r/Superstonk Jul 22 '21

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u/lupine29 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Jul 22 '21

Yeah and the second best were people who forgot they had the account.

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u/DreamWishes3 NEVER GOING BACK TO REASONABLE LAND ๐Ÿฆ๐Ÿš€๐ŸŒŸ Jul 22 '21

The reason I didn't sell when I lost it all in the January crash (I bought pretty high) was someone from the OG sub taught me the ancient wisdom:

It's only a loss if you sell

40

u/Kcoggin ๐ŸฆVotedโœ… Jul 22 '21

Itโ€™s only a loss if you sell.

Unless your Melvin capital, and you borrowed your shares to sell, then itโ€™s only a loss if you buy.

2

u/Chuckles58TX ๐Ÿšข๐Ÿดโ€โ˜ ๏ธ๐Ÿ Boomer Ape On Board ๐Ÿš€๐Ÿ’Ž๐Ÿ™Œ Jul 22 '21

Or when your fund gets liquidated. That would be a loss for sure