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Started By
Message
Anyone else got sucked in?
Posted on 1/29/21 at 3:59 pm
Posted on 1/29/21 at 3:59 pm
Ended up making a little on GME but got out around 120 on Monday from 14. 35 shares.
Still hold .937 shares because it won’t let me sell fractions.
Got lucky with BBBY WHEN IT WAS 5 dollars months ago thinking it may go back to pre corona numbers (15) and I’d hold for a 20% dividend for a year or so. Sold at 50 dollars. 100 shares
Still holding BB at 9 dollars a share. Was thinking semi long term when I originally bought. Guess I should sell at a peak and buy back in if that is the case
Bought NOK at 4.96. Missed the spike and probably going to lose my money now. But hopefully there is some long term ability. They are doing a lot with 5G
biggest regret: Bought NAKD at 2.48 purely off of hope of doubling and jumping looked promising at first. Then Robin Hood and all momentum shifted. Most likely going to lose all my money because it doesn’t look like a good company.
Anyone think any of these companies can make it? Is the crazy over? Is there still a chance I don’t lose this money? Yes I know I can sell now and cut losses. Just curious if any I have left are worth keeping.
Anyone else got burned or still have skin in the game?
Still hold .937 shares because it won’t let me sell fractions.
Got lucky with BBBY WHEN IT WAS 5 dollars months ago thinking it may go back to pre corona numbers (15) and I’d hold for a 20% dividend for a year or so. Sold at 50 dollars. 100 shares
Still holding BB at 9 dollars a share. Was thinking semi long term when I originally bought. Guess I should sell at a peak and buy back in if that is the case
Bought NOK at 4.96. Missed the spike and probably going to lose my money now. But hopefully there is some long term ability. They are doing a lot with 5G
biggest regret: Bought NAKD at 2.48 purely off of hope of doubling and jumping looked promising at first. Then Robin Hood and all momentum shifted. Most likely going to lose all my money because it doesn’t look like a good company.
Anyone think any of these companies can make it? Is the crazy over? Is there still a chance I don’t lose this money? Yes I know I can sell now and cut losses. Just curious if any I have left are worth keeping.
Anyone else got burned or still have skin in the game?
This post was edited on 1/29/21 at 4:05 pm
9
Posted on 1/29/21 at 4:02 pm to TigerCrude
I was buying GME back in September thinking the consoles would push it. I sold all I had in December. I bought back in at 30, sold then back at 100. Then back at 255.
Posted on 1/29/21 at 4:08 pm to TigerCrude
quote:
Bought NOK at 4.96. Missed the spike and probably going to lose my money now. But hopefully there is some long term ability. They are doing a lot with 5G
I'm in for a decent amount of money on NOK at an average cost of 4.54/share. I would hold if I were you. I think they're getting caught up in the frenzy this week (I'm not really even sure why), and it's also much harder to move given the public float as compared to GME and AMC.
The long term potential is clear. It's not going to have the larger upswing movements like BB or the internet stocks, and it's not a 'sexy' hold, but if you sit on it you may look down and see it around $10/share in 3-4 years.
Posted on 1/29/21 at 4:10 pm to TigerCrude
You baws should stop roulette style gambling in these short squeeze stocks and put all that money in STLHF and TELL instead. It may take 6-12 months but you'll have a much better chance at a multi bagger than coming in late to the game in a short squeeze.
Posted on 1/29/21 at 4:11 pm to GeneralLee
Ooo trust me I am much more of a long term investor but I made money on GME purely with play money and got sucked in. I’m in TELL and STLHF.
Even if I lose all the money I have in nok and nakd I’ll still be plus 2g from Gme and bbby. Now I can put long term into something else. That’s how I looked at it.
Even if I lose all the money I have in nok and nakd I’ll still be plus 2g from Gme and bbby. Now I can put long term into something else. That’s how I looked at it.
This post was edited on 1/29/21 at 4:13 pm
Posted on 1/29/21 at 4:14 pm to TigerCrude
I threw $150 into nkd just for funsies, is there any reason to hang on and it might take is again or should I just go ahead and sell it now
Posted on 1/29/21 at 4:16 pm to TigerCrude
NOK and NAKD burned me today
Sold for a loss and bought more AMC before Robinhood limited buys
Can’t wait to withdraw next week and never use those scumbags again
Sold for a loss and bought more AMC before Robinhood limited buys
Can’t wait to withdraw next week and never use those scumbags again
Posted on 1/29/21 at 4:17 pm to TigerCrude
from the top of the mountain, i lost a lot of money on the way down on BB, but still doubled my money there. just hurts to lose that much after the fun climb. lost on AMC and NAKD...but was just playin around in those positions.
