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    Sold my AAL today

    I bought AAL on 3/9/20, not quite at the bottom but close.

    I sold it today, 3/15/21, for a 75.4% profit. It was in an IRA so no tax consequences.

    I already sold my JETS (80.8% profit on that). Those were the only 2 new things I had bought during last year's crash. I had put more money into some existing funds so we still have that stuff.
    Steve

    * Despite the high cost of living, it remains very popular.
    * Why should I pay for my daughter's education when she already knows everything?
    * There are no shortcuts to anywhere worth going.

    #2
    With the jump this morning (haven't looked at financial news to see why), my JETS is now over 115% up as of today... The first lots (and largest, 110 of 170 shares) will hit LTCG status on the 18th, so it's pretty tempting to take the gain on this initial lot of shares and let the rest contribute to ride.
    "Praestantia per minutus" ... "Acta non verba"

    Comment


      #3
      The only two travel stocks I have are BKNG and ABNB, and I plan to hold them long term. So far, they are both up, ABNB went slightly below my buy price as I bought it just around the correction, but never went far. BKNG was a fluke buy, but I plan to hold it now as the travel sector is going to explode in the coming few years once people actually get vaccinated and plane start flying again, provided there is no war with China. If that happens, well, everything is up in the air.

      Why did you decide to dump both of those DS?

      Comment


        #4
        Originally posted by jeffmem View Post
        Why did you decide to dump both of those DS?
        Both were at their 52-week highs and at or reasonably close to their pre-COVID highs. The 52-week high isn't any surprise since we're now more than 1 year out from the crash. But the pre-COVID highs, I think, are more meaningful as a judge of appropriate value at this point. I didn't buy either one with the intent of them being long-term parts of our portfolio. I bought them to try and take advantage of the short-term opportunities, and I think I did that just fine. I've already taken them both off of my tracking watch list so I don't even pay attention to what happens to them now. If they go up, great. I made my money and got out. I'm good with that.
        Steve

        * Despite the high cost of living, it remains very popular.
        * Why should I pay for my daughter's education when she already knows everything?
        * There are no shortcuts to anywhere worth going.

        Comment


          #5
          Originally posted by disneysteve View Post

          Both were at their 52-week highs and at or reasonably close to their pre-COVID highs. The 52-week high isn't any surprise since we're now more than 1 year out from the crash. But the pre-COVID highs, I think, are more meaningful as a judge of appropriate value at this point. I didn't buy either one with the intent of them being long-term parts of our portfolio. I bought them to try and take advantage of the short-term opportunities, and I think I did that just fine. I've already taken them both off of my tracking watch list so I don't even pay attention to what happens to them now. If they go up, great. I made my money and got out. I'm good with that.
          I sold JETS and HA last week in my DH's roth IRA. I made 120% + both and I had enough. Bought last March/April 2020. And yep you are right they were close to even 5 year highs I had enough. I'm just waiting on my taxable accounts to hit LTCG and i'm out of it I think

          CCL bought 1000 @ $8.06 4/3/20 current $29.73 - there might be room to grow but after april i'll be watching it since it's at 52 week high
          HA bought 1000 @ 12.60 5/8/20 current 29.25 - 52 week high praying it holds till may
          JETS bought 500 shares @ 12.09 4/3/20 and 500 shares @ 12.76 5/3/20 currently 28.74 - near 52 week high

          Dumped 1000 shares last week of HA and JETS in my DH's Roth and i bought same time. I made 130% on each in less than a year and I don't know where the airlines is going. It's at an 1 year high and I don't know if the returns are there versus investing in other stuff.

          They say sell when you wouldn't buy at that price. I wouldn't buy HA or JET and maybe even CCL at $29/share. I think the room for gain is small. I think we are better off investing in something else. Not necessarily fvrr but there are other things i think that will be worth tapping

          LivingAlmostLarge Blog

          Comment


            #6
            Originally posted by LivingAlmostLarge View Post

            CCL bought 1000 @ $8.06 4/3/20 current $29.73
            The cruise lines, Carnival and Royal Caribbean, were the 2 stocks that I was watching and tracking and just didn't pull the trigger. I was sure they would recover but I thought the cruise business would likely be slower to recover than the airline industry. I also figured the airlines were more likely to get government support.
            Steve

            * Despite the high cost of living, it remains very popular.
            * Why should I pay for my daughter's education when she already knows everything?
            * There are no shortcuts to anywhere worth going.

