2/19/2025 UPDATE: Pulled the Trigger on PLTR Today

Got busy yesterday with some booshet that cost me money instead of making me money and didn't execute on the purchase of PLTR. I wake up today and see its down 12%.

The CEO announced he is selling $1.2b of the stock today. What a day for that douche. If i were him I would go score a key of coke, two high end escorts, a penthouse suite and lock myself in for three days and sniff coke off their buttocks and ta ta's. Oh and quick stop at Costco to pick up a pallet of Magnum Trojans.

But I digress, I bought at $110. Let's see how it goes. Cheers bitches!

Not going in heavy but I think something is up.

8 comments

8 Comments

RWC

Feb 18

They had blowout earnings and the stock popped from $83 to $105 after hours on the 3rd. Another AI company and investors are bullish on its prospects. Trading at $120 now.

TEE

Feb 18

Replying to

Blowout earnings? PE is 632

RWC

Feb 18

Replying to

With a multiple like that obviously expectations are high with investors like I already mentioned. T

Earnings after adjustment jumped 80% to $341 mil 14 cents a share topping estimates. Revenue grew 36% from a year ago.

Java

Feb 18

Why? What is it about that stock right now that is appealing

Java

Feb 18

Replying to

Rwc and tee said what I would have.

I’m just gladMetas fever broke. Way down today and I need it to stay there for 3 days. Stay under 737.50 It’s gone up so far so fast. Had to buy out the calls split them and resell them multiple times. I know have way more calls than shares i own. Expiring this Friday under 737.50 would be a big win

I had something similar happy with bidu bx and kmi. Bought out. Split 2-3x and resold for far into future. Bidu expired and kmi and bx have settled down. But I have to wait till May and June before I’m out of those woods.

Tesla is the big one. Was underwater 500k with those calls but they’ve been melting. Melting. Like the wicked witch. Now that 3/21 is only 4 weeks from Friday they are starting to lose their value slowly. Tesla at $356 today. And $355 calls for 3/21 are $22. If things stay as they are a month from now theyll melt to $7 now and then to $1 on d day. And I’d throw my $350 ones forward a bit.

One thing at a time. Meta this Friday maybe. Expire and I keep all

My shares as an insanely inflated price. I think I bought it at $140. And it’s up about 65% in the last year

BigBallss

Feb 18

Replying to

You’re juggling a lot of balls there. Pretty good trick. I’m reading articles predicting pain for the magnificent 7 which of course includes Tesla. Meta down almost 3% today. I think Tesla will break your way. I’m pulling for you. I’m stuck in the mud with right now but expecting big results from Musks relationship with Trump. Specifically as it pertains to full self driving government approvals. If those get fast tracked we could have a nice run. Also, Musk leveraging and using his relationships to help China and the US negotiate a trade deal.

Java

Feb 18

Replying to

Meta by the end of the week would be a big win. Tesla I have to wait a month and also a big win.

KMI and BX I think I could afford to buy that out if I had to. Or just keep playing the game. Both have falling off their escalator so I have a call on BX for $190 in May when it was around there. It's fallen to $165. Good news for the call, bad for my stock. KMI was similarly running to $31-$33 when all the hype about selling Natural Gas to Europe was the post election rage. I have way too many calls at $31 now after buying out, doubling down etc. Have about 4X more than I own Fortunately that also settled back to $26.60 or so though I have to wait for June.

PSEC I have puts at $4 and $5. Both May. It's at $4.37 after spending most of its life around 5.50-6.50. Turns out they have Carvana disease with shifting money so best I let the $4 expire, buy out the $5, quadruple it and sell at $4 Hope it expires and have all my dividends paid in cash and not DRIP. Take that $ and go invest it in AMGN or MS, which has been flat since I bought like 4 shares. My big Microsoft plunge. $1500 Ha I feel like Mortimer in Trading Places, with the bet being $1.

Sold more Carvana calls today. Think 3/14 for $1.80 a share About $36,000. At $390. Stock is at $286 now. I have calls this Friday for $350 on it. 2/28 at $345, 3/7 at $370 and now 3/14 at $390. I try to allow for that stock to go up $5-6 a DAY with no decreases every day for the period. That is tough for any stock to do. But the volatility of it allows for it, and selling that far in advance, 2-3 weeks, still locks in the value. I don't think it's hitting $350 in the next 3 days so that's looking like a $22,400 win for me. if it stays below $345 by next friday, or about $8-$9 a day gain or less. $50,800. Those would be big wins