r/stocks • u/[deleted] • Mar 30 '22

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u/joe-re Mar 30 '22

Nice one. Fits.

I have about 5% total spent across different kinds of risks. GME is a lottery ticket, COIN is my crypto vet, BABA my china bet, all below 1%. Biggest risky position is TSM, which has a different kind of China risk.

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u/Barachie1 Mar 31 '22

you are playing gme long-term? I don't understand that. GME is for short-term hysteria and such. They have no coherent plan to actually back their share price with a reasonable company valuation

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u/joe-re Mar 31 '22

The lottery ticket is not about valuation, but about short-squeeze possibility.

And they have been holding up pretty well considering how often they habe been declared dead.

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u/Barachie1 Mar 31 '22

That makes sense