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Surly #Stonks


Wally Fairway

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I've lost over $500,000 on paper because of IBRX's descent from the 40's, but still believe this stock goes much higher than the 40's.  So, why the drop?  Remember, WS is out to screw the most people out of the most money.  Having said that, my hunch is the market makers are trying to squeeze all the in the money call premium out of the options after a peak in accumulation.  At about the April 17.50 strike, that's what they're doing.  At 15, a significant number of puts start moving into the money. So, I'm guessing the price stays between 15-17.50 until those puts get closed out or we make this coming Friday expiration.  After that, IBRX's ascent should resume.  Keep the faith.

  • Hook 'Em 2
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I sure am glad I cashed in some SWA stock back in late January to get on the Surly stock bandwagon. It’s up another 30% since then, this side portfolio not so much. I think I had better luck with sports betting as a hobby.

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15 minutes ago, Brew said:

LUV.

Oh, I like them.  Up 70% and just biding time until I hit the 12 month mark and can donate the stock to fulfill some charitable contributions. Fucked around and sold some AAL too early, but holding DAL and LUV until I hit the 1yr mark.  

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