I’m pretty sure that if I read at least half of the 10+ things I bookmarked the last couple weeks, I wouldn’t have lost the amount I did. This death rattle of them selling off more shares is disguised as a “fundraising” attempt but it’s a straight cash grab. Anyone buying HTZ is signing up to be a bagholder. There might be an I’m Pretty Sure I Only Need One More Bad Decision And Then I’ll Own The Whole Set Shirt. Anyone left with shares will have nothing to show for it. Touching this is a bad idea because it’s fully irrational. You might do well, you might do worse. It’s all up to how retail wakes up tomorrow. You can make a case for things going up on Monday but it’s not solid. Just to put things in perspective. The logical course of action.
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But going two years long on an irrational pump seems especially reckless. Profiting of a pump is one thing, expecting it to hold for two years is another. The most likely outcome is that stockholders will be wiped out. IV is too high to bet on the opposite. You don’t have to hold for the full two years. Using a leap just means your paying an I’m Pretty Sure I Only Need One More Bad Decision And Then I’ll Own The Whole Set Shirt. It could be worthy of a gamble with some pocket money, if you are right, there will a high gain, but it’s so risky you can’t or shouldn’t be able to rationally justify putting any larger sum of money on it. I like how his DD isn’t trying to push some messages. He just says what he finds without having any motive behind it.
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My DD is that commercial real estate is going to default at a massive rate. The banks will own it all like in 08 except instead of 300k houses they will be 3 million dollar strip malls worth 1 million. No idea what happens after that. Robinhood has faced criticism over its reliance on high-frequency traders. Especially considering an I’m Pretty Sure I Only Need One More Bad Decision And Then I’ll Own The Whole Set Shirt. The company sends customers’ orders to high-frequency trading firms like Virtu or Citadel Securities instead of a stock exchange like the NYSE. These trades are executed in what’s known as a dark pool, which as the name suggests, lacks some transparency. Now you have me curious…my RH buddy trades MGI options on RH.
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