Mist
REEEEeyore
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Investing General Discussion
- Thread starter Furious
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Rangoth
Blackwing Lair Raider
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yea, but at least publicly, he’s never stated anything of that nature. I dont pay super close attention but I’ve never even heard him make suggestions on what he would do to save GameStop, etc. if so I’d be interested to hear
i like gamestop(place not stock) and used to shop there probably like all of us. But I equate it a lot to how Netflix destroyed old school blockbuster. GameStop should have got on board a long time ago with modern times and becomes some like steam or maybe even Netflix where you could ‘rent’ games. they fell behind like many legacy companies do and deserve their fate.
anyway, I’m a glutton for punishment so I bought calls for the same date as the dude, only C30 June 21st. So not his beautiful entry and not even close to his amount, a much smaller number which I assume I will lose. Though it is already worth 60k after 1 day lol. 30% gain in less than a day
i Am trying to decide if I hold to expiration(which he did last time at great value) or just laugh at my small but quick profits at some point….i imagine I will pivot on that thought daily and depending on momentum.
Burnem Wizfyre
Log Wizard
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Take your tendies as soon it begins to turn, don’t ape hands.
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Sanrith Descartes
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Sanrith Descartes
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Rangoth
Blackwing Lair Raider
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ohhhh I’m with you. This is a 100% willing to risk meme play. I am not a believer in the cause nor am I gonna diamond hands to stick it the man. I pretty much avoided this crap round 1, but I figured I watched this closer now so I basically bought my options(no way I want shares of GME) at 2$ above their intrinsic value and now with tonight’s after hours i Should be up over 100% already lol.
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Burnem Wizfyre
Log Wizard
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History tells me it’s going to fall back to $20-$30 today after several halts.
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Palum
what Suineg set it to
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Flobee
Vyemm Raider
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My 2c on GME. You're never going to 'defeat' the system from within the system. They're just going to keep changing the rules until they win and you lose. It's like trying to win Monopoly against the banker that is openly using the bank to fund themselves. You only win by flipping the board and walking away.
I respect the direction they're trying to go and it is going to have the effect of waking people up to how broken the market really is, but if you want to actually win you have to exit. Bitcoin is, IMO that exit and this is a big reason I hold it. GME believers are just Bitcoiners that may not know it yet.
That being said its fun to watch this all go down, solid memes.
I respect the direction they're trying to go and it is going to have the effect of waking people up to how broken the market really is, but if you want to actually win you have to exit. Bitcoin is, IMO that exit and this is a big reason I hold it. GME believers are just Bitcoiners that may not know it yet.
That being said its fun to watch this all go down, solid memes.
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That last part about him potentially exiting on the stream is why I cashed out last night with a trivial profit
Burnem Wizfyre
Log Wizard
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Sanrith Descartes
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Sanrith Descartes
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They decided to report earnings early with the stock over $60 after hours.And now $GME has filed to sell 75 million more shares.
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Gravel
Mr. Poopybutthole
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I know we have a crypto thread, but I feel like every year this one comes up and I always laugh. The bitcoin people will always talk about the reasons crypto is viable as an actual currency and store of value, and then everything always comes back to using it as a way to make money. Which flies in the face of why it's a good currency because stable currencies don't just fluctuate in value to make you rich.