What are your winners & losers today?

[rayray]

(04-10-2021, 08:34 AM)ken-do-nim Wrote: > i'm a staunch buy and hold investor and selling is very very very bad--it's usually a horrible mistake so i'm sure one or more of those stocks i sold will be good money makers

Wow I'm of an opposite mindset.  At work, we use the Agile Methodology - aka "fail fast".  I don't sit with equities that aren't producing when the market is doing great.  For instance, you just sold WORK aka Slack. Congrats.  I took a long hard look at this one myself.  (And btw, we switched from Slack to (Cisco) Webex Teams for group chat, and strongly considered a Microsoft product as well, so it has stiff competition.)



Remarkably flat since December.  No yield, negative earnings.  I just couldn't find any reason to buy it.

Now, compare that to the S&P 500 over the last 6 months (VOO):



1.48% yield as well.  In general, if I don't think an equity can beat VOO, I'm better off buying VOO.  Steady strong performer and very diversified.  (edit: and SPXL is VOO on steroids)

****

I only came up with the Rule of AT&T recently btw, so if you heard of it before then I'm not the first.

slack (work) has been floating flat since the crm (salesforce) acquisition news broke--made a nice little profit but dead money till the acquisition is completed. between the cash and stock buyout not sure if it gives me enough crm shares, and i haven't done enough research to buy more shares--don't really feel like it at the moment, researching something new--originally bought slack because we use it at work

family members have worked for mabell--so i most likely heard it from one of them