Originally Posted by suzzer99:
Strasser is saying it's not just volatility but how much people are willing to pay, and the WSB guys aren't being price-sensitive at all. So even with volatility factored in, options prices are ridiculous right now.
I have no idea if that's true or not. But I think the guy has been pretty successful in the market and was really good at poker.
I don’t either. But I don’t think the WSB guys are moving enough volume to matter outside of a few stocks, that are probably low volume anyway. [Reply]
Originally Posted by Nirvana58:
I think once the merger is confirmed this will blow up bigger than nio. Say the merger goes through what price point are you shooting for?
somewhere around 90, and then get the fuck out :-)
Originally Posted by Hammock Parties:
somewhere around 90, and then get the **** out :-)
learned my lesson with NKLA
NKLA was a scam though. Lucid has a car ready to ship with Saudi oil bank rolling it. I think they can go toe to toe with Tesla. It might be a long hold for me. They just need to hurry up and merge so I can make these hard decisions. :-) [Reply]
Originally Posted by Nirvana58:
NKLA was a scam though. Lucid has a car ready to ship with Saudi oil bank rolling it. I think they can go toe to toe with Tesla. It might be a long hold for me. They just need to hurry up and merge so I can make these hard decisions. :-)
All true, but you just don't know what's gonna happen in this market.
I'm trying to buy a house this year. If this stock blows up to 90 I'll cash out most of it.
Might leave a few bucks in there to grow though...if you really think it's another Tesla. [Reply]