Board 8 > Stock Topic 26

(+) Yeah! (+)

Im not sure its a good time to buy anything.

Brutal.

ow ow ow my portfolio ow

Sold PENN for a big loss because fuck that stock. Holding BAND and PTON only because I dont want to lose the premium / pay extra to close them for my covered calls.

I think I can make money on ViacomCBS, but looking at the 5-year charts I don't think it would be that much.

Hey guys, where is that DNN spike?

I think it was before we bought it

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As someone who owns a shit ton of DNN I have it as mostly a long term investment and I think Lopen is the same!

Although I am always hopeful for a random spike tbh

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we are either early adopters or laggards for DNN. maybe a strange mix of both depending on your POV.

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I sold a lot of covered calls as well so I am very happy with my position.

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VIAC and DISCA are super short term plays to make money off the margin call. Trouble is, the banks might not be finished liquidating that fund's position. Hard to tell.

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Also, got a little bit of cash coming in so I welcome the dip as an opportunity to buy more stocks today.

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Im going to put $90k into EVRI if it remains under $14 at close.

I get a little pain from DNN if it doesn't go up to $2.50 by April 16

I get a decent amount of pain if it doesn't go up to $1.50 by July 16

Have enough actual shares and conviction that it'll be a $10 stock by 2025 that I feel like I'll make a profit either way but I still like it to go up by July 16. It's just a rough market right now.

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Sunroof posted...

Im going to put $90k into EVRI if it remains under $14 at close.

Put that money into IEA instead and thank me when you're $100,000 richer in 2 to 6 months.

I won't even go into the research and the catalysts it has because it probably won't work on you. So instead for something that might: just look at the charts. EVRI has never been over 20. IEA was literally just at 23. I don't pay too much attention to these, but a quick google search shows almost every financial investment site has EVRI at hold and IEA at buy. Motley Fool really likes them especially and has a few glowing pieces on them.

Okay I think those are the things that you care about. Trust me on this one. You bought the riskiest stock I ever brought up here so buy the safest and thank me when I more than make up for the money you lost there.

also as an aside I own exactly 1 share of IEA (just to watch it without clicking my watchlist, lol) and am in on the warrants. bigly in

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ya go my ethereum

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ya go my chainlink to the past

I guess Visa is doing something with crypto so thats p kewl

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StartTheMachine posted...

Put that money into IEA instead and thank me when you're $100,000 richer in 2 to 6 months.

I won't even go into the research and the catalysts it has because it probably won't work on you. So instead for something that might: just look at the charts. EVRI has never been over 20. IEA was literally just at 23. I don't pay too much attention to these, but a quick google search shows almost every financial investment site has EVRI at hold and IEA at buy. Motley Fool really likes them especially and has a few glowing pieces on them.

Okay I think those are the things that you care about. Trust me on this one. You bought the riskiest stock I ever brought up here so buy the safest and thank me when I more than make up for the money you lost there.

also as an aside I own exactly 1 share of IEA (just to watch it without clicking my watchlist, lol) and am in on the warrants. bigly in

I'm interested in the research. In particular - why is it so much higher now than it was before the pandemic in 2020?

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neonreaper posted...

I guess Visa is doing something with crypto so thats p kewl

oh ya go my visa destroying the environment

stupid trees

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StartTheMachine posted...

IEA

Out of curiosity, and because I'm too lazy to do the research myself, what do you think is causing the current extended dip?

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My concerns with IEA are its a NASDAQ stock and has been declining since January?

red sox 777 posted...

I'm interested in the research. In particular - why is it so much higher now than it was before the pandemic in 2020?

Hah. It's a brand new company that only recently went public via the SPAC process. Like many SPACs the price fell dramatically during the acquisition process and they proved to be one of the successful ones shortly after. I think I've mentioned this before here, but there were a few lucky discord folks who bought IEA warrants at 20 cents - the same warrants that were just $6. It's the crowning achievement of that discord thus far, shame I was holding bags in AVCT at the time and had no free money.

