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Started By
Message
2
Posted on 2/18/21 at 12:40 pm to CecilShortsHisPants
Need advice: I have 3/19 $50 call option. Already up 250 % - do I dump now and take profit or let it go a little longer.
They always say buy the rumor, sell the news....
They always say buy the rumor, sell the news....
This post was edited on 2/18/21 at 12:41 pm
Posted on 2/18/21 at 12:48 pm to CecilShortsHisPants
Posted on 2/18/21 at 12:51 pm to LSUregit
I'm pissed I didn't get in.
Posted on 2/18/21 at 12:51 pm to LSUfonte
quote:this is why when you make an purchase, you need to have an exit plan. No one can answer that for you
Need advice: I have 3/19 $50 call option. Already up 250 % - do I dump now and take profit or let it go a little longer.
They always say buy the rumor, sell the news....
If you're happy with the return, take it and run. If you were going to ride it until post merger announcement, wait.
Now if course that +250% could turn to -98% of it doesn't happen.
This post was edited on 2/18/21 at 12:52 pm
Posted on 2/18/21 at 12:53 pm to castorinho
Yeah, my plan was to dump at 200% guess I’m getting greedy. I’m holding my shares long term! Have a $14.25 average
Posted on 2/18/21 at 12:57 pm to LSUfonte
quote:
$14.25 average
Even without a deal, which is highly unlikely, the price won’t plummet past that number. i.e. worst case is an exit with your initial investment.
On the other hand, I’m shitting bricks right now with a $38.3 entry price
Posted on 2/18/21 at 1:01 pm to momentoftruth87
I kind of thought it wouldve settled by now. This may run to 100 like nkla
Posted on 2/18/21 at 1:08 pm to jimjackandjose
I’m thinking Lucid is playing hardball since public opinion considered their proposed $12B valuation was low. Hopefully not the case.
*This is 100% speculation. I’m just a squirrel looking for nuts.
*This is 100% speculation. I’m just a squirrel looking for nuts.
Posted on 2/18/21 at 1:55 pm to momentoftruth87
Would you consider it to late to get in now?
Posted on 2/19/21 at 2:08 pm to CP
Sold at $57 this afternoon. Good luck to those hanging in there. 
Posted on 2/19/21 at 2:08 pm to Turftoe
That's what I call a cliff.
Posted on 2/19/21 at 2:12 pm to castorinho
Wow, wtf happened?
Posted on 2/19/21 at 2:12 pm to castorinho
So trading is halted
Uhhh
Uhhh
Posted on 2/19/21 at 2:15 pm to el Gaucho
Bounced back like nothing lol. That was so strange
Posted on 2/19/21 at 2:16 pm to castorinho
I dont understand that. I looked over one moment and it was just stopped.
Posted on 2/19/21 at 2:17 pm to bubbz
It was a volatility halt. Since it just fell off a cliff.
Posted on 2/19/21 at 2:18 pm to castorinho
Yea, I knew that. I just couldn't understand how it dropped so quickly like that.
Posted on 2/19/21 at 2:20 pm to bubbz
The CCIV reddit megathread says it was a stop loss raid on warrants???
Posted on 2/19/21 at 2:23 pm to amgslg
That’s fricked up. They can do that crap, but we can’t talk on SM about stocks.
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