r/wallstreetbets • u/Rooonaldooo99 • Feb 06 '23
I hear they sell good rugs for pulling Meme
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u/goldenprey123 Feb 06 '23
My reaction to holding for a year
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u/qdolobp Poacher of Apes Feb 07 '23
Your first mistake was holding that trash for a year lol
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u/devg79 Feb 08 '23
A broke company selling crap products, closing dozens of stores….
PrePaRe fOr LifToFF biTcHeS 💎💎💎💎💎
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u/Durkka Feb 07 '23
Even the theta boys got burned AH
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Feb 07 '23
[deleted]
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u/ever-right Feb 07 '23
Wtf are you a goddamn moron?
Why the fuck would you sell puts after a stock runs up 100% in one fucking day?
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u/AuditControl_Inbox Feb 07 '23
It makes sense sometimes because with moves that huge the IV goes insane. Just last week when lcid popped off on those saudi rumors i sold 9 dollar puts for some free dinner money. Even when that shit instantly dropped from 18 to 12 bucks the IV crush that accompanied it caused my short put position to stay positive.
As long as you dont get super greedy and sell the put too close to atm.
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u/Durkka Feb 07 '23
Just pray it stays above $3 for awhile. I've chased IV in other tickers and got lucky holding, but won't touch bbby
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Feb 07 '23
[deleted]
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u/Durkka Feb 07 '23
That's a gamble. Good luck I hope it works out. If you cant get out positive I hope you get out even. Learning experience
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Feb 07 '23
[deleted]
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u/MapleBabadook Feb 07 '23
You must have gotten a pretty fat premium for those though yeah? (Not saying you're not screwed, but maybe not as bad).
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u/clockedinat93 Feb 07 '23
I mean you just have to hold it to expiration and you’re good. Hell just roll it out and cash in on that sweet sweet iv
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u/sugarfryz1 Feb 07 '23
Depending on when they expire you’re probably fine. Just use the wheel strategy if you get assigned
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u/Serdief Feb 07 '23
The put myself infront of the wheel laying down in the middle of the road strategy?
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u/DYTTIGAF Feb 06 '23
This is not investing. It's a casino. Timing and luck are everything.
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u/rjsheine is bullish on scat porn Feb 07 '23
There’s different levels of gambling. Some things are just stupid to bet on.
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u/SunnyGrassBeachRelax Feb 07 '23
Not with the Jan 2024 calls being sold for pennies a week or so ago.
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u/Toxoplasma_Gondii1 Feb 07 '23
:27189:
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Feb 07 '23
$1B investor was found. Tomorrow will be interesting.
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u/RevengeoftheCuck Feb 07 '23
I heard it was more like 200ish million was found and the rest of the bil might be over time
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Feb 07 '23
It’s possible, if you have a source we’d love to see it.
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u/RevengeoftheCuck Feb 07 '23 edited Feb 07 '23 •
Sure that’s reasonable.
“The Company expects to raise approximately $225 million of gross proceeds in the Offering together with an additional approximately $800 million of gross proceeds through the issuance of securities requiring the holder thereof to exercise warrants to purchase shares of Series A Preferred Stock in future installments assuming certain condition are met.The Company cannot give any assurances that it will receive any or all of the proceeds of the Offering.”
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u/modsBan4Fub Feb 07 '23
The AH price says otherwise
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Feb 07 '23
I have no horse in the race. But I think waiting until Tuesday EOD is fair to see how this plays out.
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u/Curious_Individual
Feb 07 '23
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Suck my balls, $1 billion dollar deal achieved. Squeeze imminent.
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u/ThisWillBeFunNA Feb 07 '23 •
This is the way! Friends told me to sell all day and were laughing at me in after-hours. I cant wait to send them a printscreen of my portfolio tomorrow morning! Suck on my tits losers!
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u/cyberslick188 CFO - Chief Fucking Officer Feb 07 '23
Not saying it's you specifically, but I love all of the apes that come here to circlejerk the big runup, secretly crying inside knowing they still have a $15 cost basis.
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u/WreckNRepeat Feb 08 '23
LMFAO xD Everything apes say ages like milk, but it usually takes bit longer than this.
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u/qdolobp Poacher of Apes Feb 07 '23
Ouch. Imagine thinking then for sure doing a share offering in the future will be bullish. It’s bullish for the company, but bad for the stock. Why tf would you not have sold. Now you’re a bagholder forever.
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u/MadRiverMount Feb 07 '23
Doesn't the massive dilution worry you?
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u/Ganengtamdui Feb 07 '23
:4259:
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u/MadRiverMount Feb 07 '23
Why not? Serious question.
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u/ncstagger Feb 07 '23
Because it’s preferred shares and warrants and none are to be sold in public exchanges.
