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re: How many Reddit posters are telling you to buy while they sell??
Posted on 1/28/21 at 11:49 am to Tigerfan56
Posted on 1/28/21 at 11:49 am to Tigerfan56
My question is:
Other than exposing and fricking over hedge funds, which I have no sympathy for hedge funds that bet on companies to lose themselves losing, but if people are being told to buy and hold, what's the long game? The artificially inflated value of Gamestop is going to come down at some point and there will be a lot of regular joe's that get royally fricked in the process before they have a chance to sell and profit.
Maybe I'm off base here, but I feel like this is really just a house of cards that will crumble at any time once a sell off starts.
Other than exposing and fricking over hedge funds, which I have no sympathy for hedge funds that bet on companies to lose themselves losing, but if people are being told to buy and hold, what's the long game? The artificially inflated value of Gamestop is going to come down at some point and there will be a lot of regular joe's that get royally fricked in the process before they have a chance to sell and profit.
Maybe I'm off base here, but I feel like this is really just a house of cards that will crumble at any time once a sell off starts.
2
Posted on 1/28/21 at 12:46 pm to kage
The long game is there is no long game.
Step 1. BUY $GME
Step 2. Hold the line until..
Step 3. ???????
Step 4. Profit.
I feel dumb for jumping on Nokia. I bought some in the money calls for next month and they all bottomed out. They were each under 300 so they were cheap, but they lost 80% +. That's hiring me worse than GME.
I always believed in Nokia and when I saw it mentioned as a short I got it.
I'm also bad on BB$ too.
I'm of the opinion that $GME will close between 350-365 today.
Step 1. BUY $GME
Step 2. Hold the line until..
Step 3. ???????
Step 4. Profit.
I feel dumb for jumping on Nokia. I bought some in the money calls for next month and they all bottomed out. They were each under 300 so they were cheap, but they lost 80% +. That's hiring me worse than GME.
I always believed in Nokia and when I saw it mentioned as a short I got it.
I'm also bad on BB$ too.
I'm of the opinion that $GME will close between 350-365 today.
Posted on 1/28/21 at 1:03 pm to kage
quote:There is profit to be had now if you bought on Monday. Sell now, or be greedy and risk getting burned.
a lot of regular joe's that get royally fricked in the process before they have a chance to sell and profit
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