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The premium price on AHT is still good enough that the bag isn’t as bad as it could be. I have $5 puts I sold today that are still profitable even with the tank lol. Now that I say that it’s gonna drop another dollar on Tuesday.
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Jul 3, 2021 01:34
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What will this split do to premiums for the stock? Ive sure enjoyed the extra revenue selling covered calls has provided me. But since I do not think the stock will clear $4 before the reverse split I am considering selling covered calls at $2.50 which would put my exit point around $4 depending on what premiums look like Tuesday morning.
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Jul 3, 2021 02:03
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What happens if a stock hits zero
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Jul 3, 2021 02:05
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Well, the good news is that it’s gonna be real cheap for you all to close the covered calls you sold on AHT The bad news is the same as the good news
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Jul 3, 2021 02:06
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a fatguy baldspot posted:What happens if a stock hits zero overflows up to 9999999999999999
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Jul 3, 2021 02:06
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pmchem posted:Well, the good news is that it’s gonna be real cheap for you all to close the covered calls you sold on AHT I have to admit, realizing that the guy who bought the calls from me is holding almost as big a bag as I am does make me feel a little bit better.
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Jul 3, 2021 02:16
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Jimong5 posted:The premium price on AHT is still good enough that the bag isn’t as bad as it could be. I have $5 puts I sold today that are still profitable even with the tank lol. Now that I say that it’s gonna drop another dollar on Tuesday.
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Jul 3, 2021 03:20
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Uranium 235 posted:how are they profitable? you sold the december puts? I just checked and they're worth like 2.20 each, so the breakeven for someone to execute would be around 2.80. They're right on the edge of remaining profitable.
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Jul 3, 2021 03:50
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Ror posted:I just checked and they're worth like 2.20 each, so the breakeven for someone to execute would be around 2.80. They're right on the edge of remaining profitable. all the earlier dated $5 puts were sold at prices that could not be profitable based on the after hours share price of ~2.90 Uranium 235 fucked around with this message at 04:58 on Jul 3, 2021 |
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Jul 3, 2021 04:56
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Everyones Favorite Poster posted:snagged 150 shares @ 2.94 so expect it to drop under 2 any minute now  but @ $2.88I have a limit sell set for $3.88 on the random off chance it spikes Tuesday 
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Jul 3, 2021 05:06
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It’s gonna spike right? It’s clearly undervalued. I have not read any articles linked and I will not be reading anything that talks about splits or ratios or whatever. Thanks
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Jul 3, 2021 06:43
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a fatguy baldspot posted:It’s gonna spike right? It’s clearly undervalued. I have not read any articles linked and I will not be reading anything that talks about splits or ratios or whatever. Thanks I also will not do any research beyond what's already been posted in this thread: There were 103 million shares outstanding on March 11. (Share price was $3.15 on March 11.) They are issuing an additional 47 million shares. See you at $2.10! (Hey, I like that NDRA symmetry!)
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Jul 3, 2021 07:08
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pmchem posted:AHT and IVR are exercises in bagholding at this point, look at their P/B, market cap, and assets / liabilities histories on macrotrends 
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Jul 3, 2021 08:44
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Wifi Toilet posted:I also will not do any research beyond what's already been posted in this thread: Then the split I think you mean see you at $21 that bleeds down to $15.
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Jul 3, 2021 10:48
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Geez, glad I bailed on my AHT at 9% loss.
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Jul 3, 2021 13:35
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Uranium 235 posted:how are they profitable? you sold the december puts? I looked at the closing price not the AH price, they are for Aug @$1.55, so about $0.50 down at this point. Probably just dumb bag holder logic but I don’t think much has changed for a medium-long term hold, reverse splits are bad optics but don’t actually change equity, and dilution is bad but is either going to be used to decrease liabilities or lower the deficit in equity on the balance sheet. Looking at another reverse split at the height of covid doesn’t mean much, it’s always been about them generating revenues post reopening.
