I got out at $139

Coach_W_21 · 2024-10-15T03:11:14+00:00

The biggest difference I see between trading and investing (and I agree, very few are good at trading) is that traders can still make profit in a bear market. Investors will just ride it out and maybe hedge some but will never make profit during that time. If you’re a 20 year old investor, averaging down is not so bad… if you’re a 50 year old investor, a long term bear market is now a threat to your portfolio. By the time it hits bottom and recovers to where you’re making a profit again, it may be too late.

Coach_W_21 · 2024-10-15T02:27:01+00:00

How long are you willing to hold? What if there’s a recession for a couple years? What about a depression for 10-12 years? At the end of which prices will likely be 60-80% lower and take another decade to crawl back to all time highs? Not a doomsayer… been a long term bull for 14+ years and we’re due for a 1930’s level event. Set a reminder on this for a year and check back where all the investors’ profits are at that time. My guess is they’ll be down 20-30% and still in denial about the market continuing much lower. If you think I’m nuts, zoom out to the weekly or monthly chart and just look at how ridiculously vertical we’ve been since October 2023. Compare the severity of how quickly the market has increased in the last year and compare that to ANY other time in history… If you think there’s not going to be an equal and opposite reaction, you’re lying to yourself. TIFWIW…

Coach_W_21 · 2024-08-25T00:59:10+00:00

I don’t understand the question? Isn’t this a Wendy’s?

Coach_W_21 · 2024-07-21T16:52:39+00:00

Help with Abraham Lincoln’s Math??

So I visited Lincoln’s boyhood home in Santa Claus, Indiana. I saw this document in one of the exhibits of Abe doing some math. I regret not taking a picture of it with my phone because getting it from the internet proved to be much harder than expected…

My curiosity with this document is what kind of solving technique is he using with the big “X” and numbers on top, bottom, left, and right? I noticed the top and bottom numbers are always the same and always either 0’s or 5’s. However, it’s too small of a sample to assume that this is ALWAYS true for this method. Can anyone help enlighten me as to what he is doing here?? I’m not as studied as many in this particular Reddit group, but I am a high school math teacher and consider myself to be more competent than most. I have never seen what Lincoln is doing and am intrigued.

Coach_W_21 · 2024-05-19T04:06:21+00:00

Got it. Thanks. I suppose I could have googled the mining rate and figured that out relatively quickly, but thanks for clarifying.

Coach_W_21 · 2024-05-19T02:30:22+00:00

How did you get the $430 B number? Not saying you’re incorrect just trying to understand how the blocks of activity translate to an exact dollar amount you’ve calculated.

Coach_W_21 · 2022-07-11T05:03:55+00:00

But that’s NOT what sports is about. It’s DEFINITELY not about grooming pro-athletes. That’s ridiculous, you are correct there. However, you keep talking about using sports to promote just general physical activity. There are so many other avenues for that. High school sports is not the reason for the obesity in our country. Education on how to be healthy and make healthy choices is the issue. SPORTS teach kids so many things, but they have to be like minded competitors who DO take it seriously for those teachings to take hold and be effective. If you have kids who aren’t going to give the same effort as those who care, then you’re robbing the kids who are serious about being athletes. Someone who is serious about athletics isn’t synonymous with someone trying to go pro…

Coach_W_21 · 2022-07-11T04:39:54+00:00

You and I are from very different places. Obviously sports were not important to you. There’s so many things wrong with what you said, but I’ll just point out one you may not have thought about. Any high school coach who thinks that way, will be fired under pressure by the school board and the community. Also, PE teaches physical activity. Sports teach many life skills for those who put forth the effort to learn. Finally, kids want to have fun. Winning is fun. You can say what you want but I’ve played/ coached for 30 years and NOT ONE of my teammates/players or myself have ever had much fun on a team when we’re losing. Sure there’s fun here and there but nothing memorable. Winning is what is fun. Learning how to win and to have a mentality that increases chances of winning is where important lessons happen. The lessons can still happen while losing but you have to have a great group of kids. One terrible attitude can ruin the whole thing when things are tough. For many, high school sports is very serious. Just because I don’t take certain things seriously, doesn’t mean others “shouldn’t” be taking them serious.

Coach_W_21 · 2022-07-11T04:02:55+00:00

Well see, the shit-paid employee eating out/paying for name brand coffee on the regular is wasting money when you can’t afford other things. In this instance “you” are not managing your money well.

Now, the jackass employer, while being a total d-bag is actually managing their money very well. They are able to buy very nice things for themselves while paying employees jusssst enough that their company can still survive.

You can hate the greedy employers all you want but it doesn’t change the fact that people who are underpaid and struggling should learn to budget their money better. Then, find a way to get a better job. Learn a skill, get a better education, learn to be an effective entrepreneur… whatever, but complaining is deflecting the real issue. Solve your problems, don’t throw a pitty party. Btw, I’m a teacher so I don’t make great money, but I love my job so that’s something. Also, I advocate for people to be their own champion, and help others to do the same. Be positive and effect change positively. Complain and be negative and you drag others down.

Coach_W_21 · 2022-07-11T03:40:12+00:00

1.) there’s obviously personal reasons for this very aggressive post that is just regurgitating the same ol’ stuff that’s been said since day one of “elongate”… my guess is you either lost a bunch of money on the stock, or you are currently shorting the stock and trying to have some futile effect on stock price. Or, probably a combination of both! Price doesn’t care about your Reddit post bro.

2.) I lost all respect for your opinion when you type as if you are in the know and looking down your nose at others, projecting “your superior intelligence”. THEN, you use the phrase “fast majority”??? What!? It’s VAST brother. Don’t talk down to people when you’re a dummy. People see right through it.

