FA

Acceptable-Jacket567

Fire the shill FA

Euphoric_Box_3451

I’m looking to add to my SLS position. Going to buy more shares. Personally it looks good. Shorts are drowning trying to keep it down. I think 7-15$ pre buyout. Not FA

Michael_J_Scarn

You have lots of options. You should probably consult your FA (Footwear Advisor).

Expert-Beat-3598

You may be right depending on the year. This year my gains are over $200K and I have only a $4K taxable realized gain. My bonds are in IRA and my entire taxable brokerage account is VT. If I scale this up, it was always be a very small % of my assets to not care about. I hire a FA hourly every now and again for a health check and/or if I have a specific transaction I don’t want to screw up. That is $$ well spent. Simple accumulation though in my eyes is simple whether it’s $10K or $10M.

EnvironmentalEnd7062

I like the thought but probably further away than we think especially in cities. There’s lots of FA guidelines and restrictions that are hard to clear. I think Amazon is a good play and I would look up what companies manufacture drones or even main components for drones.

siamonsez

The terminology around investing is clear as mud, a word will have a very different meaning depending on context. Growth, for example, can refer to the proportion of equities to less volatile asset classes when referring to a portfolio or allocation. Anything over like 70% equities would be considered a growth allocation, so 100% schd would be a growth portfolio and so would 100% nvda or 100% vt. Growth can also refer to the opposite of value when classifying equities, where the grpwth/value scale refers to the current price relative to the current value of the stock. A growth stock is one that's trading above what it's currently worth. Colloquially people might use growth to mean "not dividend focused" but that's technically inaccurate. No dividend focus would be a neutral position, so any broad equities allocation, but a growth fund like schg is focused on the subset of the market that's classified as growth. If you tell a FA you want to focus on growth they'll assume you mean more exposure to equities and since that would be the default anyway after talking about your savings goals and timeline they'd take it to mean you want a greater exposure to equities relative to what's appropriate for your goals. When you see a comment that at your age you should focus on growth it's based on the assumption you're talking about retirement savings and therfore havd a very long timeline, and in that context a dividend focus is pointless since reinvesting dividends is the same as if there was no dividend. Focus on growth doesn't mean a growth fund, it means do what's most likely to lead to a worthwhile return over that timeline. Since a neutral position in the weighting of equities is more predictable it's more likely to lead to a worthwhile return in the long run. Any bias widens the range of outcomes so there potential for a higher return, but also a higher likelihood of a lower return.

Background_Body9058

Smart people cut loses at 30%, real traders like OP cut there’s at 95%.. go big or go home. Certified method from Warren Buffet. FA

Any-Love-6016

Not now ..but could be wrong not FA and do your own DD...

AngusMeatStick

I'm not an accountant or a FA, but I would sell enough to offset the 50k and no more, because I don't think you can refund more than 1500/3000 of regular income based on capital losses. Then you would conceivably owe 0 in capital gains tax.

Better_Passage2581

I'm an FA and we don't do any of this.

johnnyshots22

You're not too late man. This is only the beginning. Not FA but watch if you don't buy.

PTTCollin

I mean I think it's technically like 1.2% or something but it's still ridiculous for what it is. But the direct answer is "a friend who's trying to become an FA with Edward Jones".

PTTCollin

I mean that's one year at 1.5% FA fees. Feels like all of the services people have talked about can be bought at a high quality for less than that

CostCompetitive3597

Diablo is obviously a FA trying to defend their poor advice, even criminal at times. That has been my experience with every one of them. Client be ware!

Remarkable-Grade-108

Let me guess your FA works for JPM

15Sierra

I’m on my 30’s and have had the same FA since I was about 26-27. Could I do a lot of it on my own? Sure. Could I get the same returns without spending a ton of time on it? Not as likely. For me it’s more about the fact that when I’m managing my money, there is more emotion to it and I’m scared to lose, where when he does it, I’m not emotion with it. Just watch it grow. As long as he continues to get me similar returns, it’s worth it to me. Just shy of 12% since inception FWIW.

CloudAnchor2021

are you saying this JP morgan growth SMA is not geared towards tax loss harvesting and so it doesn't make sense why my FA is recommending that?

CloudAnchor2021

Thanks. How do I find this? Ask the FA what are the diverse choices of SMA his office offers? "SMA isnt bad but I would look into how diverse of SMA choices ur advisors firm is offering. If they only offer only a little, I have no confidence they work with high quality portfolio managers."

