Super! Now only 75% to go and I can be even!

Lol I actually bought when it was down the other day. I want a front row seat to this show. Cost me $44 lol

I am my own worst enemy.

Thats the spirit.
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I bought a bunch of KWGBF over a year ago around $.01.
It has been going OK. Every so slightly up. A few months ago I put a sell order whenever/if ever it went to $.045 after it had been lingering around $.03 for a long time.
Forgot about it when I looked at my portfolio and my stock wasn't there.
Apparently it went up to $.085 and sold at $.06/share.

Not bad.

At this point I think I have a better chance of making a profit if I put my money in a coffee can and throw it in the ocean.
Hope it returns with more money in the can than I put in.

I was talking to a type 1 diabetic about their product last weekend.   We were at beach and she had an implant that didn't allow her to go swimming.

Market really has had no clear direction recently, I watch money flow from tech, to industrials, commodities, then out of there back into tech, then back out and now shipping goes up, etc.  There is too much uncertainty marketwide for a clear direction.  I am inclined just to get out of everything I can, even at break even or just above and wait for, whatever is coming.

Photos or it did not happen

Nice up day in a restless market.

I've been selling partial positions on most all stocks.

SLV, my only negative but thats expected.

I was finally able to sell my 6 shares today, made about $4!

And I rolled that into AMD at $94 a share.

Still playing the UPWK game I see

JPMorgan analyst sums it up pretty nicely;

"One can ... construct a 'barbell portfolio' of traditional growth (e.g., tech, biotech, innovation) and traditional value stocks (e.g., metals, mining) that currently have favorable attributes across most traditional factors," the JPMorgan chief global markets strategist said in a note to investors.

Kolanovic noted that this strategy "is rarely the case and currently possible" because several market trends are happening at the same time, including a commodity supercycle and "divergent" monetary policy. He added that the "very large selloff" in speculative and growth names earlier in the year also played into the present conditions.

As examples, Kolanovic pointed to sectors like energy and mining, which in the past have acted as "value traps." However, in the current commodity environment, these firms are showing growing earnings and therefore fit the profile of a growth stock.

I like trading stocks that have good daily volume and price swings.

UPWK is one of those.

But keep in mind, I buy and sell all on my list weekly.

So my list may or may not be long/longer term but most likely shorter term.

I'm not in love with any of them, just using them.

Been trying to convert last week's BBIG into covered calls.
Finally ended up selling 4-29 $3 calls for 0.12.
Brings my entry price on these shares down to 2.35.

EDIT: after updating my spreadsheet, my BBIG basis is still over $3/sh, and that's treating every option sale along the way as a reduction in basis.

With regards to averaging down vs buy and hold, is it better to have 200 shares I paid $11 for, or 8000 shares I paid 3.10 for?

Anyone here still clutching onto shares of ME? I am.  I held right on through after the vgac merger and it bricked hard. Still pisses me off.

I also have a fancy ME bag. I’m just going to hold it forever at this point. It’s a long for me.

I do

500 shares @ 10.65

I say the 8000.  Can sell $3 calls and lower that cost average.    


I sold BBIG calls too early today.  Would have got $.10 a share more an hour later.

End of the year I'll sell it and take the loss for taxes at this point. I don't see anything long term potential.  It has its moments, but most of them are bad lol.
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Looks very similar to Mavis in its slide.

I guess I sold too late, got $.11
Any time I have sold calls I have made money. Any time I bought calls, I lost money.

Power hour!

Which ones did you sell?

Fidelity ATP has a new feature.

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NFLX after hours - OUCH!

TWTR short interest isn't that high, is it?

Somebody pointed out the other day that if TWTR went private, the shorts would have to pay the buyout price for all the shares they created.

First subscriber loss in ten years.

https://www.marketbeat.com/stocks/NASDAQ/MVIS/short-interest/

https://www.marketbeat.com/stocks/NASDAQ/BBIG/short-interest/

I don't know what to make of all this so I'll leave here it here for the smarties to digest. Looks like share performance based rewards for Bollywood and Drew.

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS Wednesday, June 1, 2022

https://ir.microvision.com/sec-filings/all-sec-filings/content/0001193125-22-109458/0001193125-22-109458.pdf

Yes. I have to constantly remind myself of that.

$2.5s for 29th.

The Russia volatility scared me out of it.  Can't watch it close enough.

You *know* that making the shorts bleed would amuse the hell out of Musk.

Get woke go broke?  Loss from COVID normalization? Or inflation on other things driving entertainment allowance out the door.

It appears someone picked up 100k MVIS shares at the bell, are the shorts getting worried?

Executive awards for the top three. It's almost the only proxy vote (at least, for now) on the ASM agenda.

Really disappointed the plan right now is for the ASM to be virtual. I was already packing bags and making hotel arrangements. They're already getting some flack, I hope that decision gets changed. The airlines have been ordered to drop the mandate, it seems silly for MVIS to carry on...but, okay, much cheaper.

