Economy stonks v8, the wrath of icahn

[BIKES!]

What a day. AAL went pretty nutts, still going in after hours. Dump tomorrow and reload on Fri?

 

[rob mafia]

lolz @ micron continuing to get massacred on surprise good news (competitor doing shitty)

 

[rob mafia]

Gambled on MVIS and lost.

i've been selling $1 puts on this (8/-11/), and i'm still not totally comfortable (ie: i refrained from selling boatloads, even with the nov puts being at .30) given their price history.

 

[44nutman]

i've been selling $1 puts on this (8/-11/), and i'm still not totally comfortable (ie: i refrained from selling boatloads, even with the nov puts being at .30) given their price history.

I am in a better place with them right now. The earnings call was such a shit show combined with over 3 in the Pre market it was a punch in the face I did not expect. During earnings I was watching the share price going straight down.
Also during the question portion some fucking dude named Kevin was asking nuanced technical questions about there patents. QuestionS a majority of people would have to research what he was asking. Fucking Kevin. We needed questions about the sale. Eat a bag of dicks, Kevin.
They are over 1.90 now and I am back in at 2.05 so don’t feel so bad now. End of the day they want to sell and have good tech.

 

[rob mafia]

I am in a better place with them right now. The earnings call was such a shit show combined with over 3 in the Pre market it was a punch in the face I did not expect. During earnings I was watching the share price going straight down.
Also during the question portion some fucking dude named Kevin was asking nuanced technical questions about there patents. QuestionS a majority of people would have to research what he was asking. Fucking Kevin. We needed questions about the sale. Eat a bag of dicks, Kevin.
They are over 1.90 now and I am back in at 2.05 so don’t feel so bad now. End of the day they want to sell and have good tech.

so you're saying i should sell more puts on them. got it.

edit:


this week is so weird. the thing most blowing up in my face are puts i sold on uvxy (vix 1.5x) at $23. and even those aren't too costly.

i sold puts on mu and stx before wdc dropped them, and they're basically inconsequential (bought back the stx for a meager gain, instead of waiting to see what happens tomorrow, though. i usually let them run closer, especially with iv crush).

 

[rob mafia]

amc trades at appx $4/share

their EPS was -$5.44

 

[brackis1]

Another siren of low val that I keep looking at is CNDT Conduent
A failed Icahn stock. Huge revenue, no income. Absuirdly low val, but insider buying.

This just went up 100% on earnings and didn't realize it was today. Hope someone listened to me lol. God what a tease. This is what happens when I go on vacation and a reminder I should be playing options so that I don't lose these.
Got carded for telling someone to go fuck themselves for laughing at the Beirut deaths, so I might be done with the WR cesspool and just stick to MMA PBPs if at all. Any of yall on a discord or something?

 

[Final Say]

This just went up 100% on earnings and didn't realize it was today. Hope someone listened to me lol. God what a tease. This is what happens when I go on vacation and a reminder I should be playing options so that I don't lose these.
Got carded for telling someone to go fuck themselves for laughing at the Beirut deaths, so I might be done with the WR cesspool and just stick to MMA PBPs if at all. Any of yall on a discord or something?

Mods here suck dick, ditto for the discord if anybody is on one. Otherwise you should stick around, fuck em

 

[44nutman]

so you're saying i should sell more puts on them. got it.
).

NO I am saying fuck Kevin.
Did have some good news today. I bought some $zsan at .98 on 07/21, because I like there micro needle technology, which makes it easier to deliver drugs and the bonus was they are working on a migraine drug. Figured at that price I could get a bunch of shares and take a Covid gamble on them. Figured most people will get the vaccine and the micro needle sounded like a great product. I would have bought more but like most companies at that price range they are cash poor, so took a medium gamble on them. . Well after market they announced they signed a 5 year 250 million dollar deal with Eversana, and it jumped 21% after market and is up 100% the last month. It will open up tomorrow. They wont be cash poor for at least another 5 years.
After the bullshit $MVIS and $APT pulled with earnings($APT released it a week early with no fan fare, earnings were good but it was a ham fisted release, fucking Canadians), I needed a winner because yesterday and this morning had me on tilt, I just had 2 days of 10-8 rounds and I was the 8. I was almost doubting I knew what the fuck I was doing. Then $TAST, and $PLUG flew and $MVIS did not tank today and I am fucking back.
Stonks only go up.

 

[rob mafia]

lolz @ jobs report. i keep waiting for a dip that may not come for a while. haha. oh, well. i guess i can be happy picking up steamroller pennies for another week.

 

[brackis1]

lol PENN up 10% again.
One of the biggest fanboi runs this side of Tesla.
I've been sitting in FEAC waiting some hopeful reverse merger news with a sports gambling co. In that time Penn is up like 40% lol.

I got burned trying to short CVNA intraday yesterday but knew it was "fuck ur fad" drop time and loaded up...it opened down 5%

 

[Final Say]

Thought I was slick buying puts on AMC before earnings, gonna be stuck holding them over the weekend as they reached +6% today

 

[rob mafia]

Thought I was slick buying puts on AMC before earnings, gonna be stuck holding them over the weekend as they reached +6% today

no idea. i picked up a few puts on amc, myself. it kinda makes no sense. it's as if people valued amc at ~$10ish or something.

but the puts were so cheap that i don't really mind. it won't even be a small blip.

 

[Final Say]

no idea. i picked up a few puts on amc, myself. it kinda makes no sense. it's as if people valued amc at ~$10ish or something.

but the puts were so cheap that i don't really mind. it won't even be a small blip.

True, but still even looking at the numbers kinda gives me a headache. I don’t understand. Still should be profitable next week.... I think..

 

[brackis1]

lol PENN up 10% again.
One of the biggest fanboi runs this side of Tesla.
I've been sitting in FEAC waiting some hopeful reverse merger news with a sports gambling co. In that time Penn is up like 40% lol.

I got burned trying to short CVNA intraday yesterday but knew it was "fuck ur fad" drop time and loaded up...it opened down 5%

Damnit Had a chance to reshort after closing this at 220, already down again to 202 lol.

 

[brackis1]

Ahh yes just what the world needed: a CNBC segment covering the 2 year anniversary of "420 secured TSLA" tweet and then praising Elon Musk as "one of the richest men in the world".
Literally a financial network praising a dude for committing securities fraud.

 

[rob mafia]

Ahh yes just what the world needed: a CNBC segment covering the 2 year anniversary of "420 secured TSLA" tweet and then praising Elon Musk as "one of the richest men in the world".
Literally a financial network praising a dude for committing securities fraud.

better than replaying that pelosi grandstanding clip 12 times yesterday.

cnbc sucks. and i'm pissy that i basically have to have it on.

 

[brackis1]

better than replaying that pelosi grandstanding clip 12 times yesterday.

cnbc sucks. and i'm pissy that i basically have to have it on.

I mean that's at least relevant to the world and something going on that affects the economy.
TSLA shit is literally just criminal nonsense.

 

[rob mafia]

I mean that's at least relevant to the world and something going on that affects the economy.
TSLA shit is literally just criminal nonsense.

the pelosi clip was just grandstanding bullshit, though. it wasn't relevant to anything. at least tsla is a publicly traded company. haha

it would be nice if they actually did their damn jobs, instead, though.

 

[brackis1]

Jesus christ the Overstock bitcoin run is hilarious. Well done portnoy.