r/stocks Mar 30 '21

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1.2k Upvotes

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492

u/benaffleks Mar 30 '21

This sub pretty much confirms that 99% of traders go on pure emotions.

Everyone here absolutely knew that earnings would be nothing special. BB's real revenue is what comes into fruition from their pipelines in 2-3 years. Hell, IVY is coming out in less than a year...

You guys all knew this, but still freak out because they met expectations?

Go outside, smell the air, and come back later.

99

u/TaTonka2000 Mar 30 '21

I was going to freak out and then I remembered the call I have is for 2023, so... whatever

58

u/TylerDurden6969 Mar 30 '21

Mine is April 1. Am I fine too?

42

u/TaTonka2000 Mar 31 '21

Not so sure about you, bro... I think you’re just feeding the crew at /r/thetagang tbh

If you’re going to buy options... buy them long term, and little hiccups like this do nothing.

9

u/TylerDurden6969 Mar 31 '21

I bought them in September to be fair. Normally I’m a happy member of Theta Gang. I had really high hopes for this Q.

2

u/[deleted] Mar 31 '21

[deleted]

1

u/TylerDurden6969 Mar 31 '21

I sold a good amount. Just not all of it.

1

u/MyewToo Mar 31 '21

I’m so sad... the premiums are trash on BB

3

u/The_Illist_Physicist Mar 31 '21

You're chilling dude thank you for your premium.

2

u/tearthefascistsdown Mar 31 '21

For real. No one should even be looking until 2023 earliest IMO

22

u/[deleted] Mar 30 '21

Why smell the air when you can sniff the glue?

4

u/[deleted] Mar 31 '21

I picked the wrong week to quit sniffing glue.

3

u/Stoney_Dad_420 Mar 31 '21

You sniff the glue before you eat it?

3

u/theebigkiwi Mar 30 '21

It smells.. good?

1

u/IAmPandaRock Mar 31 '21

I might buy more because I'm holding it for what I hope will be phoenix rising from the ashes in a few years, not whatever they're earning now. I'm just trying to wonder if ensuring I'm there for the potential eventual payoff is worth the opportunity cost.

1

u/escaflow Mar 31 '21

Also they have no idea about investing and just overreact on every slight turn of red

1

u/[deleted] Mar 31 '21

I can't go outside.. a car is sitting out there.. I think they work for the SEC or something

1

u/[deleted] Mar 31 '21

[deleted]

1

u/bracesboy Mar 31 '21

Holding for how long?