Down but about to rebound? Only stock picks

[morris]

Any thoughts on Uber, Lyft, and BYND?

Took positions in all 3, 2 weeks before the crash (). Liquidating Uber and Lyft feels like the right move now that I recouped most of my losses, but I'm on the fence with BYND.

I'm always cautious on investing in new health trends. Especially if reports come out later that they're not healthy at all or have serious side effects.

Having said that beyond me donated I believe a million pounds of food to hospitals and on profits. Let's see how that turns out. If only they could associate themselves with a fast food chain that delivers would be better for them.

Check their official site to see what day rhey report earnings.

 

[morris]

Another week another update.

ABBV still my winner at 24.7% gain
XOM still my loser at -20% gain

The rest are in the five percent range game. Nothing big all week, though I was up 25% with GE last week, and now I'm barely up 9% .it's really dropped a lot

 

[morris]

A few I am looking at since I missed the Uber stock rise.

GE - lowest stock price since the 90s
BCRX - reaching so it's worthless. Also works on influenza and oral treatments. Very risky
SENS - medical device company. it made me a lot of my stock money this year. Looking to use this company possibly to recoup. Very risky though


So many stocks so little money

I should have taken my own advice. While it's faltering today, it was up way more than 60% since my post.

 

[Bboystyle]

Realty stocks up big today. NRZ up 16%

Makes no sense

 

[Da_Eggman]

Realty stocks up big today. NRZ up 16%

Makes no sense

Senate passed 4 month Limit on Forbearance.

 

[FruitOfTheVale]

Just doubled my money in a month w/ MRNA Invested based off of an article I read where they were among the first to enter into the Covid vaccine race

I'm selling off all of my positions though because I anticipate the market is going to sputter out again in the next week or 2

 

[Gully Bull]

I should have taken my own advice. While it's faltering today, it was up way more than 60% since my post.

Do you think there’s still space for it to raise considerable ?

 

[morris]

Do you think there’s still space for it to raise considerable ?

Yup.

My cash flow is low as they historically average $8/share

3.45 USD +0.24 (7.48%)
Closed: Apr 22, 6:36 PM EDT · Disclaimer
After hours 3.49 +0.040 (1.16%)


I might get in. Thinking of dumping my share of GE. Just hate to buy after a stock has had more than 60% gain. Biotechs are funky like that in any market

 

[Gully Bull]

Yup.

My cash flow is low as they historically average $8/share

3.45 USD +0.24 (7.48%)
Closed: Apr 22, 6:36 PM EDT · Disclaimer
After hours 3.49 +0.040 (1.16%)


I might get in. Thinking of dumping my share of GE. Just hate to buy after a stock has had more than 60% gain. Biotechs are funky like that in any market

I actually moved on AMRN while I was waiting to hear back from you after seeing it listed in another thread & researching it. There’s a good chance it’s gonna shoot up within the next 8 months and once they’re drug gets approved in EU , a lot of gains are to be made.

 

[morris]

I actually moved on AMRN while I was waiting to hear back from you after seeing it listed in another thread & researching it. There’s a good chance it’s gonna shoot up within the next 8 months and once they’re drug gets approved in EU , a lot of gains are to be made.

Biotechs in general are one of the most volatile stocks. Costs millions to get to Phase I and they drop heavy if results are nit good by Stage III.

Either way, I wish you nothing but success. It has a chance to shoot up as it was in 2019 or so that the stock jumped up to the double digits and into $20.

As always, remember to set your triggers and have an exit strategy.

 

[Cadillac]

thinking of getting into this stock and investing stuff. Any of yall brehs know where I can start

and how much money do you need to start?

 

[morris]

thinking of getting into this stock and investing stuff. Any of yall brehs know where I can start

and how much money do you need to start?

Investopedia

You can start with any amount you want, but the rule of thumb is only invest with what you are comfortably losing.

 

[Starski]

Two good quotes I find relevant in this climate

“nothing like price to change sentiment”

“When there is ample liquidity people will look for an excuse to rally, when there is a lack there of people will look for an excuse to sell”

 

[Warren Moon]

1. This thread needs to be stickied.
2. Beyond meat is about to rally.

First, the natural meat supply lines have been disrupted due to the coronavirus, making more people give in to trying it & the beyond meat comparison price point to meat is being lowered.

Secondly, a lot of the consumers that eat beyond meat prepared by a restaurant or by someone else, are slowly coming back into restaurant food ecosystem.

1-2 month hold

 

[morris]

1. This thread needs to be stickied.
2. Beyond meat is about to rally.

First, the natural meat supply lines have been disrupted due to the coronavirus, making more people give in to trying it & the beyond meat comparison price point to meat is being lowered.

Secondly, a lot of the consumers that eat beyond meat prepared by a restaurant or by someone else, are slowly coming back into restaurant food ecosystem.

1-2 month hold

Beyond Meat was a good buy a while back when it was in the 80's. You are right. I can see a rising quite a bit more.