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  1. #3091
    Registered User RoyalRyy's Avatar
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    Holy chit I'm getting r@ped. CLOV is at 9.80 lmao. Didn't think it would tank like that. It's a bloodbath for me.
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  2. #3092
    test the limits RobParks2M's Avatar
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    Welp. back to NAV we go lmao wow.

    EDIT: Selling everything in my portfolio that isn't SPAC. KR, WFC, CTYX, and BABA
    Last edited by RobParks2M; 02-25-2021 at 10:09 AM.
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  3. #3093
    Registered User TugOfPeace's Avatar
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    Down from $67k to $56.6k. Fuk this ****.

    Sold my ALTU, BFT, IPOF, and PLTR, and kept 1 share of each. I'll buy in once I start to see them recover.

    Wiped out nearly a month of gains.

    Atleast I stopped the bleeding though, everything else is at NAV.

    AVAN
    BWAC
    CCAC
    CRHC
    ETAC
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    SCPE
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  4. #3094
    Registered User ajctennis's Avatar
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    Down huge today, but just going to hold and ride it out. Thank god for NAV.
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  5. #3095
    Registered User Harry362's Avatar
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    Originally Posted by TugOfPeace View Post
    Down from $67k to $56.6k. Fuk this ****.

    Sold my ALTU, BFT, IPOF, and PLTR, and kept 1 share of each. I'll buy in once I start to see them recover.

    Wiped out nearly a month of gains.

    Atleast I stopped the bleeding though, everything else is at NAV.

    AVAN
    BWAC
    CCAC
    CRHC
    ETAC
    MAAC
    SCPE
    SCVX
    I dont even want to sign in. I know im prob sub 180k and I was at 232k on Monday

    I began the year with 112k though so ehhh stocks don't always go up I guess. At least I have a good job
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  6. #3096
    Registered User mikusk's Avatar
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    Originally Posted by TugOfPeace View Post
    Down from $67k to $56.6k. Fuk this ****.

    Sold my ALTU, BFT, IPOF, and PLTR, and kept 1 share of each. I'll buy in once I start to see them recover.

    Wiped out nearly a month of gains.

    Atleast I stopped the bleeding though, everything else is at NAV.

    AVAN
    BWAC
    CCAC
    CRHC
    ETAC
    MAAC
    SCPE
    SCVX
    sell low buy back high ?
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  7. #3097
    Registered User TugOfPeace's Avatar
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    Originally Posted by mikusk View Post
    sell low buy back high ?
    The alternative is diamond handing into a true bear market.. would rather cut my losses while I'm still ahead. Don't want to risk bag holding if the market is getting fuked long term after this.

    I don't mind buying in a dollar higher.
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  8. #3098
    Registered User mikusk's Avatar
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    Originally Posted by TugOfPeace View Post
    The alternative is diamond handing into a true bear market.. would rather cut my losses while I'm still ahead. Don't want to risk bag holding if the market is getting fuked long term after this.

    I don't mind buying in a dollar higher.
    doubled down on pltr today, will just wheel if bear comes
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  9. #3099
    Spoon Pic Connoisseur adamsz's Avatar
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    Originally Posted by ajctennis View Post
    Down huge today, but just going to hold and ride it out. Thank god for NAV.
    this. Down about 7k today but majority of my holdings are within 10% of NAV so I'm really not too stressed.

    Just my luck to come back from a 2 month market hiatus to put 90k before a big downturn lol. At least I was able to buy more stuff on the way down, wish I had just waited another week to reenter the markets. Can't time the markets tho so oh well.

    IIRC there was similar SPAC-wide bleeds both after NKLA and SHLL had big sell offs post-merger, so I think the disappointment of CCIV not continuing to trend upwards after DA spooked a lot of the newer SPAC crowd who then pulled out of their other spac holdings. Just me speculating.
    Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation.
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  10. #3100
    Spoon Pic Connoisseur adamsz's Avatar
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    Originally Posted by TugOfPeace View Post
    The alternative is diamond handing into a true bear market.. would rather cut my losses while I'm still ahead. Don't want to risk bag holding if the market is getting fuked long term after this.

