I would have used $6800 to buy 30 of the Jan '25 $5 calls at $2.30 605 days to get above $7.30 If it goes to $8... the stock makes you $1200 The options make nearly double at $2100. If it goes to $10 $3200 on the stock $8100 on the options. Do you not think it can make it to $10 by 2025?
Ohhh Stoney... I'm just giving you grief. But I did point out they aren't making money and with gross operating margins at a mere 13% with net at -26%... and a ttm cash-flow of -$1.25/share and with $500M in debt... I think there might be safer bets out there. You're buying it on the belief that their products are the wave of the future... they may be... but you also have to strongly pay attention to the ongoing operation's financials. I mean there's a reason it's within a stones throw of multi-year lows. You're in right here at $13.75. I'd close it at a wash if it were me.
NVTS was screaming until a shelf, it’s $7.50 now. I bought 1000 to hold. $7.3-$7.5 cost. ELTK a razor stock, own 500 $6.90 Evlv 5000@$5.25 and $5000 more at $5.60. WKEY, yesterday it was flashing me at $2.50, I ignored her advances Brtx ave cost $5.70. Looking at WKSP $3, any thoughts? All keep taking out their highs less NVTS which did yesterday with APLD. Edited DFH, bought some at $17.80.
"Rate cuts are not likely to happen this year" as per the minutes. Just like I wrote 2 months ago >>>when everyone else said otherwise.