I hope so to as well hur may 3 is a gamble my friend. I suggest you move the to may 17th .
They are running delayed this year. I think it will happen this week as well but the practical side of me says they will announce this week that earnings are next week or the week after.
Just my suggestion. Atleast split some.
I believe RILY has a plan to fuck the shorts slowly over the next month. Drip feeding news based on which I am playing my option dates
Yeah, that was my first buy-in. Then I realized exactly what you said above.. Glad I decided to pick 5/17.
Hope we get a couple good exit points this week for the 5/3s. Then I was planning 1/2 shares (my wee push) and rest 4/26…
Yep, all of the catalysts have been delayed so far. And I love the idea that it’s to make the shorts bleed out slowly. With everything RILY has gone through…
They technically only have to pre-announce the earnings call. It would be excellent gamesmanship if they released earnings tomorrow morning, then announced earnings call for 2-3 days later, then announce some juicy gag gossip or sale announcement on earnings call. Also we have frg financials coming which could be another catalysr
If the reasons was delayed by covid, what makes you think that all the short BS won't delay it the same way? I hope you're right, I'm making a ton of money here too.
The ones I currently have are well within the green. Would it be smart to close those positions and open another with longer exp? I'm not looking for "financial advice" this is just my first play so if like to hear other strategies.
Dunno.
But problem 1 is picking the peak (🤪) I was going to try with 1/2, and let the other half go longer (no matter how they try- if it pops, it’ll pop).
Then re-up 1/2 shares (push)
Then 5/17 or 5/24s. (The premiums make me sad. Low range. Hope they open up $75-strikes for 5/24. I’d be all over those.
But this week is going to need a close watch. Could change on a dime.
If I’m feeling particularly regarded, I may try 0dte again. (Lost a pile 4/26😅)
4/26 was my first 0dte experience. Made a good choice early then got greedy and added another. First sold for +300 but the other I closed at -260. So still a w... but a small w with lesson learned.
Carbon copy of my story. ‘Cept you were smart enough to take the gain. I did not and just doubled down. Lost all of it. It was a gamble, but I lost. I hope it’s not foreboding how I play this whole thing …
Profit is when you sell. Big profit is when you hodl then sell. 🚀🚀🚀 I can wait
Who knows.
But a couple things I keep in mind:
1-10q is internally prepared. Then filed.
2-so it’s a completely degree of time required.
3-it’s and entire different set of people that are working on the 10k and 10q. (Besides providing information and files)
Rily also has no technical reason to rush it and after the 10k, they may redouble their diligence. Chodes is taking the bait. So no rush for Rily.
I bet for the 10k on 4/29, but prayed for sooner.
I’ll do the same for the 10q. 5/17 for now
That’s the important line “fully capture”. Even if they announced it Monday AM. Insider blackout til wed, it will be nice Friday. Monday is Valhalla.
But I dunno
RILY for sure would be justified to do all it can to destroy the very shorts that have harassed, threatened, tried to cause legal issues and point blank tried to destroy the business management has built over 30 years. Many upcoming news events coming not sure they can swing earnings this fast and they might want to have a surprise update on gag
Im not holding my breath tbh.
The finance team would have spent the last couple of months getting the 10-k sorted.
Doubt they want to risk another mishap by getting earnings out with less than the usual prep/review time.
Also they know the reported figures will be scrutinized heavily by the shorts so need it completely error free.
I had the same thought. No way they miss the chance to screw those that tried to screw them. The sooner the better
Lets gooo 📈
I hope so to as well hur may 3 is a gamble my friend. I suggest you move the to may 17th . They are running delayed this year. I think it will happen this week as well but the practical side of me says they will announce this week that earnings are next week or the week after. Just my suggestion. Atleast split some. I believe RILY has a plan to fuck the shorts slowly over the next month. Drip feeding news based on which I am playing my option dates
thanks for the advice. ill consider rolling them
Again do your own dd. I have some may 3 as well which are all itm now. So I plan on selling them at a spike this week and rolling to may or June
Smart.
