I'm taking it up the butt on that $XL stock. I didn't want to sell it because I already have a good faith violation and I don't want another one, but holy shit.... I bought at 16.21 and it's down to 11.97 per share. I bought 7 shares. Oops.
My whole Portfolio is down 25% the last month. Honestly, it'll all go up, so don't freak out and sell off during the sell-off.
I'm really taking it up the ass on $FUBO. Average cost is $42, its at $28 and I have 20 shares. Market Value = $564 and total return is $-251. This is a longer play though, so I have faith that they will deliver their product. I've lost big like this before, and gained it back and then some when they rally.
Maybe try buying .1 or .2 of a share of these stocks until you find a source that you trust. So you learn but also you don't get upset of when things drop. or Buy 7 shares of @XL at the current price to bring your average cost per share down. 7 x $16.21 = $113.47 7 x $11.97 = $83.79 That would bring you to $14.09 per share.
Caesars is pissing off a lot of their customers. They cut their offers to their mid and and higher level gamblers. Cosmo and Circa are doing tier matching for Caesars customers to try and steal them away. But if customers leave Caesars they're going to move to MGM because of the number of casinos is similar to Caesars. I'm thinking MGM will come out of the covid recession faster than Caesars.
Also bring your wife in on this. Make it a game. You each have a budget of $50/month. Whoever has the worst return for the month takes the other one to dinner. It makes investing more fun and you won't get defensive if you lose money on stonks.
I don't think I'll ever be the guy that drops 50k into the market. For me it was fun to get in on the memes and then I kinda blindly found my way through learning the market for the past month. I lost a little money, not freaking out about it, but also a bit of a wakeup call. I have been learning about scans on software like ThinkorSwim and I'm putting in some time learning about identifying things like pump and dumps, etc. Most of my losses right now are tied to GME, which I'm not selling. I think overall I lost 50ish bucks on my Robinhood account and I have probably lost like $100 total spread out over several failed penny stocks. If I lose money on GME, so be it. That was a gamble from the beginning.
Interesting to know your perspective. Caesars was recently bought by El Dorado, but they kept the Caesars name, so they have new management and are definitely trying to cut costs (Caesars is one of our clients).
Not exclusively. Finished down 1.87% which wasn't too bad but it's been adding up over the last few weeks.
I had some 6.5 and 6 strike price puts earlier this week on them. Jumped back out of them in Tuesday and banked $80. Now i have like 5 put options at strike price 7 for $50. Gonna watch closely tomorrow to see what happens. Might jump out early or ride it depending on premarket.
There will be blood! This morning was brutal again. Good thing I'm at the coast drinking bloody marys and getting room service. Things are flipping some. AMC is actually up. I picked up some boeing at 217ish.
I'm nearly green after being fucked earlier this AM. Wondering if sub600 is a good time to get into Tesla. I'm prob not buying right now, I've already spent more than my alloted fun money would allow and then some for the week.
