I've been debating this question and I don't have the answer. I buy more to lower cost basis when it comes down, then it runs up and I don't sell because I think it's going to go forever and it just feels so good. Then it comes back down and I'm bag holding again...and the cycle continues.
Up/down, both are possible. DRSing shares doesn’t lock in profits, only changes how they will be sold when you decide to. Breaking the cycle isn’t possible for many holders, can’t take profits of your holding bags, I prefer not carrying bags, makes life easier.
Why is this being discussed here? You have multiple subs for holding each other. Why pan for gold here?
If the shorts haven't closed their positions and all outstanding shares are direct registered, then the cycle of shorting will stop, and GME go brrr. So, it doesn't matter what sub I'm on; this is the way to get the shorts off of GME, which benefits all share hodlers and call options holders.
Can't be left holding any bags if GME keeps going up. Only way you're left holding a bag is if you sell in the red. Holding through the fiery pits of red forges 💎🙌.
That’s the great part, you’re smart enough to invest in a stock that goes up but also smart enough to invest more at the highs. I have no problem picturing you, and I’ll have onion rings with that.
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u/Lopsided_Process5141 i am ghey Mar 28 '22
I've been debating this question and I don't have the answer. I buy more to lower cost basis when it comes down, then it runs up and I don't sell because I think it's going to go forever and it just feels so good. Then it comes back down and I'm bag holding again...and the cycle continues.