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re: FB, SE, ROKU, SQ, PYPL

Posted on 3/7/22 at 8:53 pm to
Posted by skewbs
Member since Apr 2008
2136 posts
Posted on 3/7/22 at 8:53 pm to
quote:

I know that your beloved Facebook is down 50 percent from it's 52 week high


You’re a clown. I’m sure you already know that, but it’s still funny. I bought FB for the very FIRST TIME today at 188.9. I’ve never owned it before.
Posted by Boomer Rick
Member since Apr 2021
252 posts
Posted on 3/7/22 at 9:02 pm to
It’s a trap.
Posted by Triple Bogey
19th Green
Member since May 2017
6188 posts
Posted on 3/10/22 at 5:03 pm to
quote:

Define demolished? Guidance says revenue will grow between 3-11% in the current quarter.


Any reduction in active users and they are fricked. Which only goes to tell why they're trying to pivot their entire business into Meta. They know that they have run out of growth and are dying a slow death with just social media at the core of the business.

Believe what y'all want.
Posted by TigeRoots
Member since Oct 2008
8534 posts
Posted on 3/10/22 at 5:36 pm to
quote:

I’ve lost so most on SE. not sure what to do with this one


Same. Buy more or just ride with what I've got. Not selling and taking a 65% loss or whatever.
Posted by Civildawg
Member since May 2012
9758 posts
Posted on 3/10/22 at 5:41 pm to
Sold and took a 67% lost and threw the remaining in NVDA. Sucks but I sold it and FSLY for big losses
Posted by skewbs
Member since Apr 2008
2136 posts
Posted on 3/10/22 at 5:56 pm to
quote:

sold it and FSLY for big losses


FSLY is currently my biggest loser. I’m down 41% on ~ 6K. I’m really torn between bailing or doing the opposite, buying another big chunk at these all time lows to get my per share avg down around the low-to-mid 20’s. This decision is giving me anxiety.

The company isn’t going anywhere. A buyout would have me jumping for joy.
Posted by TigeRoots
Member since Oct 2008
8534 posts
Posted on 3/10/22 at 6:27 pm to
Sheesh, yeah love NVDA. shite, I might go ahead and cut losses on SE also, down 68%, $4,200.
Posted by supadave3
Houston, TX
Member since Dec 2005
31140 posts
Posted on 3/10/22 at 6:45 pm to
quote:

cut losses on SE also, down 68%, $4,200.


I’ve had to eat the shite sandwich with ya’ll. I bought from $135-$320 in 10% increments. My average is $223. So yeah, this sucks badly.

I sold 20% earlier in the week at these horrendous prices. I have to make a decision on the rest. It’s been an expensive bad decision to be way overloaded on SE and SLI. Luckily, I sold some SLI at the right time and was in at a nice price but not at all with SE.
Posted by TigeRoots
Member since Oct 2008
8534 posts
Posted on 3/10/22 at 6:51 pm to
Yeah, luckily I did really well on SLI and got out at the right time. SE and DKNG still holding big bags.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 3/10/22 at 7:13 pm to
quote:

FB, SE, ROKU, SQ, PYPL

Lawd has anyone looked at these lately?

Are any of these a buy again?


Finally dumped the perennial dog with fleas, FSLY, after a short options play went bad and getting assigned, I have a 2x1 jade lizard on FB (naked short put at 175) and short call spreads on SQ with a 122 short strike.

But no, I don’t have any pure longs on any of those. May do some day trades on DOCU tomorrow though. Would exit longs and/or shorts and finish the day flat..
Posted by skewbs
Member since Apr 2008
2136 posts
Posted on 3/10/22 at 7:18 pm to
quote:

DKNG still holding big bags.


DKNG will be back. If you’re per share cost basis is anything under $30 I would consider holding, or even adding under $17.

DKNG is one of my larger individual stock holdings and I’ve reduced my avg cost per share to $22.6. Not panicking.
Posted by TigeRoots
Member since Oct 2008
8534 posts
Posted on 3/10/22 at 8:35 pm to
Yep, bought it with conviction and holding. Much more familiar with it personally than SE, haha.
Posted by STLhog
Nashville, TN
Member since Jan 2015
18107 posts
Posted on 3/11/22 at 8:11 am to
What makes yall this convicted on DKNG?
Posted by slackster
Houston
Member since Mar 2009
89755 posts
Posted on 3/11/22 at 8:33 am to
quote:

What makes yall this convicted on DKNG?


They’re giving DKNG money every day in the app so they might as well own the stock.
Posted by skewbs
Member since Apr 2008
2136 posts
Posted on 3/11/22 at 8:37 am to
quote:

What makes yall this convicted on DKNG?


Providing a proper response would take time thag I don’t have right now (work). The online gaming market, including sports gambling which they specialize in, is growing rapidly. It’s also cut-throat and there a lot of competition. They’re a first mover in a lot of markets (ex. new states relaxing rules) and seeing great growth as a company. But the growth is coming at a near term significant cost (advertising / marketing fees are killing them in the first year or two in a new market - they have to fight for customers).

Once they’ve been in market for a while they reach profitability. It’s a long game I’m betting on. Once they have more and more mature markets under their belt they should be showing not only revenue growth but profit / net income growth. When that happens… look out.
Posted by STLhog
Nashville, TN
Member since Jan 2015
18107 posts
Posted on 3/24/22 at 10:28 am to
FB.....
Posted by skewbs
Member since Apr 2008
2136 posts
Posted on 3/24/22 at 10:44 am to
My $188 buy is looking spicy
Posted by FLObserver
Jacksonville
Member since Nov 2005
15219 posts
Posted on 3/24/22 at 10:46 am to
Done with Asian Stocks. Sold out of JD earlier this week. SE, baba, JD etc... Just done. I'll stick to losing money with American companies
Posted by STLhog
Nashville, TN
Member since Jan 2015
18107 posts
Posted on 3/24/22 at 12:22 pm to
187 here.

thanks Slackster
Posted by slackster
Houston
Member since Mar 2009
89755 posts
Posted on 3/24/22 at 1:59 pm to
I’m glad at least one person is up on FB.
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