SMART MONEY IS BUYING UP ALL THE BIG NAMES RIGHT NOW Tesla B...
SMART MONEY IS BUYING UP ALL THE BIG NAMES RIGHT NOW Tesla Boeing, American Airlines, Carnival Cruise Lines even Air China, Eastern China, Nike, AMD, LUCKIN COFFEE, HYATT, NIO
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Violets : makes sense. Good time to get into luckin coffee, Tesla, Shopify etcetera
Trader-101 OP : with out a doubt I can guarantee you that that's what the big guys are doing they're not buying these little biotechs
Trader-101 OP : luckin coffee was 50 per share only 5 days ago and now is around 37
Violets Trader-101 OP : and that is definitely a great long-term. I read an article that there was something like only 20% of the shares left
Violets : I think if AMD goes down anymore I will try and buy some..
Trader-101 OP Violets : they have a conference tomorrow
70069778 : AIM PT raised to 3.00
Violets Trader-101 OP : I bought in July when I read that the gamers were saying that their chip was definitely faster than Intel's.
mrjason2 : Yep... I’ve been invested in AMD and Invidia for a while. Amd average is $16.33 a share and Invidia is $134.44 a share.
Although I took a hard hit since my huge smile on the opening bell Friday. But luckily I stick to the 50% rule on my trading accounts.
When ever a stock doubles in price over a period of ownership... take your base investment out and ride the profit(if you are going to hold a long position)... this way you are playing with house money.
mrjason2 : Although I still think it’s to early to buy the dips on big names. All it takes is one bit of bad news about this virus again... and you’ll be on the high end of the purchase amount.
Although there is a part of me that believes large investors are using this news to push the stock prices down for low cost positions of their own.
It’s a greedy world out there.
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