One of those companies where losses increase with revenue.... this one might not pan out because the market is so pumptarded, but the chart pattern is the same las last quarter.
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Down 10% AH
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Conference call must've been realgud, down $8 now.
This one's gonna pay for my DDOG mistake and net a profit.
This one's gonna pay for my DDOG mistake and net a profit.
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BTW, if you noticed the stocks I pick to short, they're stocks that missed last quarter and melted up to cover the gap. These companies will tank every earnings until they fix their business model (or when they quit pumping the damn stock).
If you noticed this pattern with any stock, PLEASE LET ME KNOW. Also the reverse is true, there are companies that pop and drop every earnings, like AMKR or PLUS.
If you noticed this pattern with any stock, PLEASE LET ME KNOW. Also the reverse is true, there are companies that pop and drop every earnings, like AMKR or PLUS.
Trade closed manually:
Huge win, sold teh puts for $10, $2 cost basis, you do the math.
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Wow, I guess there was another buck in there for me if I had been patient. Didn't want to get too greedy. Wish I had bought some $40 puts on this as well. Oh well.
A win is a win, Imma gonna leave it at that.
A win is a win, Imma gonna leave it at that.
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I only see 5 likes (wait what? Only 5?), but this was the biggest dropper of the week.
Congrats to anyone who bought puts with me.
Congrats to anyone who bought puts with me.