The Rokslide Stock Traders Thread

cmahoney said:
CDEV is trending on ST. Anyone else trailing with a tight stop loss?


Sent from my iPhone using Tapatalk
Click to expand...
Depends on when you bought? I am less than a month away from some of my share lots hitting long term status, so no way I’m setting a stop loss.

there’s a lot more upside if you can hold to late summer.

If you just got in and you’re looking to turn it over quick then maybe.
 
Broomd said:
Hell yes, huge party on Lake CDA.....Congrats to the CDEVians here! Hold on fellas, gonna be a wild ride--hopefully to $12 this Summer!
Don't be surprised to see $4.75 retested. But this journey is just starting.
Click to expand...
This has been wild, and will be life changing for many. I 100% agree that this can trace back, but there’s summer ahead of us and so many catalysts to reopening and travel again.

And yes, congrats! I am not an expert at all in trading, am long on everything I’ve ever bought and that’s all I do. But last March-April, and the CDEV ticker taught me so much. And GtE...same thing.
 
N.ID7803 said:
Broomd, you still liking ETFM? Its at what I originally bought in at before I dumped at 0.020.
Click to expand...
Ha! ....did you have to ask that? Grin, My little $1500 buy was $42,500 on my sheet two weeks ago....today it's $10,000. Groan.
Gonna hold long term. It's painful watching that kind of money evaporate, but told the wife I can see this thing getting to that coveted .068. Six figures and worth waiting out.
 
Broomd said:
Ha! ....did you have to ask that? Grin, My little $1500 buy was $42,500 on my sheet two weeks ago....today it's $10,000. Groan.
Gonna hold long term. It's painful watching that kind of money evaporate, but told the wife I can see this thing getting to that coveted .068. Six figures and worth waiting out.
Click to expand...
I like it! I bought back in at .017 and will probably average down some more today.
 
I really missed the mark on CDEV my average is $3.69. Still making good money though. Just nothing like some of yall!
Congrats to e everyone one who got in early!!
 
Last edited:
Broomd said:
Ha! ....did you have to ask that? Grin, My little $1500 buy was $42,500 on my sheet two weeks ago....today it's $10,000. Groan.
Gonna hold long term. It's painful watching that kind of money evaporate, but told the wife I can see this thing getting to that coveted .068. Six figures and worth waiting out.
Click to expand...
If you don’t mind sharing what do you like about the company and what do you see as the catalyst that will take it up?
 
WannabeHunter said:
I don’t post in this thread much, but I have enjoyed seeing everyone’s points of view and trading strategies.
I will say that it does make some sense to hold onto positions with extremely favorable entry points. If you bought into some of these right after the March/April recovery, you’re sitting on 200-400% returns. What do I care if it drops 30-40%. You’d still be up 200+%. Then the market will eventual recover and I’ve maintained my lower cost basis. So for truly long term investors in legitimately solid companies, it does make sense.

I have several accounts I trade differently. Two of them I barely look at. The other two I actively trade in swings/options. Those shorter term accounts were all moved to 70% cash after the 1st test of 380.

That’s my perspective at least.
Click to expand...

So I'll use PLTR as a case study of how I see it..

Bought 100 shares of PLTR on the ipo and sold it above 40, I then bought back 200 shares at 23 and change.

Am I in a better or worse position now long term for not holding?

Giving back money to the market is dumb in my opinion, especially in your 401k where there is no tax liability. I'd give it 80/20 pulling now and holding will put you in a better entry to add bigger position back, yes you won't have 100 shares with a 10.00 cost basis, but you can afford 200 shares with a 20.00 cost basis which is a win 100%.
 
elkyinzer said:
I'm going to go off some of the above and try to learn some things about oil this weekend. Two things I generally avoid are oil and pharma, I've never been able to see through the randomness in either sector. I've been doing well in my IRA on REITs, financials, and industrials, and still see a lot of value in those.
Click to expand...
Oil is different because most people miss the dividend factor.

Reits are still low, but I don't think we've seen all the covid fall out with them. Many are holding artificial earnings from tarp etc. That being said they have good dividend structures.
 
Valaris PLC's ch. 11 restructuring was approved, but I don't see anything about what will happen to shareholders' stock.

Anyone have insight if current shares will be canceled, reduced, or left alone?

I emailed their investor relations, but not holding my breath for a response.

No position, yet.

Edit: found what I was looking for.


Basically, share holders of old Valaris only get 0.01% of the equity of New Valaris and warrants that are only exercisable if senior noteholders get 100% of their investment back, i.e. not gonna happen, worthless warrants.

But, buying New Valaris after the future IPO would be like buying New GM after Old GM's 2009 ch. 11. Tarnished brand with good fundamentals.
 
Last edited:
WRO said:
So I'll use PLTR as a case study of how I see it..

Bought 100 shares of PLTR on the ipo and sold it above 40, I then bought back 200 shares at 23 and change.

Am I in a better or worse position now long term for not holding?

Giving back money to the market is dumb in my opinion, especially in your 401k where there is no tax liability. I'd give it 80/20 pulling now and holding will put you in a better entry to add bigger position back, yes you won't have 100 shares with a 10.00 cost basis, but you can afford 200 shares with a 20.00 cost basis which is a win 100%.
Click to expand...
That’s a perfectly great play for someone who is actively managing these investments. There’s a lot to be said for not having to worry about it. Neither wrong. Neither right. They’re both better than a savings account.
 
WannabeHunter said:
That’s a perfectly great play for someone who is actively managing these investments. There’s a lot to be said for not having to worry about it. Neither wrong. Neither right. They’re both better than a savings account.
Click to expand...
Failure to act is the biggest mistake people make in the market.
 
The day doesn't get any stanger, bug in stock trading company, couldn't sell. On the line for over 2 hours, they finally pick up verify, working on back end etc. Guys says I can make the order manually. I tentatively agree, he sees the block I want to sell. Tells me it will go through, I look, he booked and sold portions of the wrong block! WTF! So........... Back on the line waiting to see what can be done.......... Huge error on their part.
 
dang, i missed out on some serious gains on SANP...even though they seem like a scam company, i had picked up a pile of shares a while back for $0.003/share, it hit a penny today, i sold when it hit 0.005 because something just didn't seem right.....dangit.
 
Danny Hoey said:
Dipped my toe into LPI towards the end of the day. Seems to be some good rumblings about.....
Click to expand...
I bought a little yesterday. Thinking on buying more. Got little money left I feel I should put in some oil and trying to decide which one is the hard part...
 
You must log in or register to reply here.

Similar threads

MeatMissile
Funny Quotes From Hunting Trips
3 4 5
Replies
88
Views
5K
nphunter
nphunter
MOA Zach
New Site in the Works – Find In-Stock Rifle Parts
Replies
2
Views
399
MOA Zach
MOA Zach
C
Newer hunter… Rokslide special caliber?
Replies
4
Views
240
KHntr
K
Bachto
Need some advice from the wiser Rokslider's
2
Replies
38
Views
2K
roadrunner
R
D
Stocky's Stock Finish?
2
Replies
28
Views
3K
K9kodi
K

Latest posts

Featured Video

Latest Articles

Back
Top