02-04-2020, 04:30 PM
(02-04-2020, 04:00 PM)fenders53 Wrote:(02-04-2020, 03:44 PM)Otter Wrote: CHWY, CRON, SQ are mine.
TSLA Mar 19 2021 300 Put also looking pretty damn speculative at the moment.
Your TSLA timing needs some serious work lol.
Any particular reason we should consider buying any of your other specs now?
While I am here F is pretty speculative. I'll let you know if I still recommend it after earnings. I do keep some long shares but I chickened out and bought back a few F puts today while it was still profitable. The earnings report trust is just not there quite yet lol. Lovin that F div if you don't get sucked in on a mini rally. They'll pay off that zillion dollar debt pretty soon lol.
CHWY I've been adding to for the purposes of dollar-cost-averaging. Got the position down to a respectable -2.84% loss now. Not sure that's a compelling buy thesis.
CRON was just a WAG with some fun money
I think SQ is going to be a fantastic holding for years to come, assuming they don't get bought out by someone like GOOG/AAPL/AMZN who wants to go heavy into the payments/B2B/loan space all at once. The value was stretched by any traditional metric when I started buying in the $30s. It is still stretched by any traditional metric at $80.
Valuing these MOMO stocks is a fools' errand. It is gambling. I have a small handful in my portfolio for entertainment, and maybe one goes parabolic like TSLA someday. Majority of my stuff is in boring DGI stocks that would put most day traders and Wall Street Bets folks to sleep.