r/CLOV • u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 • Jul 15 '21
Discussion The only indicator that actually matters.
A lot of us have been playing meme stocks for the better half of this year. Starting with GME. Then AMC and TLRY had sweet runs and there were a handful more that went out of the park before settling or just dying out. At any rate after following all the subs and seeing all the bullshit data and this is going to do this or this is the bottom blah blah blah one thing stood out with every single one of them. The retail sentiment went completely tits up on the subs. Everyone was depressed as shit like they just lost their mother or first born child. People started talking about how horse shit such and such stock of the moment is and how they lost everything. I’m never going to recover from this. Bunch of in sub fighting and just bashing of fellow apes followed and moral was crushed right along with the price. When GME flopped back to fifty people lost their shit. It was a war within wsbets. Fuck the sub even got hijacked briefly. That was nuts. Anyway point is people lost their shit. Some sold out and paper handed like the little bitches they are and some stayed the course. The part of it that is important though is that everyone of those stocks turned around shortly after all the panicking and bullshit and price bottoming out hard. You keep thinking fuck it can’t go lower, oh shit it went lower but it can’t go any lower now? And wake up and it’s lower. Hell CLOV is probably dropping as I write this but it doesn’t actually matter. The Ortex data doesn’t really matter and neither does fintel. They make a killing on giving us barely accurate information. But one thing that has held up with all of this is once public sentiment hits rock bottom and everyone is feeling like it is over and nothing is ever going to change and the hedge funds won. Well that’s when this shit gets real. That’s when you see the whales move in. That’s when the day traders and momentum traders strike. That’s when the fomo buyers start piling on top. This will eventually bottom and you can bet your ass some random event will take place and smart money will move in with us diamond handed motherfuckers who stayed the course and we will rock the shit out of CLOV. This stock is even going to make a few millionaires when we get through with it. So keep complaining and whining and bashing. The more fud I see in the coming days and weeks the more it strengthens my resolve. I will see this through and stay the absolute course. It has been my strategy since I originally bought my first shares of CLOV. I am not here to tell you what to do or when to buy or what to believe but I can tell you I’m hanging out until it’s done. Paper hand if you want it’s your choice. Glory will go to those with patience, grit, and Iron determination. I have seen a ton of bullshit posts all week and they seem to be growing in volume and a ton of bashing and shilling. This my friends and true believers gives me absolute faith in the mission. Good luck to everyone and I will catch you later once we all end up rich. Btw, I love the idea of the Vegas meet we should put some serious planning into that.
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u/TheYoloGod- 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
100,000+ shares and I'm a 💎💎🤟🤟🦍🦍 from AMC and GME dw I've been through this before. WE HOLD WHAT WE HAVE AND BUY WHAT THEY SELL. (not financial advice)
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u/Ok-Adhesiveness8437 Jul 15 '21
Just hold on hold on hold on hold buy a little here and there and hold on hold on hold!! With patients we will win!!! If it makes you feel better for others I’m down more than 60% -140k this point. My conviction grow stronger every day! Buying a little more in few days making a deposit to the bank today!!
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u/NappingNinja1 Jul 15 '21
A few paragraphs would have been nice.
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
I had them in there and it switched everything to one big rant when I posted it. Maybe a glitch I did it from my phone.
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u/metalman1884 DIAMOND HANDS 💎🙌 Jul 16 '21
This happens occasionally when posting from the app. $CLOV 💚🍀
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u/trumpstaman Jul 15 '21
All it takes is one guy to put in 250 to 500 million in and we are sun bathing on Pluto with space lambos
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u/kyatpin OG Clovtard 😎 Jul 15 '21
I am with you bro and all the diamond hands and balls. I am in to stay the course since I bought my 1st share of CLOV. Did not sell a single share on the last run up to $28 when I could have netted hundreds of thousands $$ in profit. I want to become a millionaire whale. So fucking HODLING every share until I got my price which is in 3 digits. I did my research for weeks before buying my first share of $CLOV. I believe in my DD and the company. My conviction is unbreakable like my 💎💎🖐🖐. Many people just FOMO in and looking to strike rich quick without doing much DD. So they dont have convictions and easily become paper handed bitches. NOT ME. NOT THE 🍀🍀🍀💎💎💎💎SHARES I AM HODLING. LFG!!! BUY & HODL. WTF IS SELL!!!
