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.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.
Whelp, time to liquidate my CCIV stake and buy a dying theatre chain. Embrace the clown.
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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.
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.ya what are they going to do, open more stores?
use all their cash to acquire a company that makes money?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
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
use all their cash to acquire a company that makes money?