July, 11th is when I started BAT.
Timberā¦ iRobot is tumbling againā¦ spare me the agony, please. The only counter that is red since purchase.
SHOP is doing well Jil only needs to agonize for a weekend TREE looks poised for a technical re-bounce.
Saving graceā¦ shorted covered calls against each counterā¦ get assigned (make money) or reduce basis (less painful losses). Both are acceptable outcome since weāre in for 10x
NFLX keeps going up! It looks like I made a big mistake selling the shares right before it reached $190.
Is a mistake only if the money is sitting in the bank and not deployed to another stock that is also appreciating or spend to enjoy yourself
Since I wanted to buy more SHOP, I sold all my IRBT when it was profitable (Just minor profit) and took SHOP !
I sold TREE when in profit state, keeping SHOP alone.
[edit] Placed a limit order (GTC) to 73.5 today for IRBT
Very funny, always put a higher price than me. Latest candlestick pattern.
UBNT, no pattern - Stay Long
SHOP, no pattern - Stay Long
VEEV, no pattern - Stay Long
IRBT, Bullish Piercing Line, not confirmed - Stay Short
NTNX, Bearish Shooting Star, confirmed - Sell
CRUS, Bullish Harami, no confirmed - Stay in Cash
I have added IRBT, TDOC, SHOP and OSUR watch list & Bought some. Till date, I did not get SHOP at 95 !
UBNT and SHOP rockā¦ our top 2 10x stockā¦ collaborative 1 operator 1 operator 1 = 1000 not 1 x 1 x 1 = 1 or 1 + 1 + 1 = 3 Love it when it is operator and not additive or multiplicative.
I donāt get the Bearish NTNX pattern. Thereāll be some resistance just under $30 from a prior gap thatās being filled. Itās consolidating pretty well. It could test $25.50 from recent gap up.
Citron Rocks, UBNT, SHOP, NVDAā¦, giving an opportunity to buy these good stocks at bargain price ! See here how Citron Targets one by one.
Here is another low buy opportunity. I bought PCG (PG & E) dividend payer as this is dropped speculating root cause of Napa fire !
MongoDB is another IPO jumped from $24 to $33
BTW: Review and take your own call.
I bought PCG long ago because of other incidents at $45.46.
Also bought COST because of Amazon fear at $150.6695.
I donāt buy any opportunities, only those stocks that I want to keep long term (not forever since no companies last that long).
Congras for catching the falling katana (SHOP), reading textbooks can make you laugh sometimes, say donāt catch falling knife but I do that all the time Professor live in the ivy tower can read very logical and sound principles on paper but in practice, no need thorough analysis at all, just need fast response and adaptation. Make 1 or 2 mistakes donāt matter, just adapt, adapt, adapt, IRBT still quite red but my sCap portfolio is doing pretty well.
About IRBT, We will know break or make on Oct 24th quarterly results. Now, expectation is low and if results are higher, this one normally swing up after results.
VEEV is on the cusp of being break even for me. My short put expires today, and I wonāt get to add more at $55. My second UBNT short put expires today too.
The article on Left is interesting. I wondering how often his accusations are right. He clearly has enough clout to cause a short-term drop. A tweet with zero research caused a 10% drop in ESRX. Thatās crazy.
What are your recommendations for Atlassian corporation? Up about 70% this year. IPO 2015, making money, buying other start ups. I am not an expert picking individual stocks.
Iāve never used their products. The growth rate is solid. Right now, the SG&A and R&D spend seem to linearly increase with revenue. Thatās a huge problem if revenue growth doesnāt maintain itās pace.
Iām curious how big their addressable market is. Weāre focusing on stocks that can hit 10x return here. How do they get to $100B market cap? The only software companies that big are Microsoft, Oracle, and SAP. Adobe and Sales Force are next closest to the $100B market. Is there software going to be that utilized and create that type of revenue?
Owning it is going to be profitable as long as the growth rate continues. As soon as it slows, itād be time to sell.
I wouldnāt buy on a day itās up 20%+.
Wow, all our stocks rock today. SHOP is shooting upā¦ plan to sell my call at around $105. Getting close
Have closed some puts to reduce exposure, a few adjustments to improve risk/ reward to rectify some trigger happy āfast responseā Quite comfortable sitting doing nothing for awhile. Have placed the necessary GTC.
I should have been buying yesterday on the huge drop in the morning. Work has been fairly crazy, so Iāve been less aggressive with options. They require closer watching than just holding stocks for months.
Iām busy yesterday too. Is ok, Left would be around but may need to wait for 3 months before he attacks the same counter again. Long calls is risky so should be opportunistic which include youāre free to do not just Left issuing bearish comments.
So far, got 100% gain for long calls, gain for SHOP call is now over 50% (edit: 73% & going up), keep it up SHOP, uhā¦ Left.
By crazy work schedule, I missed SHOP when it was 90 as I could not even open/see stocks on that day! Still my lowest price is 96.5, but average is 101.5. As expected, SHOP is moving fine. Thanks to CITRON, easy cake eating, bringing down from 125 !