$LQDA is my first 10x from initial entry point a few years ago. I don't hold all my original share size. And there were times I exited entirely in the mid teens but did re-enter at lower prices than I sold for at the time. I sold all my shares recently at $64 but I still have Jun $50 options expiring tomorrow that I bought in the $2 dollar area. Thus I have effectively ridden the stock for its entire ride up, a 10x move!
I brought $LQDA position to 19k shares on dip into the $5.20s. I've sold 80 covered calls against it avg $0.70 and have sold 50 Sept $5 puts avg $0.40. Set up well here even if it pulls back. If the stock instead settles in the $6s near term can buy calls back with put proceeds.
The beauty of and main benefit of protecting the warchest, avoiding drawdown, is that you hover at highs and then explode through new highs on any market rally, even when the market remains solidly below its all time highs. Outsized performance!
Late print! I grabbed $SATS shares $128.14 right before the close. $SATS is the purest public stock play on $SPCX. They sold spectrum to SpaceX and own equity which will be equal to the entire $STAS market cap. I am just flipping this. Likely will exit tomorrow.
Took a new long in $KRUS $45.48. Kura Sushi restaurants partial position I will add. Last Q was good but company didn’t raise annual revenue guidance beyond the Q2 revenue beat amount. Market didn’t like and slammed from $70 to mid $40. Good risk reward initial entry here
What is different? No more trans in our face. No more DEI. No more pride in my face. Be gay don’t put it in my face any more than I put my cock in a lesbians face. No more white people hate. No more savage Muslims making inroads. No more illegal aliens taking over our country to change the voting electorate. No more NATO and Europe using us like bitches to fund their socialist states. No more tax dollars funneled to Democrats party via fake NGO corruption. This list is endless I cannot even type it all