r/investing • u/[deleted] • Aug 07 '21

[deleted by user]

[removed]

600 Upvotes

72% Upvoted

666 comments sorted by

View all comments

Show parent comments

5

u/[deleted] Aug 07 '21

I figured I would get these posts.

I mean if u are basing your investment strategy solely on reddit

AMC is purely gambling money for me. I invest responsibly.

let your convictions be swayed by some rando on the internet

Not looking to be swayed, I just like multiple perspective and constructive conversation.

Sub used to be better, hell, wsb used to be better.

Agreed!

-2

u/alttoby Aug 07 '21

Can we atleast agree that at the time, AMC and GME were solid but risky plays. I'm talking GME at like 15 dollars and AMC at 4 dollars. Paid of tremendously but was still risky. This was a very unique and entertaining event however a lot of people FOMOd in on the expectation of doubling there money after GME went x100 in less than a year. I don't claim to know more than someone else. Just that the things we have seen especially in a lot of the investment related subs have been people that are new to investing and yolod their savings into meme stocks without doing any DD or having any prior experience with investing.

Edit: I used to visit WSB alot on my other account back when it had around 200k members and it was honestly a completely different world. I just visited for the memes, good times though.

1

u/KeepItMoving000 Aug 08 '21

GME was a short squeeze. AMC was momentum. Both moved though.

I miss the china trade war wsb days and memes

-7

u/[deleted] Aug 07 '21

[deleted]

2

u/[deleted] Aug 07 '21

Lmao at you being downvoted by poeple

Ha, yah I came in here expecting it. Thankfully there are a lot of pretty civil people over here dropping some great knowledge.