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If you lost money on meme stocks, you just aren’t good at trading to be honest. It’s free money.
What? They have $9 a share in cash alone. They are trading only 3x over cash value and aren’t bleeding to death anymore.
What? Very low single digits? You do realize the LOD that day was $5 or greater. It was literally exactly what I predicted.
9M shares on the nose. Maybe I know the options market well.
They had a $6.7m net profit in 2023. So they aren’t losing money annually, as I have already said.
They are positive annually. Hence positive cash flow.
Hence why I said 9-10M shares. I estimate he liquidated 80k contracts today leaving him with 40k. That would give him $56mm plus the $29mm in cash he already has totaling $85mm in cash. He then can exercise those 40k calls for $80mm. That would have him at 9M shares and $5mm cash in his account.
He will exercise and have 9-10M shares by my rough math estimate.
It’s really not. It’s exactly on brand for him. He’s just a cool dude who likes to troll. Either way $4B in cash, $9/share cash value, positive cash flow. Short thesis is long dead. Big push to $100 coming with capital being deployed. Shorts are bent.
Hunnit this week. Crazy stuff is going to happen.
Yeah maybe, never was good remember which Greek is which.
Yes but what drives the stock up is delta hedging via MM
Idk, I mean 32 days away. $6mm in premium. Could ride it for a while
June $20c
One large buyer of calls? Happens all the time. Same with puts. Delta hedging is what drove the stock into the close.
You are wrong. Someone loaded calls right before the close so the stock lit up.
Come on Janice I like how you call it how it is with scams, but really? They are cash flow positive and have $1.2B in cash and no debt. Yes they are a slimmer company than they used to be but they aren’t going bankrupt any time soon.
$100 this week
Could see $15? Idk pretty heavy volume pre market
Gamma ramp coming. $500 coming
Yup oh well
Open tmr $12
They aren’t going to dilute. Chill out. They raised last year.
Maybe. Needs to get over $2 but seems like when this reverses it goes hard for at least a day.
I can route through arca 4am-8pm with Etrade pro.
EFFECT
ARCA starts at 4am, if you have means to route through it.
How do you know?
Maybe, really needs to get over $2 tmr then can get to $5 quickly
Actually I agree with this which is why once the selling is done this will pop. How high depends on a few things.
Last update was like 2-11-22
Lol okay you will see. Doesn’t mean this can’t pop but if you think zero converted shares are hitting the market, well…
Lol oh I know way more than you think. Been doing this for a long time.
Listen, for my own sake I hope that’s true. I just don’t see how there isn’t some dilution here.
Yeah would like a strong close here then push starting Monday. Chart is ready for a Green Day
Yeah prob tmr. Three red days. Already a cult stock. People say $50 lol. I’m out at $5+
Tankage into the close but no worries. Hold this area into the weekend.
Would be ideal not to break $1.05 until tmr then squeeze into the weekend. Good luck
Took some here just for the chart. Tomorrow should be good. Can prob get to $5-$7 if the faucet is turned off for a little.
War to break out this weekend. $395 open Tuesday