Board 8 > Stock Topic 33

(+) Yeah! (+)

Moonroof posted...

Nice man, happy for you.

Im currently totally liquid. Been so busy with work that I havent had time to make moves. Probably wont until later this week too unfortunately.

This is why I'm getting more into M1 Finance than anything, just dropping cash to put into ETFs and such.

That said, I'm still highly liquid, both because I'm too chicken to throw tens of thousands at once into the market and because my goal is to buy real estate and I want down payment money available.

I wish I dropped 10k into SOFI instead of $2500, but I'm not going to complain about these returns. Wow, I'm so glad I held.

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$175 cloudflare dafuq

I keep thinking I should cash out before this thing tanks, and it did tank a bit, but it just keeps going up. it's gotta crash after earnings like you said right Menji????

whats the deal with this BBIG. it sounds like you believe it somehow has both meme potential and good long term fundamentals? It's doubled recently which feels like its gonna be like all the other Board 8 meme stocks that I buy into and crash in the next week or two

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Brief reasons I'm for BBIG

1. Squeeze - Lots of reasons for this to happen.

Dividend is coming soon, in the form of spinoff Tyde shares. These are notoriously strong in forcing shorts to cover. Especially if the dividend is cryptocurrency directly-- google the Overstock squeeze
Book value of companies is apparently well below current market cap (people are saying $5b-- which would be a 5x gain in value)
Huge short interest and cost to borrow, you can't even short it at all on a lot of brokers
A ton of calls were in the money on Friday so gamma squeeze by Wednesday (when the call shares need to be delivered) seems likely
Suspicious price movement + huge volume
I BELIEVE if it pushes above 1b market cap it can show up on WSB and I think BBIG is a cute enough ticker name to get some good hype there (it's already kinda getting hype from Stocktwits)

2. Legit stock - They've kinda got a hodgepodge of things going on (the company is like Berkshire but without the underlying acquisitions being properties you've heard of) but their big moneymaker other than the CryptTyde shares (not exactly sure what Tyde is just that it is cryptocurrency related) is LoMo (lomotif, check the Google play store) which is positioning itself as a major player in the social media space in the same vein as Tiktok

I'm personally not really a long believer though. Like if it gets to $40 like people are saying I'm mostly out even if there is growth potential beyond that. I'll be more than happy with like 200k even if it could grow to a million. Very low downside though at these prices imo.

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Whoops there's the pop sorry I took too long lol

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I mean still a ton of upside but it's nice to buy before a vertical line lol

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My bboner just got BBIG

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Btw when it was barcoding this morning I loaded up 5 $8.5 EOW calls and 5 $13 EOW calls which should give you an idea of my immediate confidence (I dont really expect it to get $13 with absolute certainty but I couldn't afford a 6th $8.5 and if it goes above $13 that'll be pretty funny)

I do expect an easy $10 though which would give the $8.5s 50% gains

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SOFI warrants are doing great.

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Okay it's dipped most of the way back down from the straight line up, another buying opportunity if on the fence here.

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well like always i buy board 8 meme stocks without the slightest bit of due diligence so i was already in lets go to the moon boys

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I put $50k into BBIG and also MICT. Is FAMI still viable?

This one doesn't require a ton of discipline luckily. If you don't see any action by Thursday you have my blessing to get out.

We should have the story on what exactly the dividend is (ratio of Tyde shares per Bbig is currently unknown) today, but it could be delayed to Wednesday plausibly
We should have gamma by Wednesday
Wednesday is the day you need to buy the stock to receive dividend (dividend date is Friday, but it needs to settle)

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Moonroof posted...

I put $50k into BBIG and also MICT. Is FAMI still viable?

I still have 10000 shares. I do think it runs to $1 before Nov 30th because company is profitable and growing and probably wants to remain listed but it's a penny stock so who knows.

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Okay, so get out of BBIG on Thursday.
MICT is a stock my reliable friend mentioned to hold long.
FAMI is a gamble.

Well I wouldn't necessarily get out on Thursday but if you wanna settle for small gains yes it seems very safe to go up 20%+ by then (and if it hasn't gone up by at least that something probably went wrong somewhere)

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LOL MICT just plummeted 2% the second after I put money into it.

With that market cap it's absolutely someone screwing with you

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Watch me hold.

Btw while I call Fami a bit of a risk I'm not sure this mict thing is much better. You better be prepared for it to go to $1 or lower-- like actually be long with it. Because it feels like a highly manipulated small cap stock where the price is basically meaningless

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MICT is strictly because my friend recommended it. His advice has yet to be wrong. He was the one who got me on BTC.

Nice day for the wallet

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Wow net though

Wish I put a bit into it during the tech pull back. Insane

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Damn good day to own SOFI and ACI. Very happy with both today. AMC too.

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CoolCly posted...

$175 cloudflare dafuq

I keep thinking I should cash out before this thing tanks, and it did tank a bit, but it just keeps going up. it's gotta crash after earnings like you said right Menji????

Honestly I don't know. That was my first thought at 140 but this run makes it seem like there's some big news coming at earnings.

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oh ya DNN patience paying off

I added to my DNN position since it was all the rage to talk about sitting on 2200 shares (most in the form of $0.5/$1cs that expire in 2023/2024)

Still holding it long though. Think it could hit $10+ in a few years

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I finally own "Bitcoin"

BITO long let's go

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Bbig more like BSmall

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Averaged down my end of week calls. 10 8.5s and 20 13s now

Digging a further hole or making a play of the century we will see

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bbuy The ddip

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Ugh

BBleeding

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They're trying to shake you out.

Don't get shook out Moonroof.

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When do I bbuy the dip?

Disclosure: own 3 shares

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Gonna yolo 2 8.5c weeklies

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greengravy294 posted...

When do I bbuy the dip?

Disclosure: own 3 shares

I bought at 7.51 and 7.58 this morning. Help me out my spacesuit on

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BBackFromTheDead

(I have two $6 call options that expire this week, so I'm in for like $500. So don't take this as a ringing endorsement to dump money into it)

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Theyre testing me

My target is 10.25, that's when my next big IRL is free

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I have EOW THIRTEEN DOLLAR calls

Trust. This one is gonna pop hhuge

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I thought you guys were talking about Blackberry and indeed they are up 10% in the last hour or so.

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we are talking about BBIG and 100% I don't know what they do

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Wishing I bought WISH today

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I bought 1 $7 Apr 2022 call on WISH when I heard Blackberry mentioned. Got ahead of thr vertical line but shame I didn't have more money to stack em

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Moonroof I told you to hold man

Imagine if Moonroof held NET ever since he failed to predict their earnings like half a year ago

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damn it should have sold SOFI yesterday whoops

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Nanis23 posted...

Imagine if Moonroof held NET ever since he failed to predict their earnings like half a year ago

I think I had $100k. But it would be a net loss compared to what DISCB got me.

Actually I cant remember what I bought it at or how much. But yeah, it has been crazy good.

BBIG down 22% AH. Never listening to Lopen again.