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re: Stocks on your watch list

Posted on 11/9/20 at 1:59 pm to
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 11/9/20 at 1:59 pm to
This stupid arse market doesn’t make any sense. It’s almost 100% spray and pray.
Posted by kengel2
Team Gun
Member since Mar 2004
31046 posts
Posted on 11/9/20 at 2:16 pm to
Ya, I was all ready to buy, but my watchlist was like christmas.

Half the stuff was being sold and half going up. Didnt know what to do so Im just waiting until I can dig a little deeper.
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2134 posts
Posted on 11/9/20 at 2:19 pm to
Pins taking a beating today, but should be temporary. Everything else I have doesn’t look too bad
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 11/9/20 at 2:40 pm to
quote:

SHOP


Still tempted?
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 11/9/20 at 2:44 pm to
Yea, the covid/tech stocks getting hammered is so dumb. Covid isn't going anywhere.
Posted by kengel2
Team Gun
Member since Mar 2004
31046 posts
Posted on 11/9/20 at 2:54 pm to
SNOW is down to 240. When is the time to get in this?
Posted by thejudge
Westlake, LA
Member since Sep 2009
14104 posts
Posted on 11/9/20 at 7:13 pm to
Getting in tomorrow
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4214 posts
Posted on 11/10/20 at 5:52 am to
quote:

cgrand


Are you still looking at NLS?
Posted by cgrand
HAMMOND
Member since Oct 2009
39082 posts
Posted on 11/10/20 at 6:03 am to
I bought it right before the close yesterday at 22 ish
Posted by reds on reds on reds
Birmingham
Member since Sep 2013
4214 posts
Posted on 11/10/20 at 6:07 am to
10-4. Might add some today
Posted by TheChosenOne
Member since Dec 2005
18544 posts
Posted on 11/10/20 at 7:58 am to
At this point in NLS, you're putting faith in their management to evolve NLS into a modern, connected fitness powerhouse. Thanks to COVID, they will be flush with resources to do it and they have the name brands and in-roads to do it, now it's just execution.

I also started a position yesterday at 20.
Posted by Ford Frenzy
337 posts
Member since Aug 2010
6876 posts
Posted on 11/10/20 at 8:56 am to
I do not understand the huge tech sell off, I get some of it with the vaccine but a lot of these stocks won't be affected too much like TTD, FSLY, and even Amazon
Posted by dltigers3
Collierville, TN
Member since Jun 2010
2134 posts
Posted on 11/10/20 at 8:59 am to
I know, I can’t imagine why Pinterest is having a huge sell off... people acting like a vaccine is going to have us back to normal tomorrow. It will be at least 6 months before the vaccine is distributed enough to make a difference
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 11/10/20 at 9:30 am to
Yea, this is bad. I am losing a lot between yesterday and today. It better get it's shite together.
Posted by audioaxes1
Member since Jul 2019
233 posts
Posted on 11/10/20 at 9:30 am to
I'd say NLS has some more bottoming out to do with vaccine news dampening the whole pandemic hype and now them issuing a shelf offering. Wouldnt surprise me to see it slip below $15 in the coming weeks.
Posted by FMtTXtiger
Member since Oct 2018
3787 posts
Posted on 11/10/20 at 9:37 am to
It’s going to be a year before it hits regular population.

These roll outs are not going to be just US.

About to buy more Amazon and pins.

Worried about Zm and Fstly
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 11/10/20 at 9:39 am to
I'm worried about everything. You almost want to stop the bleeding.
Posted by Eric Nies Grind Time
Atlanta GA - ITP
Member since Sep 2012
24941 posts
Posted on 11/10/20 at 9:44 am to
I guess cases being at an all time high suddenly doesn't matter anymore.
This post was edited on 11/10/20 at 11:30 am
Posted by cmlsu
Baton Rouge, LA
Member since Aug 2011
659 posts
Posted on 11/10/20 at 9:47 am to
quote:

Worried about Zm and Fstly



I would be more worried about these individual tech stocks dropping if the entire tech sector was t dropping. Since it is, it appears there’s just some redistribution going on for the months to come.

Also, keep in mind the next round of earning reports. These tech stocks are going to crush after holiday spending etc. Tech stocks aren’t going anywhere.
Posted by Tigerfan56
Member since May 2010
10521 posts
Posted on 11/10/20 at 9:54 am to
All the tech stocks and the talk about how "market has it wrong, COVID isn't going anywhere".

I agree with half of that sentiment. The market certainly has it wrong. But it isn't because COVID isn't going anywhere. COVID will eventually go away. What I think the market is underestimating is the permanent shift to technology that we will see when the dust settles on COVID and everything is 100% back to normal. The ease and simplicity enjoyed during COVID that technology brought people isn't going to be something everyone suddenly abandons - that pandoras box is open and behaviors will change permanently because of it.

That is what I am betting on. And I will load up on more of these tech stocks this week during the dip - because the market seems to view them as diminishing values as we start to see the light at the end of the tunnel with COVID. I don't think these tech companies are going anywhere or contracting. We will see...
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