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GameStop, Stock, Wall Street, Hedge fund ME Puts Loss Porn feat. "Hedge Fund Manager", 500% BB Gains and More!

So you can learn from other traders, experiences first off you’ve user billa finley, who posted his creator of his portfolio decreasing in value by 96 percent in just the past day, costing him a 4 480 loss. This gut wrenching one day loss comes from a failed earnings yellow on wells fargo. The op poured his entire portfolio value into wells. Fargo calls right before they announced earnings results on january 15th. Unfortunately, earnings failed to meet analysts expectations and the stock immediately tanked. Eight percent wells fargo stock has been under pressure over the past five years, significantly underperforming its peers and the broader market. This was largely driven by their fake account scandal where they fraudulently opened fake accounts for their customers, charging excessive fees and unfairly tanking their credit scores. Once these scandals were exposed, the bank was forced to pay billions of dollars in legal settlements and suffered severe reputational harm, as consumers were now weary to patronize an institution with such a checkered history. More recently, the pandemic has forced wells fargo to take significant loan loss provisions as they anticipate higher delinquencies on their loans in the depressed economic environment. In the fourth quarter, results announced on the 15th wells missed earning estimates on both the top and bottom line, as their operations are still significantly impacted by the pandemic and associated recession. Furthermore, they are losing share in the mortgage lending business with new mortgage originations down 12 percent. This bad news caused the stock to plummet and the op’s calls to expire worthless.

Fellow wall street bets users advise against betting on value stocks like wells fargo for earnings plays. It is instead better to go for high growth, meme stocks, where earnings don’t really matter. Next up, we have user a band 9.. This wall street bets user made more than 20 thousand dollars on calls on tata motors, expiring friday january 22nd. Total motors is an indian automotive manufacturing company in mumbai, india and produces cars, trucks, vans, construction equipment and military vehicles. They were the first major indian car manufacturer and they were made famous by their tata nano, the world’s, cheapest car. They went public in the us in 2004 and actually bought jaguar land rover from ford in 2008, dipping into the higher end vehicle markets, since their ipo total stock is not done particularly well for investors. Despite a brief peak at 50, a share up fivefold from the ipo. They then tanked more than 90 to less than five dollars a share during the pandemic. However, it has benefited from the wide rally since the march lows, along with other stocks in the past month alone, is gained 58 percent. Compare that with the spy, which is only gained two and a half percent, or even tesla, which has only gained a measly 29.44. In the same time, user. A bound 9 was forsightful enough to go long tata motors on its pandemic weakness. They bought 100 contracts at 21, each for a total of 2100 of original cost basis.

After a 987 percent increase in options price, this trade is almost a ten bagger tata. Motor stock is still at about 17 and a half dollars far from the strike price of 25. However, there are still four days left until expiry, so it’s entirely possible that these calls could expire in the money. If it were up to me, i’d take the 10 bagger returns and run next off. We have user mlg ethereum, who posted a screenshot of his account taking 89 or 3 000 in pretty much a straight line over the past few weeks. As with most losses on wall street bets, the op made the fatal mistake of buying high and selling low at the peak he bought. Zoom 480 strike calls expiring on january 22, 2021. Unfortunately, right after he initiated the positions, zoom stock started tanking following news that the vaccines have been improved. Zoom has been a huge beneficiary of the pandemic, as companies and schools have been forced to use their platform to communicate as they work from home. This has led to a massive 600 percent gain since the beginning of 2020., unfortunately, for the op zoom peaked in october, and has since given back some of its gains falling more than 30 percent to its current price of 384 dollars. This resulted in a sharp decrease in value for his calls and he ended up selling for a loss having lost almost everything. This just goes to show it’s, not just enough to be right about an investment trend.

You also have to be early, or else you end up buying in at the top better luck on your future trades. Next off, we have an epic fail from a seeking alpha contributor brought to the attention of wall street bets by user ill nonchalant. The person in question is andrew shapiro, who recently suffered huge losses by selling naked calls on gamestop right before its massive short squeeze on january 13th. He sold calls with 20 strike prices which were at the money when he sold them. Gamestop shares are now worth 35 dollars. Almost double the strike price, while selling covered calls, is a low risk strategy, as the appreciation of the shares that you own will offset any losses you incur when the calls are executed. Andrew shapiro sold naked calls, so the potential for loss is unlimited. While we don’t know exactly how big his losses were, as he did not disclose how many contracts he sold. The position was likely quite significant, as he seemed to have much conviction in the trade. He said the recent price search in the stock was unjustified and he was taking advantage of the huge volatility premium by selling call options with close expiry dates. He thought there were no near term catalysts to push the stock higher over the next few days. While this may have been true, he failed to foresee the short squeeze which sent shares up 100, the very next day. This mistake likely incurred millions of dollars of losses for him and his investors.

This monumental failure is especially embarrassing as andrew is not just a wall street best degenerate. He instead proclaims to be an investment professional with 28 years of experience managing hedge funds, while many wall street bus users have made millions of dollars. Writing the epic ride of gamestop stock over the past week. This so called expert andrew shapiro suffered a possibly career, ending loss, just another win for wall street bets and another loss for wall street professionals. Next up we have robin head user, yuchi ha of the leaf69. This wall street bets user made a five bagger off. He is currently holding seven contracts of 15 strike calls expiring. On january 21st, 2022 blackberry has made a monster. 76 percent run over the past couple days, fueled by wall street bet’s yolowers and was up 12 on tuesday morning off the back of news that had settled with facebook. Over patent litigation, blackberry had sued facebook for infringing on blackberry’s intellectual property, with the facebook messenger app and over the weekend they settled. Although the settlement details were not released, it is seen as a major win for blackberry, which has been having trouble monetizing its patents. Needless to say, blackberry has overtaken the wall street best form, as many of its members have posted evidence of yellowing into the stock. This wall street best user, is just the latest to offer evidence of massive gains on the stock. After making a five bagger on this trade, the op asked the discussion section when to sell user.

The gee bear 97 points out that there’s still an entire year left until expiry, so he shouldn’t sell anytime. Soon, literally every single commenter says to practice the tried and true technique of diamond hands user illiterate thought that even asking about when to sell was a typo. While amr gunner 1 suggests not to sell until a stock doubles another 3 times, the cruster just tells the op not to do it. It’S clear that wall street best has no tolerance for posts that glorify paper hands. Speaking of zero tolerance for rainbow bears let’s round it out with a gain from user 24. 769 420.. This user took the astonishing move of quote inversing wall street bets after seeing gamestop’s massive rally. Last week he bought four contracts of 44 strike puts expiring in one month. Although gamestop has moon minting trillions of new wall street vets millionaires, there was a brief time when the bears could have made money, and this is what this daredevil did. However, even he knew not to spend too much time in the danger zone and sold out of the position on the same day right before the bulls took control. Again, this type of arrogance from a gamestop bear is sure to be expected, but when it happens, it is not taken lightly. User, desperate salad exposes him for only making a 700 to 4 600 reward to risk ratio risking 4 600 on option premiums to make only a 15 gain user hype.

Train 87 points out that the trump bucks paid out more than this trade, based on the likes to dislike ratio of the op’s responses. To these comments, i think we can all learn that taking a bearish bet on the wall street bets meme stocks is akin to ostracizing yourself from the community forever rest in peace. 24. 7. 69. 420. All right guys that wraps it up for this video, if you like the content don’t forget to like and hit the subscribe button, also make sure to check us out on tick tock in the meantime. Thank you.

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GameStop, Stock, Wall Street, Hedge fund ME | Wallstreet Bets Gamestop Stock Short Squeeze