Stocks and Trading Thread - Channeling your inner Mono

[crazy canuck]

I have put some playing around money into the psychedelics.  Now I wish I had put some real money into it.   Up over 50%

[Admiral Yi]

Now ABNB is opening at 68 and expected to rise to 153 when trading starts later in the day.  Too rich for my blood, sitting it out.  Bought Beoing with that money instead.

[Admiral Yi]

Kaboom.  145.

[Admiral Yi]

Options premiums are pretty rich on Tesla.  Am giving thought to getting back in the covered call business.

1 12/28 call @800 would give me c. $1,000.

Any thoughts?  Tonto, you in particular?

Worst case is Tesla zooms up way past 800/share in two weeks, I cash out 100 shares at 800 per.

[crazy canuck]

I have put some playing around money into the psychedelics.  Now I wish I had put some real money into it.   Up over 50%

I bought mind medicine at 2 and it is now above 6. 

One thing you guys might want to think about is not investing in the names that you and everyone else already knows.

[Admiral Yi]

Bought some NNDM.

Brain, did you buy Spotify?  I see it has been on a tear.

[Josquius]

I am a winnah.
Bought a batch of clean energy fuels stock and it spiked. Other green energy stuff is doing well too.
Still can't help but feel paranoid about actually getting the cash monies from all this when I need it.

[Admiral Yi]

Still can't help but feel paranoid about actually getting the cash monies from all this when I need it.

I know exactly how you feel.

The first time a withdrawal actually showed up in my bank account was a relief.

[Admiral Yi]

Lending Club has gone belly up looks like.  Not accepting any more funds.

Don't read further if bragging bothers you.

I just had the most monumental year in terms of investments.  The IRA is up 122% year to date.  Total net worth up 87%.  Hooray.

[Habbaku]

Them's some good returns, Yi.

[Admiral Yi]

Thanks 

[DGuller]

According to Wiki, LC hasn't gone belly up, but rather they're winding down.  As far as your IRA returns, I could've done that as well if I sold before the Covid crash and bought back in at the bottom.

[Caliga]

Nice work, Yi.

CC, I looked at your Mind Medicine company's financials.... they don't look like a 'real' company to me... like it doesn't look like they have any employees based on their income statement?  Do you know these folks personally or something?

[HVC]

As far as your IRA returns, I could've done that as well if I sold before the Covid crash and bought back in at the bottom.

I too could have made money if i bought stocks and sold them at the right time

[Admiral Yi]

According to Wiki, LC hasn't gone belly up, but rather they're winding down.  As far as your IRA returns, I could've done that as well if I sold before the Covid crash and bought back in at the bottom.

I thought you were talking BS, what with the S&P only up 12ish for the year, but if my math is right that checks out.  I get like 150% return.

Did you read that somewhere, or did you run the numbers to satisfy some funky Jewish anal-retentive psychological need?