Putgolzin Posted February 23, 2021 Share Posted February 23, 2021 23 hours ago, nzan said: I guess any monkey can be making good returns in the current climate, but I'm happy to be making about 10% a month in the first few months. edit - 0% a month 1 1 Link to comment Share on other sites More sharing options...
themcdeal Posted February 23, 2021 Share Posted February 23, 2021 For me, its glorious. Made +300% on RIOT & HIVE and and bought puts for RIOT last Friday which are going to keep printing. It was easy to see that crypto was way overbought and was going to need a major pull back (30% minimum). I'll load up on crypto stocks again once they fall another 50% Link to comment Share on other sites More sharing options...
Wolfgang Durst Posted February 23, 2021 Share Posted February 23, 2021 Don't get why Lucid did not decide to go public the traditional way. Could have raised way more capital for future growth . Instead they sold shares to PIPE and CCIV shareholders at a significant discount for US-$ 10 and US-.$ 15. . Don't get the reasoning from Rawlinson for going public via a Spac neither. Main reason he provided was that investors would have committed long term and how useful this is going forward. Not a smart move at all. Reason might be that Rawlinson is a manufacturing guy and not a finance guy. We will see ... Link to comment Share on other sites More sharing options...
Popular Post Down by the River Posted February 23, 2021 Popular Post Share Posted February 23, 2021 I had PRK surgery the other day so at least I can't really see my losses clearly. 4 1 Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted February 23, 2021 Share Posted February 23, 2021 (edited) So what is with the market the last two days? Pisses me off I dump 15k in two weeks ago in 80/20 mix and then increase RRSP risk as well and the market starts sliding days later. Edited February 23, 2021 by Tortorella's Rant Link to comment Share on other sites More sharing options...
GetFocht Posted February 23, 2021 Share Posted February 23, 2021 7 minutes ago, Tortorella's Rant said: So what is with the market the last two days? Think Canucks season Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted February 23, 2021 Share Posted February 23, 2021 40 minutes ago, themcdeal said: For me, its glorious. Made +300% on RIOT & HIVE and and bought puts for RIOT last Friday which are going to keep printing. It was easy to see that crypto was way overbought and was going to need a major pull back (30% minimum). I'll load up on crypto stocks again once they fall another 50% I like Hive as well. I wish I bought them for pennies last year. If you aren't necessarily a fan of the cryptos then go for the companies that deal with them. Lack of trading experience and uneasiness about losing money in common stock keeps me from pouring in a little bit here and there to make "a lot" of it. Northland Power was another company I liked a couple years ago I mentioned here - about 20 bucks a pop at the time with a nice dividend. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted February 23, 2021 Share Posted February 23, 2021 2 hours ago, Russ said: CCIV created this whole bubble! Lol jk Heh, I tweeted out yesterday I feel bad for the guy/gal that bought my cciv at 62.80 and instead of backlash, I received a bunch of "yup that was me sad face" replies. At least the chasers can acknowledge they were fomo'ing 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted February 23, 2021 Share Posted February 23, 2021 tdacw 2.7 nstbw 1.94 looking for quick bounces later this week Link to comment Share on other sites More sharing options...
NucksPatsFan Posted February 23, 2021 Share Posted February 23, 2021 picked up some April 1 SQQQ calls to have a hedge in my port Link to comment Share on other sites More sharing options...
inane Posted February 23, 2021 Share Posted February 23, 2021 This is normal and good, bought some more MGNI, TTD and a few other small ones. Link to comment Share on other sites More sharing options...
