What Did You Buy Today?

[fenders53]

(04-15-2021, 11:58 AM)ken-do-nim Wrote:

(02-25-2021, 10:25 AM)fenders53 Wrote:

(02-25-2021, 10:00 AM)divmenow Wrote: Bought some LDOS. Between the earnings miss and short report I haven’t seen it this low in a while. So I said why not lol. You in on this one too Fenders ?

I haven't researched it.  Hadn't heard of it until you and Otter were discussing it last week.  I am trying to not add too many more new names.  We'll see how long that lasts. 

What I need is for tech to get hammered for real again, but this market is resilient.

Very small trades this morning.  Added a few shares to DG-ARKF  Sold a few SLV puts.

(04-15-2021, 10:57 AM)ken-do-nim Wrote: I'm eyeballing MARA; didn't put a stop on it yet.  It's hovering near death's door but the patient still has a heartbeat.  Stupid purchase anyway, when things like WEBL and TECL are day in day out performers.  Today, however, the shame belongs to ORC.

Had enough.  Won't do that again.  At least it makes my taxes better for next year 

(04-15-2021, 06:55 PM)ken-do-nim Wrote:

(04-15-2021, 05:20 PM)fenders53 Wrote: Sold ARKF today for a small profit.  Still own ARKG.  I am going to call that good for ARK funds for now.

I actually only own a small amount of ARKW in my HSA account, otherwise nothing.  

*****

In other news, I've developed what I'm calling the MARA-HIBL rule.  When a new shiny equity tickles my fancy, but I don't really know too much about it, I can only invest MAX $500 initially.  If it proves itself and I learn a little more about it, then I can invest more.

That's a great rule.  I do try to be very disciplined and not invest heavily without very solid DD.  I listen to conference calls and read analyst report etc.  The biggest reason I do this is because I won't be shaken out on the small bad news of the week.  

If you hang around most any internet forum we will hear random recommendations, and a lot of them are very bad advice.  Now and then I will grab a few shares off this thread's random thought of the hour.  Only a few shares or a couple hundred bucks.  It's OK to gamble with small money.  No matter what I read, I am responsible for my purchases.  I am not afraid to ask why somebody is hot on a stock, or hates a stock.  The folks here will tell you if it's a long-term idea or just a Momo flip in a few weeks.   I try to be careful when I hype a stock.  I won't share an idea unless I have done some DD.  

I am off on a tangent again but your idea is solid.  You have a few more years to figure out all your rules lol.

And nothing wrong with ARKK.  I'm jealous I missed the ride.  But she is in charge of big money now and she isn't acting like Peter Lynch.  She is acting like a carnival barker lately.  That's not OK when you manage the massive funds she does.  I hope she changes her course soon.  Her moves are crazy random right now.