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Mar 15, 2021
11:25:18am
grosven All-American
I did. I did buy more on Mar 5. Super beat down stock with pretty decent
economics. I have recommended lots of buys in the puke and before. Don't blindly follow any recommendation on CB--ESPECIALLY on CB. My position in this is small and it's now bigger. Tho, I did reduce recently to lower my cost basis. It's a <1% position for me.

Having said that, it could be really wrong on $LOTZ. Today, I still think it's a decent bet. However, I have exited VRM for the most part, at small profits. That was a huge position for me. They are having tough execution issues. I think $LOTZ has a really favorable model vs. all of them. E-Commerce sales of cars are gonna be very large 10 years from now. $CVNA looks like the clear winner, but they are priced really high, and I'm not touching them at this price.

If you are in LOTZ with a significant chunk, I'm so sorry if you followed my recommendation. You may want to exit before earnings, because it looks like retail has SUCKED. I could see more puke on this name.

Because it was asked of me, I have recommended a lot of things I am doing. You've done well if you have followed me, the only reason I know is because I'm up 25% YTD and I've been pretty transparent. I bought tons of stock in the growth/tech selloff. Most everything is doing well, except my select SPACs and I think the risk/reward is very favorable here. I will be wrong a lot. On the way becoming independently wealthy as an investor, you will have some big misses. But the most you can lose is your investment. Most of the biggest mistakes are selling winners too early. I am for sure gonna have some businesses that don't perform, capitalism is TOUGH. When in doubt, you get the heck out.

If you bought $TMDX, one of my biggest positions at $26-32, when I was loading, you are up bigtime. I am holding for years.
If you bought $TGAN when I recommended, you are up almost 3x. I am out of that, and I've moved all of those into $ONDS. I have been accumulating more in the puke.
If you bought $ZYXI, you are doing great. I am holding.
If you bought $FSRV, you are down a little, and I hope you load more. I am holding and adding today.

I'm pretty busy. I tried to get commonstock to sync, but it's not working! I'm so sorry. My portfolio doesn't even show up today.
grosven
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grosven
Joined
Aug 13, 2009
Last login
Apr 28, 2024
Total posts
13,270 (41 FO)
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