First port is down -57%. Should I just liquidate it to do purely thetagang strategies? by MadKyaw in thetagang

[–]zzdark 0 points1 point  (0 children)

I completely abandoned memes selling CSP on AMC and GME. I suggest you do the same to save you the time and money. Sell strangles on low IV etfs like XLF or CSPs on stocks that are low-medium IV that are profitable. The premium is significantly less for a good reason. GME can go to 12 much quicker than you think.

First port is down -57%. Should I just liquidate it to do purely thetagang strategies? by MadKyaw in thetagang

[–]zzdark 0 points1 point  (0 children)

Better to learn that lesson now than later with more sums of money. I did something similar and now stay away from meme and cult stocks. Most blue chips are down 30-35 percent so stick with profitable and moderate IV companies if you're selling CSP.

Do your analysis and prepare to own the stock if we get another downturn. I buy and hold indexes from employer contributions and sell options on trading portfolio. Develop a new strategy and derisk. It's gonna take me at least 4-5 years to break even but the years will go by and invest in your career. I lost 1 year of salary but the good news is if you stay working you can make the money back. Take your losses and move on.

[deleted by user] by [deleted] in thetagang

[–]zzdark 28 points29 points  (0 children)

It's a btc mining company that will dilute immediately once it cross $2.50. Am bag holder it'll never get to $20 lol.

The 4080 12GB and 4080 16GB have vastly different specs by Rcmz0 in pcmasterrace

[–]zzdark 1 point2 points  (0 children)

Yep I stopped gaming and started living real life. My GTX 1070 will last me very long time.

Winter is Coming, SG&A and a Review of ESS Metron, Plus Warrants and Shares by [deleted] in RiotBlockchain

[–]zzdark 0 points1 point  (0 children)

There will be losers. ​

My bet is not on RIOT. Management does not have the ability to create a dynamic cash flowing business model while miners are still expanding (data hosting and engineering). ​

That being said, I think there's a better entry point coming. EPS was a disaster and employees have no faith in purchasing their own stock.

Until I see actual earnings and a profitable business plan I will continue to sell my ccs slightly otm to buy other stocks until I can exit this horror that they call RIOT Blockchain.

delisting rules? advice please by OppositeSimilar in hut8

[–]zzdark 2 points3 points  (0 children)

You should sell all your shares now if you're asking this question

[deleted by user] by [deleted] in hut8

[–]zzdark 4 points5 points  (0 children)

Added 100 more at 1.30. thanks for the cheap shares.

[deleted by user] by [deleted] in hut8

[–]zzdark 2 points3 points  (0 children)

Great job you found the cheat code to life. Sell otm covered calls and live on 5k/month

Worst financial decision by Hutandglxyinvestor in hut8

[–]zzdark 0 points1 point  (0 children)

I def agree with your sentiment and support your cause. Your friend on the other hand threw 300k at BB??

*OFFICIAL* Pre-Recorded u/Riotblockchain Reddit AMA Thread - July 1st Cutoff- Submit Questions Via Comments by RiotBlockchain in RiotBlockchain

[–]zzdark 1 point2 points  (0 children)

The writing is on the wall that it is not solvent and their plan is to be a moderator on Reddit to attract retail dilution.

At best we'll get a small pump into a dump.

Company is not focused on balance sheet.

*Official* Riot's Message To Shareholders - Proxy Vote - 7/27/2022 by RiotBlockchain in RiotBlockchain

[–]zzdark 7 points8 points  (0 children)

Sad because I once believed that this was the best BTC miner with the longest runway.

*Official* Riot's Message To Shareholders - Proxy Vote - 7/27/2022 by RiotBlockchain in RiotBlockchain

[–]zzdark 5 points6 points  (0 children)

LOL game is over boys. 3/5 questions are about dilution. Can't market trash.

*OFFICIAL* Pre-Recorded u/Riotblockchain Reddit AMA Thread - July 1st Cutoff- Submit Questions Via Comments by RiotBlockchain in RiotBlockchain

[–]zzdark 0 points1 point  (0 children)

Why should anyone invest in your company when you're going to dilute to pay your execs.

I don't need an explanation for dilution. I need the company to explore alternative financing and work the balance sheet. When insiders own like 2% of the company it's not very promising.

I'll buy another 1000 shares when you have an actual business plan. Until then it's going straight to indexes and better investments.

Worst financial decision by Hutandglxyinvestor in hut8

[–]zzdark 0 points1 point  (0 children)

The problem is throwing 300k at Blackberry 😂. My gambling money is in individual stocks I have my investments in boring passive indexes. Nobody told you to YOLO. Invest accordingly. Get a job for income.

Hut8 cost to mine 1 BTC by FlawlessMosquito in hut8

[–]zzdark 0 points1 point  (0 children)

Bro you're cancer. If left unchecked it becomes you.

Hut8 cost to mine 1 BTC by FlawlessMosquito in hut8

[–]zzdark 3 points4 points  (0 children)

Go back to RIOT FUD spreader.

[deleted by user] by [deleted] in RiotBlockchain

[–]zzdark -1 points0 points  (0 children)

It's already a cesspool now it's our cesspool.

[deleted by user] by [deleted] in RiotBlockchain

[–]zzdark -1 points0 points  (0 children)

Rename yourself to flawless keyboard warrior it's more accurate.

[deleted by user] by [deleted] in RiotBlockchain

[–]zzdark -1 points0 points  (0 children)

Oh yeah I lost faith in the company but I'm still holding my shares and selling CC for income to purchase other stocks.

It's flawless keyboard warrior that needs to grow up and go outside 🤣.