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Started By
Message
WKHS poppin today!
Posted on 4/16/21 at 10:00 am
Posted on 4/16/21 at 10:00 am
Turn up !! Bout to cop that AP black panther watch
This post was edited on 4/16/21 at 10:01 am
3
Posted on 4/16/21 at 10:38 am to nwatito
Actually bought some at 14ish.
Posted on 4/16/21 at 10:44 am to nwatito
COOL JUST NEED IT TO DOUBLE NOW FOR ME TO BREAKEVEN 
Posted on 4/16/21 at 11:12 am to AndyJ
I'm somewhat of a fricking idiot myself
Posted on 4/16/21 at 11:52 am to Boh
Posted on 4/16/21 at 12:14 pm to Chucktown_Badger
Mama Kathy bought some more too!!
Posted on 4/16/21 at 1:08 pm to nwatito
quote:
WKHS poppin today
New analyst initiated coverage with a 'buy' rating and $20 price target. I'll take it. That would get me very close to recouping all of my unrealized losses.
Posted on 4/16/21 at 3:08 pm to skewbs
If you recoup your losses will you sell or take ATs advice to GL?
Posted on 4/16/21 at 8:47 pm to PetroBabich
quote:
f you recoup your losses will you sell or take ATs advice to GL?
As soon as it hits $21 I’m jumping ship. I bought more at 11 to try to average down a bit more so I can freaking sell quicker. I’m ready for WKHS to be in the rear view.
Posted on 4/16/21 at 9:56 pm to supadave3
quote:
average down
Quite possibly the worst phrase in investing.
You buy a stock because it’s the best use of your available capital, not to lower your break even after a failed entry point.
However much money you have in WKHS, every day you leave it is you implicitly saying this is the best thing you can do with your money. Don’t get caught in that sunk cost fallacy game.
Eta- sorry for the rant, I just don’t understand the concept and see it all the time.
This post was edited on 4/16/21 at 10:08 pm
Posted on 4/16/21 at 10:27 pm to supadave3
quote:
I’m ready for WKHS to be in the rear view.
I used this little run to finish dumping what was remaining of WKHS in my portfolio.
It may end up being a great hold for the long run but I’m parking my money (the remains of the original WKHS investment) in VOO.
Best of luck.
Posted on 4/18/21 at 6:53 pm to stewie
Interestingly WKHS had a pretty good financial report.
I was in and out of it a few times, but the last time in was painful!
I was in and out of it a few times, but the last time in was painful!
Posted on 4/18/21 at 8:57 pm to slackster
Averaging down makes perfect sense if you are long a company but the price drops from your entry point. If you think it’s going to zero you would never buy more. Buying more when it drops significantly implies you think it will rise from that point but you can also recoup all costs at a lower price per share. It’s a defensive strategy but also preserves your ability to profit in the future. You give some really awful advice.
This post was edited on 4/18/21 at 9:00 pm
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