Still think TITNC3: Return of the Iceberg was peak

I bought some shares a couple weeks ago and a couple $4.50 Jan 21 22 calls.

 

Been wrecking my toilet since some bad Thai last night, my body is in tune with GME it seems.

 

I really badly want to just buy some calls wayyy out for PSFE PLTR and ASO. But my play account took a massive hit so once I build it back up and have more funds to work with maybe I’ll do that.

 

Says the person with the Taco Bell avatar....

 

Most of my negative P/L right now is from GME and AMC, and the EV car companies too since chip shortage

 

Cciv and nio have been sideways and down lately
But long play wise
We know that they will end up being similar in value to Tesla so it’s a hold for me
But
Still sucks to see the negative on it just dig deeper as the market gets closer to popping

 

My claim to fame is getting into CCIV at 14 and out at 59.5x

I don’t know I believe in them that much to be honest with you. NIO I can definitely get behind though. I feel like Licid is targeting too small of a market currently.

 

I haven't been able to find anything about this. Any particular news outlet reporting it?

 

SO uhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh XOM 65 by Friday?

 

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm

 

This is mostly driven by cars though. Everything else is a lot less than cars and gas, which is driving all the CPI gains.

I picked a few strategic categories here



Housing and food is about back to normal. Cars and gasoline (part of energy) is driving the high numbers.

 

yea, it seems energy + vehicles...
trying to make some sense out of the future

 

Cool CTXR. Going back down to that cost basis I see.

 

Looks like a great day to lose some money with GME today.

 

My braindead ideas:

Chip shortages will come to a screeching halt one day.



Point being - the automotive industry is a miniscule amount of the chip demand, and probably near the top priority for suppliers (ASD -> Medical -> Automotive is the usual hierarchy).

So when the factories are up and pumping them out, they're going into the auto industry and flooding it, quick and fast. So cars will probably come down in cost hard and fast. When? I'm not sure exactly. Could be next few months, could be next year. That I haven't really gotten into myself. But I'm not in automotive stonks so not my circus not my monkeys.


https://spectrum.ieee.org/tech-talk...d-when-the-chip-shortage-will-end-in-4-charts

 

yea, i think COVID related supply chain issues, including prev admin tariffs (forced supply chain migration away from china, plus just general increase in prices of raw materials and goods).
big question: transitory? does FED raise rates?
COVID = transitory, like chips, lumber, etc; also people saved money during lockdowns, wanna spend money now...supply chain issues means you can't buy goods as freely -> increase in prices...also how much money did we just print? also hugely inflationary.
Raising rates will crash the whole system.

if i buy a house today, am i fucking myself?
haha that's my real question

 

Only if you sell.

 

Yes

 

Day? Ive been losing money on GME for months now.