adjective
having or showing dogged determination not to change one’s attitude or position on something, especially in spite of good arguments or reasons to do so
My UPST purchases this week:
1/17 $109.18
1/19 $104.95
1/20 $114.27 (head fake FOMO)
1/20 $105.87
1/21 $101.41
1/21 $ 98.99 (blue light special on aisle 22)
1/21 $ 95.98 (clearance bin at TJ Max)
Historical data:
March 2020 -12.6% month over month
March 2021 - 5.5% month over month
January 2022 -22.7% month over month
Currently 48.8% below all time high.
Currently +44% in actual $'s from March 2020
Currently +65% adjusted for RMD's from March 2020.
I don't think I have ever been cut in half, even 2001,2008/2009, or....
KC
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I don’t think I have ever been cut in half, even 2001,2008/2009, or…
KC
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UPST is your nemesis, no doubt.
Feels like how ESTC was to me. Kept my interest with a few pops here and there. Numbers always indicated stock should skyrocket “soon”. And then it got crippled in a massive drawdown (Covid March 2020 drop).
Ironically, the pre-covid price to ESTC was about $73 or so. Which isn’t too far off prices in early 2019, and it popped to $100, showing the potential, peaking about July 26th or so in 2019. And that was going to be my big winner in 2020. Covid turned it into a broken toy.
ESTC then zoomed up to $160 or something stupid in 2021. My original goal was $70 to $120, I think for 2020.
ESTC today? Low $80s. Holy zamboni, batman.
Don’t even get me started on IQ. At least I made a killing on that one. Practically a penny stock.
Good ol’ TTD breached $60 today, I think. If that gets into $40s, I would be paying attention.
I feel for ya, KC.
Dreamer
I am not alone. From Bert today, commenting on last week’s results:
The market for high-growth shares stabilized a bit on Friday, but overall, our high-growth portfolio lost 6% and its index value now stands at 87. That’s a 37% drop from the peak value of the portfolio that was reached in early November.
So the somewhat-value-oriented Bert was down 37% from ATH a week ago.
KC, 15% cash
DW is 33% cash. I think it is time to put most of that into the market.
She is down 29.7% from her ATH and she has 23 positions including restaurants, OKE and SPG. Starbucks was up yesterday, a pixel of green.
KC