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re: MEGL IPO starts Friday

Posted on 8/18/22 at 7:32 am to
Posted by DawgCountry
Great State of GA
Member since Sep 2012
31555 posts
Posted on 8/18/22 at 7:32 am to
Got 4 shares of GCT. In for $50
Posted by Diseasefreeforall
Member since Oct 2012
6741 posts
Posted on 8/18/22 at 7:40 am to
quote:

Got 4 shares of GCT. In for $50

Me too. Was hoping to get more because this IPO is not as hyped but no dice.
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4555 posts
Posted on 8/18/22 at 9:07 am to
A whopping 3 shares for me!
Posted by slackster
Houston
Member since Mar 2009
89808 posts
Posted on 8/18/22 at 10:48 am to
quote:

till sitting on ALL of my shares of MEGL. Maybe one day I'll cut a chunk out of my losses. I don't expect it to get back up to 200+ but maybe I can recoup 50% sometime in the future.


Yikes.

Idk why you’d believe in this company long term when you bought it as a highly speculative play, and perhaps those losses could be used to offset taxes and gains elsewhere. I know cutting bait sucks, but it would seem best in this situation.

ETA- based on your posts you have around $11k in MEGL. Would you put $11k into it today if you just found out about it?
This post was edited on 8/18/22 at 10:50 am
Posted by DawgCountry
Great State of GA
Member since Sep 2012
31555 posts
Posted on 8/19/22 at 8:43 am to
GCT making a run this AM
Posted by JKLazurus
Member since Jun 2016
261 posts
Posted on 8/19/22 at 8:54 am to
quote:

based on your posts you have around $11k in MEGL. Would you put $11k into it today if you just found out about it?


Given they have 9 employees and made $200k last year, who wouldn’t want to jump in?
Posted by FLObserver
Jacksonville
Member since Nov 2005
15230 posts
Posted on 8/19/22 at 9:09 am to
These stupid halts and trying to sell/buy


Sold 2 shares and doubled my profits

Can now buy a hamburger.
This post was edited on 8/19/22 at 9:17 am
Posted by Diseasefreeforall
Member since Oct 2012
6741 posts
Posted on 8/19/22 at 9:33 am to
quote:

Sold 2 shares and doubled my profits

Can now buy a hamburger.

Yeah, I made enough to cover my Amazon order yesterday.

If anyone wants in on the next one it's STBX and Webull says that the expected close date is Monday so it's probably a good idea to preorder today. The IPO goes live on Tuesday.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15230 posts
Posted on 8/19/22 at 9:47 am to
i got 3 shares left and holding if it hits 50 i may bail
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/23/22 at 5:57 pm to
quote:

It was a gamble and I have to accept my mistakes and move forward.


I really admire you for saying that. I won’t comment on the YOLO trade. I don’t think that it would be right to say anything critical, given the situation. As long as you learn from something, it’s not all bad.

Good luck going forward. I mean that.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
69230 posts
Posted on 8/23/22 at 6:38 pm to
I just read this whole thread. You makukkas are wild.
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