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#4,526
#4,526
So, on the dip I jumped in and bought 2 $20 calls on SAVE for $10 a piece. They expire tomorrow. Im going to try and walk away for a bit and hope I didnt do something dumb.
 
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#4,527
#4,527
UTSuave’ said:
1.64$ but I’m thinking about buying a **** ton more to bring my average down I honestly should have sold last week on the 1.75$ spike
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Wait and see if $1 holds before buying more. If it does, you’re probably safe to hold a 1.64 average. Will more than likely jump to at least 1.38-1.49 if 1.00 holds and you could get out with a little less pain. I don’t know anything about the company or any catalysts they may have coming up. I’m just going off the chart. If it goes under 1.00, wait until it gets closer to the 52 week low to load up.
 
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#4,529
#4,529
mr.checkerboards said:
So, on the dip I jumped in and bought 2 $20 calls on SAVE for $10 a piece. They expire tomorrow. Im going to try and walk away for a bit and hope I didnt do something dumb.
Click to expand...
in general, you'll probably want more time. I bought some SAVE $25c for 8/21 on friday or Monday (cant remember) and sold when it spiked. might not need that much time, but I'd give yourself at least a few weeks (in general)
 
#4,530
#4,530
bignewt said:
Thinking of getting into MRNA if it drops to $80, can only explode up once the third trial is over.
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MRNA and REGN are both good long term buys. They are both using the latest technology. MRNA would be a long term hold if they didn't have a vaccine, but not at the current price.
MRNA definitely has some volatility. I bought at $16 shortly after they went public, and sold at 66 only to watch it go to 80 within 24 hours. I was able to get more at 56 a short time later.
Some say the profit from the vaccine won't be that much? They have many drugs they are working on.
I listened to specialist MDs who knew about today's cutting edge drugs. Ha, I'm taking some. They never thought of buying the stocks. Also a pharmacist friend.
 
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#4,531
#4,531
DocVOLiday said:
in general, you'll probably want more time. I bought some SAVE $25c for 8/21 on friday or Monday (cant remember) and sold when it spiked. might not need that much time, but I'd give yourself at least a few weeks (in general)
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I def understand. Its stupidly doing stuff that many in here have told me not to do. A) chasing gains B) trying to recover losses. My hope is that I end up not burning myself too bad and can count it as a lesson learned. As a side note I definitely understand why most traders blow up their first account.
 
#4,532
#4,532
UTSuave’ said:
1.64$ but I’m thinking about buying a **** ton more to bring my average down I honestly should have sold last week on the 1.75$ spike
Click to expand...

I thought about pumping around 1K into to it and average down and get out, but that would only bring my average down to around 1.70 :oops:. Just gonna have to wait on news I guess.
 
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#4,533
#4,533
I’d say this 17.86 is the bottom of the uptrend. Good entry for someone wanting to ride to 18.50-19. (save)
 
#4,537
#4,537
Man, I know I'm learning and being right on certain stocks is encouraging, but it chaps my ass that I missed out on JILL today. 150% gainer on the PR. Oh well, what's the phrase Coach uses? "Worry about the ones you got and not the ones you don't."
 
#4,538
#4,538
Carp said:
Man, I know I'm learning and being right on certain stocks is encouraging, but it chaps my ass that I missed out on JILL today. 150% gainer on the PR. Oh well, what's the phrase Coach uses? "Worry about the ones you got and not the ones you don't."
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You just have to accept that most will run without you in it. But if it makes you feel better, there have been some bag holding longs over there waiting a long time for that. It’s a big roulette wheel and everyone eventually gets their turn.
 
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#4,539
#4,539
VolAllen said:
The sad part is level 2 of SAVE looks really good. If there were some buyers, it would move big
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So. I had one call I bought last night for too much i sold it took an L. I bought another at 65. If she can run to 18.50 I can make some back. Went from up 150 is to down 60
 
#4,540
#4,540
mr.checkerboards said:
So. I had one call I bought last night for too much i sold it took an L. I bought another at 65. If she can run to 18.50 I can make some back. Went from up 150 is to down 60
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Yea yesterday I was up about $6,000 on my latest position and now I’m only up like $2500 🤦🏼‍♂️

I gotta get better at taking profits when I’m up that much.
 
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#4,541
#4,541
VolAllen said:
Yea yesterday I was up about $6,000 on my latest position and now I’m only up like $2500 🤦🏼‍♂️

I gotta get better at taking profits when I’m up that much.
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Hopefully we get an after hours news dump that gives a little run. I want to save face a little than I'm going to leave spirit alone for a second
 
#4,550
#4,550
mr.checkerboards said:
@VolAllen has been playing SAVE for months. Do your DD but trust him when he says you'll have another chance. My problem was I had calls that expired. If youre just playing the stock. I would let it ride
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Yea I haven’t really ever gotten into the calls/puts game. I’ve only been trading for a couple years. I don’t think anyone in year 1 has any business playing like that, and year 2 I’ve found my strategy. I’ll eventually play both ways, but I’ve got the patience to play like this for now.
 
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