Still think TITNC3: Return of the Iceberg was peak

Rolling into work for my every now n again appearance.

 

Space suit. Tomorrow's the daaaaay!

 

Shit. All mine are at the cleaners. I knew I shouldn’t be wearing them everyday.

 

Bought 2 more shares of GME at close today. Have watched it for a couple weeks now, here's hoping today is the lowest it goes the next couple weeks.

I sold shares at $225 when it touched it and got back in at $185 with them. Good way to knock off a few hundred to lower the average.

 

Bad news bears: DD came out today projecting a higher low of $155 before any new trends. Is it right? Fuck knows.

Currently it's a(n assumed) race between retail registering their (assumed way over the float number of) shares and the cycle having time to complete. If retail loses the "race", no big deal, the cycle will continue -- but if they win...

Edit: the crayon-scribbled cycle ends ~10/08

 

At this point I think it's mostly speculation. That thing could shoot up to 800 or down to 100. Not sure when we'll see what we saw many many months ago. I got out of that thing near the peak around 300 somethin

 

$GME calls bought my first Tacoma outright, before the buy button fiasco I almost had my fire station paid for... Holding out for mad money over here.

Back in January they did what they did because that mother was about to do a market shattering run. Then once they'd bought time they doubled down instead of closing.

If the market is allowed to function how it should as a result of their actions, then this will be highly interesting and profitable.

Or I've drunk too much Kool Aid over these many months and am delusional. More and more though it seems like maybe it's just everyone else who is delusional...

 

Sounds like politics. MODS BAN HIM NOW

 

That's awesome and congrats on that. Made nowhere near that killing as 1) new and 2) funds weren't there. I think it could definitely rebound back to where it should be, but that, as you said, is assuming the market is allowed to function they way it should. Give it time and I'm sure something will happen

Out of curiosity, doin any calls this round?

 

This is how we handle red days

 

I want to play with his paws please (preferably while still attached.)

 

uhhh has it even been a week? Sarcasm i'm missing here?

 

Be careful
She is a real killer

 

Preferred but not necessary?!

 

Down 6.3%. Those bastards took almost all of it back. That's OK though. Still well into the houses money for the year.

Bought 5 BABA OCT 15 $150 calls. They are still technically in a downtrend but it's a gamble I'm willing to take. If they reverse trend in the next 14 trading days these will print well past 100%. They're up 15% at close today.

NVDA OCT 15 $200 puts up 82%
NVDA OCT 15 $215 puts up 99%.

Other then those two positions I got slaughtered. GTii, BBIG, COIN, ANY, XELA and TLRY all got hammered hard. The NASDAQ needs to get this correction over this week. If it dips to 14000 that's the 10% correction I've been waiting for. If it dips further I'm going all cash.

 

Vet got whacked a little in AH.

 

You don’t want to know how much down those corrections for the last week and especially today put me. But hey I’m up $150 on my F sale lol.

 

Last week when I liquidated our joint brokerage account my wife asked why. I told her that I thought things where gonna go south so I'd rather keep the 22% gains and get back in later. The rest of the week and yesterday she was fuming. She wanted to buy back in Friday. Even more so after yesterday. She's not home from work yet but I'm sure my shit eating grin will still be there when she gets home. lol