Gamestop frenzy

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If you’re still long GME, take a look at your portfolio. Lol
It’s been fun. I sat out gme but two guys I work with were going a bit crazy with it, one of whom it’s the first time he invested other than 401k etc. I think he entered in the 40’s and got out in the high 300’s. Good on him. What’s funny is he got in as i turned him on to wallstreetbets and showed him what they were doing. I’m not even going to attempt to guess what’s going to happen with this next. It was fun to see a couple guys sitting next to me having so much enjoyment for a period of time. I just can’t chase hype like that it’s like playing whack-a-mole.
 
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It’s been fun. I sat out gme but two guys I work with were going a bit crazy with it, one of whom it’s the first time he invested other than 401k etc. I think he entered in the 40’s and got out in the high 300’s. Good on him. What’s funny is he got in as i turned him on to wallstreetbets and showed him what they were doing. I’m not even going to attempt to guess what’s going to happen with this next. It was fun to see a couple guys sitting next to me having so much enjoyment for a period of time. I just can’t chase hype like that it’s like playing whack-a-mole.
I’m just laughing because it’s up about 270% after hours. Apparently some people didn’t learn their lesson?
 
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Good to watch overall.

I don't have much sympathy though for those who are retail individual investors crying about losing gains with Robin Hood or PE firms manipulating the stock - when that's what they have done too.

Everyone wants free money for doing nothing - its a zero sum game when you speculate hard like this! Someone has to lose for you to win your free money.
 
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If you’re still long GME, take a look at your portfolio. Lol

I bought a few shares last week for fun when I saw DFV had doubled down. I thought I might get a small little trade out of it. I'm not sure I can go through this again. I just got over my nervous exhaustion from the first squeeze. 😲
 
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Good to watch overall.

I don't have much sympathy though for those who are retail individual investors crying about losing gains with Robin Hood or PE firms manipulating the stock - when that's what they have done too.

Everyone wants free money for doing nothing - its a zero sum game when you speculate hard like this! Someone has to lose for you to win your free money.
Yep.
“If you can’t spot the sucker at the table...”
 
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I only invest money I can afford to lose.
Yesterday I sold some shares to buy AMC, so far so good! (again we are not talking about sums that has the potential to trigger a "Check out my new __________")
 
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I only invest money I can afford to lose.
Yesterday I sold some shares to buy AMC, so far so good! (again we are not talking about sums that has the potential to trigger a "Check out my new __________")

Seiko 5? The answer is Seiko 5 right?
 
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I only invest money I can afford to lose.
Yesterday I sold some shares to buy AMC, so far so good! (again we are not talking about sums that has the potential to trigger a "Check out my new __________")

I’ve had a great start to the year with Argo Blockchain ...completely recovered lasts years losses in 10 days and all of a sudden I’m starting to covet a particular AT..
 
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Here we go again, +40% so far today...

If only I'd been dumb enough to yolo on round two of this. Oh well, I'm sitting on a few shares and enjoying the ride.
 
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If only I'd been dumb enough to yolo on round two of this. Oh well, I'm sitting on a few shares and enjoying the ride.

Or..... it could've gone to zero (which is where it *should* be, given the fundamentals). You'd be kicking yourself for that YOLO buy.
 
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And up 100% more today - around $240 a share as I type this.
 
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And up 100% more today - around $240 a share as I type this.
100%?!
We must be reading different charts...
 
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100%?!
We must be reading different charts...

Problem with looking at a headline and not looking at the charts. Whoops
 
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One of my coworkers bought in at $40, sold at $150, got FOMO and bought back in at $320, then sold when it went back down to $60.

He's not the sharpest knife in the electrical socket.
 
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One of my coworkers bought in at $40, sold at $150, got FOMO and bought back in at $320, then sold when it went back down to $60.

He's not the sharpest knife in the electrical socket.
Send someone to lock all the windows that are with proximity to his desk.
 
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Send someone to lock all the windows that are with proximity to his desk.

I've found him to be very educational; when he starts talking, I open a book.
 
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Well, that was a wild ride today. If you just look at the opening and closing price, you would’ve thought it was a boring day.
 
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GME is so indicative of how crazy the market is these days. I bought some the first time it got jacked up, just to roll the dice and have a front row seat. Not too much (I’m not completely stupid) but left holding the bag, and it was well deserved. Some actions deserve a penalty. I kept it as a souvenir and a reminder of a good lesson. Some time later I heard that it was back from the dead and closed out a small winner. Now it’s back again.

I swear, you could try to lose money in this market on purpose and fail spectacularly.