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STOCK MARKET: Let's talk stocks and investing

Discussion in 'BBS Hangout' started by SWTsig, Jun 2, 2008.

  1. RKREBORN

    RKREBORN Member

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    I dumped MRNA at $29.50. Should have dumped at $33. Doubt it will go that high again
    As for UAL, thought I got a deal at $34 yesterday, but it's been floating at $31 today ugh. Losing 100's
    And don't get me started on the shitty IBIO
     
    #8681 RKREBORN, Mar 17, 2020
    Last edited: Mar 17, 2020
    CCity Zero likes this.
  2. Invisible Fan

    Invisible Fan Member

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    Is Boeing his pet name for Grandma?
     
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  3. KingCheetah

    KingCheetah Atomic Playboy
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    I really hope not.
     
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  4. jsingles

    jsingles Member

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    Bought APRN at $6.15 but then sold it all at $6.47, wish I had just rode it.

    I think this will be a $10 stock very soon.
     
  5. RKREBORN

    RKREBORN Member

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    Doubt $10, but maybe $8
     
  6. RKREBORN

    RKREBORN Member

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    Just bought in at $7.20. I think I have a gambling problem now
     
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  7. CCity Zero

    CCity Zero Member

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    Yeah on MRNA with my tight trailing stop, only got $28.88 but I'll take it, nice gains considering the mess yesterday. I only did that because I wasn't going to be able to monitor like I mentioned, but yeah $33 would be nice for sure, as long as you took profit though just move on to the next, or if it's one you like later, like let's say Disney and you buy it and sell early to rebuy on a dip, don't worry on a few points. I've done that a lot in the past (and not saying you are or anything), but I'd like question a sell and hold too long or try to rethink and enter back too soon, I think in this market as long as you make moves and take profit where you can you're ahead. Anyway definitely agree with you on MRNA, I'm out for now on it unless we get some good news.

    On ibio, yeah definitely be careful, if you can average down it could be something to try but I really worry on that one, unless someone pumps volume/news.

    UAL will return but I think it's going to be a long play but should payoff.
     
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  8. CCity Zero

    CCity Zero Member

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    I think this could be a great opportunity, especially if you're already in it. These type of services should be in demand until we get back to normal. Nice catch.

    If not in it, maybe wait but I think you can make profit. Watch volume after hours, it's definitely moved a lot today
     
  9. RKREBORN

    RKREBORN Member

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    I'm getting killed with Blue Apron
     
  10. CCity Zero

    CCity Zero Member

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    When you bought it at $7.20 was that just market trade through RH? Like one thing to be really careful with on them and others is to do a limit buy. Like they'll sometimes average up on a market buy to get you in. Obviously it's probably not a crazy amount but if you're doing high volume the cents add up. I only recommend market trade if absolutely worst case or trying to catch a rocket.

    Also, just mentioning in case for others starting out. All of these apps default to market, so just be careful
     
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  11. CCity Zero

    CCity Zero Member

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    If in it still, watch volume after hours, like if you see good movement you should hopefully be okay. I'm hoping it rockets for you guys.
     
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  12. RKREBORN

    RKREBORN Member

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    Dude I thought I was just paranoid but totally noticed that as well. Good advice, thanks
     
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  13. astros123

    astros123 Member

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    From what im hearing with my colleagues is that the bailout that the Government is giving to the airlines will include that they must not cancel any Boeing max orders that they have on the books.
     
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  14. CCity Zero

    CCity Zero Member

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    Happy to help, and you're absolutely right, like what I'll do is set the price I want in at so at last update or below by watching another site same time. Just to make sure I'm in at the best price (if premarket and a hot stock have to be careful so you get in, but if market is open always set the price). Like in some hot stocks afterhours you'll see a gap where a stock jumped - like if you look at BNTX on a week view you'll see huge jumps between days right at market open, the best time if you've been studying a company or have a good tip is to buy day before and get out after the gap if it's good. Obviously this doesn't work all the time but you can make quick money here on some. But the reason I mention to watch the price on a different site is you want to make sure you set your price right (like if you were trying to buy between market days).

    Also, when selling shares, unless it's emergency stock and crashing that you need to get out, always set price you sell at too. I mean if trading enough volume you could set pre-marks like buy low - sell high etc. I'll sometimes watch a chart if it's risky investment and set an out I want to shoot for. Like on some of the penny vax ones, that are super dangerous and can even be pump and dumps (if you're gambling etc.) set a preout. Especially if you can't watch it. If you're wrong and off (even if off a lot), profit is always better than negative. Or set a trailing stop loss, obviously people will have their own opinions here and at the end of the day all that matters is you made money.

    There's always going to be another deal but the current trade you're in might not be profitable long, so set spots like even take profit on half/75% and ride the rest but I try to do this, again this isn't financial advice but just some stuff I'll do depending on what you plan on doing. Obviously if it's a long term investment then you probably don't have to worry about it, but if you're day trading that's when I try to make sure I'm cashing out.

    I'm obviously not a financial advisor, but just suggesting some stuff that might help. But regardless of that always use limit when you can.
     
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  15. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Influx how? The government has dumped available cash into the system that would dwarf the amounts above combined. This is a situation that people expected somewhat, but was exacerbated by coronavirus. The government is trying to protect the structure of the house while we have to wait for the front yard, bricks, paint, etc. of the house to fix itself when coronavirus is done. The economy can't recover until coronavirus is stomped out. If nobody is going to work, there will be layoffs. If there is nobody eating, restaurants will falter. If nobody is out and about, most everything else will suffer. Like I keep hearing, this isn't like the Financial Crisis of 2008. We're somewhat at the mercy of coronavirus right now with regards to the economy. The government is dumping over $1 trillion of avialble money to try to stop the bad from happening or at least help as it does happen.
     
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  16. CCity Zero

    CCity Zero Member

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    This could be really interesting.
     
  17. Cokebabies

    Cokebabies Member

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    Will keep an eye on Boeing to get in. They are basically a state owned enterprise and is unlikely to fail. I already made my bet (albeit too early) on Tencent cuz ppl gonna stay home and play video games, and I also just put a bet on Disney cuz Disney+ will get a huge boost from the quarantines.
     
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  18. CCorn

    CCorn Member

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    My worthless Waitr stock has doubled this week.

    Tilman buys tech company and runs it into the ground. Morey makes tweet pissing off china. China spreads disease shutting down all of American sports and society. Worthless delivery company grows in value making Tilman money.

    Morey, you sly dog.
     
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  19. Deckard

    Deckard Blade Runner
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    Well said. My concern is just how the government is helping. The general public, the small companies need help quickly. The businesses all need to be kept afloat, bills paid, unemployed workers paid. Not just large corporations. Mechanisms exist to help them. It's everyone who's sitting at home or should be, including those small business owners, who are wondering how they will pay their bills, feed their family, themselves, pay their rent, their mortgage, pay for medications. Those are the people that need immediate assistance now. We don't need endless talk from Washington. We don't need weekend recesses by Congress. We need action.
     
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  20. CCity Zero

    CCity Zero Member

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    Absolutely great points.

    Just really bad right now, hopefully we can get some good news... Or at least a plan to keep small businesses open. I mean some people out of work atm might not even have a job to go back to. Just really sucks
     
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