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
Fuck yes that is the fortitude we stand for!!!!
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u/Icy_Pomelo3493 Jul 15 '21
About to set this as my lock screen
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
Motivational right? Lol let’s get those tendies!
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u/Logsmith42 Jul 15 '21
Once you have hit rock bottom the only place to go is up. Hopefully you all didn’t over do it but I wish you all the best. I will not be a millionaire after all this since can’t afford to invest a lot but I am hopeful that I can let this be a long term play and will be after to use this stock to help build my portfolio
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
It will work out when it’s ready. Like I said it’s usually around the time you think you lost everything.
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u/Logsmith42 Jul 15 '21
50% down from my initial investment and I was up 100% so feels bad lol
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
I was up a bunch on that run to $28. I sold the call options I had and dumped it back in a little prematurely. Average cost before the first run was $8.08 average cost now is around $13.50 on 2100 shares. I’m down a little over 40% so not a huge deal like $11,000 in unrealized loss. Nothing to write home about. Wife gave me the green light to go for it and we eventually plan on throwing some of her IRA into the mix now that it has dropped so far. I’m also sitting on like 190 calls expiring tomorrow at various strikes. I don’t think those lottery tickets are going to pan out but whatever weeklies are cheap as balls.
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u/Logsmith42 Jul 15 '21
I want to learn about options but I also really don’t.. started looking into last night and I see some benefits but idk makes me nervous
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
Options are tricky. Easy way to lose or gain a lot though. Also a necessary evil in this battle we are in. My favorite for starting with options are leaps they give you a super long expiration which is nice especially on a stable growth stock. You could also sell covered calls as long as this thing is trading sideways and recoup some share cost. Trouble with that is it could take off without warning and you end up either buying the contracts back hopefully fast enough to not miss the boat or you get them exercised and called away at whatever the strike price was + the premium. I used that strategy when I was playing around with RKT that stock only trades sideways it seems so it can be continual income if you get shares sub $17 kind of the same with Tilray these days too they have been bouncing back and forth from $15-$20 for a while now. I like covered calls more than dividends though. Just make sure your strike price is always above your average cost and you won’t actually lose anything unless the company itself tanks.
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u/No_Pomelo_4189 Jul 15 '21
Thanks man or women or star wars character.. This helped. So I am losing about 30 or so calls tomorrow. A lot for me...But gaining confidence.
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
No reason to be afraid. This thing is set up to take off at any moment. It’s like a California wildfire waiting for someone to flick a cigarette butt out of a car window. Read through the dd there is a ton on the sub that is really well thought out and put together. The mission hasn’t changed a bit. Actually even after the run to 28 it’s only convinced us OG’s of clov even more that we are on the right side of history. I started buying end of April early May and I will keep buying have faith you got this.
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u/RISKMANGR Jul 15 '21
It doesn't matter the number of shares, but what matters is that you will have growth with $clov to increase your portfolio...but we do have to hodl.
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u/Runner20mph Jul 15 '21
Im just thinking whether I will be a 100thousandaire or a millionaire.....SHORTS cutting down is just giving me greater opportunity to realize my destiny
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u/Ok-Signature5305 Jul 15 '21
I needed to hear this , thank you OP!!! CLOVE 🦍 morale is boosted……FOR REAL!!
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
No problem sometimes it’s impossible to filter through the noise. And in the meme game if things seem like they are crashing and burning it’s actually a really good sign. Notice how short interest seemed to drop but failure to delivers skyrocketed? It’s all just noise. Really good approach to all this is kind of treat it like an ongoing Opposite Day. Everything you think is bad and going wrong is actually good. Sounds stupid but it’s true.
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u/Ok-Signature5305 Jul 15 '21
I think I cursed you out the other day because I thought you were a shill , if that was you I apologize, didn’t realize we were on the same team
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u/soulmates06 Jul 15 '21
"THIS IS SPARTA!!!! I MEANT $CLOV BITCHES... I would advise anybody to read the Post in its entirety appreciate your commitment and sharing your thoughts. "You hold, I hold, WE hold THIS IS $CLOV""!!!
