@spacanpanman For those who accumulated shares from 2021-2024 this drawdown has been a walk in the park. This is a hold until the full constellation is up. Until then price action means nothing!
@spacanpanman What if all you have in your families portfolio (3 kids and wife) is Asts in 100% of your cash portfolio and 75% of your retirement and a tiny starter position in Baer outside of normal retirement 2190 fund? And your cost basis for Asts is $5? 🤣
@spacanpanman A few weeks ago regional manager contacted me to ask me to apply for my bosses position as he is retiring end of year. I responded that I am not far behind in terms of retirement? Than last Monday I applied for the position.
@spacanpanman They scheduled interviews immediately and asked me what changed? My response was the financial conditions for my retirement may have changed… My wife told me to stop being a cocky fuck and hopefully I learned a lesson. 😜
@thekookreport@jusbar23 If the U.S. gov and hyperscalers don’t stop taking on debt like drunken sailors at a Thai whore house I don’t know if any trains are leaving anywhere but an express trip to the credit collection agency while running over stock investors on the tracks to 6% yields on the 10-yr
@aleabitoreddit There are people who took no risks in life and lived a complacent mediocre life. And then there are those who took extraordinary risks on the way to vahalla!
You are of the latter, mad respect!
@DeauxWork@smeev4 They foresaw that every growth company was raising funds and insiders selling so they shorted the entire fundraising complex and bought the companies who were buying back stock (healthcare, energy, utilities, software).
@HeathMcf@scott_m_powell I did it for years and used all the proceeds to buy more Asts shares. In 2021-2024 when the rates to borrow were high it helped me fund buying a good amount of shares. At today’s rates it’s not worth it. Locked up my shares last weekend!