[BMW F22]

Originally Posted by P1

You referring to WSB? I think 99% of those 8.1M will be “like so over this” in a few days.

“Like, I like put in $500 and I didn’t like see a 1,000% a day spike. Like, for real. I’m SO like over this, ghaaa!”

Such a valley girl attitude P1.
I love it. 😂 Yes, referring to WSB.

[TheFanatic]

Originally Posted by BMW F22

I’m thinking of jumping in tomorrow if it dips even further (closer to $100 is my comfort point). But I’ll have to sleep on it tonight and see. For all we know the ride might be over and that rocket ran out of fuel early. Looking at Reddit made me wonder how many people are true investors and how many are just sheep following blindly. Not saying it’s a bad thing. I’m just leery when a big group just does and says the same thing. Some could just be in it for themselves and using others to cash out.

I would imagine the vast majority don't know what they're doing and are following blindly. I've seen quite a few posts from people who bet everything they had in hopes of getting rich but are now wondering how they can pay their bills. My rule was to never invest with money I cant afford to lose. It's the same rule I use for gambling. By the time I saw the news of GME it was already too late for me to want to get in. Looking back I'm glad I didn't.

[bimmer pleaser V2]

Originally Posted by TheFanatic

I would imagine the vast majority don't know what they're doing and are following blindly. I've seen quite a few posts from people who bet everything they had in hopes of getting rich but are now wondering how they can pay their bills. My rule was to never invest with money I cant afford to lose. It's the same rule I use for gambling. By the time I saw the news of GME it was already too late for me to want to get in. Looking back I'm glad I didn't.

Some of them are very bright and do their homework; they have a huge disadvantage to Wall Street in terms of resources and influence but use other tools to try to even the playing field as much as they can. But unfortunately there are also a lot of morons following blindly, taking high interest loans to fund their trades. They all go very aggressively. Also, a lot of cult like behavior like pick and choosing the news they want to hear.

The grand daddy of them all (Keith Gills) is still in even though he lost $5 million yesterday. We'll see how this plays out; I only have a couple of shares for fun.

[Cyberdemon]

Agreed like I said Friday I'm playing the moderate stance here, I cashed out my initial investment plus a 20% gain which was fine for any week on week gain. What remains to be seen is:

-All the people who were talking about shifting money from RH to Fidelity or others are going to be stuck in a 1-2 week holding period. If they decide to buy back in when the price is lower and people see the stock picking up again, people may buy back.

-The trade volumes on GME are still very low. So a small amount seems to be moving around regardless of if you believe it to be a short ladder or just all the retail investors dropping out.

-Every day is going to be something new. I can sleep at night knowing I may not be able to buy a Porsche 911 but I have those shares for free, so I'm totally comfortable going long on this one and riding it to -99%.

[BMW F22]

Bought 10 shares for fun at comfort price Point. Let’s see where this goes.

[ASAP]

GME headed to the moon lmfao

[BMW F22]

Mark Cuban says to hold so I’ll hold. 😂

[bimmer pleaser V2]

Originally Posted by BMW F22

Mark Cuban says to hold so I’ll hold. ��

lol came here to say this. Mark has nothing to gain from giving advice to regular people on a meme website, and everything to lose, aka his reputation. Mad respect.

To the moon or crapper, we hold...

[TheFanatic]

Originally Posted by bimmer pleaser V2

Some of them are very bright and do their homework; they have a huge disadvantage to Wall Street in terms of resources and influence but use other tools to try to even the playing field as much as they can. But unfortunately there are also a lot of morons following blindly, taking high interest loans to fund their trades. They all go very aggressively. Also, a lot of cult like behavior like pick and choosing the news they want to hear.

The grand daddy of them all (Keith Gills) is still in even though he lost $5 million yesterday. We'll see how this plays out; I only have a couple of shares for fun.

well when you buy as low as what he did he can still gain by holding to see how it turns out. When people bought at over 400 or over 350, those guys obviously stand to lose the most. Even so they were smart enough to make this much of a gain and make this big of a wave to stick it to the hedge guys. They are far smarter than I am when it comes to that sort of thing

HCMC dipped today so I bought some more for the time being. Holding until at least the lawsuit is settled. A bunch of people who got in when it first picked up and are day traders are selling in the red but the rest of us knew it was going to be a long trade.

