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What other tech stock to consider?

Discussion in 'TSLA Investor Discussions' started by Sanny, Jul 10, 2013.

  1. ckessel

    ckessel Active Member

    Joined:
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    Yea, incredibly rough. Most of my top 5 holdings have dropped 10-20% every single day for over a week now. I'm at 40% portfolio losses for the year. NNDM -50%, ARKG -30%, ABML -50%. It doesn't get any better with the smaller holdings, ONTF -30%.

    Berating myself heavily. 2 weeks ago, I considered dumping everything into low risk dividend stocks (which have been fine these last 2 weeks) as I think I had enough to retire. As of today, I'm years away from retirement again. Feels very much like how I felt looking at my accounts in March 2020.
     
  2. Ocelot

    Ocelot Member

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    Canada
    I should of listened to my gut a few weeks ago. I was looking for stocks to buy, and of course reading this thread. One of the things I always do, is check what the 52 wk low is before buying. I literally could not find one stock out of around ten or so I checked that was not significantly multiples above their low. Did all these companies have major advances during the last year?
    Anyhow ABML still up 50x the low (0.028). Hope note, but might have a long way to fall yet.
     
  3. Xepa777

    Xepa777 Member

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    California
    I have not sold a single share of ABML. I actually spoke at a UPenn startup engineering conference this Wednesday, and in my coffee chats afterwards was surprised to hear that most of the environmental engineers at the school have already heard about the company and knew quite a bit about the upcoming battery shortage we're going to face globally. Kids are so damn impressive nowadays.

    Also, basically all of them equally stressed carbon capture technology as well. Also great to hear.
     
  4. ckessel

    ckessel Active Member

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    #3704 ckessel, Mar 5, 2021 at 9:22 AM
    Last edited: Mar 5, 2021 at 9:28 AM
    Yea, not selling. No real point, if I thought it was worth it before, it's certainly worth it now. There's been basically no news on any of these stocks, other than SENS ER yesterday. It's just been a general week long crash across everything remotely volatile in my portfolio. Doesn't even seem sector specific, BIDU has also been hammered, though not as severely. Nothing to do but blow on the embers and hope they relight someday.
     
  5. golfcart

    golfcart Member

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    The 757
    I sold the last of my ABML at $2.50 though I plan to buy back in when things settle down. It’s tough to call the bottom, and I’ll probably miss it, but I couldn’t stand losing 20% a day anymore.

    I think this is as much about growth stocks getting hit as it is green sector specific. Interest rates go up and those companies look a lot less attractive.
     
  6. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    The two available and still unassigned SPAC funds from Chamath are down quite a bit the last few weeks if anyone was looking for entry. IPOD($11.66) and IPOF($11.33).

    I took his selling his entire personal Virgin Galactic position as a positive for my hopes of a Starlink SPAC merger hitting one of these funds.
     
    • Informative x 1
  7. TheTalkingMule

    TheTalkingMule Distributed Energy Enthusiast

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    I don't think the wider universe understands Albemarle yet. Even in 2015 when they acquired Rockwell, at the time the #1 lithium mining operation, nobody even blinked. The fact that no one saw equal or god forbid higher value in owning the the top lithium play was shocking to me at the time.

    This one might just have to be held onto until the real dividends roll in. God forbid! Today it's sitting precisely at it's previous highs of 2017. Probably an over-correction.
     
    • Funny x 1
  8. Cosmacelf

    Cosmacelf Well-Known Member

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    Just to avoid confusion, we were talking about American Battery Metals (ABML). You are talking about Albemarle (ABL). Carry on.
     
    • Like x 2
  9. Featsbeyond50

    Featsbeyond50 Member

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    Washington
    Just to avoid confusion, Cos is talking about Albemarle (ALB) not Abbot Labs (ABL). LOL
     
    • Funny x 3
  10. Cosmacelf

    Cosmacelf Well-Known Member

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    Oh geez :oops:
     
    • Funny x 2

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