Lulu is a big company- I’m confused. Do you only invest in mega cap?

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But it’s also never guaranteed to give you better returns than an index fund or something that was only 30% off (or less) for a short time. SNPS, CRWV, PANW are some recent examples. Hit hard, but not for long. You don’t even have to wait on a turnaround story, marketing campaign, etc. You can try and swing trade it and day trade it, but the downtrend might have it move away from you too fast before you’re stuck with your money tied up for years. There are TGT, LULU, FI, and UPS bag holders who might never see green again. Each earnings just sends the stock lower as does each negative headline or analyst downgrade. These were all once considered holy grail value plays…. Years later, still red.

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I don’t really have a strategy, except buying solid companies, selling covered calls (which I buy back for a profit when the stock dips), protecting with puts (which I also sell for a profit when the stock dips), buying on dips, and buying puts at market highs. A mix of everything. My mistake was trying to succeed with bad, cheap, or penny stocks. That will never work. They’re money-eating monsters. Occasional or random success doesn’t mean your portfolio will grow in the long run. Occasional success is just bait. On the other hand, if you invest in big companies, go have some beers, and come back in 15 years, growth is almost guaranteed. In 2010, I opened a restaurant and lost $700,000. Had I invested that money in Apple shares instead, it would be worth $16,000,000 today. I will just no more touch companies that are not established big companies. I don't care if they are in a bad position right now (for example LULU). I don't touch restaurants, bioscience and only rarely fashion.

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This post is not about strategy but about the selection of companies to invest our make your game. Investors will be investors, players will be players, day traders will be day traders and gold diggers will be gold diggers. You can select penny stocks based on rumors about some fictive glorious day and lose all your money. Or you can choose week established companies to make your game. Without diversification, you always risk to go through a disaster. But with a good diversification, you will not go under when UNH or LULU go down but when the entire economy falls apart. With small stock (full of hope but no substance), you can lose everything on an otherwise sunny day.

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I can’t believe BECKY folio is down. Starbucks, Lulu, Disney and Apple?

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#Ban Bet Lost /u/joebeau99 made a bet that LULU would go to 200.0 within **2 weeks** when it was 173.097 and it did not, so they were banned for a week. Their record is now 0 wins and 2 losses [**Join WSB Discord**](https://discord.gg/wsbverse) | [**⚔**](https://www.reddit.com/r/KarmaCave/)

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Lulu calls actually look tasty but I already full ported

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Puts on LULU right?

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The dips sometimes keep on dipping. Not fun. However in this past week with OPEN,and LULU. I made 100k in a month or so. Not a lot to these guys here but I stay in the back, I plod along and stack my little bit of cash along the way. Be careful of the "bots" or the accounts that just FUD tickers'. FOMO is real and it will get you if you are not careful. Go slow, watch and learn.

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Lulu

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