What's up guys and welcome back to wall street millennial on this channel, we cover everything related to stocks and investing in today's video we're going to take a look at some of the biggest traits from the wall street best form over the past week. So we can learn from other traders experiences before we get into the video make sure to smash that like button, let's try to get 1 000 likes on this video first off. We have some game porn from use. Reply.

Star chose this wall street bets user went all in on one stock nlst, which makes up 100 of his portfolio diversity. His average cost basis was 81 cents per share. Since then, the share price has increased more than eight hundred percent to seven dollars and fifty five cents. This has netted him a massive seventy five thousand dollar game, mtls or netlist is a small computer storage device manufacturing company, whose stock has experienced some unusual price action over the past few months for most of 2020 netlist was a penny stock with a share price below One dollar, but recently shares, have gone to the moon and announced it above seven dollars giving the company a 1.7 billion dollar market cap.

The op explains that netlist is suing google over an intellectual property issued from 12 years ago. Google is a tech giant with a market cap in excess of one trillion dollars with netlist being a penny stock. The potential settlement could be huge, as reported by yahoo finance. A federal appeals court recently affirmed the validity of netlist patents, which they claim.

Google has been infringing on this favorable news caused the stock to skyrocket almost immediately this wall street bets user had the foresight to go all in on stock before the development happened. This allowed him to bag options like gains on a stock position, but he's not willing to cash out these profits just yet, he intends to reinvest those profits to buy shares of amc. Congratulations on your epic trade! Speaking of amc. Our next entry comes from a wall street bets ape who entered the field to collect real-time data on amt's business performance, user dragon ben j, attended a movie at an amc theater in his local area.

He posted a detailed write-up describing the company's operating performance based on his observation, even before he entered the building. Things were not looking good. Despite the reopening of the economy, the parking lot was only about 1 8 full. There were no staff selling tickets, so everyone had to buy them from a single.

Automated ticket machine that was working. Security was very lacks, so it's probably possible for someone to walk into the theater without buying a ticket once he got into the movie room there. He counted a grand total of 22 people in the theater that seats more than 100 tickets for two people cost 24. Adding popcorn in a soda brought the total bill up to 40 for a family or even a couple.

It would be cheaper to purchase the movie from a streaming service and watch it at home, while the black widow movie set a post-pandemic record. Its box office was far below pre-pandemic marvel releases. This can largely be blamed on streaming services such as disney plus, which allows subscribers to watch the movies on demand. His findings make him bearish on amc as a company, and he says they may not be around in a couple of years time.

Despite this, he is still an amc shareholder. He bought his shares at 10 and sold 75 of his position at 60, he's still holding on to the remainder of the position in anticipation of another short squeeze. Next off, we have user number one stunner, who has been having a great time in the markets recently. He bought calls on gamestop and palantir and bought puts on the spy as a hedge as the positions moved against him.

He'd dollar costs average his way down. The majority of his gamestop calls expired on july 16th. He had a variety of different strike prices with the most degenerate being 800. on july 16th.

Gamestop stock closed at 169, which is below even his lowest strike price of 180. Thus all of his positions expired worthless. His spy puts also expired on july 16th, with equally disastrous results. His highest strike price was 420 dollars.

Spy cleared that day at 431 dollars, leading to a total loss on his puts his only position that was not a disaster, is eight dollar strike pound to your calls expiring on november 19th. While these calls are deep in the money he needs his talk to increase past 23 dollars per share for him to make back the 15 of premium that he paid with four months left to go. There's a chance that this position may turn out to be a lone winner in his otherwise disastrous portfolio. It's also possible that valencia fails to rise and his account continues to be a sea of red.

To date. He is down roughly 238 thousand dollars on these options. Positions despite just losing more than most people's entire life savings, the opi decides to buy even more chips and re-enter the casino he bought. 70 contracts worth of gamestop call options expiring in july and august, while these calls are still out of the money, at least they are more reasonable than the 800 strike prices that you bought.

Last time. We wish you luck on this play next off. We have user trashtalk89, who has suffered a total loss on his mvis position. He owned 299 contracts of mvis calls with a 30 strike price expiring on july 16th, mvis or microvision is a small technology company, with no profits and very little in the way of revenues.

The stock price moon throughout the second half of 2020 in early 2021 on vague speculation that the company could be acquired. It also experienced multiple apparent short squeezes. However, this has not happened and the stock bled out most of its gains on july 16th. The stock closed at 13.62 cents per share, making its 30 strike calls expire worthless.

Fortunately, this was only a small percentage of his portfolio, so he should still be able to make a comeback. We wish you luck. Next off, we have another near total loss from user. Lucky skills he wanted to play the reopening and spent approximately 100 of his portfolio on american airlines, calls at various strike prices and expiry days with economies reopening around the world.

This seemed like a surefire way to play a travel rebound. The op5 would be an especially good recovery play given the bullish market cycle we appear to be in, however, concerns about the new virus variants and the company's excessive debt load have caused the stock to tank 24 from its recent highs and shares now trade for a Little under 19 per share, this is below even his lowest strike price of 23 dollars. A share. The airline has 48 billion dollars of debt and lease liabilities, as well as 7 billion of pension deficit.

This makes it the most indebted company out of all the u.s airlines. In total his market to market losses, add up to roughly 95 000. Not all hope is lost. Many of his calls have long durations with his furthest expiry being january 21st.

2022. So there is still hope for a turnaround. We wish you luck. Next off we have user psytokine who wishes he never bought, wish after suffering, a gut-wrenching, 182 thousand dollar decline.

He owns leaps on wish with strike prices ranging from 750 to 10 dollars. A share wish is an online e-commerce platform which facilitates transactions between buyers and sellers. The company has grown fast over the past couple years, as they have spent aggressively on marketing. However, this growth has come at the expense of profitability and they've been posting large losses.

The ipod in december of 2020 and the stock has declined 60. Since then, the op initiated his 420 000 investment. When the stock was in the 14 range and averaged down to 11.95 cents, he is still bullish on the company. Long term wish is known for selling cheaper products, so it has the potential to become the dollar store of the internet.

Their easy to use app interface has gamified the shopping experience and can potentially help drive repeat purchases, while his mark to market losses have undoubtedly been painful. Most of his calls don't expire until 2022. There's still a chance that his investments end up in the green. Alright guys that wraps it up for this video, what do you think about these trades? Let us know in the comment section below, if you enjoy this content, make sure to hit the like button and subscribe, so you don't miss future uploads as always.

Thank you. So much for watching and we'll see you in the next one wall, street millennial, signing out.