Boiler Room: The Official Stock Market Discussion

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
46,230
Reputation
3,914
Daps
70,021
Reppin
Michigan
I'm so tired of Tesla. I keep looking at the money I have in it and feeling like it could be better spent elsewhere. I've sold off all my bottom feeder stocks except them.

There's just something weird about this company. The way Musk keeps tweeting shyt out and beefing with the SEC. The way they took presells for a car that's not gonna be out for 1.5-2 years and expect a down payment on it. The way they tried to shut all their retail stores and didn't even know that they couldn't wiggle out of their contracts to rent the space then doubled back on it when they were publicly embarrassed and told they'd have to pay for the space anyway even if they closed them.

It was really a failed swing trade and a wise man (well I don't know if he's wise but it sounded nice) once said never try to turn a trade into an investment.

I'm thinking I might sell at the 11% loss and keep it moving.
 

ViShawn

Superstar
Supporter
Joined
Aug 26, 2015
Messages
14,901
Reputation
5,749
Daps
50,060
Wow. The entire cannabis sector is hurting after Aphria earnings. Aurora Cannabis is down 5.7% and my biggest lost this morning. Luckily I have a small position on it and profited a lot on CRON / ACB but I may eventually sell my position and put it into something else.
 

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
46,230
Reputation
3,914
Daps
70,021
Reppin
Michigan
Wow. The entire cannabis sector is hurting after Aphria earnings. Aurora Cannabis is down 5.7% and my biggest lost this morning. Luckily I have a small position on it and profited a lot on CRON / ACB but I may eventually sell my position and put it into something else.
Cron might be at a good buy in point considering what it's been at in the past. I sold out of weed stocks altogether though. Cron got up to the mid 20s at one point.
 

ViShawn

Superstar
Supporter
Joined
Aug 26, 2015
Messages
14,901
Reputation
5,749
Daps
50,060
BAC shares are down like 2%.

"Bank of America reported strong first-quarter earnings on Tuesday, but the stock slipped as management said net interest income will grow more slowly this year."

Bank of America Stock Is Slipping Despite an Earnings Beat Because Headwinds Are Coming

Probably why.

In other news @Tug life said in the IPO thread that Jumai (JMIA) is trading on the NYSE at $34 a share. It was $18 last week. Slipped under my radar!

Not sure how I feel about the CEO.

 

ViShawn

Superstar
Supporter
Joined
Aug 26, 2015
Messages
14,901
Reputation
5,749
Daps
50,060
XUP4FVT.png


:francis:
 

Secure Da Bag

Veteran
Joined
Dec 20, 2017
Messages
41,144
Reputation
21,348
Daps
129,125
"Bank of America reported strong first-quarter earnings on Tuesday, but the stock slipped as management said net interest income will grow more slowly this year."

Bank of America Stock Is Slipping Despite an Earnings Beat Because Headwinds Are Coming

Probably why.

In other news @Tug life said in the IPO thread that Jumai (JMIA) is trading on the NYSE at $34 a share. It was $18 last week. Slipped under my radar!

Not sure how I feel about the CEO.




Still worth getting?
 
Top