These deadbeat tech stocks are at - 70%, should I sell it or hold? - futures io
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These deadbeat tech stocks are at - 70%, should I sell it or hold?


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These deadbeat tech stocks are at - 70%, should I sell it or hold?

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  #1 (permalink)
stillwanttodoit
Toronto Canada
 
 
Posts: 5 since Mar 2022
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Hi there,

I decided to follow the top stocks on a 13f from November of last year, but now they are deeply underwater.

These are the TICKERS:

VICR
MNDY
CFLT
MTZ
TASK
VFV
CRM
DCBO
LSXMA

They are all down between 50-80%.

Yes I should of placed stops. They are in a tax free savings account, so I cant claim tax losses.

Should I

a) keep holding them until we are in a bull market?

b) sell them so I can buy energy/gold/ SQQQ ?

c) Other ______________________________

Thank you!

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  #2 (permalink)
OccamsRazorTrader
Forida USA
 
 
Posts: 17 since May 2020
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Trend followers: Sell and go short ............. (Maybe a little late for that)
Mean Revisionists: Buy .... they can't go much lower.........
Value Investors: Buy ......they're on Sale .............
Dollar cost average'rs: Buy more and lower your average cost ..........
Retail Brokers: If you thought they were worth the price you paid when you bought ..... they are really worth buying now ...........
Me: c) Other ______________________________

If the reason you bought them is no longer valid .....................?

Is there a valid reason to sell 'em ....................?

Good luck ..............

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  #3 (permalink)
volpatterns
Vancouver Canada
 
 
Posts: 5 since Jun 2022
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What I would do... (So not a recommendation)

VICR sell

MNDY sell

CFLT hold

MTZ buy

TASK sell

VFV sell

CRM buy

DCBO sell

LSXMA sell

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  #4 (permalink)
 Arch 
W.Coast, USA.
 
Experience: Intermediate
Platform: Anything
Trading: Emini
 
Posts: 204 since Jul 2017
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volpatterns View Post
What I would do... (So not a recommendation)

VICR sell

MNDY sell

CFLT hold

MTZ buy

TASK sell

VFV sell

CRM buy

DCBO sell

LSXMA sell


I think the broader market can still go down a median of 20% from here. What is your buy analysis for MTZ?

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  #5 (permalink)
volpatterns
Vancouver Canada
 
 
Posts: 5 since Jun 2022
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MTZ is an infrastructure company, outlook is better than recession-sensitive sectors. Simplywall.st and Tipranks both showing similar positive outlook.

But I'm actually more interested in the price and volume patterns, with the daily chart showing a long trade with very low risk now. ie, stoploss below the recent lows at 67.50, potential reward up to top of channel at 82.

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futures io Trading Community Traders Hideout Stocks and ETFs > These deadbeat tech stocks are at - 70%, should I sell it or hold?


Last Updated on June 20, 2022


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