|
Originally Posted by Gunfighter
(Post 3172706)
With a hypothetical play portfolio of $100,000:
-How many positions would you hold? -Do you keep them equal in size? -How far out would you be buying/selling premium? -How often are you trading in/out of positions? -How much time are you spending per day/week/month managing the positions? |
Originally Posted by Finessed
(Post 3172912)
I’ve never been a fan of options trading because it’s essentially like going to the casino. I appreciate your advice and agree “covered calls” would be the way to play options trading. Essentially you’re the house, and we both know the house wins (not always though).
This is the problem I have with your post. Selling a call option would result in the individual selling to write up the contract, correct? You think a pilot like me is going to figure out how to write up a contract the likes of Warren Buffett’s math gurus write up their contracts?? a link below is the The Black-Scholes Formula used to write up option contracts https://www.investopedia.com/article...eat_market.asp It’s a dangerous game playing “the house” if you don’t know what the hell you’re doing. Really good explanation of covered calls btw, I actually took a screen shot of your post for future me to read over again. And I HATE the comparison of options trading and a casino. If you truly feel that way, then no it isn't for you. You are correct that it is a dangerous game if you don't know what you are doing. So I highly recommend that you educate yourself. After all, flying an airplane is dangerous if you don't know what you are doing, no? Selling a call option means nothing other than you have to be long the stock you are selling the contracts on. You only limit your profit potential, you cannot lose money if the option is assigned. Whatever you do, don't buy into these 'systems'. Learn what options are, how they work and be disciplined in your approach executio. |
Originally Posted by JamesBond
(Post 3173002)
Black Scholes is worthless.
And I HATE the comparison of options trading and a casino. If you truly feel that way, then no it isn't for you. You are correct that it is a dangerous game if you don't know what you are doing. So I highly recommend that you educate yourself. After all, flying an airplane is dangerous if you don't know what you are doing, no? Selling a call option means nothing other than you have to be long the stock you are selling the contracts on. You only limit your profit potential, you cannot lose money if the option is assigned. Whatever you do, don't buy into these 'systems'. Learn what options are, how they work and be disciplined in your approach executio. Buying Option Calls or Puts is literally the same as going to the casino. Technically hedgies use it as a “hedge” but unless you have a $100,000,000 portfolio what are we talking about. I haven’t bought or sold a single Option ever, as you stated I’ve heard all about the horror stories of the Robinhood investors buying up options and getting completely bankrolled. Your response was nothing more than a rant about nothing, good day. |
Originally Posted by Finessed
(Post 3173011)
“Hate” is strong stance I’d stay away from that. The conversation was specifically over “covered calls”.
Buying Option Calls or Puts is literally the same as going to the casino. Technically hedgies use it as a “hedge” but unless you have a $100,000,000 portfolio what are we talking about. I have bought or sold a single Option ever, as you stated I’ve heard all about the horror stories of the Robinhood investors buying up options and getting completely bankrolled. |
Originally Posted by JamesBond
(Post 3172974)
Didn't you just wind up agreeing with me? I sell naked puts. If the market trends down, I roll down. Do it all the time in a downward moving security. Easy peasy. I had 22 options (securities) expire OTM on Friday. Trump's economy has made this an awesome game. Biden's taxes will kill it.
|
Originally Posted by Gunfighter
(Post 3172927)
Doctors have White Coat Investor and lawyers have Big Law Investor. Can I get any volunteers for building out a similar site for pilots?
