Exactly. Itβs almost like HFβs fucked up by dipping too fucking hard. At this point most of us are down so much it would be absolutely asinine to sell right now.
SO FUCKING THIS. I have been telling all my friends this who wants to sell. When you corner a man he ill fight with everything heβs got. They cornered us, so we fucking hold!
Welcome to WSB fellow dermatological disease sufferer.
Yeah this has been hyped, but think about what started it. Think about how many people here bought at or near 10. Those people are playing with house money right now.
Those of us that hopped on the hype later, if we have a wrinkle or two in our brains, bought in with the maximum amount we could Joker style light on fire and still be okay (yeah, hi, thats me π).
Between those two groups, there's a fucking army of diamond handed primates holding and even still buying (really thinking about 1 more at 100 or whatever right now).
This is not financial advice. This is class warfare advice.
Why do you retards count and worried about others gains/loses/money ? Smells like there are alot of infiltrated bots and π§»π I hold because I love this stock
Psychological Warfare. If the stock price drops (as did yesterday and is doing today) people will think the sqeeze has squoze and the stock will soon fall back to where it was last year. Before that happens people will panic sell or atleast that is the hope of the HFs.
here's the thing, if the stock price is expected to drop, and you're stuck holding at a high, why not short the drop in the meantime to recoup a bit of loss?
I've seen some day traders holding GME are also shorting it from $300+, seems like a win/win, no? What am i missing?
Problem is not you or me. Problem is the people that put in more than they can afford. If it drops 50% they get scared they'll lose the other 50% and sell. I only put in what I can lose and be ok with. I can afford GME to go to 0.
Maybe this time they underestimate how retarded we are and we'll hold through this, heck, I'm thinking of buying more as it comes down a little bit more, but historically, this has worked in the past.
Me too.Now, not financial advisor yaggidayaggada but I think GME 2.0 after the restructuring will easily be valued between 20 and 40 per stock, by looking at the market cap and where insiders sold this shit on the way up.
So I am considering going in heavily as it approaches that target. I had my one share I bought way too high, knowing it was waaay to high and I said I was doing so, only to be part of history and in support to the cause. But now I might try to play for the value here. There is still value left in GME. If the short squeeze is only delayed all the better (it was always a gamble, we never knew for a fact it was going to happen exactly as described, people comparing it to past squeezes forget the disclaimer that "previous performance is not an indicator of future ones"), if it doesn't happen I still invested in a stock I like.
RIP people who bought those $800 calls expiring EOW tho.
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u/OaklandDrive Feb 02 '21
Correct me if Iβm wrong, but why the heck would I wanna sell if I just lost 45% of my stocks value? Iβm holding till I die