Come on in, the water is fine....I picked up some around $64 and will get the rest of my position if this thing drops 10% from my entry (doh!). This is definitely in my speculative bucket...
So I bought some CLX when Cramer talked about Clorox bottoming…suddenly it’s my best performer. It’s been a nice little hedge as everything rolls over. The good news is this sell off provides some buying opportunities going into earnings. Looking at some more AMZN, F and possibly AMD if semis keep falling.
market selloff attributable to the fear of the new COVID variant; the AMA recommends that all school children need to wear masks lucky, last Thur, i bought bearish PUT spread on this timbering one helping me to offset the beating on these two bullish bets
one of the few times that i've got it right iBM has an impressive ERS yesterday after market closing; it is up ~ 5% so far today
Fear of lockdowns starting again, but I can't see it really dropping much though. People have a lot more knowledge of the virus now, vaccines, better treatment, and they know the government will throw a ton of money into the economy to keep the market from crashing.
It'll be interesting to watch, but I think the negative sentiment and finally more people understanding the order flow hopefully won't be forgotten too soon. I think if you asked me a year or two ago it'd be an easier bet though. With the way some of this market has been going though - I really don't know, I just don't like all the negative things attached to them. So I'll just be watching it.
There was press about them making a lot of revenue from dogecoin. With crypto winter fears around, it seems like a stock you wait for a bottom then hold for a few years when people forget about press and focus more on network effects
for this reason, Robinhood and Citadel’s relationship comes into focus as Washington vows to examine stock-market moves, ,i'd not touch the RB ipo w a 10-foot pole
Yeah, I think you're right, I mean I'm sure they'll also reinvent their image if they get even close to the price they want. people generally have short-term memory if a stock makes them money/is going up, haha. I just think I'll probably watch it for entertainment - the whole order flow that adoo highlights is finally gaining even more traction, but I'm sure it'll be what you described with how these things work out.
Thanks their shady stopping of trading (happened to me too) is fairly old news. The fact that crypto has been down since May is probably the bigger reason to stay away. I think I will stay away as well. My idea would be to buy in now at the intro price (38 -50) and sell at 70 but yeah I will sit it out. We shall see
that cover call i sold on the 300 strike may become in-the-money sooner than i think one of the few times that i've got it right
