The irony is all my stable good blue chip longs are still up very high but my growth stocks are down so bad they eat up all the gains on the blue chip safe companies. I'm bleeding out at least a grand a day from these growth companies.
My first buy on $HOOD was 3 weeks ago @ $16 and I'm down 32% on the position. 52 week high is $85 and it's now under $11.
I feel for the people who were so drunk off the market that their entire portfolio is just growth stocks. I used to get laughed at on here because all I bought was dividend plays. Had I kept my holdings like that I'd be doing fine now. The stuff I sold out of like McDonalds and Coca-Cola are doing even better than they were when I had them. Verizon is doing no worse. Raytheon is way higher.
Oh well this is the bed I made so I'll lay in it.
Breh.. this not a board for financial advice. Not saying that's what u did but you probably were chasing the highs we all were. But remember nobody ever says sell Apple or sell MSFT even here...
What i did mention just me personally is there's no way in hell im holding something Lucid for example when im up 300% in a month etc... im ALWAYS gonna get profits on those..
Even recently just buy leaps and sell on bounce days.. ive always been very cautious with holding growth except the main cathie fund that i held and is slaughtered but the others i parted ways a long time ago.
There's a few others i held and are down big on one of my M1 accounts too. Not all sunshine over here Lol
