TEUM just keeps dropping... this thing looks like it'll be under $1 in no time

OA - Interested in your HEAR suggestion.....Long term or short term play?

X with the potential reversal? May be time to get out of the puts that I had net free...

Here goes AMD. My calls are up 75% now.

ETA: sold half at 100%

MU with the bullish harami forming going in to earnings this week...could be a good call option if you like to play earnings

Ostk crashes again. Remembered to set a stop this time

If SQ loses $55 I think it takes out its 52 wk low, JMO.

Time to buy up more JD? At a 7 day low, but could fall more to get to a 30 day low

Bleh on OSTK and NIO

khaos288 said:

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Ostk crashes again. Remembered to set a stop this time

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When do I jump in for the first time? Down 21% today.

PearlJammin said:

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khaos288 said:

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Ostk crashes again. Remembered to set a stop this time

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When do I jump in for the first time? Down 21% today.

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plenty of purchases around 11.50's, but IF you jump in, set tight stops. This is ridiculous.

Prognightmare said:

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If SQ loses $55 I think it takes out its 52 wk low, JMO.

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Well this would suck, but I see it. Not sure if to cut and run or hold on for the long term.

Remember I posted I was done with OSTK unless it hits $10.50 area. Getting close and that would only be a short term dead cat bounce trade.

oldarmy1 said:

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Remember I posted I was done with OSTK unless it hits $10.50 area. Getting close and that would only be a short term dead cat bounce trade.

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What kind of stop do you play on that?

oldarmy1 said:

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Remember I posted I was done with OSTK unless it hits $10.50 area. Getting close and that would only be a short term dead cat bounce trade.

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That's my problem I thought you said you were in it and forget it aka like you weren't worried about this volatility that long term it be good one. Sold at $12 took a 25% hit ouch

khaos288 said:

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oldarmy1 said:

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Remember I posted I was done with OSTK unless it hits $10.50 area. Getting close and that would only be a short term dead cat bounce trade.

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What kind of stop do you play on that?

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$10

Aggie_2463 said:

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oldarmy1 said:

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Remember I posted I was done with OSTK unless it hits $10.50 area. Getting close and that would only be a short term dead cat bounce trade.

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That's my problem I thought you said you were in it and forget it aka like you weren't worried about this volatility that long term it be good one. Sold at $12 took a 25% hit ouch

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I'll hold for a bit and see what happens before taking a bath on this one, but today is sure a kick in the nuts

My two worst trading days ever back to back. That was an expensive lesson.

Will only buy back into ostk at 10.5 with a 10 stop. Bb options up, amd options up. Still down almost 6% on the entire portfolio today

gougler08 said:

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I'll hold for a bit and see what happens before taking a bath on this one, but today is sure a kick in the nuts

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The only stock I have sitting on my screen without an unrealized loss at the moment is MDR. And its a very small position. It seems like every single day my net liquidation value has taken a dive south over the last several weeks - after being up > 60% I'm now down 4% for the year. Lets just say momentum stocks made me and lost me a lot of money in 2019. I'm sticking with them for now hoping to finish the year on an up note. A lack of a clear vision, discipline and large doses of stupidity got me where I am right now. Here are my current holdings in my trading account (doesn't really tell you where I've been but more of where I'm at):

CWEB - down 6%
FSLY - down 6%
MDR - up 10%
OSTK - down 29%
ROKU - down 16%
SFIX - down 3%
SHOP - down 11%
TTD - down 8%

^ I could have written that post. I'm down 30% in the last two months after a good Q2.

khaos288 said:

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My two worst trading days ever back to back. That was an expensive lesson.

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I'm with you both... about to go buy a rent house, lol, kidding!

How are we liking ZS here? Is it worth nibbling and buying some more on this dip? Or wait until a more solid base is formed?

That's a question for OA, he's watching that one closely.

Roku drop to 80's?? why? this is insanity. Luckily I had stops on this one. Bought Friday and already stopped out today just a couple bucks cheaper. If you are long in it, set tight stops! This week could continue to be rough. The CEO could fart in public and it'll drop $10.

How are they not worth 170+? and companies like Wayfair and Netflix are 125 and 300 and they are losing money! ??? This is nuts. Whatever the powers that be on the Street want, they get. Crazy times.

ROKU needs some news or event to restart upward momentum.
Right now it's up almost a buck and a half in after hours trading, so maybe there's hope.
I have to think once it starts up it shoots like a rocket with people piling in again to ride it up.

Thoughts and prayers to those playing in the OSTK sandbox. I got stopped out twice in one day and couldn't risk going in again, not until my pattern day trading thing clears in my RH account.

ROKU negativity should subside with time and I agree when it turns buyers will pounce.

This stock was at $27 within the past year. Stuff doesn't just go straight up without correcting every now and then

Its the old apples to watermelons comparison covered in Finance 301.

GreasenUSA said:

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Huh?

ROKU is sitting at a market cap of 13B
W - 11B
NFLX - 116B

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Just pointing out companies that are bleeding money yet have crazy pps ( inflated market caps if you ask me)...and ROKU on the other hand makes money. I have no position, just find it quite odd.

george1992 said:

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Its the old apples to watermelons comparison covered in Finance 301.

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You win internet tough guy cheers.

gougler08 said:

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NIO down big after cancelling its earnings call, yay stocks

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Time to hit eject on this one

I think most people on here have diversified accounts, and there is a small percentage allotted for trading. I have a small part of my overall accounts for trading, and end up only up 5%. But that's ok because I haven't blown my account up, I learn a lot, and my research on my long term buys have been really good. So my failures the last month were:
A couple weekly JD calls that were pennies
A couple roku calls that ended up being a 200 dollar loss
Wins:
ZS swing
DBX swing
GE buy after hit piece and then selling calls

Did you attend RRHS in early 2000's and play trombone?