Random
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

I just want to vent right now

My work day was a bit long, chaotic and disjointed today.
I got disrupted during breakfast...and could not eat.
Had a company sponsored lunch...and one of my coworkers ate my lunch.
On top of it all, I literally cost myself over 23K dollars in profit over my personal mishandling of my schedule over the last 36 hours.
I'm grumpy as hell right now because people seem to mindlessly wander into my path and create unnecessary obstacles and distractions.
The weirdest part of my day was some random guy that I don't even know handed me a fifty dollar tip....for what, I have no idea.
I hope the next seven days prove to be much more fortuitous than my previous 36 hours.
This page is a permanent link to the reply below and its nested replies. See all post replies »
23K on what!!! Shorts? Longs? Active?
SilkandLace2 · 46-50, M
@SilkandLace2 i meannn the nyse is bs rn and the QQQ is risky
Ferric67 · M
@TryingtoLava @SilkandLace2 here's the breakdown on that.
About Two years ago i identified a research and development Pharma company that, in my opinion has an innovative approach to leukemia treatment. I started with a small position to watch the stock price. As the stock price dropped from 8 to 7 to 6 and down to 5 dollars, I accumulated a rather substantial amount of shares. In the meantime, I would randomly sell covered calls on my shares anywhere from a month to four months out...as a means to recoup my investment. Well, in the last six to eight months, reports would come out (now mind you the had wrapped up their phase three trials), that their results were twice as good as the standard of current care and they are advancing on to solid tumor care. Well, the stock price within the last month regained all value, plus some.
Back in March, I spoke with a friend of mine whose father owns a hedge fund. With their help, I formulated a strategy to sell (as per his fathers advice) once I hit $12 a share. Two weeks ago, the stock price rose to $15....but I couldn't sell my shares since I had sold them as covered calls...which stood to expire this past Friday. Friday, came and went and the stock closed at just under 12 dollars.
Here, is where I failed myself. The stock market opens Monday, the stock goes up to $12.50 within the first hour.
Perfect, this is what I was told to wait for by a man who owns a hedge fund.
My problem...I was totally sidetracked at work with people that were seemingly messing with my schedule. I totally missed my window to sell when I had planned to for eight months. I noticed after the market close that the stock closed at just under $12 again.
Great.
My bad luck with this whole thing...the CEO of the company releases a letter to stock holders right before the market opens requesting to dilute the outstanding shares by 13%.
Well, what do you think happened next to the stock price? It recalibrate to 13% less.
I missed my chance on Monday to cash out at a 23k dollars higher.
Look, is it the end of the world? No. I just have to wait longer now.
It just so happens to happen on a day where nothing went right for me.
I was in such a bad mood last night.
There's that story...two years in the making just to miss my thirty minute window.
@Ferric67 what is the name of the pharma company?
Ferric67 · M
@SimplyLogicalDiscipline Actinium, ticker ATNM
@Ferric67 wow , nice identification 👏
Ferric67 · M