u/FuckingJPMAlgos

You may recall I had posted 5 days ago that I am selling all my INTC and getting out.

Well just as I pressed the post button I got a call from my boss about an urgent situation.

Spent the whole day trying to fix that and ended up forgetting about closing my INTC.

Just got a notification that my INTC position is up 5% today and I realized that I never closed my position.

Wow my boss saved me from making regarded moves!

Taking her to lunch at a nice place on Friday, but not going to tell her what happened.

https://preview.redd.it/ulmj2wdp8c2h1.png?width=1416&format=png&auto=webp&s=722f51dd2953c287e1ce98f19d364cbcb3a9a5a5

How bad is the recession going to be that they have to move the IPO from December to June?

Sell everything, cash is king!

https://preview.redd.it/yhc6k742fb2h1.png?width=607&format=png&auto=webp&s=ecb9b34f684767877e1edbe248ebf591bb27f450

I laughed non-stop for 5 straight minutes.

https://preview.redd.it/g13a6vhdxb1h1.png?width=1434&format=png&auto=webp&s=30501d6d8ab21bb32b821aeeac59a623a535228e

Fuck this shit, its only going down from here.

Selling all my stocks and deleting the app.

See you next year boys.

https://preview.redd.it/e6s3v6adtbyg1.png?width=1445&format=png&auto=webp&s=5e66ed874e5e147043fb4b90853bbbc5d7077c10

To the regards wondering where this thing is headed - $400.

When momentum is so 1 sided, usually you continue the momentum for many months i.e. it does not get over in 1 month.

Even with this momentum P/S is only 8, whereas NVDA P/S is 24.

Ignore the P/E cause it had EPS of $5 just in 2019, so if you ignore the temporary losses this thing is still easily a P/E of 20 which is not at all regarded.

Its not at all over valued, its just doubled in 1 month that is why it feels over bought.

Meanwhile SNDK has 20x in 8 months.

If you want to play it safe, buy 100 qty stock and buy 1 $90 put expiring Jun. That way you lose max 15% but upside 300% potential.

PS: Buy buy buy you retards, I will tell you when to sell. This is not financial advice, this is retard advice.