BatteredFanSyndrome Posted January 27, 2021 Share Posted January 27, 2021 I'm also a dummy, just sitting here waiting for my returns watching it drop steadily. 1 Link to comment Share on other sites More sharing options...
Spaceman Spiff Posted January 27, 2021 Share Posted January 27, 2021 1 minute ago, Barry.Randolphe said: to use Reddit speak, I'm glad to meet a fellow retard Proud to know ya If I can get out with enough to buy the new rowing machine that I want, this will be a success. 1 3 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted January 27, 2021 Share Posted January 27, 2021 I just leaned in on some AMC!! wait...what? 1 3 Link to comment Share on other sites More sharing options...
No Excuses Posted January 27, 2021 Author Share Posted January 27, 2021 (edited) Basically what I did with GameStop. I threw in 1K for the memes when it was at 60. Best case scenario, I’m remodeling my home office with Herman Miller soon or making a bigger downpayment on a Tesla. Lol Edited January 27, 2021 by No Excuses 4 Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted January 27, 2021 Share Posted January 27, 2021 3 Link to comment Share on other sites More sharing options...
Spaceman Spiff Posted January 27, 2021 Share Posted January 27, 2021 45 minutes ago, BatteredFanSyndrome said: I'm also a dummy, just sitting here waiting for my returns watching it drop steadily. Go baby go!!! Wahoo!!!!! It's going back up!!! 2 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted January 27, 2021 Share Posted January 27, 2021 3 minutes ago, Spaceman Spiff said: Go baby go!!! Wahoo!!!!! It's going back up!!! 1 3 Link to comment Share on other sites More sharing options...
BatteredFanSyndrome Posted January 27, 2021 Share Posted January 27, 2021 Let's goooooo Stonks! 2 Link to comment Share on other sites More sharing options...
China Posted January 27, 2021 Share Posted January 27, 2021 Biden administration 'monitoring the situation' with GameStop's stock, White House says White House press secretary Jen Psaki on Wednesday said Treasury Secretary Janet Yellen and others in the Biden administration are keeping an eye on the huge moves being made by GameStop GME, 116.85% and some other stocks. "Our economic team, including Secretary Yellen and others, are monitoring the situation. It's a good reminder, though, that the stock market isn't the only measure of the health of our economy," Psaki said. 1 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted January 27, 2021 Share Posted January 27, 2021 AMC is climbing again before today's close 2 1 Link to comment Share on other sites More sharing options...
DCSaints_fan Posted January 27, 2021 Share Posted January 27, 2021 32 minutes ago, China said: Biden administration 'monitoring the situation' with GameStop's stock, White House says White House press secretary Jen Psaki on Wednesday said Treasury Secretary Janet Yellen and others in the Biden administration are keeping an eye on the huge moves being made by GameStop GME, 116.85% and some other stocks. "Our economic team, including Secretary Yellen and others, are monitoring the situation. It's a good reminder, though, that the stock market isn't the only measure of the health of our economy," Psaki said. They should just leave this up to the SEC .. if some laws were violated, fine. But there's no reason to suspect they were. But I'm wondering when the other shoe drops, and GME eventually plummets back to Earth (which it will)), and the shorters who timed the fall right eventually make money, do the people left holding the bag cry foul. Link to comment Share on other sites More sharing options...
BatteredFanSyndrome Posted January 27, 2021 Share Posted January 27, 2021 Down $4 in 11 minutes. 1 Link to comment Share on other sites More sharing options...
Momma There Goes That Man Posted January 27, 2021 Share Posted January 27, 2021 1 8 Link to comment Share on other sites More sharing options...
The Sisko Posted January 27, 2021 Share Posted January 27, 2021 Whoever writes for Steak-Umm really ought to be doing comedy writing.😀 1 Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted January 27, 2021 Share Posted January 27, 2021 Jesus tapdancing Christ 2 Link to comment Share on other sites More sharing options...
Fergasun Posted January 27, 2021 Share Posted January 27, 2021 It was initially a $50k investment. Guaranteed $14M... Where would you jump out of this rocket? Most would have been out at $200k... Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted January 27, 2021 Share Posted January 27, 2021 (edited) 4 hours ago, Fergasun said: It was initially a $50k investment. Guaranteed $14M... Where would you jump out of this rocket? Most would have been out at $200k... From what I've seen, this stock is so heavily shorted that it should keep going up and up and until this whale ends it For me, I'd probably hold until Friday and see how much higher you can get it. $14M is a nice bit of generational wealth Edited January 28, 2021 by Barry.Randolphe Link to comment Share on other sites More sharing options...
Going Commando Posted January 27, 2021 Share Posted January 27, 2021 This is a goldmine. Reddit is swept up in gold fever. The democratization of the market via no-fee investing apps plus investment advice/culture spreading chaotically through social media platforms with no entry barriers is colliding with this sort of working class hopelessness and populist zeal for striking a blow against wealth inequality. This feels dangerous. Link to comment Share on other sites More sharing options...
tshile Posted January 27, 2021 Share Posted January 27, 2021 Also. You know there’s other hedge funds out there piling on. If you watch billions you know what I mean. 1 Link to comment Share on other sites More sharing options...
Dr. Do Itch Big Posted January 27, 2021 Share Posted January 27, 2021 Is it ironic to me this Reddit dude dropped 50k and made 50 million but Cohen invested 76 million and his investment is now worth 1.3 billion. Link to comment Share on other sites More sharing options...
Barry.Randolphe Posted January 28, 2021 Share Posted January 28, 2021 Reddit is down and the after hours is dropping like hell....makes me wonder if people are spooked Link to comment Share on other sites More sharing options...
tshile Posted January 28, 2021 Share Posted January 28, 2021 It says I don’t have access. Do you have to be logged in ? Link to comment Share on other sites More sharing options...
Going Commando Posted January 28, 2021 Share Posted January 28, 2021 They set the subreddit to private. I imagine they were getting deluged by shills and bystanders. Link to comment Share on other sites More sharing options...
No Excuses Posted January 28, 2021 Author Share Posted January 28, 2021 4 minutes ago, tshile said: It says I don’t have access. Do you have to be logged in ? Subreddit is down and the discord was banned. This is only going to pour more gasoline on this whole thing. Just now, stevemcqueen1 said: They set the subreddit to private. I imagine they were getting deluged by shills and bystanders. Its closed to everyone, even if you were a member. 1 Link to comment Share on other sites More sharing options...
Metalhead Posted January 28, 2021 Share Posted January 28, 2021 Yeah other stocks were getting jumped on too, like NAKD. It was up 500% at one point this evening. I have a piddly 200 shares but not worth doing anything with it. It's coming back down now. Link to comment Share on other sites More sharing options...
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