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  1. #3241
    720 Crew topperstyle's Avatar
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    Originally Posted by Harry362 View Post
    lol why did I not sell FRX when it was close to $17
    My cost basis is only 12.70
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  2. #3242
    Registered User Heaney's Avatar
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    Originally Posted by Carbonfibre View Post
    Maybe Citadel is shorting SPAC's

    Somoene needs to look into it.


    Seems like easy play since SPAC are coming out left and right.


    Already gonna pass 2020 this month.

    Thats just crazy.








    Can only speak to IPOF but only 1% of its float is short so I think its retail chasing every pump and dump honest
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  3. #3243
    Registered User Heaney's Avatar
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    Originally Posted by Harry362 View Post
    lol why did I not sell FRX when it was close to $17
    Wish I could take a time machine back to last Monday lol.
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  4. #3244
    Spoon Pic Connoisseur adamsz's Avatar
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    Down about 19k on spacs since putting in about 140k over the last few weeks. Big oof. That timing.

    Not sellin chit tho. From the previous corrections I always remember them eventually bouncing back and feeling bad that I had cut losses when if I had just held out I would eventually gotten into the green. Let’s hope that history repeats.
    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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  5. #3245
    User Registered Carbonfibre's Avatar
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    Originally Posted by Heaney View Post
    Can only speak to IPOF but only 1% of its float is short so I think its retail chasing every pump and dump honest
    Than I blame it on CCIV.

    Everyone chasing the next CCIV I guess.
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  6. #3246
    Registered User Heaney's Avatar
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    Originally Posted by Carbonfibre View Post
    Than I blame it on CCIV.

    Everyone chasing the next CCIV I guess.
    Chasing the next cciv/gme/rkt yesterday etc. See alot online people literally expecting 100%+/day or they start throwing temper tantrums.
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  7. #3247
    Registered User Heaney's Avatar
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    Originally Posted by adamsz View Post
    Down about 19k on spacs since putting in about 140k over the last few weeks. Big oof. That timing.

    Not sellin chit tho. From the previous corrections I always remember them eventually bouncing back and feeling bad that I had cut losses when if I had just held out I would eventually gotten into the green. Let’s hope that history repeats.
    I'm getting close to good loss porn screenshot territory tbh.
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  8. #3248
    Spoon Pic Connoisseur adamsz's Avatar
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    Originally Posted by Heaney View Post
    I'm getting close to good loss porn screenshot territory tbh.
    Like I said you’ve got some big fukin balls.

    Glad The majority of my loot is in commons and not warrants since they’re not as volatile. All my warrant positions are much more down.
    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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  9. #3249
    Registered User Heaney's Avatar
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    Originally Posted by adamsz View Post
    Like I said you’ve got some big fukin balls.

    Glad The majority of my loot is in commons and not warrants since they’re not as volatile. All my warrant positions are much more down.
    I'm still up 700% on my 12 month so I offer myself that perspective as I glare into the red abyss that is my acct
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  10. #3250
    Registered User PlateauTooSoon's Avatar
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    Red face

    Only sold off my IPOE position today at a loss as that still has a lot of downside potential compared to my other holdings. Now just gotta hang on tight and ride it out. Crypto holding green today is a nice thing at least
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  11. #3251
    Registered User TugOfPeace's Avatar
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    Originally Posted by PlateauTooSoon View Post
    Only sold off my IPOE position today at a loss as that still has a lot of downside potential compared to my other holdings. Now just gotta hang on tight and ride it out. Crypto holding green today is a nice thing at least
    Yea, my only "risky" positions now are BFT and PLTR. Sold off my IPOF, that chit hit $11.xx today.
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  12. #3252
    Registered User RoyalRyy's Avatar
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    Oh baby... I'm getting fuked with a nice red dildo. Guess it's not smart to have most of my plays in tech lol. Almost all of them will rebound so I don't actually care but it makes days much more boring when all you see is red red red.
    <HTC>
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  13. #3253
    720 Crew topperstyle's Avatar
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    Originally Posted by TugOfPeace View Post
    Yea, my only "risky" positions now are BFT and PLTR. Sold off my IPOF, that chit hit $11.xx today.
    Ipof looks way oversold and seems to be hitting the same support from December, no?

    I’m looking at chart on mobile so any input would be helpful.
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  14. #3254
    Registered User TugOfPeace's Avatar
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    Originally Posted by topperstyle View Post
    Ipof looks way oversold and seems to be hitting the same support from December, no?

    I’m looking at chart on mobile so any input would be helpful.
    Yea, the way I see it if it dropped from $16 to $12, there's no reason it can't drop down to $10 at this point.
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  15. #3255
    Registered User ajctennis's Avatar
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    Wow, a massacre. My timing of the bottom was so off. Definitely switched from commons to warrants way too soon.

    This is not retails doing or cciv imo. Cciv didn’t help but it’s definitely big money leaving and retail panicking. It’s total capitulation at this point. It makes no sense for me to sell at these levels. Just going to hold long.

    Do wish I had cash atm.

    This is the state of my portfolio -

    https://m.youtube.com/watch?v=bq54jb_5WCI
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  16. #3256
    Registered User Destor's Avatar
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    Is it the bond market / interest rate concern driving these down? I recall reading previously that a low rate environment is part of what really enables SPACs but not sure how valid that is
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  17. #3257
    Registered Abuser chino3's Avatar
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    Originally Posted by Destor View Post
    Is it the bond market / interest rate concern driving these down? I recall reading previously that a low rate environment is part of what really enables SPACs but not sure how valid that is
    more than likely. Rising interest rates are bad for growth stocks, that's why tech is getting gaped. I don't even know what value/non-tech stuff I really want to add. I'll be getting assigned LULU (sold out at $340 during the GME debacle, knew it was gonna fukk the market), and all of the ARK etfs and that's a goof kinda... maybe DPZ, CVS, and T. I dunno. Might just ignore stocks for the next few weeks.
    "It won't get better, just different."
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  18. #3258
    Registered User mikusk's Avatar
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    damn a lot of stuff near NAV or straight at NAV, seems like that is a nobrainer to go balls deep
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  19. #3259
    720 Crew topperstyle's Avatar
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    Help

    Added 1k more units of cv.ii
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  20. #3260
    Spoon Pic Connoisseur adamsz's Avatar
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    absolute bloodbath, jesus christ. Commons under 10 and warrants under 1. Wish I had more money to average down, feelsbadman.
    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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  21. #3261
    Registered User Heaney's Avatar
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    When I said condo I clearly meant cardboard box.
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  22. #3262
    Registered User SazabiBrah's Avatar
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    Guys what SPACs should I go balls deep in now? IPOE and what else?
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  23. #3263
    Registered User TugOfPeace's Avatar
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    If SPACs bounce back.. and I make up my losses on BFT/PLTR.. I won't be in such bad shape. Is it a dumb statement to think they may never recover above NAV unless a deal is announced?
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  24. #3264
    Registered User SazabiBrah's Avatar
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    I know this is a SPAC thread but brahs, I highly recommend getting some oil stocks. Oil just went to $64 per gallon
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  25. #3265
    Registered User Heaney's Avatar
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    Originally Posted by TugOfPeace View Post
    If SPACs bounce back.. and I make up my losses on BFT/PLTR.. I won't be in such bad shape. Is it a dumb statement to think they may never recover above NAV unless a deal is announced?
    I don't think its a dumb statement but I think its an over reaction. Judging off daily volumes these are just all low volume retail selloffs, likely caused by people getting their margins called. If we were seeing limit downs I'd be a little more worried than just daily trickling.
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  26. #3266
    720 Crew topperstyle's Avatar
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    Originally Posted by Heaney View Post
    When I said condo I clearly meant cardboard box.
    Lmao I got a spare room for you bud
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  27. #3267
    Registered Abuser chino3's Avatar
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    jesus... I'm back to December levels... This is really really bad. I am so tempted to close chit out, even at losses, but that can't be the right thing to do. Things will recover, but when? Really wish I had a fast forward button. March was god awful last year for stocks and the world, and this March isn't looking too much better. I don't feel confident in any move I can think of, so just feel like logging off TDA for a month.
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  28. #3268
    Registered User TugOfPeace's Avatar
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    ^^ I thought of going cash gang but JFL at my positions, there would be no point, as these are current prices. Literally everything is at or below $10 floor, there is nowhere to go but up.

    ALTU - $10.60
    AVAN - $10.00
    BWAC - $9.95
    CCAC - $10.00
    CRHC - $9.98
    ETAC - $9.89
    IPOF - $11.04
    SCPE - $10.01
    SCVX - $9.94
    SRNGU - $10.25
    SWBK - $10.13

    I could sell it all and try to get into oil.. but who knows where we're really headed. The way I see it though, I'm back to February 1st levels.. we still have 10 months in the year to make gains. I could make this back no problem by then.


    Edit: I'm starting to consider making the above long term holds and just going back to swing trading like I used to do when starting out. Attempting to make $400-500 a day isn't bad
    Last edited by TugOfPeace; 03-04-2021 at 10:47 AM.
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  29. #3269
    test the limits RobParks2M's Avatar
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    Hmmm well I guess ftoc decided to go ahead and head back to NAV. That’s so insane. Glad I at least covered myself with calls. I’m down about 8% which kinda sucks.

    I sold some shares of Kroger I had bought before earnings and now have about $7k. Any warrants near $1 that might be worth a YOLO?!
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  30. #3270
    Registered User Cudabrah's Avatar
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    Bought more AJAX at a discount today. Hopefully didn't goof.
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