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Declared victory over stocks. At that time I said let’s see how we both do going forward. Since then tqqq killed it almost every day.
I bought it at $42 I believe. Split adjusted that’s $21. It’s at $84.60 today and I have a call that expires at $84 today. Debating leaving it or rolling it forward. I’ve been rolling it since about $60-70. Feel like making 400% in 13.5 months on $250k is enough. Like count your blessings. I have $8.5 million in that stock now and that’s pretty imbalanced.
the call is for 20,000 shares. I could easily roll it forward by buying it out at 85 cents and selling for 85 cents next week at $89. Which is what I’ve been doing. I’m terrible at selling.
the fear is the market dips and even with a 5% dip I’m triple exposed. And suddenly my $84 is $70. If I allow it to expire today I already have qualified for capital gains. My $250k is with a million. And my call is actually for 1.68 million
I’ve been wanting more Microsoft and blackstone. Bx. Bx pays 4%. I shifted from dividends awhile ago and my dividends have gone from $40k a month to $15. So that would help. Bx is also a buy in this market.
always hate selling on a run. What would grocery stick do? Oh wait. He’d never have made 400% in one year in the first place. He would just shift his weight to feel the gold butt plug up his @$$ and smile at his own genius.
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What a time April of 2025 was for investors and for the board. It was a gut check moment. I was pretty pissed at the time. I thought it was an intentional attack on the stock market. A couple of the guys on the Politics board celebrated. GS thought he was dancing on our graves. Quote , “HAHAHAHAHA EAT MERDE, I BUY MUNI BONDS and get 2.75%, CD’s at 2% and GOOOOLDDD”. Lmao.
The guys on the politics board, “ This is great, most Americans don’t invest in stocks, Trump cares about the common folks”.What we have learned is that it was just the beginning of the market manipulation. Beat down stocks, insiders load up, then pump up the stocks with some bs announcement, sell the stocks. Rinse and repeat.
“ We will bomb them to the Stone Age” stocks drop and oil gains
2 days later, “ a deal is imminent “ stocks jump and oil dips
” Destruction of Kharg Island planned” stocks drop, oil gains
A day later,” cease fire to be extended, deal by this weekend, Iran has agreed to everything. Stocks jump oil dips.
We have won the war that is not a war 7 times , destroyed their navy 8 times, 9 cease fires and still no oil flowing thru Hormuz.The stock manipulation will continue but this much is clear, every effort to keep stock gains will be made. Rate cuts would send us thru the roof but inflation ( tariffs and war) make that almost impossible l
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