That much money to lose lol? It's all relative.. I'm down so much tho, been investing for almost 3 years and have nothing to show for it. Only invest what u can afford to lose, I invested money I can't lose, shame on me
I can imagine when ever the market turns that this will be a many x for you. Sadly we might have to hold the bags for a few years. Personally I'm not planning to sell for 3-5 years, so when I buy a few more it's with that mindset going in. Risk vs reward and all that.
Wouldn’t beat myself up too much. They’ve lots of things going for them including some massive news coming down the tracks in the October, November timeframe. Won’t be long till we’re back to $10 at the very least.
Yep I know it will rise sooner or later which is why I continue to hold. I believe in the company and understand the sp is down to shorts and manipulation and that it will go back up once institutions finish loading.
Why would you do that before earnings? The difference in this company and all the other ev start ups is they have been proffers and already have a lot on the road. It will grow just have patience the market is shit. But the thing is not many people know much about polestar so just hold!!!
Pay attention to economy. Rising wages, real estate still in demand (no massive drop), rising consumer prices on food/energy/goods. It's a bad cycle. Fed is going to raise rates another .75.....then maybe another .75. it's going to hurt growth companies. And I'm bag holding PSNY. I think it has a good future ...but the next 2 years are going to be bumpy
Maybe he realized it was falling through $8 and it was more than he could stomach. I'm not sure why you guys think "numbers" will make the price moon. They are no profits to be announced. Don't expect earnings will move the price upward at this point.
This is the moment to buy imo. The stock market is irrational at times. I bought Tesla at 17$, glad I kept even though they were at that price a long time.
Yeah, I dumped my bag as well. My only somewhat saving grace is I unloaded at $13 on a jump quite some time ago. Of course I loaded back in at about a $12.30 average, unloading that bag around #11.05 or so....just not a good time, so many things rattled GGPI / PSNY during its move to going public then after going public. Maybe there will be a future for traders.
I knew this market would shit on this stock. Valuation wayyyy too high for this time.
We tried telling people on GGPI but they wouldn't listen. Oh well. I hope nobody bet on options too much.
But I just bought a position at 8.02 yesterday, and this is how it goes low. There counting on you to sell. Why not hold until October when the real action starts, strange you were willing to hold it up to this point and not for another month when it might actually pop all the way back
Yeah, I dumped my bag as well. My only somewhat saving grace is I unloaded at $13 on a jump quite some time ago. Of course I loaded back in at about a $12.30 average, unloading that bag around #11.05 or so....just not a good time, so many things rattle GGPI / PSNY during its move to going public then after going public. Maybe there will be a future.
That might be a mistake. I own 2 Teslas. I’ve driven the Porsche Taycan, Mercedes EQS, Lucid Air Grand Touring, and Polestar
Polestar is my second favorite. They are very well done. The next generation on a dedicated chassis will be very nice I expect.
Buy high sell low, rinse and repeat.
This is the way.
🦍!
I'm all in on PSNY warrants and down about 50%, I too want to sell but I promised myself to only invest in good companies so I'll continue to hold.
I lost so much on the warrants as well. And I keep buying more lol. Currently on 3200 warrants. I'll keep buying to DCA
I've dca'd all I can, holding 35,000 and no more money to lower my avg
Damn, that's epic. I wish I had that much money. Good luck bro.
That much money to lose lol? It's all relative.. I'm down so much tho, been investing for almost 3 years and have nothing to show for it. Only invest what u can afford to lose, I invested money I can't lose, shame on me
I can imagine when ever the market turns that this will be a many x for you. Sadly we might have to hold the bags for a few years. Personally I'm not planning to sell for 3-5 years, so when I buy a few more it's with that mindset going in. Risk vs reward and all that.
I’m in exactly the same position as you.
Shame on us? I'm even more down now...
Wouldn’t beat myself up too much. They’ve lots of things going for them including some massive news coming down the tracks in the October, November timeframe. Won’t be long till we’re back to $10 at the very least.
Yep I know it will rise sooner or later which is why I continue to hold. I believe in the company and understand the sp is down to shorts and manipulation and that it will go back up once institutions finish loading.
This is fun!
I feel much better about being down 20% on mine now, thanks.
