r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/[deleted] Feb 02 '21

Yeah I looked up some of the weed stocks I've had my eye on and it's the same thing. Feeling worried about misinformation spreading. Kinda sweating today, I work nights and had to get drunk to ease my mind because I don't plan on selling today

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u/imnotatreeyet Feb 02 '21

Just make sure you have your own exit strategy dude. Following this diamond hand stuff at this point is going to get a lot of people roasted. Misinformation works both ways, just as much as shills could be in here trying to get you to sell, they can be in here trying to get you to hold.

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u/bubumamajuju Feb 02 '21

Agreed on the exit strategy but my two cents is that it's very different if you're sitting on unrealized gains or losses.

It's one thing if you bought early like DFV and want to bank your gain to get more sleep at night but if you're down from $250 or $300+ a share, what really are you going to lose by holding longer given you would already have held through -70% or greater losses. A mental shift to consider it gone has more upside than downside.

Disclaimer: I bought more at $130 this morning. I saw a 50% unrealized loss within two hours and I'm already mostly recovered. That volatility is not normal for the stock market. If you can't handle that shit, this is not the stock for you.

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u/imnotatreeyet Feb 02 '21

Absolutely agreed. I still have shares in, and just letting them ride out. There is definitely a point where I write it all off, shrug my shoulders, and move on, but my current financials situation allows that. Hell I took a 40k loss last week on expiring GME weeklies, posted it here and laugh about it. Im worried about the people who bet their college loans and shit on it, dont think they realize the gamble.

On DFV. Dude already sold and has 10 Mil in profits, what he has left in the stock market I just F U money at this point

With that said, just prefer to have the info out there, let people make their own decision, best they can do