I believe they can crawl out of the shit they dropped into because the setup looks like we're almost the cheapest and most oversold we can get anywhere. A little patience may be required. Huge potential profits.
Comment
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It may be better to wait out the shitstorm incoming for the stocks
Bought it at 2.07 and sold it at 2.89. Bought back in at 2.96. I'm going long this time. Thinking about buying ththe dips too. You got to ask yourself. Can Tupperware, a household name for decades, regain $12 or higher? It's a gamble I'm willing to take.
AdrianZen
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@Tigerflying, That's it, right? Even if you put a few hundred bucks on it it won't hurt you in the long run but may become a nice treat.
Tigerflying
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@AdrianZieniewicz, brother, I'm with you. Still riding the pump. Not looking much like a shitstorm lately. This is easy money in my opinion. You called it. The floor was hit. Glad I got back in at $3.01. Nothing but gains from this level. Wish I would have put a 1000 shares down then. Look at MIK. I followed Michael Burry's lead on that one. During the early June explosion, MIK crossed 200% from where I got in at 2.96. Retail is riding the wave, and infuriating these so called pro investors who said the retail stocks were dead. Keep a watchful eye on TLRD. These guys own Men's Wharehouse. If they survive the Pandemic, a good majority of those 40 million Americans out of work are going to be looking for jobs and in need of a suit. Looking for some cash to open a position there soon. At these levels, its bankruptcy or a serious melt up.
AdrianZen
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@Tigerflying, On the daily target was achieved. If S&P doesn't make a higher high next week we may be in for a flush as this stock is showing weakness, too. Peter Brandt literally trolled Robin Hood traders to go all in next week.
ThrivingProject
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It's already up almost 100% in a month. Disclaimer: I have a put option on TUP.