Now I become a generational bag holder.
Diamonds hands yall say.

Here’s one that’s hard to beat.

Bought $75,000 worth of a penny stock called LiquidMetal (LQMT) in 2011 for an average cost of $0.29 instead of buying Google…

Held onto it for 14 years praying it would go up one day, but decided to sell it on Thursday for $0.04 a share and a loss of $65,000.

The next day after I sold it my prayers get answered and news breaks out that it’s going to be used in Apple’s flip phone and get a potential contract worth $2 billion a year and it immediately starts skyrocketing and is now sitting at double in value.

Don’t even know what to say anymore…

When I buy options I normally buy in batches of 5 or 8. 8 if I'm confident 5 if I'm not. Well guess I put the 5 after the 8 instead of replacing it. By the time I noticed I was 50% down. I panicked and all my trading rules went out the window. From there I panic held til they were worthless. Enjoy my pure refined retardium. I won't cry in the casino but I will into my pillow tonight.

Dollar cost averaging into SPCX on the way down. Every red candle, another add. Dizzy watching it fall but the thesis hasn't changed, so the buying hasn't stopped either.

Ngl the pain is real. Checked the charts on moo moo and the dip just keeps dipping. But the logic is simple: if you believed the story going up, why panic out going down?

"Keep falling keep adding" is either the most disciplined thing you can do or a beautiful way to blow up a port. Depends who you ask.

Anyone else sitting in SPCX right now averaging down, or am I the only one doing this to myself?

What do I do fellas? Kinda depressed now

Do I switch to calls or hang up the towel?

AMA

$10M loss on QQQ puts - $3M gain on low float Nasdaq/Nyse sub $5 stocks.