Supposedly valuation was much higher than what was expected, which slashed price forecasts. I'm glad I sold at $54 right after the pop, but I would like buy back in when the price stabilizes a bit.Bought 500 shares of CCIV at $38.20. Merger detail news with Lucid is out, and people are selling on the news. I think the selling is overdone and the stock will bounce back in couple of weeks. But I'm respecting the price action and cautious it could drop further. I plan to add more shares if it falls. It hit the low of $33.53 at around 5 am this morning. I was up at around 4 am and fell back asleep around 4:30 am and CCIV was around $37 then. So I paid up little since then but it's no big deal in the big picture.
I looked through Lucid Investor Deck slides.Supposedly valuation was much higher than what was expected, which slashed price forecasts. I'm glad I sold at $54 right after the pop, but I would like buy back in when the price stabilizes a bit.
Nothing lasts forever!Free money over.
I ocudn't get anyone to bite on anything either but I wasn't trying that hard. I was mostly scurrying around trying to avoid potential problems. It cost me almost 15 fricking grand to buy back my FUBO 30 puts. I'm not taking on $60,000 worth of FUBO right now. No way.It's interesting how the longer term options ignore these movements. I was trying to get some good deals on selling some OTM puts this morning with no bidders.
Yup, Tilray cost me $1600.ooooffff. im getting beaten down today. tilray... damn. i was in at 22. took out my principal over 50 luckily, so all my shares are basically free at this point. same with OGI, was in at 1.80 so still doing well. wondering if i should lower my next buy in for apha below 15.... ?
Lots of comparisons have been drawn between The Roaring 2020s and the Year 2000 crash.Some airline stocks going up lol. United, Southwest.
Zebra and Ulta, which had piqued my interest and I have a mere handful of shares, also weathering the storm.