The important part of the performance rewards is in the details. Somebody either doesn't care if they're awarded, or has some huge confidence in what's coming.

S2upid explains better than I can...

"Their performance stock award (PRSU) are wild. Talk about bullish (BAFF)?

only 10% will be awarded if we're in the $12 range for 20 days.

30% will be awarded to them if we're in the $18 range for 20 days.

30% will be awarded when we hit $24 for 20 days

the last 30% will be awarded whe we hit $36 for 20 days.

They have until the end of 2025.

Are Sumit (2.8M PRSU), Verma (2M PRSU) and Markham (1.2M PRSU) confident??? I think so.

See page 23 for details."

I like BAFF. Maybe I should buy more MVIS.

Anyone else see this,Blackrock and Vanguard combined have a 12% interest in the company and we all know about their connections to the WEF,Klause Schwab and his globalist butt buddies.

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$36 by 2025 seems..... Not right to me. We were at $28 with no news a year ago. Yes that was likely a once in a lifetime opportunity and going up that much in such little time will never happen again. But damn, was really hoping for higher double digits definitely before 2025, with June track results and product ready for partnering by end of the year. Feels kind of deflating.

TWTR shows 5.74% as of 03/31

Dayum. I hope they get every one of them by mid May.

ETA: Looks like their target is 18

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Correct.  That is just their latest possible time to achieve the price targets.  If something good happens earlier, we all benefit.  I think this was a good signal to shareholders that managements has skin in the game and a vested interest in seeing the stock price go up.

Edit:  I just bought 500 more and have further reduced my basis to $8.04 overall.

Having sold my BBIG calls yesterday, I was planning on selling MVIS puts today, maybe 4-29 @$4.
But if it opens at 3.40-3.50, the price of ITM puts is going to tank at the open.

Filling sells on MU this morning in EXT @ $73.75,$73.65,$73.75

Thats about $1 from last nights close.

Plan to re buy if gap closes or partially closes on a buy signal in day session.

Selling about 15% of my lot so if it takes off without filling gap, I'm still in the game with profits locked in.

If it fills gap and I re buy, I'll have cheaper shares and money in the bank.

Do you know what kind of sensor/implant she had? I've been a type 1 for decades and have had all the major pumps and CGM's and never had an issue going in the water with stuff. I just unhook my pump. CGM's just stay taped on. Now whether the tape holds if you do something stupid like jumping off the side of a boat and it goes to the bottom of the gulf of Mexico that's a totally different situation.

And if you have enough money, you can spike the market and get in where you want.



A little $43,714,584 move.

Well the debit spreads I did on NFLX yesterday ought to look interesting this morning

Bought 2 $340c, sold 2 $350c
Bought 2 $335p, sold 2 $325p.  

A couple of observations about the PRSUs.

1.  This type of award is becoming increasingly standard for NEO/Executive equity compensation.  One unique piece that I saw in MVIS' proxy though, is that the three recipients have agreed to forgo any other long equity awards during the performance period - that's not something I've seen before.  Doesn't seem to exclude spot type share bonuses, but not sure there.

2.  I'll be really interested to see the fair value assigned to these awards.  Performance based equity awards that are contingent on the satisfaction of a market condition (anything tied to share price) are valued with a Monte Carlo simulation.  Once valued, unless the award is modified (contract terms changed), that is the value that the company expenses on its financial statements.  The Monte Carlo simulation is used to incorporate all theoretical outcomes and their probabilities including over and under performance of the target.  Due to the potential for over performance and thus additional shares being paid, the fair value from the simulation assigned and expensed to the awards is often higher than the grant date per share value.  By how much can possibly give some insight into the assumptions used in the model (which is predicting potential stock price paths).  Unfortunately, the disclosed fair values will be weighted across all tranches, but you could get a sense/try and model out a couple scenarios that the company and their consultants/legal used in anticipating share price movement.

3.  The proxy mentioned that the 6mm shares (at maximum payout) allocated to the PRSUs would not cause dilution if the price targets are not met and no shares are paid out.  That's accurate.  However, due to the above mentioned Monte Carlo simulation taking into account all possible outcomes, including the probability of no pay out at all, if the recipients meet the service condition of the awards (they stay employed through the vesting dates), yet the share price doesn't hit any thresholds, the company still has to take the expense for the awards.  Typically the awards are issued at target (2.4 mm shares by my math) and a fair value assigned.   Lets just say that it's $6 for arguments sake.  This means that even if no shares are paid, the company will take a share based compensation expense of $14.4mm for these awards.  Amortized over the next three years that's ~$1.2mm per quarter, which isn't the end of the world, but for a company with no significant revenue, it can make the reported numbers/EPS look worse.  I call this out because market based performance grants are different from other RSU/Option/Non-Market based performance awards, for which the company only recognizes expense for shares/options that actually vest.  Just something to keep an eye on.

I assume your put spread gained more than your call spread lost?