    I don't mind buying in a dollar higher.
    a true bear market?

    people are getting vaccinated around the world. Covid cases and hospitalizations both dropping significantly. People eager to get out and resume normal life, and that's within sight at this point.

    Don't see why we would enter a true bear market when the energy seems to point towards pent up consumer demand to get out and spend once more and more restrictions are lifted.
    Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation.
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  11. #3101
    test the limits RobParks2M's Avatar
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    Originally Posted by ajctennis View Post
    Down huge today, but just going to hold and ride it out. Thank god for NAV.
    Sold my PTICU at 10.90 (no gains lmao) to buy things that are suuuuuper near NAV. Didn't get the CRHC order I placed at 10.33 though or the AVAN order I placed at 10.32 just barely too slow freeing up cash fuk lmao.


    ETAC down to 10.08 or something crazy like that. Holy cow.
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  12. #3102
    Registered User SazabiBrah's Avatar
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    Account went from $100000 to $210000 to $160000 in these last 2 months. Sitting mostly cash now until this shiet is over. Phuck Biden's economy
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  13. #3103
    Registered User mikusk's Avatar
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    people starting to panic, kind of a buy signal imo
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  14. #3104
    test the limits RobParks2M's Avatar
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    Originally Posted by SazabiBrah View Post
    Account went from $100000 to $210000 to $160000 in these last 2 months. Sitting mostly cash now until this shiet is over. Phuck Biden's economy

    Get close to NAV and you'll be fine. Took a $1,600 haircut today cuz of stupid options I bought (ayy lmao) and other various SPAC losses. Did the math and I can only drop another $4300 till I hit $10 on EVERYTHING including FTOC (not including the gains I'd have from the covered calls). So another 6% loss possible if everything went to NAV. I feel pretty good about that.


    People are dumb and selling their stuff near NAV- not sure what tf they are buying or if they are just trying to horde cash. Either way there are some HUGE deals to be had right now.

    CRHC at 10.40
    ETAC 10.20
    MAAC 10.18 if you feelin frisky

    COOL (kinda a meme) 10.06

    Something I think could be a great deal is DLCAU at $10.40ish obviously still units as the "U" implies. each unit gets 1/2 a warrant. If commons trade at 10.20 post split that would imply fairly decent warrant gains if they trade at even $1. The split is coming 3/5 (next Friday) btw. Thoughts on this?

    Last potential buy PTICW---Warrants are at their lowest I've ever seen at $1.50 I might pick 500 of them up since I sold the units.


    Also, IMO commons <$10.50 are going to be the first thing to recover. Everyone will sell other things or panic dump warrants for the safety of commons. Anyone who likes spacs should consider getting into good teams the closer to $10 the better obviously.
    Last edited by RobParks2M; 02-25-2021 at 11:04 AM.
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  15. #3105
    Registered User TugOfPeace's Avatar
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    Originally Posted by adamsz View Post
    a true bear market?

    people are getting vaccinated around the world. Covid cases and hospitalizations both dropping significantly. People eager to get out and resume normal life, and that's within sight at this point.

    Don't see why we would enter a true bear market when the energy seems to point towards pent up consumer demand to get out and spend once more and more restrictions are lifted.
    Brah, we're wearing masks until 2022 according to Gates/Fauci. That's even if we don't see more strains of the virus. That's even if everyone gets vaccinated and the vaccines do their job. I find it hard to believe they're just going to say "well, now that we're vaccinated and have reached herd immunity, congratulations! you can all take off your marks, open up your businesses and schools, and resume normal life". They've started down a path of no return. They won't relinquish their power/authority, until it's taken from them. IMO.

