Still think TITNC3: Return of the Iceberg was peak

Putting positive spin on stepping in a big pile of horse shit.

 

$VZ is almost at it's 52W low...Good dividend too...

 

Whoever had those $SPRT puts...good job closing if you did already..

 

I can't wait to see what this pile of horse shit is worth soon


Also I've been green since Feb, it's just a matter of waiting for triple digit % numbers lol

 

Probably less than it was 3 months ago, maybe less than it was last week. Lol

We will see, I’m just having fun with another date come and gone, a dreamed up catalyst that didn’t materialize, and the old, “even if it doesn’t squeeze the stock will be worth it” silliness

 

Do you own any shares? if so, why?

 

Of course. Because if I’m wrong, I’d prefer to be happy about it.

And I’d like to sell a chunk at 300 again

 

but it's a pile of horse shit? you should probably sell soon before it will be worth....

If you don't believe in the thesis of MOASS or the long term transition of the company then why even own shares?

 

Because there is value in buying a stock at 150 and selling at 300. Simple

 

I'm no rocket scientist, but that sounds like a value of 150...

 

but it's low right now at $178 and it's still a profit if your cost basis is $150. If you think it'll keep going down you should probably sell now, right? Simple

You REALLY think it'll climb back up to $300? Is that something a pile of horse crap could do?

 

MSM logic:

"GME misses earnings by 15% on EPS and beats revenue estimates. 10+% dip and MSM fud articles about them failing.

HOOD misses earnings by about 800-900%. Believe it or not, 10% dip and MSM articles In support of company."

 

When comparing 300 to whatever floor people throw out there, it’s pretty shitty. To me, it’s no different than how I play a lot of stocks. I sold 75% of my ASTR calls before their launch because I was pretty sure they’d screw something up. But in case they surprised, and succeeded, I held on to some. Now, if I was so oddly convinced the launch would not only be a success, but that they’d colonize Mars, I never would have sold any. Even on a successful launch that puts me up 1000%, I’d just keep buying waiting on the Mars colonization that puts my shares at 50 million.
In my case, I think the Mars thing is slightly less likely than it is probable, so I’ll take profits as I go.

 

Because other people do believe in the MOASS. Momentum. Once GME has it again I'll get back in at $150ish and out at $200ish. It's been fairly reliable for that. lol

 

I guess I'm just confused because you seem to have SUCH a negative sentiment on GME, but you are willing to keep buying and holding to make some profit along the way?

Why have a negative sentiment on a company that you are clearly (at least partially) bullish on?

 

Yea I dumped them on Friday. Made a little. Better than losing a lot.

 

Well If it drops to $150 I'm buying more lol