Memory & semi $SMH $DRAM $MU $AVGO $SOXX $AMAT $ASML are not independent of macroeconomics & inflation.
High capex semi have less margin, when inflation cost high for parts and labor and commodities chemicals.
Semi moves like Taj Casino, eventually Taj went bankrupt.
Those days media hype, not Tweets.
You can fact check.
Dude fuck this stupid fucking market dude. AMZN at an average cost of 270. And there's always some fuck fuck shit that goes down to make sure the market never fucking recovers. I'm so fucking deep in the goddamn red dude. FUCK MY GODDAMN LIFE.
I am up over 49.55% on a $160 cost basis, so your math on underperforming is already cooked. Beyond that, using trailing P/E to value a publisher at the absolute nadir of a decade long development cycle proves you do not understand how the gaming sector works. Wall Street is not buying past GAAP losses, they are pricing in the $8.0 to $8.2 billion FY2027 forward bookings guidance from the upcoming GTA VI launch. If that massive multiyear cash flow was already fully priced in, the stock would not have just popped 5% on a simple pre-order date announcement. The market is consistently bad at modeling non-linear, explosive growth, and a $45B market cap for a portfolio that owns GTA, Red Dead, NBA 2K, and Zynga is a discount compared to recent industry M&A.
Edit: percentage amount.
Fair enough, I'm curious what your cost average and strike price is? When did you purchase?
Your expiry seems like it is far outcast then since you talk about the release catalyst too.
The casino might honestly favor you if you have call expiring in a few months. I'd hold those for sure, but I'm also generally bullish.
Or rather look for bullish plays.