    Sorry to fill this thread with what some of you may perceive as a conspiracy theory or politics. Just calling it how I see it.
    Last edited by TugOfPeace; 02-25-2021 at 03:14 PM.
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  16. #3106
    test the limits RobParks2M's Avatar
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    All the AH orders I’m putting through are fukking buying. 200 more crhc at 10.30

    Partial fill of maac at 10.15
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  17. #3107
    Registered User NoScrubz's Avatar
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    CCIV man.... CCIV WHY!!!!!!
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  18. #3108
    test the limits RobParks2M's Avatar
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    Originally Posted by guideX View Post
    ^ bulletproof strategy.

    Regretting buying in yesterday. I'm getting absolutely demolished on all warrants but particularly IPOFW and ALTUW.

    send help
    I got lucky. My PTICU sold for what I bought them for so it freed me up to average down a lot. Almost sold everything not a SPAC to go all in!
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  19. #3109
    Registered User Heaney's Avatar
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    Originally Posted by guideX View Post
    IPOFW

    send help
    #gang
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  20. #3110
    Registered User TugOfPeace's Avatar
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    I feel like we're all collectively in the same boat, just different magnitudes. Some of us got fuked with a bigger dildo than others, but we're all just losing a portion of massive abnormal gains over the past two months.
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  21. #3111
    Registered User cullenmichael34's Avatar
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    Originally Posted by RobParks2M View Post
    Did the math and I can only drop another $4300 till I hit $10 on EVERYTHING including FTOC (not including the gains I'd have from the covered calls). So another 6% loss possible if everything went to NAV.
    I'm a broke boi but what are you planning for with FTOC? It's been dropping for a bit now and idk what to think about it.

    Any thoughts on SRNGU?
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  22. #3112
    Registered User RoyalRyy's Avatar
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    Nobody trying to hold over the weekend. I'm expecting another bloody day tomorrow.
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    test the limits RobParks2M's Avatar
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    Originally Posted by cullenmichael34 View Post
    I'm a broke boi but what are you planning for with FTOC? It's been dropping for a bit now and idk what to think about it.

    Any thoughts on SRNGU?
    I thought it was going to march up closer to highs current high of $14.5 or so....

    Now I’m just waiting for my cc to expire
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  24. #3114
    Registered User Harry362's Avatar
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    Originally Posted by NoScrubz View Post
    CCIV man.... CCIV WHY!!!!!!
    Whts wrong?
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    Originally Posted by Harry362 View Post
    Whts wrong?
    I'm holding a call spread and need it to be at $35.00 by March 19. Didn't expect it to dump this hard. I opened the position with profits from selling CCIV shares so no real loss but still sucks if I doesn't hit lol
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    This is what I am doing currently, and will probably continue to do until something makes better sense:

    Original position of CCIV
    -2.5k shares @ $24
    -3/19 $45cc @ $6.5 x25
    -Closed out 15 of the CC's @ $1.4
    -Opened 3/5 $35cc @ $1.5 x15

    Basically going to let 1k shares ride out (at the very least through the expiration of the 3/19 CC)
    Remaining 1.5k shares I am going to sell weeklies on for as long as premiums are juicy, get called away, or it just moons and I stop selling calls altogether.
    "It won't get better, just different."
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  27. #3117
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    Anyone in SRNGU? Run by same company that brought DraftKingz to market. Lots of capital and close to NAV
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    test the limits RobParks2M's Avatar
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    Originally Posted by SazabiBrah View Post
    Anyone in SRNGU? Run by same company that brought DraftKingz to market. Lots of capital and close to NAV

    Saw that annoying dude on reddit/spac page went all in on that at 10.80. He bought 5 million worth
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  29. #3119
    Registered User SazabiBrah's Avatar
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    Originally Posted by RobParks2M View Post
    Saw that annoying dude on reddit/spac page went all in on that at 10.80. He bought 5 million worth
    haha yeah that's where I first heard of it too
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  30. #3120
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    Anyone think we've reached the bottom?
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