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Old 7 February 2020, 10:00 AM   #1411
austinp
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Any buyers of TSLA at these levels for a long term hold? I wish I got on it earlier.

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Old 7 February 2020, 11:25 AM   #1412
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Any buyers of TSLA at these levels for a long term hold? I wish I got on it earlier.

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Not me. I am waiting for a second run up and will be shorting.


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Old 7 February 2020, 01:46 PM   #1413
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Any buyers of TSLA at these levels for a long term hold? I wish I got on it earlier.

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No way their product and productivity can support their current price.

I wish I bought earlier too. Ironically some folks of TRF lambasted me months ago for suggesting it.

But if I had it today, I’d be selling. For certain. And I’d be thrilled.
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Old 7 February 2020, 11:39 PM   #1414
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I actually put in a short order on it Tuesday and cancelled it before it got filled. If it had gotten filled, I would likely have sold it at the peak that day to cut my losses (I am a real scaredy-cat when it comes to shorting) however it hindsight if I had kept the short until yesterday's close, I would have made enough (pre-tax) to buy a new watch. You know, a little watch, like an OP.

No way am I going long on TSLA unless it's a day trade. And even then, it's really like gambling.
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Old 8 February 2020, 03:09 AM   #1415
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It gets better... beyond meat is on steroids today. I love this forum:)
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Old 8 February 2020, 03:13 AM   #1416
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Hoping BMS hits 70 in the upcoming months. That would be a nice cash out.

Have some separate units underwater and need them to hit 78 which would be an all-time high by year end -- not looking good for those.
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Old 11 February 2020, 02:56 AM   #1417
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Beyond meat is doing a Tesla run;) Lol .... I’m loving this stocks:)
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Old 11 February 2020, 10:33 AM   #1418
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Take a look at PENN. I picked a little up last week the day after the Barstool purchase. Been great so far.

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Old 11 February 2020, 11:04 PM   #1419
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Thanks for the heads-up;) seems like a winner!
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Old 20 February 2020, 07:14 AM   #1420
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Wow. What a beautiful day;) until that crazy stock hrtx went kaboom. Lol
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Old 20 February 2020, 08:02 AM   #1421
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I wonder what happened? Could just be one fella closing out his position right at the close though...
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Old 21 February 2020, 12:02 AM   #1422
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OK, I looked it up. Surprised that Larry hasn't chimed in (he must be busy).

Apparently the FDA has delayed the final review results on HRTX's new drug for 3 months, until June. That doesn't mean that they won't approve it or that they're having trouble or really anything else than they need more time. For all we know, the project manager is out on maternity leave.

So the stock took a little dip after hours.

I suggest watching it and looking for a good entry point.

Of course, before doing that you should review this thread for my past suggestions and note that I am almost always very consistently wrong.
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Old 21 February 2020, 12:05 AM   #1423
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Mjb I like your insight and sense of humor:) your parents must be so proud of you:) yes on the entry point will do.
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Old 21 February 2020, 12:26 AM   #1424
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Apparently the FDA has delayed the final review results on HRTX's new drug for 3 months, until June. That doesn't mean that they won't approve it or that they're having trouble or really anything else than they need more time. For all we know, the project manager is out on maternity leave.

So the stock took a little dip after hours.
Yup, saw that... FDA related
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Old 22 February 2020, 02:37 AM   #1425
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So the stock took a little dip after hours.

I suggest watching it and looking for a good entry point.
See? You snooze, you lose.

Great to see it up so much on a down day (for the rest of the market).
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Old 25 February 2020, 12:30 AM   #1426
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Today is the day! Stocks is going to be so crazy this week. Buy buy buy I guess;)
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Old 25 February 2020, 01:13 AM   #1427
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Warren Buffett interview highlights: Good when stocks fall, likes Apple a lot, coronavirus impact

Buffett closed the CNBC interview saying his long-term outlook remains unchanged.

