Boiler Room: The Official Stock Market Discussion

[winb83]

Dumped Revolve. Made no sense to hold 29 shares in the $430 range in my portfolio. If I can't get a position to at least $1000 I usually close it and Revolve went too far above my cost basis. I wasn't gonna keep buying. If the market crashes I'll buy back in. Should have held the proceeds but I averaged down on JP Morgan Chase with 5 shares. Got it above $1000.

 

[Serious]

Dumped Revolve. Made no sense to hold 29 shares in the $430 range in my portfolio. If I can't get a position to at least $1000 I usually close it and Revolve went too far above my cost basis. I wasn't gonna keep buying. If the market crashes I'll buy back in. Should have held the proceeds but I averaged down on JP Morgan Chase with 5 shares. Got it above $1000.

That's how i feel about a lot of stocks.

A lot of shyt is over valued. So i'd rather break even then restructure. Not like the economy is about to get better overnight.

 

[NkrumahWasRight Is Wrong]

Dumped Revolve. Made no sense to hold 29 shares in the $430 range in my portfolio. If I can't get a position to at least $1000 I usually close it and Revolve went too far above my cost basis. I wasn't gonna keep buying. If the market crashes I'll buy back in. Should have held the proceeds but I averaged down on JP Morgan Chase with 5 shares. Got it above $1000.

Should i hold revolve? Im at 14.79 or so

 

[NkrumahWasRight Is Wrong]

That's how i feel about a lot of stocks.

A lot of shyt is over valued. So i'd rather break even then restructure. Not like the economy is about to get better overnight.

Im way more pessimistic on the economy now based on something i heard regarding my industry. This could take years

 

[Scholar]

we really gonna finish green ?

 

[ahomeplateslugger]

we really gonna finish green ?

we had a couple of red days. need a green day somewhere in there. it's healthy for the market

 

[Chrome2279]

we really gonna finish green ?

The Fed refuses to take Ls!

 

[Scholar]

Im way more pessimistic on the economy now based on something i heard regarding my industry. This could take years

what did you hear

 

[NkrumahWasRight Is Wrong]

what did you hear

Posted on stimulus thread and discord

33% expected drop in revenue in tennis industry

Small businesses are really fukked if its that bad for us

Distancing may be easiest in tennis amongst all sports. If its that bad for us how bad is it for everyone else?

Now, it may just be a bad estimate. Who knows with all the moving variables. But i didnt expect it to be nearly that bad

 

[NkrumahWasRight Is Wrong]

Companies that provide health and fitness products for at home stay are probably a good and safe investment. As high as peloton is it may still be undervalued

 

[Tug life]

Took JetBlue from JFK last week and it was still a ghost town in the airport. I took a 12 p.m. flight, looked more like a 3 a.m. flight got through security and baggage claim in less than 10 minutes from walking in. Gates were completely empty nobody in the middle seats and they weren't selling any on flight extras.

I like to do real world research on stocks I'm investing in and it doesn't seem airlines are getting back to normal anytime soon

 

[winb83]

Should i hold revolve? Im at 14.79 or so

I can't really say. I didn't sell because I didn't believe in the company I just sold because the position was so small and had a sizable gain. If it was a decent sized position I would have just kept it.

Then again I sold 3 shares of Nvidia in the $170 range bought at $162, 2 shares of Charter in the $320 range bought at $282, 20 shares of AMD in the $30 range bought at $19.50. All those stocks are worth drastically more than I sold at. Charter is $500 Nvidia is $312 and AMD is $53.

Due to how slowly I buy stocks this happens a lot.

 

[ahomeplateslugger]

Yahoo is now a part of Verizon Media

this market is hard to read right now. a big mix of calls and puts plus technicals and fundamentals aren't helping much because we're getting sporadic movement.

 

[Serious]

A V-shaped recovery is 'off the table,' Fed's Kashkari says

 

[NkrumahWasRight Is Wrong]

I can't really say. I didn't sell because I didn't believe in the company I just sold because the position was so small and had a sizable gain. If it was a decent sized position I would have just kept it.

Then again I sold 3 shares of Nvidia in the $170 range bought at $162, 2 shares of Charter in the $320 range bought at $282, 20 shares of AMD in the $30 range bought at $19.50. All those stocks are worth drastically more than I sold at. Charter is $500 Nvidia is $312 and AMD is $53.

Due to how slowly I buy stocks this happens a lot.

Word my position is small also. Might wait and see if it touches 20