ROKU - The reason I'm not active on social media is so it doesn't distract my investing. People tend to push their views on each other --- they call it their platform nowadays. I tend to allow data, research and science do the talking. For example, I wrote a post back in March about how we needed to aggressively defend against the virus. When it was clear our administration had no interest in taking the prudent steps I saw other countries taking, I didn't go Batman and start yelling on social media. I told my community to invest and go in Robin mode. Robinhood that is, we invest in things that unfortunately will benefit in this tough environment. Invest and then plant seeds in your community.
Roku hit a low of high $50s and now just topped $250 after it reported earnings on Nov 5th. Just a few days ago this stock was touching $200, see the red highlight below.
I have been speculating, guilty as charged, placing additional bets this stock wouldn't go parabolic before it reported earnings. It was a tight window and the trade worked beautifully. I saw a trend yesterday and pulled out after making over $5.5K in about a month on this stock. I'm glad I did b/c you could see this trending higher in the graph above. I put the trade on and took the trade off @ 3:59 yesterday, 1 minute before the market closed! It would not have gone well if I held on until today as the stock has gone parabolic baby!!! Not advised for rookies but how you play both sides as I actually own the stock as well and benefiting from this ride up. Here's that trade, time to find another trade to make:
Stock Purch Date Sold Date Gain % Gain
CRONOS - Legalized marijuana was on the ballot in roughly 5 states. Again, I don't judge I just bet on the direction that the people's will is taking them. #countthevotes
Trust me people are moving to medical and personal marijuana use and less collateral damage on communities of color because they were in the past getting locked up for selling something that may not be legal. Cronos is up 20% and do to the % short (or ppl betting against this stock) there will be a party to get out of that trade leading this stock and other MJ stocks higher.
COLLECTORS UNIVERSE Thank you Warren for teaching me patience. I've owned this stock at least since 2008. Through the good and the bad I've held with strong conviction and received a healthy dividend and now I'm reaping the benefits of the growth or appreciation. Congratulations Collectors you are my first ever 10 bagger as billionaire investor Mario Gabelli often says. This stock have increased over 10 tenfold for me and proof as to why we should defy labels, boxes, and barriers!!!
I'm investing my way out and teaching other people that look like me how to do the same. Just this year alone you could have been up over 700%, and the reason I know this is because I added this stock this year to my 401K plans and advised others who added it to their portfolios.
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