Sorry for being radio silent but I just returned from my re-education camp. This week was brutal and freaking SUCKED! I thought we might have a pullback but wasn't expecting to be fed into the wood chipper feet first. I followed the thread, just couldn't comment.
This week F'ed up my timeline but I'm still in my FSLY shares and after this flush I still expect 25-30% ROI after the selling pressure dissipates in the next few weeks. I didn't sell and Powell didn't say anything to spook the markets like it did. I agree with 30K that today looked like all computer algo selling. We weather the storm, you'll make money, don't give into emotion.
Since I couldn't post, I kept my ADD ass occupied and I found something that really interests me, provided the world doesn't collapse. The March 2023 10c,12.5c and 15c are not expensive and the potential ROI is worth the risk for me. Let's take the 12.5c, They're trading at $1.30 on the ask. 10 contracts will cost $1,300 but control a 1000 shares. I believe it has the potential to fill or be in that huge gap between $20-30 by next March. Y'all can do the math. I bought some today at the close. Hell I risked more in Vegas 2 weeks ago with nowhere near the same odds.
Everyone knows I hate recommending options but I like the potential and worth the risk for me in these. I'll still trade my shares for 25-30% but I've parked options for what may be a huge payoff. This will be a boring trade that doesn't do **** until it does so consider it parked money if you follow.
Missed participating with you guys and glad to be back.