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Economy stonks v22, infrastonksture

brackis1 said:
damn I was spot on. Too bad I cant get premarket action
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the only question is if this is directly from the buybacks or if it's from traders. they can only buyback so many shares per day, so this could just be the start of a weekly run... if the pr isn't a bluff.

regardless, i got some juicy iv to play with.
 
rob mafia said:
i'm super bullish on uwmc.

shit SHOULD be bullish - but i have no idea about the timing (the market's/price action, i mean). regardless, they're profitable, have a 7% dividend (and the notes should allay some fears that the dividend isn't safe), and have impending buybacks. also, they just opened up weekly options, so i can steal more premiums.. the downside is basically that the ceo is seen as erratic (uncertainty) and the stock is apparently hated.
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You think it's still a good buy at $6.74? Looking for a win since my portfolio is completely in the red right now, lol.

Bry
 
Bry said:
You think it's still a good buy at $6.74? Looking for a win since my portfolio is completely in the red right now, lol.

Bry
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yes, but with an asterisk that the iv is sky high and it may have violent swings upcoming. if they're serious about the buybacks, they could cut the float in half over the next weekish.

(i haven't sold any shares yet, just calls)

the float is tiny (it was ironically their 'problem' before [re: index inclusion] ), so this could skyrocket. of course, it could also fizzle and normalize. but the weeklies have 200% iv and a lot of buying.
 
lol and I'm back short LCID I guess cause it's above 52?
 
haha that is true :) lol, but would like to get it a little greener.

Bry
 
Scalped lucid calls for 20%. Sold reto for small L and started a swing on bctx
 
Fuck. Turned in my last report last night at 2:30AM, did not fall asleep until 4. Wanted to pick up some $UWMC this morning on the buy back announcement. Did not wake up until 10:30 and its up 18%. Should have put in an order at 4am.
 
44nutman said:
Fuck. Turned in my last report last night at 2:30AM, did not fall asleep until 4. Wanted to pick up some $UWMC this morning on the buy back announcement. Did not wake up until 10:30 and its up 18%. Should have put in an order at 4am.
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4am was already too late. iirc, it was 7.25
 
Missed my Aurora limit order by .20 cents and it goes up 30% today.

Of course.
 
rob mafia said:
4am was already too late. iirc, it was 7.25
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What I liked is the dividend is like .40/Share a year which for that share price is pretty good.
I own $CIG, which is a Brazilian power company that is right now $2.40 a share(I own at $2.01) that pays almost .05 a share dividend once a year. It is a decent return on the share price.
 
My shit box stocks are bouncing like a dead cat.

Dcrc up 7% and accelerating.

Figs up 4.5% love this stock long term....its overvalued but I'm willing to average down big time.

Went heavy in iwm premarket at 231. Looks like the perfect retest after an 8 month consolidation.

Also sold puts on dog shit sava at the lows other day...up 50% on them already
 
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