Originally Posted by MTG#10: UWMC as well. Fundamentally its a great company with great earnings and is the biggest wholesale mortgage lender in the US, but its still getting hammered by shorts. I'm down quite a bit but keep buying big dips, it's going to make me a lot of money once the market gets over that it started out as a SPAC.
Fubo was a short term play, the day after I mentioned it here it shot up 20% and I got out.
I bought it after you posted and it's been Red nearly every day. The stock is being manipulated- may be from a competitor? [Reply]
Originally Posted by Halfcan:
I bought it after you posted and it's been Red nearly every day. The stock is being manipulated- may be from a competitor?
Oh it's very heavily manipulated, that's why I keep buying more. Im up to 425 shares now. Virtually every stock "expert" has it as a buy with a target price between $12-17. Missing the Russell Index based on a misunderstanding hurt them, but they should easily make it in May and if/when they do look out. [Reply]
Originally Posted by scho63:
Im liking APHA now, the pot stock.
I'm down pretty big on it too, bought in way too high in Feb. I've been holding out for the merger hoping that'd get it up enough for me to at least break even (18.98) but I'll probably be bagholding for a year. [Reply]
Originally Posted by RunKC:
My worst move of the year was NIO. I was going to add to my position in Microsoft but put it in NIO
Ugh I’m holding but this sucks. I bought in at 52. Yikes
I sold mine a couple weeks ago it was losing traction plus with them shutting down production because of the semiconductor shortage I threw in the towel and I used some of it to buy more MSFT. [Reply]
Man, what do you guys think? Is this a dip or the (growth stocks) market settling back down to where it should be after getting too pumped from September through January. Mostly everything that was the buzz then is now down 30-50% Which ones do you guys think will rebound and which will just go away? What about Palantir? CCIV? [Reply]
Originally Posted by TinyEvel:
Man, what do you guys think? Is this a dip or the (growth stocks) market settling back down to where it should be after getting too pumped from September through January. Mostly everything that was the buzz then is now down 30-50% Which ones do you guys think will rebound and which will just go away? What about Palantir? CCIV?
Pulled this comment from a site and it's exactly what's happening, IT IS the only explanation, if you sell out now they win..........
"hedge funds have basically shorted the entire market to squeeze the juice out of the retail investor pool. And magically the following quarter the stocks you sold will go back to where they belong. It's a despicable rigged game. "
I wonder if the GME squeeze pissed them off?? LOL [Reply]