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

Java

Feb 18

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

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