Ontopic UF Trade / Stock Thrad

A high school buddy of mine bought Apple shares like in the late 90s or early 2000s, then sold them before iPhone and iPads became huge hits. Made a little money, but he could have been a millionaire if he had kept them. oooof
 
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So ASO is still labeled as a "buy" by most advisors. Its damn near doubled from when I bought, and as far as I can tell there's no squeeze incoming.
I don't get why its such a strong buy rating. I'm wondering when I'll need to sell.
 
Mr. Argumentor said:
So ASO is still labeled as a "buy" by most advisors. Its damn near doubled from when I bought, and as far as I can tell there's no squeeze incoming.
I don't get why its such a strong buy rating. I'm wondering when I'll need to sell.
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Their business has been seriously suppressed due to the pandemic. I'm thinking they'll have a good quarter or two as people re-engage, then back to biz as usual. So short of the shorting biz, seem that point to sell will be roughly about 6 months from September. I'm assuming the summer is null due to being so unknown. It's sporting stuff - nothing's gonna make it soar crazily other than market games. They got no new tech or such.
 
Got a couple hundred TRCH yesterday morning, it was up 25% by end. Hope it keeps climbing. I have the week off work, I'm gonna informally try and make $100 a day. Settling periods might ruin it though.

Yes I am small fry. All my stock money is just what I got refunded during covid for our wedding flights.
 
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Mr. Argumentor said:
Hopefully you got out of CLOV. Did some more digging on it and it looks like it is a pump and dump stock for Citadel
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Yeah I got some moneys from that before it bottomed out. Short plays are all I have time for. Usually hop on reddit in the AM on a slow day, figure out what's getting pumped and get a hundred or so before I exit. It ain't much but its good learning along the way.
 
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I know it's not cool to keep checking tickers once you sold since you'll just regret the potentials but I find it so affirming to check and know it nosedived not long after selling, shows me I didn't get too greedy.
Be back in the morning to see what play to make. Did buy a random true penny this morning ($0.01), got 10k shares for $100 and I'm up 30 so that's nice percentages. Long may that go up fractionally.
 
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Dory Berkowitz-Bukowski said:
I know it's not cool to keep checking tickers once you sold since you'll just regret the potentials but I find it so affirming to check and know it nosedived not long after selling, shows me I didn't get too greedy.
Be back in the morning to see what play to make. Did buy a random true penny this morning ($0.01), got 10k shares for $100 and I'm up 30 so that's nice percentages. Long may that go up fractionally.
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I think it's totally cool - it's not like stalking an ex, which IS uncool. It's good to look at what you did imo. Sometimes I look at my or someone else's stock pick weeks or months later, just to see how it went. I also keep a running list of stocks I want to research, in various niches. I bought about $500 of MYCOF today(psilocybin stuff). Bet I had that note for 6 months. hmm, maybe I was high :)

The pennies are cool - there are thousands of stocks that do 10-50% in 1-5 days and it never makes the financial news because the volume is so low.
 
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wetwillie said:
I think it's totally cool - it's not like stalking an ex, which IS uncool. It's good to look at what you did imo. Sometimes I look at my or someone else's stock pick weeks or months later, just to see how it went. I also keep a running list of stocks I want to research, in various niches. I bought about $500 of MYCOF today(psilocybin stuff). Bet I had that note for 6 months. hmm, maybe I was high :)

The pennies are cool - there are thousands of stocks that do 10-50% in 1-5 days and it never makes the financial news because the volume is so low.
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Yeah I'm buying some more pennies today, all you need is one to come good, 50k shares for $60 or so, it it gets to a penny you're golden. Let's wait and see what the day brings. I seem to be out of my rut this week; everything was stagnant for a while, I cut some bags, kept some just because there's no point selling if it'll go back up in the future and its a long term hold. Just loathe holding some for years but oh well.
 
Dory Berkowitz-Bukowski said:
Just loathe holding some for years but oh well.
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A slow but steady upward trajectory isn't exciting. But neither is this
rock climbing base jumping GIF


HODL isn't bad until it's terrible. :)
 
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