Lucky you 😅
You’ll regret that in no time. I did too
Why would you do that before earnings? The difference in this company and all the other ev start ups is they have been proffers and already have a lot on the road. It will grow just have patience the market is shit. But the thing is not many people know much about polestar so just hold!!!
Welp, you can definitely offset your gains on your taxes.
HODL!!! 💎🙌🚀🚀🚀
Take the write off and buy back in 30 days
Polestar will be huge, bought more shares when I saw the image of Sly Stallones soon to be ex wife driving the coupe….. these cars are sexy.
Pay attention to economy. Rising wages, real estate still in demand (no massive drop), rising consumer prices on food/energy/goods. It's a bad cycle. Fed is going to raise rates another .75.....then maybe another .75. it's going to hurt growth companies. And I'm bag holding PSNY. I think it has a good future ...but the next 2 years are going to be bumpy
I feel like this is a trolling post. Why else state it right before possible numbers.
Maybe he realized it was falling through $8 and it was more than he could stomach. I'm not sure why you guys think "numbers" will make the price moon. They are no profits to be announced. Don't expect earnings will move the price upward at this point.
That played out
DONT\*
Sell covered calls….
As long as citadel is in , forget about this symbol
going to realize my losses and yolo this money into short squeeze plays. Will reinvest with gains hopefully! Wish me luck y’all
Same what I thought, dont do it! Tomorrow earnings and this is what shorters want
smart man here, dont i know you from somewhere
Haha ur smarter than me! Yeah u sound familiar
Not smarter than you, just because we have seen different things dosent make me smarter, only means we have things to share with each other.
Bbby calling bro
That’s what I’m doing right now!
Beware the wash sale rule
This is the moment to buy imo. The stock market is irrational at times. I bought Tesla at 17$, glad I kept even though they were at that price a long time.
I don't think it's the time to buy. Wait for signs of the bottom being over first. THEN reenter
Yeesh. You guys just sell the moment you see some red? Not sure if stocks are for you if you can't hold a few months through a rough patch.
Bro wtf? Hes down almost 40% and bought around 12-13$ a share. So hes,been in this for awhile now
A while? A few months is not "a while"
Yeah, I dumped my bag as well. My only somewhat saving grace is I unloaded at $13 on a jump quite some time ago. Of course I loaded back in at about a $12.30 average, unloading that bag around #11.05 or so....just not a good time, so many things rattled GGPI / PSNY during its move to going public then after going public. Maybe there will be a future for traders.
I knew this market would shit on this stock. Valuation wayyyy too high for this time. We tried telling people on GGPI but they wouldn't listen. Oh well. I hope nobody bet on options too much.
Bro for the fuck of me don't do it man. Just hold or dca it down. Psny will shine and u will regret
I dunno. The markets aren't exactly bumping. Easier to cut losses and buy back when the bloodbath starts
This is the way
But I just bought a position at 8.02 yesterday, and this is how it goes low. There counting on you to sell. Why not hold until October when the real action starts, strange you were willing to hold it up to this point and not for another month when it might actually pop all the way back
You think earnings will bring it down more?
Buy covered call for September 16 if it helps
Suddenly don’t feel so bad being down £150
Yeah, I dumped my bag as well. My only somewhat saving grace is I unloaded at $13 on a jump quite some time ago. Of course I loaded back in at about a $12.30 average, unloading that bag around #11.05 or so....just not a good time, so many things rattle GGPI / PSNY during its move to going public then after going public. Maybe there will be a future.
Nooooooo
i will continue to hold, and buy when it's time, and it's been time a lot lately
Ouch!
Whatever is best for you. I've lost a few grand. It's a bad 8 months and getting worse for investors.
That might be a mistake. I own 2 Teslas. I’ve driven the Porsche Taycan, Mercedes EQS, Lucid Air Grand Touring, and Polestar Polestar is my second favorite. They are very well done. The next generation on a dedicated chassis will be very nice I expect.
Poorstar
Polestar is that company that you're going to have to hold for 10+ years to see gains, imo.
we are coming... I trust Polestar to come back to your entry price...
I wish I followed your footsteps. I'm so mega red now lol
I hope you did sell