STX upgrades next qtr guidance 2 months ahead of earnings call... https://www.businesswire.com/news/h...e-Updates-Fiscal-Fourth-Quarter-2021-Guidance
Insider buying at RILY by founder, $2mil worth. RILY has been underwriting the AMC offerings, must be good biz. https://finviz.com/quote.ashx?t=RILY&b=2
i have 602 shares at $8.20. This is someone that has never touched GME or AMC. I have read a decent amount about this the last few days. It's going to get interesting im thinking haha
Enjoy the ride! I can’t seem to get off the roller coaster, maybe I will learn this time around…but I doubt it. It’s definitely entertaining though!
I should have gone in on CLOV yesterday... Instead I got in on contracts on Apple, it worked for a quick 207% but CLOV would have been the better play since I didn't go too aggressive on the contracts... Overnight holds on short expiration calls are not always a good time, I was also worried it seemed too easy.
Well I caved and bought some CLOV when the market opened (never bought a meme stock to date). I managed to get a 30% gain before I cashed out. I don't know how people do this regularly, this becomes high stakes gambling at a certain point.
It's DEF gambling. lol. I had enough fun with GME last time around. I haven't bought any meme stocks since then. Was very tempted this morning to get CLOV at 14.
It was not even my intention. I have had clov for several months now. What makes it even funnier/weirder is I predominately use M1Finance which I only have 2 trading windows per day. So I can't even really sell when I want regardless of what is going on. I started using that platform to stop day trading and swing trading even though I have been relatively successful and focus more on the long term. Which ultimately probably helps me not make mistakes. I have always seemed to time my buys well on dips but then sell too soon and don't see the profits that I potentially could have. So I figured last March/April was the perfect time to change my strategy and average in. Even though I would have been better served to go all in because the market only went up from there.
the best performing stock in the DOW today, coming out of a handle attendant to a 14-mo cup; today it has traded above 150, a 52-wk high IBM trades at a PE of ~14, and has a ~4% yield. if you subscribe to the Elliot Wave Theory, IBM appears to be coming out of Wave 2, going into Wave 3. with the next ERS on 19 July, up, up, and away!
Don't worry about selling too soon. The FOMO around lost profits drive people to do wildly dangerous trades. Ultimately you made some money and you can keep growing the pot over time. People are getting addicted to double and even triple digit gains that they're just turning the stock market into a casino. Ultimately, all I care about is how my portfolio is performing relative to the market as a whole. If I'm doing better than the market, I'm happy with that.
I think it is the 30% gain that has people doing it regularly. Instead of reading fundamentals, they can read momentum via Twitter and Reddit, etc. CLOV and WISH were easy money the last couple of days. Very predictable.
