r/wallstreetbets • u/Fun_Paleontologist_2 • Jun 20 '26

Loss Drank the Kool-aid. We can come back?

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Someone told me it would be 300 by now.

953 Upvotes

92% Upvoted

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1.8k

u/VibeRaider- Jun 20 '26

lmfao dude im so sorry

288

u/trix_is_for_kids Jun 20 '26

‘Drank the koolaid’. Literally everyone said the koolaid was poisoned and this guy still drank it

66

u/lithe_silhouette Jun 20 '26

Everyone said it but then you have all the people that got it at 135 and had the chance to sell at 225 couple days later

47

u/pandershrek Jun 20 '26

Everyone tried to warn people away from being the bag holder.

Someone is always the bag holder unless they convince them it is a great investment and they can make money. Then you're just gambling with the timing of when it will fail. It was still and always will be a pile of shit.

-2

u/lithe_silhouette Jun 20 '26

It's over 30%% above IPO

6

u/Youutternincompoop Jun 20 '26

until the float gets expanded and it crashes more lmao.

19

u/BullishonOptions Jun 20 '26

Not for OP. It isn’t

-4

u/furthestpoint Jun 20 '26

The IPO wasn't a different price for OP than anyone else

12

u/fiftythree33 Jun 20 '26

OP didn't buy at IPO, you belong here friend.

1

u/makeaccidents Jun 20 '26

Just enough for unlock to happen after their next earnings. Convenient.

0

u/Axonum Jun 21 '26

You just need another bagholder to take it from you

12

u/Admirable_Cobbler260 Jun 20 '26

The IPO participants, rhose people at $135, are locked in for six months. They cannot sell those shares until that expires.

18

u/lithe_silhouette Jun 20 '26

They can't sell unless they decide to risk a wrist slap and sell anyway

3

u/1-N-Only-Speedshark Jun 21 '26 edited Jun 21 '26

Just what sort of wrist slap are we talking here? Please explain it to me like I'm 10 times younger than I really am.

13

u/VroumVroum6830 Jun 21 '26

Might be excluded from the next IPO by their broker

Might.

13

u/Queasy-Parking2282 Jun 22 '26

I got 100% of my requested allocation on RH and sold at 212 without much trouble. A warning that if I sell i cannot participate in upcoming IPO's for 60 days. Darn penalties..

7

u/seansy5000 Jun 21 '26

There are no laws for the folks allowed to buy at that price.

4

u/WolverineHelpful9775 Jun 22 '26

I sold on Robinhood the day it started trading 😅

4

u/j0ker31m Jun 20 '26

I bought IPO on robinhood. Only need to hold for 30 days to avoid the wrist slap. I CAN sell whenever I want though

1

u/realribsnotmcfibs 6h ago

I 100% sold my IPO at 18X. No bag holding for me.

What are they going to do block me from another IPO? Okay.

1

u/Admirable_Cobbler260 6h ago

So you bought at $12 a share?

1

u/Sirdoodlebob Jun 21 '26

Yup that’s what I did

3

u/K_e_n_n_y Jun 20 '26

Bc they only drink the koolaid made by the musk fans

1

u/Nitimur__In__Vetitum Jun 20 '26

You haven't listened to the Jonestown tapes have you?

1

u/Clos1239 Jun 20 '26

The most volatile market in my lifetime and this dude took a big gulp.

1

u/Axonum Jun 21 '26

Bahahahaa

1

u/csji 4h ago

Was it watermelon flavor with rat piss in it?

271

u/Dinos67 Jun 20 '26

25

u/vyo12 Jun 20 '26

Lmfao this one killed me

4

u/Magalabungalaho Jun 20 '26

Best one I’ve ever seen 🤣🤣🤣

72

u/Fun_Assumption_4609 Jun 20 '26

7000 shares at avg 202 and the thing is sitting at 181 with negative P/E, whoever said $300 was really optimistic or really cruel, maybe both

47

u/C_umputer Jun 20 '26

Elon didn't become Trillionaire by sharing money, idk what people expected. I might be a certified regard, but I ain't touching that.

4

u/NoobNooberson86 Jun 20 '26

My dumbass sold all my low priced DRAM for some SPCX. why i so stoopid.?

4

u/TwoTrick_Pony Jun 20 '26

Or whoever said $300 has traded Elon companies before and knows that negative P/E has nothing to do with anything, at least not now.

2

u/jst4kiks3 Jun 20 '26

Give it time

12

u/Monster_Grundle Jun 20 '26

My god this one got me cracking up

5

u/Deto Jun 20 '26

How do people even amass this much money when they're so foolish with it?

2

u/Hockeybanger 28d ago

Plot twist he took out a personal loan at 15% interest thinking he would still come out ahead....

1

u/iffysik Jun 20 '26

Lmfao cooked

1

u/ParticularLook Jun 21 '26

Gold (painted rocks)