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TopicStock Topic 34
Lopen
11/10/21 11:25:12 AM
#175
Anyway the thing to realize with FUBO is short sellers have their eyes on it because they do think it won't be a profitable business model and it'll continue hemorrhaging funds until the stock goes bankrupt or dilutes to death.

You're basically playing the attrition game with it if you think they're making smart moves the EPS will go eventually flip positive.

I think selling puts/calls is the right play for now, but that first earnings where they're flirting with positive EPS (which was not this one and honestly wasn't that likely to be this one-- no real reason they'd have enough of an uptick in subs and the sports book isn't going to have revenue yet on this ER) it's going to fly super hard imo.

I'm glad it's tanking because if BBIG plays out as I think it will, I'm going to have a LOT of money come January and that means a ton of FUBO at cheap prices because I don't think it bounces till next earnings run-up.

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TopicStock Topic 34
Lopen
11/10/21 11:15:14 AM
#173
I'm up on FUBO overall but part of that has been luck in needing the funds at opportune times.

Like I had a stack of 26c that expired Nov 19 that I sold when FUBO was at $32 to put into DWAC that I made quite a sum on but imagine if I held them till now lol

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TopicStock Topic 34
Lopen
11/10/21 11:03:54 AM
#170
  1. Do you think it's going to go bankrupt or need to do another offering before it has good news?
  2. Do you need the money now?
If the answer to both is no then realize price on the stock doesn't matter it's all about whether you have a reason to think the price target has changed.

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TopicStock Topic 34
Lopen
11/10/21 10:47:06 AM
#168
If you wanna buy FUBO sell puts down here. You get great premium and it's not going to bounce till closer to next earnings.

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TopicRate the VG Story Day 150: Resident Evil 4
Lopen
11/10/21 10:25:37 AM
#20
Put me in the dumb but silver camp

7/10

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TopicStock Topic 34
Lopen
11/10/21 10:17:02 AM
#165
Very very strange price movement from BBIG this morning. I definitely think $4.37 is the floor. Cost to borrow is getting very high around 100% so it's becoming very unsustainable to continue to short with that number holding

That in mind I bought a bunch more calls down there and now it's $4.57. Strange to see things actually green total gain with respect to BBIG

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TopicSooo is anyone playing Diablo 2: Resurrected?
Lopen
11/10/21 12:26:33 AM
#158
Ugh all this talk about farming has me wanting to play d2

Maybe I'll just buy it on the Switch right now

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TopicSooo is anyone playing Diablo 2: Resurrected?
Lopen
11/09/21 11:59:27 PM
#156
Also this may go without saying but if you run a game and get a Manald Heal and a Nagelring to drop I would say it's probably worth it to full clear the entire game. No joke. Literally every area or at least the areas that can't drop Dwarf Star or Raven Frost. Getting a ring to roll unique on a drop that isn't as likely to roll unique is going to be more likely than getting that 1/31 or 1/16 roll on an Andariel unique ring drop

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TopicSooo is anyone playing Diablo 2: Resurrected?
Lopen
11/09/21 11:48:09 PM
#155
Like I think if in a Nightmare game you get Manald Heal and Nagelring to drop the next unique ring would have a 1/21 chance of being SoJ up from 1/51 (or 100% chance of being SoJ if you kill one who can't drop Raven Frost or Dwarf Star) because those two are more common on the drop table by far in NM

It's something like 15/51 Nagel, 15/51 Manald, 1/51 SoJ, 10/51 Raven Frost, 10/51 Dwarf Star. Think the later rings don't actually drop. But if they do their chances don't hurt SoJ much anyway as their odds are 1/59x2, and 3/59x2

Side note if you use this strategy Hell becomes more viable to drop SoJ too but I think a decent amount of NM rules out Dwarf Star and Raven Frost so keeping them out of the calculation is good.

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TopicSooo is anyone playing Diablo 2: Resurrected?
Lopen
11/09/21 11:37:07 PM
#154
So one trick for a slight edge in getting the SoJ that you may not realize is that the same unique can't drop in a given game instance more than once.

