What I Am Buying Today.

[fenders53]

(01-05-2022, 03:44 PM)MrFortune Wrote:

(01-05-2022, 03:36 PM)fenders53 Wrote:

(01-05-2022, 03:09 PM)MrFortune Wrote:

(01-05-2022, 02:47 PM)fenders53 Wrote:

(01-05-2022, 02:05 PM)MrFortune Wrote: MRNA new 6 month low

SQ new 52 week low

These stocks are still getting pounded. I should have bought puts lol

I may never see the levels I bought at for 5 years. Good thing its less then 20 shares each lol

I only have two stocks getting murdered, but I have a helluva lot more than 20 shares lol.  Both solar other than ENPH.  You want to see some real pain head over to youtube. Several guys I follow dragged legions of young sheep off the cliff with entire port full of IPOs and SPAC they paid 300% too much for.  Probably getting harder to sell their "How to trade stocks like a fool" courses.  It's been painful watching them average down for nine months.  That'll teach them for mocking my boring boomer stocks.  

Its all over. Hide your money under the mattress 

All those high flyers will never see the levels they once had 

Maybe leaving in the bank isn't such a bad idea now. Biden will put us us on the map and the next 3 years will go down as the worst since 1929 

You heard it here first..

Only a couple real companies in the entire batch.  The sheer amount of new stocks is an issue.  There isn't enough spec money to fix them.  Why would I buy them when I can but a profitable but overvalues company?  PayPal for instance.  Still way overvalued in my opinion but they aren't going away.  I;d buy that first  No where near as risky as a SPAC that is 3+ years away from making a dime if things go well.  The Covid stimulus gambler kids are out of money so it gets worse.  Just wait until these companies try to issue some more shares to keep the grift going.       

I am so happy I dumped most anything truly speculative over the past few months.

RUN was speculative and I'm taking a bath in that name lol

ADBE, AVGO, NVDA, ABNB. These aren't specs but they are all caught up in those ETF's with specs on them 

SQ still going lower. Wow anyone other then me own. I have had since $26 but damn so goes my profits

I've made option money on RUN but I gave it all back +.  Most of those stocks you listed are just overvalued or extremely overvalued vs speculative.  All of those will be OK eventually IMO.  Yes there are a few here that have owned SQ for years.  Ray and Otter come to mind.  

Near the close I added GOOGL, QQQ and ENPH.  Small bites.