Investing | Stocks & Funds

[Paleo]

LUNR dipped today. Almost picked some up but bought mostly high price stocks today.

I'm still up over 100% from my avg purchase price but I really should have sold half when it was up 250-270%. Even if they stuck the landing and everything was working perfectly the stock still was overvalued for a while.

 

[sinclair1]

It’s one of those days. Got my new truck back with Riot and Soun, even a boost from the new $10 Rivian

 

[Tight Lines]

It’s one of those days. Got my new truck back with Riot and Soun, even a boost from the new $10 Rivian

How are you finding these penny stocks?

 

[sinclair1]

How are you finding these penny stocks?

Just pounding the pavement. You gave me yesterday’s pickup SPCE. I found out when Soun was $1 that NVDA had a stake in company.
I think it’s going to be a winner!
I do better on the $1-$5 stocks as
I always buy 1000 shares.
My portfolio only has about 6 high dollar stocks.

My favorite Cheapy was the 2000 shares of Riot for $3. I gonna sail that to the moon or the garage can.

 

[sinclair1]

Here’s a strange situation, Reddit is going public with a 6 billion eval. I don’t follow how it’s worth near that, but here’s the kicker. Reddit is where all the meme stocks get started. Will it turn the IPO into a social media Bull for a few days and allow you to make some fast money?

 

[Tight Lines]

It has a serious following and has for a long time. It will be an advertising play. I would think it will rise given the climb in $META

 

[slow motion]

View attachment 1291552
Here’s a strange situation, Reddit is going public with a 6 billion eval. I don’t follow how it’s worth near that, but here’s the kicker. Reddit is where all the meme stocks get started. Will it turn the IPO into a social media Bull for a few days and allow you to make some fast money?

I think you're right. If you can time it right and jump out before it self corrects to the real value might make a nice profit. Good luck.

 

[ucfireman]

Ive been watching this thread a bit, Sinclair seems to have the touch,
Anyway what are yalls thoughts on Rivian?
I dont own it yet but with the plant in Social Circle seeming to be a done deal, and that they are actually decent looking, I was thinking of buying, just under 11.00 today.
May gamble with Polestar too, just looked at it, their cars look good, just dont see them on the road much.

 

[Tight Lines]

I think $RIVN Rivian is going to be a go personally. The question for me is timing. I've bought and sold it a few times. Can it go lower? Yes, but I don't think it ceases to exist. I view it as a gamble vs. core portfolio. Hey @sinclair1 what are your thoughts?

 

[sinclair1]

Ive been watching this thread a bit, Sinclair seems to have the touch,
Anyway what are yalls thoughts on Rivian?
I dont own it yet but with the plant in Social Circle seeming to be a done deal, and that they are actually decent looking, I was thinking of buying, just under 11.00 today.
May gamble with Polestar too, just looked at it, their cars look good, just dont see them on the road much.

I have a stupid amount of Rivian. Not sure I would jump in today like I did when it hit $12 and then $10 before.
I also have polestar. I liked they were part of Volvo. I am in the hole on polestar.
I don’t have any touch, I just do the exact opposite of what “they” say.

Right now I am racking my brain on this RDDT meme opportunity. It’s a get in and get out quick or sell short.

 

[sinclair1]

I think $RIVN Rivian is going to be a go personally. The question for me is timing. I've bought and sold it a few times. Can it go lower? Yes, but I don't think it ceases to exist. I view it as a gamble vs. core portfolio. @sinclair1 what are you thoughts?

It’s a gamble. I bought a good amount of Tesla at $159. I need to pump the brakes, I have been funding this gamble at $1000 a week. I have $1000 qued up just in case I want to do something with RDDT and then that’s it until after the election.
I will have to sell something to buy anymore.

 

[sinclair1]

Man I think it is going to $850. I had some $AMD. Look at $ARM too.

I am making money on the swap but guessed that one wrong. $922 a share wow. AMD is up 20% so they are close in trade value since I 4X my shares

 

[Tight Lines]

I am making money on the swap but guessed that one wrong. $922 a share wow. AMD is up 20% so they are close in trade value since I 4X my shares

$NVDA is insane, now I think it is going to $1K per share...who knows? When to sell if going to be the challenge...

 

[bass4fun]

$NVDA is insane, now I think it is going to $1K per share...who knows? When to sell if going to be the challenge...

Me likey! Hope it keeps skyrocketing. This has been fun to watch. Wish I loaded up more when it got down to $125 per share not long ago. To quote Ralph Kramden, "to the moon"

 

[sinclair1]

I think $RIVN Rivian is going to be a go personally. The question for me is timing. I've bought and sold it a few times. Can it go lower? Yes, but I don't think it ceases to exist. I view it as a gamble vs. core portfolio. Hey @sinclair1 what are your thoughts?

The pause sure has stock booming. All bets on the R2

 

[sinclair1]

$NVDA is insane, now I think it is going to $1K per share...who knows? When to sell if going to be the challenge...

I would have to sell at 1k it’s gonna be 750 next week lol

 

[Tight Lines]

I would have to sell at 1k it’s gonna be 750 next week lol

You could be right...maybe buy some puts

 

[sinclair1]

You could be right...maybe buy some puts

State of the Union is starting, it might be 750 tomorrow

 

[Tight Lines]

State of the Union is starting, it might be 750 tomorrow

I'll check the futures before I go to bed...

 

[bass4fun]

State of the Union is starting, it might be 750 tomorrow

Premarket it's up $25. Fly baby Fly!