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Started By
Message
RKT bag holders - you still in long term?
Posted on 11/23/20 at 4:06 pm
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
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 on 11/23/20 at 4:21 pm to thelawnwranglers
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 on 11/23/20 at 4:27 pm to Pendulum
My only fear is does this price action mean I have risk built in I don't see
I have Arkq that is 10% Tesla but I feel better about cash cow RKT then Tesla
I guess might not have the right mind set. I am overweight in position 20% on individual account
That said pretty tech heavy in 401k so think it is okay
I keep watching for what do they do with cash - I liked buyback but will be curious of they have expansion opportunities or going to dividend it back
I have Arkq that is 10% Tesla but I feel better about cash cow RKT then Tesla
I guess might not have the right mind set. I am overweight in position 20% on individual account
That said pretty tech heavy in 401k so think it is okay
I keep watching for what do they do with cash - I liked buyback but will be curious of they have expansion opportunities or going to dividend it back
This post was edited on 11/23/20 at 4:28 pm
Posted on 11/23/20 at 4:49 pm to thelawnwranglers
I bought in pretty large around 27.50. I’ve brought my cost basis down to about 24 selling covered calls. I don’t get the price action either. I plan to get out when I get a little closer to even. There is too much money to be made elsewhere.
Posted on 11/23/20 at 5:15 pm to PillPusher
quote:
selling covered calls.
I was thinking about this
Seems like a good stock to do it for
Posted on 11/24/20 at 4:23 am to thelawnwranglers
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 on 12/1/20 at 7:01 am to FLObserver
Getting ready to run a little?
Posted on 12/1/20 at 7:19 am to FLObserver
Some of the bear warnings were that they had exposure to too much forbearance and foreclosure down in the mix due to the pandemic, lock-downs, unemployment and businesses folding.
That should make RKT a good long, post covid play.
That should make RKT a good long, post covid play.
Posted on 12/1/20 at 10:52 am to Auburn1968
I sold my shares . I used the money to buy other stocks. This Seems to be stuck in the mud. If it starts an upward trend then may buy back. Right now seems to be dead money.
Posted on 12/1/20 at 10:59 am to FLObserver
I'm long on RKT. The business is just so solid. I see it at 32 by summer of 2021.
Posted on 12/9/20 at 12:31 pm to thelawnwranglers
I started accumulating a couple of weeks ago. Looks like it’s making a move, up 6.5% so far today.
Posted on 1/26/21 at 12:03 am to thelawnwranglers
Nice recovery today. Lockup period ends next week. A lot of people are bullish about RKT.
Posted on 1/26/21 at 8:00 am to thelawnwranglers
I bought in too high, waiting to break even and dumping.
Posted on 1/26/21 at 8:01 am to LSUneaux
quote:
Nice recovery today. Lockup period ends next week. A lot of people are bullish about RKT.
Lock up period we expect more shares on market and price drop?
Posted on 1/26/21 at 8:02 am to thelawnwranglers
If wallstreetbets pumps it what's your exit?
Posted on 1/27/21 at 11:48 pm to thelawnwranglers
RKT action up 10% most of the day closed 1% up
Stock feels like it is manipulated
Stock feels like it is manipulated
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