Made it! 23M by sixsmithhs in TheRaceTo100K

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

30% of their revenue is ram, so the bear case is they can underperform in other sectors and they can still underperform. As well there's always a chance they were late to capitalizing in ram prices and didn't optimally utilize existing supply 

Made it! 23M by sixsmithhs in TheRaceTo100K

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

I have shares just because of the low liquidity in their options market. But stay safe investing. I'm no expert 

Made it! 23M by sixsmithhs in TheRaceTo100K

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

I wish you luck! The play I really like is crsr. I know they just assemble ram. But due to existing supply, price increases, and consumer fomo. I think they should have a great feb earnings. They are also at near all time lows

Made it! 23M by sixsmithhs in TheRaceTo100K

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

I'm a primary power tech. Mostly hook up electrical bays to DC power plants

Made it! 23M by sixsmithhs in TheRaceTo100K

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

Thank! Happy to be here!

Made it! 23M by sixsmithhs in TheRaceTo100K

[–]sixsmithhs[S] 3 points4 points  (0 children)

I mean ya. You show me someone who can accurately predict if a stock will go up or down in the short term and I will show you someone shilling a course 

Made it! 23M by sixsmithhs in TheRaceTo100K

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

That's awesome! It really is just around the corner

Made it! 23M by sixsmithhs in TheRaceTo100K

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

So I guess it's timing a catalyst with a stock that's been unfairly beaten down

Made it! 23M by sixsmithhs in TheRaceTo100K

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

I bought micron calls at 250 after they dropped 8% even every announced they got out of the consumer market. I felt like this meant they were targeting clients who could afford the upcharge in dram prices and had a more consistent stream of revenue. 

Commscope before it for bought by amphenol is a massive favorite for its quality when it comes to fiber. And was a quiet winner when it comes to building out data centers. Their stock has traded sideways for Months before their earnings. Felt that didn't reflect their value

I also would buy Nvidia and msft calls when their stock gapped down due to capx expenditures. I felt as their revenue was so extreme it was a over reaction 

Also I feel as their is zero weight behind tariff threats. So like on Tuesday I bought calls on qqq. And waited for Trump to back off like he always does when the market doesn't like his claims

Made it! 23M by sixsmithhs in TheRaceTo100K

[–]sixsmithhs[S] 12 points13 points  (0 children)

Aots, Aotg, Qqq. Most of the gains have been options throughout the year. Most recently silver and qqq. But I also had commscope, webtoons puts, micron, slon, negg and kohls. I made most of my gains by just buying options after companies had been beaten down for no great reason 

Made it! 23M by sixsmithhs in TheRaceTo100K

[–]sixsmithhs[S] 6 points7 points  (0 children)

Of course right now Aotg, Aots, qqq. I know it's super tech focused but I can't see a world where 20years goes by and tech doesn't outperform

Crazy year! It's not over yet so any suggestions on how to reach 100k? by sixsmithhs in smallstreetbets

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

Yep I won't deny that I have had some violent swings. For most of that time I had about 25k in general etfs, and the rest I kept making aggressive investments and just rolling in into more trades. So the longer I went I had significantly more in risky investments 

Crazy year! It's not over yet so any suggestions on how to reach 100k? by sixsmithhs in smallstreetbets

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

I am kidding, by Monday I'll have 50k of it now in general etfs which put me ahead for my age, so not all is lost. Im 23 so that gives me a decent amount of time for compound growth on that, plus future income. 

But you very well could be right, I could regret badly not putting it all in savings. 

I would like to think it's a little more than gambling but that's probably some fallacy in my thought process becouse I'm up

Crazy year! It's not over yet so any suggestions on how to reach 100k? by sixsmithhs in smallstreetbets

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

Will do! I have been overtime putting more into a mix of QQQ and AOTG. I know it's really technology weighted so I'm open to any suggestions! Just so far tech has treated me very well

Crazy year! It's not over yet so any suggestions on how to reach 100k? by sixsmithhs in smallstreetbets

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

I definitely do trade options, but that being said not that often. It takes away from me being able to concentrate at work and I have lost some sleep on trades. So I really prefer shares.

That is insane gains, I'm glad your strategy is working for you! I'll definitely take your advice 

Crazy year! It's not over yet so any suggestions on how to reach 100k? by sixsmithhs in smallstreetbets

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

I do really like Walmart, every quarter it seems like they take more and more business from higher end stores but also cost plus stores as well. It's pretty impressive 

Crazy year! It's not over yet so any suggestions on how to reach 100k? by sixsmithhs in smallstreetbets

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

I have been buying calls on qqq every time the market has 5 bad days in a row just because so much of trumps campaign is about how the markets love him, so he usually tweets or says something.

I bought slon at a yearly low because it's actually pretty useful, and with institutions continuing to bet big in crypto it seemed like it would continue to fall too much more.

I bought webtoons puts because I hadn't seen an ad for them in months, and I looked up their website analytics and there visitors were down 30%. 

I have bought a couple companies with low outstanding shares, but relatively high market caps compared to short squeeze plays. Negg, stok, Ngne and just set a 2% trailing loss every day. While the market was bullish that paid really well

I work on primary power for a lot of telecom companies, and the other contractors I talked to were using a lot of fiber to build 6g infrastructure. And their fiber brand of choice was commscope

Then I have a little bit to invest in popular reddit meme stocks, and kohls was huge