I am big into $AAOI, and for whatever reason, have a lot of conviction in the optics/photonics build out thesis...
Anyways, I bought some of this shit last month at \~119 or so, then kept averaging down through the low 100s, then low 90s ,then low 80s, then ran out of cash when it hit the mid 70s.
**I now have \~1300 shares of this stock, which is approximately a ~140k Cash Position...**
1,007.438 shares in my main cash account, (106.20 average)
291.787 shares in retirement account (112.24 average)
**1299.225 total share count, (107.55 average overall)**
Think it can do some big moves or something, but maybe not. All I know is last week, when it was in the mid 70s, I was down like 40K on the position, but due to heavy option trading in my life, and heavy option losses, I was desensitized to the loss so it was chill, but it still sucked too..
In a sense, heavy option trading and the ensuing losses can be good for trading shares, cause then the stomach is trained to handle 30k 40k 50k paper losses cause at least time will allow it to recover, which as of today, I am up like 4k or something.
\_\_\_
https://preview.redd.it/n5lchiwwq8hh1.png?width=1987&format=png&auto=webp&s=76cc2207911392df8c755ad332912aa7a746fccd
https://preview.redd.it/i3xsqewwq8hh1.png?width=1950&format=png&auto=webp&s=68a89117611d16fa7c33a908e3fb51d92beb28de