Board 8 > Stock Topic 23

(+) Yeah! (+)

Sunroof posted...

Its over $40 wtf do I drop another $100k into this LOL

Yes

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if we tell you not to buy will it switch you into sell mode or do you think you can HODL?

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I hope you make bank on this Moonroof. You're overdue. I believe!

But don't get too crazy now

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I will do as I did last time with AMC....listen to you guys blindly.

Here is the thing with this stock

It's arguably worth this at face value

I just think throwing that much money will cause bad habits

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Oh no Chris and Lopen are telling me different things with Blur hyping it all up

I think it halted?

Lmao looks like it's halted. If it goes to 33 and I could've gotten my original buy target that will be hilarious

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So now the price is going to drop a lot when we exit halt. You are going to want to sell. Do not do it. If you have shares you are fine

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Okay I will hold

After seeing GME halt so many times on the way up, I don't trust the logic that halts always equal drops anymore

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Its going again. I ordered while it was halted and got it for $38
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Closed out some of my AMC position and got some RKT Calendar puts.


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Its sinking! I shouldve sold right after the half abs then bought back in during the dip. Oh well. Holding.

Well shit

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I think my average price is around $37 at this point. $93k invested.

Once again this is why you don't throw a majority of your portfolio at a mooning stock all at once.

Still showing support at 36. I'll only buy more if it dips more. I would expect an EOD sell off

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Hopefully this RKT squeeze is why the market is down. Greedy shorts getting margin called and liquidating their long positions to avoid sending RKT to the moon. It's a much bigger market cap than GME so a smaller movement would still cause a lot of pressure in dollars.

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But Im so greedy

Wish I bought this morning but I got on break too late

Guess im sitting out feels bad man

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Green this is allegedly just the beginning

AMC screwed me the last time never again

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Yeah I don't like being late to stuff either. I got in AMC under 5 originally, which is why I was comfortable going big with that one. RKT I don't think I have it in me to throw too much more at.

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StartTheMachine posted...

Once again this is why you don't throw a majority of your portfolio at a mooning stock all at once.

Still showing support at 36. I'll only buy more if it dips more. I would expect an EOD sell off

What advantage is there to not selling EOD?

Hold till Friday you get the juicy $1.10 dividend

Hold past Friday the squeeze happens if shorty hasn't learned from last time

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Sunroof posted...

What advantage is there to not selling EOD?

A stock this hot could keep running AH and gap up big time tomorrow. It's just when stocks have crazy days like this, people who bought early naturally take profits.

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I got in at $29 ($30 if you account for my covered call loss) though so I may be a bit more calm than you

Real confident we pass $50 before this is over though

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Whats more likely, over 50% gains AH or negative 10% loss AH? Yes, Im treating you all like clairvoyants.

*Sees that massive bet Moonroof made*

Good luck!

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I just did the math (hopefully correctly). My average price is $36.82. I think.

Actually going to try to box it this time and see what happens. Very curious!



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Sunroof posted...

Whats more likely, over 50% gains AH or negative 10% loss AH? Yes, Im treating you all like clairvoyants.

I don't know, but it could easily lose a lot lot more than 10% AH. If it's GME part 2 it can also go up more than 50% AH.

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Lopen and Chris are BOTH confident that this will go above $50, so what do I have to worry about.....

I was going to ask sunroof something here but i think i'm going to wait

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Ask me now, I can take it.

Sunroof posted...

Ask me now, I can take it.

Alright...

Do you even know what RKT does?

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What are you going to do if you see -33% tomorrow?

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Its a mortgage company. Lol...

Cry.

If this RKT calendar put works out, I think I'm just going to use all my meme money on calendaring insane EV meme stocks.

Feels like its just straight up profiting on greed

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Masterplum, why are you raining on the parade

Sunroof posted...

Masterplum, why are you raining on the parade

A wise man once told me, you got to know when to hold em, know when to fold em

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I know when to listen to those who know more than me

Sunroof posted...

I know when to listen to those who know more than me

I have also made a lot of money

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This is true. I dont know what to do

Im considering selling for a profit and deciding before close whether to hold over night, since the current price isnt that far off from my average entry price.

Moonroof if you really want to lower your risk to almost 0 you could put all your shares into sold $36 calls that expire March 5th. If they cash out you effectively sold at around $43. If they don't your cost basis dropped to around $28 and you'd get the $1.10 dividend on top of that. Really low risk play for a decent little profit

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Lopen thats probably the intelligent thing to do but I dont know how to work options or calls or anything. I keep meaning to learn but things pop up.

But then you won't be able to participate in the rocket launch if it happens. And then why are you in RKT if not for that?

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If you really want to be safe sell like 80% of your investment and get a slight profit and hold a much more reasonable position size for potential profits

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You enabled options. Just sell open 25 March 5th $36 calls (You have 2500 shares right)

Then walk away till March 5th

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