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u/plumpypenguin Feb 07 '23
you know those are convertible to common stock, resulting in dilution right? nobody's gonna fucking buy these if they can't unload them lol
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u/stockrot PAPER TRADING COMPETITION WINNER Feb 07 '23
My thought exactly .. Warren Buffet loaned BAC billions had Warrants @ $12 I believe and he could exercise when ever the fuck he wanted too. My opinion is anyone putting up 200 mill or 1 bill whatever the fuck it is. Is not going to do it with restricted warrants they are basically in the drivers seat. It will be YOU GIVE US money we give you convertible warrants @ x per share. downvote if you like I dont give a fuck:4275:
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u/ncstagger Feb 07 '23
Yes convertible at some point. We don’t yet know when that could be. We’re probably gonna find out real soon if there’s a buyer …
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u/Leading-Suspect Feb 07 '23
I honestly can't tell if people are stupid enough to believe this or just memeing at this point lol
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u/qdolobp Poacher of Apes Feb 07 '23
You guys do realize they’ll be diluting the shares, yeah? Bullish for the company, bearish for shareholders lol. Getting excited over something you don’t understand. Oof.
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u/WreckNRepeat Feb 08 '23
Squeeze imminent.
You can't possibly be dumb enough to believe that...
!RemindMe 6 months
I guarantee there won't be a squeeze.
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u/uradumbfuker Feb 07 '23
It’s funny to look at the accounts that are bagholding this shit. Most have jumped on every meme stock pump and dump since Jan 2021. They sure showed those evil Heggies.
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u/007baldy Feb 06 '23
Bought 2 weeks ago at like 3.05, sold today at 6.20. Might be back to 3.05 by morning. Hmmm...
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u/Sorry-Business-1152 I ❤️ KC Chiefs Feb 07 '23
They’re not going bankrupt
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u/cyberslick188 CFO - Chief Fucking Officer Feb 07 '23
No of course not. They'll just keep closing stores, laying off employees, laying off execs, until eventually they have 4 boutique baby stores in 2 cities and they make $13,000,000 a year in revenue.
By then, naturally, the stock price should be $1500-2500 per share. Bear case.
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u/MadRiverMount Feb 07 '23
Not immediately. There's still a huge chance they do at some point in future. They still are hemorrhaging money and have less stores. That hasn't changed. Doesn't look good.
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u/peterpanic32 Feb 07 '23
Well they'll burn through the expected cash they're planning to raise in about 2/3rds of a quarter, so bankruptcy still likely, just a little less likely in the near term.
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u/UltimateMastermind Feb 07 '23
Is this company losing tens of millions of dollars every quarter with no path towards profitability worth 10,000x its current share price? Of course it is, and the only reasonable explanation for it not being there already is crime and a massive conspiracy involving thousands of people, not a single one of whom has flipped.
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u/TeflonShawn42069 Feb 07 '23
Where's that guy who told me he was going to make more than I do in 20 years? Lol.
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u/ekgpmd Feb 07 '23
What the hell is AH
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u/nfa1234 Feb 07 '23
Obviously Adolf Hitler, it’s certainly not after the regular trading hours
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u/Ok-Geologist5545 🐻r🏳️🌈 Feb 07 '23
They do sell rugs at Blood Bath and Betrayal, so this makes sense.
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u/DogFacedGhost Feb 07 '23
So glad I sold CCs wasn't the case a couple hours ago, crazy
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u/BathroomPure438 Feb 07 '23
Lol what about now?
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u/DogFacedGhost Feb 07 '23
Good. Made a lot of the premiums in just a day and keep my shares, for now
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u/BathroomPure438 Feb 07 '23
Yeah, my comment backfired. Nice to hear someone made some money. Cheers!
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u/Alexa_is_a_mumu Feb 07 '23
Towel apes😂😂. Me will be searching hastlily for videos of apes in towels so I can set off the latest ape meme.
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u/Freepeople1092 Feb 07 '23
The Ryan cohen rug pull was better
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u/rjsheine is bullish on scat porn Feb 07 '23
Yea there were more people who lost their savings. I loved it tbh
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u/Comfortable-Clerk127 Feb 07 '23
Just bought calls right now! How interesting will my shit be 9:30am tomorrow
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u/AppleParasol Feb 07 '23
Jokes on you, I’m still up 92% on the day. Fuck you, I’ll see you in 5 hours! 💎🙌
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u/OGColorado Feb 07 '23
For those unclear on the concept of what shares and how many 🌈🐻🐻🐻, towels for years can be purchased for 20% off
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u/UnKnOwN365 Feb 07 '23
Happy I got out of my position before close. I just had a feeling something wasn't right.
Usually I wait and end up holding bags but got in at $3.32 and sold at $5
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u/ABugsLife123456 Feb 07 '23
I think I screwed up. Bought puts at the top but did the math and with IV they might not even be profitable. 🤡 but I guess I’ll see what they are price at at market open. Bought the Feb 17 $5 puts when price was at 6.20.
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u/Sensitive_Injury9365 Feb 07 '23
As did I, but got 3.5 March 10. IV owning me
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u/ABugsLife123456 Feb 07 '23
Damn I actually got lucky and made like 30% profit, got out immediately. Never doing that again
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u/stockrot PAPER TRADING COMPETITION WINNER Feb 07 '23
I like my odds at the black jack table much better
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u/Appropriate-Lab-6797 Feb 07 '23
what i wanna know when this meme really hapened, what made pascal so emotional, anyone know???
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