OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER

Starting into some CRWD. Really botched this one, but I'll use today's liquidation as an opportunity to gradually enter long and hopefully we see increased selling pressure. took off that other half a 1/5 in FSLY to fund the purchase. This run up has been too wild to not lock in a little more.

Just like with the successes, I will post some L's. I'm taking a hammering on my GPS bet. I think my thesis still is logical but definately did NOT see the Kanye deal coming. Some hedge funds riding this one up...when i saw it was up 30% on my screen i was like WTF. I'm in $5.00 Ps
It happens man, I like the idea a lot, but that's the game. Still think we see companies like M get destroyed. KSS will be ok, they're beating their expected sales daily here in NY during the reopening.
 
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I just brought some Albertsons IPO because eff it :emoji_grin:

I was thinking of this too... supposedly $16 is "undervalued" but not sure on the actual financials.

Didn't even hear about that GAP / Kanye collab news... thats pretty interesting. GAP seems like they've been on their death bad. Clothes are kinda trash now, even more so than in years past.
 
Right? And they were trying to spin off old navy....I just think it's destined to drop but hey, who knows. It wasn't a larger % of my spec plays, so I can live with a loss but thought the upside was there.

I wouldn't touch a grocery store, let alone one previously PE backed or whatever, personally....but I get the allure in these times.
 
I know we hate robinhood...

But its working for me.

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Didn't think big lots would jump like this...
 
Especially if Vegas and Southern States Re-Close
I was in Vegas last week (wore a mask everywhere, washed hands and used sanitizer A LOT). Take one step outside the casinos and its DEAD. Even some of the casinos are struggling. Half the tables are closed, more than half the slot machines are empty. Theres no reason for them to stay open if cases keep rising like they have been. And people were being RECKLESS there. No masks, no sanitizer, not giving a **** about social distancing. It's crazy. Casinos will have to shut down again when their employees start catching the beer sik and they cant service the few tourists that are there.
 
I'm good.

I understand where you guys are coming from but I'm doing well.

It’s not about doing well - they have been down numerous times, take forever to transfer money, don’t set you up for success long term.

If you’re buying a house you can’t wire money from Robinhood lol
 
It’s not about doing well - they have been down numerous times, take forever to transfer money, don’t set you up for success long term.

If you’re buying a house you can’t wire money from Robinhood lol

Lol luckily I already bought my house.

I really just trade options and haven't had the issues you guys are talking about. Not saying it can't happen but I'm good with their interface. Works well for me.
 
Added 100 shares of STWD before their dividend ex date on Monday. Reinvesting the div and then closing the position once it hits in July (hopefully before the next crash).
 
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