$30,000 Millionaire said:
Lots of folks on this board are sad today for bailing on clov early unfortunately.
I am very sad... I went all in back in February and margined up for this exact run. Had to sell at $9 as it looked to be heading to $5 where I would have been margin called (I had 60k shares). I bought in my retirement that day to ignore the short term noise and sold calls on it every month making good premium.
I bought 6k shares at $9 and sold the $13 calls for next Friday when it was running last week... Those calls are down 20,000% as of now. I feel sick to my stomach but very happy for this board today.
Lesson learned is:
1) Don't over margin
2) Stick to stocks you believe in even when they fall hard
3) Never second guess OldArmy (probably should be number 1 lol)
I believe in WWR and have over extended myself on this but am not margined up. I have stopped selling calls on this just waiting for a rocket up the behind.