Posted on 1/29/21 at 4:19 pm to TigerCrude
My dad bought 200 shares of GameStop at $4.10 about 6 months ago. He was up 40% and sold it. If he kept his $800 value it would be worth $69k. He’s not very happy right now.
Posted on 1/29/21 at 4:29 pm to CHiPs25
ouch...probably better to just not do the math on that one.
Posted on 1/29/21 at 6:45 pm to TigerCrude
You got “sucked in” to the extent someone who decides to do heroin for the first time got “sucked in.”
Stop shifting blame. The first step to your learning experience is recognizing you were the one who hit the buy button. The more people who take responsibility for their actions, the less likely we’ll be to have speculative bubbles in the future. But, alas, as Jim Grant says, “In science, knowledge is cumulative. In finance, it’s cyclical.”
There will be many more speculative manias that “suck people in” in the future.
Now, if you have a broker or other fiduciary who was selling you something unsuitable, I could sympathize. But if you’re getting into the world’s smartest game on no other basis than a hope and a dream you heard on the Internet, you deserve to walk away with empty pockets.
Stop shifting blame. The first step to your learning experience is recognizing you were the one who hit the buy button. The more people who take responsibility for their actions, the less likely we’ll be to have speculative bubbles in the future. But, alas, as Jim Grant says, “In science, knowledge is cumulative. In finance, it’s cyclical.”
There will be many more speculative manias that “suck people in” in the future.
Now, if you have a broker or other fiduciary who was selling you something unsuitable, I could sympathize. But if you’re getting into the world’s smartest game on no other basis than a hope and a dream you heard on the Internet, you deserve to walk away with empty pockets.
Posted on 1/29/21 at 6:59 pm to RedStickBR
I got sucked into buying APPL, MSFT, DAL and a few more at a 6-8% bargin.
Posted on 1/29/21 at 9:50 pm to RedStickBR
quote:
You got “sucked in” to the extent someone who decides to do heroin for the first time got “sucked in.”
Stop shifting blame
quote:
RedStickBR
1. You’re a fricking idiot
2. You’re a fricking idiot
3. I’m not shifting blame. I made 8 grand profit in a week. Lost 4 of that. So in all I have my initial investment plus 4 grand to invest in legit companies. Sounds pretty good to me. This isn’t my first time investing. But when I can throw a grand in and make 4. I’ll take that.
4. You’re a fricking idiot.
5. frick you and frick off.
Posted on 1/29/21 at 10:43 pm to RedStickBR
quote:
RedStickBR
Even if people lost money, or will lose money in the future, it will be more "worth it" than any investment they ever made in their life; if it actually results in a change that quashes the current short sell system.
Now if you laugh at that, and are only after money then that is fine. But your children wont ever respect you the way they respect the people that held the line and actually created change.
Posted on 1/30/21 at 12:20 am to James11111
Got burned on KOSS. Bought at $98 and watched it get to $127.Took a shower and came back to computer and it was dropping like a rock. Got out at $30.lost about $2100 in a matter of 20 minutes. Today it bounced back up to around $105.I should have just waited it out. Live and learn.
Posted on 1/30/21 at 8:18 am to James11111
quote:
Even if people lost money, or will lose money in the future, it will be more "worth it" than any investment they ever made in their life; if it actually results in a change that quashes the current short sell system. Now if you laugh at that, and are only after money then that is fine. But your children wont ever respect you the way they respect the people that held the line and actually created change.
Why does the current “short sell system” need to be quashed? They provide liquidity just the same as others do and if they get greedy and take too large a position, they have the potential to lose their arse.
Posted on 1/30/21 at 8:19 am to TigerCrude
quote:
1. You’re a fricking idiot 2. You’re a fricking idiot 3. I’m not shifting blame. I made 8 grand profit in a week. Lost 4 of that. So in all I have my initial investment plus 4 grand to invest in legit companies. Sounds pretty good to me. This isn’t my first time investing. But when I can throw a grand in and make 4. I’ll take that. 4. You’re a fricking idiot. 5. frick you and frick off.
Bravo. You met my exceedingly low expectations on what I could expect as a response.
Posted on 1/30/21 at 9:37 am to AirbusDawg
quote:
Bought at $98 and watched it get to $127.Took a shower and came back to computer and it was dropping like a rock. Got out at $30.lost about $2100 in a matter of 20 minutes. Today it bounced back up to around $105.I should have just waited it out. Live and learn.
I’m genuinely curious as to what you learned from this
Posted on 1/30/21 at 11:49 am to RedStickBR
Not short selling in general. It definitely has its place in risk management.
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