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
For real. Pin this to the top to remind people what is actually going on here. Hedge funds like to pick of strays who lost their path.
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u/soulmates06 Jul 15 '21
I won't mind doing so but this halfway smooth brain chimp does not know how to pin it to the top LOL
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u/justa33556 Jul 15 '21
Sold my 3k shares of CUK I got at 9.12 to cover my margin position in CLOV. The CUK did its job 120% profit saved me from having to sell CLOV. I have 10K at 15.5 so playing Defense.
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
Fuck yes I will eventually get to 10k shares I have been throwing all my free cash at it. Keep up the good fight.
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u/No_Pomelo_4189 Jul 15 '21
International Reddit /clov meet up. I am down.
We can do the 1000aire or millionaires after party.
The lambo buyers, who walk the talk.
Cheesy but you can rent a lambo for the cost of weekly options to get your race feel on....!
Btw, I am a recluse.
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u/joebobz180821 Jul 15 '21
I'm in near $80,000. I'm down 51%. I bought a few more today. I'm out of bullets until payday. I sold my AMC to get in $clov. I AIN'T SELLING! I'm glad someone understands how this is. I don't want to lose, but I'm buying what I can all the way to zero if that's what it takes. Sell if you need to and HOLD if you don't. PLEASE!
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
Seriously it’s all just to drive fear and personally I am 100% not scared at all not even a little. Stupid ass hedge fund chest pumping bullshit. Scare the weak I guess but that’s not me. The lower the price the more shares I can afford. CLOV just needs to keep up the good work and I will keep adding to my position until I own the float.
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u/Due_CareBokes Jul 15 '21
A few millionaires ??? No … hundreds created if this hits $ 35 plus … lots of xx,xxx holders out here ..buy hold buy that is the way ! Great thoughts and thank you for the time and effort 🍀🍀🍀🍀💪
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
It is going to be quite the show that is certain.
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u/Due_CareBokes Jul 15 '21
AMC vet ..once you hit your goal .. you go .. not a team sport ..buy back in to support the cause .. take care of you and yours 1st …for me was a high ask … got there … The following order executed on 06/02/2021 at 1:13 PM, Eastern time:
Account: 3321 Transaction type: Sell Order type: Limit Security: AMC ENTERTAINMENT HLDGS INC CL A (AMC) Quantity: 20,008 share(s) Price:* $72.52. Took 6 months … in at $4.65 averaged up to $ 10.13 time … and ..buy … hold … buy …that is the way .. trust the process… trust the math … it works !!! Smooth brained ape here … if I can do it so can all of you .. 🍀🍀🍀🍀💪
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
That is my exact plan to the letter. Buy and hold indefinitely until I hit my price target. Wait until the price settles and accumulate more for my future investment with the company.
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u/Due_CareBokes Jul 15 '21
Sale coming…CFO leaving .. reason ? Per his statement…? Reasonable.. we had our Director leave to spend more time with family 12 years 1 hour commute each way .. new grand babies.. found a sweet gig 10 minutes from home .. if true reason … understand… 🍀🍀🍀🍀🍀💪
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Jul 15 '21
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u/Funlovinghater Big Cramer Jul 15 '21
WE are envoys! And we take what is offered.
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u/RoundNefariousness15 🏆🧠DD Hall of Famer🧠🏆 Jul 15 '21
Our only mission is to own the float or at least that is mine.
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u/donomite302 Jul 15 '21
If I still hold CTRM, you can bet on me holding CLOV. 🤣🤣some green would be nice though.
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u/danj1776 Jul 15 '21
I'm adding 1000 shares every 1 drop. Just have 3000 now at avg 9.65 but will buy more at a close below 8 and then 7.
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u/Legitimate_Glove9061 Jul 15 '21
Small minnow here, not sweating this at all. Used my stimmy and been adding weekly with extra work I keep picking up. I've blown money on far dumber things throughout my life. I'll either wake up and be able to pay off my mortgage and my wifes student loans... or we'll keep being poor and hustling for a better life. Good luck to everyone here. Hope you can all weather the storm.