CloudAnchor2021

I did ask my FA if he's fiduciary and he said Yes. How do I verify it?

theindus

What’s the purpose of a SMA that tracks an index besides generating fees? Just buy the lowest cost index etf. The FA should advise on allocation, tax impact and which etf to buy. Imho this is poor advice for OP.

bigwinw

You should not have a FA for $100k.

austinvvs

At that point isn’t having a tax accountant more important rather than a FA, respectfully?

cazaaa11

Okay FA here and the answer to this here is that it really depends. The fund that you posted doesn’t reflect what you are actually potentially buying into, SMAs do not have fund symbols but rather fact sheets that recount historical performance figures. Here is the one for the strategy they are positioning: https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/smas/ga-sma-presentation.pdf Historically it has pretty decent returns before fees, after fees not so much. The problem here though is that these products more often than not cannot include returns net of tax impact like through tax loss harvesting or tax costs for making trades and incurring the capital gains. I can see how this strategy could be appealing if it is a direct indexing strategy that accumulates lots of capital losses that can be used to offset capital gains from selling stock in the future from your employer while maybe even funding the strategy using that stock, and selling it gradually over time. Do not hire an FA for just investment management. You hire someone as an FA for retirement planning, tax management, investment management/asset location work, and estate planning wrapped into one.

DocInABox33

Except that most people who claim to be “financial advisors” don’t offer any of the things you correctly stated that go into financial management. Most are just brokers, even the fiduciaries, who only want to focus on the asset management part. They don’t even know about other strategies like the inflection point of doing Roth conversions, tax management (they always punt to the CPA even when things like holding a MLP with Unrelated Business Taxable Income in a retirement fund creates a tax nightmare). I do think a certain type of FA, namely those that pursued the Certified Financial Planner (CFP), is probably what you were saying a financial advisor provides. In other words, all CFPs are financial advisors but not all financial advisors are CFP. CFP gets specific training and have to pass standardized tests for all those activities you mentioned we’re value add.

zilchgoose

That’s not low. It’s $350 annually on $100K not including your FA portion of advisor fees based on your AUM.

herEnron_Addict_CPA

Then educate me cause clearly I’m ignorant. Is it fair to say my first objective should be to max out my 401k and ROTH IRA? Those together would be $32k annually? Even before maxing those out I should have some type of emergency fund. So let’s say that rounds that out to 40k total of investments/savings. This isn’t even considering if someone has any debt they owe. 2/3 of people make less than 60k annually. I’m not saying FA are sharks. I’m asking how a large portion of the population even have something worthy of a FA to look at?

PTTCollin

This is actually a very helpful answer, more than I've gotten in most places. As someone who doesn't have a family, the estate planning part is uninteresting to me. Government can have my money when I die, whatever. But I am very interested in how you get cap table access to private companies. No FA I've spoken to has ever had that access -- where should I be going to have a conversation with those people?

Gotta_Gett

How is an LLM going to call me up to sell some overpriced product like a FA?

DrXaos

The issue the FA addresses is not knowledge, which is free, but emotional distance and stability and the ability to say no to idiotic ideas.

RookieMistake101

Id say it’s pretty tough to forgo a FA at 5m and extremely difficult at 10m. You start to run into a host of problems around this point. Estate planning, family guidance, gifting, private placements, investments in concert with your taxes.

FourthShifter

At that funding level, they should be able to direct index and be tax efficient, especially if this is mostly non-qualified money. If you’re trying to unwind company stock, taxes are the real issue. Either you harvest losses to offset gains over time, or you eat a big tax bill. A properly run SMA/direct index should let you diversify gradually. Beyond that, the value should be diversification across market caps and styles, plus selective active management where it actually makes sense. Reducing volatility matters long term—if you drop 10%, you need more than 10% to get back. Rebalancing in a tax-efficient way also helps reinforce buy low, sell high. All that said, you should raise this directly with your FA. If they can’t clearly explain how they’re using tax efficiency and direct indexing to reduce single-stock risk, they’re probably not adding much value.

CloudAnchor2021

Putting aside all the advices here asking me why I'm asking question here when I've a FA (not going to waste my time answering those)... Sounds like majority here is saying, fire the FA and build that portfolio using low cost ETFs, mix of VTI VXUS QQQ VOO IWV. For those that think I should keep my FA, what do you think are the advantages of the SMA over these low cost ETFs? Appreciate your insight.