Were buying businesses to own for 20 or 30 years. We buy them in whole, we buy them in parts ... and we think the 20- and 30-year outlook is not changed by the coronavirus.
https://www.cnbc.com/2020/02/24/warr...e-updates.html

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Old 26 February 2020, 06:07 AM   #1428
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Time to buy?

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Old 26 February 2020, 06:21 AM   #1429
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couple more days clear all the suckers out
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Old 26 February 2020, 06:33 AM   #1430
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couple more days clear all the suckers out
I think you're right

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Old 26 February 2020, 06:53 AM   #1431
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Time to buy?

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Not for me

I sold some Friday and sold more on the opening bounce this morning.

This is going to get far worse for far longer IMHO, so I am raising cash and sitting this one out
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Old 26 February 2020, 07:03 AM   #1432
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Not for me

I sold some Friday and sold more on the opening bounce this morning.

This is going to get far worse for far longer IMHO, so I am raising cash and sitting this one out
Same. I bought some this morning thinking it would bounce back...it did for a bit, but boy was I wrong after checking this afternoon... Sold quite a bit and holding in cash and just watching, waiting.
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Old 26 February 2020, 10:43 AM   #1433
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I guess to each it’s own. I bought more today.more than all the stocks I have combine. It’s a bargain.I’m new with stock and I have time on my side. My parents Been doing stock and both said it will always come back you just have to wait. Lol. Wish you all the best. I’m heavily invested now I put in the max amount that I can put in. Old people almost never makes mistakes:) I forgot to mentioned my dad works for Bank of America( finance division) and I’m not even kidding.
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Old 26 February 2020, 12:10 PM   #1434
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The market will recover short-term, but the coronavirus is going to affect the entire world economy, and the market will suffer.

Don't sell at the bottom.

Buy good companies with real earnings and real products. Utilities, pharmaceuticals, stuff that people can't do without.
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Old 26 February 2020, 12:14 PM   #1435
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Buy low!
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Old 26 February 2020, 12:17 PM   #1436
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I guess to each its own. I bought more today.more than all the stocks I have combine. Its a bargain.Im new with stock and I have time on my side. My parents Been doing stock and both said it will always come back you just have to wait. Lol. Wish you all the best. Im heavily invested now I put in the max amount that I can put in. Old people almost never makes mistakes:) I forgot to mentioned my dad works for Bank of America( finance division) and Im not even kidding.
yep each to their own.

I bought some this morning too, then I sold some this afternoon, not all my positions, but the biggest chunk I've ever sold. But will put it back in as soon as I see a rise. I thought it was going to this morning, but nope. Fooled me for minute. I generally buy more when prices drop, but I don't think it's done dropping yet. Today was a bit much. And that after yesterday, so...

* disclaimer, I have no idea what I'd doing, but also this is fun for me, and a learning experience. I let a professional handle my retirement acct.
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Old 26 February 2020, 12:38 PM   #1437
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I think it’s got more to go.

I’m not buying more until I see a 10% correction.

Not selling either.
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Old 26 February 2020, 11:30 PM   #1438
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I think its got more to go.

Im not buying more until I see a 10% correction.

Not selling either.
Watch the bond market
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Old 27 February 2020, 01:38 AM   #1439
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Not trying to be flippant or callous but in the long run this Coronavirus is going to make patient investors a lot of money.
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Old 27 February 2020, 01:41 AM   #1440
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Not trying to be flippant or callous but in the long run this Coronavirus is going to make patient investors a lot of money.
One of my financial newsletters pointed out this AM that China has been dumping money (financial stimulus) into the economy, and despite the virus and lockdowns and all that, their equity market is up.

And then just yesterday HK announced that all adults are getting $1200 US as a way to kick-start the economy.

Said newsletter suggests that all major countries will "do what it takes" with stimulus, so yes, do not be surprised if the market goes on a tear.

I can link to it if anyone cares.
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