So if you ever run NM Andariel for example and don't get it but get another unique ring (particularly if it's a common one like Nagelring) it might be worth your time to run every boss in the game that has a reasonable chance of dropping a unique ring before making another game. Like all the act bosses as a start. I think the Summoner has a decent unique ring drop rate too-- probably most plot bosses do

The one time I got SoJ that's how I did it. IIRC Duriel actually has an almost identical SoJ drop rate to Andariel but takes a bit longer to find is the main reason he isn't run more

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TopicWho are the most universally-liked Pokemon?
Lopen
11/09/21 10:56:14 PM
#91
Bulbasaur was my first thought but Gengar might be better. Definitely one of those two

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TopicFinal Fantasy Music Contest (FFMC) Day 3: Ft Zanarkand Ruins v Force Your Way RK
Lopen
11/09/21 10:47:06 PM
#33
Side note despite voting for both the FFVIII remixes I kinda prefer the original FFVIII tracks in both cases. Quality close since they don't change a ton but they seem a little too busy now I guess? Do I need choral singing in everything not really

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TopicFinal Fantasy Music Contest (FFMC) Day 3: Ft Zanarkand Ruins v Force Your Way RK
Lopen
11/09/21 10:41:09 PM
#32
Force Your Way RK
The Extreme XIV
Save the World
Kuon

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TopicWhich mythology is better: Greek or Norse?
Lopen
11/09/21 10:25:40 PM
#6
I like Greek mythical creatures better but like Norse tone and gods better

Voted Norse

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TopicStock Topic 34
Lopen
11/09/21 9:47:41 PM
#164
To be clear I don't think Zoom is going away or anything but it's priced at around 80 p/e and I think it's about grown to the extent it will and is more at home around somewhere between 30-40 which is more typical of companies that have exhausted a lot of their growth

And lowered earnings guidance will get it a lot closer to that.

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TopicStock Topic 34
Lopen
11/09/21 9:22:39 PM
#162
Well I hate to root against you redsox but I have 5 190p that expire after Zoom earnings. We'll see which side wins

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TopicStock Topic 34
Lopen
11/09/21 7:38:05 PM
#159
Not too late moonroof get 10000 shares hold through January get rich with me

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TopicStock Topic 34
Lopen
11/09/21 7:31:22 PM
#158
Evacuate? In our moment of triumph??

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TopicStock Topic 34
Lopen
11/09/21 7:01:38 PM
#156
Knowing you believe in a stock is when you're excited it goes down for earnings because you want to buy more of it before it takes off

BBIG should start lift off when that dividend happens which should be the end of the year which means I can go super hard on fubo before next earnings

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TopicStock Topic 34
Lopen
11/09/21 6:18:05 PM
#154
Okay good to know I'll err on the side of caution for now. Maybe if the warrants become literal pennies I'll think about it.

Side note I thought I was so clever selling BGFV 60C Nov 19 calls for $300 a pop now it's looking like they may take them but I guess worse fates than being forced to exercise for over $2500 profit each

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TopicStock Topic 34
Lopen
11/09/21 10:40:46 AM
#152
True story I'm up on BBBY around 1k and I put like 2% of the capital in

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TopicJosh Hawley AGAIN tells MALE GAMERS to get off your LAZY BUMS and WORK!!.
Lopen
11/09/21 9:33:26 AM
#10
MechanicalWall posted...
You could very well spin the argument into saying that the reason people aren't participating in the workforce is because of obscenely low wages for a lot of positions that don't require a college degree, and obscenely high costs of education if you do decide to pursue a bachelors.

And luckily the one benefit to the pandemic is that seems to be changing. Well the wages thing

"Unskilled" labor is in such high demand these days that my (underpaid mind you) friend in IT could get a $4 an hour raise going to to Walmart as a fresh hire

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TopicStock Topic 34
Lopen
11/09/21 9:21:23 AM
#150
BBIG right back down to where it was before the PR lol

Cost to borrow shares hovering around 90% minimum now though. This will be violent when it pops. I think only the actual dividend bring issued may shake them at this point though. Part of me suspects that the shorting algorithm certain funds may use is being screwed up by last quarter's EPS being reported as -5 too (due to acquisitions) and that the earnings call not having anywhere near that will cause them to cover.

