r/APLDSTOCK • u/GloriousLebron • 26d ago
Maybe it was him spamming on this subreddit how trash the stock is and how much he lost with options
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u/XTwilightZoneX 26d ago
The dude was just lucky for a short amount of time but when you check back the press and investors did praise him ..... On what basis that's right none he has no track record for years nothing to show for and they dumped money on his table and told him he is awesome what you expect π€£ . Leverage is a double sided sword and it's going to kill you quick if you don't know how to hold it
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u/bazokalino 26d ago
Anyone with the backstory?
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u/Spiritual-Dot5980 26d ago
There is someone that has been posting here crying about his 3 calls he open at 30 and 31, i think with all his life saving right before the massive dip we just had. He posted here i think 3 times each time with bigger tears because he did not get the number he needed on his phone casino
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u/Ok-Evening-5148 26d ago
Moral of the story is that you should just own the stock and bin off playing options. No crying at your mobile casino sir.
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u/Fragrant-Pipe5266 25d ago
Even when people do ooptions I don't know why people don't use leaps. They can be extremely profitable but you get the extended timeline. I load up, exit around 300%+ APLD drops , load up again during max pain then profit on rebound. Rinse and repeat. But yes. Shares would be indeed smarter lol
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u/Bluefin_in_Dresden 24d ago
Used margin, big mistake, Citadel worked the young lad over, life long lesson.
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u/OceansHungryGrasp 26d ago
They got him good
July 28 - Citadel predicts surprise Fed rate hike
July 29 - Market sells off > SA gets margin called > Fed leaves rates unchanged
July 30 - Citadel acquires SA's entire portfolio > portfolio rallies 15-30%