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I am a huge bag holder. I kept buying the dip and it kept dipping. A familiar story. I had 45K shares with an average of about $5. And that is a huge amount of my portfolio. You know how everyone says don't go all in on one stock, well I should have listened.
I thought there is no way it could go lower than $2.00. Anyways, I moved from shares to options for Nov 28th at $1.50 calls. And then the stock tanked even more. I need it to go up to $2.50 to break even. If it goes up 2 cents every day for the next two months, then I am saved. As of today, that is a 1.1% day over day growth. If it goes up to $3.50, then I a genius. If it does to $4.50, then i just knocked off a decade from working. If it goes down to $1.50, then I am never going to retire. I have 820 contracts which is equivalent to 82,000 shares. Every penny it goes up, I make $820. To say that I am having a hard time sleeping because of this is an understatement. I need some good news with the star rating and a grand-slam, firework, threesome, straight A and perfect 10 earnings report. Please, for the love of whatever sky based entity you worship, please let the earnings be great!
Just had to get this off my chest. I don' t have anyone I can tell so I am telling the world!
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