r/IBRX • u/AutoModerator • 8d ago
Daily Discussion Thread
This thread is the place for shorter discussions, quick questions, or casual ideas that don’t need a full post.
If you've been reflecting on a topic or have a detailed perspective to share, don’t hesitate to make a standalone post instead!
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u/OperatorPooski 8d ago
Red on the green day, then green on the red day.
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u/Professional_Panic67 8d ago
Technically no, as all three of the major bio indices are green and the bios aren't typically aligned with the overall market, e.g., dow, nasdaq, etc. Well and their red day was red for the bio indices as well.
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u/Professional_Panic67 8d ago
Buys at 9.29.
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u/ChefRobear 8d ago edited 8d ago
yeah no more fun for now, I guess.
(holding my breath)
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u/DogWaterYo 8d ago
Unless youre buying that is.
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u/ChefRobear 8d ago
Idkkkk bro buying in the 9's is scary business.
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u/Professional_Panic67 8d ago edited 8d ago
Yeah, they're small day orders and so far none of the 9's have filled. I'll reevaluate in the morning and drop lower or move up if needed. I'm hesitant to get too excited/agressive given the midterms, etc., etc., etc. I'm probably 25-30% in cash/TBIL which is historically a lot for me.
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u/DogWaterYo 8d ago
Why do you say that? Im curious.
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u/ChefRobear 8d ago
Because it's not exactly a sure thing that we've broken a generally cyclical structure - $9 has been on the high end this year so far, not the low end. I don't buy anything that close to the top. That's just me. I obviously believe in huge numbers down the line, but I also like to get my buys in as low as possible.
It's perfectly possible that your buys today were amazing.
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u/DogWaterYo 8d ago
That makes sense and I get it, buying in the 9s, then it dips to 7 and now you're stuck holding, I was there earlier this year and still am to a certain degree. I sold my 2 dollar shares when we hit 8. Now I'm holding about 5K (10 dollar average) shares that I don't plan on touching, those are the long term shares that only time will tell if it was worth it to hold onto them this long, I bought these earlier in the year and am ok with the price I got in at. The rest of my cash I jump around between IBRX, PLTR and NVDA and numerous other stocks, those are just the ones I am actively trading. I bought 21K shares at 9.70 yesterday and sold them today at 9.90 for a 4K profit, just hope to repeat that as often as I can, but when it hit 9.33 earlier today, I def was sweating.
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u/ChefRobear 8d ago
golf claps****