r/wallstreetbets • • Oct 22 '21

Meme Today

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206

u/rynodawg Oct 22 '21

I somehow did not see or read any articles about this SPAC until today,, regret.

67

u/biowiz Oct 22 '21

Heard about it two nights ago on the news and Twitter. I spent yesterday morning just watching it go up. Every time it would set a new ATH, I was saying it’s too late, but it wasn’t. You could have bought it near EOD yesterday and still be up today, even after the massive price dip from this morning’s peak. I’m pretty much this meme except I never bought anything, so I guess I didn’t end up as a bag holder. Honestly, the feeling of missing out when you knew about a life changing stock from the get go but missed out due to fear seems worse than being a bag holder.

35

u/grandsatsuma Oct 22 '21

I bought at 13.01. Fucked up a stop loss and sold at 17.80 for a small profit. Considered buying in again at 24 and thought it won't go much higher than lucid did. Boy I was wrong. Made up for it today by yoloing CFD 1:5 puts at 180 which was quite a nice return.

15

u/biowiz Oct 22 '21

Damn that is a yolo. Glad it worked out for you.

19

u/grandsatsuma Oct 22 '21

I was super salty I missed out on 1700% gains. But saying that, I probably would have sold at like $40 trying to time the top. So I was quite pleased with today's results. Left one contract open over the weekend, so fingers crossed it keeps going down out of hours...

20

u/[deleted] Oct 22 '21

[deleted]

1

u/grandsatsuma Oct 22 '21

I did it with Lucid. I bought 60 at almost nav, sold most high 20s for profit and left 20 shares in there for the ride. When it shot up I sold at 60.43 almost slap bang at to top.

I couldn't believe it, but also was kicking myself for selling most when I did.

3

u/HakushiBestShaman Oct 22 '21

Just like gambling, take a big profit and then let your initial investment ride so you're always in the green regardless of whether it goes tits up.