History tells me ... eh, no comment.

Really miss that guy! “ It’s a Big Ole Goofy World “

 

Picked up some $CHWY on the $35 dip after earnings...

 

Just poking around my taxable account which basically just sits there until I sold this $DKNG...

I've had some $BMY since 2017....garbage is DOWN 11% over 8 years WITH the 5% Drip

 

It's in an IRA account. -22% since Sept 2021.

Absolute turd. I bought a lot of healthcare during covid. Didn't work out. I think BMY is the last bit I haven't flushed.

And the analysts love it(!)

 

Yea but I have the gift of youth and ignorance on my side. Buy more NVDA and PLTR and I get rich right? Surely it’ll never pop, cus market only go up duh

I do need to diversify a little extra. Gonna look back through those energy stocks yall were talking about. Getting everything squared away for shipping out in less than 30 days now

 

Well, sure....it's not like it could go any lower...so buy now!
If you bought it 4/2013 you're even money today...

 

$OPEN is crazy...
the $8 calls for tomorrow were $2 TWO DOLLARS yesterday....They are $214 now....Vol was 16,000 so you have to figure at least 5,000 open contracts overnight.

 

Fck me.

I had PG, MRK, BMY & PFE. Probably lost money on the whole lot.

 

I have a friend who works for a major player in the injectable attenuater market...he was flying high on his stock options....
Sep 2021 they were at ~$450/share....$25 today...

 

Speaking of options, after many decades of investing, I dipped my toe into the option pool last week. I'm doing so in order to force my own hand into a better understanding.

Right after the 1:10 $LCID split in Mid August, the price tanked to around $15. So I snagged (10) $15 Calls for next Friday. They've done well.
My question is this, and I'm not seeking direct investment advice, just information gathering... With Calls that are in the money, I believe the top is $20/share, and the calls are priced right there, would you close them out or ride for a week, just for the experience. My ego wants to take the victory, but my inner gambler says let it ride. It's small $$$.
i watch markets all day long. Every day. But this doesn't feel like investing.

Since then, I've sold Covered Calls on $RKLB, $ASTS. And bought a ton of $SOFI 2026 Calls so I can take some winnings off the table but not change my position.
I'm enjoying the action, but it doesn't feel sustainable (to me).

I dunno, just rambling as we reach 4PM.

 

Reminds me of my AOL days. I was there for a short time, after the party ended, and there were a lot of people crying in their beers. Perpetually.
Same thing back when I worked at Qwest. And Iridium. lol

 

LOL...My favorite personal tech moment...
Posted Aug 13, 2020 at 9:50 AM
https://www.tacomaworld.com/threads...-etfs-401ks-etc.531854/page-831#post-23970602

Update....$19.5M

 

Been there. Used to work in the semiconductor sector (equipment suppliers). When it's good, it's good, but it doesn't stay good and may never get good again. If the options don't vest in time a potential Bugatti turns into a Corolla.

 

Never made a penny on employee stock options. Not. One. Penny.

 

Ok, so you want the good news, or the bad news?

The good news is that you can stop kicking yourself over this.
The 1992 price of $0.50/sh is already adjusted for all the splits.
You're adjusting both sides (price and share count) when only one is necessary.


The bad news is that the theoretical $1000 investment would still be $135000 today. But all those gains were from the 90's anyway.
Now if you had a crystal ball and flipped the CSCO into NVDA right at the dotcombust, you'd have $154M.

I hope this news (coming from an Ex-Masshole) gives you some inner peace.

 

You know I never realized that until you pointed it out...the present day price IS adjusted for the dilution...so you have to divide the present day price by the splits to get the share price...
($69/144)x288,000=$135ishK or 2000 shares today....

So this led me to find the ACTUAL ticker price that day and it turns out $1000 would buy about 17 shares...

So THAT would be the basis to now have 144x17 2448 shares for $168K and the DRIP Is tough to get to 1992....back to 1995 is 2,367.87%

 

I own a good chunk of $SOFI and started racing $VOO against $SFY about 12-15 months ago. Moved my SP500 capital over to the winner in 2Q of this year.

 

I have a dozen donuts sitting in front of me. I can sit down and enjoy my donuts. Or I can wait it out and maybe get some more donuts, but could also lose all my donuts.

A win is a win. Take the donuts.

You can always do a half and half type of thing. Take your half dozen donuts, and gamble with the other half dozen.

Trading vs Investing.