Money Investing megathread extravaganza - Page 316

Originally Posted by wutamess:
NOPE! Losing my mind... For some reason I thought today was May 20 something.

I'm getting old in my COVID days.

Sent from my SM-G973U using Tapatalk

Today is May 20th.

(Play along with me, other posters. Let's see if we can get him to shoot off fireworks in June.)
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Originally Posted by lewdog:
I’m
Ready.

I’ve been shorting IBIO every time clay posts about that shit company.

It looks like MRNA is leading the charge for the vaccine.
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And here comes IBIO

BREAKING: Based on early positive results in trials of Remdesivir, NY will begin administering the drug to 2900 covid patients in 15 hospitals throughout state.

Add'l doses coming next week for 500 more patients, including children.

This anti-viral is believe to speed recovery.
— Mark D. Levine (@MarkLevineNYC) May 10, 2020

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Originally Posted by Hammock Parties:
And here comes IBIO

BREAKING: Based on early positive results in trials of Remdesivir, NY will begin administering the drug to 2900 covid patients in 15 hospitals throughout state.

Add'l doses coming next week for 500 more patients, including children.

This anti-viral is believe to speed recovery.
— Mark D. Levine (@MarkLevineNYC) May 10, 2020

Oh man, I can’t wait to see it rocket up to $1.20!
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This just in. NY Post reporting 2900 people have died from vaccine shots...
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Originally Posted by RubberSponge:
Made a note to buy NAIL at 6 a few days back. Finally got around to it at 6.90. Looks like it has huge gap to fill. Even if it get back to 20 the money made will worth it.

Just looking for some opinions on what any one of you millionaires would do.

Closed on Friday just over 20. Do you sell, sell and reposition, or hold?
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Originally Posted by RubberSponge:
Just looking for some opinions on what any one of you millionaires would do.

Closed on Friday just over 20. Do you sell, sell and reposition, or hold?

I would be glad to answer but Im a Billionaire.....not a millionaire

:-)
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Originally Posted by RubberSponge:
Just looking for some opinions on what any one of you millionaires would do.

Closed on Friday just over 20. Do you sell, sell and reposition, or hold?

Trailing stop loss until you decide on another play?
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Originally Posted by RubberSponge:
Just looking for some opinions on what any one of you millionaires would do.

Closed on Friday just over 20. Do you sell, sell and reposition, or hold?

Sell enough to cover your original investment, and let the rest ride?
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Originally Posted by Munson:
Sell enough to cover your original investment, and let the rest ride?

That's generally what I like to do. It guarantees that you won't lose money.

If he's tripled his money, I'd even consider selling 2/3rds of it to guarantee doubling my money.
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Originally Posted by jdubya:
I would be glad to answer but Im a Billionaire.....not a millionaire

:-)

We always knew you would make it. Have you been requesting others to address you as "big time" now? if not, I highly recommend it. It will definitely set you above the pack.
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Originally Posted by RubberSponge:
Just looking for some opinions on what any one of you millionaires would do.

Closed on Friday just over 20. Do you sell, sell and reposition, or hold?

Write some calls against your position and buy some puts to lock you in if you are considering selling. Otherwise let it ride or sell out altogether.
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Originally Posted by lewdog:
Trailing stop loss until you decide on another play?

Are you worried about another downturn fairly soon? Any ideas on another play? I can't help but think this has more room to run tbh.

Originally Posted by Munson:
Sell enough to cover your original investment, and let the rest ride?

Originally Posted by Rain Man:
That's generally what I like to do. It guarantees that you won't lose money.

If he's tripled his money, I'd even consider selling 2/3rds of it to guarantee doubling my money.

What do you do with the original investment? Surely you don't just let it sit and make no money?
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Originally Posted by petegz28:
Write some calls against your position and buy some puts to lock you in if you are considering selling. Otherwise let it ride or sell out altogether.

I am really down with a pigs go to slaughter approach on this through the year.

I don't see any real need to sell out. With the markets ability to rebound from COVID and NAIL being at over 90some in late Feb. all the way down to 6 in Mar. My greed can't help but let me think that it could be 60 in Oct.
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Originally Posted by RubberSponge:
Are you worried about another downturn fairly soon? Any ideas on another play? I can't help but think this has more room to run tbh.

What do you do with the original investment? Surely you don't just let it sit and make no money?

I’m just saying why cap the ceiling on profit unless you believe it’s topped out? Follow with a trailing stop loss so you can obtain more profits (sell when it’s really over valued) but also set a floor to maintain most of your profits to this point if the market turns.
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