But yeah actual news movement seems to be snuffed out and hidden under more short interest utilization and borrowed fees.

At least I stopped with the weeklies ha ha

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TopicJosh Hawley AGAIN tells MALE GAMERS to get off your LAZY BUMS and WORK!!.
Lopen
11/09/21 9:13:33 AM
#6
ChainLTTP posted...
I mean, he's right.

There is nothing wrong with gaming as a hobby or watching porn now and then, but if you dedicate the vast majority of your time to either of those two things, you're no more productive to society than a functional drug addict.

So much of happiness is derived from doing something meaningful beyond one's own pleasure.

It's not so much it's wrong that it's a strawman

These people willingly staying unemployed aren't spending every waking hour of every day masturbating and playing video games. Heck if you're an avid video gamer you need money to buy them. Doubt many chronically unemployed people are playing a ton of video games.

People waste their time doing all sorts of things-- the problem is you have an entire generation of people who got exceedingly generous free government handouts for a year while the people who kept working through the pandemic got nothing, which makes it hard for people to muster up the willpower to bother.

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TopicStock Topic 34
Lopen
11/09/21 1:09:03 AM
#148
Hey @StartTheMachine what's the word on AVCT these days. Those warrants and the stock itself seem super cheap now

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TopicStock Topic 34
Lopen
11/08/21 8:32:33 AM
#140
Moment of truth for BBIG

Pr released with ratio of 10:1 for Tyde shares. Up 10% pre-market let's hope she can run

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TopicFinal Fantasy Record Keeper Topic 54: Dual Awakenings-Awakening Harder
Lopen
11/07/21 1:47:39 PM
#30
Got my 4 fire odin (water weak) copies

Then figured while I remembered his pattern it'd be a good time to at least try Magic.



Good decision. Actually got him in one try which was very satisfying. Edge is so beastly with all his stuff. I only used Triune for the last stretch, used Dyad + Sync to get through most

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TopicStock Topic 34
Lopen
11/05/21 3:54:29 PM
#130
Going to go with Zoom being the next PTON

3x 190p that expire after the ER (Nov 26) purchased today

Will purchase more week of earnings if it hasn't dipped much by then. With almost 90 p/e ratio a retrace to $160-$170 range off an underwhelming ER seems plausible.

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TopicStock Topic 34
Lopen
11/05/21 3:41:46 PM
#129
Well today was a good lesson in how to make a $1200 gain into a $300 gain but a gain is a gain I suppose.

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TopicStock Topic 34
Lopen
11/05/21 2:46:44 PM
#127
Hoping this run can run straight through $24, only way my $28s have much chance.

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TopicStock Topic 34
Lopen
11/05/21 2:38:54 PM
#126
masterplum posted...
My hope by the way is we see a little bit of pre earnings FUBO hype that spikes the price up a bit. Then we can dump our puts before earnings.

This seems smart if you're worried. Earnings run-up seems very likely. Buy them back just before that point and you should make some money.

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TopicStock Topic 34
Lopen
11/05/21 1:50:48 PM
#124
IMO hold till $44.06 or 2023, whichever is first

Could legitimately see it going to much higher than $44.06 though-- because, again, look at Dillards

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TopicStock Topic 34
Lopen
11/05/21 1:38:37 PM
#122
Now at 3 22s 16 28s

I know, 28. Ambitious! Heh heh heh.

Think it could hit 30 today.

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TopicStock Topic 34
Lopen
11/05/21 1:21:14 PM
#120
I am saying I don't really think it's a meme stock anymore. It'll get that crew but it isn't really needed. Kroger partnership and buybacks with shorting is all you really need

The comparison for a 2023 hold isn't GME it's Dillards who did the same thing (chain store that was making profits did aggressive share buybacks when they were shorted to send the price flying)

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TopicStock Topic 34
Lopen
11/05/21 12:57:20 PM
#117
Now down to 4 22cs of BBBY and 8 28cs of BBBY

Let's see if this pro slingshot technique works or it's just silly juking

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TopicStock Topic 34
Lopen
11/05/21 12:46:35 PM
#116
Citron apparently released a $50 pt for BBBY

Which to me is actually completely reasonable with the Kroger deal, announced buybacks, and current short interest that will inevitably need to be covered.

