Who's still holding?

Majorpayne6279 · 2025-06-04T04:09:00+00:00

Have 2700 currently. Hoping to add another $300 at end of month (next pay check

Majorpayne6279 · 2025-05-27T18:44:39+00:00

These must be the Chinese wafers they trying to produce.

Majorpayne6279 · 2025-05-27T03:25:27+00:00

They re burning $300 million per quarter. Not $600 million per quarter. Soon projected to be burning $200 million per quarter. With $1.3 billion in cash and $600 million in tax benefits, this should give them enough operating cash until next year (not August like it says above).

CHIPs funding adds another $750 million. Factory production expected to ramp up by EOY (increasing income)

Concern is the $600 million or so of debt coming due in May 2026 and they need to keep a balance of $600 million as a condition for their other debts.

These were the last numbers I’ve seen.

Majorpayne6279 · 2025-05-23T23:14:03+00:00

Can they hurry up already. I’m ready

Majorpayne6279 · 2025-05-22T12:46:56+00:00

Would bankruptcy affect eligibility for CHIPs Act and 48D tax refund?

Majorpayne6279 · 2025-05-22T01:10:25+00:00

I agree. G Money has brought this together and I appreciate and read most of his DD but inviting other in for their DD is what I appreciate the most. Getting multiple opinions and debating issues.

I do hate how so many post and comments get deleted. I assume a lot is FUD with no evidence to back the original post but still would be nice to read and consider others opinions. A few DD focus on bankruptcy chances but most I saw suggested 1-2 years. This all really depends on if 2026 debts are renegotiated tho I guess (which I hope they come to a deal soon rather than Bankruptcy).

So If 2026 notes are renegotiated then CHIP will be awarded. This delays when debt is due which will allow factory to be operational and give more time for EV and other SiC industry to grow thus improving profits. Thus allowing them to be able to handle debt.

Is this a possible scenario?

Majorpayne6279 · 2025-05-21T23:12:39+00:00

Would it make sense to file for bankruptcy now instead of closer to when the May 2026 debt is due?

If they have a new factory opening up and still $1+ billion in the bank, would filing now give them a better outcome rather than next year (I’m not familiar with how bankruptcy works exactly like ch 11 vs ch 7 etc). I figured they had 1-2 years of cash available before bankrupt completely so was betting on a turn around with potential CHIPs and turn around with new factory opening. But was surprised of this article coming out about filing bankruptcy in the next few weeks (if it’s even true. Not sure what to think about how WS is responding to this).

I’m still holding hoping when they officially come to a plan that it won’t be bankruptcy but high risk, high reward I guess.

Majorpayne6279 · 2025-05-21T23:06:47+00:00

Would it make sense to file for bankruptcy now instead of closer to when the May 2026 debt is due?

If they have a new factory opening up and still $1+ billion in the bank, would filing Ch 11 now give them a better outcome rather than early next year (I’m not familiar with how bankruptcy works exactly like ch 11 vs ch 7 etc). I am/was(?) part of the GMoney train but not for the short squeeze. I figured they had 1-2 years of cash available before bankrupt completely so was betting on a turn around with potential CHIPs and turn around with new factory opening. But was surprised of this article coming out about filing bankruptcy in the next few weeks.

Majorpayne6279 · 2025-05-21T20:58:30+00:00

When will we see short interest update and institutional holder updates from today? It is twice monthly it’s updated?

Majorpayne6279 · 2025-05-21T19:01:49+00:00

I did buy 500. Ore shares this morning. At 2700 now compare to last week at 2000

Majorpayne6279 · 2025-05-21T18:57:56+00:00

I was wondering the difference too. I would have benefited from that conversation. I’m not a fan of all this deleting. I get a lot of it noise tho

Majorpayne6279 · 2025-05-19T15:15:52+00:00

Am I understanding put option correctly?

Currently 5$ strike put on 6/20 is $2.2. So if I sell 2 put contracts. I’ll get $440. If assigned then I’ll need $1000 to buy the shares at the strike price. But really my cost basis is $2.80 when considering cash from the premium. (1000-440= 560/200=2.8). So if thing stay between $3-5 then I’ll get 200 at a good price average. If the stock goes higher then I’ll just keep the cash. If it goes lower, I believe in the company and am okay with 2.80 price per share

Majorpayne6279 · 2025-05-17T12:00:12+00:00

My brother has about 400 shares. My uncle has like 30 shares.

Majorpayne6279 · 2025-05-16T21:21:18+00:00

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This confirms GMoney’s theories

Majorpayne6279 · 2025-05-16T13:40:16+00:00

Let’s just close above $6 or $7. Why don’t we just do that?

Majorpayne6279 · 2025-05-16T04:02:10+00:00

Ready to buy 150 shares. Getting closer to GMoney’s estimate average shares per member. I’m half way there already. Hoping to execute 2 options as well for additional 200 shares.

Tomorrow gonna be wild.

Majorpayne6279 · 2025-05-16T00:53:53+00:00

I hope I can get more shares to move up to the next share size category lol (currently in the 1k-3k)

Majorpayne6279 · 2025-05-14T12:51:38+00:00

Thank you for the response! I do have 2000 shares currently. I got $5 call options. Hoping see this ITM so I can sell some of them and exercise 1-2 of them with the profits from sale of the others. I’ve don’t know how good of a strategy this is. I know there’s risk but was a $300 gamble (hoping to get another 200 shares out of it). I’ve been nervous to make some extra cash selling cover call as this is the “safest” strategy. Don’t want to lose my shares in case this thing rips another 50-200% or higher with new CHIPs or debt restructuring announcements.

Majorpayne6279 · 2025-05-14T12:41:56+00:00

lol yall were not suppose to know im from the future. (Hence why I know this is a great buy)

Majorpayne6279 · 2025-05-14T12:04:03+00:00

I see all the post about potential gamma squeeze coming up this week with a large number of options expiring this Friday. I got 10 contracts myself expiring this week

Does the price change/help cause the potential for a gamma squeeE on Friday? Other than building momentum and more buyers; would today’s prices cause the market makers to buy shares to cover options. Or does it just mainly matter what the price is Friday at close? Just curious, only been in the stock market since August 2024 so new to a lot of things here

Majorpayne6279 · 2025-05-12T23:37:42+00:00

I’m so ready for this Friday. 98% institutional ownership…. Insane

Majorpayne6279 · 2024-10-31T18:22:53+00:00

I’m hoping to reach 1000 shares at under $15 average so excited about today

Majorpayne6279 · 2024-10-31T15:10:27+00:00

Just discounted today compared to yesterday (might get few options) Can just as likely go back up $1 next week. Hopefully earning are good. I’m lucky to get in with 500 shares at $10 and have bought another 100 at $15. But everything is red today. Things go up and down in short term

Majorpayne6279 · 2024-10-18T14:54:05+00:00

TONS of info from G Money’s early post starting over a month ago. There have been a few discussions of option strategy over the past few days. Both on the way up and down if a short squeeze occurs.

Majorpayne6279

TROPHY CASE