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What are y'all buying with all these blue light specials every day?

Posted on 6/21/22 at 7:39 am
Posted by Grassy1
Member since Oct 2009
7330 posts
Posted on 6/21/22 at 7:39 am
I admit that I haven't even had the stomach to look at buying anything the last month or more, but conventional wisdom says now is the time to be adding.

Any optimism out there?

Posted by whodats26
Metairie
Member since Jan 2008
153 posts
Posted on 6/21/22 at 7:52 am to
NLST is the only thing I'm buying right now.
Posted by LSU2a
SWLA to Dallas
Member since Aug 2012
2889 posts
Posted on 6/21/22 at 8:02 am to
quote:

but conventional wisdom says now is the time to be adding.


Have you ever heard the saying “don’t catch a falling knife”?
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1800 posts
Posted on 6/21/22 at 8:13 am to
I'll just hold off on any long term plays until the Fed capitulates, thank you.

That said I bought some ZM and AMZN for swing trades.
Posted by greygoose
Member since Aug 2013
14360 posts
Posted on 6/21/22 at 8:29 am to
AUPH seems like a no-brainer. About to get EU approval and Big Pharm is flush with cash and buying. Stock price is very cheap right now, and I expect it to rise up in the short term and at least double by the Fall.
Posted by metallica81788
NO
Member since Sep 2008
10075 posts
Posted on 6/21/22 at 8:44 am to
Beanie Babies

Thousands of them

IYKYK
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 6/21/22 at 8:59 am to
I'm also long on the biotech sector and adding positions.

The sector has bottomed and turning bullish.

$XBI
$CRSP
$VEEV
$HALO
$VIR
This post was edited on 6/21/22 at 9:57 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 6/21/22 at 9:25 am to
added some more MARA.
Posted by WDE24
Member since Oct 2010
54838 posts
Posted on 6/21/22 at 9:27 am to
I bought some BA at 120. Mad I didn’t pull the trigger on getting more at 113.

Thinking about getting some 3M today.
Posted by SlidellCajun
Slidell la
Member since May 2019
16057 posts
Posted on 6/21/22 at 10:32 am to
I’m seeing signs of a bottom

I’ll let it bounce along for a bit but I’m looking to get the following

Costco
More Microsoft
Travellers
More Peabody
Amd
Tgt
Qqq
Spy
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11520 posts
Posted on 6/21/22 at 10:49 am to
TXTM announced a reverse merger with the world's largest hemp farm on Friday. It's a penny stock with a tiny market cap. It has tons of room to run.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 6/21/22 at 11:31 am to
Anyone buying emerging markets--specifically China?
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51572 posts
Posted on 6/21/22 at 11:34 am to
Probably adding to ASO and INTC here soon.

Intel has become super interesting with basically every government handing them money.
Posted by bluewing
south
Member since Jun 2013
157 posts
Posted on 6/21/22 at 11:37 am to
DAL
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 6/21/22 at 11:40 am to
quote:

DAL


Buying an airline stock as we move into a recession?Bold move.
Posted by skewbs
Member since Apr 2008
2195 posts
Posted on 6/21/22 at 1:03 pm to
quote:

AUPH seems like a no-brainer.


My questions are more out of curiosity, not trying to challenge you. But in this environment what is attractive about a pharma company with minimal revenue, negative EPS, and negative cash flow. Is this purely a play on potential?

Why is AUPH current market cap of $1.7B considered 'cheap'? AUPH has no P/E ratio but the Price to Sales (P/S) is almost 23. One positive is I can't find a lot of debt... maybe not looking hard enough
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2932 posts
Posted on 6/21/22 at 1:47 pm to
Closely watching SPYG and QQQ. Their top 10 holdings are almost identical and have been beat up. They have ticked up yesterday and today (so far). If down tomorrow, I'll I might start dollar cost averaging in.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19431 posts
Posted on 6/21/22 at 2:21 pm to
quote:

Buying an airline stock as we move into a recession?Bold move.

It depends on how long you plan on holding
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1584 posts
Posted on 6/21/22 at 4:07 pm to
ASTS
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1584 posts
Posted on 6/21/22 at 4:10 pm to
quote:

The sector has bottomed and turning bullish.

$XBI
$CRSP
$VEEV
$HALO
$VIR


$CRSP
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