[P1]

Don't ever forget that the ones shouting "HOLD", "TO THE MOON", "DIAMOND HANDS" or throw in a bunch of exciting emojis and GIFs in the forums will be the FIRST ONES to sell once there is a small gain to be made. Don't fall for all the insane hype. Use your brain. Everyone is in this ONLY for themselves.

[ASAP]

Originally Posted by P1

Don't ever forget that the ones shouting "HOLD", "TO THE MOON", "DIAMOND HANDS" or throw in a bunch of exciting emojis and GIFs in the forums will be the FIRST ONES to sell once there is a small gain to be made. Don't fall for all the insane hype. Use your brain. Everyone is in this ONLY for themselves.

of course... this is clear as day... just like hype with anything... the ones that got out at 350 where the winners here...

it got halted again on a $20 rise lol, but didnt get halted on a $100 drop

[BMW F22]

Well already up quite a bit. Funny stock this is.

[TheFanatic]

Originally Posted by P1

Don't ever forget that the ones shouting "HOLD", "TO THE MOON", "DIAMOND HANDS" or throw in a bunch of exciting emojis and GIFs in the forums will be the FIRST ONES to sell once there is a small gain to be made. Don't fall for all the insane hype. Use your brain. Everyone is in this ONLY for themselves.

Definitely! How many people are yelling those with no idea what the end game is or the meaning of it

I wouldn't have cared what anyone said, my stop limits would have always been adjusted to sell shortly after a dip and buy limits would have been set low to buy at the near bottoms. Fluctuation happens but my stop limits are always set to where I'm comfortable with the loss but wont lose big. I would rather lose out on big gains than stay in for big losses.


One things for certain it brought some life back into this thread.

[chassis]

Fidelity and Schwab are not safe havens, in the case of GME trading. Both Fidelity and Schwab, or their brokers, halted GME trading Friday morning 1/29 around 9:35am. It resumed in mid-late morning.

[BMW F22]

Thoughts on Amazon? Prediction is that it will hit $3800 after earnings today. Buy a few shares and make $1K if it goes to $3800 from current price of $3400?

[TheFanatic]

Originally Posted by BMW F22

Thoughts on Amazon? Prediction is that it will hit $3800 after earnings today. Buy a few shares and make $1K if it goes to $3800 from current price of $3400?

amazon at this point is pretty much always a safe bet. That company has grown so much it's ridiculous. I wish I was old enough to invest in it when it started publicly trading. I'd be rich af right now $500 then would be about 1mill today

[BMW F22]

Originally Posted by TheFanatic

amazon at this point is pretty much always a safe bet. That company has grown so much it's ridiculous. I wish I was old enough to invest in it when it started publicly trading. I'd be rich af right now $500 then would be about 1mill today

Thing is it’s been going up but steadily. A $400 seems like a tall order but who knows.

[vreihen16]

Originally Posted by BMW F22

Mark Cuban says to hold so I’ll hold. 😂

Keep in mind that he owns Camping World, and is standing by to sell tents to everyone who goes bankrupt on GME.....

[BMW F22]

Jeff Bezos to step down as CEO

https://apple.news/AIW50qkXdTQqhmogtFh6i7A

[ASAP]

Originally Posted by BMW F22

Jeff Bezos to step down as CEO

https://apple.news/AIW50qkXdTQqhmogtFh6i7A

I think the heat of Amzn potentially becoming a monopoly is taking its toll... I am sure there is more to this story where one guy doesn't run the entire show.

[The J-Man]

Originally Posted by BMW F22

Jeff Bezos to step down as CEO

https://apple.news/AIW50qkXdTQqhmogtFh6i7A

Bezos was never a Jobs or Gates, anyway. I don't think this news really matters for Amazon at this stage in the game. How about those earnings? I think AMZN is a safe investment for some time to come.

[ASAP]

So is it over? Seems to be struggling.