What Did You Buy Today?

[fenders53]

(05-11-2021, 09:12 AM)divmenow Wrote:

(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: 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.

Well me too. Got in at $108.90 

This will be a big winner for years to come.  You have to add at some point, so why not today. I don't worry about making a few $ here and there  . I'm in to win it lol 

Are we having fun today 

(06-29-2021, 02:57 PM)ken-do-nim Wrote: We have a philosophy difference here.  When I sell at a loss, I take a gut check, and that gut check goes as follows, "Stock X I'm down 5% on.  Stock Y, which is similar, I'm up 5% on.  Do I think that, from here on out, Stock X will outperform Stock Y?"  If the answer is no, in this brave new world of zero commissions, I move the funds to Stock Y.  

In the case of ORC, KMI, and BTI, the loss on ORC was somewhat sizeable (over $100) and I had zero confidence it would right the ship and even stabilize.  I used to own ORC when it was closer to 10; it's time to quit.  KMI and BTI were tiny losses.

That said, hopefully my gargantuan portfolio churn is coming to an end for 2021.  I don't even want to show you my transactions tab.  Thankfully when we do our taxes it can electronically download from E*Trade so I don't have to type all that stuff in.

I'd entertain that if you didn't go from enthusiastic to disappointed in a few weeks, wake up in the morning and dump six stocks on a whim, so you can immediately move on to a new yield trap that ran up 50% before you found it.  You'll get by with it while the bull is running at all.  I churn a part of my port and it is usually based on the buy low sell high theory. I won't dump JNJ at a loss because it had a bad six weeks.  I try not to overthink this or allow fear and greed to drive my trades.  Good research minimizes the possibility of that.