6figuredebtbarely5figurejob.com/tryingtosaveface Major/Legacy Edition: 3xwives7kids6figuresandbroke.com/ifilivepast68mineaswellbedeadcuzillbebroke Both domains available. Let me know and I’ll get it started. |
I have an idea: fourstripeinvestor.com
|
Originally Posted by JamesBond
(Post 3173022)
I disagree. Options trade right along with the underlying security. You get control of a lot more stock for a lot less money (if you buy.. which I don't, but that is another strategy) So if you think investing in AMZN or AAPL is going to the casino, then I guess I might agree, but going long on those two has not been disappointing. When a stock is going down, and I have sold a put option, I feel a lot like Wally Schirra in Gemini 6 when the motor shut off at T minus zero. Or like playing chicken with submarines in Hunt For Red October... you have to know when to blink. But to me, poker is random gambling no matter how much those rednecks on ESPN say otherwise. IT doesn't take a $100 million portfolio either. Jan 15th AMZN 3050 Puts are selling for around $50. That's $5,000 per contract in a little over a month. Just sayin. dyodd, ymmv etc etc
Selling the $3050 uses $300k in buying power. Selling the 2900/3050 uses $12k in buying power. $5k in premium for $300k buying power usage or $3k for $12k in buying power? It’s a personal choice, but I do strive for some semblance of an efficient use of capital and premium vs buying power usage. |
the real issue for me is content creation. It’s a full time job, even if I’m not personally typing It up. Lining people up to create the content is just as time consuming. I do think that there is a need for pilots to have a centralized location to discuss 1-Investing (equities, derivatives, RE) 2-Taxes 3-Misc cheap pilot/money saving stuff. |
Originally Posted by mispoken
(Post 3173110)
love the idea; selling the Jan $3050 is great but it takes up so much buying power, I’d probably buy the $2900 long put. This spread yields $3k in premium.
Selling the $3050 uses $300k in buying power. Selling the 2900/3050 uses $12k in buying power. $5k in premium for $300k buying power usage or $3k for $12k in buying power? It’s a personal choice, but I do strive for some semblance of an efficient use of capital and premium vs buying power usage. When using spreads you can accomplish three things. Efficient use of capital: Reducing that 300K to 12K while having the ability to make 60% of the gain allows many more trades. Capped Risk: Despite arguments to the contrary naked options can empty your account unless you are in front of the computer twenty four hours per day with your finger on the exit trigger. Non directional plays: You can use condors, etc. to spread both sides of the price and make substantial gains while the market goes nowhere. Naked options use too much capital for too little gain compared to limited risk plays. 10% per month is very doable with Condors. |
Originally Posted by Seneca Pilot
(Post 3173117)
Agree with you completely:
When using spreads you can accomplish three things. Efficient use of capital: Reducing that 300K to 12K while having the ability to make 60% of the gain allows many more trades. Capped Risk: Despite arguments to the contrary naked options can empty your account unless you are in front of the computer twenty four hours per day with your finger on the exit trigger. Non directional plays: You can use condors, etc. to spread both sides of the price and make substantial gains while the market goes nowhere. Naked options use too much capital for too little gain compared to limited risk plays. 10% per month is very doable with Condors. |
Originally Posted by DenVa
(Post 3171048)
I love these posts. Time to start taking some profits. When the taxi driver starts telling you about all the money they are making, it’s a sign of a top. Kind of like AA Doug saying they will never lose money again.
|
Originally Posted by Jaww
(Post 3172369)
Alright, I’m taking investment advice from a pilot. I’m all in with my fun money account.
|
Originally Posted by mispoken
(Post 3173110)
love the idea; selling the Jan $3050 is great but it takes up so much buying power, I’d probably buy the $2900 long put. This spread yields $3k in premium.
Selling the $3050 uses $300k in buying power. Selling the 2900/3050 uses $12k in buying power. $5k in premium for $300k buying power usage or $3k for $12k in buying power? It’s a personal choice, but I do strive for some semblance of an efficient use of capital and premium vs buying power usage. |
Originally Posted by JamesBond
(Post 3173423)
OK. you make a compelling argument. At what point do you close out of the 2900 option? With your spread, you could sell.... what.... carry the one.... ummmm... 25 of those and net $75K in premiums... for the same $300K. am I reading that right?
if that makes sense? |
Originally Posted by JamesBond
(Post 3173423)
OK. you make a compelling argument. At what point do you close out of the 2900 option? With your spread, you could sell.... what.... carry the one.... ummmm... 25 of those and net $75K in premiums... for the same $300K. am I reading that right?
