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Started By
Message
1
Posted on 2/15/21 at 10:10 am to Auburn1968
Posted on 2/15/21 at 10:12 am to Pendulum
quote:
Getting 6% from a blue chip vs 6% from a small spec is not equal. You lost if you are in the small spec.
Why?
Posted on 2/15/21 at 10:25 am to JDGTiger
In what way is he a victim? 
Posted on 2/15/21 at 10:27 am to JDGTiger
For every buyer there is a seller. Mr. Vergara was buying when I selling.
10% of trading is knowing when to buy 90% is knowing when to sell.
10% of trading is knowing when to buy 90% is knowing when to sell.
Posted on 2/15/21 at 10:33 am to Nguyener
You have to consider risk somehow when you invest. Just turning around at the finish line and assessing performance is not necessarily telling.
If I'm investing in a blue chip big cap stock and want 7% return, taking that same money and putting it in a small cap, I need 11% or 12% or it wasn't worth the added risk, if I said risk hurdle was 4 or 5% say
Professional traders always consider risk. Because I could have lost everything on some spec, the chances of losing everything or even close is minimal in a large cap blue chip so if the return is the same, the small cap wasn't the smarter investment in that scenario even though the return was the same
If I'm investing in a blue chip big cap stock and want 7% return, taking that same money and putting it in a small cap, I need 11% or 12% or it wasn't worth the added risk, if I said risk hurdle was 4 or 5% say
Professional traders always consider risk. Because I could have lost everything on some spec, the chances of losing everything or even close is minimal in a large cap blue chip so if the return is the same, the small cap wasn't the smarter investment in that scenario even though the return was the same
This post was edited on 2/15/21 at 10:37 am
Posted on 2/15/21 at 10:39 am to JDGTiger
How can you call someone a victim when they took a loan out to buy gamestop LOL he deserves to lose money
Posted on 2/15/21 at 10:46 am to r0cky1
A victim of his own greed. He wanted easy money and greed (his own) got the best of him. It’s happened before and will happen again; all part of the human condition.
Posted on 2/15/21 at 11:08 am to CE Tiger
“Journalists” are dying for stories on this. If you lost 50 bucks these morons will write a cautionary tale on your experience.
Posted on 2/15/21 at 11:20 am to LSUSUPERSTAR
quote:
I'm down $53 from my $AG purchase, I need to be in an article. ?
I placed an order for a single share of GME just to say I did it. It would've literally been at the very very top. Fortunately trading halted seconds after I hit the button and it never filled.
COULD HAVE BEEN ME!!!
Posted on 2/15/21 at 11:45 am to JDGTiger
Victims?
These guys don't know the risk or this or even any volatile stock purchase?
Come on already...
These guys don't know the risk or this or even any volatile stock purchase?
Come on already...
Posted on 2/15/21 at 11:54 am to CE Tiger
quote:
Idiots These guys are getting in articles for a $1200 loss?
No shite. WSB would ban your arse posting those numbers as “loss porn.”
Posted on 2/15/21 at 12:12 pm to JDGTiger
Play stupid Gamestops, win stupid prizes 
Posted on 2/15/21 at 2:54 pm to JDGTiger
I sold my AMC for an $1,800 short term loss and flipped what was left to TSNP. Overall, I am up about $3,000. Moral of the story, sometimes you take an L in investing. Experience teaches that you know when it is ok to take the loss to try to find another opportunity to law the money back.
Posted on 2/15/21 at 3:06 pm to JDGTiger
quote:
Then Mr. Vergara, a longtime reader of the WallStreetBets page on Reddit, saw others posting about buying GameStop shares and the stock’s colossal rise.
Sounds like a totally bullshite story to me. If this guy was truly a longtime reader of WSB page, then he would have known about the short squeeze and gotten in long before the stock got to 250. Either the story is pure fiction or this guy proves the adage, a fool and his money are soon parted.
Posted on 2/15/21 at 3:20 pm to JDGTiger
Hedge funds who short stocks have caused far more damage to people who have made much better investments .
Posted on 2/15/21 at 3:42 pm to JDGTiger
Everyone here was pumping the shite out of it. Fundamentals are strong!
Posted on 2/15/21 at 3:53 pm to JDGTiger
quote:
He bought shares at $234 each.
GameStop shares started the year around $19, zoomed to nearly $350 (and almost hit $500 in intraday trading) in late January, and then began to spiral back to earth.
So he got into the party late and then didn't get out when it peaked? Sounds like he made a poor choice.
quote:Bought at the absolute peak and then doubled-down?
When Tony Moy bought about $1,200 of the shares, two at $379 and two more a few days later at $228, “I knew it was, intrinsically, the wrong move,” he said.
How are these people "victims?" They just made horrible decisions; welcome to the stock market.
I wonder how those people who were invested in GameStop when the big investment firms shorted it felt when they possibly sold their shares?
This post was edited on 2/15/21 at 3:54 pm
Posted on 2/15/21 at 4:27 pm to JDGTiger
Millions of people lose thousands of dollars everyday on a multitude of ventures they don’t understand.
Somehow these incidents are a big deal?
Somehow these incidents are a big deal?
This post was edited on 2/15/21 at 4:27 pm
Posted on 2/15/21 at 7:06 pm to JDGTiger
He's not a victim, he's an idiot.
This should be illegal because it's so stupid
quote:
He didn’t want to touch his index-fund investments, so instead he got a personal loan with an 11.19% interest rate from a credit union and used it to fund most of his GameStop purchase. He bought shares at $234 each.
This should be illegal because it's so stupid
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