RKT

Illumini24

Joining in on "squeezes" that have already run 50%+ in the last 1-2 days. Had to learn it three times, with a loss of a few thousand $ before it now hopefully has stuck. Also buying in again way to early on BB and RKT after selling near the top. Came out well on those, but did eat a portion of my gains. Using etoro copy trading - ended up a few hundred $, but the tax work will be absolute hell with hundreds of tiny buy and sell orders, not worth it at all

looseinsteadoflose

RKT would probably moon ironically

GooseLit

I sold all my RKT after applying for a mortgage through them. It was a pain in the ass to apply compared to other lenders and they did all of the things listed as “red flags” for predatory mortgage companies: * Forcing you to sign incomplete documents * Forcing you to sign “intent to proceed with loan” even to just get pre-approval * Pushing ARMs really hard when I kept asking for 30 year fixed

nichijouuuu

I invested $60,000 (yes) in RKT and it’s since lost about 25-30%. I am holding on but only because I haven’t seen anything I’m confident will make my “losses” back quicker

Joe6102

You still in $RKT? What’s your 2022 outlook?

allaboutthemoney99c

RKT?

Old_Fart_2

I have lots of $RKT too. Couldn't resist the P/E ratio. Can't believe is just keeps going down.

Gooner-Squad

RKT calls??

qwertyaas

TDOC and CRSR bagholders anonymous here. I was part of the illustrious RKT group before I dumped that POS at $33.

RonDiDon

There's a whole nation with you. RKT, WISH and SDC find new lows every single month and create new bagholders along the way

Dhayter48

Needs a UWMC and RKT section

Uncle_Dirt_Face

[RKT puts](https://imgur.com/a/2badruJ) I didn’t expect the end of day pump. My AA calls were a total loss

confused-accountant-

With rising rates, RKT does seem good. I'm still holding despite being down over 22%.

HinduHamma

I really wish I had never heard of RKT. What a fucking piece of shit

Helpyeehelpyee

$PLTR and $DKNG people for the love of God stop buying at these prices. Look at $RKT, $FUBU, and $HOOD. That is the next stop for you. And after that, all 5 may go down to the sub $3 like $WISH. There is no reason to light your money on fire.

MorrisseysRubiksCube

RKT at 13.19 is a gift. It was a gift at 15.00. Current P/E is 4.36.

Turd-Lipstick

RKT, HOOD, and others on my watchlist hit their 52 week lows today. All in? 🤔

Zealousideal_Diet_53

TIL RKT still exists

Smooth-Criminal-TCB

Everyday I tell myself that RKT couldn’t possibly go down anymore… and everyday I am proven wrong

YourFriendlyAutist

Holy shit does anyone even still hold RKT??

Buythetopsellthebtm

Start making posts for their obvious pump and dumps. Do “DD” on stocks like RKT, and WEN whenever CNBC starts talking about them. You have to get noticed as willing to push their narratives, and they will scoop you up. Also make sure your Reddit account is diversified. Find a “hobby” sub and make sure it is at least half your posts. Most importantly never say anything negative about global central banking, or how they turned the markets FIAT. My interview went south when I brought up synthetic shares.

memyselfandirony

Imagine not selling PLTR when it hit $40! I can because I didn’t. That, RKT and a Chinese solar company I won’t bother naming have been my biggest mistakes of the past 2 years, and that’s saying a lot

TotallyNotJimCramer

So RKT is almost at a fair value. I still don't want to own it, but the price isn't terrible.

webulltrade

Hope no one here is still holding RKT, another ATL.

haarp1

> WISH did the same happen with RKT?

DogeToNarnia

Won’t let me update the post or I would share my positions on this account. Active positions are RKT, Ride, Gnus, Doge, Ltc. Comment below shows positions that were taken during that time frame.

trail34

Yep. I was actively watching the pop on RKT. Got greedy and waited too long (like more than an hour) and it fell. Kept waiting for the second bounce and it never came. Sold the next day for a 10% return but it could have been 100%. It’s really hard to know what to do in the heat of the moment no matter how logical you are going into it.

SAFE_15

Hey man I’m in the same boat with RKT. Apes strong together!

Shutup_Stupid_Commie

How does RKT keep going down with a valuation so low. 6 PE should is ultra undervalued

Uncle_Dirt_Face

I bought some $62 AA calls in my new hood account and some $13.50 RKT puts in my TDA account. The AA because I’m already fucked on the calls I bought early today so o decided to double down like the dumbass I am and the RKT puts cause I have no new ideas.

Actual-Cat3803

Corn market, PRPL gang, NAT tanker gang, RKT gang, GME gang, TSLA gang, LCID gang, AMC gang, PTON gang, SPCE gang, ARK gang all in shambles.

