Still think TITNC3: Return of the Iceberg was peak

AVUI
Gone up like 200% while I was in meetings this am

anyone in? Ughhhhh

 

From 15 to 30 I fly fished almost all the time. Then I moved out to Cali. I got into mini-jig fishing because I can consistently catch more big trout on jigs then nymphs or streamers. I still break out the fly rod when I want to relax but when I want to hook up 5 lb plus fish I grab the jig rod.

 

Yup...
KEEPING THIS CLEAN AND NEUTRAL....
I think our D-day is coming in the fall...
eviction moratorium expiring march 31 will get punted a few more times...They're just doing it slowly to not shock landlords.
they'll be a 'new strain' that pops up again as we approach school reopening in the fall..
rehash lockdowns...
poor sentiment..
usual market sell off...
Get to cash late august/early september and close your calls...MY guess...

 

I haven’t but I like that $9b number

 

Trying to close a $baba and buy a $crsr

 

I sold out completely last month. Made enough don't want to get slaughtered now that I have waited years for this market

I agree that the market will go down before it makes another nice run up. IM retired with more income a month than we use so I really don't need to take major risk

 

I'm not sure anything related to canabis is a great idea long term simply because the market is starting to become oversaturated and it's hard to tell who will last long term. The town I work in is about 10k people and over 20 MJ shops have been approved. There's no way they all survive and it's hard to tell which ones will.

On the other hand, having a public offering is likely a good sign that they are doing well for now.

 

I speak from personal experience, lots of schools are re opening early march. Many have been open the whole time. All my friends in Texas have been in school since last august and never stopped. Lots of Arizona schools did a hybrid until late October, shutdown, and will be re opening early march. Take this info however you want, but I know those two states track record with the 'rona isn't the great from a pure statistical standpoint.

 

I'm going into work late so I can eagle eye BABA's chart. I'll get out of most of my calls but I still think they are going to break out before expiry.

 

People are probably super shocked it held so high for so long and decided to sell while they could.

 

So if you have options trading enabled you should just sell long calls and buy long puts on your positions (Dividend stocks like T)
I'll lay it out in case this is martian talk to you..
It's called a "collar position" it's an ironclad way to protect your long term money without having to pull it out of the market.
Say you have 100 shares of T right now, trading at $28.63 and your comfortable with not getting massive millionaire gains and you're worried about a crash...
You sell the Jan 2022 $30 call for $167 and then you buy the Jan 2022 $25 put for $171...You can wait a few days in between contracts to see if you can get an EXACT $$ match or even squeeze some $$ out of it...
So what this does is
1. You get an 8% return on your $28.63 ($229) for the year
2. Your MAXIMUM profit on the stock is selling at $30 on or before Jan 2022 (If it goes in the money AND your exercised you lose your shares @$30 a share for a profit of $137)
3. Your MAXIMUM Loss is $28.63-$25.00x100 $383 because once it drops below $25 you have the right to SELL 100 shares at $25 (the put)
4. You can relax...AND if on Jan of 2022 the stock is under $30 and over $25 you win win win

 

Ahhh the symmetry...

 

APHA calls up 82% already today. That makes me happy

 

Out of curiosity do any of you guys here have a finance/investment banking background or just knowledge you've learned over the years?

 

Just learned by failure and experience over here.

 

I’ve learned not to listen to Reddit

 

TLRY FEB 19 $25 up 183% currently. And it's $3 below it's daily high right now.

See what I did there? lol

 

On the job training with a lot of trial and error. Mostly error.

 

I’m still learning this