LogFAQs > #961936755

Oh, I know that those are all long term holds. Swing trading is fun and I've made money doing that. I reinvested it and lost those gains because I don't have the energy or time like I did before to monitor the market.

That's why I bought those companies. I believe in them in the long term. Disney isn't going anywhere, and I think they'll be fine once COVID is over. I believe in Five Below because their stores have managed to get their target audience (preteens) yet also attract adults and I notice both in the stores.

SOFI is a weird one. I believed they would go far long ago when I heard about them in like 2015, and so I was excited when they IPO'd. It's a long term hold in a sense, but also a good stock to swing trade. I think it might get more recognition as the Super Bowl comes closer for two reasons: Current hype with the bank charter, and because the Super Bowl is at SoFi Stadium which helps for name recognition.

Beyond Meat...I've accepted that I made a bet and lost. I'm holding because I need to avoid capital losses since my income is currently too low as it is to do my real goal of buying a home. That said, I think they have name recognition, despite competitors. They have good products, and if the McPlant continues to test well and become a permanent item, that will be huge. I believe they're undervalued, they are being over-shorted, and have potential to do well. I just think it will be years before my more expensive shares become profitable, or it might never happen (my most expensive share was $185, stock is at $61.42 now). Part of me wants to buy more in case the McPlant happens, but part of me also wants to stop buying and hold it until I need the money or I can accept realized losses.