• 10baggerbamm : well since you got it all figured out you should just short it.

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• 10baggerbamm 凯神 : pure sour grapes is what he is see he bought at the top the typical fomo investor and now since the short report came out a week and a half ago that momentum is broken and you got a round of bag holders that are going to be holding for a while they will make money at some point in time because if Bitcoin goes to $250,000 in 2025 or close to it micro strategy stock is going to be $$600 $800 might be even more. so he's just pissed off that right now it's not moving lock step like it was 2 weeks ago

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• 10baggerbamm Nisdey OP : yeah you know more than Michael Saylor. and when Bitcoin is 102 and 105 and 110 you're fucked so keep your short position

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• 10baggerbamm Nisdey OP : so you're right for two days whoop the fucking do congratulations why don't you post your monster position to show how much you made cuz I'm betting it's what $100 so post your short position show the world how much you've made because that'll show your real conviction. and of course Bitcoin will never go back up again it's never going any higher we don't have a president or cabinet that supports Bitcoin in the United States at all no one's going to buy another Bitcoin it's going straight to zero right Peter Schiff.
  I know you're type because I just spent a few minutes and I went back and looked at your posts. you're the Monday morning quarterback. you show up after something moves and you make comments typically they're negative typically  derogatory. the only thing that I saw a favorable is you actually liked AMD and well it's going straight down. you don't like Warren Buffett he's a fraud you told someone to buy the Tesla 2x leveraged bear ETF well you blew yourself up on that one. you show up after something moves which means you never had skin in the game on anything you're like the bobbleheads on TV that after something moves they show up and they pound the table on it but yet they never bought it in the first place, that's you
  the Jack of all trades master of none.
  I think that would be a better name for yourself

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• 10baggerbamm Nisdey OP : really because I've had Nvidia leveraged ETF right now since the beginning of the year I've held and you GT I had that for 6 months from the beginning of the year till about June anybody who says old leverage ETFs are only meant for a day they have no idea what the hell they're talking about. I held last year so Excel from October up to July I think I've had about 15 or 16 leverage ETFs for more than 6 months at a time for the people that say oh they're only meant for a day or two because of decay they have no idea what they're talking about

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• 10baggerbamm : after 49.99

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• 10baggerbamm : the chart looks good you had your consolidation. you have your tax loss. right now I think it's ready for another leg up come January that it should be bought right in this area

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• 10baggerbamm : you have to understand there is a shit ton of people that are taking tax losses on this stock and to compound the tax losses you have hedge funds shorting this stock because they know the tax law sellers are coming in and they are compounding those losses by selling shares on top of them.
  this is going to work its way out by Tuesday of next week that's the last day for tax loss selling in the US
  and hopefully Michael sayler stops selling the stock for Bitcoin hopefully he just goes back to the convertibles so he starts to reestablish and building equity for shareholders again or he does what I think he should do which will break the fucking shorts today do a convertible but don't buy Bitcoin and do a one-time cash distribution a special cash dividend to all shareholders that are on record December 31st if you were to announce that the stock would be up another 50 to 75 more dollars today

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• 10baggerbamm : you got a distribution..2.16 per share

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• 10baggerbamm Darren2 OP : so that's the really difficult thing and you got to talk to your accountant.
  they're going to show this as a dividend.
  like a utility company pays dividends quarterly that's income
  however let's suppose you're in my boat I sold puts I got put this ETF at $18.50
  it traded down below 15 one or two days it's now traded back up to 17 and change.
  now there's a $2 distribution.
  I'm still at a loss.. the new net asset value is $15 plus the 2=17 my cost basis is 18.50
  so what you need to do is do a screenshot right now of this screen that shows the gap down in the price that shows the distribution what you get per share and when it comes time for your taxes this is something that you need to show your accountant because if your brokerage firm shows this is a dividend you're getting taxed on it even though you're at a capital loss relative to your purchase price and this is really again it's not a dividend it's a distribution.
  the $2 in change per share gets posted typically the following week so sometime next week you'll see a cash distribution in your account

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• 10baggerbamm Darren2 OP : I have no idea how your country is different how it's done.. I mean if you don't pay taxes in your country I'm moving there
  

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• 10baggerbamm Darren2 OP : you're going to get it in your account so next week sometime probably Thursday Friday because New Year's Christmas you know screws everything up but you will see a distribution tied to this ETF in a one line and you'll see the cash amount equal to the exact amount of shares times the distribution amount of $2 and change per share

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• 10baggerbamm OP JFL : what I said this morning holds true you've got primarily 10 large holdings in this basket ( there's more  just less then one percent) most of the top 10 have been taken out behind the barn and beaten to death, micron most recently. AMD has been this bloodbath, this constant death by A thousand cuts. it's the second largest holding in this basket it's down over constantly from March of this year. I just hope you get the dogs of the Dow mentality with tech stocks people that are contrarians by the laggers that were the losers in hopes that there's a rebound maybe in fundamentals but if nothing less than when institutions rebalance their portfolios where they had no position in it they're going to buy a little bit and the cumulative effect of everybody buying a little bit can lead to significantly higher stock prices.

