OT: Stock and Investment Thread

[Postman_1]

AVGO getting hammered today so far

 

[T2Kplus20]

AVGO getting hammered today so far

Price targets raised to the $430 to $450 range. It was an outstanding report. AVGO will be back over $400 in a week or so.

 

[rurahrah000]

Cannabis stocks jumping. I wish I had bought back TLRY after I sold it last month

 

[Captain Hogleg]

Price targets raised to the $430 to $450 range. It was an outstanding report. AVGO will be back over $400 in a week or so.

Agreed - this selloff is absurd unless you believe there are 'big money' reasons to "tank it" for a quick money grab on the short play or a reset going into next year. The earnings report was outstanding and this thing will be up near $500 next year. .

 

[T2Kplus20]

Cannabis stocks jumping. I wish I had bought back TLRY after I sold it last month

Another rug pull on legalization or rescheduling or is this one finally real? If real, TLRY et al have a lot of room to run.

UPDATE: Bought a block of TLRY shares just before the bell. Saw the CNBC article that Trump is likely to sign executive orders for reclassification. Maybe legalization in 2026? I'm using my Fidelity rollover IRA, so I can trade as needed (without tax implications). We shall see!
@rurahrah000

 

[RUAldo]

I was out of the loop most of today traveling what happened with MIST? Looks like my stop loss triggered.

 

[T2Kplus20]

I was out of the loop most of today traveling what happened with MIST? Looks like my stop loss triggered.

Actually, nothing real. A fake report of an FDA denial was posted on a Yahoo Finance page. It triggered automated selling, but then everyone figured out the info was BS. The stock gained most of the dump back.

FDA news should post sometime on Monday.

 

[Postman_1]