My cash position is murdered (thanks
@Pimpin ) so I could not make new moves during the massacre I suffered in the last two months and at reduce my average price.
But as usual, I have a list of candidates, that excludes companies I missed out on since I went with fucking StoneCo instead
Companies like Nucor and Cisco that I had in mind.
Honestly, I was expecting a correction of some sort, but PayPal fucked me the hardest, I'm just kidding about Stone but it's a significant hit but I did commit a significant amount of cash to average down, which was never the plan. Only thing I could do is add to my AT&T positions between $22-23 which at the moment is actually my largest holding, but could not get as much as I'd like. Still not confident about that position but the dividend is sexy.
Ideally I want to offload some of the speculative names I have, but I want a good price for them despite being up already. Names like Plug Power, Lucid Group, 3D Systems, Stratasys, Rambus, then SoFi if it goes up, Matterport, Teladoc, StoneCo, RobinHood that keeps giving me nightmares and sell my reopening stocks (casino stocks like Las Vegas Sands, Wynn Resorts, Norwegian Cruise Line etc) as well as Boston Beer (aka Sam) that I'm finally close to breaking even. The only one I will end up keeping is AirBnB, I think it's going to explode eventually and reach $300 in the mid-term.
Other main holdings include Disney, PayPal, Cleveland Fields, Twitter, Volkswagen, Chevron, Apple, Exxon Mobil, Boeing, Raytheon, Schlumberger and Halliburton won't be adding to them. Maybe I should add to Twitter though.
So pending some sales, these are in my mind:
Crowdstrike ($CRWD)
Chipotle ($CMG)
Confluent ($CFLT)
Activision Blizzard ($ATVI)
Blackrock ($BLK)
Visa ($V)
Upstart Holdings ($UPST)
Digital Ocean ($DOCN)
Trade Desk ($TTD)
United Microelectronics ($UMC)
Stem Inc ($STEM)
QuantumSpace ($QS)
Palantir ($PLTR)
Ford ($F)
Would appreciate if someone has any red flags for the companies I listed.
So at the moment my issue is no liquidity and any attempt to sale an existing position will end up in regrets. Don't want to sell my winners because that's gonna mean I'll have to stick with the losers. Don't care if open positions % of portfolio is up or down, but it's a psychological thing.
The other issue is that if they all start to go up again, I'll probably miss my entry windows for the shortlist.
I hold over 80 names at the moment and I'll stop when that becomes a round 100, but the weighting is still quite off. The idea is to cap the main holdings to ~4%, which is quite far off from the top holdings.