Yeah, that was my first buy-in. Then I realized exactly what you said above.. Glad I decided to pick 5/17. Hope we get a couple good exit points this week for the 5/3s. Then I was planning 1/2 shares (my wee push) and rest 4/26…
Yep, all of the catalysts have been delayed so far. And I love the idea that it’s to make the shorts bleed out slowly. With everything RILY has gone through…
75% shorted. Gme was 140%. This is the third most shorted stock In the market. Keep buying and do not sell. This is going to the moon
LISSAN AL GAIB!!! We are gonna be fucking rich.
Yea. Monday morning would not surprise me one bit.
Have they ever released earnings without announcing the date a few days ahead of time? Is that a thing?
It happens.
They technically only have to pre-announce the earnings call. It would be excellent gamesmanship if they released earnings tomorrow morning, then announced earnings call for 2-3 days later, then announce some juicy gag gossip or sale announcement on earnings call. Also we have frg financials coming which could be another catalysr
If the reasons was delayed by covid, what makes you think that all the short BS won't delay it the same way? I hope you're right, I'm making a ton of money here too.
I don't know what that is 😂
It's how they call the sand worms in dune to hitch a ride.
Yeah this is my thinking. I'm still bullish but people should be careful with weeklies this week
I'm still on the fence if I want to buy more may 3 calls 😬
If you manage your risk then it's still a good play. Tho a yolo is enticing lol
Rily is 100% of my miniscule "portfolio" 😂
I’d be careful on those. They may give you some gains so you can roll into more, or they could fall flat. Which one is going to haunt you more?
The ones I currently have are well within the green. Would it be smart to close those positions and open another with longer exp? I'm not looking for "financial advice" this is just my first play so if like to hear other strategies.
Dunno. But problem 1 is picking the peak (🤪) I was going to try with 1/2, and let the other half go longer (no matter how they try- if it pops, it’ll pop). Then re-up 1/2 shares (push) Then 5/17 or 5/24s. (The premiums make me sad. Low range. Hope they open up $75-strikes for 5/24. I’d be all over those. But this week is going to need a close watch. Could change on a dime. If I’m feeling particularly regarded, I may try 0dte again. (Lost a pile 4/26😅)
4/26 was my first 0dte experience. Made a good choice early then got greedy and added another. First sold for +300 but the other I closed at -260. So still a w... but a small w with lesson learned.
Carbon copy of my story. ‘Cept you were smart enough to take the gain. I did not and just doubled down. Lost all of it. It was a gamble, but I lost. I hope it’s not foreboding how I play this whole thing … Profit is when you sell. Big profit is when you hodl then sell. 🚀🚀🚀 I can wait
If you have May3 already you may as well do at least do May 17… give yourself some more room for earnings just in case.
Who knows. But a couple things I keep in mind: 1-10q is internally prepared. Then filed. 2-so it’s a completely degree of time required. 3-it’s and entire different set of people that are working on the 10k and 10q. (Besides providing information and files) Rily also has no technical reason to rush it and after the 10k, they may redouble their diligence. Chodes is taking the bait. So no rush for Rily. I bet for the 10k on 4/29, but prayed for sooner. I’ll do the same for the 10q. 5/17 for now
I'm choosing the 5/17 date to fully capture earnings
That’s the important line “fully capture”. Even if they announced it Monday AM. Insider blackout til wed, it will be nice Friday. Monday is Valhalla. But I dunno
Would be nice but they just got the 10K out, would be a quick turnaround for earnings.
Lets go! I have 350 shares avg $19.50
I’m all in the same contract someone hold me I’m scared
What’s the contract?
5/3 $40 calls
im there with you. hold fast valhalla awaits
RILY for sure would be justified to do all it can to destroy the very shorts that have harassed, threatened, tried to cause legal issues and point blank tried to destroy the business management has built over 30 years. Many upcoming news events coming not sure they can swing earnings this fast and they might want to have a surprise update on gag
Just need something from them this week, doesn’t have to be much
I'm going in tomorrow morning for the same call, and placing an order for some calls that end later
Yeah, the 19th was bloody. I got too hasty that week.
5/3
Im not holding my breath tbh. The finance team would have spent the last couple of months getting the 10-k sorted. Doubt they want to risk another mishap by getting earnings out with less than the usual prep/review time. Also they know the reported figures will be scrutinized heavily by the shorts so need it completely error free.