Much like that high school chemistry class where you suddenly realized mass is not conserved in a chemical reaction or the Bunsen burner is probably not the best way to light a cigarette, the stock and crypto markets also have those “a-ha” moments.
And no, we don’t mean playing A-ha, the ‘80s band from Norway, when you have it.
What we’re talking about is that moment when you get it — such as options trading, for example.
Benzinga turned to its Zinger Nation on Benzinga Pro and Twitter Inc. (NYSE:TWTR) to ask, “What was your biggest ‘Aha!” moment in the stock market?”
Of course, the answers were varied.
Benzinga Pro Users Share Their A-Ha Moments: On Benzinga Pro, @Angel (Gijoe) said “It’s not an ‘aha’ moment but I personally been expecting a ‘crash’ for a while, and planed [sic] for it. $SPY to $350 is ok. $SPY to $250 and that would be a 'wowowoaha moment for me.” (SPY is the ticker for SPDR S&P 500 ETF Trust that trades on NYSE ARCA.)
For WDWchristopher, a-ha is having a moment today: “When I covered that $MSFT short, I added onto a ATM $SPY put spread today’s exp which I carried from yesterday.” (MSFT is the ticker for Microsoft Corporation that trades on NASDAQ.)
Twitter Users Name-Check Plug Power, Tesla, Tilt: Over at Twitter, while the SHIB Army had its usual say — for the uninitiated, it is the fans of Shiba Inu (CRYPTO: SHIB) whose Twitter expressions of devotion for the crypto are unrivaled — others managed to squeeze in their a-ha moments.
Many respondents just named tickers: @wind4me checked in with Plug Power Inc (NASDAQ:PLUG), Tesla Inc (NASDAQ:TSLA) and Tilt Holdings (OTC:TLLTF), while @RyderSecurities just wrote Digital World Acquisition Corp (NASDAQ:DWAC), which is known for being the best-performing SPAC of 2021 and is planning to take Trump Media & Technology Group public.
Personal opinions also abounded: @chudiddy wrote, “That its all manipulated,” and @Jgoodman013 stated, “Positional Analysis.”
There was even some call and response with @liathetrader saying “Aha, things can go much lower than I thought..” followed by a Sir Isaac Newton-esque comment by @bacon8tr, “What goes up eventually goes back down.”
In between that there was @LakersToxico who mentioned, “That the stock market doesn’t wait for you…. lol. If you feel you’re going to get IN on a stock anyways, just it when you get the feeling. Don’t be lazy and decide to get in later or in a day or 2…. (GameStop).”
GameStop Corp. (NYSE:GME) saw its stock take off in 2021 when it was part of the WallStreetsBets meme stock craze.
The Last Word: And then there are those who remind us of the risk. @iHomeHuntCom wrote, “No matter how great a company is or no matter that they consistently post earnings beats and market growth share, $OGI. MM’s and short sellers still have the ability to crush a stock solo for personal gain and greed.” OGI is the ticker for OrganiGram Holdings Inc, trading on NASDAQ.
And finally, @MichaelNaussCMT concluded, “Risk management is everything. Not just important but Everything!”
A-ha!
