Investing General Discussion
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Sanrith Descartes
Von Clippowicz
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I was coming to post this. Company owned by CEO (not Trit) getting sued in Singapore. Details in the filing. Read here.
Edit - I have 10 strike puts expiring tomorrow. I sort of hope they get exercised.
TheBeagle
JunkiesNetwork Donor
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Not gonna shit up this thread any longer but anyone that has spent the past four years decrying how absolutely corrupt the federal government is, wants most federal bureaus abolished, thinks we should pay less in taxes, compares the Feds to the mafia, and literally wants to hug them all turns around and advocates ratting on your friends to that same federal government. Well, that man is an inconsistent, ignorant fool that is so wrapped up in his own self-righteousness and indignation that he has no idea wtf he's even talking about.
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LachiusTZ
Rogue Deathwalker Box
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Not gonna shit up this thread any longer but anyone that has spent the past four years decrying how absolutely corrupt the federal government is, wants most federal bureaus abolished, thinks we should pay less in taxes, compares the Feds to the mafia, and literally wants to hug them all turns around and advocates ratting on your friends to that same federal government. Well, that man is an inconsistent, ignorant fool that is so wrapped up in his own self-righteousness and indignation that he has no idea wtf he's even talking about.
Not going to shit up thread, immediately posts paragraph. Lol.
The govt sure as fuck looks corrupt in 2020, does that excuse stealing for HALF A CENTURY?
Is theft morally acceptable now? That's your position?
The FBI and DoJ at this point need to be burned down. Sure. ATF and DEA, sure. Most of the agencies have some basic utility in a reasonable society.
Wanting treason punished is out of bounds and justifies tax evasion?
And there is always the difference between tax avoidance, which everyone should do and is legal, versus tax evasion which is illegal and if what those people are doing.
Like I said, your name is synonymous with cuck, nobody should be surprised you like being ass fucked.
Bring it to the politics thread if you want more.
Fogel
Mr. Poopybutthole
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And now HCAC down $1.44 pre-market. 
Edit: quickly back up.
www.google.com
I just bought another $1000 of it at $19.36 a share. Let’s goooo Canoo. Figures it drops $1.40 about two minutes after.
Edit: quickly back up.
When Its Merger With EV Maker Canoo Closes, HCAC Will Fly
Hennessy Capital SPAC will fly when it merges with Canoo. HCAC stock is worth 60% more, based on its own revenue and value projections.
www.google.com
I just bought another $1000 of it at $19.36 a share. Let’s goooo Canoo. Figures it drops $1.40 about two minutes after.
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Sanrith Descartes
Von Clippowicz
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More reading indicates a big customer is being sued for non-payment and might go bankrupt. The customer processes less than 10% of the total traffic on the TRIT. So a big deal from a revenue perspective, but not a direct TRIT issue beyond that. Looks like 7 straight minutes of buying so we may have a floor forming.
ps.. anyone selling at sub-9.50 is selling at a loss so this is panic selling at this point. The pre-merger low was about 9.50.
LachiusTZ
Rogue Deathwalker Box
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Sanrith Descartes
Von Clippowicz
- 41,536
- 107,628
Sanrith Descartes
Von Clippowicz
- 41,536
- 107,628
Funny how much a nickle is worth. I didnt close out my $10 puts because a nickle was 20% of my profit and the stock was at $13. Chuckle.
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Sanrith Descartes
Von Clippowicz
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TRIT
This article lays it out.
amp.benzinga.com
This article lays it out.
Why Tritterras Is Plummeting - Benzinga
Shares of fintech company Triterras Inc (NASDAQ: TRIT) were trading lower by more than 30% Thursday morning after confirming it informed a statutory demand for payment was made to Antanium Resources in Singapore.
amp.benzinga.com
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Sanrith Descartes
Von Clippowicz
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My only issue with the puts for tomorrow is taking on too many shares. I like to spread out my risk. Im gonna play it out for today/tomorrow and decide on it. I have $12.50 Jan puts I have time to wait on. I can factor a revenue issue. I wouldn't hang around if the legal issue was involving TRIT directly.
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I could not help myself and doubled my trit position when it hit 8. In other news, the first puts I’ve ever bought , lazr, expire tomorrow and are currently hovering on the line of being profitable. I’ve read earlier in this thread most of you never like to let your options go to the last minute, I got to decide what to do with these puts soon I guess. Lazr plz die more.
Sanrith Descartes
Von Clippowicz
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For a perfect, real-life example of why I "almost" never let my options expire worthless... see TRIT. My premium when I sold them was 25 cents and I refused to spend the 5 cents to close them out. And today... TRIT - 36% and in the money. Ha-fucking-ha on me. Or in other words...
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Fogel
Mr. Poopybutthole
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For a perfect, real-life example of why I "almost" never let my options expire worthless... see TRIT. My premium when I sold them was 25 cents and I refused to spend the 5 cents to close them out. And today... TRIT - 36% and in the money. Ha-fucking-ha on me. Or in other words...
Quoting you from earlier "I never let my puts expire to avoid a black swan event"
Sanrith Descartes
Von Clippowicz
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If I can make a suggestion... When discussing specific positions (like stock or options) and asking for advice please try to provide specifics like strike/premium/expiry or cost basis. It would help give a better reply.
Sanrith Descartes
Von Clippowicz
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Except when I am saving my damned nickle. lolQuoting you from earlier "I never let my puts expire to avoid a black swan event"