The power of averaging up. Many folks double down when a stock crashed on them they find a reason to buy more. I try not to. I stay angry. A much better tact is to have a name you believe in-- there's that belief again-- and when that name pulls after advancing you buy more on the way up. That's how you turn around and have a shit tone of gains in a great investment. What's to stop you just ruining your cost basis and throwing good money after bad as a stk turns over and dives? That's a good question. A) A certain amount of luck B) Some thesis of your bigger picture is at play. I did this with Boeing years ago and it went bad on me. I ended up with too much of down name... but even then if I had held we would be nicely up. Have the right idea first and then support it as pull- ins do happen and it doesn't mean the run is over. Unless it's over. BE-> Brought to ET at $11 // Then $14 // Then $24 GBA--> $11----------->$45 GBA--> $14-------->$45 GBA --->$24------->$45 VPL/VPL/VPL/VPL/VPL/VPL/VPL/VPL/VPL/VPL/VPL/ What is my Bloom to kick off the new thread? We need names. A name we can really back. Or just a bunch of short ideas. I don't really know. My wife got me the Benjamin Graham book. Maybe I could riff of that. At first I was insulted.
I noticed, if only I had the confidence to put more money in, but it was a good pick! I bought in at 1.86 sold half when it hit 100%, plan to let the rest ride.
Stoney!!! There's an art associated with catching a falling knife. It's a feel, I can't quantify it... but it's like when I called out FTNT at $70...results being .... the children are up HUGE. TTD is a great stock... but your post above has inflicted serious damage to our "unenlightened" children that depend on you and I. Losing 10% in in two days is unacceptable for GBA readers. FTNT has bounced that much since I told the children to go all in the morning it took out $80 and dipped below $70... but that takes skill and market savant abilities you don't possess. TTD may bounce soon... but your timing (and by years of experience as these things go that can't be quantified).... sucks. You've blown it on BTC. the S&P, the Q's..... I don't know if you are letting political leanings influence your posts.... but that is bad juju with regards to our readership base. I mean perhaps it's time to see the light and stay in the only lane you have somewhat impressed us with... biotech. Because for real bro... your overall market timing/prowess/grasp of the bigger pic.... have performed horrifically. The S&P is up 400 points since your last doom and gloom post. Fwiw. Admit (eat) this failure in our teamwork thread here, and you'll regain a little street-cred. Because your last 3 months have really trashed the GBA name that I have worked so hard to help you build. And I'm not happy about it. Our most recent case in point: TTD--->$50.76
SOFI you dope. It's just getting started. Albeit already up nearly 50% from my $17 shout out. What was it I said? "The next HOOD." SOFI is going north of $30 soon enough. The children love it. They aren't selling.
Hey fface I am in Lexington. I’ll be by to foreclose on your single-wide. Please start packing your sht in trash bags.
“ Ghetto grammar. “You and me” You called exactly shit at 70. You told ppl to buy at 80 then told us your gf in Canada bot at 72. Sketchy fraudster.
Thank goodness for the linebacker in 7C My kid flies on Sunday. I am so sad. He is taking Orbit his cat with him. Orbit has been making my life a little better without Bacchus we have been building up our trust and finally now and then he will jump up in the bed and say hello. Now it will be just me & my thoughts... not good/
KY? My wife has a friend down there. Difficult state to go through a divorce and force daddy to breath into a alcohol test machine.