South Platte said:
GeorgiAg said:
South Platte said:
Everybody is talking about cashing out on BBAI, buying back in after it drops. Why is nobody talking about buying this stock? I've cashed out of stuff today too, so no judgement.
How many of us sold PLTR after booking a 50% return at $11? I know I did. Maybe we should buy more BBAI?
I'm having sellers remorse right now.
I just bought 1000 more. Averaged up to $8 now.
Do we believe in this stock or not?
Right now it's completely riding momentum from a relatively small buy from a slimy politician and a good report from one of its projects at the Nashville airport. If she were that sure that it was a PLTR-like wealthmaker, we would have seen a much bigger buy in when she did.
Add to that the ridiculous volatility from the last couple days and it's a crapshoot at this point where it goes next.
That said, I will probably continue to sell some covered calls a good bit OTM to make a little extra and I won't cry if they get exercised. If BBAI pops through the trend line that it hit its head on today and holds it for a few days or a week I may add to my shares even at the higher prices. But I am in wait and see mode on that.