Are there any stocks you bought since Jan 2021 that you are currently bag holding down 30% or more?

delusion梦碎
2023-09-15

My worst one's are COIN,PTRA, SNAP and RUN. COIN was trading at decent multiple but EPS went to $0 in a blink. i am surprised, FEDs are not investigating COIN for showing overinflated EPS during the listing. PTRA was my quest to buy hidden gem in EV space. Meantime TSLA with inflated valuations returned another 100%. I bailed out both with 50% lost and done some tax harvesting.

i actually bought PINS and RUN when prices are decent but didn't take the profit. When PINS dropping down to below my cost, i traded into SNAP which went down by another 75%. PINS actually recovered.

Got out of BBBY, XPEV and SPCE at the right time. That gave me some comfort.

What stocks do you have in the same situation and what is your plan? Will you keep holding or will you cut losses at the first sign of a rally? $Coinbase Global, Inc.(COIN)$ $Proterra Inc.(PTRA)$ $Sunrun(RUN)$ $Pinterest, Inc.(PINS)$ $Tesla Motors(TSLA)$ $Bed Bath & Beyond(BBBY)$ $XPeng Inc.(XPEV)$ $Virgin Galactic(SPCE)$


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Comments

  • EunJung
    2023-09-19
    EunJung
    Me… worse ever!
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