/biz/ - Business & Finance

I wageslave in kitchen at least there's free meals 3x per day

>>54185017
>>54185075
A reverse split after the extreme amount of dilution BBBY has gone through, follows the exact formula of "death spiral financing". Look into DRYS, its share price declined so much that the company had to preform multiple reverse splits just to stay listed.
There's a stat that shows 1000 shares of DRYS a year prior was equal to 0.00008 a year later.
You're going to lose all your money, or what's left of it.

>>53711122
2.00~ back in January. sold at 3.50. Re-entered with some cash secured puts at 2.50 and sold at 5$ last week. Tried to buy some more through CSPs at the 1.50 strike but it hasn't dipped that far yet. Literally some of the most obvious exit signals I've ever seen. It's not worth selling contracts anymore, seems like interest is starting to die out.
Stock is still worth gambling on but not at $2 anymore. If this dips at 1.50 again I'll buy back in.
>>53711142
This isn't GME. Theta gang always wins, you need to learn to take profits anon.

>>53075326
I bought a few calls myself tbqh. I fucked up the entry though but have enough theta to ride this out if for some reason it doesn't pop off in Jan.
Knowing when to play calls just nets you more income to buy more shares long term, and call options have a positive affect on the price.

here hedgies... take the red one. hehe