Investing General Discussion

Sanrith Descartes

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Tarrant

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I've done really well with HEXO since they did their reverse split. Can someone tell Elon to tweet about it, or tell Reddit to jump on that one next? :emoji_sweat_smile:
 
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Borzak

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One would think once this is pulled off and has worked it would quickly lose it's ability to work again. Who knows.
 

Falstaff

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The next time it’s going to happen even faster as half these idiots are left holding the bag when they bought in at $200 and can’t sell.
 

Gravel

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Yeah, thinking about it more, my point about not putting enough into it to matter really prevents me from caring.

I think at most I'd do 2k, which once it doubled I'd probably pull it out. $2k upside isn't very exciting when my other investments swing by more than that most days.

It's definitely fun to watch, but I'm way too risk averse for it. And I'm 100% equities.
 

Sanrith Descartes

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Yeah, thinking about it more, my point about not putting enough into it to matter really prevents me from caring.

I think at most I'd do 2k, which once it doubled I'd probably pull it out. $2k upside isn't very exciting when my other investments swing by more than that most days.

It's definitely fun to watch, but I'm way too risk averse for it. And I'm 100% equities.
I don't follow the logic. 2k is 2k. If doubled becomes 4k. If doubled becomes 8k. Whatever your current wealth level, 2k is 2k.

Now I totally get not trading a safe option play writing puts for 8 or 10 cents premium that has zero chance of assigning. I get that. That is 8 bucks a contract less fees if any. 2k though to me is a real amount of money. My daughter's custodial account started with 2k and it up around 10k now.

To each their own I guess.
 

Tarrant

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I'm worried I'm not gonna get my limit order of 8.33 and wondering if I should cancel it and raise the price on it. Suggestions? Jackie Treehorn Jackie Treehorn I've never done a limit order before now.
 
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TheBeagle

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Whelp, time to liquidate my CCIV stake and buy a dying theatre chain. Embrace the clown.
mr rogers clown GIF
 
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LachiusTZ

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Wouldnt this whole event pump so much raw cash into GME that it is less likely to have a going concern issue?
 

Loser Araysar

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Wouldnt this whole event pump so much raw cash into GME that it is less likely to have a going concern issue?

I dont think cash is GMEs problem. Although Im sure they could use more cash. Theyre just a dying company thats been obliterated with the 1-2 punch of games being downloadable and malls being closed due to covid.

Shorting GME was probably the smart play. Letting a bunch of nerds find out you were shorting it was the mistake.
 

Kiroy

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I dont think cash is GMEs problem. Although Im sure they could use more cash. Theyre just a dying company thats been obliterated with the 1-2 punch of games being downloadable and malls being closed due to covid.

Shorting GME was probably the smart play. Letting a bunch of nerds find out you were shorting it was the mistake.

ya what are they going to do, open more stores?
 

Loser Araysar

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ya what are they going to do, open more stores?
when this whole thing was still kicking off, all the WSB autists were pitching amazing ideas of how to revitalize GMEs lagging business to justify higher stock prices.

they were all hilariously retarded, like PC building workshops in stores
 

Kiroy

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when this whole thing was still kicking off, all the WSB autists were pitching amazing ideas of how to revitalize GMEs lagging business to justify higher stock prices.

they were all hilariously retarded, like PC building workshops in stores

if I woke up one day and I was in a gamestop building a pc in their workshop i'd just assume i'd died and gone strait to hell