School me on investing...

Discussion in 'General' started by noles19, Nov 8, 2017.

  1. Tristan

    Tristan Well-Known Member

    only down 8%??? that's a normal day for BABA
     
  2. HPPT

    HPPT !!!

    It was closer to 10% when I posted. :)

    But to be serious, I've been watching it every day for a few years, as I owned some. 8% is a big move.
     
  3. Boman Forklift

    Boman Forklift Well-Known Member

    Sounds pretty negative https://seekingalpha.com/article/4494053-bad-news-for-alibaba-investors

    adjusting BABA's revenue for these 19 additional days means that BABA's revenue declined organically by CNY 20 billion (10%).

    On SEC filings, BABA reports declining revenue from its China Commerce segment, its largest business line, which explains CNY 1.5 billion out of the above-mentioned CNY 20 billion organic decline.
     
    HPPT likes this.
  4. Montoya

    Montoya Well-Known Member

    Anyone watching ‘Gaming Wall St’ on HBO? Only a few episodes in and most of it is fairly, or I would hope, common knowledge for active swing traders… but it’s a great review of the WSB craze and how the whole game is… well… not necessarily fair.
     
    BigBird likes this.
  5. Tristan

    Tristan Well-Known Member

    So Papa, what's your buy in number for BABA? I need to do some DCA...
     
  6. HPPT

    HPPT !!!

    I actually put in an order at $91.50 yesterday but @Boman Forklift freaked me out a little bit with his article and I canceled the order before the price got there again.

    Nothing particularly insightful about $91.50. It's just that my trading platform for some reason I will not let me place an order on BABA without specifying a price and it was around that price when decided to buy some.
     
  7. Tristan

    Tristan Well-Known Member

    Probably for the best, just read the article and it was pretty bleak.
     
  8. Tristan

    Tristan Well-Known Member

    On the more conservative side- I had an order in a few days ago for more DFS at $100. Only got down to $100.07, now back up to $107. Wish I had bought a bunch more at the $40 pandemic level...

    (bottom was $28, I got in at $40)
     
  9. Boman Forklift

    Boman Forklift Well-Known Member

    Well it's down to 87.xx right now so that saved you a little. Once I read what I posted, it scared me from putting anything into it. I haven't bought individual stocks in a long time, just buying S&P 500 and a couple mutual funds anymore.
     
  10. Boman Forklift

    Boman Forklift Well-Known Member

    Did you end up getting any Rivian at $40? Sounds like the experts are still expecting it to do well, its at 38.19 now.
     
  11. HPPT

    HPPT !!!

    I posted at some point this winter that I was waiting for $25. It's on its way there. :)
     
  12. Tristan

    Tristan Well-Known Member

    Yep, got 10 @ $40. Waiting patiently...
     
    Boman Forklift likes this.
  13. Tristan

    Tristan Well-Known Member

    I was gonna ask if that was just a joke or if you might actually buy at $25... it could easily happen.
     
  14. HPPT

    HPPT !!!

    It was a joke at the time, in response to someone who was excited to have an opportunity to get it at $50.
     
  15. HPPT

    HPPT !!!

    DOCU has been dropping nicely in the post-COVID world.
     
  16. thrak410

    thrak410 My member is well known

    So has BAND ... just wondering how much lower it'll go before I buy some.

    upload_2022-3-11_13-44-43.png
     
  17. sanee

    sanee Well-Known Member

    i hate looking at my account now as its sooo in the dump and i pretty much dont have money to buy
     
  18. Rebel635

    Rebel635 Well-Known Member

    Probably for the best. Cuz it’s nowhere near bottoming out.

     
  19. SuddenBraking

    SuddenBraking The Iron Price

    What are you basing that on?
     
    MELK-MAN likes this.
  20. sanee

    sanee Well-Known Member

    how dare you question his expertise... :)
     

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