Averaging down on a penny stock to, it appears, close to 100 percent of your acct value...FWIW cannot recommend more strongly that you not do this, much less with loan money, and suggest significantly reducing your position.

Whatever you decide though good luck!

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He doesn’t appear right in the head, hasn’t for a while. I noticed a change last 2 years. FWIW as an outside perspective.

As a financial advisor I gotta write here. What the hell are you doing gambling all your money on 1 stock which is going down?!

Sell it all right now and get out! 50k isn't enough to risk all. Buy 10k in 5 well known stocks like Amazon, Netflix, Google. and hold for 1-2 years.

Let me spell this out for you, if you don't get out now with FCEL you WILL lose all your money.

Well at least its at a new 52 week low. Can only go up right? Just got to wait for that pop, hopefully it doesn't drop.

why do you think it will go up?! Look at the stock chart for the last 5 years. From $30 to .83 today.

Even the last 6 months it has lost 50% of it's value... SMH.

https://finance.yahoo.com/quote/FCEL....tsrc=fin-srch

What you don't understand is stock prices have no correlation to logic. It's all predicated on emotions.

why aren't you getting into FANG stocks....did you sell your Bitcoin and other cryptos?

Not how the stock market works unfortunately :/. For all anyone knows this thing could tank forever. I’m not going to pile on, you obviously knew the risk of putting all your money on a single stock like this. Hoping it turns around for you.

Some words of wisdom learned on the trading floor:
Those who pick bottoms get stinky fingers.

The real problem is the first penny stock was a huge success.

I think it's time to short Amazon. They are battling Google (not bribing them) and are going to lose.

The only good news in this story is that FCEL has 40M in cash and equivalents. Since the market cap is like 80 ish M their should be a floor of 40 to 50 cents per share. Though the company is burning through some cash slowly.

A good chance their is a revere split. Imo. The real problem is that the gross profit does not cover SG and A. Much less the R and D spending.

From a fundamental prospective their is not much hope without a R and D breakthrough. That said short term market moves are often divergent from the fundamentals.

As I said before I do not think fuel cells are the clean energy source that will win but hope the price pops for you.

Even if you believe or have some insight into demand on this company that makes it a good trade you are over exposed in my estimation and I would encourage you to take some off the table and spread your bets.



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You don't play the long game do you...check Amazon for the last 5-15 years....basically a huge run up.

Barry Greenstein said he'd be a 9 figure millionaire if he kept all the Amazon stock he had in the late 90's.

Correction, Barry said he would be worth a BILLION. He had 1 million in stock in it.

https://www.youtube.com/watch?v=Z6aBXL0ZlWA

Go to 6:45.

First, lms sometimes plan A doesn’t work. Doesn’t matter how much energy one puts into plan A, it may not pan out to the vision. Smart ones realize the fallbacks; move on, access the situation and keep trying to improve. That is what we have to do here.

Is stubborn as I am, I hv to be wise. That said, we had to put in a stop limit and cut some of our losses. This has been done before w $all-in stocks of UA and WLL. I don’t like it, but don’t like bleeding $ either. When I decide to sell for losses it’s because another stock in starting to get my attention. Whereas, I feel I can work that money there better. Hopefully recoup.

We left ourselves 5,000ish shares.
I appreciate all the comments. Love this thread. U guys I feel r genuinely helping me get to that next level. We are all hungry here.

That’s my plan. That is gonna happen. #goodluckMe

I think I told u guys we got $70k heloc and she took $10k. She wanted to pay off all her loan debt to have a lower interest and not have multiple bills. Now she just pays heloc bill. Also, thinking about new floors so she got $ for that.
Heloc bill is $150, but she pays the same $700 as she has been used to. At this rate, her $10k will b paid off at the end of 2019. That is when I plan off paying my $60 back to her. I finance her at that time again w no interest, no inflation rates, etc. $700/month.

Basically she isn’t paying off any of the house during this time. Just her $10k. *It was incentive for both of us to do this.
Sara’s responsibility WAS $108,xxx when we did this heloc. This IS what it will be again when this heloc is paid off at the end of 2019.

I was given the $60k. Now around $53,000. I paid my sis for next year’s daycare (again) for a ridiculous 20% discount, so that was $4200. *this $ was withdrawn from Robinhood.

It will get paid off. May hv to come out of #semiretirement to do it, but it will be done. Confidence level is at 80%

It’s been a bad week. Actually, the last 3 hv been a whirlwind. Something like down 7k, up $13k, down $7k.

Thank you guys for getting me more focused.

Last 7 days...



Last month...



To boot, the market sell offs haven’t been friendly either.

Sold bitcoin for a small $500 ish (can’t remember) profit.

FCEL may hv had some buyers remorse on my feels. I was guns blaizing on this stock and then suddenly got cheated on.
This is why I don’t want anyone doing what I’m doing. I make mistakes. I’m a rookie, bobbing and weaving.

Plan B: #weStillGamble

It worked again!!!
Canopy Growth CEO on CNBC this morning, and I bought the buzz and sold before his interviewed ended.
Decent $500 recoup

If you'd bought GE in 1998 and held it until 2013, you'd have doubled your money and then lost 20% of your initial investment. I don't see how that's relevant.

If you'd bought CHK in 2002 and held it until today, you'd have 30x your money and then lost it all back.

I think Amazon is inflated due to multiple factors and don't think it has a good chance of going higher in the immediate or long-term future.

GE is totally different from Amazon...yeah if you bought Yahoo you would be crushed too.

That's why there is market sentiment.

What Butterfly is doing is basically day trading with no long term plan. Skimming a few percentages here and there. The whole market is tanking right now. Get into those juicy stocks like Netflix or FB at a discount!

There's this thing called dividends. Investors in many companies that have gone to 0 have made out quite well over the years.

Usually companies that go to 0 stop giving dividends!

FCEL keeps calling and apologizing for cheating on me. She has been cheapened and wants back in. I been giving her looks again.

If we hook up it’s gonna be angry sex.

I cdnt help myself. It was a quickie w very little passion.
I was in and out quick!




#OnTheRecoup

Curious if you do not mind sharing what was you thought process for this trade?




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