Any apologies should be self-explanatory, I would think, when it come to BBUCQ. If you look at the board posts five months ago, we all got excited and started guessing how high it would go, quoting a thin L2 and so forth, and I got caught up in that, going so far as to post a “What are people doing selling so low?!?!?” type comment. That was embarrassing and an apology was overdue, as in I meant to post that months ago, shortly after the buzz died down.
It was me who was the knucklehead, not taking profits. Every day it went up I kept raising my price, the price I would first take some or most of my money off the table, like any sensible trader should do. The price kept going up, but would miss my exit price, and eventually that left me and a few others bag-holding and wishing they had done some more DD.
Just a reminder, that even stocks like BBUCQ that burn bright for only a few days can make for profitable trades, leaving you with a happy memory and the confidence that you actually know what you are doing ... but only if you book your profits.
As for why I finally posted my overdue apology yesterday, I guess I was feeling good about a couple other pinkies, like SNDD and BNGI; yesterday was a good profit-taking day for both of those. It is pure co-incidence that today has seen a bump with BBUCQ; nothing to do with me. Like I said, as long as you buy low and sell high, you can think of a ticker fondly. Some of us need it to go much higher before we can smile about it again.
PS. Hey, G Street! Note: I think Gary was my guru on this one, but make no mistake, the failure to sell and leave myself with free shares, was all mine.
My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.
AI
