Correct
I did on LADR too...just get ready for it to drop to 3 again and rinse and repeatJizzle89 said:
Took profits on OVV and LADR Tues... both up another 20% since
Looking at the graph, I'd be inclined to cash it out and wait on another pullback. Stocks are still well below their highs and grabbing some new position (s) in specific companies will give you more growth than FSELX.FriendlyAg said:
I have been reading this thread for a while. It's fascinating to keep up with. I primarily deal with illiquid large commercial real estate investments, so I am a bit of a fish out of water in here.
When I rolled over my 401k at age 24 to Fidelity since my employers 401k plan wasn't great. I had about 12k saved. I bought 2000 shares of FSELX at 5.84. I did some analysis at the time, but can't really remember. I believe I read a bunch and couldn't shake the idea that semiconductors are used in almost all electronics, so there would be consistent, long-term demand and continued growth. The current price is 10.09.
My question to you guys is, should I cash out and look to buy something else in the next 6 months at low prices?
I have a ROTH and a 401k that I am maxing in a different account, so I am almost view this as play money. I definitely can afford to lose it, but I am also interested in rational long term plays.
I am very liquid outside of this and am also contemplating opening an after tax account.
TIA
Yep. at some point all this stimulus is going to bite us in the ass badly.wessimo said:
I'm starting to think the bottom might actually be in. FED is willing to print infinite dollars to prop the markets up.
YesTouchless said:
That the 5/15 $40C?
logic and reasoning against the Fed is a losing proposition every time. I speak from many painful experiences.RSP715 said:Yep. at some point all this stimulus is going to bite us in the ass badly.wessimo said:
I'm starting to think the bottom might actually be in. FED is willing to print infinite dollars to prop the markets up.
Are you taking some off?oldarmy1 said:
MODEL T OFFICIALLY ACHIEVED!
Exsurge Domine said:
Phew liquidated everything at bell open for about a $1500 gain. Way too scary. Wish I had held on to my LADR calls at $5 I sold at $3
Momentum overruns I've talked about is where we are now. There is a natural point at $288 area but I start slowly buying some Puts on big runners now out 30 days. And for SPY Put I would want to see above $285 for max confidence to enter the $275 put out 2 weeks.OverSeas AG said:so when you say that, you were looking at SPY? Correct?oldarmy1 said:
MODEL T OFFICIALLY ACHIEVED!
And now that it has been achieved your actions would be what?
Asking out of ignorance and wanting to learn, not a challenge to be clear... Thx!
Not seeing a pull back over the long weekend?oldarmy1 said:Momentum overruns I've talked about is where we are now. There is a natural point at $288 area but I start slowly buying some Puts on big runners now out 30 days. And for SPY Put I would want to see above $285 for max confidence to enter the $275 put out 2 weeks.OverSeas AG said:so when you say that, you were looking at SPY? Correct?oldarmy1 said:
MODEL T OFFICIALLY ACHIEVED!
And now that it has been achieved your actions would be what?
Asking out of ignorance and wanting to learn, not a challenge to be clear... Thx!