Eazy-Eid

And this active investment vastly outperformed your passive suggestion over 5 and 10 years. Passive investing is great as a "set and forget", but asset allocation matters and that's where an FA and active management can shine. And make you way more money.

RookieMistake101

Partly right. FA here. It’s way more about financial complexity than total assets. But there is absolutely a point where asset size matters.

codece

Just FYI, if your FA is not a fiduciary (most of them are not) they have no legal duty to act in your best interest. A non-fiduciary FA just has a duty to make recommendations that are "suitable" for your goals and risk tolerance. As long as it passes the suitability test, it's totally fine for a FA to make recommendations that benefit them more than you.

zilchgoose

What’s the expense ratio for the fund? Any chance the FA is getting a portion of the management fees? Would personally invest in VTI.

LimpSafe5950

My husband and I also retired Do you mind sharing what your bond and Eft mix is! We just had our FA drop binds to 60%. He had 70 and we thought it was too high. There is a 8 year age difference so we have to consider that and inflation.

BVB09_FL

For advisers that focus on founders/early employees, they add value by (1) confirming the shares actually qualify for QSBS, (2) structuring exercises/83(b)/AMT and managing the 5-year clock so you don’t inadvertently blow eligibility, and (3) when the upside is meaningful, coordinating with estate planning counsel on “stacking” via spouse/trust ownership or a 1045 rollover. People assume “FA” means Edward Jones/NWM, but there are plenty doing highly specialized planning and the cost of getting any of the above examples wrong can be enormous so you really can’t DIY.

CostCompetitive3597

On the other hand, DIY investing can be far more profitable than any FA. That has been my experience over 50 years in the market. Talked to an FA over a beer and confirmed my concerns with their modus operandi. The big firm FAs are told by management what to sell clients and that in most cases is not best for the client. Few if any will recommend dividend securities. Never while client is earning and seldom in retirement. I cannot remember hearing or reading about an FA that recommended dividend securities to a client for retirement income. Regarding learning how to do your own securities investments. In my opinion, there are no invest and forget stock market securities due to how dynamic these markets are. In my experience, the more you know, from education and experience, the better the portfolio performance be it growth or income focused. Investment opportunities and income tax rules are constantly changing around investors which necessitates continued education. With the refocus from pensions for retirement and creation of Federal savings accounts for retirement income, DYI investing is now a lifelong project for most Americans. Embrace that or miss the best opportunity for the majority for a prosperous retirement lifestyle.

weasler7

I’m curious. At >5m AUM what actual advice does a FA provide? Alternatives?

UMLBB10

Most people in this conversation have only done it during a bull market like we’ve had for the last 16 years. It’s not as easy when markets are dropping 20% and fear rules the headlines. When your FA rotates your allocations ahead of swings or doesn’t panic sell, that 1% looks like a bargain

1kpointsoflight

My assigned and free FA at Fidelity talks to me about all sorts of investments you don’t have to pay for that.

StephieRee

This. I work for an FA. We do a lot of this.

ChronicusCuch

Vanguard’s studies say they’re worth about 3% per year, assuming they’re actually good at their jobs, of which investing is a part of a bigger whole (tax planning, estate planning, insurance planning). EJ also has their own expanded teams for higher net worth folks your FA can plug you into. I think it’s called “generations,” and it’s similar to what a lot of others do with more custom private stuff.

Reasonable-Word6729

I keep a FA for promotions when moving money into an account. Usually 1m for minor promotions.

damnmobile

I like being able to look at all my investments in one place and also I don’t want to deal with 2FA everytime I want to check my portfolio. You can’t make trades on yahoo finance so having an app you can just open and not have to deal with passwords/security is nice

mchgndr

Yeahhh bud you need to learn about RIAs. You’re not even describing advisers. If your FA is selling you products or any kind, even mutual funds, you knocked on the wrong door. Look for fee-only, tax sensitive, SEC registered.

BroolStoryCompany-

Downvoting this comment is kind of crazy… it’s literally the truth. This is an investing sub, with people who know how to invest. Of course this is a bad comment to you because you don’t think you require the service. Doesn’t render FA’s any less valuable to people who don’t have your knowledge, or the desire to know.

PTTCollin

Only if you're spending a lot of money. I've run the numbers for my spend level and proposed fees of a FA, I'd have to get to get to 20M in assets for it to break even. Not there at the moment.

PTTCollin

I mean it's split between VTI/VOO/VGK with some cash (<1%), but yeah, effectively. But yes, I am also like 30 unmarried with no kids. Don't see what the FA would give me.

