11-05-2021, 08:08 AM
(11-05-2021, 06:00 AM)fenders53 Wrote: Looks like PTON will steal the crown today. Most of the Covid stocks will take their beating eventually. The market gets bored with last years news. The SPAC stocks are worse. They will go on record as the biggest fleecing in a long time. Some winners in the bunch of course but mostly not. I see some youtubers that have an entire port full of SPACs. They were stars for a minute.
Yup the NVAX, MRNA, and BNTX of the world will take a dump today
No reason to own these names!
Who ever bought $300 calls on MRNA. What were you thinking. Buy the puts cause its headed below $200
PTON was one of those hyped stocks people just jumped on cause it was the talk of every stock chat board site and a pandemic play. In fact even the analysts got on board and put targets of $175+ on it. This is why you always do the opposite and you will beat the market every time. Right now you don't want to be in any the pandemic stocks. They had there run. What you want to be in are the ones who are just coming out of it names.