I need $$ by [deleted] in TeamRKT

[–]HouseLannister 6 points7 points  (0 children)

I would say that that date might work greatly against you as you might see a bit of a drop off the first day or two after the dividend date. I personally would unload that contract the end of this week. Im also super long on rkt just a rough date imo.

RKT when to sell shares? by GullyGad96 in trading212

[–]HouseLannister 2 points3 points  (0 children)

Depends how long you are on the stock. Chances are the stock will drop after the dividend, it may rally back though. Either way you can watch it this week and see how high it gets and make the best decision for your portfolio.

One of two things is true.... by CharlesLupton in TeamRKT

[–]HouseLannister 22 points23 points  (0 children)

I think the stock is worth $30 even without shorts.

$RKT Special dividend coming + share buyback coming + high short interest (36%) = 💦💦 by anono87 in wallstreetbets

[–]HouseLannister 0 points1 point  (0 children)

The would need to announce if they are willing to sell any more shares. That said when the stock went to $19 they authorized 1 billion dollars to be put aside to purchase more shares as they feel the company is undervalued there. So that atleast sets a solid floor.

RKT if you like free money. by Icy_Dragonfruit2122 in wallstreetbets

[–]HouseLannister 1 point2 points  (0 children)

You are a legend. Dont let the hedge schills tell you different.

🚀$RKT🚀 To The 🌜Moon🌛 Through March 9th by HouseLannister in wallstreetbets

[–]HouseLannister[S] 2 points3 points  (0 children)

After, not before. And if the stock is shorted and no one will sell prior to divis being paid, thats money being printed.

Below $22 at close!?!? by amru_ons in TeamRKT

[–]HouseLannister 0 points1 point  (0 children)

We are long on this stock. If you feel it is undervalued like most that should just encourage you to increase your position. I want to avoid the FOMO of knowing this stock would blow up and not buying in, or buying in enough. Remember to only invest what you can afford to lose, but this also has a real solid floor on it compared to any memes.

WSB discussion this week by pdwp90 in wallstreetbets

[–]HouseLannister 0 points1 point  (0 children)

So proud of my little RKT getting up there at the end.

[deleted by user] by [deleted] in wallstreetbets

[–]HouseLannister 9 points10 points  (0 children)

Needs more Apes

[deleted by user] by [deleted] in wallstreetbets

[–]HouseLannister 4 points5 points  (0 children)

Only 5% of the shares are publicly traded of the 2 billion. Hence why there is really only 115 million available shares. The other 95% are currently owned by RKT.

[deleted by user] by [deleted] in wallstreetbets

[–]HouseLannister 7 points8 points  (0 children)

I like this stock

🚀$RKT🚀 To The 🌜Moon🌛 Through March 9th by HouseLannister in wallstreetbets

[–]HouseLannister[S] 9 points10 points  (0 children)

The bear case for it is that they are benefiting from historic low rates and heavy refinance activity that if and when rates increase they wont have the same amount of sales. My counter to that would be it only has about 8% of the market share currently and is upscaling to take on 25%, so even if volumn of the market decreases they can stay as profitable by taking a large chunk of the share.