(05-11-2021, 08:34 AM)divmenow Wrote: Bought ENPH, TDOC, AVGO, APPL, MO, and CRSP.

Told you I would be buying some lol

(05-11-2021, 08:44 AM)fenders53 Wrote:

(05-11-2021, 08:34 AM)divmenow Wrote: Bought ENPH, TDOC, AVGO, APPL, MO, and CRSP.

Told you I would be buying some lol

Added to ENPH and GNRC.  Just a little as I build positions.  Placed a lot of limit orders and knew I'd guess high on a few.  A buck doesn't matter so much in a freefall.  

(05-11-2021, 08:45 AM)EricL Wrote: I don't think we've seen anything yet regarding price drops in high flyers. Many of the high growth stocks are still in the stratosphere as far as valuation goes, and many were run up on playing the out of the money call option game, so there isn't really much solid fundamental support below them.

Stocks like those in streaming, the genomic sector, cloud computing, software, etc. are still trading at 20-30X revenues with no earnings. Keep in mind the massive leverage in the system as well. IIRC margin use is at an all-time high.

You get a fund or two (ARKK maybe) blow like Archegos did a month ago and it's all going to come crashing down hard.

Another day or two sell-off and Friday could get awfully interesting when margin calls go out.

(05-11-2021, 08:47 AM)divmenow Wrote:

(05-11-2021, 08:44 AM)fenders53 Wrote:

(05-11-2021, 08:34 AM)divmenow Wrote: Bought ENPH, TDOC, AVGO, APPL, MO, and CRSP.

Told you I would be buying some lol

Added to ENPH and GNRC.  Just a little as I build positions.  Placed a lot of limit orders and knew I'd guess high on a few.  A buck doesn't matter so much in a freefall.  

Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

(05-11-2021, 08:53 AM)divmenow Wrote:

(05-11-2021, 08:45 AM)EricL Wrote: I don't think we've seen anything yet regarding price drops in high flyers. Many of the high growth stocks are still in the stratosphere as far as valuation goes, and many were run up on playing the out of the money call option game, so there isn't really much solid fundamental support below them.

Stocks like those in streaming, the genomic sector, cloud computing, software, etc. are still trading at 20-30X revenues with no earnings. Keep in mind the massive leverage in the system as well. IIRC margin use is at an all-time high.

You get a fund or two (ARKK maybe) blow like Archegos did a month ago and it's all going to come crashing down hard.

Another day or two sell-off and Friday could get awfully interesting when margin calls go out.

If that's the case then why did you buy all those name like CRSP, and others near the highs if you knew they were over valued   I know you sold them, but you took losses on most and then went in those other names like ENPH at much higher levels. You have a itchy trigger finger just like me lol 

Of course there over valued. But you buy them for the future. At least ENPH is making money and I didn't buy at $220 lol. I can deal with $109 

And you know how I feel about ARKK. Will never buy her funds or ETF's. All she does is add the momo stocks and doesn't care at what price. Its the same names over and over again. Maybe one day she will catch the bottom

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote:

(05-11-2021, 08:44 AM)fenders53 Wrote:

(05-11-2021, 08:34 AM)divmenow Wrote: Bought ENPH, TDOC, AVGO, APPL, MO, and CRSP.

Told you I would be buying some lol

Added to ENPH and GNRC.  Just a little as I build positions.  Placed a lot of limit orders and knew I'd guess high on a few.  A buck doesn't matter so much in a freefall.  

Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

(05-11-2021, 09:09 AM)divmenow Wrote: Look at good old MO. Up again. $60's are on the way.

Anyone own Agilent Technologies, Inc. (A) ?? Its been a good one. Nice chart.

(05-11-2021, 09:08 AM)fenders53 Wrote:

(05-11-2021, 09:06 AM)divmenow Wrote:

(05-11-2021, 09:00 AM)fenders53 Wrote:

(05-11-2021, 08:47 AM)divmenow Wrote:

(05-11-2021, 08:44 AM)fenders53 Wrote: Added to ENPH and GNRC.  Just a little as I build positions.  Placed a lot of limit orders and knew I'd guess high on a few.  A buck doesn't matter so much in a freefall.  

Way to go...  . Join the ENPH club lol

I also took a new position in PXD thanks to the secondary at $153

I needed to add another name in the sector to go along with CVX and EOG

now the only other sector I'm underweight in is leisure 

Dude I am a charter member of ENPH.  I made a few hundred a month the past year selling short puts while it ran.  I have a few short puts that are WAY in the money after this bloodbath.  I can only roll forward so much before I own $140 shares.     I said here many times I was good with adding a real position starting at $125.  If I am honest I need ENPH to head back to $120ish to be back to even.  I wasn;t aggressive enough when it was truly cheap.  I'll add shares to my growthy port in the meantime.

Yeah yeah. What ever floats your boat   lol

I am very good with owning ENPH long-term.  How happy I am in the end very much depends on the entry.  We'll see where the bottom is soon enough.

(05-11-2021, 08:53 AM)divmenow Wrote:

(05-11-2021, 08:45 AM)EricL Wrote: I don't think we've seen anything yet regarding price drops in high flyers. Many of the high growth stocks are still in the stratosphere as far as valuation goes, and many were run up on playing the out of the money call option game, so there isn't really much solid fundamental support below them.

Stocks like those in streaming, the genomic sector, cloud computing, software, etc. are still trading at 20-30X revenues with no earnings. Keep in mind the massive leverage in the system as well. IIRC margin use is at an all-time high.

You get a fund or two (ARKK maybe) blow like Archegos did a month ago and it's all going to come crashing down hard.

Another day or two sell-off and Friday could get awfully interesting when margin calls go out.

If that's the case then why did you buy all those name like CRSP, and others near the highs if you knew they were over valued   I know you sold them, but you took losses on most and then went in those other names like ENPH at much higher levels. You have a itchy trigger finger just like me lol 

Of course there over valued. But you buy them for the future. At least ENPH is making money and I didn't buy at $220 lol. I can deal with $109 

And you know how I feel about ARKK. Will never buy her funds or ETF's. All she does is add the momo stocks and doesn't care at what price. Its the same names over and over again. Maybe one day she will catch the bottom