Moonroof you want an easy winner buy shares of this one and hold through 2023. Should be an easy doubling+ with shares. Calls are riskier because you have to nail down the timing but this stock has nowhere to go but up mid term.

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TopicStock Topic 34
Lopen
11/05/21 12:35:48 PM
#115
Sitting on 5 22cs of BBBY right now that expire today after I sold 3 of them to go +$50 on the stack

Feeling PRETTY GOOD about this.

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TopicStock Topic 34
Lopen
11/04/21 4:22:34 PM
#109
I almost went with a put on PTON and instead went with a call because open interest was so high on the put vs the call

Turns out sometimes open interest is for a reason and the MMers can only screw with them so much. What can ya do.

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TopicSooo is anyone playing Diablo 2: Resurrected?
Lopen
11/04/21 3:35:21 PM
#105
"Use a shield" fixes a lot of early game resist problems yeah

Even if you don't know about ancient's pledge you can just chuck some diamonds in there for almost the same effect

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TopicStock Topic 34
Lopen
11/04/21 3:24:12 PM
#107
Got 5 calls of BGFV

Seemed like a good idea.

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TopicStock Topic 34
Lopen
11/04/21 3:08:23 PM
#105
Moonroof posted...
Just sold 17 contracts at $30 for 11/12. Got $1790. Market just expect it do crash.

Should have sold $33 puts imo. If it goes down it'll be by a lot and you're going to get assigned and if it goes up you're not going to get assigned so may as well collect higher premium

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TopicStock Topic 34
Lopen
11/04/21 1:04:16 PM
#97
Although to be fair next week is earnings.

I think that's why puts have such premium. Could move huge.

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TopicStock Topic 34
Lopen
11/04/21 1:00:23 PM
#95
You and me both man. $1200 a week to possibly get more shares of a stock I want. Would be nice to have moonroof money right now.

Too heavy in BBIG right now to do that though.

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TopicSave My Smash Ultimate Character: Day 30! [SMSUC]
Lopen
11/04/21 12:08:42 PM
#20
Richter

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TopicDo you expect an inheritance from your parents?
Lopen
11/04/21 10:56:36 AM
#15
I think my mom's death cost me around $1500 net

And I've never even met my dad

Where's the negative 0 to 10k option

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TopicStock Topic 34
Lopen
11/04/21 10:29:47 AM
#89
Playing BBBY

Announced partnership with Kroger
Announced 400m of share buybacks to take place in 2022
Squeezes with GME/AMC, short is around 25-30% of the float
Flew from $15 to $29 a couple of days ago and has pulled back to $20

The 2023 calls seem like free money at this point. Me I'm playing a bit risky and going with the Dec 03 calls and the May 2022 calls. May grab a stack of next week calls too depending on price action today. Looks like MM are trying to pin it below $20 this week so if it barcodes below $20 the price might go down enough that the next week stuff is worth a shot

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TopicWhat's the last game you played without playing the previous games?
Lopen
11/03/21 9:20:22 PM
#44
With all the limitations the pool is surprisingly limited.

Warcraft 3 I guess? Never played WC1 or WC2.

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TopicStock Topic 34
Lopen
11/02/21 9:32:12 PM
#84
Nanis23 posted...
If CAR is WSB fault then it's pretty obvious why GME is rising
Those stocks always go up together

Well I'm pretty sure the reason is squeeze causes margin calls, so the other things hedges that were shorting go up as they're forced to cover some positions

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TopicSave My Smash Ultimate Character: Day 28! [SMSUC]
Lopen
11/02/21 3:08:53 PM
#101
Ryu

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TopicIs Smash Bros a fighting game franchise?
Lopen
11/02/21 2:47:39 PM
#128
pjbasis posted...
I mean it's definitely growing and more visible than it ever was before.

Give it time. The fighting game mode will be the true mode eventually.

Unsure as I feel there was more hype for Smash in general during the Brawl days (which is a shame since Ultimate is the best Smash game since 64) than there is now

So while competitive has a bigger piece of the pie now it's a smaller pie they're cutting from

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