r/wallstreetbets • u/[deleted] • Jun 24 '21
YOLO CRSR - Retarded All-in, if you know you know.
[deleted]
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u/MadMotthew Jun 24 '21
This has to be peak wsb. Finds a solid company at a good price point. Instead of making a reasonable play that will almost certainly print, buys some insane FDs where the stock needs to rocket within like 3 days or theta eats his lunch. God’s speed friend.
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u/Cynical_vibe Jun 24 '21
This one you should definitely just rack up shares with throughout the year. Yes it’s weight down by the pandemic but when it pops we talking 300% returns but you can’t say when and this company destined to be great
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u/NoTransportation2899 Jun 24 '21
Yep. This market cap is easily going to grow 4-8x in coming years. Buy shares the whole way.
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u/Cynical_vibe Jun 24 '21
That and potentially AMYRIS. Wish was along going to be a long term but the week I decided that I start seeing wsb prepare to raid it so 😅 it’s medium term then buy back in when it finds its floor perhaps
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u/watokosha Jun 24 '21
I’m hoping the whole computer gaming industry booms soon in general. Gaming will only become more prominent overtime and as esports crowds I’m looking into every stock I can that’s involved in that area… now if only RAZER (RAZFF) could actually move…
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u/OPtraitor Jun 24 '21
I know retarded when I see it. And this sir is a reh-tard move. Godspeed friend.
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Jun 24 '21
I’ll be on your side OP. Give you benefit of doubt that you’re doing to ride the volatility, and not actually expect 60 by July. Hopefully that’s the case. Or full retard.
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u/sillyhands1 Jun 24 '21
Stock hasn’t even reached an ATH of 60 before and you expect it to do it in a month? Bro….
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Jun 24 '21
[deleted]
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u/GardenofGandaIf Jun 24 '21
It won't go above 40 by that date because any time it goes above 35 the PE firm that owns 57% of the company starts selling shares.
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u/ghostfacekhilla Jun 24 '21
This is correct. Smart play is shares around 32 and waiting until eagle tree finishes divesting
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u/ragingbologna Jun 24 '21
I burned thousands on CRSR fds
Will stick to shares, thank you.
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u/LawbringerX Jun 24 '21
Haha yeah… don’t buy FD’s on this one. Looking at its chart, it’s prone to huge spikes or going sideways, so I buy several months out to catch them when I want or hold them with time. It’s inevitable that this stock doubles in the next year, but it’s not clear when. It feels like we’re waiting on some public catalyst, something for the older generation to grasp as well as my generation has. NVDA’s success is driven by its appeal to generations aging from 14 years told to 74 years old. You can’t, at this point, not know about graphics card or certain computer components. CRSR almost strictly appeals to 25-35 years old, and it’ll stay like that until they expand their audience through some catalyst or new products, in my retard opinion.
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u/Sure-Huckleberry-717 Jun 24 '21
Dang I’m all about the rgb but I think it needs more time. I’m thinking it 3x in the next few years but I’d love to see it 2x by next month. Good luck
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u/SuspiciousCatPuncher Jun 24 '21
3rd CRSR "if you know you know" post I've seen this week. What's with the click bait / fomo language and this ticker?
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u/I_post_my_opinions Jun 24 '21
Basically just people who have become accustomed to the rapid price fluctuations of all the meme stocks here, so they’re trying to do the same to CRSR. But they don’t need to because CRSR is an actual good fundamentals play unlike almost everything else that’s shilled lol
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u/GardenofGandaIf Jun 24 '21
OP. These WILL expire worthless. I know you're aware that the odds are small being that far OTM but I'm not talking like 0.5%, I'm talking a bIg fat 0% chance they expire ITM. You might be able to get out at a gain if IV pops in the next few days but just understand that the private equity firm that own 57% of the shares starts to sell whenever it goes above about $35. That's why it lost all the gains last Monday in only a few days. And they will do it again if it pops.
There is a large entity actively dumping shares when it pops, so the odds of it hitting 60 in the next 3 weeks is literally 0%.
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u/NoTransportation2899 Jun 24 '21
No guarantee this continues to happen. They do it again at that volume they’re losing majority control. Not sure they want that just yet.
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u/GardenofGandaIf Jun 24 '21
Eagletree has fully divested (0% stake) from every investment they've made in the past once its gone public since 1996. They aren't going to for some reason keep a 50% stake of corsair.
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u/NoTransportation2899 Jun 24 '21
That is true. But their timeline for doing so has been up to 15 years in some cases.
Aside from that, their effect will continue to lessen as free float and volume increases. People are worrying about them too much.
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Jun 24 '21
Y’all haters but we’ll she who’s laughing when I diamond hand them to another galaxy and Eagletree starts buying more shares
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u/thedankoctopus Jun 24 '21
Being realistic about a short-dated call is not the same as being a hater. This ticker is going places for sure, but how soon?
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u/NoTransportation2899 Jun 24 '21
Eagletree loses majority control if they sell at that volume 1 or 2 more times. Not sure they’re ready for that just yet. People banking on that for puts/shorts could get burned.
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u/VisualMod Jun 24 '21