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The Gonzo Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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MTG#10 05:31 PM 07-21-2021
Originally Posted by lewdog:
Damn dude. What are some heavy down positions you have?
TLRY, UWMC, MMAT and COIN. That's all I am in at the moment besides AMC, and none are down more than 15%. All companies I believe in and have no doubt I'll make bank on them eventually.
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Halfcan 06:33 PM 07-21-2021
2 Grand Slam days in a row with 95% of my positions in the Green.

Can we finish the week strong?
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MTG#10 09:13 AM 07-22-2021
Originally Posted by Halfcan:
2 Grand Slam days in a row with 95% of my positions in the Green.

Can we finish the week strong?
Nope
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banyon 10:23 AM 07-22-2021
Originally Posted by MTG#10:
TLRY, UWMC, MMAT and COIN. That's all I am in at the moment besides AMC, and none are down more than 15%. All companies I believe in and have no doubt I'll make bank on them eventually.
You seem to be heavily into the MOMO stocks. Would recommend tight pattern based stops. I've had good success with this when I am disciplined about it.
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banyon 10:25 AM 07-22-2021
Bought some DPZ puts. this move is just silly.
Attached: dpz.JPG (89.9 KB) 
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scho63 10:26 AM 07-22-2021
Originally Posted by lewdog:
Of course not. Iím giving Hog shit because he tried calling me out for going 100% cash last week in my trading account. Thereís no need to bag hold in trading. Protecting capital is #1 so you can trade with momentum.

In more passive accounts Iíll absolutely add to positions and ride them down quite a bit more without selling.

Itís ok to treat different accountsÖ..differently.
Excellent post! :-)
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scho63 10:27 AM 07-22-2021
Lewdog, how did you wind up with APPL? Still holding any? Had a great run from $125
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Buehler445 10:47 AM 07-22-2021
Originally Posted by banyon:
Bought some DPZ puts. this move is just silly.
Prolly Smart. But it could keep going.

Y'all need to check out coffee futures. Also weird shit.
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Hammock Parties 10:49 AM 07-22-2021
Should I be concerned about CCIV trying to get enough votes on prop 2 (increasing the number of available shares) to confirm the merger with LUCID?

A bunch of idiots voted no on prop 2 and it's holding shit up. People are panicking.

They can always hold another vote, right?
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KChiefs1 11:25 AM 07-22-2021
Iím thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
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eDave 11:35 AM 07-22-2021
A lot of BTC investors borrow against their 401K's.
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Buehler445 11:36 AM 07-22-2021
Originally Posted by KChiefs1:
Iím thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
Donít do that.
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banyon 11:48 AM 07-22-2021
Originally Posted by KChiefs1:
Iím thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
Yes. MOMO is over, IMO
Attached: AMC.JPG (62.1 KB) 
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banyon 11:51 AM 07-22-2021
Originally Posted by Buehler445:
Prolly Smart. But it could keep going.

Y'all need to check out coffee futures. Also weird shit.
Yeah that's why I chose puts over direct shorting.:-)
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MTG#10 12:04 PM 07-22-2021
Originally Posted by KChiefs1:
I’m thinking of taking out a low interest loan(0.9%) & investing it in AMC.

Am I nuts?
As confident as I am on it going parabolic I still wouldn't borrow money to put on it. Never invest anything you can't afford to lose.
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