LoganSL550

My wife and I are both 68 and not retired, as we each have easy, low-stress jobs. Our combined salary is approximately $400K, so there is little reason to leave. We also have no children. Our brothers and sisters, and their children, are not beneficiaries we wish to support, so we have no heirs and plan to leave 100% of our estate to charity. Over the years, I built our investment portfolios to approximately $20 million. I actively monitor and manage our finances and provide my wife with information on a daily basis. However, my wife is concerned that if I were to die, she would not know what to do. As a result, she asked that we hire a financial advisor (FA). I was initially opposed, but to make her comfortable, I agreed. In October 2023, we transferred my IRA ($3 million) and her IRA ($2 million) to the advisor, for a total of $5 million. I have an aggressive investment style, while my wife is conservative. I closely tracked the advisor’s performance. After two years, the advisor increased our combined portfolio by $1 million, during which we paid a total of $63K in advisory fees for 2 years. Had we not used a financial advisor and made no changes to the portfolios, our assets would have increased by approximately $2 million. This result disappointed my wife. As a compromise, we agreed to keep the advisor managing a $1 million portfolio. In the event of my death, my wife can choose to transfer additional assets to the advisor if she wishes.

PTTCollin

>if you think at high lvl wealth you should be all in on indexes you need an advisor lol Am at this level of wealth, am in indexes. Why do you think an FA can consistently beat the market outperforming their fees? All the literature I've seen disagrees.

fascinated_dog

Nope still here. I wouldn't say Ive been ripped off this whole time as my FA has taught me a lot along the way.

PTTCollin

>Netting a client >1% on their capital is not a high bar for an advisor that knows their stuff I disagree, but am curious why you think so. I don't think a FA can reliably and consistently net above index returns: 1. They don't have any market insight unavailable to others that would allow them to front run trades to create alpha. 2. Tax loss harvesting has never been shown to me to get the alpha people say it does, both due to drift from index performance and the required additional purchases that can result in sequence risk. What mechanism do you think FAs have to create alpha? Like I said, curious why you think so.

BroolStoryCompany-

The family isn’t actively managing the hedge fund…. My problem is that FA argument is used as a blanket term to describe a generic 60/40 philosophy. Real FA’s use advanced tax strategy (which is the king of preserving long term gains) plan philanthropy vehicles, estate planning, and actively manage investments, with the elite providing access to investments average people don’t have acccess to. Not all advisors are created equal, and even those who serve as therapists are still valuable to their emotional clients. Don’t devalue something just because you may understand it and be able to do it yourself. If that’s the case, of what value is your knowledge ?

NuanceEnthusiast

I mean, if you have enough capital that you’re paying 3k/mo in fees and the FA can’t show you how they’re going to save/make you more than that then there’s absolutely no reason to pay them. But I’d say either you are extremely financially savvy yourself, or the advisor is just on the weaker side. Netting a client >1% on their capital is not a high bar for an advisor that knows their stuff

Careless-Age-4290

I think 75% of the value of my dad's FA is calming him down when he calls in

AcademicStandard3701

$695???? Not FA

PTTCollin

This. I have a friend who is a FA who every so often tried to recruit me. My question to him is "what are you offering that's worth $3000/month?" That's more than my mortgage, and I have never gotten a satisfactory answer.

Bred_Slippy

Do you have a complex financial situation, or goals, or is it straightforward? Generally more important when choosing a FA than the amount involved. 

johnnyshots22

With the momentum from the retail crowd I think it carries over. Not FA just my thoughts. Im holding.

Pulpy96

All in? Is this FA? Lol

johnnyshots22

Stockwits going crazy for SOPA and rightfully so. Great news on NUTR as SOPA owns 14 million sharesof NUTR valued at $9 a share. Small float.  SOPA could be today's play. Chart looks great too.Not FA. Good luck to all.

narcsgiving

VST TLN CEG NRG and take it out to natural gas and add EQT WMB AM and so on. First couple all probably a little overheated still, went up crazy all summer. Natural gas stuff still a little weird with commodity futures still tied to “is it cold” and not “how much of this juice does META need”. Not FA

