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RKT bag holders - you still in long term?

Posted on 11/23/20 at 4:06 pm
Posted by thelawnwranglers
Member since Sep 2007
38830 posts
Posted on 11/23/20 at 4:06 pm
I don't get price action.

I keep thinking as soon as expiration date for employees to sale it will take off

I wish I know how much on the billion buy back they used

Also love the fantasy that Buffett is secretly building position
Posted by Pendulum
Member since Jan 2009
7060 posts
Posted on 11/23/20 at 4:21 pm to
I'm officially priced in at 20.98 so not exactly bag holding but yes. I don't think we are looking at many pops coming, my feelings on this stock has always been that the floor is right there no matter what, because they basically can print money, and are sitting at a P/E of 10. I think the biggest problem this stock has is the high flying growth stocks are still flying so why park your car here. I don't see much risk, but with that, comes reduced upside.

Posted by FLObserver
Jacksonville
Member since Nov 2005
14497 posts
Posted on 11/24/20 at 4:23 am to
No worries they are waiting for me to sell my shares that i have at 21. Once i sell for a loss then the stock pops at least 4 bucks . I dont get this stock the company cant process new mortgages fast enough with so many people trying to refi and all and yet the stock does nothing.
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 12/9/20 at 12:31 pm to
I started accumulating a couple of weeks ago. Looks like it’s making a move, up 6.5% so far today.
Posted by LSUneaux
NOLA
Member since Mar 2014
4495 posts
Posted on 1/26/21 at 12:03 am to
Nice recovery today. Lockup period ends next week. A lot of people are bullish about RKT.
Posted by Me Bite
A.K.A. - Bite Me
Member since Oct 2007
7148 posts
Posted on 1/26/21 at 8:00 am to
I bought in too high, waiting to break even and dumping.
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