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re: Did Reddit get ahold of ZOM or something?

Posted on 4/5/21 at 10:35 pm to
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
62916 posts
Posted on 4/5/21 at 10:35 pm to
quote:

If I learned anything from the past few months on this board, I’m going to stick to my S+P 500 Index Fund and sleep easy. Not saying that’s the best route for everyone, but I don’t know near enough to do better in the long run and I’m sure as shite not paying some huckster schmuck a fee to give it a shot.


Index funds outperformed mutual funds over the last 10 years. Personally I'm just throwing money at moon shots, otherwise i don't know enough to NOT stick my money into an index fund.

The average return was %7 or something like that over the last 10 years.
This post was edited on 4/5/21 at 10:47 pm
Posted by slackster
Houston
Member since Mar 2009
89433 posts
Posted on 4/6/21 at 6:24 am to
quote:

I think you’re confused. So the ARK ETF’s track an index? Come on man. Rethink your logic here or read up on the difference between ETFs (both active and passive) and Index Funds. I did concede your comment about the index funds being passive and it not being good or bad for ZOM was a legit point.


Sigh.

There are a handful of active ETFs, yes, but the vast majority are passive index ETFs. I’m well aware of how passive and active ETFs work. Ark funds don’t own ZOM, by the way. There are 4 ETFs with ZOM in it, and 3 of them are passive. The only active ETF owns less than $30k of ZOM.
Posted by novowels
Baton Rouge
Member since Jan 2008
2405 posts
Posted on 4/6/21 at 7:28 am to
ZOM continues to get slaughtered in PM
Posted by supadave3
Houston, TX
Member since Dec 2005
31113 posts
Posted on 4/6/21 at 8:05 am to
So we riding this down to the bottoms or selling at $-? I think I’m selling at $1
Posted by slackster
Houston
Member since Mar 2009
89433 posts
Posted on 4/6/21 at 8:19 am to
quote:

ZOM continues to get slaughtered in PM


Christ.

No news for ZOM seems to mean terrible news for the stock lately. I’d assume people are just dumping the stock after the performance post launch hasn’t been what they expected.
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 4/6/21 at 8:22 am to
Goes back in 0.25 then time to buy
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 4/6/21 at 9:00 am to
AT has probably lost this board millions collectively.
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 4/6/21 at 9:23 am to
Guess it all depends in when you bought ZOM. I paid my house off when it hit 2.49 and if it gets back to close to 3.00, I'll have a bigger boat on order. My original investment was .27 though.
This post was edited on 4/6/21 at 9:26 am
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2889 posts
Posted on 4/6/21 at 9:31 am to
Yep. I sold twice for great gains. One sale I put all on Voyager, the other I spread over my bags.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 4/6/21 at 9:58 am to
yea i think if you got in early, youre still good, but i dont recall he ever told anyone to take profits

good on you for going against his advice and selling when you did
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
68803 posts
Posted on 4/6/21 at 10:19 am to
Averaged way down this morning. Can get out for awhile with the next bump.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 4/6/21 at 11:05 am to
20% swing since the bell. Such off movement with this stock
Posted by Who_Dat_Tiger
Member since Nov 2015
22227 posts
Posted on 4/6/21 at 11:42 am to
I swear it feels like the first time buying the dip paid off for me with ZOM.

It’s the only thing in my portfolio that’s deep red. It’s rebounded enough times to the $2 range though that I haven’t sold my shares yet, but next time it gets there I’m taking my small profit and going home
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