Even though I think this stock is undervalued at this moment, it is *not* one of my long term thesis ideas, and so as I have repositioned generally here, I sell it today.
Bought RZLV @ 2.99
I've been watching this stock since I sold, and it has shown good relative strength even as some other "hot" stocks lagged (see AEVA BKSY). As the 50 DMA looks to cross above the 200 DMA, we'll see if the momentum grows. A recent initiation by an analyst pegs the PT at 8.50 with commentary that checks indicate the company has one of the best 2-3 e-commerce technologies right now.
Added to FATN @ 5.60 as I think the street has not found this company yet and the business momentum should grow significantly from here as the influx of IPO cash starts to work.
Added small to SYSS @ 11.10 on unusual random up days (and it was underweight everything else).
Hi Saleem,
ReplyDeleteNice AMD buy on the dip!
Sold MGNI @ 22.16 as long term story is questionable even as medium term looks okay.
Bought PONY @ 14.74 on deepest robotaxi penetration anywhere in the world.
This is part of a portfolio shift to long term ideas which investors are broadly favoring over and over.
Stocktrader
Hi Salem & Stocktrader,
ReplyDeleteGood luck with AMD and PONY.. I bought my remaining fund on AMD & PONY as well :-)
Simon
Hi Stocktrader &Simon,
ReplyDeleteBought LULU.NE @ $8.57 in Toronto.
Saleem
Hi Stocktrader & Simon,
ReplyDeleteGood luck with PONY & AMD
Saleem
Hi Saleem,
ReplyDeleteGood luck with LULU!
Hi Simon,
Good luck with AMD and PONY - both acting well today!
Stocktrader
Hi Saleem,
ReplyDeleteSold III @ 4.25 avg
Added to BITU AEVA BKSY CVCO PONY
III was not a core holding and so I sell it on earnings day when the liquidity is a little higher, and then add to my long term ideas.
Stocktrader
Hi Saleem,
ReplyDeleteSold DAVE @ 184.51
Even though I think this stock is undervalued at this moment, it is *not* one of my long term thesis ideas, and so as I have repositioned generally here, I sell it today.
Bought RZLV @ 2.99
I've been watching this stock since I sold, and it has shown good relative strength even as some other "hot" stocks lagged (see AEVA BKSY). As the 50 DMA looks to cross above the 200 DMA, we'll see if the momentum grows. A recent initiation by an analyst pegs the PT at 8.50 with commentary that checks indicate the company has one of the best 2-3 e-commerce technologies right now.
Added to FATN @ 5.60 as I think the street has not found this company yet and the business momentum should grow significantly from here as the influx of IPO cash starts to work.
Added small to SYSS @ 11.10 on unusual random up days (and it was underweight everything else).
Stocktrader
Hi Stocktrader,
ReplyDeleteGood luck with RZLV plus other add-on’s
Saleem
Hi Stocktrader,
ReplyDeleteBought SMCI.NE @ $14.86
Saleem
Hi Saleem,
ReplyDeleteGood luck with SMCI rebuy!
Stocktrader