$Adobe (ADBE.US)$ good God the more the CEO speaks on CNBC l...
$Adobe (ADBE.US)$ good God the more the CEO speaks on CNBC live the further the stock falls he just stripped away another $6 in two and a half minutes of talking he should shut the fuck up while he's ahead.
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Tom 07 : Did they miss ?
10baggerbamm OP Tom 07 : guidance is where they're on the short side, massive amounts of capX.
70930644 : Just use double diagnol spread to profit from volatiliby crash.
10baggerbamm OP 70930644 : I own it I traded it twice earlier this year and I left the profits in the company so it's not like it's a upsetting earnings release for me it just is pretty much flat I would have done better if I would have taken the money out and put it into a money market account at this point. but I'll just let it ride because it's the House's chips so we'll see if they can pull a rabbit out of the hat sometime next year to send the stock over 600
70930644 10baggerbamm OP : I have more faith in the likes of HIMS and FTNT. Dumped my leaps in HIMS and went to bed. Looking for a good point of entry into FTNT. I remember we talked about OKLO. This is probably the only relatively uncertain bet in my hand.
If I were you I'd just quit ADBE. But diff ppl have diff style so I understand if you wanna hold on. I'm curious how my diagnol spread would work for ADBE in the paper trade. I did a similar strategy with MDB, paid off well.
10baggerbamm OP 70930644 : I totally get what you're saying and you're probably right about Adobe but it's pure profits and I've done this my whole life I left profits in companies. I have a certificate hanging on the wall in my office it's a whopping 19 shares of Apple so you say big deal 19 shares right so what it goes back to the early 1990s. you can use perplexity to figure out what 19 shares of Apple is worth at current market value today and go back to 1991.
70930644 10baggerbamm OP : If it's pure profit then it's a totally diff story. Holding on 19 shares of AAPL from the 90s is really amazing. Very respectable patience.
10baggerbamm OP 70930644 : if you go back and do a search you will see I've said at this point probably hundreds of times if you own this company and you're trading it leave the profits in the stock because they might turn out to be an 800 lb gorilla in 5 years 10 years you don't know and if they do you'll be glad you had a few shares because they might be worth quite a bit of money.