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Ok-Train4958 t1_j6ouj6e wrote

Sorry for your loss

30

MMWMWWMW t1_j6ouqmv wrote

Congrats on your first loss

15

MrKrustySocks t1_j6outci wrote

Atleast you didn’t buy calls imgimg

6

Silvermouse32 t1_j6ov5t3 wrote

You’ll end up losing about 20% at this rate

3

AngeredNut t1_j6ova5i wrote

Have you ever heard of the term Bag Holder?

2

K1rkl4nd t1_j6owdhz wrote

There are winners, and there are losers. You're not a winner.

2

VisualMod t1_j6oucvj wrote

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1

VisualMod t1_j6oudnb wrote

>There are a lot of terms associated with stocks and the stock market. Some common ones include "bullish" and "bearish." Bullish refers to an expectation that prices will rise, while bearish refers to an expectation that prices will fall. Other terms you might hear are "dividend," which is a payment made by a company to its shareholders, and "IPO," which stands for initial public offering.

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bettingonlife t1_j6ovava wrote

Why is snap diving? Im pretty sure its earning hasnt been revealed yet.

1

secrtive13 t1_j6ovpnq wrote

Yeah....that's unfortunate for you, lol. Dude who posted his SNAP play earlier is just as screwed.

1

caseygroovy t1_j6ow1gv wrote

Hopefully you knew about the earnings today…

1

Nova-316 t1_j6owb90 wrote

Ah yes, the first of many bag holding lessons

1

evilartnboy t1_j6owx5y wrote

So question, if I were to que up a purchase for a snap put at 9.5 Feb 10 at open towmorrow, would I have a high chance of that increasing due to the large drop from after hours trades?

1

Meat__Head t1_j6ox3in wrote

If you bought 29 shares today, another new term that you will learn and get to experience, is "Bagholding". It means that you will be holding the bag, waiting for the day that it gets replenished enough to recoup your losses.

1

OB1KENOB t1_j6ox402 wrote

You’re buying SNAP? Like, the whole company?

1

rodsterStewart t1_j6oxp3h wrote

Can't you read? OP clearly said he could only afford 29 snaps. That's like 50 sheckles I think.

1

OB1KENOB t1_j6p11k9 wrote

Here’s the joke ——-> JOKE

Here’s your head ——-> HEAD

Notice the placement of the two.

1

jetpilot87 t1_j6ox4s0 wrote

You bought right before SNAP announced their revenue growth stalled the last quarter of last year, current quarter sales declined 7% year over year, and expecting further decrease.

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ToastedButter93 t1_j6oxys5 wrote

Buying securities and holding overnight through an earnings report is straight up degenerate gambling. That being said, this one was one of the most predictable earnings losses

1