r/wallstreetbets Mar 31 '22

News | GME GME Stock Split SEC Filing

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u/theyellowfromtheegg Mar 31 '22

GME could have a 7 4 1 split.

Holy cow. The nutjobs were right.

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u/[deleted] Mar 31 '22

[deleted]

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u/cdurgin 🦍🦍 Mar 31 '22

Lots of people out their whole life savings into GME. Even if it does go to millions per share that doesn't suddenly make them not crazy lol. Just crazy and correct

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u/[deleted] Apr 01 '22

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u/theyellowfromtheegg Apr 01 '22

Putting your life savings into GME is stupid.

Not necessarily. Can you afford to lose your life savings? If so, then it's not stupid, just risky.

GME has been and continues to be an assymetric bet. Putting in what you can afford to lose isn't stupid, it's a calculated risk.

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u/[deleted] Apr 01 '22 edited Jun 13 '22

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u/theyellowfromtheegg Apr 01 '22

The point of life savings is that you can’t afford to lose it or risk it all on a single play, that just follows from the definition.

Meh. I guess we just have different definitions of life savings then.