Width of spread 3050-2900=150 credit collected 30 150-30=120 max loss in a regulation T account (or cash covered), the broker will withhold $12k in BP. You can extrapolate out from there, which you’ve already done. long answer long AF; yes. |
Originally Posted by TegridyFarms
(Post 3173077)
Regional edition:
6figuredebtbarely5figurejob.com/tryingtosaveface Major/Legacy Edition: 3xwives7kids6figuresandbroke.com/ifilivepast68mineaswellbedeadcuzillbebroke Both domains available. Let me know and I’ll get it started. |
Originally Posted by mispoken
(Post 3173121)
I prefer iron condors, iron butterflies, strangles and straddles for volatility crush plays (earnings). Or really, anything with elevated implied volatility rankings regardless of earnings or not. Tastyworks has a great and straight forward display of IVR.
I’ve started trading with some small-scale, limited risk covered calls and iron condors/butterflies just to watch them play out and learn. Do you guys keep the majority of your portfolio in buy-and-hold stocks and use a small portion for options? Obviously if a few hours a month of option trading can average 1-10% per month, that seems pretty worthwhile, so I’m wondering how you diversify your funds. I’m loving the options world, and how it appears to be somewhat of an art and a skill that can be learned, so again, thanks for the time in posting. |
Originally Posted by Jiggawatt
(Post 3173894)
Mispoken and JamesBond, your posts are great, thanks for the info and discussion. I just started dabbling in options using the Tasty approach. Question: if I understand correctly, the overall goal is a lot of trades, each with a potentially small reward ($100-$500) and often with limited risk (maybe $500-$1000). By using tools such as IV, the goal is to tip the odds in our favor over the course of a lot of trades. Is that about right?
I’ve started trading with some small-scale, limited risk covered calls and iron condors/butterflies just to watch them play out and learn. Do you guys keep the majority of your portfolio in buy-and-hold stocks and use a small portion for options? Obviously if a few hours a month of option trading can average 1-10% per month, that seems pretty worthwhile, so I’m wondering how you diversify your funds. I’m loving the options world, and how it appears to be somewhat of an art and a skill that can be learned, so again, thanks for the time in posting. Generally speaking, yes; the tastytrade method is trade small and trade often. They use spreads to limit risk and they don’t swing for the fences. Generally; depending on the trade you put a GTC order in at a specified profit target between 25-80%, but this is trade dependent. You look for elevated IVR as this leads to higher premiums. tastytrade is “ticker agnostic”, they don’t care what underlying stock is provided it meets minimum volatility. They open the trade 45 days before expiration, put the GTC in, if it doesn’t trigger reevaluate at 21 days from expiration, close or adjust. I would recommend you look on the tastyworks platform and check out the “follow” tab (the three people). Pay close attention to trades from BOB IRA, Liz and Jenny, Jim Schultz, Johnny and Lindsay. See what they’re trading and why. You can easily click the duplicate button and it builds the same trade for you. 1% per month (12% annually) is a piece of cake to do some trades with minimal involvement every month. The more aggressive you get the more time you spend managing your trades. I’ve almost created another full time job for me, but I love it, so it’s all good. hope this helps and wasn’t too scattered. |
Read "The Richest Man in Babylon".
Simple timeless investment and finance advice and practices. |
Originally Posted by TegridyFarms
(Post 3172358)
Telling you—RMG before close today if you can. Will be $28+ by 12/28 when the merger is complete.
Great call Tegridy....wish I woulda read this on the 18th. Would have taken a flyer on it. As of tonight, seems too close to your predictions and the options are exorbitant. When I finally caught up with the forum( several days behind) I looked up the quote but had to scroll back to the date of your post. You might not qualify as my "Huckelberry" but darned close .Made some decent money investing in some of the things I've read here. Your 30% gain over the past week on RMG could have been one of them if I had kept up. Kudos where kudos are due....also tip of the hat to GSZG Thanks Jerry, looked at your rec's and seemed like a space that I needed to be in. I am less leery of ETF's than I am of high flying individual stocks with no P/E. You had a coupla of ETF's and a coupla of individual stocks that have been gang busters. You don't know me but, you will if we ever layover together. I'll be the guy that will be buying you drinks and dinner. That is of course, if they let us outta the room on international layovers:D One can only hope. BTW...mods need to shear these last 25 or so pages off and make it a thread of its own. Folks have done remarkable well at keeping this on track Might also be nice to have a thread dedicated to retirement for the same reasons Misspoken....thanks to you too. Been dabbling in leveraged ETF's and options as a hedge for 40 years, but some of the defined risk, capital efficient option spreads from tastyworks will be entertaining to pursue during my retirement. |
Maybe someone can help me here. The following is from Investopedia explaining a bull call spread...
