The amount of carnage in the future growth stocks is really incredible now. BKSY, for example, is down 50% in just a month and others in my portfolio are down 30%+ in that same time.
I'm looking to trim some current positions to make room for a new pick today.
Trimmed most existing positions to buy AIP @ ~14.86 avg
A great looking chart for this semiconductor IP company, they are gaining marquee clients (including AMD), and I think this could run from here as revenues ramp.
It certainly is but I see no reason for the bull to suddenly have ended right here. The voracity of the rotation caught me off-guard but valuations in all but the largest caps are still rational I think, even in these future growth stocks.
16 comments:
Hi Saleem,
Great AMD trade! Good luck with next pick :)
Stocktrader
Hi Saleem,
The amount of carnage in the future growth stocks is really incredible now. BKSY, for example, is down 50% in just a month and others in my portfolio are down 30%+ in that same time.
I'm looking to trim some current positions to make room for a new pick today.
Stocktrader
Hi Salem & Stocktrader,
Awesome trade with AMD..
Sold ANAB for lost to raise cash.
Simon
Hi Saleem,
Trimmed most existing positions to buy AIP @ ~14.86 avg
A great looking chart for this semiconductor IP company, they are gaining marquee clients (including AMD), and I think this could run from here as revenues ramp.
Stocktrader
Hi Stocktrader,
Good luck with AIP.
Simon
Hi Stocktrader,
Stock market is a landmine, always negative reaction, thus " extreme caution " is required in picking / trading...no guarantee of profit ever....
Good luck with AIP....
Saleem
Hi Saleem,
Trimmed 20% ANAB @ 33.59
Added mostly to AIP @ 13.90
Added small to AEVA @ 10.64
Added very small (basically leftovers) to FATN @ 2.57
Stocktrader
Hi Stocktrader,
Very tough market environment right now but best of luck shifting your portfolio around. Hopefully, our luck will turn green soon.
Simon
It certainly is but I see no reason for the bull to suddenly have ended right here. The voracity of the rotation caught me off-guard but valuations in all but the largest caps are still rational I think, even in these future growth stocks.
I am tempted to sell the whole ANAB to re-allocate into the beaten-down existing positions but I wait for now.
Hi Saleem,
Sold ANAB @ 33.22
Added to existing positions:
AIP @ 13.74
PONY @ 12.78
AEVA @ 10.52
ASPI @ 7.99
OCC @ 7.15
FATN @ 2.37 (tiny again)
Stocktrader
Hi Stocktrader,
Bought GGLL @ $76.85
Bought AAPL @ $271.50
Good luck with bargain add on
Saleem
Hi Stocktrader,
Added 10% TSLL @ $15.50
Saleem
Hi Stocktrader,
Bought BBAI @ $6.50
Saleem
Hi Stocktrader,
Added 75% BBAI @ $6.20
Saleem
Hi Salem & Stocktrader,
Bought TSLA with my little remaining cash.
Good luck to both on more adds and new stocks.
Simon
Post a Comment