03-13-2020, 08:51 PM
(03-13-2020, 07:21 PM)divmenow Wrote:I have a long position in FUN I purchased days too early before the free fall. I am going to trade it some too. I'm no high roller. My trades are small. FUN is a good trade for me for a couple reasons. I know the company well enough. It's not some random day trade ticker to me. And if I get stuck with some $20 shares, I guess I just averaged my long position way down and wait it out. The div is safe for a while if things get horrible. If I was paying closer attention I would have dumped my trading shares at the close today. It seems to have decent support just above 20 so I'll grab some more if I get another chance. If it blows through 20 for more than a few minutes something is probably wrong and I'll regroup.(03-13-2020, 05:37 PM)fenders53 Wrote:Man I thought we were done hearing about SKT once we got below $9 .... Now if all SKT Tennants stock up on water, toilet paper and alcohol wipes to weather the storm, I'm in for 10.000 shares(03-13-2020, 05:03 PM)divmenow Wrote:Why let that stop you? Commissions are free. Talk is cheap so sell your 50 positions and put your money where you mouth is.(03-13-2020, 04:49 PM)kblake Wrote: OIL is going to the moon next week. Just watch. I just added 6 names in the after market. You heard it here first. Buy all you can!!
I would love for you to be right on that I will say XOM wasn't even this low when oil was $10 a barrel way back when. You will do well in the sector in the long run. It will recover. If I had 100k lying around I would put in all in XOM over the next 3 years haha
I'm putting my entire port in SKT and FUN on Monday. Same chart as XOM so why not?
P.S. My port is up enough today to buy a brand new truck. Too bad I lost two Beamer's earlier this week lol. Damn the last two weeks were rough. The market was less volatile during both world wars when like 10 million people died and that's no exaggeration.
I missed out on buying FUN today. But Its 1 day UP and we all know rome wasn't built in a day right lol.