Worst Trade of the Year $CYBR
At this point I am not sure why, but I felt paralysis. I couldn't do anything but stare and do nothing. Haven't felt like that in a trade, winner or loser, in years. I guess, sometimes, I need a kick in the teeth to get me back where I should be. I know nothing. Anything is possible. This is game of odds and probabilities. (For the record, hit a hot key 3x)
I can only assume I will be stopped out tomorrow. At least I didn't move my stop right!?
Most valuable advice ever given.
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cubbiebears: typically i will only own 3-4-5-6 stocks and then own them in a big way.....
cubbiebears: i have been essentially 200% long tsla gpro and mbly
ely: the mov ein mbly and gpro are nothing compared to what it cld do after a htf
jwhitcraft: When did you make your first buy in MBLY?
cubbiebears: i took off 20% of the mbly and gpro yesterdaycubbiebears: i bought back the mbly today at 53.6ishjwhitcraft: So 200% margin...equal third in TSLA GPRO and MBLY?jwhitcraft: Or like 100 and 50 50
cubbiebears: i am prob 100% tsla and 50% the other 2
jwhitcraft: Thank s tons cubbie...helps me understand enormouslly!cubbiebears: i am not always right but when i am right i want to be right in a big way
cubbiebears: i bought mbly at 40
jwhitcraft: Ahhhh...
cubbiebears: gpro like 46-48cubbiebears: one thing else to sort of understand
cubbiebears: we are very very small players in here....there are a lot of large players who have missed a stock like mbly so they waiting for a set up now......cubbiebears: i talked to 2-3 guys who can't get in and will be fine catching it from 70-150
JT: Cubbie very important what you just said there. We are so early to stuff that sometimes we trip ourselves up thinking the move is over.
cubbiebears: ok jwhit if u have questions fire away i have a few mins
Caccavale: cubbie I saw you mention taking GPRO off the watchlist or else you might do something stupid if watching it constantly. I took that advice since I do a lot of stupid things and it really helped me sit through that downgrade on GPRO. So thank you for that.
JT: When in fact it takes these funds MONTHS to get in what we do in a few minutes.cubbiebears: a friend of mine manages a small cap fund for roppel and she is doing a study on these ipos which i will share at some pointcubbiebears: we dont need a study to know u just have to try and sit
Englebrecht: Cub-what would be your basic sell rules on MBLY?
MJ12: pur[pose of the study? to find out how far and long the best of them can travel?cubbiebears: by starting w a massive position and then trimming u have locked in a lot of profit and then i try to have a "normal" position by the time it starts to correctcubbiebears: money mangagement is really the key to everythingcubbiebears: anyone can pick stocks and read charts
Englebrecht: Cubbie-How did MBLY get on your radar b4 you bought it?
ely: twtr?cubbiebears: probably some knucklehead in here
JT: And one thing on the weekly MBLY and ALL powerful Ipo names is the FIRST Week's CLOSE. 37 was the price on MBLY.cubbiebears: i run an ipo scan in mktsmith
GVGOLF1: Cubbie, on the sell side. You bought first postion 46-48. What if it goes down? 43,42,40 etc?
GVGOLF1: Cubbie, on the sell side. You bought first postion 46-48. What if it goes down? 43,42,40 etc?
John: Don't think it should impact price of TWTR do you?
cubbiebears: i would never give it that much room
GVGOLF1: How much room???
cubbiebears: usually when i am right i am right from the startdevanebb: cubbie once 20% correction ensues what will you be looking for to re-enter
jwhitcraft: Critcial statement...when I'm right...I'm right from the start!
cubbiebears: not really looking to re-enter something that deepcubbiebears: the best stuff doesnt come in like thatcubbiebears: i am then looking for the next stockcubbiebears: for example...i am not the guy looking to re-load on something like VIPS here
John: MBLY equipment is only in 2% of all cars sold globally today, but that should substantially increase in the future.
cubbiebears: i am on to the next best moverely: to me mbly is a hold tight and sit