit here, but the DAX market is what really got the after hours trading going crazy. _________________ Creatures crawl in search of blood, To terrorize y'alls neighborhood. |
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LarryCoon Site Staff

Joined: 11 Aug 2002 Posts: 11154
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Posted: Thu Feb 25, 2021 7:12 am Post subject: |
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My index funds are still chugging a long.
I did shift one of my accounts from being 10 percent invested in bonds to being nine percent invested in bonds. 'Cause you know....live a little. |
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Omar Little Moderator


Joined: 02 May 2005 Posts: 89500 Location: Formerly Known As 24
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Posted: Thu Feb 25, 2021 8:53 am Post subject: |
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LarryCoon wrote: | My index funds are still chugging a long.
I did shift one of my accounts from being 10 percent invested in bonds to being nine percent invested in bonds. 'Cause you know....live a little. |
And you turned along into two words because... YOLO. _________________ “We must always take sides. Neutrality helps the oppressor, never the victim. Silence encourages the tormentor, never the tormented.” ― Elie Wiesel |
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CandyCanes Retired Number


Joined: 24 Dec 2007 Posts: 33630 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
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lakersken80 Retired Number

Joined: 12 Aug 2009 Posts: 36303
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Posted: Thu Feb 25, 2021 10:34 am Post subject: |
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CandyCanes wrote: | Thoughts on Tesla? Down to 694 today. |
Lots of stocks are down today. |
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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Posted: Thu Feb 25, 2021 10:49 am Post subject: |
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CandyCanes wrote: | Thoughts on Tesla? Down to 694 today. |
It's becoming a little of a bitcoin play with how much he threw into that, which is interesting. But everything dipping right now. I may buy into something. |
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lakersken80 Retired Number

Joined: 12 Aug 2009 Posts: 36303
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Posted: Thu Feb 25, 2021 10:50 am Post subject: |
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Meanwhile GME is back near 171....crazy times. |
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CandyCanes Retired Number


Joined: 24 Dec 2007 Posts: 33630 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
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Posted: Thu Feb 25, 2021 1:00 pm Post subject: |
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DancingBarry wrote: | CandyCanes wrote: | Thoughts on Tesla? Down to 694 today. |
It's becoming a little of a bitcoin play with how much he threw into that, which is interesting. But everything dipping right now. I may buy into something. |
Microstrategy is another one that’s heavily dependent on Bitcoin and has been either skyrocketing or plummeting... _________________ Damian Lillard shatters Dwight Coward's championship dreams:
https://www.youtube.com/watch?v=SZrbEjppnd4 |
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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Tue Mar 02, 2021 9:42 am Post subject: |
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One of my favorites, SOXL did a 15:1 split. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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CandyCanes Retired Number


Joined: 24 Dec 2007 Posts: 33630 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
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Posted: Tue Mar 02, 2021 10:12 am Post subject: |
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Mike@LG wrote: | One of my favorites, SOXL did a 15:1 split. |
Good time to buy in now at 40.37? _________________ Damian Lillard shatters Dwight Coward's championship dreams:
https://www.youtube.com/watch?v=SZrbEjppnd4 |
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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Tue Mar 02, 2021 11:50 am Post subject: |
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CandyCanes wrote: | Mike@LG wrote: | One of my favorites, SOXL did a 15:1 split. |
Good time to buy in now at 40.37? |
No.
I would YT tutorials on how to chart stocks. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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Posted: Tue Mar 02, 2021 1:07 pm Post subject: |
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CandyCanes wrote: | Mike@LG wrote: | One of my favorites, SOXL did a 15:1 split. |
Good time to buy in now at 40.37? |
Only if you've got some beliefs on semiconductors, not because of the split. This was planned/announced a while ago to hit now. Also, remember this is a triple leveraged ETF, a very aggressive type of ETF that will have some big swings. It's actually grandfathered in as a 3X. I think they can only create 2X leveraged ETFs now. |
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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Tue Mar 02, 2021 1:53 pm Post subject: |
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DancingBarry wrote: | CandyCanes wrote: | Mike@LG wrote: | One of my favorites, SOXL did a 15:1 split. |
Good time to buy in now at 40.37? |
Only if you've got some beliefs on semiconductors, not because of the split. This was planned/announced a while ago to hit now. Also, remember this is a triple leveraged ETF, a very aggressive type of ETF that will have some big swings. It's actually grandfathered in as a 3X. I think they can only create 2X leveraged ETFs now. |
Prior "bottom" was a few bucks below 500, which would make the post split price around $33.33.
But as one of my favorites, and something I strongly believe in, I added more shares on top of the split. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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DancingBarry Editor-in-Chief

Joined: 07 Sep 2001 Posts: 39131 Location: O.C.
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Posted: Tue Mar 02, 2021 4:13 pm Post subject: |
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Mike@LG wrote: |
Prior "bottom" was a few bucks below 500, which would make the post split price around $33.33.
But as one of my favorites, and something I strongly believe in, I added more shares on top of the split. |
I've got 4 of the holdings in that fund and 3 of the 4 are underperforming this sector badly. They are doing solid enough compared to other stuff, for sure, but just dogging compared to the ETFs in this sector. Thinking of selling them off and just reallocating that into an ETF here. I'll hold onto the one that's up 450%. But annoyed. |
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Mike@LG Moderator


Joined: 10 Apr 2001 Posts: 64828 Location: Orange County, CA
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Posted: Tue Mar 02, 2021 7:40 pm Post subject: |
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DancingBarry wrote: | Mike@LG wrote: |
Prior "bottom" was a few bucks below 500, which would make the post split price around $33.33.
But as one of my favorites, and something I strongly believe in, I added more shares on top of the split. |
I've got 4 of the holdings in that fund and 3 of the 4 are underperforming this sector badly. They are doing solid enough compared to other stuff, for sure, but just dogging compared to the ETFs in this sector. Thinking of selling them off and just reallocating that into an ETF here. I'll hold onto the one that's up 450%. But annoyed. |
You and me both. _________________ Resident Car Nut.
https://lakersdraft.substack.com/
I am not an economic advisor nor do I advise economic strategies or plans. |
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CandyCanes Retired Number


Joined: 24 Dec 2007 Posts: 33630 Location: Santa Clarita, CA (Hell) ->>>>>Ithaca, NY -≥≥≥≥≥Berkeley, CA
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Posted: Wed Mar 03, 2021 8:20 am Post subject: |
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Getting killed by Moderna here... Bought in for $6400 at 162 and now it’s at 137. _________________ Damian Lillard shatters Dwight Coward's championship dreams:
https://www.youtube.com/watch?v=SZrbEjppnd4 |
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