            Comment


              #7
              I sold my PTON a few weeks back at over a 400% gain. I bought it when it was really low right at their IPO because I love that company, and I didn't even sell it as a means of timing the market, I just decided recently I don't want to own individual stocks anymore. (I only ever owned them for fun but it was becoming less fun, so I liquidated all).

              Comment


                #8
                Originally posted by HundredK View Post
                I just decided recently I don't want to own individual stocks anymore. (I only ever owned them for fun but it was becoming less fun, so I liquidated all).
                I only own a handful of individual stocks - 7 to be exact. All but one (FVRR) I've had for years. 2 of the 7 were spinoffs from one of the others so I didn't even actually buy those. From time to time, I'll get in the mood to play a little, like I did last year with AAL. I also bought JETS but that's an ETF, not an individual stock.

                The total value of the 7 stocks comprises about 5-6% of our portfolio, so not a large portion. I have thought about getting out of some of them as part of my ongoing effort to simplify our portfolio. I need to sit down one of these days and check my cost basis as 5 of the 7 are held in a taxable account.
                Steve

                * Despite the high cost of living, it remains very popular.
                * Why should I pay for my daughter's education when she already knows everything?
                * There are no shortcuts to anywhere worth going.

                Comment


                  #9
                  Originally posted by disneysteve View Post

                  I only own a handful of individual stocks - 7 to be exact. All but one (FVRR) I've had for years. 2 of the 7 were spinoffs from one of the others so I didn't even actually buy those. From time to time, I'll get in the mood to play a little, like I did last year with AAL. I also bought JETS but that's an ETF, not an individual stock.

                  The total value of the 7 stocks comprises about 5-6% of our portfolio, so not a large portion. I have thought about getting out of some of them as part of my ongoing effort to simplify our portfolio. I need to sit down one of these days and check my cost basis as 5 of the 7 are held in a taxable account.
                  What 7 stocks do you own? I own a bunch from before and I keep maybe like 20, mostly from DH playing years ago.
                  LivingAlmostLarge Blog

                  Comment


                    #10
                    Originally posted by LivingAlmostLarge View Post

                    What 7 stocks do you own? I own a bunch from before and I keep maybe like 20, mostly from DH playing years ago.
                    Disney
                    Pepsi
                    Yum (spun off from Pepsi)
                    Yum China (also spun off)
                    Univest
                    Bank of NY Mellon
                    Fiverr
                    Steve

                    * Despite the high cost of living, it remains very popular.
                    * Why should I pay for my daughter's education when she already knows everything?
                    * There are no shortcuts to anywhere worth going.

                    Comment


                      #11
                      Originally posted by disneysteve View Post

                      The cruise lines, Carnival and Royal Caribbean, were the 2 stocks that I was watching and tracking and just didn't pull the trigger. I was sure they would recover but I thought the cruise business would likely be slower to recover than the airline industry. I also figured the airlines were more likely to get government support.
                      I jumped on RCL at 33.33, and then followed with AAL, and Spirit (SAVE). I only put 1000 into SAVE for fun, before focusing more heavily on JETS for airlines and DIS. But I was also watching PEZ (entertainment ETF), Delta, 3M, and Visa.
                      "I'd buy that for a dollar!"

                      Comment


                        #12
                        Originally posted by cypher1 View Post

                        I jumped on RCL at 33.33, and then followed with AAL, and Spirit (SAVE). I only put 1000 into SAVE for fun, before focusing more heavily on JETS for airlines and DIS. But I was also watching PEZ (entertainment ETF), Delta, 3M, and Visa.
                        I'm waiting to gamble on BTC I think i missed that boat. Sigh. I saw it but even for me I wasn't entirely sure about the risk or understanding it. But now I'm thinking that maybe it's just something to play with. If I can get it down below $20k BTC again I think I'd buy in.
                        LivingAlmostLarge Blog

                        Comment


                          #13
                          Originally posted by LivingAlmostLarge View Post

                          I'm waiting to gamble on BTC I think i missed that boat. Sigh. I saw it but even for me I wasn't entirely sure about the risk or understanding it. But now I'm thinking that maybe it's just something to play with. If I can get it down below $20k BTC again I think I'd buy in.
                          I hear ya on that one. I'm sure a lot of others are waiting for a massive drop to buy in.

                          Some buddies from work have been into BTC, Ripple, Ethereum for the last 3-4 years, but since I wasn't familiar with it at the time I didn't bother buying. In the meantime I've been watching Grayscale Trusts of GBTC and ETHE since Nov of last year. Maybe if it does take a dive, I'll buy some.
                          "I'd buy that for a dollar!"

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