VisibleHedgehog9057

Agree. Lots of day traders who did well in the run up of the official announcement cashed in. 90%+ of the shares are held by day traders/individual investors as investment companies CANNOT and will not invest in OTC companies. Their FA's are not even allowed to hold them in their own personal accounts. MSOS gets around it by using Swaps of the main US companies that trade OTC. This article explains MSOS and the possibilities for these individual companies. [https://sherwood.news/markets/marijuana-rescheduling-could-mean-more-investment-in-us-weed-stocks-there/?utm\_source=robinhood&utm\_medium=referral](https://sherwood.news/markets/marijuana-rescheduling-could-mean-more-investment-in-us-weed-stocks-there/?utm_source=robinhood&utm_medium=referral)

OnePunchDrunk326

Got rid of my FA. Did 38% this year.

johnnyshots22

Got in VOXR yesterday after the acquisition news.  Finally starting to react today. Solid stock too. Not FA

AICHEngineer

I would qualify that intuition with the fact that Madoff's ponzi scheme resulted in broad financial regulation that changed the relationship between brokers and custodians. Momey managers could no longer both be the custodian of the investment as well as the broker (the one making the trades and managing the money). It was only in this integrated structure that madoff was able to commit massive fraud and obfuscate what he did with the money. Could you tell us which specific AQR fund theyre advising? AQR is a well respected firm. They have countless white papers out on their website describing the research theyve done to arrive at their current product formulations. If your FA has laid out math showing that your specific tax situation (assuming youre a high earner / NW individual) would make you better off long run despite the management fee, then its probably the better deal for you. You could also just dump the FA and hold a basic fund like AOA (80/20 VT/Bond index) that only charges 15 bps. Or you could run your own personal portfolio and save on FA fees and hold index funds and multiple asset diversifiers like bonds. Gold. Managed futures. All of these are accessible to us retail investors these days

AICHEngineer

This may be a chat to have with your FA. Complexity and tracking error may just not be right for you, even if on a pure math basis you would end up richer with AQR. In the world of quantitative investing, AQR is very legit. Some of their funds are the absolute best means of accessing factor tilts, trend, multi-asset diversification (QLEIX, QLENX, QHFNX, QSPIX, etc), and theyve been doing financial science stuff to make their strategies much more tax aware. They have way more tools to offer you than just tax-loss-harvesting long-only funds. They also have long/short factor tilt funds, trend algos, US beta + l/s, but yeah their fees are very high. You have to really believe in the factor premia and trend to buy the style products. But, results do speak for themselves like QLEIX (total world stock market long/short value/profitability/momentum factor tilt fund) vs VT (MCW total world). QLEIX has crushed VT on returns and with way lower volatility and drawdowns.

Puts_on_my_port

There’s 2 EA-18G Growlers (FA-18’s with electronic warfare equipment) operating not into far from Venezuela, is something about to go down?

ThinkingOfTheOldDays

I FA'd and I FO'd'. rip

zampe


AlGAdams

I used 0FA because I have nothing and know nothing

DrElkSnout

I wonder how many of you trade $100K+ and don't even have 2FA enabled on your accounts...

johnnyshots22

Yes this is a long hold for me. I keep stacking at every dip. I have beleif and  hopium in 5 years that it will be substantial. Looking at at all the partnerships across 6 continents over numerous countries and over 300 financial institutions already in. I think it has too much going on to fail. Not FA. Due your own DD.

Uplipht

Also, PRPH seems to have bottomed out at .11 leading into the reverse split next week. I have played a daily swing trade on it for a pretty decent gain. Buy at .11, sell at .12. Not FA, and this trend could easily reverse now that I have spoken this into existence.

johnnyshots22

I think benf runs again nicely this week. BNAI with the low float now  a fart could make this move. Not FA

ChilaquilesRojo

Ask the FA about it. They know its on their public record. If you don't like the answer, ask for a change

PaperHandsTheDip

Cats give the best FA

johnnyshots22

I think it easily hits $4 today. Not FA

Alexander_HamilDong

I'm a 20-year FA. The amount of confident blanket advice I see here is alarming. I discovered this sub years ago through a client that took incorrect tax advice from someone here against our recommendation. They were told some nonsense about us wanting the client to leave money in their account because we wanted to retain their fees. That investor got to enjoy the penalties of a large distribution within the 5-year Roth conversion rule window. The penalty cost them ~5 years of our fee. 

the_knob_man

Buddy of mine is a nervous flyer. He ate 100mg at the airport, and spent the 4 hour flight curled up on the bathroom floor. He said most of that time was in anxiety induced terror. FA had to unlock the door to get him to his seat so they could land.

