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    Heavy bags


    Been holding for a couple of months. Thinking about selling outright or covered calls till it gets called away, if ever. What do yall think? Any upcoming catalyst or cut losses.

    https://i.redd.it/m7ska8ur6nlh1.jpeg

    Posted by 0nth3sp3ctrum

    29 Comments

    1. Limp_Gate6143 on

      As soon as you sell covered calls it’ll rocket past your strike price in one day

    2. REfresh619 on

      Hang in there. No point in selling at a local low. This is a generational stock holding

    10. Shoganai_Hito on

      If you’ve already been holding for a couple of months then what’s another couple of months to allow some recovery

    11. cloudy_710 on

      Not nearly as much as you but I’m stuck with some RKLB around $110

      Just gotta hold the line G. Better days ahead

    19. _AT198 on

      Where else are you going to put it? Never sell for a loss unless you have something better. With rates in question, bonds in question and earnings season behind us, I don’t see many opportunities to recover quickly, but maybe you do.

    22. TrickyDickCheney on

      If it closes August below $60 you gotta bail imo. Not a great looking chart looks to be at a critical spot could go either way.

    24. BriackYOLO on

      ASTS is easily my most painful play right now too—it’s the one bag I just can’t bring myself to dump, even though it keeps bleeding.

      My average is sitting at $87. Really hope we can claw our way back. Good luck,sir

    26. uncreative_user_321 on

      don’t sell and most definitely do not sell cc right now. selling calls when share price is at the bottom is the stupidest shit you can di

    27. hookahsmoker69 on

      Don’t sell CCs right now, it’s bound for a bounce along with other space names

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