Who's Buying the Dip?

[AXE]

.........or the plunge as it may be. I think this is driven mostly by the tariff fears and all the hype. However, I think we're due for a decent pullback either way because market fundamentals haven't been strong for 6 months.

I bought a couple stocks to keep accumulating for the long haul. It's hard to know when things will bottom, so I make some smaller buys along the way and try to get a decent average. Sometimes they are small and quick and sometimes they are more sustained, but there's always a deal to be had during a sell off.

I've decided after the 2000 and 2008 plunge I would always keep some cash on hand for these sell-offs. It's proven to be a decent strategy and once they run up again and I can make a decent return, I'll sell and build a little cash reserves again.

Probably gonna shake out over a few months. We'lll see what happens by September.

 

[ZR2xBIZON]

I just invested in a butt load of CircuitCity and BlockBuster stock I'll cash it into Bitcoin after my GlowUp

 

[jruck]

I just invested in a butt load of CircuitCity and BlockBuster stock I'll cash it into Bitcoin after my GlowUp

I’m with you…. I’m all in on Radio Shack and Redbox.

 

[AXE]

I just invested in a butt load of CircuitCity and BlockBuster stock I'll cash it into Bitcoin after my GlowUp

Pink sheets or what?

 

[AXE]

I'm buying some crypto too. That phony shit trades with stocks now, so it's the same game. You can easily pick off $500 here and there on that garbage.

Lately, I've traded some $XRP, $SHIB, and $DOGE.

 

[wutang61]

Knee jerk reaction as typical. Hold and continue to DCA.

 

[geddyflea]

I held on to my Amazon stock but probably should have sold it a couple of months ago. Like you, I had some cash put back for just this occasion. I put some of it in Sony, and of all things, GM . I'm in it for the long haul.

 

[AXE]

I held on to my Amazon stock but probably should have sold it a couple of months ago. Like you, I had some cash put back for just this occasion. I put some of it in Sony, and of all things, GM . I'm in it for the long haul.

That's exactly why I sell at least a portion of my winners. The market is so back and forth, you can always grab it again and repeat. I'm trading out of tax deffered accounts, so that doesn't affect me. Except crypto, they sent me a 1099 for last years winnings, so I had to report that. Need to trade that in a different account, but I'm not particularly savvy on that shit just yet.

 

[ZR2xBIZON]

Pink sheets or what?

Any color as long as they're silk. Dermatologist approved for me

 

[AXE]

Bought the double dip today.......JFC its a bloodbath right now. The algos are really shaking out the guys that bought heavy on margin. Gotta be more than one dude that jumped out the window so far. Cash is king, hogs get slaughtered! I love this shit, when everything gets wrekt!

 

[AXE]

@ZR2xBIZON are you in on this fucking racket? I never did, but regret the opportunity because it gave a big middle finger to Wall Street hedge funds and short sellers!