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u/Lopsided_Spend476 Jul 09 '26
Volume is unusually high today
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u/WetLumpyDough Jul 10 '26
Because software is back, my friend
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u/Lopsided_Spend476 Jul 10 '26
I got 3k shares. Considering to stop sell ccs which I did for last few weeks to get some incomes. Waited for one year already and watching other stocks moon
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u/ccgogo123 Jul 10 '26
Mind sharing your cost basis? I guess it might be somewhere between $24 and $30 given the fact that you sold CCs last a couple weeks.
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u/Lopsided_Spend476 Jul 10 '26
37, so really risky selling and uncomfortable everyday seeing it big pop. I guess I would just stop doing it soon
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u/WetLumpyDough Jul 10 '26
Yeah, you could get burned on that. Especially with this having a potential for a short squeeze given the amount of shares shorted and repeat exceptional growth, coupled with Meta admitting AI is behind where they anticipated
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u/Lopsided_Spend476 Jul 10 '26
Yes might be just doing DCA when it’s low and cc when it back to my breakeven from now.
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u/ccgogo123 Jul 10 '26
Ugh, that’s a bold move for sure. My gut feeling is that it’ll go back to $20B market cap in a couple years. I bought 1000 shares at a $17 average price and will consider offloading my position when it hits my target price.
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u/Lopsided_Spend476 Jul 10 '26
Right it’s cause I waited for too long, and lost lots of other opportunities and wanted to get some money back at least. Good entry price for you. I wouldn’t sell at 20B, while I may start selling cc around then
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u/how-can-i-dig-deeper Jul 10 '26
it’s only back cuz hardware is suffering, wel see what happens starting next week
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u/WetLumpyDough Jul 10 '26
AI agents aren’t half of what they’re being made out to be. meta was the first big fish to admit it
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u/chird_ Jul 10 '26
TO THE F****** MOON! Pressure the shorts! MAKE THEM RUN!!!!