Oso planning to go pro
why no talk of loss porn?I'll go first, I sold AAPL in late 2016.How about you?
I held two stocks far too long. One was a ADIC, a storage management hardware and software company that eventually got acquired at 1/4 its peak price. The other was a Chinese solar firm that I finally bailed on at 1/10th its peak. Those two cost me $400K.
I'm unlikely to lose money on NET and IPOE (trading as SOFI starting Tuesday), but I will likely hold for too long. My exit planning is based on moonshots instead of common sense.
Be careful with IPOE/SOFI. I say that solely as being incredibly wary of Chamath and thinking he’s a total snake oil salesman who wants to dump shares into bag holders he accumulates through pomp and preaching on Twitter and CNBC. This sort of illustrates what I’m talking about https://twitter.com/epsilontheory/status/1397749998733910016?s=21I like Cloudflare a lot though. They have some really smart people and are doing some really cool stuff. Graham-Cumming, their CTO, is brilliant
Is there a character limit per post on this board?My biggest donk has been WKHS or COIN. Hoping COIN bounces back.
Uhhhhh thanks /r/WallStreeBets, I guess?
lol perfect timing
The real problem I have now is I have no idea where to cut bait and dump.
I know very little about the gas vehicle or the EV space, but that doesn't preclude me from having an opinion: Ford launching the F-150 Lightning seems to be a sign that having a decent EV platform is no longer a huge differentiator.Edit: This is coming from a guy that has considered Tesla a bad bet for years, so ymmv. Pun intended.
I don't know your time frame, but I would think the COIN timeframe is years, if not a decade at least. Hardly a donk at this point, unless you were looking for a quick pop to dump out of it.
Here is a little more speculative investment for those who like riskier bets. Today was a big down day for the companies in the gene-editing sector so I took the opportunity this morning to create a mini-portfolio that consisted of:Full positions: BEAM, CRSP, NTLA, DTILHalf positions: EDIT, CLLS, SGMOI fully expect a shakeout in the industry and some of these companies, perhaps even a majority, will either go out of business or get absorbed by bigger players at lower prices that they are at today. However, I believe one or two will turn into 10 to 20 baggers over the next 10 years. My overall expectation/projection/hope is for a 4x-6x increase on the total value of the portfolio.We shall see.
Good luck!Do you own Cathie Wood’s ARKG?
I do not own it. Two reasons:--I looked at it, but the selections in that fund span a broader range within genomics whereas I wanted to concentrate more specifically in the gene editing space.--I find her investing style to be a little too momentum and hot-name oriented for me. Its like Heisy is one of her analysts.