Originally Posted by MTG#10:
If there's anyone who's still skeptical about AMC check this out. I'm perfectly comfortable adding shares at these prices.
Anyone in on cruise stocks for recovery? They're gearing up to sail soon but Royal Caribbean just had a pretty major setback with several crew members testing positive for COVID.
I'm thinking those are stocks you just park some cash in for the long haul. I feel like they'll bounce back in a major way. [Reply]
Originally Posted by lewdog:
DRVN next target. Breakout 30.76.
Originally Posted by neech:
Thanks Lewdog.
This never confirmed breakout. I hope you can see when I set a buy price target that I am only looking to buy if some momentum is noted. Many on my list from the weekend never confirmed either as the market this week has been relatively flat.
I also found a screener for pullback stocks. These are stocks that breakout but then sell off shortly after back to the pivot. These can be low risk entries that have potential to move back up. I will start posting some of these when I find them too. [Reply]
Originally Posted by ThaVirus:
Anyone in on cruise stocks for recovery? They're gearing up to sail soon but Royal Caribbean just had a pretty major setback with several crew members testing positive for COVID.
I'm thinking those are stocks you just park some cash in for the long haul. I feel like they'll bounce back in a major way.
I've held cruise stocks the whole time. I was in them pretty heavy when it hit, so I lost a ton of money and then held them in the hopes that they wouldn't go bankrupt and would eventually recover. I'm more or less back to breakeven now, so I'm proud of my iron will.
I'm not sure how much more they'll go up, though, because I figure they're still going to be less profitable companies for a while after recovery. But maybe if they reinstate their dividends at some point we'll see a boost. [Reply]
Originally Posted by lewdog:
This never confirmed breakout. I hope you can see when I set a buy price target that I am only looking to buy if some momentum is noted. Many on my list from the weekend never confirmed either as the market this week has been relatively flat.
I also found a screener for pullback stocks. These are stocks that breakout but then sell off shortly after back to the pivot. These can be low risk entries that have potential to move back up. I will start posting some of these when I find them too.
I understand the fundamental of the strategy lewdog. In hindsight I should’ve waited to purchase stocks until after the Fed guru has his say about the economy and interest rates. Not quite a normal week for stocks. [Reply]
Originally Posted by MTG#10:
VYGVF closed under $16. If this wasn't an OTC stock I'd be very tempted to dump a substantial amount of $ into it but it was under $5 less than 6 months ago. Plus Hog hasn't done a very good job selling it to me.
6 months ago they were just getting started and didn't have the revenue.
Bought 50 more shares yesterday.
4 analysts on my etrade account have price targets of 23/25/32/45 [Reply]
Originally Posted by ThaVirus:
Anyone in on cruise stocks for recovery? They're gearing up to sail soon but Royal Caribbean just had a pretty major setback with several crew members testing positive for COVID.
I'm thinking those are stocks you just park some cash in for the long haul. I feel like they'll bounce back in a major way.
Wonder if they were vaccinated, if not that's pretty messed up.