I sold my only loser this year, DIS, and YOLO'd 5k in to PLTR, it was like printing money. Got tired of doing slow buy ins to JETS. If you are lookitfor a slow but almost guaranteed play, you can't go wrong with JETS. Every 2 weeks I drop my 401k $$ into more shares.
Yea, exposure to the overall airline industry which got hammered in March. The day that I saw that Warren Buffet liquidated his airline positions in March after buying more in February was also the bottom of the airline indexes. They've been crawling up ever since. I'm up 50% ytd on my position, not quite PLTR but I don't think anything ever will be.
I also liquidated DIS this year based on weak management decisions ON TOP OF their forced closures. If I had more confidence in the two Bobs, I would have held on, but given 1) their lack of creativity in their merchandisable IPs ( i.e. "Woke" marketing is the cheapest way of keeping your job, but its ROI is awful) and 2) abundant reports of in-fighting within Lucasfilm/Marvel indicate that Disney has lost sight of its fundamentals and lacks coherent vision.
I sold my only loser this year, DIS, and YOLO'd 5k in to PLTR, it was like printing money. Got tired of doing slow buy ins to JETS. If you are lookitfor a slow but almost guaranteed play, you can't go wrong with JETS. Every 2 weeks I drop my 401k $$ into more shares.
JETS?
Never heard of this. Is this an ETF?
Yea, exposure to the overall airline industry which got hammered in March. The day that I saw that Warren Buffet liquidated his airline positions in March after buying more in February was also the bottom of the airline indexes. They've been crawling up ever since. I'm up 50% ytd on my position, not quite PLTR but I don't think anything ever will be.
ahhh excellent point...
I also liquidated DIS this year based on weak management decisions ON TOP OF their forced closures. If I had more confidence in the two Bobs, I would have held on, but given 1) their lack of creativity in their merchandisable IPs ( i.e. "Woke" marketing is the cheapest way of keeping your job, but its ROI is awful) and 2) abundant reports of in-fighting within Lucasfilm/Marvel indicate that Disney has lost sight of its fundamentals and lacks coherent vision.
APPS has been my best stock purchase this year. I took a position in May/June. I'm up 546%.