Tuesday, February 02, 2021

Regretting Buying Bubble Stocks

The bubble is ending and I caused it :-)  I bought GME, AMC, BB, KOSS and NOK.   I already owned EXPR and SKT.   Already down today on most purchases, around 25-50% in just a day.

The silver lining is I only put in a little money, so it won't cost too much for getting "educated." 

Disclosure:  I own shares of GME, AMC, BB, KOSS, NOK, EXPR and SKT.  I am long SKT calls and short/covered AMC and EXPR calls at time of posting.

Update:  The stocks have recovered some.   I closed out the AMC covered call for a profit, since AMC was down so much.

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This is not financial advice. Please consult a professional advisor.

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