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• 10baggerbamm OP JFL : 29 is a level of resistance and this is not an exact science because it can go a little above it or stay a little beneath it but everybody sees it and literally when it crossed 29 the algorithmic sell program kicked in and brought it down about 50 cents very quickly.
  the balance of this week is not a lot tomorrow to 1:00 close Wednesday the market shut down Thursday volumes like Friday the volume is light
  it's very very easy to manipulate individual companies or baskets of companies when you don't have retail buyers.
  and it's easier to knock something down than it is to bit it up it's easier to collude with market makers and say look I'm going to be hitting bids shorting the stock I don't want you getting hurt walk away just pull your bids away from the market.

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• 10baggerbamm OP JFL : pt 2
  when it hit 29 today I sold calls against it for Friday I sold the $30.50 calls I only did a some of my position.
  in retrospect I was wrong I should have done the whole position.
  I had thought a week ago that we were going to see $34 with a Santa Claus rally and I said this early in December and micron and chairman Mao destroyed that chance.
  if we could get back to 30 I think that's a huge victory at this point.
  after the first of the year it's a complete crapshoot because there's valid arguments on both sides the first being people are deferring profits right now till after the first it was a very strong year so they're just going to be selling come January 1, and it may last a week a week and a half and if that happens that's when all of the cockroaches will come out and go are we going to have our 10% correction right now so goes January so goes the rest of the year you'll hear all these stories regurgitated they just pull them out of there back pocket
  the other side of the coin is we've got Trump and I think if there is a little bit of profit taking people will say should you buy the dip Trump's here he's going to be great for business GDP is going to go up pet companies are cash Rich they're not dependent upon interest rates to do business so it really the pendulum can go both ways and there's valid arguments and I don't know what the first week in January is going to bring.
  what I've been doing around my core position as I sell calls against half on the long side and then I sell puts on what I seem to believe is a support line and I'm not just referring to this basket I'm saying across the board that's what I've been doing so I collect the premium on the call side if I lose the stock or the ETF it's only a portion of what I own and I'm also selling puts on support lines short-term one week at a time and collecting the premium that are downside and if I get put it I'm fine with it because it's an ETF or company I want to own.

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• 10baggerbamm OP JFL : options are a great way to add income and reduce risk if you do it the way that I do it.
  very infrequently do I buy calls so I might do as an example 150 option trades a year of that maybe five or six am I betting a stock is going to go up to a certain price within a certain period of time and buying a call or buying a put betting that a stock is going to fall to a certain price within a certain period of time.
  what I do I view as being like the casino the house
  if there's a stock that I own I have my core position and then I have a secondary trading position around it that trading position I will sell calls against so somebody pays me the premium up front if it closes above that strike price I lose it but it's a win-win I've made money from my initial investment I've collected the premium I'm fine with it.

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• 10baggerbamm OP JFL : pr 2
  sometimes selling calls can bite you in the ass and the most recent case was Tesla post-election I sold calls as a hedge because I believed that Democrats were going to steal another election and the market took off so I lost Tesla (TSLL)  at $12 at $15 at $18 on the way up but
  I've been selling puts on the stock collecting premiums the entire time and I've been buying the stock and immediately selling calls against it so yeah I would have been better had I not sold calls against my original position but it's probably only about a 10-15% difference which is not that bad considering how much Tesla stock has gone up.
  and then what I also do is I sell puts but you only want to sell puts on companies that you want to own or an ETF that you want to own.
  again typically I don't like going out more than a week at a time and that's because the Dynamics in this market between what's going on in this country from a political standpoint from an economic standpoint what's going on around the world it changes so fast nowadays that if you lock something in for an extended period of time like 6 months you can really screw yourself royally.
  so I sell puts typically for a week expiration at a time and I look for the support lines the last sell-off for example how low it traded, what's the general trend of the stock of the market of the sector what is the real technical support on a 20-day moving average and you look at it and you come up with a number and you compare it to where the strike prices are and you sell the amount that you want to own if you get put the stock.

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• 10baggerbamm OP xiaoswee : AMDL, THIS IS WHAT I WILL SELL THE PUTS ON NOT THE COMMON STOCK

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• 10baggerbamm OP digimonX : the comments from micron in the comments from Dell show a lack of consumer demand so the only way you can work through consumer demand is to cut prices that's how it's done because the manufacturing has already built dram chips Dell has already built the personal computer line. the mu drama chips in cell phones are already built so what do they do with the cell phones they give them away through cellular one AT&T Verizon rather than give you one they give you two just to get rid of the inventory they have to work through the inventory because the demand side on consumer end is weaker than what was anticipated that's why there's an abundance of supply and that's why they said back half that's what micron said back half of 25

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