For some quick tidbits of research, here's a post summing up their need-to-know fundamentals:

https://www.reddit.com/r/stocks/comments/l1el9k/diligence_discussion_infrastructure_and_energy/

Here's a Motley article that goes decently in depth with some specifics I find bullish as well:

https://www.fool.com/investing/2021/01/29/one-renewable-energy-stock-to-buy-and-one-to-avoid/

Here's the smartest person on the discord doing some extra DD that I really, really like on another potential outlet of revenue for them soon:

https://www.reddit.com/r/Spacstocks/comments/m5yuwd/infrastructure_and_energy_alternatives_inc/


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Youre in IEAWW?

Peace___Frog posted...

Out of curiosity, and because I'm too lazy to do the research myself, what do you think is causing the current extended dip?

A combination of the overall market pullback at large, a secondary offering at the beginning of February priced at 16.75, and the SPAC sector in general having had too huge of a bull run that they all came plummeting together. IEA just didn't deserve to pull back this hard and is dramatically oversold. It's also easily manipulated by shorts due to its low float - I guarantee you there are funds shorting significantly to bring down the price before the infrastructure bill is passed so they can load up on long positions. That's their playbook.

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Sunroof posted...

Youre in IEAWW?

Yes

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I've been meaning to ask Blur about IEA. IEAWW is my biggest loser atm and it seems to go down even further with the market every time theres a drop.

But I suppose I'll keep holding forever!

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Im about ready to throw in the towel and go to index funds. Just been nothing but big losses after making $6,000 on AMC. Lost all of it by now

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CoolCly posted...

I've been meaning to ask Blur about IEA. IEAWW is my biggest loser atm and it seems to go down even further with the market every time theres a drop.

But I suppose I'll keep holding forever!

What's your average? I think this puppy will move very quick again when the infrastructure stuff happens. I'm hoping it becomes one of the few green stocks even if the market stays choppy for a while, but yeah these market conditions are rough. And that's the nature of warrants, they swing dramatically on their moves up and down. If you're below a 4 average, I can't imagine these not hitting 8 before the end of the year. Easy double bagger. But below 2.50, now that's just a lovely price.

E: And hopefully those research links will help shed some light on why you'll be fine sooner rather than later!

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GME volume has dried up again. Our next megabatch of calls expiring is 4/16.

masterplum posted...

Im about ready to throw in the towel and go to index funds. Just been nothing but big losses after making $6,000 on AMC. Lost all of it by now

It's been 2 months. If you believe in the companies it seems like a bad time to sell.

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$4.55 =)

I bought them in a dip, which feels really funny now. Maybe I'll average down...


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Yeah selling right now seems to me to be a bad choice unless you think a company *in particular* is never going to go back up. I strongly support having a significant portion of the portfolio in ETF's in general though.

I'm thinking of selling my 200 shares of AMC though.... my cost basis is $12.35, so selling for $10.40 is a bit of a loss, but if you include all the covered calls I've sold my cost basis is really only around $7. so I've made money and can use the money elsewhere. Calls right now are not selling for much so I don't want to lock into one right now.

But then... it sounds like red sox is calling another GME rally, and that always raises AMC somehow too.... maybe I'll just hold for a couple more weeks.

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I have an order to liquidate all of my JetBlue stock if it hits $20 again. I can't stomach selling any lower than that even though I am up 180% ;_;

Just got the notification ARKX is to begin trading tomorrow.

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CoolCly posted...

But then... it sounds like red sox is calling another GME rally, and that always raises AMC somehow too.... maybe I'll just hold for a couple more weeks.

I only have two shares but I'm going to hold too. I doubt I'll make much, but I already have them and made my profits on shares I sold, so why not at this point?

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I've "lost" around 13k in the last month. Sucks.

Still holding it all though (well, most-- I have actually liquidated some stocks that were slightly losing to double down on other stocks that had gone down) so haven't lost anything.

