Ty21 Posted November 8, 2021 Share Posted November 8, 2021 FOMO is straight up mental illness for me, when I’m in it and don’t pull the trigger on something I want and notice it would’ve netted me x amount I go crazy so I’m glad I’m not a participant at all anymore and don’t really plan to be. Haven’t touched any stocks since March but I pulled out half my original investment and my stock value is still as much as my original investment was. Kinda fun checking on it every month or so and see how it’s still growing but I’m happy I’m not in the game anymore. I never once lost any of the money I put in, but I definitely didn’t play it as cutthroat as I could’ve. Quote Link to comment Share on other sites More sharing options...
Shockwave Posted November 9, 2021 Share Posted November 9, 2021 On 11/4/2021 at 12:10 AM, resilient part 2 said: Never thought to look in here.. I am no stock expert, But have invested heavily in Tesla stock for years for no other reason than my belief that electric Cars will take over fossil fuel cars one day. So using that philosophy on EVs, Rivian is due to go IPO Nov 9. Rivian which is backed by Amazon's deep pockets (they claim) seems like a good bet. While I do not know the overall history of most Big companies that first went with an IPO, my memory of some is it is frequently very good in that IPOs at least initially go up. Perhaps because of some early hype/momentum. Any opinions or Info on Rivian stocks potential I'd be happy to hear it. The EV market scares me because it's getting so flooded and so many have been pumped up and tanked (WKHS, NKLA, NIO, RIDE). But being backed by Amazon and Ford makes this quite interesting. I took a nasty hit with NKLA back when it was being hyped and it was backed by GM. Then the deal fell through because Trevor Milton is a pos and was basically lying the entire time. That said everything I've seen with Rivian in regards to the numbers and outlook looks on the up and up...except... the actual trucks. They look absolutely hideous to me 🥴 2 Quote Link to comment Share on other sites More sharing options...
Mox Posted November 9, 2021 Share Posted November 9, 2021 On 11/8/2021 at 9:02 AM, Ty21 said: FOMO is straight up mental illness for me, when I’m in it and don’t pull the trigger on something I want and notice it would’ve netted me x amount I go crazy so I’m glad I’m not a participant at all anymore and don’t really plan to be. Haven’t touched any stocks since March but I pulled out half my original investment and my stock value is still as much as my original investment was. Kinda fun checking on it every month or so and see how it’s still growing but I’m happy I’m not in the game anymore. I never once lost any of the money I put in, but I definitely didn’t play it as cutthroat as I could’ve. FOMO ***** slapped me this year. Hit me with GME, AMC, and some Crypto. Completely passed on DWAC because I had had enough. Thankfully, my portfolio is up like 25% overall so I'm more annoyed than mad. Quote Link to comment Share on other sites More sharing options...
MacReady Posted November 10, 2021 Share Posted November 10, 2021 Speaking of FOMO, DSCR is the only one I suffered badly on. And I lost 500 dollars on it. But I count that 500 dollars as gain because it made me swear off penny stocks. Quote Link to comment Share on other sites More sharing options...
resilient part 2 Posted November 10, 2021 Share Posted November 10, 2021 21 hours ago, Shockwave said: The EV market scares me because it's getting so flooded and so many have been pumped up and tanked (WKHS, NKLA, NIO, RIDE). But being backed by Amazon and Ford makes this quite interesting. I took a nasty hit with NKLA back when it was being hyped and it was backed by GM. Then the deal fell through because Trevor Milton is a pos and was basically lying the entire time. That said everything I've seen with Rivian in regards to the numbers and outlook looks on the up and up...except... the actual trucks. They look absolutely hideous to me 🥴 appreciate this feedback... and agree on current trucks.. 1 Quote Link to comment Share on other sites More sharing options...
Ty21 Posted November 16, 2021 Share Posted November 16, 2021 LUCID is blasting off today, I’ve made $500 today alone and $1700 overall off it since investing $500 in it in like February. I’m not active in trading anymore but have been checking cause I’m looking to potentially cash out and bail before everything crashes. Quote Link to comment Share on other sites More sharing options...
