@HeidingOut @retard3dinvst0r Yea I'm looking much longer timeframe and that is why I am holding, I am looking a year out. I don't care if it goes to 150 next but I suspect $210 in very soon.
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Donkey building warchest
19.7K posts
Donkey building warchest
@from1to4000000
Working $1k to $4mm. ROTH IRA only. July 2020 moved $50k from my Vanguard ROTH to IBKR for more freedom. CAGR per Grok is 29.6% over almost 3 decades
Beigetreten Mayıs 2020
198 Folgt4.7K Follower
@from1to4000000 @retard3dinvst0r A chart can be both bearish and bullish on different timeframes. I imagine for someone as closed minded as he is that's a pretty difficult concept to grasp. But, to suggest it's retail w/ 48 hour perspectives moving the stock price on any level is actually retarded.
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Still holding my 1/4 position in $AAOI at $90 swing long bc well $90 gives you quite some cushion. I took spectacular profits on it all the way up from $42. But, wanted to give a special shoutout to that p*ssy @retard3dinvst0r who called me a fat a$$ b*tch bc I actually know how to read a chart. Your words really hurt my feelings. 😝 $AAOI
GIF
HeidingOut@HeidingOut
I bought puts on $AAOI. Just an FYI. I'm not going to give the price or particular options bc they were the only ones purchased today. Not short dated. Give yourself some time. I bought less than 10 in case we bounce.; I'll likely add to them on a bounce short of taking out $212. Seriouly, confused that we didn't at least test $185 so I'm not ruling that out. But, the price action I'm seeing doesn't align with my original wave count. The alternative is SUPER bearish in the short run (3 months). Sub $100 bearish. I always waste these opportunities so I'm not going to this time. $AAOI $AAOX
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@MaverickDots @jweil130 @michaeljburry So if I buy a stock at 50 and it goes to $10 and then returns to 50, I 5x'd my money? lol
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He is saying you 6x’d your opportunity cost at a common puke point for most investors. Effectively the 50% loss is sunk cost. So the most important decision is the most recent one and the most recent one in this decision chain is a 6 bagger. Hope that helps. Burry is slightly retarded.
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A stock falls from 100 to 10. That's a 90% decline.
The investor buys in at 10 because it is indeed worth 30.
But it has fallen so much it has become detached from the underlying business and so falls to 5.. The value investor is down 50%.
Which isn't as bad as 90%, but is still 50 effing percent.
The value investor could have sold at 8, and limited the loss.
10 years later the stock is at $30. While said nvestor gies to medical school and finsihes residency to become a surgeon.
That's a six times return in 10 years. About 20% per year.
Wait, is it not only a triple?
No, because the investor could have sold at 5 like just about everyone else did, but did not.
What I describe here is almost exactly WBD. And it didn't take 10 years, because it usually doesn't.
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@HeidingOut @retard3dinvst0r I will say the retard is correct though. They are going to rip it all at once to $210 and then through once all the weak hands are out. Same is happening wth $LITE
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@retard3dinvst0r Btw dumba$$ $AAOI trades 13M shares per day at an avg $161. It's not your grandma pushing the price down you clown. God you are literally a moron.
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Sadly I have family members who have had dementia. I know this frustration. This aggravated look on the Doctor Jill Biden is a result of years of daily frustration because Joe is completely incompetent in every factet of life. Just like when The Great Satan Obama used him as a puppet for a 3rd term in his attempt to destroy the USA. She lied to us for 4 years. She should rot in prison. Thank God for Trump! Trump Al-Afdal!
Miranda Devine@mirandadevine
Why does Jill look so aggravated? Like she's surprised he got lost on stage? As usual she shirked her duty of ensuring her husband wasn't embarrassed in public. It's despicable. Her access to the spotlight and VIP outings she adores is entirely due to him and she can't be bothered to be a decent wife.
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@nettermike Fuck her. These liberals think they can create their own laws. Nazi! Throw the book at her she is a Judge which makes it 100x worse. 50 years!
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A federal judge has UPHELD the felony conviction against former Milwaukee County Judge Hannah Dugan, who was found GUILTY of helping an illegal evade ICE agents at the courthouse
Dugan now faces up to FIVE YEARS in prison, disbarment, and steep fines.
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Following a very difficult meeting with my accountant, I just found out how much it is going to cost me in terms of an "exit tax" to leave Quebec and Canada. No human being in a free society should have their hard-earned money stolen in this manner. I'm genuinely numb. I'm speechless.
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@from1to4000000 Go here - definitely the best source:
specialsituationinvestments.com/2024/08/guest-…
(scroll down to end for latest comments)
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Supposively $FNCHQ auction 9am today. I do not know results. IBKR restricted me from buying, it is bankrupt and on the pinks I assume. Not sure about other brokers but seems market makers or someone took out all offers over the last half hour. Gives me hope the news is positive!
Donkey building warchest@from1to4000000
I’m long $FNCHQ again the last 2 days at $7.28 avg. stock is in lawsuit/restructuring/winddown mode. Bankruptcy filing hit the stock recently and provided good entry. I was last in this stock 2 years ago at $2 and missed the home run. Some good commentary on $FNCHQ can be found under @Steven_Kiel who incidentally has some quality $LQDA commentary.
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@mellowrk_lion Yes, exactly! Someone else's urgency is not our emergency. Their shit storm doesn't have to be our weather!
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@mellowrk_lion More money s made is large dollar and larger cap stocks because one can take much larger positions. Thus, even smaller percentage gains lead to larger pure dollar profits! People do not ever consider this fact.
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When this $MSTR and $STRC ponzi fully implodes I will use the carnage to finally get my 39 $BTC back!
Donkey building warchest@from1to4000000
Fun fact! I once had 39 $BTC Bitcoin, used arbitrage among different exchanges in 2013 to create a virtuous circle of zero risk building 1 $250 BTC to 39 BTC. Machines eventually caught on and I couldn't compete with speed. I sold 39 Bitcoin at $1200 at the very first peak.
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That definitely could happen, I just don't see it as being that imminent. Seems like it will take 2 years to unwind and really does depend on a sustained $BTC bear market over that time horizon (possible yes). $MSTR does not buy that much $BTC any more as a percentage of daily volume so I don't know that their bid disappearing directly influences the price. However, their bid disappearing would encourage shorts and spook longs, which could very well negatively influence price.
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The $MSTR implosion seems to have started via $STRC and it will soon spread to $BTC as the potential for the ponzi to unravel increases markedly. Could leak to a circle of negativity feeding on itself.
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