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Jul 3, 2021 14:35
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paternity suitor posted:Why is the thread so horny for AHT, looks like a re-opening trade stock 4-8 months too late? They owe a ton of money and are diluting like crazy. This isn't a new thing, AHT has been going wild with share dilution for while Issuing 47M shares, lmao that's like 20% of the current outstanding shares This is where you cut your losses if you haven't read all of the flashing red signs to date
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Jul 3, 2021 14:39
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Jimong5 posted:I looked at the closing price not the AH price, they are for Aug @$1.55, so about $0.50 down at this point. Dilution is literally taking your money as a shareholder, yes, it's bad
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Jul 3, 2021 14:41
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I mean dilution when done right should be beneficial to both the stock price and the shareholder value. In reality it usually means the company can't finance their debt why other way though.
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Jul 3, 2021 15:12
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IG-88 posted:How does this even happen? Why is this legal? ^^^new thread title
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Jul 3, 2021 15:16
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ranbo das posted:I mean dilution when done right should be beneficial to both the stock price and the shareholder value. In reality it usually means the company can't finance their debt why other way though. Basically this, like buying back preferred shares is something that you can’t really collateralize. A short term common stock hit to stop bleeding preferred dividends in arrears seems like one of those ok situations. Or paying off a particularly awful loan might lead to quicker profitability and reinstating a common dividend sooner. Or maybe it’s all to loot to corpse and leave everyone with the bag. It is gambling after all, it’s just pretty much the same bet it was last week. Wait 3-6 months and collect premium. If anything the reverse split might lead to a more robust options market with a better variety of strikes.
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Jul 3, 2021 16:19
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paternity suitor posted:Dilution is literally taking your money as a shareholder, yes, it's bad Yup. I've been big on AHT since it was sitting at $2.00. I've been in and out a few times due to getting assigned on covered calls. Due to luck more than anything I won't be taking that big a loss here but the writings on the wall. It's time to get out folks. Even with the reverse split further dilution is going to ensure this isn't a $50 stock. Or a $40 stock. Not even a $30 stock. It's time to get out before this gets worse because it won't be getting better. If you think hotels are still a good play there are better places to put your money. As much as it hurts eat the loss and move on.
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Jul 3, 2021 16:42
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Tokyo Sex Whale posted:AHT’s management company, AINC, does not have a good reputation for managing their REITs to benefit owners of the REITs. I haven’t taken a deep dive or anything but this is something you should pay attention to when you’re looking at MLPs or externally managed REITs. I wish I had read up on AHT in depth because it's a coma victim AINC is sucking the blood out of. I can't find all the letters consolidated anywhere but if you google "Cygnus Capital" Ashford there is a world of discovery out there for you. AHT's diluting like mad while paying AINC and other AINC subsidiaries huge advisory fees on every refinance/offering in addition to the management fee to AINC (I can't find how much this actually is but I think it's gotta be at least like $7.5 million/month based on S&G ratio and market cap in 2017) plus about another million a month to another AINC subsidiary to manage their hotels. I'm putting BHR on my watchlist to short after the pump and dump rotates to that one.
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Jul 3, 2021 17:25
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Are there any good resources to look at for previous reverse splits or any advice people care to give? I was looking to get out of AHT once my latest calls were jettisoned, but bagholded right into this brick wall of a split. I’m just wondering/hoping there’s some bounce on tuesday to sell at. I’m not sure if I should even be trying that at all or just cut the loss at open.
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Jul 3, 2021 18:12
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Lesson from AMC - always keeping holding because it will just keep going up! Lesson from AHT - never keep holding sell the moment it spikes!  I shouldn't be that salty I'm gonna walk away with good profits on both but still I left about half the money I could have made on the table in each case. I get the fundamentals part of it with AHT now and thanks again to those who pointed it all out in this thread. Was there any similar way to see that AMC was going to keep going up (I'm talking about from like the 25 to 50 range here)? Or was that just pure irrational memery?
