Well bitten by Covid19 stocks on the rise

Discussion in 'Stocks' started by 1957may10, May 26, 2020.

  1. I was talking about 80-90%% degraded by virus impacted stocks to buy all the time.
    CCL $7.8 now $16.2 holding it.
    M $4.38 now $5.86 holding it.
    KSS $10.89 now 19.39 sold at 18.99 today
    TJX $32.73 now $55.17 speculated multiple times.
    I did not buy it for minimum price but bought very close to minimum.
    NCLH, RCL I do not have them.
     
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  2. S2007S

    S2007S

    I have longs that I have been letting go of in fractions and every bit of what I sold has only gone up. But no worries as the next pull back most will be wishing they sold at these extreme conditions. Remember that the market is extremely overbought compared to the historical highs set just in February!!
     
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  3. Yeah, but not for these oversold bitten stocks. Btw you can sell them any time...
     
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  4. Trader Curt

    Trader Curt

    That isn't the last bite, just wait and see what happens when the second wave hits
     
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  5. I can sell them anytime :), make puts.
     
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  6. Trader Curt

    Trader Curt

    Good man!
     
    1957may10 likes this.
  7. You too ;)
     
    Trader Curt likes this.
  8. Sold tjx three times today.
    KSS sold to early.
     
  9. S2007S

    S2007S



    A second wave of the potential virus?

    If you get a second wave, forget it. An easy 20% pull back in a few weeks and then the fed will print another 1/2 of US gdp to stabilize the economy again and again
     
  10. A 2d wave if it occurrs is many months from now, why sit on the sidelines and wait when stocks bounced so hard off the lows. I am holding my long Coronoa long plays until the winter at least.

    if we get a sell off, I am backing up the truck.
     
    #10     May 26, 2020