Hey Nerds: Blockchain

[CH1]

My sole shrrooooom stock CYBN threatening to jump over it's all time high

 

[CH1]

shit...I'm upset for missing SNAP as well

 

[Preston]

shit...I'm upset for missing SNAP as well

Most obvious setup ever. Mother fucker

 

[LeafOfFaith]

I haven't bought or sold anything in months. Feeling like I've abdicated a certain responsibility that I owe myself.

 

[CH1]

boring close....sold the rest of my FSLY (the trading portion)

will try it again with because I think it's ready to fly

 

[Deckie007]

boring close....sold the rest of my FSLY (the trading portion)

will try it again with because I think it's ready to fly

Any reasons why? I know it's a stock you've talk about a bit

 

[Preston]

Any reasons why? I know it's a stock you've talk about a bit

Don't ask why and just fucking buy you pussy.

 

[CH1]

Any reasons why? I know it's a stock you've talk about a bit

Long term -- I love the cloud space
Short term -- chart set up

 

[LeafOfFaith]

Don't ask why and just fucking buy you pussy.

That was my approach to the pot stocks, and boy what a move that was.

 

[CH1]

That was my approach to the pot stocks, and boy what a move that was.

In fairness you were a pussy about it for over a year... you can’t complain about not getting lucky when you show up at a party at 3am.

the good news is that YOU’RE EARLY FOR THE NEXT RAGER

 

[LeafOfFaith]

I can complain. Can and will.

Where do I get my refund??

 

[LeafOfFaith]

Only two holdings I'm red on in my portfolio. TWO.

 

[Preston]

Only two holdings I'm red on in my portfolio. TWO.

These are stocks that will give you a years worth of gains in a month. And the rest of the year will suck balls but if you're in it for that month or two you're golden.

Other than last year. We got a years worth of gains every month from April on last year. But that was an anomoly. Election years always result in that. We sent the warning!!!!

 

[LeafOfFaith]

So you guys still hold the same conviction as ever in these plays, or cooled off a bit.

I'm down enough that I'm considering buying some more to lower my price. It's just so disgusting and I'm not all that excited about it.

 

[Preston]

I've got more conviction now than I did when these were soaring in February personally. They blew their load too early and it was an irrational market across the board.

I'm in it with conviction until I see red flags on the business models. Second I do, I'm out. But if you don't have that conviction I wouldn't force anything because then ch1 and I will take the brunt of the blame and we don't want that!!!!

I put in the work. I'm capable of reading how these stocks behave so I'm very active in my management. I'm confident that eventually the 700-800% I made last year goes well into the 4 figures. But nothing is a lock in life and there are still a lot of headwinds involved!

 

[CH1]

I’m more convinced at these prices then ever.

The sector paid me well last year....and it will pay me well again in the future. just waiting...

Of course, like Presto said, things can change on a dime given the regulatory framework.

 

[Deckie007]

Long term -- I love the cloud space
Short term -- chart set up

Hmm, from looking at the chart, I'm thinking a close above the huge gapdown in May might be a nice entry point. Like $62?

 

[CH1]

Not an exact science of course, but I'm using the recent box range for a potential breakout..I might lighten up at 62

 

[Deckie007]

Not an exact science of course, but I'm using the recent box range for a potential breakout..I might lighten up at 62


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Yeah, $62 is a bit more of a conservative long time play. I'm thinking a $61 call looking for a gap fill would be a shorter term idea.

 

[CH1]

Sure....I'm already long in my main account. It's one of my fave tech stocks. Obviously there's execution/competition risk but as I posted a few weeks ago, this was very bullish

my FSLY is responsible for a major internet outage last night but stock is up > 6% because ironically enough, investors now fully realize how important the company has become.