"A Real World Example of a Bull Call SpreadAn options trader buys 1 Citigroup (C) June 21 call at the $50 strike price and pays $2 per contract when Citigroup is trading at $49 per share.At the same time, the trader sells 1 Citi June 21 call at the $60 strike price and receives $1 per contract. Because the trader paid $2 and received $1, the trader’s net cost to create the spread is $1.00 per contract or $100. ($2 long call premium minus $1 short call profit = $1 multiplied by 100 contract size = $100 net cost plus, your broker's commission fee) If the stock falls below $50, both options expire worthlessly, and the trader loses the premium paid of $100 or the net cost of $1 per contract. Should the stock increase to $61, the value of the $50 call would rise to $10, and the value of the $60 call would remain at $1. However, any further gains in the $50 call are forfeited, and the trader’s profit on the two call options would be $9 ($10 gain - $1 net cost). The total profit would be $900 (or $9 x 100 shares). To put it another way, if the stock fell to $30, the maximum loss would be only $1.00, but if the stock soared to $100, the maximum gain would be $9 for the strategy." I can't understand why the $50 call is only worth $10. I would have thought it would be worth $11....Anybody? |
Your math is correct;
the difference in price of the underlying and the strike is the part of the value. I’m not sure where they get their math, but it’s an incomplete example. Their example assumes the contract is held to expiration and only takes into account what is called intrinsic value. Example; You buy a $30 call on DAL and the price goes to $40. Intrinsic value is $10 and your profit is the $10 minus the premium you paid. HOWEVER; if it is not expiration day for the contract, let’s say 30 days before it expires, the contract is worth $15. Why? The extra $5 is EXTRINSIC value. Extrinsic value gets a little complicated (this is where the black sholes model comes in) but suffice to say the extra $5 in premium is made up mainly of time value and volatility premium. Let’s say 30 days of time is worth $4 and the other $1 is due to inherent volatility in the underlying and market in general. Extrinsic value is finicky, and you don’t need to dig too far into the weeds with it. Main point is that the premium is intrinsic value+extrinsic value. |
I put on the 19 Feb 3000/2900 AMZN spread this morning for a $31 credit on 5 contracts. It's down about $100 in total. The $3000 Put half is up about $1500. Had I done it the way I normally do, I would be selling another put and putting a stop limit on it in case the market takes a dive. I get how this works, but I prefer to just sell naked puts and put in stops. I'll watch it for awhile, but I will sell out of the 2900 Put at $72 (I bought it at $70), and ride the sold puts.
Thanks for the info. |
Originally Posted by mispoken
(Post 3174048)
Your math is correct;
the difference in price of the underlying and the strike is the part of the value. I’m not sure where they get their math, but it’s an incomplete example. Their example assumes the contract is held to expiration and only takes into account what is called intrinsic value. Example; You buy a $30 call on DAL and the price goes to $40. Intrinsic value is $10 and your profit is the $10 minus the premium you paid. HOWEVER; if it is not expiration day for the contract, let’s say 30 days before it expires, the contract is worth $15. Why? The extra $5 is EXTRINSIC value. Extrinsic value gets a little complicated (this is where the black sholes model comes in) but suffice to say the extra $5 in premium is made up mainly of time value and volatility premium. Let’s say 30 days of time is worth $4 and the other $1 is due to inherent volatility in the underlying and market in general. Extrinsic value is finicky, and you don’t need to dig too far into the weeds with it. Main point is that the premium is intrinsic value+extrinsic value. Thanks....yea my bad. I cut and pasted only the relevant part that was confusing to me (that lost $1). Their whole example had the other applicable parts. I am/was comfortable with options except when they threw me a curve ball with that $10 not the $11. I bailed out like a weak kneed sissy |
Originally Posted by JamesBond
(Post 3174065)
I put on the 19 Feb 3000/2900 AMZN spread this morning for a $31 credit on 5 contracts. It's down about $100 in total. The $3000 Put half is up about $1500. Had I done it the way I normally do, I would be selling another put and putting a stop limit on it in case the market takes a dive. I get how this works, but I prefer to just sell naked puts and put in stops. I'll watch it for awhile, but I will sell out of the 2900 Put at $72 (I bought it at $70), and ride the sold puts.
