All things STOCKS

#6,926
#6,926
Thunder Good-Oil said:
That’s what holds stock prices down for long periods of time after big dives. There’s lots of selling on the way back up as buyers that were under water like to jump out once they’re back to even. Lots of selling pressure on the way back up.
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I've just got to be better about either setting physical SL's or sticking to my mental SL's when I enter a stock. When I do that, I typically do very well, even if I do miss out on some gains.
 
#6,928
#6,928
AAOI is another one I'm adding to the watch list based purely on the chart. Going to do some research on this one. Could be a big earner in the coming months.
 
#6,931
#6,931
BigOrangeMojo said:
Got in at $217 this morning. Small position but took some FIVE profits this morning and rolled into CRM.
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I’m in at $221.25. I could have bought lower if I had paid attention at the open. Set my limit early in the AM but didn’t set it low enough. Still up about $1.50 so I’m not complaining. I’m not looking to do a quick flip. It’s a keeper.
 
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#6,932
#6,932
TheColdVolTruth said:
Do you have any thoughts on why the selloff on the WORK acquisition news?
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WORK is costing $25B. CRM’s market cap is now slightly over $200B. CRM is off by about the cost of buying WORK. So basically CRM is being punished as if they received absolutely nothing in the purchase. Talking heads are trying to make names for themselves by trashing the transaction.
 
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#6,933
#6,933
Thunder Good-Oil said:
WORK is costing $25B. CRM’s market cap is now slightly over $200B. CRM is off by about the cost of buying WORK. So basically CRM is being punished as if they received absolutely nothing in the purchase. Talking heads are trying to make names for themselves by trashing the transaction.
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I had Squawk on in the background earlier and heard some discussion of the deal, but I didn't catch most of what they were saying. It seems like a pretty good entry today for CRM.
 
#6,936
#6,936
I was tempted to take my 30%+ gain in SAVE before the closing bell but held on to it. I recently sold CCL, UBER, and WDAY and all 3 had more upside left. Oh well, nobody always buys at the bottom and sells at the top. But OTOH SAVE could see pressure from tax loss harvesting over the rest of December.

If SAVE goes up I’ll sell. If the other 3 fall I’ll buy them back.
 
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#6,937
#6,937
Sold out of SPWH for small profit. Better than a loss. With it being by far my largest position, I really didn't feel comfortable holding over night. Certainly didn't get the spike I hoped it would. We'll see what we can get into tomorrow.
 
#6,938
#6,938
Thunder Good-Oil said:
I was tempted to take my 30%+ gain in SAVE before the closing bell but held on to it. I recently sold CCL, UBER, and WDAY and all 3 had more upside left. Oh well, nobody always buys at the bottom and sells at the top. But OTOH SAVE could see pressure from tax loss harvesting over the rest of December.

If SAVE goes up I’ll sell. If the other 3 fall I’ll buy them back.
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I think Save is going to complete that chart to $25 and then fall. I’ve got $25 12/18 Calls....I’m ready for it
 
#6,940
#6,940
Can someone smarter than me explain what went down with RYCEY? It looks like I will be getting the 1.90/“dividend” but honestly I’d prefer free shares with this price this low. I’ve never seen anything like this before.
 
#6,942
#6,942
Tri-CitiesVol said:
Can someone smarter than me explain what went down with RYCEY? It looks like I will be getting the 1.90/“dividend” but honestly I’d prefer free shares with this price this low. I’ve never seen anything like this before.
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Search "sale of rights"

Very seldom used.
 
#6,943
#6,943
Morgan Stanley Research:

Follow the Early-Cycle Playbook
Keeping with their view that this cycle will be relatively “normal," the strategists are inclined to trust the recovery and favor early-cycle outperformers. “Coming out of a recession, we think it pays to buy stocks with the lowest expectations," says Sheets.
That means owning small-caps over large-caps. Smaller companies typically lead coming out of recessions, and additional fiscal stimulus measures would likely be more supportive for smaller firms. The early-cycle playbook also favors high-quality cyclicals, such as U.S. and European financials, materials, and segments hard hit by COVID-19 lockdowns, such as travel and leisure.
 
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#6,946
#6,946
Carp said:
Anyways, new stock I'm looking into is REZI. From a straight charting stand point, it is forming a nice bull flag on the daily and weekly. If it breaks, it could push new ATH. I'll be looking for a break over $21 today or the start of next week before jumping in. It does have a lot of momentum at the moment. If it fails to break through, it will llikely head back to the $15-$16 where I will look to enter.

Fundamentally seems pretty strong, with Revenue up 11% from Q3 in 2019. But I'm no financial expert when it comes to fundamental analysis, I just know the basics. If anyone has any tips for fundamental analysis, I would appreciate them.
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REZI trying to break out from the bull flag this morning. You should probably put this one on your watch list if you haven't already. If typical bull flag patterns hold, this could see $28-$29 soon.
 
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#6,947
#6,947
And I'm glad I sold $SPWH last night. Down nearly 10% from where I sold last night.
 
#6,948
#6,948
I'm going to start slowly loading NCMI again I think. Theaters stocks will probably take off again closer to February. I've been waiting on that pull back to the $3.00 range that always seems to happen, but it may not.
 
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