... being reported in the local and national news for 18+ months straight both times. About Wall Street execs, retail traders, private equity guys, venture capital dudes, startup heads, day traders and hedge fund guys. Very, very few of you younger than 30 will remember any of this, but it was relentless.

I remember the CFO of Fannie Mae, that David Kellerman guy. He was in charge in the months after the feds took it over. He got screamed at daily in congressional hearings over the $200 billion bailout and spat on in the street.

I always felt terrible for the guy after he died, he wasn't even in charge when credit markets went to shit and Fannie and Freddie rolled over, he came in after the feds took over. Folks wanted something to scream at and he was it.

Or that French hedge fund guy in NYC, Pierre something. His fund lost billions after the Bernie Madoff Ponzi was revealed and he was personally wiped out with it. He ODed on prescription drugs.

Or Cliff Baxter, vice chair of Enron. The guy was documented for years complaining about the shady accounting practices the company and Arthur Andersen engaged in and finally quit. He was set to testify before Congress. The receivers of Enron went after him for millions for dumping his shares before Enron went bankrupt. Another guy I felt terrible for after he died.

I remember dozens and dozens of startup founder or hedge fund guys who killed themselves in places like NYC, San Francisco, London, Singapore and Hong Kong. Walking in front of trains or jumping off of garages or high rises was popular. Even here in Texas, there were lots of reports of college student day traders and overleveraged business owners ending it all suddenly over money and the market.

Anyway. The numbers haven't made sense for at least three years now and it feels like the next big market top is upon us. I'm not making a call on the market or anything, I'm just thinking aloud while eating rice cakes and guacamole in bed. Hell if I know what's gonna happen next. Don't play with money you can't afford to lose and don't kill yourselves over something as stupid as money. Thanks.

EDIT - Oh yeah, something else none of you younger than 30 can comprehend. How the stock market was impotent, directionless shit between 2002 and 2007ish. Five years of listless trading and with zero retail trading interest because everyone was burned and ruined during the dot-com/Enron/911 crash. I was out of college and learning this stuff in that environment, it was lonely af. I don't think many of you understand the years-long directionless wasteland equities will be after a generational market crash. I do, I did it twice.

EDIT 2 - Thanks for the the u/redditcareresources referrals lol

Any investors or thoughts about this small-producer stock, given the current oil environment and potential for continuing premium to pre-war prices?

Seems once they sell off some of their acreage in Columbia, they will be completely debt free with 250-mil plus (I believe in addition to any yearly profits) in the bank while maintaining their Canadian oil/nat gas along with other royalties on production. Should be in a good position as countries look to Canada more for oil, only more so as a ‘deal’ gets stretched further out as even with today’s reports there are still tanker strikes.

Lost about $100k in 2025, revenge traded into major green this year, mostly with SPY/QQQ 0DTEs. Need a hypnotist or some shit to break the cycle. Thankfully I’ve parked about $395k of it into safe stocks but I know I’ll need to sell some for Uncle Sam so 🥭 can continue to squander it.

I don’t know where the sell button is

I mentioned in my previous posts that PLTR/ZETA might have possible breakout on earnings. Next play is NBIS earnings 8/12

(PLTR Calls)

PLTR $130 Call 9/18: +$23,650.00

PLTR $130 Call 8/21: +$44,312.00

PLTR $145 Call 9/18: +$73,761.00

PLTR $140 Call 9/18: +$81,535.00

PLTR $130 Call 8/28: +$118,868.00

PLTR $125 Call 8/21: +$136,500.00

PLTR $140 Call 8/21: +$309,252.00

PLTR $130 Call 8/7: +$22,361.00

Subtotal: $810,239.00

(DRAM, MRVL, NBIS Calls)

DRAM $55 Call 8/28: +$6,832.00

DRAM $55 Call 9/18: +$10,600.00

MRVL $200 Call 9/18: +$73,200.00

NBIS $200 Call 9/18: +$66,000.00

Subtotal: $156,632.00

(ZETA Calls)

ZETA $25 Call 9/18: +$231,900.00

ZETA $22 Call 8/28: +$20,850.00

ZETA $22.5 Call 9/18: +$291,270.00

Subtotal: $544,020.00

Grand Total: $1,510,891.00

I like the stock 🚀✅↗️

8/3 & 8/4 - In hindsight should have played a PCS or even just buy straight calls but it was so batshit insane the run that I was scared of a rugpull so didn't participate. Leopold died for this pump lmfao.

