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re: So I bought some Gamestop(GME)
Posted on 1/26/21 at 12:07 pm to rintintin
Posted on 1/26/21 at 12:07 pm to rintintin
quote:Sounds like they shouldn't be investing then. Investing is a gamble, 100%.
I get it, but everyone in this thing is not set up like you and some of the other long holders.
For GME at this moment, if you wanted to get in, just put in what you are comfortable with. I"ve noticed that most of the days, it dips hard around 10am and then starts trending back up around or after lunch. Don't buy at 9am unless you just don't care. But there is still money to be maid on GME. Shorts have to pay larger interest rates and the higher the price goes, the more of a risk it is, which means higher rates to make up for that risk. Buying the stock doesn't have this added problem. They already down a lot, unless they are trying to do a quick wealth transfer, which it may end up being just that.
2
Posted on 1/26/21 at 12:09 pm to KickPuncher
Main issue is the market breakers destroying the squeeze. We’re gaining upwards, but could be much faster
Posted on 1/26/21 at 12:19 pm to KickPuncher
quote:
Sounds like they shouldn't be investing then. Investing is a gamble, 100%.
Eh, I think you're confusing what is going on here and investing.
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