Fiverr Is My Newest Pick

[Like2Plan]

Well at one point he was pushing $10 million. If he rode the wave down to it's current state that's a tough pill to swallow.

When I worked at sprint employees were given shares each year, when the stock was single digits. Dot come bubble came and it was up near $100 and people still didn't sell, rode the wave back down and the stock has been low ever since. That was 20 years ago. It's tough to get out when you're on that high.

I'm just thinking about it from the standpoint that there is no loss or gain until you actually sell it. On the other hand, if you have won the game--why keep on playing? (I have no idea as to what his ultimate goal is, though, maybe he didn't feel like he has won, yet?) Or, maybe he did sell and he is retired somewhere that doesn't have internet.

Don't you think TSLA stock will recover somewhat in the next year or so? Didn't Elon have to liquidate some of the TSLA shares in order to come up with enough $$ to pay for Twitter?

[rennigade]

I think Singuy purchased TSLA when it was pretty cheap, so he might still be up. I think that might be the same case for FVRR as he bought it a long time ago.


I have had fun playing along with the FVRR stock. Through a series of trades I am up overall I sold all my FVRR about a month ago. How did everyone else fare?

Well at one point he was pushing $10 million. If he rode the wave down to it's current state that's a tough pill to swallow.

When I worked at sprint employees were given shares each year, when the stock was single digits. Dot come bubble came and it was up near $100 and people still didn't sell, rode the wave back down and the stock has been low ever since. That was 20 years ago. It's tough to get out when you're on that high.

[Like2Plan]

I hope singuy got out from under tsla before it collapsed. Down another 8% today. Down almost 70% for the year. FVRR is down 75% for the year. Not good. Maybe a buying opportunity for the bold.

I think Singuy purchased TSLA when it was pretty cheap, so he might still be up. I think that might be the same case for FVRR as he bought it a long time ago.


I have had fun playing along with the FVRR stock. Through a series of trades I am up overall I sold all my FVRR about a month ago. How did everyone else fare?

[rennigade]

I hope singuy got out from under tsla before it collapsed. Down another 8% today. Down almost 70% for the year. FVRR is down 75% for the year. Not good. Maybe a buying opportunity for the bold.

[Like2Plan]

I was wondering about Singuy as well (and FVRR). Wonder if he is staying the course?

[disneysteve]

I've been wondering about Singuy. His last post was in July.

[rennigade]

Singuy...are you still holding strong on tsla? I keep seeing it in the news and today had a big drop. How much are you down from your high?

[LivingAlmostLarge]

Yes. The downpayment & emergency savings are in plain savings a/cs. The problem is increasing mortgage ratee meand we still cannot afford a home!

Unfortunately, I did not liquidate DD's Coverdell completely & held on to her TSLA shares. I expected her to take an extra year to transfer, but she's ready to transfer now. In hindsight, I should have nuked all her stock holdings and gone cash when she was a sophomore in high school but we would have missed our on the massive rally since! Selling now just sucks!

Did you sell in may? Is it worse now?

[jeffmem]

Today had a strong reversal signal as small caps skyrocketed and large cap keeps falling. Seems to be a local bottom for now. ARKK fund capitulated as it hit multi-year low.

And over two months later we're still in the 30s range. I was seeing some positive there for a week, but it seems going the other direction again...

[amarowsky]

thank goodness for my R.E. holdings......

[Singuy]

Today had a strong reversal signal as small caps skyrocketed and large cap keeps falling. Seems to be a local bottom for now. ARKK fund capitulated as it hit multi-year low.

[Scallywag]

^^^
sorry to hear. Usually money needed in x years shouldn’t be invested. Easier said than done.

Yes. The downpayment & emergency savings are in plain savings a/cs. The problem is increasing mortgage ratee meand we still cannot afford a home!

Unfortunately, I did not liquidate DD's Coverdell completely & held on to her TSLA shares. I expected her to take an extra year to transfer, but she's ready to transfer now. In hindsight, I should have nuked all her stock holdings and gone cash when she was a sophomore in high school but we would have missed our on the massive rally since! Selling now just sucks!

[Jluke]

^^^
sorry to hear. Usually money needed in x years shouldn’t be invested. Easier said than done.

[Scallywag]

A while ago (don't recall when), I dumped all but 31 shares of FVRR at $222. I also dumped all but 7 shares of SHOP at around $750. Both stock traded at very close to their lowest 52 week range today so I picked a few shares. I'm very nervous about TSLA. I think Elon & Cathy dumping millions of it has had / will have adverse effects on it in the near term when we need the money. I'm nervous because I hold some in DD's Coverdell & she needs it when she transfers to Uni soon.

The housing market mortgage rate really pisses me off. The rise in interest rate means we're totally priced out even in so-called "less desirable" areas because home prices have not come down with the rising rates. Feels like we just cannot win.

We cannot sell anything and transform paper losses into real losses. It's enormously upsetting though to see the sea of red just as our family is on the cusp of major changes - a kid going to Uni, and we finally ready to move. FOL.

[kork13]

as of now your 10% bounce today is holding true up to 10:30am. (showing up 9% so far!)

*indifferent if I want to buy more of this @ this seemingly lower-risk price. but likely would just toss into VTI and call it a day.

Nice to have called it! Up 13% at 3:45pm ET... Not a full recovery to previous days by any stretch, but not surprising that some of the over-selling would bounce back.