johnnyshots22

Classic Chinese rugpull. I can see people jumping in now at .22 cents only to wake up Monday morning and its at .10 cents.Not FA. Take your own risks.

johnnyshots22

Im on the same page with MIST. From my research it's a 70% chance. I think those odds are worth the risk. Not FA.

markprice211

I completely understand the massive value of an FA in regards to many different aspects - tax planning, budgeting, investment strategies, college planning, etc. But I ESPECIALLY see the value in situations where people just can't save themselves from themselves. However it is still wildly interesting that you can show people the drag that advisor fees have on their portfolio (typically 1-2% YOY) especially when compounded long term and they still don't have the mental fortitude to not require the "coach". I hope that doesn't come off the wrong way - I am not AT ALL knocking FA's such as yourself, or the people who use them. I was with one for a while and she probably saved me MASSIVE losses when I was just starting out because I would have done things that she didn't do while I was still learning. It's again just all so interesting to me. That 1-2% fee you put back into your pocket is only beneficial if you truly know without a shred of doubt you can stick to your guns and stay the course even if the market is a dumpster fire - and I don't think most people have the ability to do that. Do you have any advice you would consider to be super valuable to someone investing on their own without an FA? Something to the likes of stay away from the media, don't look at your portfolio other than to rebalance once a year, etc.? I told my wife from the beginning - I want us to pretend like our long-term invested money literally doesn't even exist. Never think about it and barely look at it.

johnnyshots22

No. Have a look at FLGC. Great find by due_papaya. Very tiny float of around  600 000k. With volume this can move. Not FA.

7uolC

i'm a full-time trader using my own money for 9 years now. i make 7 figures most years. anyone telling you TA is bullshit doesn't know what they're talking about. it's like learning a language. i use a mix of TA and FA, but fully use TA when determining when to enter/exit.

bullrider_21

Life is full of uncertainties. The further you look ahead, the more uncertainties there are. Even FA is not good for long term. Uncertainties change the fundamentals.

bullrider_21

Candlesticks are not some arbitrary values. They tell the opening, closing, highest and lowest prices of the day. TA is about 100 years old. A lot of research and study have gone into it. Brokerages are using TA for automated trading. It is quite accurate in predicting price movements. Detractors are usually those FA people who don’t believe in TA.

Wild-Pin9087

Rklb & asts are 200 next year. The easy money is right there this is FA

WaveZealousideal2848

I anticipate dips for a while, until it hits certain thresholds. But if it gradually gains momentum, dips will obviously hit at a higher dollar. Personally I'd be surprised if it'd dip below $3 just with the amount of hype now in the reddit forums. Not FA but I've been thinking about the trends.

codeartha

TA is a lot more reliable than FA where you're just reading ta leaves. I average 40% a year using only TA. Some people I know make closer to 100% a year. You're just mad you can't get a grasp of it or be disciplined enough to make something from it.

johnnyshots22

Great analysis. Hold strong and reap the benefits. Short squeeze is imminent. Not FA. 

AllCapNoBrake

OH BOI https://preview.redd.it/ptlbvqmxe76g1.png?width=466&format=png&auto=webp&s=5b5bfd51748f5d21ca2f361c41186bfe51927bed FA

AllCapNoBrake

The shortable Bart Simpson Pattern just formed again on the BTC hourly. FA. https://preview.redd.it/15lmjo6ra76g1.png?width=1340&format=png&auto=webp&s=f327fa0100c33ed9a75d3c7afc09b3a124ce4d29

johnnyshots22

Just a heads up for my reddit crew.  I am not spamming but MRNO is heating up on a few forums. Small float with over 90% insider ownership it's like they know something we don't.  I had to take a position.  Not FA . Do your own DD. Nothing but positive vibes and energy on all your tickers of choice .

Otterpoopie

Imagine having this much tds FA GHUT LMAO

RealisticPiece4191

I pay an FA for this stuff - they do the buying for me. Never had to vote on these things before.

QuarkOfTheMatter

Noone is screwing you over, you FA and now are finding out. CVNA was on the short list to be added to the S&P, as was RDDT and a few others. Announcement always happens after market closes, so anytime options have a ton of premium even though they are about to "expire" there is always a reason with some sort of a binary event that the market is waiting for. Options can always be exercised up to 5:30 pm Eastern. This is why for any option you are short it is a good idea to close it manually on expiration day instead of letting it just expire.

johnnyshots22

ALXO sitting at $1.43 right now. This could run premarket tomorrow right from the gate. Not FA . Due your own DD