COUP

[SOL]

Let's wait a bit to see how things unfold before adding to our position. The current reaction was an overreaction but we have spoilt brats front running things so one needs to let the dust settle a bit as was the case with BABA. BABA is finally starting to look decent as it came within striking distance of hitting our downside targets.

[SOL]

The Monthly Chart Of COUP



It regained most of what it shed after hours on Tuesday, so this is a positive. It needs to stay above 174 on a monthly basis or the odds of it testing the lower channel formation will rise (second brown line in the image). This corresponds to a price range of 99 to 105. However, as long as it can remain above 174 on a monthly basis it has a fairly decent chance of testing the 240 ranges. A monthly close at or above 201 would hasten the move to 240 to 255 ranges with a pretty decent chance of overshooting to 300.

[Triplethought]

The Monthly Chart Of COUP



It regained most of what it shed after hours on Tuesday, so this is a positive. It needs to stay above 174 on a monthly basis or the odds of it testing the lower channel formation will rise (second brown line in the image). This corresponds to a price range of 99 to 105. However, as long as it can remain above 174 on a monthly basis it has a fairly decent chance of testing the 240 ranges. A monthly close at or above 201 would hasten the move to 240 to 255 ranges with a pretty decent chance of overshooting to 300.

I hope you're right on this one. It almost looks like we should be considering another lot. but I suppose me with 5 lots all upside down should be listening to you for once.

[Triplethought]

The Monthly Chart Of COUP



It regained most of what it shed after hours on Tuesday, so this is a positive. It needs to stay above 174 on a monthly basis or the odds of it testing the lower channel formation will rise (second brown line in the image). This corresponds to a price range of 99 to 105. However, as long as it can remain above 174 on a monthly basis it has a fairly decent chance of testing the 240 ranges. A monthly close at or above 201 would hasten the move to 240 to 255 ranges with a pretty decent chance of overshooting to 300.

I hope you're right on this one. It almost looks like we should be considering another lot. but I suppose me with 5 lots all upside down should be listening to you for once.

experts are saying target now $155. https://www.barrons.com/articles/coupa- ... eid=yhoof2

[loczkins]

hi
COUP down to 120 - I am not seeing any further reco on that (either next lot or stop) - any guidance?

[phsmith1616]

COUP is taking an absolute beating. Is it still in play at these prices? Would love to hear some thoughts?

[phsmith1616]

COUP is taking an absolute beating. Is it still in play at these prices? Would love to hear some thoughts?

[chippermon]

I have been waiting patiently to get in on this play in a big way. I had some major support levels at 82.50 - 82.19 that I was ready to pounce on and she just blew right through that with ease. I don't see any semblance of support until 52.74-52.04 now. This is assuming it doesn't bounce back up to those levels today. I will really have to re evaluate at that time. Some of my other indicators are showing incredible momentum, to the downside still, as well. Bummer.

[Centeron631]

2 articles on this Stock which TIT is still putting out buy levels on i guess for averaging out purposes only(i only buying at the levels to see it much lower on next mkt fall down.

First article on total insider ownership shows % insider holdings only just north of 2% as comparison nvda about 4% (probably much hier on less volatile stocks than these two). Coup Mrkt cap has fallen from 11b to 5.2b in about one year and generally appears extreme low and both companies show insider sells outweigh buys by exponential numbers (eg Nvda which has a insider graph on Mrktbeat(coup does not) shows in last three years only one quarter q4 2019 buys exceeding sells.

I wonder if Insider ownership is a good way or not in aiding to determine whether or not to invest in a company as much sales are "planned sales" and some of the richie insiders do have to maintain their lifestyle and to them "reasonable compensation"i presume and not sure if Marketbeat takes planned sales into consideration.
Or because of "planned sales" it is much more helpful on insider buys for buying altho i believe some Co's allow insiders to buy at a discount which would throw figures out again?

Second article seems to be positive (first article was frightening to me) saying decently hi market cap is a good signal of a companies health and Coup still so at 5.2b.

https://www.marketbeat.com/stocks/NASDA ... er-trades/

https://www.dividendchannel.com/article ... arger.htm/

Finally wonder if i would have been much better off having a drop dead on all stocks somewhere at 45 to 50% losses not to mention the added if the legal begal class actions are sniffing around? and put the same funds into more promising new investments or enhancing existing ones going up on value.

