4 ms·

I'm up 180% over the year. Peanuts compared to the WSB people, but I got there with my own intuition. I'm looking into food and entertainment for my next picks.

I'm up 180% over the year. Peanuts compared to the WSB people, but I got there with my own intuition. I'm looking into food and entertainment for my next picks. I think the populace will need them over the next year before a general return to the before times mid 2022. We'll see.

neuronic 6y ago
> general return to the before times mid 2022 But will this happen? Massive inflation post-Covid isn't really that far fetched. I think there will be no return to the beforeworld.
- Mobleysoft 6y ago
  Every action has an equal and opposite reaction. While the Covid deaths have been incredibly tragic, the 330 of 333 million Americans that survive, and that's assuming the virus and it's variants take 2.5 million more lives before its done with us, will be eager for a return to normalcy, if not outright partying like it's 1999. The play I tried to make last night and wasn't able to get filled today, Bloomin Brands, owner of Outback Steakhouse and other mainstream restaurants that can survive this down turn no matter how long it lasts, is up 1400% since I under bid on that strike and expiry date at 2am this morning. I'm not saying your prediction is guaranteed wrong, but I'm willing to bet against it, and 86% of my call picks are green at the moment, whatever the probability of that might be. The only one that isn't, China Unicom (CHU), essentially got delisted by executive order because the last administration didn't want Americans being able to invest in firms with ties to China's military, such as the largest provider of cell phone service for 1.4 billion people. The pandemic has been an incredible tragedy for so many human beings. I'm trying to position myself to be able to do something about it when the next one comes, which it inevitably will, as the universe trends towards entropy. But I won't be able to do it without capital, so it's worth the risk. Worst case scenario, I'm still a one man consulting shop serving the firms that keep the water running. Barring that, I guess we're hunting and gathering again, and I'm pretty good with a bow. Hopefully it doesn't come to that, and we can all look back at these present days like one of many possible filters we managed to survive on our way to colonizing the stars. That's the future I'd rather plan for, anyway. Albeit while hedging my bets.
TurkishPoptart 6y ago
Is it worthwhile to buy long-term calls and puts then? Like 6-9 months out?
- Mobleysoft 6y ago
  LEAPS(Long Term Equity Anticipation Securities) calls, 1-2 years out in something too important to fail at a current all time low that the big shorters are ganged-up against is the value bet to look for. My 1/20/23 $3 AMC LEAPS calls that I've been accumulating since the pandemic struck long before wall street bets took notice are up 227% today as of 10 seconds ago for the day, and 822% overall. Granted, I'm benefiting from the commotion going on, but I'm holding until the end, because I believe in the long term fundamentals of AMC and hope to be positioned to exercise rather than sell by the time expiry arrives. (Edit: wording.)

neuronic 6y ago

> general return to the before times mid 2022 But will this happen? Massive inflation post-Covid isn't really that far fetched. I think there will be no return to the beforeworld.

Mobleysoft 6y ago
Every action has an equal and opposite reaction. While the Covid deaths have been incredibly tragic, the 330 of 333 million Americans that survive, and that's assuming the virus and it's variants take 2.5 million more lives before its done with us, will be eager for a return to normalcy, if not outright partying like it's 1999. The play I tried to make last night and wasn't able to get filled today, Bloomin Brands, owner of Outback Steakhouse and other mainstream restaurants that can survive this down turn no matter how long it lasts, is up 1400% since I under bid on that strike and expiry date at 2am this morning. I'm not saying your prediction is guaranteed wrong, but I'm willing to bet against it, and 86% of my call picks are green at the moment, whatever the probability of that might be. The only one that isn't, China Unicom (CHU), essentially got delisted by executive order because the last administration didn't want Americans being able to invest in firms with ties to China's military, such as the largest provider of cell phone service for 1.4 billion people. The pandemic has been an incredible tragedy for so many human beings. I'm trying to position myself to be able to do something about it when the next one comes, which it inevitably will, as the universe trends towards entropy. But I won't be able to do it without capital, so it's worth the risk. Worst case scenario, I'm still a one man consulting shop serving the firms that keep the water running. Barring that, I guess we're hunting and gathering again, and I'm pretty good with a bow. Hopefully it doesn't come to that, and we can all look back at these present days like one of many possible filters we managed to survive on our way to colonizing the stars. That's the future I'd rather plan for, anyway. Albeit while hedging my bets.

TurkishPoptart 6y ago

Is it worthwhile to buy long-term calls and puts then? Like 6-9 months out?

Mobleysoft 6y ago
LEAPS(Long Term Equity Anticipation Securities) calls, 1-2 years out in something too important to fail at a current all time low that the big shorters are ganged-up against is the value bet to look for. My 1/20/23 $3 AMC LEAPS calls that I've been accumulating since the pandemic struck long before wall street bets took notice are up 227% today as of 10 seconds ago for the day, and 822% overall. Granted, I'm benefiting from the commotion going on, but I'm holding until the end, because I believe in the long term fundamentals of AMC and hope to be positioned to exercise rather than sell by the time expiry arrives. (Edit: wording.)