LogFAQs > #965007569

Like I have my July calls. If the stock price hasn't gone up by then, I'm not going to keep investing in it. I will accept I was wrong. My Jan 2023 calls and shares are my long investment. Those stay regardless because those aren't my squeeze investment.

My theory has always been to shoot a few months behind the dividend with calls because that's how OSTK moved. I'm not showing any signs of being closer to wrong today about anything other than the date (which is now known) than I was months ago-- the stock price doesn't have to move linearly-- last time it moved huge it moved like 2-12 in a week. So the price not having moved yet is irrelevant. The next two weeks (Monday in particular), that will be relevant. No coincidence my short term calls are 5/27 expiry, as 5/27 is the day Tyde distribution takes place (5/18 is record date).

Current Stock Price should have basically no relevance to what you think the stock price will be. The timeline should be in your head, and the justifiable stock price at that time should be in your head. The price is just psychology to trick you into selling if the news hasn't warranted the drop.

The lesson to learn with Zoom is having a moment of reflection and considering why you thought that higher stock price was warranted to begin with. Is that still the case? If it's not, and you're not selling and are averaging down, you're not learning but are instead in denial. It's the opposite of learning. But the current price shouldn't mean anything to you. News and guidance is what should mean things to you.