[Centeron631]

Bites?

[Yodean]

Finally wonder if i would have been much better off having a drop dead on all stocks somewhere at 45 to 50% losses

Investing/trading's an art ... I don't think it's good to have a "black and white" rule for selling stocks, whether it's at a 50% or 20% drawdown. It all depends on the stock, and the market context.

For a lot of good stocks, a 50% drop is exactly when you should be buying, not selling.

If you want to apply "black and white" rules for taking losses and profits, you're better off with something like the following:

-as soon as a position drops 15%, sell all of it. No exceptions.
-as soon as a position goes up 30%, sell all of it. No exceptions.

It'll guarantee you some peace of mind, and over time, assuming you're "coin flipping" when it comes to picking stocks, you should do okay.

With that said, I don't do any of the above.

[Budge]

Finally wonder if i would have been much better off having a drop dead on all stocks somewhere at 45 to 50% losses

Investing/trading's an art ... I don't think it's good to have a "black and white" rule for selling stocks, whether it's at a 50% or 20% drawdown. It all depends on the stock, and the market context.

For a lot of good stocks, a 50% drop is exactly when you should be buying, not selling.

If you want to apply "black and white" rules for taking losses and profits, you're better off with something like the following:

-as soon as a position drops 15%, sell all of it. No exceptions.
-as soon as a position goes up 30%, sell all of it. No exceptions.

It'll guarantee you some peace of mind, and over time, assuming you're "coin flipping" when it comes to picking stocks, you should do okay.

With that said, I don't do any of the above.

I prefer the chicken entrails.

[Centeron631]

[quote
Yodean wrote:
If you want to apply "black and white" rules for taking losses and profits, you're better off with something like the following:

-as soon as a position drops 15%, sell all of it. No exceptions.
-as soon as a position goes up 30%, sell all of it. No exceptions.

It'll guarantee you some peace of mind, and over time, assuming you're "coin flipping" when it comes to picking stocks, you should do okay.
[/quote]

So this imputes a 2:1 risk/reward ratio which to me appears good. But how would one practically apply it to TI picks? First level is usually about 8 to 15% below market price = would one after first purchase weigh in here and set the black and white rules? or if the second level is still within the 15% loss zone buy that as well and then apply the said 15% on the average unit price or remain steadfast with the calc's on first level?

I see Budge is relying on the tea leaf or chicken entrail method of when to buy or sell and Yod is doing the Art hmmm . I like ur comment about adjustments according to market conditions as one might not get that far waiting for a 30% gain in these current market conditions but little or no problem coming up with a 15% loss. But the million dollar question is how to adjust and whether its too late to apply to existing positions > 15% loss - if it is not i would be selling almost everything right now. The alternative just going for it on all new buys.

[Yodean]

So this imputes a 2:1 risk/reward ratio which to me appears good. But how would one practically apply it to TI picks?

But the million dollar question is how to adjust and whether its too late to apply to existing positions > 15% loss - if it is not i would be selling almost everything right now. The alternative just going for it on all new buys.

If I were to use the 30/15 Rule, I would start applying it to new positions only, relative to _your_ specific entry prices. Doesn't really matter what other people are doing, at the end of the day - it's your portfolio, your money, after all.

So if you want to apply it to TIT plays, apply it to each lot individually, even if it's the same stock. So you'll have to track each lot's entry price.

As for existing plays, if you want to apply the 30/15 Rule, just sell all positions that are showing > 30% profits.

For all existing plays that are showing >15% loss, just keep them for now, and if/when they rise approximately to the -15% loss level, sell them. Of course, reassess them every few weeks/months or so, and for the ones that aren't moving "up," follow the official TIT guidelines/stops for exits.

But my overall view, for a variety of reasons, is that we're bottoming here, at least on an interim basis, and some sort of equity rally is on the way.

Going back to the 30/15 Rule, if a noob investor/trader asked me how to start investing, besides recommending the reading of _The Zurich Axioms_ and playing at least 100 hours of online poker for real money, I would also highly recommend she follow the 30/15 Rule for a few years while she accumulated knowledge and experience in the markets.

Nfa!