Still think TITNC3: Return of the Iceberg was peak

I may pretty soon here. Watching to see if it keeps its support level. Definitely in a downward trend but I fell if current support holds it could break out and move quite a bit.
Again I don’t rlly know much so I may paper trade this as well to see what happens with ipo lockup.

 

IPO Lockup ends 8/3...that's when original big shareholders can sell...that usually cases a drop in share prices leading up to and through that day.

 

Yea I wasn’t looking at it as far as going ITM more of just a sweet spot for not ridiculous pricing on a contract that’s also not a weekly.
With that said looks like 125.8x is resistance so if it breaks that maybe it makes a run?

 

That was 7/16
It's down another $2 since then

 

I see that, but I have some gut feeling that for a biotech company such as this, why would big holders be inclined to sell off when the long term outlook on it seems positive. That sector surely has a future. It’s one of those things that I don’t know a ton about but if I was a shareholder I wouldn’t be selling because of the longterm outlook, but also if they’re still up 100% take it and say thanks.
Definitely a learning moment for me

 

Because some insiders have shares at near ZERO...They didn't pay the IPO price. They had special shares...they got as compensation etc...

 

here's a little info some dude made
https://tickeron.com/ticker/SANA/

That's most likely auto generated

 

less that, more so a bad habit of just buying and buying and buying and buying whenever wherever

 

This is great...Imagine an investor sells a bunch of UBER because they took losses in DIDI and sold the uber to cover...which caused uber to go down...but UBER has a big in investment in DIDI so Uber gets 2x hit I love that the article calls it "Incest"
https://www.zerohedge.com/markets/u...tbank-dumps-third-its-stake-cover-didi-losses

 

Right time to buy apple is never. Sure there's potential plays here and there but it's got problems. Namely the same old issue: it's straight up pathetic compared to the company it was that got it to where it is today and not getting better; on the flipside it has more cash on hand than many (maybe even most, idk) of the countries in the world have GDP ---- which tends to make the stock reartedly difficult to predict. Easier to just stay away there's other fish in the sea

 

Yea I learned that one this week. Oh well, not anything to sweat over in the grand scheme of things.

 

The right time was March 2020 lol when you could buy just about anything and get nice returns on the 6 month

 

Listening to crickets sing tonight and dreaming of GTii squeezing tomorrow

 

Enjoy!

 

Nice! Miss getting out since I sold my Tacoma last month. Half way through my wait for the 4runner on order. Having just a Prius for the family to share has been fun.

 

Ahh, you are at the beach most days. You’ll survive

 

Sweet. Wait till the bullfrogs start chiming in. And fireflies start to glow randomly. Makes for a cool setting. I'm still not moving back east though. lol

 

I’m just trying to decide how many shares I’ll be selling when the price is right

 

Nice dude, hoping to get out Saturday myself.
Time to pull out the RTT.

 

Stage the "right" price. I also am fully prepared to watch it flush tomorrow or Friday. They gotta shake that tree to spook retail enough to even have a shot at covering.