Yes, good call -
I also sold this morning for what I paid (lol) I could have Had a nice profit if I had waited like you. I started getting really depressed when I saw it jump in the 8.60s but seeing in the low 8s now makes me feel better.
Cruise stocks sound dangerous - I think it is very likely covid is going to get worse this fall and I’m not sure cruise stocks is where I’d want to be right now. In fact, I’d wait till fall and buy the dips. But thats just me. Same with other epicenter stocks like airlines, oil, and hotels......just seems to soon right now. And politically, depending on who gets elected will also have different effects. And despite what polls say now, the race is going to tighten as we get closer to November - it always does. I predict this will be the first time the Supreme Court has to decide who will be president. And if you are in VXX around the 3rd week of September, you will be in a gold mine I think.
I’m focusing on trying to find the right entry points in Covid stocks for now. There are several of them that are setup for much larger gains with covid still being a threat. Any PR will send them right back up the hill. One that I’m holding long term is OPK, waiting for Q3 because they are doing thousands of tests per day behind the scenes. Plus they have a drug called Rayaldee which I think will be approved soon so they have 2 really great catalysts just right there, and they could get more contracts possibly. So at some point nearing Q3, I see them close to $10 per share and thats just a few short months away - that is more than double where they are now. And unlike, other Covid stocks - these guys already proved themselves in Q2 with their earnings - they blew away analyst estimates and Q2 wasn’t even their big quarter....rather Q3 is going to be a monster at the rate they are going. Anyhow, they are my favorite of all covid plays right now.
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