Investing General Discussion

AAPL been in beast-mode the last couple of days.

Fogel said:

No, PLTR will go back up. Trust the plan!

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As long as it stays below $35 on 12/18 I am with the plan

I closed out my PSTH January puts. They were tying up too much cash that far out so I took my 35 cents profit and have cash to put to work again.

Jesus christ this world is fucking retarded beyond belief. Fuck every last single fucking retarded fucking cucked liberal.

Isnt it funny how saying "if it doesnt have only white people" its racist but saying "it must have black/brown/female/alphabet people" isnt racist.

God I love time decay. PLTR $18 puts lost 42% of their value today even though PLTR stock dropped 5.3%.

Combined in all my accounts I was up 21.6% in the month of November. That is just mind numbing.

edit: Thanks be to God for PLTR.

Some basics to look at on the charts. PLTR is tough because it doesnt have a history and it went parabolic. In this case I just cranked down the DMA to the 10 and the 20. If you look at the chart, I see a level floor around 14-ish and 18-ish. These are the strikes I wrote my puts. The 20DMA is at $18.26 and the 10 DMA is at $22.72. Because of the rapid up and down the only real support is going to be at the 10 DMA, so a drop down to that level wont surprise me. if it breaks there, then its a fall down to the 20 DMA and that floor at $18. if it crashed that then its the $14 floor. Notice also it has a ceiling of resistance now at $27.11. it has to test and beat that before we see a consolidated move upward.

This is all still guess work, but its guesswork based on data. When you are looking at stocks, this type of chart work can really help give you an educated guess on what price points to pick.

Pre-market is a bloodbath for some stocks popular with the WSB crowd. Don't look if you have a weak stomach. You have been warned.

ps.. You might want to look at those support levels I marked on the PLTR chart above.

Reversion to the mean.

On the brightside I had closed out a couple of puts yesterday so I have capital to put to work with today

I wonder if we will ever go back to the days when a stock moving 2 or 3 percent in a day was considered extraordinary?

PLTR is -14% in the premarket. And I am still up like 120%.

LachiusTZ said:

Ugh, bail now with my short term, or ride it out...

Gonna hurt and I always fucking miss the timings

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If you forget the hype and FOMO, PLTR is probably fairly priced in the $14-$18 range. At least until we see the next earnings report. The contact tracing contracts could provide a big boost. What is your cost basis on your shares?