Ok - $200 guarantee from this guy. It’s safe to go all in on margin here.
Nice win man. You should take some money off the table before it tanks and you sell near the bottom around $25
Not sure how a stock that doesn’t make any money and can’t concretely tell you when they will is worth $200b.
Stay level headed cool cat. Stay golden.
>2 yrs ago
That's your problem?
Anyone with any exp with options/investing/trading or those in r/thetagang would tell you that "the further out something is, the harder it is to predict". That's why you don't go ultra long on options unless you're fucking sure of it. How would you know that Feds would cut so much, AI would go nuclear, Biden wouldn't run, Trump would become president, liberation day would happen, and/or that corruption/grift would be the new cool kids thing? Answer is you can't.
Then there's the being 🌈🐻thing. That's always a tough game to play even for the best of hedgies/traders. Markets are LITERALLY getting rigged by everyone in the American economy for it to go up: CEOs, analysts, bankers, JPow & the Fed, the president, the congress, the judges, the SEC, the states, the governors, the ethics review boards, city DAs, the janitors, ICE agents, illegals chilling outside home depot, Santa Claus (with his rally), Blackrock/Vanguard/Statestreet, private equity, public equity, your mom, me when I'm with your mom, dogs who destory their chew toys, fat cats who gaslight their owners into believing they forgot to feed their cat to get a 2nd helping, etcetcetc. I clearly knew MSTR was an over-valued leveraged con within a leveraged con and thought about buying puts on it this whole year (maybe just to have some insurance in case we got a correction/crash/recession since it was the most overpriced piece of trash in a sea of overpriced assets) but reminded myself the trade off usually isn't worth it. I was right about MSTR, but I'm also not upset for missing out on the trade because my bullish ones worked out just fine.
Lastly, you fucked up trying to express that position with calls (hope you had them covered). No pre-defined losses is bad news. I would have gone with selling many short term far OTM puts to pay for longer further out puts. Or maybe just buy puts when I felt it went up too much.
TL;DR I'm pretty certain you didn't ask and probably wouldn't have listened to anyone back then. Just like how you won't listen to me now.
My analyst told me to short lly.
She is not getting any cat treats until the new year. She's going to have to go outside and hunt birds and mice if she wants any treats.
For more information scroll through my post I only have like 10 it’s 1 year ago CLF read quarterly reports for the time and compare to what I said he’s a suck up CEO but 🥭 will bail him out again like he did 2016-2020.
That is a cop out, and smacks of virtue signaling.
LG has taken a small out of favor mining company on the verge of bankruptcy, and has purchased his largest customers to become the largest HRC producing steel company in North America.
If LG wouldn't be your top pick, then you must have a couple of alternatives at your fingertips - no?
If you do not have confidence in the management team, and do not see the strategy behind their recent purchase of Stelco, then I just do not see how you can be bullish.
Betting on the macros, as you profess, is not a bad justification for buying/owning CLF at this time. Digging into the micos however, one can find reasons to "invest" and not just trade on the headlines.