Thanks for the info. If you sell the $2900 put back you now have 5 $3000 puts and will use $1.5 million in buying power (if I’m understanding what you’re doing right now). An important part of selling an in the money put spread is that this is more of a theta decay play (time decay) so time ticking away is where you’re going to make your money all while limiting downside and preserving buying power. But, got to do what you’re comfortable with. |
Originally Posted by mispoken
(Post 3174075)
Whatever works; but with the spread uses $35k in BP vs $300k. For me it’s a no brainer to use a spread. If the underlying is down on a put credit spread, a naked call will be down too.
If you sell the $2900 put back you now have 5 $3000 puts and will use $1.5 million in buying power (if I’m understanding what you’re doing right now). An important part of selling an in the money put spread is that this is more of a theta decay play (time decay) so time ticking away is where you’re going to make your money all while limiting downside and preserving buying power. But, got to do what you’re comfortable with. One other thing. On this spread, the leverage percentage gain is a LOT better than straight put selling. However, one does not use percentage to buy things. :) Have a great Christmas amigo. |
Originally Posted by JamesBond
(Post 3174081)
It is difficult for me to get my head around what a reasonable spread is. The one I put on has a $100 spread less the $31 premium, but in order to see any real money it seems that you have to put on a LOT of contracts, an then the danger zone can leave you open to having all those contracts assigned but then not being stopped at the bottom. The worst possible scenario would be to have the stock price at $2901 on expiration day which means you have to buy $1.5 million worth of AMZN and it is already underwater. Yeah I know... you have to watch it to know when to fold up your tent. But like I said, that is the part I am having a hard time getting my head around, especially with a big dollar stock and the volatility it can have from time to time. But again, thanks for the discussion. The brain exercise does give me something to think about anyway. I am just not sure if this method is right for me.
One other thing. On this spread, the leverage percentage gain is a LOT better than straight put selling. However, one does not use percentage to buy things. :) Have a great Christmas amigo. For a naked put that risks $300k for $7k it yields 2.3% return on the money at risk. I should have given an example as to why this is a no brainer to me. However, if your goal is in terms of absolute $ you will never beat “going naked”. |
Originally Posted by TegridyFarms
(Post 3173381)
You’re welcome :)
Thank you. I pulled the trigger on RMG this morning at 24.50. I had things to do, so set up to leg out at 27.50 and 28. Shoulda held but....cha ching! Kudos. |
Option Screening Tools
What tools are crowd favorites for locating profitable option trades? Does anyone use Valueline Options Survey?
|
Originally Posted by TegridyFarms
(Post 3173381)
You’re welcome :)
|
Originally Posted by 20Fathoms
(Post 3174156)
I’ve enjoyed reading this thread despite much of it being over my head. But after that tip, anyone know where I can get a subscription to the Tegridy Crystal Ball club?:D
Once the merger is complete on 12/28.... 12/29 it will open as RMO. Romeo Power. Romeo has Tegridy and is going to be a huge player in this market. THCB is one to watch. But at this point they do not have a DA (Definitive Agreement) which is the document that lays out the terms of the merger. I have FCEL too—that has been a runner and they offer a significant ROI if they execute. I would not buy that now. WKHS is next, waiting on a $6B deal with USPS. Drone technology being tested with UPS (rural). WKHS owns 10% of RIDE (Lordstown motors). Do your own due diligence, but I am a big believer in the horse. Been there for quite some time. Very volatile stock and not for the faint of heart but when the stars align I believe WKHS will be the TSLA of the last mile delivery trucks. They have some supply chain issues right now, one of them being batteries. My friends at RMG (RMO) have provided them with a very aggressive proposal and solution to solve their battery needs. Tegridy has some very good investments/trades, but does not like being liable for others $$$. So do your own DD, but with WKHS and RMG (soon to be RMO), you too can have some tegridy and quit living like a hobo and babysitting ARCOS. Merry Christmas Deltoids. |
Originally Posted by TegridyFarms
(Post 3174168)
Tegridy doesn’t mention something unless Tegridy knows, and Tegridy knows about the EV sector. RMG isn’t even close to being finished, but last week was the ideal time to get in on that action. RMG technology and maturity level of the production cycle is better than QS, and QS ran to over $100 this week.
