2021 Stock Market
- Thread starter Mtowncyclone13
- Start date
i honestly think this thing has lost support and the game is over. that's not me "being a hater", but it can't hold these gains. if there really is that much pressure to shoot up why does it keep falling back regularly? because people want gains more than they want revenge.
i hope i'm wrong, doesn't matter to me much at all, but the talk of shooting to the moon seems more like the pump of a pump and dump than any rational investment idea.
Your put positions tell us otherwise.
It's fine to be against a stock but just own it man. Don't hide it under the **** you're hearing on CNBC
Yeah you can, but you can only trade up to 5 stocks.......it's still being manipulated.
The media is protecting their elites, we can’t really believe anything they say.
No, he posted that he bought a July 125 put.
I bet you will be wrong. It will be a rocky movement up because some people are going to bail out and sell to lock in gains. But there is a massive amount of people that will hold through any drop AND a long line of people that are jumping in. People are referencing the WV squeeze and GME has a long way to go before it hits the same levels. But you could be right and everything crashes, but I doubt it. At least not for a bit.
I did buy puts, but there seems to be some strange idea that people with a $7,000 option on a $5,000,000,000 market cap stock somehow can affect the price. Anyone who doesn't pump a stock on stocktwits, for example, is immediately called a basher or shorty. If you're getting investing advice based on anonymous social media posts that seems to be a larger problem than someone disagreeing with the valuation of a stock.
the thing i find most interesting is these retails investors are using their own money. they gain or lose. the hedge funds are using other people's money and can be far riskier and wait it out. the fund managers could lose everything in a short squeeze and they'll still get paid. so retail is fighting people with a lot less on the line.
I don't know about that. The retail investors aren't individually putting up significant amounts of cash. There's just a significant number of them putting up small amounts. So they could lose and (hopefully) not be concerned about it. That hedge fund manager won't get another opportunity after losing billions. So even if they don't have skin in the game (most likely do), it still affects them in the long run.
But I guess at the same time, they've already lost enough that they're probably done in anyways. So maybe the thought is to keep chasing that pot with the slim hope that you can get it back?
GME will come down, eventually. so if you can keep shorting it now you'll make out like a bandit at some point. imagine the guy who shorted VW at $900/share in 2008. Probably made millions
