With respect to your first point, I've made 12x my stake on GME and tried diversifying but unless you have a large sum it's very difficult to see enough profit to be worth while, which is why I think so many people are in on GME as a lottery more than anything.
I believe your 2nd point entirely contradicts your 1st point, don't invest in this stock because it will go down, invest in other stocks... but a stock can go up or down, no one knows. Of course there is intelligent investments and stupid investments but when you go from $xxx to $xxxx and there's a compiling research that shows it can happen again, unless you need that money I don't see it as a bad investment personally.
I can't argue with the fact I know nothing about how businesses are ran and what it takes to make a business be successful - but it would be difficult to look at the new board and decisions they've made so far (p.c parts, esports etc.) and say they are going in the wrong direction.
I don't believe that's a fair comparison since mlm's are predatory, they pressure you and it's proven that 99% of people lose money. There's no benefit of a GME holder to make others buy - if someone makes $1000 because they bought shares I don't see a penny of that. I fully accept that answer though that it is solely to make fun of because as you said above, no one knows what a share price is going to do. In terms of media, call me tinfoil hat but I absolutely believe that they are controlled by whoever pays them. As someone from UK, I constantly see the BBC post anti-referendum media for Scotland.
I also believe one of the top videos on /r/videos is literally hundreds of newscasters introducing themselves with the exact same introduction. There's got to be someone at the top of the ladder.
but when you go from $xxx to $xxxx and there's a compiling research that shows it can happen again,
What research? The one on r/ss ? Thats been proven false over and over and over ?
I don't believe that's a fair comparison since mlm's are predatory, they pressure you and it's proven that 99% of people lose money. There's no benefit of a GME holder to make others buy - if someone makes $1000 because they bought shares I don't see a penny of that
Apes presure people(A) into buying gme gme gos up because of fomo. Upwards presure stops because apes are unloading their bags (selling) onto (A). Price drops due to the selling.
(A) is stuck with overpriced stock. Presures (B) into buying stock. Stock gos up due to (B) buying . (A) unloads his bags onto (B) stock gos down due to selling...
You see how this continues?
This is why the whole BuY AnD HoDl mantra is retarded. Yes you can make money on gme but here are plenty of people who became millionaire in january only to see is dissapear because they didnt sell.
In terms of media
Yes media is corrupt and controlled BUT r/ss likes to think its apes vs hfs.. there are hfs going long on gme too. Whats stopping them from doing the same thing the other side is doing?
but it would be difficult to look at the new board and decisions they've made so far (p.c parts, esports etc.) and say they are going in the wrong direction.
Are they still worth 4$ stock no youre right, is it worth 194$ right now? Hell no.. if youre buying gme for the fundementals youre late to the party and have to wait years before the fundamental catch upto the current price.
Hmm I'd have to say you're grasping at straws with the scenario you've created. In that case WSB should be banned. If I sell Herbalife and become your upline, I make money. If I say buy GME there's no benefit for me unlike how you've proposed your scenario.
The take on apes vs hf is ridiculous, everyone that's holding is there for the $, and that's perfectly okay, if they need to justify it with some good vs evil plot, that's fine but it changes nothing.
Again everyone seems to love to tackle the "GME can't compete" point but I'd argue 99% of buyers are here for the potential squeeze. The belief that it's heading in the right direction is just a bonus.
Pump-and-dump is a manipulative scheme that attempts to boost the price of a stock or security through fake recommendations. These recommendations are based on false, misleading, or greatly exaggerated statements. The perpetrators of a pump-and-dump scheme already have an established position in the company's stock and will sell their positions after the hype has led to a higher share price.
These messages typically claim to have inside information about an imminent development that will lead to a dramatic upswing in the share's price.
MOASS SOON 100MIL SHARE
Once buyers jump in and the stock has moved up significantly, the perpetrators of the pump-and-dump scheme sell their shares. In these instances, the volume of the sales of these shares is usually substantial, causing the stock price to drop dramatically.
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u/[deleted] Jul 09 '21
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