Originally Posted by MTG#10:
BB hit my stop loss the day I bought it, thought about buying back in a couple times but I never pulled the trigger. At least it's a legit company, it may take a while but it will go up $20+ eventually no doubt about it.
Their earnings sucked and the stock dropped. [Reply]
MTG I am going to pay you a compliment (I may regret this).
You do at least have good instincts about selling. When you realize a stock has exploded you have no problem locking in realized gains and moving on. You don't come up with some inflated price target and hold for it. You seem to use stop losses to maintain profits. You also don't mind selling a dog for a loss so that money can be moved elsewhere for gains. I don't think you're technique is sound but what you are doing is clearly working for you. I mostly enjoy giving you shit. [Reply]
Around 2012 my sister in-law was talked into selling her 100+ shares of Amazon stock by a broker. They're worried about commission so take what advice they offer with a grain of salt. [Reply]
Originally Posted by Otter:
Around 2012 my sister in-law was talked into selling her 100+ shares of Amazon stock by a broker. They're worried about commission so take what advice they offer with a grain of salt.
His broker already advised him to sell his AMC and it hadn't even reached the $100,000 target yet. Some brokers are stuped. [Reply]
Originally Posted by scho63:
Didnt AMC go up like 300% before you bought it? :-)
Stocks can go higher than a 50% gain.
I wasn't trashing his post, just pointing out the explosion has already begun. I think SPCE will have a big setback but will go even higher afterwards.
And I originally bought into AMC when it was dropping back down after the late Jan pump. [Reply]
lew I don't really have a technique...I just scour the web searching for stocks with a ton of hype on multiple platforms then pick and choose the ones I feel have a legitimate shot to pump. Ive gotten pretty good at it and I'm right more often than not.
I recently was suckered on BB when I probably should have been paying more attention to CLOV, CLNE and WISH. I'm 90% sure BB was a hedgie trick to take attention from the others and AMC and I fell for it. But I do think it's a future $20+ stock despite their recent earnings. And scho thought they were just a cell phone company. [Reply]
