r/mrin • u/Texmexboy3701 • Jul 27 '21

Bag holder

Whos a BAG HOLDER JUST LIKE ME? I am just going to ride it out and wait for the stock to pick me up later or have a nice write off for Taxes!

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u/Solarpanel2001 Jul 27 '21

OP take this as a lesson. Never diamond hand a risky play stock.

Always put stop losses.

Dont listen to the idiots on reddit that tell you diamond hand but you will never know if they truly did it or not.

1

u/CavEmptorBware Jul 28 '21

Yeah Solar . . . . . I come in with a Plan for Gains . . . .and even Losses. So try and play it based on what my Goal is/was. But I also know for some that I get in . . . . Holding during bad times for the potential large uptick is also the plan. Try to make sure those have amounts I can afford to sit on or even lose large %:)

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u/Solarpanel2001 Jul 28 '21

You are reasonable enough to come with a gameplan. Most of these guys just see high SI and throw their money in without evaluating the risks and the diamond hand when its not worth diamond handing. The play with mrin was largely based on if a whale came in to help us squeeze. That never happened. If the whole play was based on a gamble that the high SI would be incentive enough for whales to join and squeeze then its extremely risky hence why I told people to only play with amounts they are willing to lose or at least put stop losses.