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 

(06-24-2021, 12:13 PM)ken-do-nim Wrote: You keep using this 'momo' phrase and I don't know what it means.  I looked it up and it said something about a momentum play.

Exactly that.  Short -term movements that have nothing to do with company fundamentals.  TTD isn't worth 17% more than it was yesterday.  Neither are my favorite solar stocks etc. Wall street algos and internet kids pile in without regard to fundamentals and chase the flavor of the day or month. I'm very surprised this is a foreign concept to you.  It's been going on for decades.

Saw a video the other day and the guy doing to study claimed the company's actual fundamentals were responsible for about 10% of a share price move the first year you own it.  Over a decade it is closer to 90% fundamentals.  Fundamentals matter eventually and of course it doesn't always take 10 years.