Once the merger is complete on 12/28.... 12/29 it will open as RMO. Romeo Power. Romeo has Tegridy and is going to be a huge player in this market. THCB is one to watch. But at this point they do not have a DA (Definitive Agreement) which is the document that lays out the terms of the merger. I have FCEL too—that has been a runner and they offer a significant ROI if they execute. I would not buy that now. WKHS is next, waiting on a $6B deal with USPS. Drone technology being tested with UPS (rural). WKHS owns 10% of RIDE (Lordstown motors). Do your own due diligence, but I am a big believer in the horse. Been there for quite some time. Very volatile stock and not for the faint of heart but when the stars align I believe WKHS will be the TSLA of the last mile delivery trucks. They have some supply chain issues right now, one of them being batteries. My friends at RMG (RMO) have provided them with a very aggressive proposal and solution to solve their battery needs. Tegridy has some very good investments/trades, but does not like being liable for others $$$. So do your own DD, but with WKHS and RMG (soon to be RMO), you too can have some tegridy and quit living like a hobo and babysitting ARCOS. Merry Christmas Deltoids. This thread is great, but I would hate for it to turn into a “hot stock tip” thread. We all know how that ends. The EV stocks that are being listed are ones I follow as well, and often trade contracts on. Please be advised, these aren’t for the faint of heart and require a very high pain threshold. If you’re truly seeking to build wealth and be in equities for the long hall DO NOT START WITH THESE EV STOCKS. This is how people swear off investing from the get go, the whole “law of primacy” thing. I’ve seen it a lot. So, I’d like to pause for a moment and reiterate; start with a Motley Fool Stock Advisor, and take a good look at their starter stocks. Great discussion, hope it keeps on rollin! |
Originally Posted by mispoken
(Post 3174203)
i love tegridy’s goals; not stalking ARCOS like the dude that just got his 9th GS has been, is what I seek as well.
This thread is great, but I would hate for it to turn into a “hot stock tip” thread. We all know how that ends. The EV stocks that are being listed are ones I follow as well, and often trade contracts on. Please be advised, these aren’t for the faint of heart and require a very high pain threshold. If you’re truly seeking to build wealth and be in equities for the long hall DO NOT START WITH THESE EV STOCKS. This is how people swear off investing from the get go, the whole “law of primacy” thing. I’ve seen it a lot. So, I’d like to pause for a moment and reiterate; start with a Motley Fool Stock Advisor, and take a good look at their starter stocks. Great discussion, hope it keeps on rollin! As I also stated in an earlier post I made my initial mini fortune on sbux, cmg, pypl, v, and what should have been a blockbuster in NFLX. Furthermore I had cash on hand to take advantage of this massacre in March 2020 and printed six figures on Boeing, Live Nation, SBUX, and AAPL. Tegridy knows EV. Tegridy has given his fair share of disclaimers. Not about hot stock tips. It’s about educating and pointing people in a direction, letting them do their own DD. I’ve toured the Lordstown facility (former GM facility) in Ohio. I know what I am getting into before I go balls deep. It always starts with an initial position with cash on hand to respond accordingly, and the discipline to cut my losses in the rare circumstance that I am not even on the same field as the game is being played. What you said about “hot stocks” and the “law of primacy” is what cost me $600k when “Netflix was a joke. A company that sends one, two, or even three DVDs out via US mail for $9.99 a month (unlimited) was not ever gonna be worth more than it is today (at $40-$47).” Little did I know at the time that the entire plan for the companies future was hidden in plain sight. I just needed to read SEC filings, listen to conference calls, etc. The hardest part about this gig is the leg work (due diligence) and actually knowing what you own. |
Originally Posted by mispoken
(Post 3174268)
Im not doubting your thorough research on EV stocks. I’m not saying you’re doing anything incorrectly and I’ve seen your disclaimers. We have similar investing styles, actually. Just pointing out when you say “Electric vehicles and renewable energy are hot hot hot.” That can be “FOMO” inducing for some.
