There's also such a thing as "priced in", which is implicit in the public nature of financial statements. Things don't stay undervalued for long. Something unforeseen has to happen in order for you to hit it big.
The market in fact cannot stay irrational longer than I can remain solvent. I will watch my TSLA short position go to zero before I take a loss. Time to quadruple down on TSLQ
Well I cannot refute this success, shortlived though it may be.
You're new, so I'll go easy and not rage like I normally do. I am glad your strategy is working out for you, I wish you the best of luck in the future.
But get out and stay out of these wildly risky plays stranger. Only heartache for those without a chair when the music inevitably stops.
Cheers! 🥂