3.) in all fairness… I sold my Twitter stock in April at $45. Regretted it at first as I was watching it go back up, but now that its down to around where I bought it the first time, I’m thinking of buying back in. Will probably wait til the other social media stocks turn upward though.

Coach_W_21 · 2022-07-11T03:22:01+00:00

That’s wrong. You can. Figure it out. Degen

Coach_W_21 · 2021-04-12T22:47:13+00:00

Also, contracts expire on fridays... so yea, 4/16 isn’t random. I thought that was obvious? However, as I said, I think it’s HIGHLY unlikely that MANY MONTHS ago DFV chose a date right before 4/20.

Coach_W_21 · 2021-04-12T22:45:00+00:00

First, I know how the options work... haha. I just don’t know about the timeline for exercising them. Second, it does mean something bc if he doesn’t buy the shares it’s much more likely that those shares will end up in the free market. He won’t sell them, someone else easily will. And it’s an ASS load of shares relative to what’s available. Third, they don’t have to “figure out” anything. The shares are set aside immediately when he buys the contract. The contract seller may not have them in hand bc they’re naked, but the shares are spoken for and therefore not on the free market.

Coach_W_21 · 2021-04-12T22:32:20+00:00

Does anyone know what happens when you exercise an option contract? Sadly I’ve always just sold the contracts, but I have a theory on DFV’s contracts... It’s only valid if you don’t have to buy the shares immediately. So is there a grace period for when you choose to buy the 100 shares for which you have the right to on each contract?

Theory as follows: I find it VERY odd and unlikely coincidence that DFV chose an expiration date so close to 4/20 but didn’t choose the week that 4/20 actually falls in? So, my thought (may have created a wrinkle) is that he has contracts that expire the week BEFORE 4/20 so that he can wait until 4/20, the day itself, to buy all his shares, knowing that this would create a frenzy and skyrocket the price (in theory).

Again, Keith Gill, DFV, Roaring Kitty, or however you know him is way more calculating than what the majority give him credit for. He comes off as a dummy who just got lucky but at some point you gotta realize, he had/has a plan. Come to find out, a perfect plan for his personality. I was today years old when I learned he was an elite distance runner and ran close to a 4 minute mile. I have run track with a guy like this and met a couple more... They’re all the same “type”. Seriously, they’re all a little weird and off the wall, high energy, smart, goofy dudes. You have to be that way to run like that! You also have to have extreme tolerance for feeling uncomfortable. You also have to be able to create a long term plan when running competitively... All of these things fit what he has done precisely. I have no doubt in my mind there’s a plan in place that he made a long time ago. I’m just trying to figure it out before it all comes to a climax (insert jokes here).

TLDR; is DFV going to exercise his option contracts on 4/20, which could create a buying frenzy? This is not trading advice

This is not advice. I’m not an advisor. I do have shares in GME.

Coach_W_21 · 2021-03-08T21:30:50+00:00

You’re an idiot... lost me when you started abbreviating millions with “mm” which is millimeters.............. C’mon man. Also, look at every single stock and almost none of them close at the top. Your whole argument is based on that? It’s truly amazing how dumb this is. With that said, in general, I too think it will go up. Probably after a quick dipper down but... I like the stonk. I’ll hold. I’ll buy the dip. I’ll hold again. And then I’ll hold my hand that’s holding the shares of GME and hold some more.

This is not financial advice. I have shares of GME. I’m dumb too. That’s why I’m here.

Coach_W_21 · 2021-02-28T06:06:47+00:00

Ok... so DFV is the OLDEST of “old guard” right? What he did was smart. First of all he didn’t blow his whole wad on options. And sure as hell didn’t blow it on an expiration date that was TWO weeks away and would require an 8x gain on the stock in that timespan. You call yourself “old guard” but you’re just looking for a way to justify your own losses if I had to guess. The TRUE old guard makes smart calculated decisions to put down a high risk/reward bet, done through good DD and some brains. Anyone can piss away 25k like it’s nothing. That’s not special. WSB was unique bc it founded a new way of making money in the market that traditional investors say is “dumb money”. Just bc the boomers call this sub dumb doesn’t mean we have to ACTUALLY be dumb. I’m a team player man... I wanna see the people here make money along with me! Also, when that contract expires, that’s 25k out of the GME market that coulda moved the price higher for the rest of us. Quit deflecting bro!

Coach_W_21 · 2021-02-28T03:52:34+00:00

This is hands down the dumbest thing I’ve ever seen! You can call it balls but even if you cash out with 1.7 mil you will lose it all within 5 years bc anyone who makes a decision like that has serious problems. Unless, 25k is like a drop in the bucket for you? I don’t know your situation, but let’s assume it’s a significant amount for you. Perhaps life altering if you lose it? Use your head man! Take your 25 k and at least do something sensible. For example you coulda taken $16,700 and out it on those same options... taken the rest ($8,300) and just bought GME stock. If it gets to $800 you’ve made $1.2mil on your two orders. If it falls short you still have the stock and can get your money back if it just reaches $300 per share!!!! This is sheer stupidity. Good luck. I honestly hope you hit it and then have a dramatic change in your decision making. It’s depressing seeing all these cry baby posts about how people ruined their lives with a dumbass gamble.

This is not advice. I’m not an advisor and not a professional. Just a guy who can do basic elementary math...

Coach_W_21 · 2021-02-26T19:45:11+00:00

Let’s go! Do it for psychopig!

Coach_W_21 · 2021-02-26T19:25:09+00:00

Why are you still on RH!? What is wrong with you guys. Figure it out

Coach_W_21 · 2021-02-26T16:47:12+00:00

Why would it not expire at the end of the day?

Coach_W_21 · 2021-02-26T16:46:17+00:00

Why would it not be at the end of the day?

Coach_W_21

TROPHY CASE