https://twitter.com/tiktokinvestors/...342379523?s=30 Sent from my SM-N986U using Tapatalk |
RMG +74% since last Friday.
It’s clear that reading some of these comments, with some of you mentioning revenue and fomo.... you are unclear on what a SPAC is, the stages of a SPAC, and the benefits of a SPAC. Especially in the EV sector where power is the largest supply chain bottleneck. What do I know though? For some I guess it’s easier to sit there and call a 36 year old self made millionaire a dumb monkey who throws darts at a board and gets lucky with fomo stocks. [MENTION=13699]Trip7[/MENTION]. Your most recent post on here about revenue and fomo and blah blah blah is EXACTLY what people were saying about effing NFLX a decade ago. Come on boomer you fly jets for a living. You’re a smart guy. You should be able to look at a market, see a need, find a solution, invest in that solution. That’s all I am saying, and this will be my last stock “tip” I post on here. Trying to help people out and you get **** on. If you want a “tip” from me you can pay for it just like my subscribers do. |
Originally Posted by TegridyFarms
(Post 3174287)
RMG +74% since last Friday.
It’s clear that reading some of these comments, with some of you mentioning revenue and fomo.... you are unclear on what a SPAC is, the stages of a SPAC, and the benefits of a SPAC. Especially in the EV sector where power is the largest supply chain bottleneck. What do I know though? For some I guess it’s easier to sit there and call a 36 year old self made millionaire a dumb monkey who throws darts at a board and gets lucky with fomo stocks. [MENTION=13699]Trip7[/MENTION]. Your most recent post on here about revenue and fomo and blah blah blah is EXACTLY what people were saying about effing NFLX a decade ago. Come on boomer you fly jets for a living. You’re a smart guy. You should be able to look at a market, see a need, find a solution, invest in that solution. That’s all I am saying, and this will be my last stock “tip” I post on here. Trying to help people out and you get **** on. If you want a “tip” from me you can pay for it just like my subscribers do. BTW, humility in investing is essential, because for many a fund manager that started boasting about short term returns, humble pie followed soon after. "Although there are good and bad companies, there is no such thing as a good stock; there are only good stock prices, which come and go." -The Intelligent Investorhttps://uploads.tapatalk-cdn.com/202...9d233f6150.jpg Sent from my SM-N986U using Tapatalk |
Originally Posted by TegridyFarms
(Post 3174287)
RMG +74% since last Friday.
It’s clear that reading some of these comments, with some of you mentioning revenue and fomo.... you are unclear on what a SPAC is, the stages of a SPAC, and the benefits of a SPAC. Especially in the EV sector where power is the largest supply chain bottleneck. What do I know though? For some I guess it’s easier to sit there and call a 36 year old self made millionaire a dumb monkey who throws darts at a board and gets lucky with fomo stocks. [MENTION=13699]Trip7[/MENTION]. Your most recent post on here about revenue and fomo and blah blah blah is EXACTLY what people were saying about effing NFLX a decade ago. Come on boomer you fly jets for a living. You’re a smart guy. You should be able to look at a market, see a need, find a solution, invest in that solution. That’s all I am saying, and this will be my last stock “tip” I post on here. Trying to help people out and you get **** on. If you want a “tip” from me you can pay for it just like my subscribers do. Who’s pooping on you? All I see are attaboys coming your way. I will poop on your humblebrags though. I’ll also point out that you mock someone flying GS all the time as if that’s a lot of work, then in the next breath bemoan traders who aren’t willing to do all the hard work you say is necessary to achieve your level of success. It sounds like flying GS is easier than trading stocks successfully, and the money is 100% guaranteed. |
Originally Posted by TegridyFarms
(Post 3174287)
RMG +74% since last Friday.
