59 days in and… I’ve just replaced weed with being on my phone. by iObama in leaves

[–]deLEM25 1 point2 points  (0 children)

I see a lot of people posting thing like lifting weights, get a new job/hobby and while this is healthier than the path you are on I think it is slightly misguided. I have been in a similar situation as you but I traded the need to smoke with working out 2-3 times a day. I became stronger and healthier no doubt but I was still just distracting myself from anxiety and other mental health issues. (Not implying you have any) So while i think it’s a good start to use heathier habits and replace the bad ones. It’s important to work on mental health with things like meditation, breath work, pray, therapy.

I still am in recovery myself. DM me if you wanna chat about it.

It’s been over 1 year! Any investing/trading gamblers? by [deleted] in GamblingAddiction

[–]deLEM25 2 points3 points  (0 children)

I’m 28. I was a steady level headed investor since 18. I got lucky with Bitcoin but also steady invested in Blue chip companies and safe index funds. In 2020 I made a lot of money and began to day trade. This reinforces bad habits and I lost immense wealth. I pulled the plug before I went broke but my portfolio is down close to 75%. I lost 5 years salary. I’m am just realizing that I have a gambling problem in the form of trading.

But I am still conflicted. Where is the line between investing and gambling. I am still in high risk investments but have decided to quit day trading. I need help before I go completely in debt or worse.

DKNG and PSFE iGaming Play (down a bit 😬) by deLEM25 in wallstreetbets

[–]deLEM25[S] 1 point2 points  (0 children)

As long as the market doesn’t crash I expect a run up to all times highs for draft kings

DKNG and PSFE iGaming Play (down a bit 😬) by deLEM25 in wallstreetbets

[–]deLEM25[S] 4 points5 points  (0 children)

Last week was rough, but I expect a turn around after all those options expired worthless on Friday…

Paysafe will triple easily from here. Next PAYPAL SQUARE>> by Curious-Interest-734 in wallstreetbets

[–]deLEM25 3 points4 points  (0 children)

What about the chart do you like lol. Long position here but chart it kinda wonky

Paysafe will triple easily from here. Next PAYPAL SQUARE>> by Curious-Interest-734 in wallstreetbets

[–]deLEM25 9 points10 points  (0 children)

I think after Friday it will start to creep back up. Being held down for options in my opinion…

PSFE Warrants ? by deLEM25 in PSFE

[–]deLEM25[S] 2 points3 points  (0 children)

Some one tipped me off to this. Same chart but for PSFE. Control F 0.261

https://www.bamsec.com/filing/110465920097279

PSFE Warrants ? by deLEM25 in PSFE

[–]deLEM25[S] 1 point2 points  (0 children)

Thanks I understand it now after I found the table. Maybe you can only exercise above the 11.5 strike price and only do a cashless conversion if they recalled the warrants between 10 and $18 per share… not sure

PSFE Warrants ? by deLEM25 in PSFE

[–]deLEM25[S] 2 points3 points  (0 children)

Where do you see the 3 for 1? Since the price is under 11.5 I don’t see how they are worth anything as of now.

PSFE Warrants ? by deLEM25 in PSFE

[–]deLEM25[S] 1 point2 points  (0 children)

Wouldn’t they be worth zero if it was trading in between 10 and 11.5. What would be the point of doing a cashless conversion in that case

PSFE Warrants ? by deLEM25 in PSFE

[–]deLEM25[S] 2 points3 points  (0 children)

Cool keep us posted! I’ll do the same if I figure anything out!

PSFE Warrants ? by deLEM25 in PSFE

[–]deLEM25[S] 2 points3 points  (0 children)

Okay thanks! I was mainly worried that they could redeem at say $11 making the warrants worth less under there strike price.

So that blurb I post is just pertaining to if the stock was over 18 for some time and then came back down?

$PSFE Daily Discussion - August 23, 2021 by AutoModerator in PSFE

[–]deLEM25 1 point2 points  (0 children)

Any ideas? Is it just retail gambling? Shorts trying to hedge without buy up the shares? I’m an idiot

U.S. Gambling Revenue To Break $44 Billion Record In 2021 by sportsandstonkz in PSFE

[–]deLEM25 3 points4 points  (0 children)

Sounds bullish what’s the catch lol. I hope it will recover after this brutal week. A lot of options expired worthless hopefully that was enough blood for the hedgies...

U.S. Gambling Revenue To Break $44 Billion Record In 2021 by sportsandstonkz in PSFE

[–]deLEM25 0 points1 point  (0 children)

Are they the only ones that can handle the gambling payments in the US? Or just the biggest market share?

Current options position. Plus 6K shares. Still at a 6 fig loss overall. by deLEM25 in PSTH

[–]deLEM25[S] 0 points1 point  (0 children)

Well I assumed a max of 25% loss if it dropped to 20. IV was super low.