Additional Posts in Option Traders & Investing
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Additional Posts (overall)
BC - do you do any foreign currency trading?
I’m buying MO heavy today
Anyone buying Airbnb?? What are you betting
trump meeting with oil execs on friday
Even zoom is down today
7/7 Thread (BC):
Just sayin’.... Billions is back.
SQ, PLTR, and PYPL - should I keep avg down?
4/6 Thread (General):
10/26 Thread (General):
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Not trying to be condescending, but it seems odd that someone who doesn’t understand this is entering a risky transaction such as this.
Does not mean they can’t make money 💰
Coach
When the stock splits 5 for 1, each share will be worth 20% of the original price you shorted it for = easy 80% gain OP!
No 20% of the value at time of split unless you are assuming the split will happen at the exact price bcg shorted?
Oh no bb what is you doing
You’ll have 5x more shares at 1/5 the price
Mentor
Stonkeronies
I find it hard to believe you will be holding short until the split. Get out now and cash out your remaining trading funds and put it in a savings account. You will soon be broke
Ouch. F.
This didn’t age well now did it.
Lol same with shorting it, and same that it seems strange you don’t already know. Am I the only one that is bothered they have negative accumulated earnings and announced a split? It made stock surge for literally no reason. Making it even more of a challenge moving it into the s&p... I’m pissed about it. And for those of you who forgot...
Coach
Oh, Tulip.... I mean Tesla is a valuation nightmare right now. Takeaway front loading EV credits and it doesn’t make money. But this think did a $400 round trip in Jan on no news so it’s not a rational investment. You’re buying a vision. Same with Nikola, Workhorse, and Nio.
Tsla just has poor liquidity so the price run up is usually shorts forced liquidation. I have a theory that perhaps large positioned longs may wish to exit however it will be difficult to sell and maintain price. These splits are some sort of financial engineering masquerading under the guise allowing more people to enter the market.
There was a twitter conspiracy theory that Elon was manipulating the stick via the options market. Personally can’t figure out this big a run up, other than hype. Potentially the value is in their battery technology via licensing?