WSB has broken out the suicide hotline
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I think GME has immediate speculative value right now. Significantly so. I do not have the balls to get in though.
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The singular argument here is - fine, there’s some speculative upside but how will you know when it’s about to tank and get out just before that happens? What’s the exit plan?
Down to 130 pre-market. I’ve been wrong literally every step of the way here (I declined to buy when it was 18, then originally thought it would slowly decline after jumping up to 40), but I really think today is the day the bubble pops and people rush to exit their trades while they’ve still got some winnings.
So basically buy now because it’s a guaranteed 10-bagger.
AMC absolutely drilling, down 33%… Guess the memes are dead
Meanwhile, SPCE up like 50% over the last week on news cathie bought
Tesla has to recall 135,000 cars, which seems impossible since they don’t have dealerships
Up 4% premarket
STONKS
We have a dealership in my city.
I thought Tesla mostly had “stores” like in high end malls and stuff. Not a typical dealership with 1000 cars in a lot.
Not sure. I know we have a traditional dealership in Calgary. Only difference is it has maybe 50 cars in lot not hundreds.
I can’t tell you how many people I know were texting me about buying GME in the 300-400 range. I tried to tell them all that in the end the company was total shit and the price would reflect that. Unsurprisingly zero people that I know of sold so far. The retail bag holding on this one has to be enormous.
Ok, so we’re in agreement then lol. My root question was if I was being overzealous telling him NO GOD NO DON’T BUY FOR THE LOVE OF GOD NO.
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I have been on the sidelines not giving a shit about this whole thing, but same. I was surprised to learn my friends bought in to GME, and I told them it would collapse late last week. Now, they say they’re “going down with the ship.”
read your sn as “gee-wize” so the “c” didn’t occur to me. good score for the fund.
It’s been right in front of us all along!
You can buy 100 shares for $.90
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Not to mention the whole crypto HODL attitude has no chance of working here. GME is a terrible company heading for bankruptcy eventually most likely. Unless it happens this week the stock is never seeing anywhere close to $300/share again. Crypto at least had a plausible case to rise from the ashes each time the bubble burst and there were tons of bag holders.
It’s weird because I didn’t think anyone actually expected GME had any long term value. It wa all for the lulz. Why anyone is holding now is beyond me.
There are claims going around that the real short squeeze hadn’t happened yet and its still gonna blow up. I think the data contradicts that but people are beyond data now, its all feelings.
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I thought Melvin bailed out a week ago. It’s just WSB bros robbing WSB bros at this point.
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