Columbian-Roaster

Don’t forget about RKT 😂

hardcore_softie

Looking back at some stocks I managed to make a little money on that have now completely shit the bed, there are some standouts. MNMD, CMPS, CHWY, RKT, plus SLGG and SNDL. Some proof right there that holding and averaging down isn't always the best choice. Goddamn. Really wish I could say I made some DOCU money, but at least I wasn't holding for that epic post earnings crash

NefariousnessNoose

Where is RKT?

kk7766

Everyone on here thinking "investing" meant buying LEAPS in Feb 2021 in NIO, PLTR, RKT, etc.....didn't realize they were newbies

aka0007

Discovered that the hard way after making a ton on GME... Then made some money on TLRY and SNDL, caught RKT but then UWMC wiped that away... From there it was all downhill and lost the money I made on GME. Fortunately I had my portfolio of stocks from before GME, which was mostly untouched so that has been up nicely so making money at least, but not from chasing short squeezes.

Routine_Ad_2900

I wouldn’t invest in RKT. Im a realtor.com affiliate and the leads we got from there, for a period they wanted us to use rocket for financing. I tried a couple times just to play along but every time I’ve tried to do a transaction using rocket, they’re super hard to get ahold of, very unorganized, and it’s just been a nightmare. Around here (Seattle area), agents don’t really hold much weight to their preapprovals. That said, I know people have refi’d with them and it’s been good. They have awesome marketing, but in my experience they have sucked to work with, so I wouldn’t invest in them, but that’s just my opinion

redcedar53

Remember when RKT squeezed to $43 last year? Good times

ThatsBS4ya

Thoughts on RKT LEAPS in anticipation of people refinancing after forbearances end.

ryin_matiaz

Doesn’t matter if you’re long on the stock. Here’s a way to make money if it goes down. YW AFRM \- Likely taking the trade right at open if theres no drop PM. \- If pm drop I’ll wait for a Potential bounce off of 77ish. then to resistance around 80. A bounce off that 80ish resistance is a good entry imo \- 75ish is a weak support imo. But I’d take some profits there/look at re-entry under 74. \- Break under 74 with strength and there’s no support till 62 \- IPOs have not established strong supports COIN \- Easy enough to watch BTC if it attempts to break the resistance PM \- Likely gonna open up under fibs. But 232 is a strong support. 230p if it breaks under there. \- Profit taking at $223ish , $218ish and a strong ride down if under \- You can always re-enter GME \- Holding 230p. Likely going to add right at open (under fibs / 9ma) \- Diamond top pattern rejecting all resistance levels \- Under Fivbs at open and it will probably dive through that very strong $126 resistance \- $120 is the target. Weak support imo. Under 120 and low 100s or under is likely. \- Notable $956K put sweep for 125p 1/22 exp. Under 125 will add lots of downward pressure. AMD \- Head and Shoulders reversal pattern almost formed up. \- 135p if it breaks under. \- $126ish take profits. \- Real support is around $120 MU – Watching – Great example of how a bear market can hit a stock. 2000 ATH buyers just finally made a $3 profit. Small Caps: \- If you have small cap stocks that have been beaten to shit for no reason. Check the Open Interest for January/Feb Calls for a big jump. \- Money taken from blue chips will funnel right into those now that MM has shorted it to bottom and bought back all the calls for pennies per share. \- Examples: Ride, WKHS, XERS, RKT, MILE, IDEX, MPLN, ect. \- Helps to be familiar with previous OI but all the above never had over 500 calls OI. Now they’re blocks of 4k-15k

Tyr312

What the fuck are you on. Changed your meds. I call out SHILLS like CLOV and RKT AND UWMC pumpers.

Bigghead1231

You're in clov and RKT lmao What the fucc do you know

Lost_Equations

What's up with RKT lately?

Randomsomedude

When was RKT ever good?!

SmackEh

I don't hold a position in UWMC or RKT, but I just wanted to post here in memory of all the fallen soldiers, and to reminisce of the good old days. Any thoughts on a re-entry with either of these ones?

masfll

From what I have heard, the daily short% is much higher. Some firms/investors are now covering their shorts daily and reopening them in the A.M. This allows them to short RKT without their positions hitting these reports. I guess they learned a thing or two when they were caught with their pants down with RKT, GME, AMC, etc. Full disclosure, I’m long 8,000 RKT.

Wild-Gazelle1579

Welp, looks like you and your dad were wrong this time. Unfortunate but it happens. Thing is that RKT turned into a bit of a meme back then and had a lot of people pushing it and then that gamma squeeze got set up and it blew up. I was in it and made a pretty penny. Got in this based on this DD, didn't lose much. Still have some calls for feb that I think I'm going to sell.

BobWheelerJr

RKT

Baadllama

top 3 cucked stocks that i hate, in no particular order PLTR RKT INTC

MAGA_WALL_E

Planning to double down on RKT. How low can it go?

kaedoge

RCEL -40% RKT -40% SDC -60% PTON -70% Diamond handing them all.

