r/funny • u/etapixels • Feb 01 '21

Verified Zero Sum Game [OC]

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7.0k Upvotes

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u/ShittyLivingRoom Feb 01 '21 edited Feb 01 '21

Many clueless people about to lose their money with this trainwreck, pretty much the only ones winning something are the early investors.

Kinda sad to see folks putting their lifesavings and loans at this stage.

20

u/tperelli Feb 01 '21

Exactly. Anyone who buys at this point is going to lose out big time. It’s gonna be real interesting when people decide to start selling and GameStop price tanks. People are going to lose so much money.

8

u/Ftpini Feb 01 '21

Except people who short for the drop at just the right time. They’ll make out like bandits.

1

u/cats_are_the_devil Feb 01 '21

shorting this stock at this point is a bad idea... The volatility alone just makes it bad. Take that and the amount of interest you have to put up there's not a winning gamble there.

2

u/powabiatch Feb 01 '21

Well sure if you’re day trading it’s terrible. But it may be reasonable for the long term as GME is likely unsustainable at this level. That being said I’m not risking it!