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re: Stocks on your watch list

Posted on 9/22/20 at 9:28 am to
Posted by el Gaucho
He/They
Member since Dec 2010
53075 posts
Posted on 9/22/20 at 9:28 am to
I know y’all are ignoring me because I dabbed on y’all but GameStop was up 22% this morning
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/22/20 at 9:33 am to
Good call. I will have to go read about it. I don't have any more money to invest though.
Posted by el Gaucho
He/They
Member since Dec 2010
53075 posts
Posted on 9/22/20 at 9:34 am to
I sold for a couple ps5s worth of profit

Itll dip back red today and I’ll buy back in
Posted by MrJimBeam
Member since Apr 2009
12329 posts
Posted on 9/22/20 at 9:35 am to
Yeah I'm limited right now as well but definitely a good call. Was even up 26% at one point this morning.
Posted by rintintin
Life is Life
Member since Nov 2008
16186 posts
Posted on 9/22/20 at 9:36 am to
ROKU and PINS hitting all time highs today.

I already have large relative positions in these but both of their potential has me wanting to add more. It's hard for me to imagine they both aren't way higher in 3-5 years barring something horribly gone wrong with their business.
Posted by MrJimBeam
Member since Apr 2009
12329 posts
Posted on 9/22/20 at 9:41 am to
Yeah I think my next dump will be into another position in PINS and a little more ROKU, but I'm not sure if right now would be the best time

But I really don't know what I'm talking about, so there's that
Posted by Eric Nies Grind Time
Atlanta GA - ITP
Member since Sep 2012
24937 posts
Posted on 9/22/20 at 9:45 am to
Sold Roku at 190. Would not be shocked if it kept going up but not going to complain about 30% profit.

Hoping PINS can hit 40+ this week.
Posted by rintintin
Life is Life
Member since Nov 2008
16186 posts
Posted on 9/22/20 at 10:08 am to
Both are long term holds for me. IMO these aren't trading stocks. I'm buying them for their business.

If either goes down in the short term I'm buying more.
Posted by Purpleblooded
Member since Dec 2019
580 posts
Posted on 9/22/20 at 10:41 am to
If you had $300 to drop on a stock what would you get?
Posted by rintintin
Life is Life
Member since Nov 2008
16186 posts
Posted on 9/22/20 at 10:42 am to
$300?

What's your goal?
Posted by Purpleblooded
Member since Dec 2019
580 posts
Posted on 9/22/20 at 10:45 am to
Just throwing that number out there. Make money and dabble in the market learning.
Posted by cgrand
HAMMOND
Member since Oct 2009
38854 posts
Posted on 9/22/20 at 10:59 am to
quote:

If either goes down in the short term I'm buying more.

when, not if
one day/one week/one month means nothing
I’m with you I think both ROKU and PINS will be mega gainers, not because they are up today but because they are good businesses with good product to sell
Posted by Goldberg7
Member since Dec 2016
57 posts
Posted on 9/22/20 at 11:07 am to
DOCU setting up nicely.
Posted by cgrand
HAMMOND
Member since Oct 2009
38854 posts
Posted on 9/22/20 at 11:10 am to
delta between LVGO & TDOC implied price is down to a dollar. i dont expect even that to last much longer as 3Q earnings and the merger approaches
Posted by rintintin
Life is Life
Member since Nov 2008
16186 posts
Posted on 9/22/20 at 11:57 am to
Just depends on what you want to do.

If you want to invest in a good business long term with potential for high growth I'd put it in one of those companies I named.

If you want to day trade I'd be the last one to get advice from.
Posted by DomincDecoco
of no fixed abode
Member since Oct 2018
10893 posts
Posted on 9/22/20 at 12:16 pm to
quote:

delta between LVGO & TDOC implied price is down to a dollar. i dont expect even that to last much longer as 3Q earnings and the merger approaches


you have an exit point in mind where it climbs to?
Posted by cgrand
HAMMOND
Member since Oct 2009
38854 posts
Posted on 9/22/20 at 12:29 pm to
quote:

you have an exit point in mind

not going to exit before the merger
quote:

where it climbs to?

TDOC at 250 implies LVGO at 159. i have a cost basis in LVGO at 102. those LVGO shares will be redeemed for TDOC (102 buys shares worth 148) plus 11.33 in cash per share

or i can sell my LVGO before the merger at 40% profit.
i think that will be a good problem to have
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 9/22/20 at 12:46 pm to
Today just seems like a big trap
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 9/22/20 at 1:01 pm to
Tuesday delivering again.
Posted by cgrand
HAMMOND
Member since Oct 2009
38854 posts
Posted on 9/22/20 at 1:44 pm to
all time highs:
ROKU
NVTA
PINS

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