Have you guys see ETSY today? I don't see anything in the news but it just broke it's 52 week high multiple times. I ain't complaining!!!

So what's the play when buying more of something when it is on the way up? For example, I buy Stock X at $10/share. It's now at $20/share, but I'd like to buy more. Do you just buy more, or is one of those, I already own it at a lower price, so I'll just buy something else?

General rule is wait for dips to buy. However if you really love the stock and have reason to believe it will continue its climb and you intend to hold long term there is no harm in buying more.

For those that were asking about the PLTR lockup, this is a very well researched piece.

https://www.linkedin.com/pulse/how-play-pltr-lock-up-expiration-dan-ganancial/?trackingId=GEU7E51sSl6o2vIx1iT1yw%3D%3D

Got in ETSY $44.50 on 10/31/19
lot of my customers sell on that platform

I live down the street from Epic. They just bought our local Mall for $90 million with the intent of making it their new head quarters. So there will be some outlay of cash getting that property ready. The mall had a Dave and Buster's in it, and Epic is keeping that open to their employees and the public, so that will be cool.

Anyone have a good recommendation of a good commodities eft?

For those in on Crowdstrike they can’t even get my company signed up as a partner due to demand. Here is the entirety of the email we received.

“Thank you for your interest in becoming a CrowdStrike Partner. To begin the application process, we ask that you fill out all the information on the attached application.

Now I want to be very straight forward with you. At this moment CrowdStrike isn’t actively onboarding new partners. We have hit a point in the program where we have limited resources and we need to focus on our current partners. However, if we can make a case for one to be added then we must show why we believe this prospective partner should be added to the program. The reason we have to build a case is because final approval come from our VP of Channels and he is looking at partners that are willing to bring us into their book of business or can make up front commitments of 10 net new partner sourced opportunities. I’ve provided some questions below that can help me in building that case as to why Technology Management Consulting should be allowed in the program and again if you can provide some up front commitments to help your chances of being approved.

There is another option to be able to resell CrowdStrike. We have just signed a distribution partnership with Synnex. Any prospective customer you may have that is looking to buy CrowdStrike, if you are signed up with Synnex you can work with them to receive pricing and you will have access to our sales and engineering team for support. If you have any questions regarding this process please let me know and I am more than happy to jump on a call and discuss further.”

In the application they are specifically trying to win current Carbon Black and FireEye customers.

Speaking of stock certificates, I have some really old ones from my great great grandfather. Railroad stock, IIRC. I think they're cancelled, so not of any value any more, just kept as keepsakes I believe. I'll have to dig them out some time and scan them.

Never know...might have one of those $100 stocks compounded annually like Frank Meyers in Mayberry

Not an ETF, but I bought into USCI a few weeks back
https://finance.yahoo.com/quote/USCI?p=USCI

I say buy more, there is not any way of telling when or how much something will go down.

Example look at AAPL you could have bought it @ $2.4/share in 2006 (this is split adjusted price) but lets say you missed that and then in 2012 it costs $24/share that's already a 10x stock you would have said you missed the growth but then it's gone up 5x more since then (not even factoring in dividends).

I know this is cherry picking but I know a woman who had Berkshire and it went from $20K to $60K/share and so she sold it thinking it had peaked but now it's $355,000/share.

I watch video from Sven Carlin (Value investor) and he says Buffet always says something like he'd rather get a great company at a fair price than a fair company at a great price. He gives an example that say you missed MSFT when it was IPO and it was 10 cents a share (adjusted for splits) you could have go in at $1/share or $20/share you'd still be making a killing as it's now $240/share

If you have long horizons to invest and like to buy and hold a company, I say buy what you think is great.

Note: this advice might not be applicable if you are just hit and run on a hot stock.

Note to self... never invest on "principle". Was it fun? Yes. Was it $500 worth of fun? No.

If you truly bought it on principle then you'd still be holding it, and so you haven't lost anything (yet).

Buying URNM today - MACD is crossing into positive territory and way above 180 moving day average. Same is true for GRWG, so picking up that as well. GRWG will be a momentum play watching close for a quick exit. URNM will be longer term hold.

Also seems like I made the correct call on dumping PINS last night since it was up 10% in after market trading. Question is do I buy back in today or see if we get a down day in the near future.

Can someone recommend a good ETF to get into now?

ARKG
ARKK
ARKW

Thanks WeirPinball!

Opened a robinhood account when gamestop went crazy, doing some random trading / crypto buying. Following this thread in case there's any hot tips.

Based on the whole wsb broker fiasco, I will be transitioning away from TD Ameritrade. Don’t know if was their doing or Schwabs, but it’s left a real bitter taste in my mouth. Been with them well over a decade and never experienced anything like it.

Was thinking of fidelity since as best I can tell they didn’t significantly change the rules mid game. Plus they handle our companies retirement plans so somewhat familiar with them.

Everyone pretty happy with Fidelity?

I second this, but my personal set and forget ETF mix in the taxable account is ICLN, ARKK, and ARKG.

I've been with Fidelity and E*Trade since the 90s

QQQ and VOO have been great for me.

I use Fidelity and I'm happy with them, they didn't do any funky restrictions with the meme stocks. They have and Active Trader app you can download it you want more detailed tracking that I finally started using in December and find really helpful.

Most of my value is in Fidelity. No major complaints.

Any downsides to switching to TD from RH?

Own GRWG at $3.81
I like it under $40

not sure on PINS - I sold 1/2 my shares when it was in the 60's - so what do i know

I am moving back to Fidelity. I was put into a Schwab account when USAA got out of that game. They halted my GME purchase(did save me from myself) but still dont like the fact they did, so closing that account.

I've had no problems with TD. They didn't restrict buying meme shares. They just upped margin requirements which was no big deal to me.

And nuked the derivative markets. That’s what’s stuck in my craw.

Edit
I need reading lessons!!

I think you misread the post you quoted. They are asking about switching TO Ameritrade FROM Robincrook.

Agreed and yet

6B621295-BA74-4529-9CF2-8E7DF3F2FD13.png

Doh!! Reading is fundamental!! Thx.

Downloaded to post angry reviews. Can't review if you haven't downloaded it

Did you happen to grab ADA earlier this week after I mentioned it? It's up 35% since then.

Unfortunately not. I'm running out of money to throw at investments.

I bought some more GRT after I posted, but no ADA. I was really hoping AAVE was going to pull back, but it just keeps going and going.

Pinball machines or investments. Hard choice am i right?

Touché

It's gonna pop big time.

"It" ? That doesn't exactly narrow down the hundreds of tickers, markets, and cryptos in this thread.

Question for the smart people. That very large dip in after hours, is that a bunch of share being sold short?

Screenshot_20210205-192535_TD Ameritrade Mobile (resized).jpg

Hmm nobody has been able to predict the pinball market popping, look at Stern's and JJP pricing actions, so why do you think anyone can predict the stock market.. could pop this year..or next year...who knows. I'm thinking not this year just do to all the pent up consumer spending that us going to occur.

With new stimulus checks coming and a massive Covid relief bill, plus dropping unemployment rates, dropping virus rates and businesses opening back up, we don't exactly seem primed for a bubble burst.

Confederate bond! Great episode

That is usually an institutional trade.