Spirit Airlines? But they are doing so well. You may want to ask your daughter if things are good investments first
Spirit Airlines? But they are doing so well. You may want to ask your daughter if things are good investments first
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Definitely do that. Full confession: I'm a DWAC bag holder (cost basis over $50- ouch). Wife and I bought during the IPO because we wanted to support free speech after the election had been stolen and people were called terrorists for trying to talk or ask about it. Not a very good investment if you ask me since the guy has like a billion enemies. With X under Musk's control, free speech is rising nicely and Truth Social is irrelevant except for Die Hard Trumpers.
Why didn't you take profits during the gamma squeeze? I got in at $18 and sold half the next day when the price shot up to $170.....market didn't take my order until it dropped to $145....then I unloaded another quarter of my shares the next afternoon when it went to $105.....the last quarter was gone at $74 a few days later.....ALWAYS TAKE SOME PROFITS...
Now you tell me. The timing in this thread sucks. I think FF said previously that "no one ever went broke taking profits." I aim to live by that this year. Could have banked 10% on that LTBR trade after only a few weeks but decided to get greedy and see what happens. Now, back below where I bought @ $3.20 Timing is everything. Unless you're a buy and hold genius. (Most everyone should do that aspire to be that.)
You're never going to win on every trade...trust me and yes I'm down on LTBR because I bought between 3.50-3.90......I have $800 into it though. If it doesn't move at the start of next week I'll cut it loose and take that into a more sure trade like EDV. EDV has been down for 2 weeks now but we all know in the end Jerome is going to have to lower so I've been accumulating 2-3 shares a time as it retraces....plus it spins a 4.00% yield while I'm waiting on the inevitable.
Going to look at their bonds on Monday. gotta figure they are trading at pennies on the dollar. If they get bailed out some how, then it will be a smash hit. If not there is a chance I could get something back given I would be higher up on the security scale versus the common stock But risk capital only as must prepare for it going to ZERO.
4.50 I'm tellin ya...10 yr goes to 4.50
Yes I said it but can't take credit for the idea. I would never ever ever tell anyone what to do with there money. However if I may and if you do not want to turn a winner into a loser, especially when trading lower priced thinly traded stocks, when you have decent gains but maybe do not want to take profits in case it continues to run, then perhaps consider placing a sell stop below where it is currently priced to protect your cost basis. That takes the decision if the stock turns down out of your hands but allows you to continue owning the stock if it continues to run. If it continues to run you can always adjust your sell stop order upward. I just do not use them b/c I know the market makers will come and get my stops if the price gets close.
I’ve seen it attributed to Bernard Baruch, as “Nobody ever lost money taking a profit,” and Jesse Livermore as “No one ever went broke taking a profit.” I suspect some low level person along the way said it first and those guys made it famous. Like all the great sayings that hang on forever, it’s both clever and true.
Where you been Crete? I asked on Wednesday in here if anyone had seen the Hang Seng lately? Since China said Hong Kong would be taken over like now, the markets have mirrored one another. I personally am leery, but I still see the people on the blower touting BABA and really excited about Temu and Shein IPO's.
Exactly opposite....if there is a downturn in RE it won't start until at least 2028....There are several key figures to support this including the fact that 40% of all homes owned are free and clear. The second being that there has NEVER been less vacant houses in the last 50 years. The 3rd and very telling is despite all the talk about a "housing crash" inventories have remained at an all time low and still going down and homebuilder stocks are still going up and up. Were good in Florida until around 2028 too for political reasons(people still moving here in droves from blue states)....
Don't forget the rate cuts. When they follow through with interest rate cuts, that should put upward pressure on housing prices.
You don't see this as a result of big businesses buying up "rentals"?
It already ticked up 4.2% yoy last month....our purchase orders are starting to move upward faster than in the last 18 months and rates haven't even been cut yet....
