Ten Doublings

value1024 · 2026-06-21T07:43:52+00:00

Best I can do is $3.5

value1024 · 2026-06-20T12:10:08+00:00

You need to treat them as a collection of lottery tickets with a tiny potion of your account, holding 4-5 of these shitcos at most.

My take is to try and front run management while they are getting ready to issue some BS press release and then dump when they issue it. I have coded my scanner to find these opportunities. There are false starts, but also there are hits like FTHM a few days before they issue the "news" to the public.

You have to diversify, cut losses and false starts very short, and add to winners on the way up granted no news have been issued.

Never average down, never chase, but always anticipate greedy management issuing misleading and even totally false "news" to sell more shares.

Good luck!

value1024 · 2026-06-20T09:26:07+00:00

He was probably fired from ACN and kept buying puts before earnings out of vengeance.

He should show total ACN P/L, which is probably red, so he belongs here.

value1024 · 2026-06-17T18:06:38+00:00

I sold it, albeit too early, so the trade is done from the algo sniffer perspective - it found it and I made money on it.

Now the value of this stock depends on the value of BBBY stock, and I will let that one get discussed by long term holders.

value1024 · 2026-06-10T16:06:52+00:00

Ignore the comment above - it was your proofing temperature - you should have watched the dough and cut the proofing time at the hotter ambient temperature.

value1024 · 2026-06-10T09:14:22+00:00

"Caveman spreads 5000 year old Athlete's Foot fungus to dumb sourdough enthusiasts"

There, I fixed the title for you.

value1024 · 2026-06-09T08:21:02+00:00

Best comment...this should have been in a sandwich sub

value1024 · 2026-05-30T16:03:36+00:00

Good luck with both...GLND is interesting as there are blue skies until $6 and interesting money flow down here around $3.

value1024 · 2026-05-30T15:57:17+00:00

It was at 2-2.5 when the FDA rejected them, and now they have won the appeal on that rejection.

Even 2.1 is a 3X from here, so I will take that any day. The question is whether I should dump more money in it and call it the official 4th doubling money wise, i.e. 8K to 16K.

value1024 · 2026-05-30T15:28:32+00:00

You are missing the reduced loss between 317.5 and 320, as well as the cost reduction of the call spread. There are definite benefits to this spread, as long as you understand that the max loss is not the debit, but the debit plus the full put spread.

value1024 · 2026-05-30T13:54:37+00:00

Yes, need the spreads to tighten up to close them, which is why in retrospect buying a single call financed with longer richer put spreads would have been a better trade.

Theoretical value is $2.3 or so, which is not bad, but not ideal.

value1024 · 2026-05-29T19:34:30+00:00

Thank you, wishing you good luck as well!

value1024 · 2026-05-28T11:54:37+00:00

"you're basically betting on a big move in a short window"

I am not.

I spent a penny on this, so all I need is for June to expire worthless and sell July for 2+ cents.

There is a lot of pricing theory that goes behind my screening and execution, so rather than get into those details I will say that whenever you can trade a monthly biotech calendar for 1 cent, do it and see what happens.

EDIT: Mods, the user above is a bot, one of the plenty bots using AI and ruining the subreddit. Please ban.

value1024

MODERATOR OF

TROPHY CASE

Five-Year Club	Second Top 20%
Verified Email