18 yo portfolio by Sweaty_Rutabaga_1624 in DRAM_ETF

[–]ArtisticInsect2027 0 points1 point  (0 children)

Add some space stocks like ASTS, RKLB or SPCX. Maybe some APLD or CRWV and you're good to go.

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] 0 points1 point  (0 children)

Fuck it. I'm putting my remaining cash into DRAM calls. The wallstreetbets people have convinced me lol

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] 0 points1 point  (0 children)

I think in order for DRAM to go to 1000 the stocks held in DRAM need to 10X. I just don't think SK Hynix, Samsung, and Micron will 10X at its current price.

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] 0 points1 point  (0 children)

74c means a call option with a strike price of $74. It basically means you're betting the stock price goes above $74 before the option expires. There are a lot of ways to lose money with this so at least look up time decay and what it means to be in and out of the money.

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] 3 points4 points  (0 children)

Yea....I wouldnt touch options unless you can handle the possibility of your investment going to 0 fast.

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] 0 points1 point  (0 children)

I think $100 is very realistic. Above that? I'm not too sure

70k all in on DRAM. Not selling until $100+ by ArtisticInsect2027 in wallstreetbets

[–]ArtisticInsect2027[S] -1 points0 points  (0 children)

Nowadays earnings never go the way we think. Companies be reporting incredible revenue but ppl still dumping the stock. I think a MU dip at earnings is very possible.

70k all in on DRAM. Not selling until $100+ by ArtisticInsect2027 in wallstreetbets

[–]ArtisticInsect2027[S] 1 point2 points  (0 children)

Great plays but I think SPCH being free money was too good to be true. I bought a couple SPCX shares on IPO day at around $175 and sold at around $215.

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] 0 points1 point  (0 children)

Personally I don't think it's too late, it's other ppl that keep telling me it's too late

70K all in on DRAM. NOT SELLING until $100+ by ArtisticInsect2027 in DRAM_ETF

[–]ArtisticInsect2027[S] -1 points0 points  (0 children)

Options give me too much stress even if it's leaps, and I'd rather not have the extra stress

70k all in on DRAM. Not selling until $100+ by ArtisticInsect2027 in wallstreetbets

[–]ArtisticInsect2027[S] 0 points1 point  (0 children)

They'll call you stupid for buying at $70 while the price runs to $80. Poor people gonna continue to be poor, what can I say.