Duodenum Posted February 23, 2021 Share Posted February 23, 2021 Point now is not to sell, increase positions in your strongest holdings (personally increased DKNG, THCB on those sweet dips) and wait for your stocks to rise back up. 1 Link to comment Share on other sites More sharing options...
themcdeal Posted February 23, 2021 Share Posted February 23, 2021 1 hour ago, Tortorella's Rant said: I like Hive as well. I wish I bought them for pennies last year. If you aren't necessarily a fan of the cryptos then go for the companies that deal with them. Lack of trading experience and uneasiness about losing money in common stock keeps me from pouring in a little bit here and there to make "a lot" of it. Northland Power was another company I liked a couple years ago I mentioned here - about 20 bucks a pop at the time with a nice dividend. In all honesty, I would not touch any blockchain or mining stock with a 10 foot poll when it comes to long term investing You want to play the cycle for these. So buy them when crypto is in a bear market and these things are down 95% and then sell during bull runs like the last month. Too much risk and uncertainty with little to no value proposition. If Boomers want exposure to crypto without buying it, they have ETF's not available for that. I think the current block chain stocks are going to come down in value about 50% but will then boom another 200-300%. Just my personal prediction. Link to comment Share on other sites More sharing options...
themcdeal Posted February 23, 2021 Share Posted February 23, 2021 39 minutes ago, NucksPatsFan said: picked up some April 1 SQQQ calls to have a hedge in my port Is that a triple leveraged ETF which is shorting the market? Link to comment Share on other sites More sharing options...
NucksPatsFan Posted February 23, 2021 Share Posted February 23, 2021 (edited) 3 minutes ago, themcdeal said: Is that a triple leveraged ETF which is shorting the market? Yes. I like to play calls on them for a day or 2 to try and flip 10% here and there when everything else crumbles around me. Edit: Picked up the April 1 at the money strike for super cheap to just have in case things go really bizarre. Cost me $100 Edited February 23, 2021 by NucksPatsFan Link to comment Share on other sites More sharing options...
Duodenum Posted February 23, 2021 Share Posted February 23, 2021 (edited) Now I wished I had bought even more THCB, paper hands selling off for no reason. $14 to $19 in one day. Who looks at Microvast and thinks they need to sell this at sub $20??? Over $22 now. Sweet news out, Microvast is partnered with Oshkosh: U.S. Postal Service Awards Contract to Launch Multi-Billion-Dollar Modernization of Postal Delivery Vehicle Fleet - Oshkosh Defense Will Finalize Design of Next Generation Delivery Vehicle (NGDV), Delivering Up to 165,000 of the U.S.-Built Vehicles Over the Next Decade Edited February 23, 2021 by Duodenum Link to comment Share on other sites More sharing options...
Tortorella's Rant Posted February 23, 2021 Share Posted February 23, 2021 1 hour ago, themcdeal said: In all honesty, I would not touch any blockchain or mining stock with a 10 foot poll when it comes to long term investing You want to play the cycle for these. So buy them when crypto is in a bear market and these things are down 95% and then sell during bull runs like the last month. Too much risk and uncertainty with little to no value proposition. If Boomers want exposure to crypto without buying it, they have ETF's not available for that. I think the current block chain stocks are going to come down in value about 50% but will then boom another 200-300%. Just my personal prediction. I get ya. I want exposure but I don't like the idea of buying individual currencies. What do you think of BTCC.B? Link to comment Share on other sites More sharing options...
Russ Posted February 23, 2021 Share Posted February 23, 2021 15 minutes ago, Tortorella's Rant said: I get ya. I want exposure but I don't like the idea of buying individual currencies. What do you think of BTCC.B? I put a little bit into it myself just to get myself exposure. Link to comment Share on other sites More sharing options...
nuckin_futz Posted February 23, 2021 Share Posted February 23, 2021 36 minutes ago, Duodenum said: Now I wished I had bought even more THCB, paper hands selling off for no reason. $14 to $19 in one day. Who looks at Microvast and thinks they need to sell this at sub $20??? Over $22 now. Sweet news out, Microvast is partnered with Oshkosh: U.S. Postal Service Awards Contract to Launch Multi-Billion-Dollar Modernization of Postal Delivery Vehicle Fleet - Oshkosh Defense Will Finalize Design of Next Generation Delivery Vehicle (NGDV), Delivering Up to 165,000 of the U.S.-Built Vehicles Over the Next Decade WKHS getting butchered. I guess if you're going to lose a contract the United States Postal Service is the wrong one to lose. Link to comment Share on other sites More sharing options...
GetFocht Posted February 23, 2021 Share Posted February 23, 2021 I need a penny that will hit $10, anyone? Link to comment Share on other sites More sharing options...
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