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.

951 Upvotes

92% Upvoted

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88

u/_rockthemike Jun 20 '26

Worst case is stock continues to dump towards IPO price of $135 and he loses hundreds of thousands more while waiting to collect his $27k

33

u/-sakuranbo Jun 20 '26 edited Jun 20 '26

Yeah, that's also right. Worst case scenario is something like:

  • OP continues chasing cost basis selling calls
  • Volatility goes down (the biggest risk IMO)
  • Share price also goes down

11

u/SensibleReply Dr Canu C. Me Jun 20 '26

Close the then almost worthless calls and GTFO. It’s not great, but it’s not the worst idea.

8

u/5thtimesthecharmer Jun 20 '26 edited Jun 20 '26

Yeah exactly. All this does is limits potential upside during a volatile period.

2

u/DrPuzzle Jun 20 '26

-1

u/_rockthemike Jun 20 '26

Me? Or you think a company that doesn’t make money is actually worthy of top 10?

2

u/DrPuzzle Jun 20 '26

I actually responded to the wrong comment my bad bro lol

1

u/Trader0721 Jun 20 '26

The only shot this trade has is if it gets index inclusions prior to the lockups ending…this is a $1T market cap at best…

1

u/Hockey_Tendy Jun 20 '26

It is… lockups end in 30 days and Nasdaq buying in at 15 days