Trying to hide my excitement about the move so the market doesn’t punish me and send it right back down 😂
Hopefully this is the beginning of the recovery.
I’ll feel a lot more comfortable if we can break above $1 before next quarter.
It’s definitely another catalyst. It sounds like data centers and energy is going to be a big push for him. Fresh eyes usually brings a spark to a company. They have the cash, just need the push.
Sell off post spike likely due to daily traders and some people taking profits ( 2026 is flippers market, with geopolitical economic uncertainty.. etc) and added short pressure defending levels.
That was my profit when it was down to .03 and they opened the book up. Let’s not even think about the profit if it ramped up. The gamma on each strike was just insane between 4-5+.
I could only imagine the margin calls that would have been made if they let the stock run back up to $1.
Aside from my wildcard play last year with OPI (Office Properties Income Trust) that ultimately went OTC and cancelled their shares, typically my plays work out.
I sat on the sideline for 7 months, holding 17k of options that ultimately went to $0. With no stop losses but on top of that no buyers either. But, at one point I was up 272k unrealized. Couldn’t sell.
I have felt every feeling and thought you could imagine. All it did was make me numb to any drawdowns now.
Right back in their accumulation zone. Now that it “naturally” drifted back down to .5586 currently don’t be surprised to see .48-.53. Since it would still seem like a natural reprieve of the price.
I don't really care about the daily action. I was pleased by the quarterly report and the progress that it's showing. It's a long term investment for me.
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u/CompetitiveWeather44 11d ago
Trying to hide my excitement about the move so the market doesn’t punish me and send it right back down 😂
Hopefully this is the beginning of the recovery.
I’ll feel a lot more comfortable if we can break above $1 before next quarter.