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tugofpeace

Trakanon Raider
470
1,038
I regret buying into SOXL. I thought I was being smart by buying the dip..

50 shares @ $57
50 shares @ $48
100 shares @ $38
100 shares @ $32

This turd dropped all the way from $68. My cost basis is ~$40 but I have a bad feeling it's going to hit the teens before it gets anywhere close to $40.

Premiums are also garbage now so can't even sell calls, but I did make some on the way down.
 
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Haus

<Silver Donator>
13,188
51,516
Loss porn for da boys. This was today.

View attachment 560542
Loss porn you say?

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View attachment 560578

This is the sum of the parts argument for google. Obviously can argue with some of the valuations but even taking a more pessimistic view you start to see there is a good bit of potential value inside google than it's current share price shows.

I wonder where Android as an OS and whatnot, and the associated Google devices and such figure into this mix. If they REALLY want to screw with Google IMHO they force them to divest Android and it's related ecosystem.
 
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Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,401
123,624
I kept so little of bitcoin position it actually annoys me seeing it :)
View attachment 560613
Hole up. You broke down and bought DIS?

ken jeong ha gay GIF

I regret buying into SOXL. I thought I was being smart by buying the dip..

50 shares @ $57
50 shares @ $48
100 shares @ $38
100 shares @ $32

This turd dropped all the way from $68. My cost basis is ~$40 but I have a bad feeling it's going to hit the teens before it gets anywhere close to $40.

Premiums are also garbage now so can't even sell calls, but I did make some on the way down.
Falling knives are painful to catch. Decide if it's going to recover, if not then cut bait and reinvest the remaining capital.
You can run covered calls to make some premium back but you are so underwater that getting assigned would be painful.

We have all been there. Sucks.

Edit: weird it merged two replies. Sorry.
 

tugofpeace

Trakanon Raider
470
1,038
Falling knives are painful to catch. Decide if it's going to recover, if not then cut bait and reinvest the remaining capital.
You can run covered calls to make some premium back but you are so underwater that getting assigned would be painful.

We have all been there. Sucks.

Edit: weird it merged two replies. Sorry.

Idk if it will recover, but I'm planning on holding it. I got burned really badly when interest rate hikes started and am only now breaking even.

Can never really predict the market, some of my holdings had been down for a long time then out of nowhere on zero news the stock bumps at 30% in a few days. With something as volatile as SOXL I'd rather hold and collect premium while I wait for recovery.
 

Jysin

Ahn'Qiraj Raider
6,508
4,522
tugofpeace tugofpeace

You’re in a 3x levered semiconductor ETF. These type of tickers are not meant as long term holds. They have decay built into them. You are also buying into the highest chip valuations seen since leading up to the dotcom bubble (AI hype). Just be aware of the huge risk you assuming here. The decay alone should be concerning.
 
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Jysin

Ahn'Qiraj Raider
6,508
4,522
Blazin Blazin

Eff that. Money is money. I bought DIS this year when it was testing the Covid prices in the $80s. Sold on the 120’ish pop on news. Rebought back down in recent lows and now sitting at a 20% gain again on that position. My profits always come before my politics. No apologies.
 
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Palum

what Suineg set it to
27,479
43,713
Ain't nothing gayer thank the USG but I don't see anybody not owning any dollars. Guess we're all fags in the end.
 

Hateyou

Not Great, Not Terrible
<Bronze Donator>
17,015
44,723
Small position for my daughter in that particular account. I tend not to mention a stock if I don’t even have at least 100 shares. So yes gay but only a little bit gay
“I only sucked on the tip of his penis”
 
  • 4Worf
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Reactions: 4 users

Jysin

Ahn'Qiraj Raider
6,508
4,522
Up 6% on that OXY dip buy a few pages back.
21% on DIS
10% on IWM
11% on IJS
9% on F

Tough not to take profits. These could keep running on a Santa Rally.
 
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Reactions: 1 users

Jysin

Ahn'Qiraj Raider
6,508
4,522
TradingView Black Friday deal is live. -70% off is the best deal you will find all year.

Click my referral link and get a further $15 off.


1732547170236.png
 
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Reactions: 2 users

Blazin

Creative Title
<Nazi Janitors>
7,126
36,628
I love reading people saying "The rally isn't sustainable it's just NVIDIA!" and now "This rally isn't real NVIDIA is RED!"
 
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Rangoth

Blackwing Lair Raider
1,809
1,920
Just so people know it's not all sunshine, I was assigned on my 440 MSTR put, and it's now at 411! This was a 0DTE I placed on Friday.

My actual cost basis is something like 431.xx(still calculating). I sold the exact same 440CC for 25.42.

So if assigned again I will have made 3.5k ish for a 44k investment for 1 week....or 7.8% by my math. If not assigned I made 2.5k for a week off the same amount. I will continue to wheel this until the IV dies down. Not quite sure I am on the MSTR long term hype chain yet and I would have double bitcoin exposure due to my BITO holdings.

This thing has a WSB craze behind it at the moment, but unlike GME it is actually backed by something, just a question of believing in that something which is bitcoin can't lose.


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Blazin

Creative Title
<Nazi Janitors>
7,126
36,628
Move in rates today pretty impressive. Makes for challenging Fed decisions to not completely lose control of the narrative
 
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Daidraco

Avatar of War Slayer
10,405
10,876
I bought into SCMI when I last talked about it. Was thinking "Lets see where this goes" with 644 shares at 23.28/piece. Should have bought it when it was down low at 17, but I had just came off shorting it. Never mind 15k was all I had in free equity. Also thinking, no way this shit will keep going up. But now?... Market closed at 38.41 today. Thank you for the additional ~9743 so far, Sanrith Descartes Sanrith Descartes . All you did was mention it, but <3
 
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Asshat Foler

2024 FoH Asshat
<Gold Donor>
48,194
43,397
For those who are RKLB-curious

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edit - position as of this morning… I think I deserve the FoH annual award of most lucrative stock play Blazin Blazin ..
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