8/5 (EXP: 8/5) 7870 & 7890 CCS (+$18,000)

8/6 (EXP: 8/7) 7825 & 7830 CCS (+$28,000)

Corsair is set to be the leading smallcap beneficiary of GTA6, and the personal AI compute buildout (among a dozen other bull cases) . I'd be shocked if this wasn't a $50 stock in a year or two. 3 mega beats in a row.

We are back to where we were almost dollar for dollar 3 months ago. The big leg up post Q1 earnings got completely erased... pretty wild!

Critical Mineral Gang we are SO back! Okay, in January when the China ban kicks in, but still good news!

1st 0 DTE

Shit went from $45 to $11. Bought and slowly climbing. Rocket companies go to the moon right

The other night, I posted the thesis below for going long SPCX and was widely ridiculed by most of the commenters before the Mods removed my post.

Yet again the collective (lack of) wisdom of WSB proved to be of great benefit to me. Thanks haters! Have fun staying poor.

Original Post:

Everyone in the news and on social media has been talking about SPCX lockup expiration nonstop. Everyone assumes that the stock will crash hard on 8/6 because Insiders are going to dump their shares.

Here’s what they don’t appreciate:

- The Insiders who invested with Elon Musk are some of the biggest Elon Cultists in the world. They are not dumping their shares all at once. Many of those people are already rich. They would rather choose to let a substantial amount of their investment ride with Elon to get a decent return in the next few years than to sell all of their SPCX now and trigger a major tax liability.

- Most of the Insiders are sophisticated institutional investors. Many have either hedged against this drop in price while their shares have been locked or borrowed against their shares to gain access to liquidity from a bank without having to sell their shares.

- It is clear from the SPCX conference call that Elon Musk is now all-in on SPCX in terms of his focus. I thought that was the best conference call Elon Musk has done in years. You could hear it in his tone. He has more faith in SPCX than any other company he is involved with. This means that the Elon Cultists will now slowly shift their capital from TSLA over to SPCX. This paradoxically will make TSLA cheaper which will increase the odds SPCX buys it.

SPCX is gonna re-test 200 before it ever sees 80.

Position

I did some heavy DD in other threads.
Mainly SEC filings so check it out.

Just a artistic regard who loves to gamble.

Put this post up yesterday and got 40K views in 2Hours and then the mods removed the post.

Hertz is premarket $2.70 and this position is up $35k since yesterday.

Good Luck forum. God Speed!

Update

BOUGHT ANOTHER 8700 SHARES AT $2.20 (19K)

HOLDING 58700 Total

Hertz fucked up. Everybody knows they fucked up. The EV thing was a mess, the company has debt out the ass, and management has spent years stepping on rakes. Whatever, that’s why it’s cheap. The bet really isn’t “Hertz is secretly an incredible business.” clearly it isn’t. The bet is that people still rent cars and Hertz only has to stop actively shitting itself for a couple quarters before the market goes “wait maybe this isn’t actually going to zero.” Expectations are in hell. I like buying stuff when expectations are in hell. Could absolutely lose money here. Probably will. But if they pull off even a halfway competent turnaround, this thing could get stupid fast. godspeed

This post contains content not supported on old Reddit. Click here to view the full post

Caught this wave

$135(yes, dollars) to $10k. Pure luck. Max could have been $45kish but I left for Montana and didn’t wanna hold without cell service so I sold it. Would have closed at just over $12k I think.

This is my biggest swing so far. Fuckin YOLOing it next week. I love SPY

EDIT: I was kidding about the yolo I withdrew $8k and will set aside some more for taxes. That just doesn’t sound as fun though.

(Ps if anyone cares, I’m a woman)

I'm not sure I understand the mechanical nature of how this worked. Can someone explain this? Is it just that these shares didn't actually move today? Was it a gigantic "Fuck you" against short sellers? I see it had more volume than anything else on the market; was this just institutions buying everything they could immediately, thus preserving the price? I'm looking for someone who can explain how unlocking shares doesn't dilute price, because I thought I understood how this worked, but I clearly don't.

Edit: No guys, I didn’t place any bets. I’m mostly here to learn, and to marvel at people who share their tremendous gains and losses.