Share Picks 2021 - Thread banned users post #1

Bought Visa at $200 yesterday. Have no idea how this Amazon fiasco will play out but worth a shot

I'm getting hammered today too on both BABA and Twitter. Still up on both, the great thing about buying cheap. I wonder how low will BABA go. Might buy some more.

I just saw that aswell..I'm bag holding a 40 percent loss at this stage not massive money but still, time to cut losses and jump too?

Not pretty viewing, what kind of positive reasons would a ceo be selling at 52w low share prices if he didn't think it was going lower? Everything in the sector has been taking a hammering though.

At least its giving me a balanced portfolio as my gan losses are wiping out my cloudflare gains. Was tempted to sell both yday as they are making me a little nervous for the opposite reasons.

I had some GAN but fortunately got out when things started to turn.

I think the US gambling story is still intact, but I prefer more pure gambling plays as opposed to gambling product provider companies like GAN.

The whole gambling sector is taking a hammering, right now. I have Draftkings, Penn national and Flutter. Well underwater on all of them.

Anyone else having a bloodbath?

Really annoyed at myself for jumping out of the "safer" stocks about two weeks ago and concentrating my picks down to 23, am sure in the long run it'll be okay but feel a bit gutted to be stuck on: TDOC, PLTR, BABA, FUBO, PELO, FVRR, DKNG as feel like there is definitely a few dogs in this pile.

The couple I shed to focus on growthier names have of course all steadily risen while my portfolio drops

I have massive faith in others that have pulled back that I'm holding like DOCU, CRWD, PYPL, MELI just feel like I should pause for a few weeks rather than keeping up the DCA'ing

With my first proper 12 month of investing coming around in Feb I expect to be down, shouldnt really matter as I'm planning on holding for 5+ years but its just a psychological box I wanted to tick especially after being up around the 10% for nearly all of the last 9 months

It any little downwards bumps since start of the year I kept jumping to buy a little more to lower average, still have a bit of cash on the sideline but maybe might let the knife fall as they say. Seems my little exercise of trying not be a mini mutual fund (I was in 45 stocks) came at the worse time possible

Yeah, Degiro appears to be down. Very frustrating just watching Asana in freefall...and I can't get out of it.

I'm surprised to see PYPL dump so hard.

Curious why you believe in them so much? Or you don't think there are better opportunities available? The last year hasn't been kind to them at all

Thinking of getting into it at the first sign of a bounce

You've obviously done more research than the rest of us on them, and I admire your conviction, but don't be blinded by your conviction.

Big companies have gone bankrupt or disappeared in the past. It's not impossible for BABA to never go back there.

I'd never go 40% into one position personally, the risk of one company wiping out 40% versus the potential gain isn't worth it IMO. Not when every stock in the market has been on a tear

Ouch, no I'll vote with shedite here, theres conviction and there's doubling down on a stock that has been on a horrible downtrend with more downside potential still, while the main indexes are all at ATHs and ready for a 15 or 20% pullback. I'm very heavily exposed to NIO who are in not too much a different area to baba (just more in bed with the ccp so less likely to face the wrath similarly to baba and jack ma), but in any case I'm certainly not going to double down with NIO, and risk catching a falling knife. There are times to be brave and trust your blind conviction, but I really don't think now is the time, I'll happily leave gains on the table with NIO to play it safe here.