resilient part 2 Posted November 17, 2021 Share Posted November 17, 2021 On 11/9/2021 at 2:05 PM, Shockwave said: The EV market scares me because it's getting so flooded and so many have been pumped up and tanked (WKHS, NKLA, NIO, RIDE). But being backed by Amazon and Ford makes this quite interesting. I took a nasty hit with NKLA back when it was being hyped and it was backed by GM. Then the deal fell through because Trevor Milton is a pos and was basically lying the entire time. That said everything I've seen with Rivian in regards to the numbers and outlook looks on the up and up...except... the actual trucks. They look absolutely hideous to me 🥴 I am kicking myself for not following through on my instinct. I don't know how long Rivian will be profitable or not, but the buzz or hype about this EV company seemed different than the others. since the IPO they have jumped and estimated 70% in a matter of a few days. meanwhile another similar stock I feel asleep on is Lucid. 121% in a month.. I was too content in my Tesla profits that I failed to properly research others.. My eyes are now wide open. Quote Link to comment Share on other sites More sharing options...
biggie. Posted November 17, 2021 Share Posted November 17, 2021 On 11/8/2021 at 9:02 AM, Ty21 said: FOMO is straight up mental illness for me, when I’m in it and don’t pull the trigger on something I want and notice it would’ve netted me x amount I go crazy so I’m glad I’m not a participant at all anymore and don’t really plan to be. Haven’t touched any stocks since March but I pulled out half my original investment and my stock value is still as much as my original investment was. Kinda fun checking on it every month or so and see how it’s still growing but I’m happy I’m not in the game anymore. I never once lost any of the money I put in, but I definitely didn’t play it as cutthroat as I could’ve. This is why a lot of financial advisors say set up auto investments on reliable ETFs like VOO, VYM, QQQM, etc. and DO NOT CHECK YOUR BROKERAGE CONSTANTLY. Quote Link to comment Share on other sites More sharing options...
Ty21 Posted November 17, 2021 Share Posted November 17, 2021 1 hour ago, resilient part 2 said: meanwhile another similar stock I feel asleep on is Lucid. 121% in a month.. I’ve been in Lucid since January at $15/share. 2 Quote Link to comment Share on other sites More sharing options...
Shockwave Posted November 17, 2021 Share Posted November 17, 2021 8 hours ago, resilient part 2 said: I am kicking myself for not following through on my instinct. I don't know how long Rivian will be profitable or not, but the buzz or hype about this EV company seemed different than the others. since the IPO they have jumped and estimated 70% in a matter of a few days. meanwhile another similar stock I feel asleep on is Lucid. 121% in a month.. I was too content in my Tesla profits that I failed to properly research others.. My eyes are now wide open. I've daytraded RIVN a few times over the last week. The volatility in it has been great. It's inevitable that it will come crashing back down to Earth here eventually and will give you an opportunity to enter. The current market cap is higher then Ford... 1 Quote Link to comment Share on other sites More sharing options...
PARROTHEAD Posted November 19, 2021 Share Posted November 19, 2021 Just noticing. Whats going on with this Disney drop? 176 on Nov 8th, 153 now. Quote Link to comment Share on other sites More sharing options...
Shockwave Posted November 19, 2021 Share Posted November 19, 2021 On 11/16/2021 at 10:07 PM, resilient part 2 said: I am kicking myself for not following through on my instinct. I don't know how long Rivian will be profitable or not, but the buzz or hype about this EV company seemed different than the others. since the IPO they have jumped and estimated 70% in a matter of a few days. meanwhile another similar stock I feel asleep on is Lucid. 121% in a month.. I was too content in my Tesla profits that I failed to properly research others.. My eyes are now wide open. Ford, Rivian dump plans to jointly develop a Ford electric vehicle (yahoo.com) Does Ford backing out of the deal to coproduce a vehicle change your perspective of the company? Reminds me alot of NKLA and GM. Quote Link to comment Share on other sites More sharing options...
resilient part 2 Posted November 20, 2021 Share Posted November 20, 2021 17 hours ago, Shockwave said: Ford, Rivian dump plans to jointly develop a Ford electric vehicle (yahoo.com) Does Ford backing out of the deal to coproduce a vehicle change your perspective of the company? Reminds me alot of NKLA and GM. Yeah I noticed.. I was only confident in the initial hype. My staying with Tesla is still where I feel better long term. 1 Quote Link to comment Share on other sites More sharing options...
kingseanjohn Posted November 22, 2021 Share Posted November 22, 2021 GME up ~69% over the last month. 1 Quote Link to comment Share on other sites More sharing options...
Shockwave Posted November 22, 2021 Share Posted November 22, 2021 That was a nasty Nasdaq selloff into the close. Wonder if tomorrow is going to be bloody... Quote Link to comment Share on other sites More sharing options...
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