Can I survive long term? It was projected by Yahoo originally back in like August that it would be worth $1 when it was around .20 cents. Thought it was an easy way to 5x my money, and so I went balls deep.
Instead, CISO went balls deep in me. Am I regarded bröthers? My wife’s boyfriend keeps saying I am.
https://i.redd.it/94oujgiqetzc1.jpeg
Posted by Brendanlendan
24 Comments
Well, that was a bad bet.
Why do people on WSB buy the crappiest dogshit on the market?
So many chances to get out relatively unscathed
And to think that with $25,000, you were allowed to day trading and have a margin account. You could easily have bought more than 150 TSLA shares or even more… Just kidding, just kidding…
and how do you trust yahoo lmao
You couldn’t happen to be part of the “bloods”, would you? It would seem that you are definitely devoted to making all parts of your life “all red” for the group.
ItLl cOmE bAcK
Let me go all in on Puts! That will surely make it go higher. I got your back jack!
My monthly weed habit. You’ll be fine.
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I thought this was CISCO. Lol!
Chart says ciso is going from upper left to lower right
Fucken save atleast ur 10k before that implodes too
It’s a boomer company. It will never recover and die of old age
I bought 500 INTC at 42.15, sold for a loss. Bought again at 35, sold for a loss. Currently holding 200 shares I bought at 31.75 and holding for a gain. Moral of the story I am only down 2.5K. Would have been 6K if I held the initial position. STOPS are your friend. Take the emotion out of it.
U still have 10k to come up
Would stop loss help in these cases?
They gave you 7 chances to do better , and you dint , do better next time brother lol
Diamond hand it. Come back to show us -27k loss.
I’d keep it. Earnings could turn it around for you.
Companies like CISO that try to grow revenue via acquisition from funding is an investor deletion recipe when done wrong. Now that they are worth essentially nothing, funding will grind to a stop. Once they run out of money, they will then need to close down or write off sections of their business because they’re bleeding money a lot faster than they are making it.
Once all of the dust has settled, maybe, maybe, through some focusing and efficiency gains, they can turn around and become profitable again. You just have to hope that they aren’t going to be straddled with debt in the midst of all that and massively underperform their competition.
And for that reason, I think you should not be going all in on a company that has no track record of success (i.e. profitability, not growing revenue at the expense of equity).
RobinHood calls make sense rights now?
Here’s some advice: Penny stocks are Penny stocks for a reason. People predicting penny stock prices are either fools or profiting off of their ability to manipulate a low float stock using their follower base
Why would you play a stick that hasn’t moved in over a decade
It seems like the investment in Yahoo didn’t turn out as expected because of a lack of research and risk management. Watching the stock fall for over six months must have been tough without any mental stop-loss or strategy in place. It’s possible that the information you initially came across was influenced by paid advertisements, which can be misleading. In investing, it’s crucial to set clear expectations about potential gains, but equally important to decide in advance how much you’re willing to lose and how long you’re prepared to wait for returns. It’s unfortunate when money is lost so easily, almost like taking candy from a toddler. I hope, despite the negative outcome, this experience has provided valuable lessons in investment strategy.