On the sage advice of this forum I have been buying substantial numbers of put options on Broadcom stock and as of today I’m officially ruined. Wiped out to the tune of half a million dollars. How do I tell my wife? How can I look my children in the eyes? I thought since you all seemed to know the ins and outs of VMware and all the tech stuff around it that you’d be smarter. Any future stock predictions that I can take the opposite side of to make some of this back?
10 replies (most recent on top)
Double down - short Nvidia
Small part? VMware? 40% of revenues? I guess the bubble economy has made VMware small.
The OP is a well known pathe..tic Broadcom HR POS.
@c2 You put half a million betting against an AI stock and your DD was internet chatter from an anonymous forum focussed on one small part (VMware) of a $1.7 Trillion company?
Here's my advice: buy all the AVGO that you can and wait a year. The simplest move you can make. It's hovering at $400 and will be $600 by then. Remember, this stock split 10-for-1 just the other year. All it does is win win win win. So bet on that and you will too!
You full of it. If anything this forum is filled with majority avgo lovers bragging about holding their sweet sweet vests while they double over and over. Who the h3ll would bet against this stock after taking a simple glance at its chart for the last TEN YEARS?? If you're not bs, you got what you deserved, so tell your wife that.
Only invest with money you can lose.
@bb c’mon maaaaaaan. You guys have been saying for years now that the stock was going to $100 or even $50 dollars. Don’t tell me I was the only one with the guts to put my money where my mouth is. I just thought all the geniuses on this forum couldn’t be wrong.
You are ruined as you have too much free time to make up BS.
And tell your wife HT f’d you up the áss.
What sage advice? No one here said anything about buying put options. Has to be the worst sh-t post I've ever seen.