05-06-2021, 01:29 PM
(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.
(05-06-2021, 01:04 PM)fenders53 Wrote: Market is not playing at all on the spec stuff. High PE or no PE stocks will be take behind the woodshed for a beating if the path forward is not extremely positive. Falling knives everywhere. It's nothing personal against any particular stock's story. I grabbed a PLTR put at $18.50 next week. I'll probably eat it but the premium was good.IMO a whole lot of stocks have some 20% downside coming for no specific reason.
I think you are right. I stopped the bleeding on LABU, full of (speculative) biotech, and put the remaining money into NAIL, which is full of strong non-tech companies.