UnplayableConundrum

Fi you are feeling bad about your plays, just remember there is a guy whose entire portfolio is (maybe was now) based on RKT, PTON, and POSH with Margin turned on

paradox60660

Someone slip water into $RKT's fuel?

pencock

RKT 52 week low PLTR 52 week low My portfolio 52 week low

Mastermind530974

>RKT? RKT was a solid play tho since it went up almost 100% over 2 days

WhyNotFerret

Anyone else remember PLTR and RKT?

noahdrizzy

At least there’s a bag to hold. People downvoting you lost it all on RKT FD’s

CraftyClint

RKT because that's what takes us to the moon.

manwhoreproblems

I think you are off. #1 interest rate hikes historically helped banks due to the large amount of treasuries they own. #2 higher rates mean significantly less loans. See RKT. #3 out of your big three banks who have been smashing earnings lately, it’s mostly been done through the trading desk. This is going to hurt them a lot. Posistions 20 faz 20c Feb 18th or something like that.

Dmoan

Key is diversification I picked some of shittiest stocks in last year ( CRSR, RKT, SQ, TWTR, VIAC) only thing that saved me was I also had 🍎, CRM, MSFT, AMD and few boomer stocks which saved my portfolio. I have come appreciate diversification and not DCA into shitty stock just take the loss and move on.

TastyCuttlefish

UWMC hasn’t gone that low since then. It’s now hovering around $6. UWMC isn’t at risk of bankruptcy at all and it still pays a dividend. I think it was a popular target for some hedge funds hedging market movements elsewhere, not because of poor business on the part of UWMC. The vast majority of short positions by major funds isn’t with a goal of driving the price to zero, it’s literally the “hedge” aspect of a hedge fund. They utilize short positions to manage risk with their long positions. It’s not entirely illogical to have established short positions in the mortgage industry in general—interest rates are poised to increase and the Fed is tapering back purchases of mortgage-backed securities. But I question the logic on doing it with UWMC, given that it pays a dividend and the float is only 100 mil shares with the majority held by insiders who aren’t selling. That could backfire on a short position, not in the way GME did by any means, but an upsurge in price would be magnified by the low float more so than with some other companies. RKT, the main competitor for UWMC, had 10.44% outstanding short interest as of 12/15; UWMC’s is higher at 14.8% as of 12/15. So it’s not just UWMC.

FoodCooker62

Only meme stock I ever owned is $RKT and that's because it's a terrific business thats shits out cash like a mastiff eating a bean burrito

noahdrizzy

You were losing money on RKT and PLTR before GME showed up. Shut the fuck up nerd

Mi6t9mouze

*What?! Buy $RKT?! When do I sell?!*

BBQingFool

Are we going to repeat this with all the meme stocks again? What else is out there? Sunflower? BB? RKT? Anything else have s chance to moon?

Jonomac420

Boy do I feel retarded for not selling all of my portfolio six months ago....I'm getting real sick of getting gang banged by PLTR, TLRY, and RKT. I don't have anymore money for lube :(

binkyboy_

New all time low was hit for RKT and I didn’t even notice it because my boss keeps clapping my cheeks today. What happened to my favorite beautiful mortgage company? Why does Dan Gilbert fucking hate me?

RUatrollorRUserious

Well, in my defense, I was riding a high from GME gains, and thinking RKT was going to be another meme rally. Got proved wrong with a giant red dildo.

freehouse_throwaway

lol the RKT was something else some ppl got sooo greedy they held thru the period for the special dividend.. nevermind that the pump was worth way more than the divvy (though it was a good amount)

RUatrollorRUserious

Or RKT at $26

meiggs

OP here: I sold and bought $RKT. This was just a quick trade.

9tacos

I have literally never seen $RKT green

Sharp-Bull-3316

I've yolo'd all GME (and a bit of Koss) gains about 200k into March RKT call options in 2021... Roughly same same 

Wild-Gazelle1579

I was in that RKT squeeze lol.

WhenMoonsk

So glad I dumped RKT and DKNG at 16 and 48 LMAO

Jonomac420

Wtf is up with RKT?

Zombie_Deep

crazy to see red all over and RKT green

RH_Fucked_My_Account

At what point should one hop on RKT?

Dmoan

Dude RKT is dead nothing is going to save it…

External-Outcome7579

RKT is going to get started on a NVDA- like move one day. Could be today could be tomorrow, or a couple of years from now but it’ll happen.

One-Evening4725

TDA has never allowed fractional shares. Their AUM is over 1 trillion. Fidelity is 11 last I checked. Fractional shares also do not allow voting rights. What about companies like $RKT who have dilluted their SO to oblivion and it has not created buying pressure? Any company can do whatever it wants with their shares. We're arguing semantics now. "Enticing" prospective investors is literally a HUGE component of any publicly traded company.

External-Outcome7579

This is how I feel about RKT

PresterJohnsKingdom

True. Everybody pays tuition. I lost more on some shitty SPACs, (PSFE, HYZN) and value traps (RKT) than OP paid this dude. It can always be worse.

account_not_active

T and RKT leading my portfolio gains, what a bizarre day.

paskaak

Wow, CLNE, RKT and AAPL up decently today My calls are back to almost 40% of their original value

StrictDefinition4

RKT is near all time low I think it will be good long term.