That's a fair point. I should have included that. Also, SATS (Echostar) holds very large majority of their value in SpaceX stock after trading spectrum for stock/cash. They've been going up fairly consistently since the news stories came out of the valuation and IPO.

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For tesla bad earning report was a sign for buying the tesla dip. I was stupid and bought puts. I forgot two negative turn into a positive. Negative earning report + stocks crashing = all time high. I forgot this valuable trading strategy only hedge funds use

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I did a 5:05 mile in high school and couldn’t make varsity😭 I was doing 8 miles a day and 12 on the weekends. Some kids are built different I guess. Id gas out constantly after mile two of 5:20 pace

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Kinda thinking the opposite. Real estate might tank a bit more. Especially if jobs data keeps taking a dump. That shit is due for a correction more than equities. Insane o prices.

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Does anyone want to sell me some APLD calls for a huge discount of this time last week??

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It was not a good choice for a multiple reasons lol

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There's a few funds you can invest in that have SpaceX holdings. Stack Capital apparently has like (edit: 16% now) of their holdings in SpaceX and their stock trades around $15 CAD on the TSX. I'm gonna buy some of that until the IPO I think.

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Thinking this company will turn around instantly because of a simple CEO firing is max regardation. This isn’t some SaaS turn around story. The main layoffs are related to dismantling its centralized call centers in favor of decentralized e offices within the stores itself. While this solves big customer experience pains, this doesn’t make them a winning business. The company is still trapped in legacy software they’ve been trying to replace for almost a decade. This makes them slow to adapt and test consumer trends that allow rivals like carvana to run circles around them digitally. The company has no clear strategy. Are they led by store sales, are they digital leaders to compete online, do their call centers drive sales? Who the fuck knows. Bill Nash certainty had no clue so he picked all 3 and made CarMax extremely average at each. Imagine your wife, your ex-wife, and your future ex-wife are all at the same bar and you decide, “Yeah, I can handle all three.” You can’t. You strike out, Uber home alone, and end the night with diamond hands and zero action. That’s CarMax right now. And that’s about to be you with this shit purchase.

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The only saving grace of today is that my AVGO calls don't expire until Friday, so I'll either maybe get lucky the next few days or just watch my money slowly disintegrate. Still can't believe a company with a trillion dollar market cap can rock earnings, give great guidance, and then watch 15-16% of its market cap evaporate in two days.

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