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Jul 3, 2021 18:24
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Pure irrational memery
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Jul 3, 2021 18:43
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live by the meme, lose by the meme
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Jul 3, 2021 18:58
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Tokyo Sex Whale posted:I wish I had read up on AHT in depth because it's a coma victim AINC is sucking the blood out of. I can't find all the letters consolidated anywhere but if you google "Cygnus Capital" Ashford there is a world of discovery out there for you. AHT's diluting like mad while paying AINC and other AINC subsidiaries huge advisory fees on every refinance/offering in addition to the management fee to AINC (I can't find how much this actually is but I think it's gotta be at least like $7.5 million/month based on S&G ratio and market cap in 2017) plus about another million a month to another AINC subsidiary to manage their hotels. this is kind of amusing because AINC is another microcap with negative book value and negative income. what kind of shell game is going on here? finviz claims AINC's forward p/e is 6, but, in the last 5 years it has only had 2 quarters with positive earnings. there is some pro-level grifting going on somewhere in all this
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Jul 3, 2021 21:04
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It’s depreciation, one weird trick to lose money without losing money.
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Jul 3, 2021 21:39
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Uranium 235 posted:have you guys tried not bagholding? I got in at $5.70 and out at $6.17 in a small enough position where I didn't make any significant money from the trade, but at least I'm not holding AHT!
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Jul 3, 2021 22:56
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pmchem posted:there is some pro-level grifting going on somewhere in all this mods please etc.
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Jul 3, 2021 23:46
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Can someone just give me some new stocks to start bag holding for starting next week? Paging @pmchem.
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Jul 4, 2021 00:21
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Hopefully AHT doesn't plummet even further in pre market Tuesday before I sell. Oh well, onto the next loss.
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Jul 4, 2021 05:01
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All the people who dont have access to AH trading or werent paying attention Friday evening are going to be lined up to sell. Its going to be a bloodbath.
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Jul 4, 2021 05:27
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dipwood posted:Can someone just give me some new stocks to start bag holding for starting next week? It's loving bananas that DPLS was my best performer ever and it was a sub-sub-penny stock, and AMC was second. After getting rear end-blasted by AHT I need more big dumb wins. Come on. I know y'all are holding out on a stock where I can get 5000 shares for less than a new Nintendo game. Don't hold out on me. They're going to break my legs. Please.
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Jul 4, 2021 05:28
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Put money in ASPS and wait. Of course you probably shouldnt trust my advice on this topic since Im right here bag holding as well.
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Jul 4, 2021 05:29
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A HORNY SWEARENGEN posted:It's loving bananas that DPLS was my best performer ever and it was a sub-sub-penny stock, and AMC was second. RNSFF/RECAF I have a friend who's convinced these will blow up after their meeting on the 8th. RNSFF shares will at some point convert to .46 shares of RECAF, which is a Canadian oil company. Supposedly they've seen good results from their test wells in Namibia. Anyway, I bought in for a few hundred bucks just to shut him up, but if you're looking for an easy penny stock with maybe a slight chance of being a thing RNSFF could scratch that itch.
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Jul 4, 2021 05:51
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Most of you probably shouldn't do the meme stock thing anyway, just do SPY calls all the time instead. You would've been rich.
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Jul 4, 2021 09:51
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most of you in this thread have no edge and the difference in your results is just natural variance. if you aren’t working toward the specific goal of finding some kind of edge (that gives you a positive expectancy over the long run) then you’re wasting your time and money usually when someone has edge they can tell you what kinds of setups tend to work for them, what kinds of stocks they trade (what do they have in common), what timeframe they trade on, and how they will know whether their trade thesis is confirmed or negated. if you aren’t thinking about this stuff then either start doing so, consider quitting, or keep playing the slots because it’s fun and you don’t mind the cost but if you want to make money then you’ll have to figure out an edge
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Jul 4, 2021 13:15
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A HORNY SWEARENGEN posted:It's loving bananas that DPLS was my best performer ever and it was a sub-sub-penny stock, and AMC was second. Have you considered holding good stocks for the long term?
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Jul 4, 2021 14:21
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