Weird for masterplum of all people to be panicked by some stocks dropping was he not ragging on moonroof relentlessly for lack of stock patience

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I'm in a good spot now due to DKNG and ATNF, and all my red stocks are just keepers. I'm back to my old frame of mind of not having to buy/sell stocks every time something interesting happens. I am averaging down with some of my gains. I have a few bucks I can toss at anything compelling as well.

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Lopen posted...

I've "lost" around 13k in the last month. Sucks.

Still holding it all though (well, most-- I have actually liquidated some stocks that were slightly losing to double down on other stocks that had gone down) so haven't lost anything.

Weird for masterplum of all people to be panicked by some stocks dropping was he not ragging on moonroof relentlessly for lack of stock patience

Panicked is definitely the wrong word. Exhausted is closer, and questioning if I want to invest the time and effort into trying to beat the market when I have so far been unsuccessful and almost everyone cant is closest.

I havent actually sold much, but I have no enthusiasm of trying to push money around different loser stocks.

And for the record I encouraged Moonroof to put all of his money in an index fund!

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I guess the beat way to put it, is if all my money is in index funds and my stocks go down its the markets problem, but if I try to manage all my investments and my stocks go down its my problem.

And that extra feel bad is not feeling worth it right now

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masterplum posted...

Panicked is definitely the wrong word. Exhausted is closer, and questioning if I want to invest the time and effort into trying to beat the market when I have so far been unsuccessful and almost everyone cant is closest.

I havent actually sold much, but I have no enthusiasm of trying to push money around different loser stocks.

And for the record I encouraged Moonroof to put all of his money in an index fund!

It doesn't take that much time and effort to buy and hold long term. Where most of the work comes in is trying to play short term fluctuations. That work is both time and energy intensive and is very difficult.

If you started trading individual stocks 2 months ago, that was around a market high (at least for tech/growth). Don't let your view of the relative merits of buying individual stocks vs. broad indices be colored by the timing of the entry point.

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masterplum posted...

I guess the beat way to put it, is if all my money is in index funds and my stocks go down its the markets problem, but if I try to manage all my investments and my stocks go down its my problem.

And that extra feel bad is not feeling worth it right now

It is always your problem, and it is never the market's problem. The market will not care one iota if you lose money, or what you invested in.

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I think what you need to do is just stop following the stock market as much, moreso than swapping over to index funds.

Keep an eye on news (not price) of your stocks to be sure what you've chosen are still winning moves, but that's the extent of the attention you probably should be paying right now if you don't have extra funds to be using to invest. Like great stock picks will outdo indexes by a lot. Heck just good ones will outdo indexes. If you believe in what you have then you'll win out.

If the temptation to make plays isn't there it's much easier to be okay with sitting on red stocks.

How you lose is by selling something red that you had no real reason to doubt and only went down a little because you think this other play can make up the loss and then some.

I'm 13k down in the past month and I feel fine. That's like 1/3 my portfolio value. I'm sure you're down much less. So don't worry about it.

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Thanks for the tip STM but I went with EVRI only because of how volatile I know it can be in a single day. I can always get IEA(WW) in the near future, but I want to take advantage of this sub-$14 price point.

Okay, EVRI is currently up 6.4% after hours. Yet, the bid and ask are both well below that. Wtf? How do I sell and get the $14.46 price that its currently at?

The price is equal to the last buy/sell price

So put a limit sell at $14.46 and wait I guess.

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Cool.

If anyone wants to gamble quickly before open tomorrow, get in HOFV. It exploded last week and today. There is supposed to be some news coming out tomorrow morning.

Well now EVRI is back to $13.65? Makes no
sense to me. My limit didnt hit.

Sunroof posted...

Cool.

If anyone wants to gamble quickly before open tomorrow, get in HOFV. It exploded last week and today. There is supposed to be some news coming out tomorrow morning.

I guess they are going to get into the NFT space but I dont really get it

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Market red again but GME over $200 on news they've hired another Amazon executive.

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