It’s clear that reading some of these comments, with some of you mentioning revenue and fomo.... you are unclear on what a SPAC is, the stages of a SPAC, and the benefits of a SPAC. Especially in the EV sector where power is the largest supply chain bottleneck. What do I know though? For some I guess it’s easier to sit there and call a 36 year old self made millionaire a dumb monkey who throws darts at a board and gets lucky with fomo stocks. [MENTION=13699]Trip7[/MENTION]. Your most recent post on here about revenue and fomo and blah blah blah is EXACTLY what people were saying about effing NFLX a decade ago. Come on boomer you fly jets for a living. You’re a smart guy. You should be able to look at a market, see a need, find a solution, invest in that solution. That’s all I am saying, and this will be my last stock “tip” I post on here. Trying to help people out and you get **** on. If you want a “tip” from me you can pay for it just like my subscribers do. Touting a correct guess above is telling me all I need to know about how you operate. You’re not the only mid 30s person to achieve great financial success investing. I’m not sure if you think you are proving something with that statement? The FOMO comment was mine, not trips, and I can see by the reaction on this thread that this is exactly what happened. You hyped it, People bought, people won. Great, that was a 50/50 call. Why don’t you lay out about 100 more price predictions with 30 days or less for the target and we will keep score and see how it works out? Short term stock price targets are not indicative of knowing or not knowing something about the EV space (I do, and I agree it’s the future) but you won’t see me on here saying “PLUG $xx.xx by January 5th” because that is a true fools errand. I’m not questioning your thorough research, I’m not questioning your knowledge of EV. We know you toured a factory (you told us a few times). Here is what I can say with 100% certainty, if you keep making short term price predictions, people will lose and you will probably make another round of potential investors who want to build generational wealth, swear it off and go out and buy a rental house instead, when you and I know this is such an easy way to do it. The FOMO comment was mine, I deleted my post because I didn’t want this thread to devolve into a p**sing match as they usually do on this board. But here we are. let’s at least keep a clear distinction between short term gamble trades and long term, buy and hold investing. link us to your service. I’ll pay to play. I’ve done them all. |
Originally Posted by mispoken
(Post 3174304)
I know exactly what a SPAC is; look at all of the people that made trades based on your short term prediction of $28. Imagine the gears that are turning now. If you’re making short term price predictions...well...good luck with that. I’m not against short term trades but, you may be opening up Pandora’s box for some. Your disclaimers are quickly trumped by FOMO, people jump in to make a quick buck.
Touting a correct guess above is telling me all I need to know about how you operate. You’re not the only mid 30s person to achieve great financial success investing. I’m not sure if you think you are proving something with that statement? The FOMO comment was mine, not trips, and I can see by the reaction on this thread that this is exactly what happened. You hyped it, People bought, people won. Great, that was a 50/50 call. Why don’t you lay out about 100 more price predictions with 30 days or less for the target and we will keep score and see how it works out? Short term stock price targets are not indicative of knowing or not knowing something about the EV space (I do, and I agree it’s the future) but you won’t see me on here saying “PLUG $xx.xx by January 5th” because that is a true fools errand. I’m not questioning your thorough research, I’m not questioning your knowledge of EV. We know you toured a factory (you told us a few times). Here is what I can say with 100% certainty, if you keep making short term price predictions, people will lose and you will probably make another round of potential investors who want to build generational wealth, swear it off and go out and buy a rental house instead, when you and I know this is such an easy way to do it. The FOMO comment was mine, I deleted my post because I didn’t want this thread to devolve into a p**sing match as they usually do on this board. But here we are. let’s at least keep a clear distinction between short term gamble trades and long term, buy and hold investing. link us to your service. I’ll pay to play. I’ve done them all. *Stands* *Claps Vigorously* Benjamin Graham is somewhere smiling Sent from my SM-N986U using Tapatalk |
| All times are GMT -8. The time now is 10:41 AM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands