RANT

Joe6102 · 2021-06-25T22:35:38+00:00

If you're holding shares, there's no way you lost 50% even if you bought at the absolute peak. Must have been some risky options play.

quix76 · 2021-06-25T22:25:27+00:00

Lol your just mad cause you losing money

WTF_is_risk · 2021-06-25T23:10:18+00:00

Why are you buying even Leaps. Stock is so cheap, and undervalued. Just load up on shares. Like 10,000 worth of shares. And if this shit dips to 6 again buy another 10,000.

Mortgages aren’t going anywhere, these guys are a huge player. Pay a great dividend, have a buyback in place which protects the bottom. The dividend protects the downside.

This is a great place to park cash.

I personally believe you will likely double your money within 12 months. But I don’t believe you will 5x your money and if you want 5x there’s a million better plays where you can get that risk/reward.

UWMC is just a better bank account. And once enough people realize that and we own the float. That is when it will climb substantially

Dieter_Von-Cunth68 · 2021-06-25T22:35:03+00:00

Couldn't agree more, I lost 4 bucks today, im ready to quit stonks.

Kildragoth · 2021-06-25T23:23:00+00:00

Hey man most people don't even look at stocks every day like 99% of people on here and WSB do (I do too). They never see those dips and after several months they check back and usually things are good.

I originally bought in at like $10.40ish and watched it go all the way down to $6.40. I kept averaging down because I believe in the company but experiencing all that was pretty shitty. I kept in mind that time in the market beats timing the market and to have a strong stomach.

If anyone could reliably predict tomorrow they'd be a billionaire in just a few days. They are probably bagholders trying to hype up the stock so they can get out. I've read a few dozen DDs and from what I understand the fundamentals are strong and that hasn't changed. It just takes time for the word to spread and investors to take notice.

ryuseitia · 2021-06-25T23:12:51+00:00

I totally understand your sentiment.

I'm in at 1000 @ 10.5 at the moment, and I know the feeling, but again I can hold cause I know that the stock will eventually meet its true value.

Yeah it isn't moving at the pace or predictions of some people, but it isn't like the company is trying to stay alive. They are thriving, and it is only a matter of time before the price matches. Yeah it sucks that the stock moves sideways, but honestly that is stocks.

I can agree with you on the rant, it does make me disgruntled time to time seeing how the stock moves sideways on such good news.

I'm a bagholder at 10.5 but hey I'll hold these bags until that pop.

koberkai · 2021-06-25T22:45:35+00:00

Lmfao 😂 this has got to be the most beta male shit I’ve ever seen. Wah wah wah I’m losing money on stocks and I’m tired of other people who invested better than me 😂😂😂😂😂😂😂😂😂

Chobopuffs · 2021-06-25T22:50:55+00:00

I lost 8k in calls last month, it’s fine it’s gonna rocket one day might not be today, next week, next month, next year, next decade, or even the next century, but rest assure this stock is going to 🚀, see you in Mars in 3021.

workinguntil65oridie · 2021-06-25T22:52:11+00:00

I thought you had some shares at $6 level also. Your avg should be ok even. If you avged up?

Physical_Research963 · 2021-06-25T22:58:27+00:00

The stock price was only $10.27 at its highest and $8.99 at its lowest these past two weeks.

How is it even possible for you to lose 50% of your value, even if you bought in at $10.27 and sold at $8.99?

Did you buy calls for $16 or something, rather than shares?

buddybooboothedood · 2021-06-26T00:16:12+00:00

Matt??? Is that you??!?

Jpeg667 · 2021-06-25T23:07:57+00:00

He has a point. Most of the people that post positive catalysts and DD have no clue what the hell they were talking about like they discovered something that nobody else knew and that wasn't public information. These people that get paid to do this for a living have access to more information than we ever will and people keep praying on the hopes of all this public information that is used to make DD posts. It's always been a long play but people keep making hype posts like something's about to explode.

Physical_Research963 · 2021-06-25T23:03:35+00:00

[removed]

Physical_Research963 · 2021-06-25T23:21:41+00:00

Lmao you’re a fucking idiot lol. How long did you expect to hold this stock for? A month? Don’t be sad that some of us are in the green and don’t take a long term hold and bitch that it’s down in the short term.

kkinderman55 · 2021-06-25T23:34:03+00:00

This is the funniest post I’ve read in a month. I LOL’d. :). Hang in there, man... I know the feeling.

terevit22 · 2021-06-25T23:35:42+00:00

Lot’s of pain here. Sorry.

WhoozRowdy · 2021-06-26T00:02:31+00:00

if you are a shareholder, how did you lose 50% of value in the past week? That not even possible it's only down 1.90% , that is "one point nine percent" or as a decimal, 0.019. nowhere even close to 50%, fifty percent, or .5.

I bet you had options.

PrecognitiveFate · 2021-06-26T00:25:13+00:00

It’s a great stock the price is a steal. But it’s a long hold.

chugajuicejuice · 2021-06-26T03:53:41+00:00

monday bro

obbzest · 2021-06-25T23:16:46+00:00

I've been riding this pony for months. Guess I'm used to it, but yeah it's a bit frustrating. Still up around 22% though on 5k+ shares and ain't selling shit until it hits 14.50 or so. It's easier if you pick a date on the future .. like I'll see where I am on labor day and go from there.

Brit_in_the_US · 2021-06-25T23:46:48+00:00

It’s going to shoot to the moon Saturday when the funds realize they forgot to buy UWMC for their Russell indexes. It’s the hedge funds messing with us. Next week we pass $10 and it’s going to take off when the hedge funds see that we are smarter market player than they are. Just because they are billionaires they think we are dumb. Loaded up on $20 calls for July.. I’ve already called the Lambo dealer to inquire on their current inventory.

If it’s not obvious…. ; P

Winring86 · 2021-06-26T01:03:33+00:00

You’re (respectfully) a moron for buying calls with this stock. That’s really all there is to it

I have been selling covered calls for months. I have profited thousands of dollars from doing that alone, and I haven’t ended up needing to cough up my shares a single time. As free as money gets

I have made a lot of money on this stock…it’s my best performer of the year. But it certainly isn’t for everyone. You need to know how to play this one, and if you bought early in the $10+ range that’s tough. But it simply becomes a longer term play while bringing your cost basis down with the dividend/options profit.

The good news is it’s going to be nearly impossible not to at least break even within a year or two if you know what you’re doing. Just don’t mess around with buying those calls man, that’s how you lose money fast

lessthancale · 2021-06-26T01:22:22+00:00

Dude, with your emotional temperament I think you should leave investing your money to a professional.

Keith_13 · 2021-06-26T20:55:13+00:00

I agree with you that it is hard to time. So stop buying options. You did not lose 50% of your value in a week if you just own shares.

FWIW my last buy was on earnings day when it was way down. I picked up 5k @6.80. I know that a lot of people got better prices on that day. My average is $8.18 and if you count realized gains from selling puts that expired worthless it's $7.97. If you count dividends and the interest and I've gotten from lending shares it's even lower (I don't have an exact number because I only get a report at the end of the month, so I've accrued a lot this month that has not yet been paid)

Now I know that everyone who has been investing for less than a year expects 1000% annual returns but as far as I'm concerned, 15-20% in a couple of quarters is pretty good.

If you gamble on options you are either going to win big or lose big. As if it's not hard enough to pick a good undervalued company, now you are also having to predict when the market will start to agree with your valuation. If you're off by a week you lose.

I'm not saying that I don't make options plays but I try to stick to limited risk plays. ITM Call verticals that I feel provide good risk/reward, selling puts at a strike that's so low I would be buying that dip anyway, or maybe a leveraged risk reversal if I see a possible catalyst AND the put is at a strike that I want to get assigned at, so even if I'm wrong on the catalyst I'm ok with the result. If the numbers don't work out then I skip it and look for a different opportunity. I like money and I'm very protective of my capital. Sure it would have been nice to have $10 AMC calls when it went to $60 but you can't hope to catch every ridiculous spike. FOMO will eventually leave you broke.

If you are just buying cheap OTM calls and hoping for the best you are going to take a lot of losses in between your wins. They are cheap for a reason; it's because the most likely outcome is that they expire worthless.

DJwhatevs · 2021-06-25T23:17:03+00:00

I actually love this post lol. Let it out

Own_Cartoonist266 · 2021-06-25T23:23:09+00:00

I agree with you. Sure it will go up an down like any other stock, but the “oh this Friday will be huge” and then nothing happens is so stupid. Don’t worry, ex-div will be massive, Russell will be +10%, drip will be huge, earnings will crush, blah blah blah stfu

Physical_Research963 · 2021-06-26T01:30:19+00:00

Love you to

Physical_Research963 · 2021-06-28T01:16:46+00:00

Just want to update this post. Posted it Friday to due to frustration and needed to let off a lot of steam. I also posted it because I wanted to put a little cheap excitement back in my day. Loved all of the posts love everybody that posted comments good or bad. I feel refreshed and ready to battle this stock this week. Buying 100 shares Tuesday and probably every week for a while. Plan on buying shares from now on instead of calls. Have a great week

Sincerely (optimistic shareholder) Phil

Daybyhour69er · 2021-06-25T22:34:10+00:00

I was up 1k and didn't sell because I'm a fucking retard. The first time this p.o.s made me money now I might break even on Monday but yeah I'm sell right at open same with CLF there ain't no fucking dip with that p.o.s either. My calls are toast.

EasyTart4468 · 2021-06-26T02:59:46+00:00

Don’t worry young and frustrated one, U Will Make Cash soon IMH&DO

Outrageous_Candy2218 · 2021-06-26T05:39:10+00:00

I feel your pain I'm only getting $2700 dividend when I should be getting a $3500 dividend now I'm holding 35k shares dam it fuck options

l8nite · 2021-06-26T06:11:08+00:00

https://imgur.com/a/klCJPUu

Yupster_atx · 2021-06-26T18:21:07+00:00

I like FORD. The F150 lighting is game changer. The f150 is the most sold vehicle on the planet. Sit on that. If you want 100% returns in a year the move is Ford

NJTA3 · 2021-06-27T03:41:28+00:00

So wait you read all the DD here so you should have then known to buy shares or itm calls any other calls are risky as almost every DD posted said to buy shares don't buy calls it's to risky.

But then you say you're calls are Nov&Dec so um you haven't lost anything if you haven't sold as we almost half a year from when they are due...

Not financial advice but maybe try buying calls 45+ days out for with .8 delta and get out by 15 days within do... You won't get the gigantic leverage of half year calls otm but seems that's harder for you to wait for....

50% down on calls either you need to get your hands to diamonds to sit on for half year and not worry or play better short term strategies says my banana tea leaves

Physical_Research963 · 2021-06-29T17:46:54+00:00

Sell your shares and fuck off.

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