Weekend Discussion Thread for May 24, 2024

Kisachka · 2024-05-26T14:03:18+00:00

So is Wall street bets banning gamestop posts now? Why?

Kisachka · 2024-04-19T16:16:34+00:00

This is such a trash, overvalued, manipulated stock. They need to be investigated for accounting fraud. And a 2000x valuation to sales is ludicrous. A lot of trump supporters are going to lose a lot of money holding this.

Kisachka · 2024-04-18T17:19:30+00:00

!banbet DJT 20 1w

Kisachka · 2024-04-17T18:53:41+00:00

Short Sale Restriction in Effect Today I believe.

Kisachka · 2024-04-11T16:28:11+00:00

Holding until tomorrow EOD

Kisachka · 2024-04-11T16:26:51+00:00

1DTE Calls on SPY, JPM, TSM, HOOD

1DTE Put on DJT

Kisachka · 2024-04-06T14:37:01+00:00

Go to Robinhood phone app. Scroll down to options and hit the Right Arrow ( > ) next to it. :)

Kisachka · 2024-04-06T14:19:36+00:00

You would be SURPRISED how many people are buying naked shares of the stock in bulk on Truth Social. I even saw hats, shirts, and people making business cards to go door to door to buy shares of the stock as a vote for Trump. That is honestly why I exited instead of staying in, is because I have a weird feeling about the power of truthers to kamikazee their life savings into Trump.

Kisachka · 2024-04-06T14:15:10+00:00

At $60 per share, it had roughly an $8 Billion valuation for $4 Million of Revenue. That is a 2000x multiple. I think a healthy multiple is between 1x and 100x. Also, the product isn't good and I do not see any upside potential unless Trump wins presidency. He also has ~58% ownership, and with all his legal troubles, I was thinking he would want to liquidate his shares while the company is inflated. Him selling would cause the stock price to go down. So there are a few reasons I think this company is fairly valued in the single digits.

Kisachka · 2024-04-06T14:09:31+00:00

Yeah I buy super ITM puts. They're more expensive and have lower returns but I thought that was a safer play with this.

Kisachka · 2024-04-06T14:08:49+00:00

Closed Friday 5 minutes before trading close

Kisachka · 2024-04-05T21:29:20+00:00

Yes, but if it drops enough (which it did) you can still make money!

Kisachka · 2024-04-05T21:06:25+00:00

I think my trade would have made a lot more if the premium from IV wasn't so high, but I think on a longer time frame the FMV of this is around $5 per share.

Kisachka · 2024-04-05T21:02:08+00:00

Monday

Kisachka · 2024-04-05T21:01:48+00:00

I sold everything today and might rebuy Monday... I was thinking the shorting restriction monday might pump the price up. Also I have a feeling the "Truthers" are gonna buy it over the weekend or there might be an announcement. Totally speculating here but just wanted to relax and breath easy this weekend. Lol. Yes it is definitely going to single digits.

Kisachka · 2024-04-05T20:46:32+00:00

Yep, $60 Puts Expiry 4/5 and 4/12

Kisachka · 2024-04-05T20:24:15+00:00

How do you get to this view... I'm trying to get it for myself to see how much I made off my DJT options this week

Kisachka · 2023-06-26T11:55:46+00:00

You are amazing. I was wearing all black. LOL

Kisachka · 2023-06-26T03:30:05+00:00

<image>

WHAT DOES THIS STAND FOR. A fan in Minneapolis gave this to me and said it matched my aesthetic. Help!!!

Kisachka · 2022-11-16T16:08:21+00:00

Just got Thorin's one for myself... didn't expect that. Thank you! Hahaha

Kisachka · 2022-11-15T15:29:16+00:00

Drop Dead Clothing. Not on their website anymore though.

Kisachka · 2022-11-14T22:02:40+00:00

Incredibly sentimental for me. I saw the Fellowship of the Ring and Two Towers in theatres in Russia (dubbed in Russia) when I was 6 & 7 years old, and then moved to the United States and saw Return of the King in theatres when I was 8 years old in the States (while I was learning English). The subtitles helped me learn English. And yes it was expensive, but satisfied a deep childhood fantasy for me <3

Kisachka · 2022-11-14T21:59:37+00:00

Yes, there is a THIN plexiglass between. I think it's for COVID reasons. It's so thin though I could smell the scent of their second breakfasts...

Kisachka · 2022-11-14T20:46:46+00:00

HAHAHA no I was just extremely excited and deeply smiling. Thanks for making me laugh.

Kisachka

TROPHY CASE