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re: RKT - what's really going on?

Posted on 3/2/21 at 2:27 pm to
Posted by Sterling Archer
Member since Aug 2012
8359 posts
Posted on 3/2/21 at 2:27 pm to
Bought some 3/19 24 & 28 strike calls back in January. A very good day
This post was edited on 3/2/21 at 2:32 pm
Posted by LEASTBAY
Member since Aug 2007
16526 posts
Posted on 3/2/21 at 2:40 pm to
You holding overnight? I'm sitting at 400% on the day. Thinking after hours gonna be wild.
This post was edited on 3/2/21 at 2:42 pm
Posted by Sterling Archer
Member since Aug 2012
8359 posts
Posted on 3/2/21 at 2:56 pm to
Yeah, I'm leaning towards just holding. What about you?
Posted by JW6
Member since Jul 2013
1729 posts
Posted on 3/2/21 at 3:03 pm to
Definitely hold till Tuesday.
Great business and squeeze now by Reddit. Wow. Double trouble. Could get to 100 by weekend
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40950 posts
Posted on 3/2/21 at 3:11 pm to
In and out for me Made 35% on a single weekly call. May jump back in tomorrow if it dips.
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1084 posts
Posted on 3/2/21 at 3:12 pm to
I'm holding probably until Tuesday. Could see it dumping early Wednesday morning before I can sell and that $1.11 dividend won't matter if it drops that much.
Now if it goes over $100 before then, idk hard to pass up on those gains maybe just set some trailing stops at that point.
This post was edited on 3/2/21 at 3:13 pm
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 3/2/21 at 3:18 pm to
Yea, I would only get in on this if i was in early. I saw RKT there at 30 and could have bought I suppose, but now that reddit has it and it is up significantly it will be quite wild and buying anywhere could be a risk.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 3/2/21 at 3:33 pm to
quote:

Yea, I would only get in on this if i was in early. I saw RKT there at 30 and could have bought I suppose, but now that reddit has it and it is up significantly it will be quite wild and buying anywhere could be a risk.



well no fricking shite

Timmy slinging that super wisdom

please, tell me more
This post was edited on 3/2/21 at 3:34 pm
Posted by UnluckyTiger
Member since Sep 2003
42948 posts
Posted on 3/2/21 at 3:36 pm to
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 3/2/21 at 3:42 pm to
Oh great. more crying
Posted by tigerfan4444
Member since Apr 2008
702 posts
Posted on 3/2/21 at 3:46 pm to
RKT opened higher and this stock took off with Jon Najarian talking it up on CNBC. There was option paper in the name yesterday and today.

After he mentioned it on CNBC, RKT moved 40% higher from there.

He hit every single bullet point: Wall Street Bets reddit, Cramer, social media in on the name in a big way, and it's 40% short.
Posted by LSUStjames
Member since Dec 2005
3533 posts
Posted on 3/2/21 at 4:18 pm to
I bought 10 Apr16 27c Friday for .80 per. I look like a genius today
Posted by ReadyPlayer1
Clown World
Member since Oct 2020
1084 posts
Posted on 3/2/21 at 6:37 pm to
They are also doing a share buyback. The size of that boost will depend on how much it is.
Posted by thelawnwranglers
Member since Sep 2007
42275 posts
Posted on 3/2/21 at 9:16 pm to
quote:

Sold half at $37


Sold 1,500 shares mostly between $32-$37


Going to feel like a paper hands bitch I think
Posted by B4YOU
Member since May 2018
344 posts
Posted on 3/2/21 at 9:39 pm to
I’m in at an average of 20.14. It’s a solid company with growing market share. They have partnered with Mint to streamline mortgage apps inside the Mint app. It was a long term hold plan and I thought 25-30 was a reasonable hope at this point. WSB, short %, special dividend, and media coverage could take this higher.
Posted by thelawnwranglers
Member since Sep 2007
42275 posts
Posted on 3/2/21 at 9:50 pm to
quote:


I’m in at an average of 20.14. It’s a solid company with growing market share. They have partnered with Mint to streamline mortgage apps inside the Mint app. It was a long term hold plan and I thought 25-30 was a reasonable hope at this point. WSB, short %, special dividend, and media coverage could take this higher.



I was really impressed with mgmt on earnings call. I keep 100 shares wish I keep a little more now I guess
Posted by TigerDeBaiter
Member since Dec 2010
10725 posts
Posted on 3/2/21 at 9:53 pm to
quote:

Going to feel like a paper hands bitch I think


Same, but I’ll book 75% gains all day long. I could see it fizzling out, but also wouldn’t be surprised to see it keep on. I mean, what were these moron shorts thinking shorting a extremely solid company.... that is named ROCKET. asking for it.
Posted by thelawnwranglers
Member since Sep 2007
42275 posts
Posted on 3/2/21 at 10:10 pm to
quote:

Same, but I’ll book 75% gains all day long. I could see it fizzling out, but also wouldn’t be surprised to see it keep on. I mean, what were these moron shorts thinking shorting a extremely solid company.... that is named ROCKET. asking for it.


Yep I kept averaging down and bet paid off no reason for me to get greedy. I really like what they said earning call. I probably should held through $40
Posted by LEASTBAY
Member since Aug 2007
16526 posts
Posted on 3/2/21 at 11:19 pm to
Didn't sell today. Nervous for the morning. Either gonna be a big gain or a small gain.
Posted by CecilShortsHisPants
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
3828 posts
Posted on 3/3/21 at 3:26 am to
RKT up big early in pre-market. Glad I hopped on yesterday.

Kicking my own arse for not pulling the trigger on UWMC though. Looks like it’ll be a HUGE day for them
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