Still think TITNC3: Return of the Iceberg was peak

You guys have me thinking markets are open with all this talk.

 

I wish they were. It's weird not being in a state of anxiety at work whether a stock took a dive or leap when I'm doing actual work.

 

People make this "Why does the market every close" argument...but I like that it closes...think of the stress/obligation of paying attention 24x7 like Bitcoin...WTF happened at 2:47am...I was sleeping...OH no... 3:22am it Fell $3,000...Wake UP!

 

Really relevant. From that point of view it seems so obvious what would come of it

 

Oh man,
CRAZY report out about Natural Gas, world supply and demand..
Remember the U.S. switched TONS of electric power generation from coal to natural gas, allowed nuclear to be decommissioned and didn't replace them...
Now we have all but ceased domestic production of natural gas and the world supply/production is lagging so far behind demand they are proposing raising prices until it's so expensive demand falls off due to lack of purchasing power...
A very cold winter in the Northeast U.S. and Europe could deplete reserves.
Yes, that's right, make gas so expensive that the poor cannot afford to heat their homes...
and that's why $VET
https://economics.rabobank.com/publications/2021/september/gasflation/

 

..and here in jerz they've been frantically trying to convert as many towns as they can to nat gas
Coulda easily seen this coming

 

Who says the US has all but ceased production? We haven't. Sure, we still have rigs offline but have the ability to easily ramp up production if needed. The Russian connection will be a huge problem for Europe. It shouldn't affect us much. Prices will rise because of the "transitory" inflation not because of a huge supply shortage on the domestic front. At least that's how I see it playing out.

https://www.eia.gov/dnav/ng/hist/n9050us2a.htm

 

The real question is what this does for my TELL position.

 

Rockets man. Rockets. lol

https://www.fool.com/investing/2021/09/26/down-around-40-from-its-high-could-tellurian-stock/

The real question in my portfolio is which one takes off first. BBIG or GTii. Everything else is just background noise. lol

 

Lol, yea. I’d be fine with either. Since I’m still heavier in GTii, I’d choose that one, but I can buy more BBIG if I need to

 

I'm almost equally vested in both. That's kinda crazy when I say it out loud. lol

 

We will know soon enough. Hopefully

 

I'm only down 3% on GTii and 9% on BBIG. Smallish moves in either will produce gains. That's the rub. Do I play it smart and take a meager 20% gain on these trades or do I hold out for the life changing wind fall that will most likely never happen? lol

 

You know, I didn’t get into them for 20%. I could make 20% on far less stupid things. I’m not buying a $20 scratcher and then selling it back to the cashier for $24! Not until I’ve scratched enough to know it ain’t worth shit. I don’t think enough of the ticket has been scratched on these yet. I repeat, yet. Ask me tomorrow if they are actually up 20% though My mind is capable of changing on occasion

 

If BBIG gets the FOMO I think it will because of the 260% SI figures I'm gonna play it safe and sell some shares. I set this up pretty well to have some flexibility with when to sell. My shares have a cost basis of $6.96. My 50 NOV 19 $6 options have a break even of $7.25. This will allow me to sell some shares and still have the options to exercise if the price continues to move up.

I've pretty much bought myself a 2 month window for this to execute. With the amount of chatter it's already receiving over the weekend there's bound to be volume this week. How much and how far north it goes will dictate when I sell.

 

The last couple of days Twitter had seen a lot more mentions of BBIG and the SI. I think tomorrow we are going to at least see a good spike in just retail buying in.

 

All but ceased?
The company I worked for over the summer had 2 rigs out drilling pads with 4-6 wells per pad. Last I heard they were thinking of bringing another one in.

 

I'll most likely stay up till 1AM to see what the pre-market brings. The amount of mentions BBIG has gotten in the last 48 hours is huge. If that 260% is real then HF's are gonna need to do everything they can to keep a lid on this. As soon as we see one mention of it on national coverage then we know for sure it's gonna be big. For right now I'm tempering my expectations of a 1000% return. lol