You could be multimillionaire now only if you were a millionaire a week ago. It was at 80 last week, now at 300. If 4x gain can turn you into a multimillionaire then you are not doing too bad already.
I know these guys want to get gamestop to 1000 or more, but let's be honest, the big money has already been made. Anyone else getting it will be lucky to make some 50-100% gains if they play the market right. However, the massive wealth spikes are done.
I think this will backfire for most people like nothing we seen before, Enron will be shadowed. Those who are investing for the first time don't realize that the bubble will be bursting sooner or later and you need to have some exit plan, they think i twill grow 100% every day forever. They are trying to screw hedge funds but hedge funds will be the ones laughing at the end one way or another. A handful of people who entered when it was 10 will win big, but hundreds of thousands who entered now will be left with nothing. There will be the biggest army of penny stock bagholders in the history soon. Even if it goes to 1000, those who are entering now can gain 3x at best (if they time the exit correctly) which is not a life changing gain, but almost guaranteed to lose 100x over the long run. Those who entered when it was under 10 just won a lottery, like those who bought butcoin 10 years ago, or invested in apple 20 years ago, etc. No point in chasing that success now the train has left the station, just look for new opportunities/lotteries.
I hope you are beginning to realize that all you are doing is demonstrating the exact amount of leverage in the trade clearing system. That's all. And, now, there will be a new regulation to decrease it. That's all.
Shit, you just watch, buckwheat. When the money is gone, there will be a great wailing and gnashing of teeth and calls for congress to investigate. Fuck, how long have you been alive?
Taking down a slimy hedge fund.......priceless.
Millennials have long since accepted they won't get to retire. They hope to die before old age takes them.
Had I done that last week, I'd be a multi millionaire
You could be multimillionaire now only if you were a millionaire a week ago. It was at 80 last week, now at 300. If 4x gain can turn you into a multimillionaire then you are not doing too bad already.
I know these guys want to get gamestop to 1000 or more, but let's be honest, the big money has already been made. Anyone else getting it will be lucky to make some 50-100% gains if they play the market right. However, the massive wealth spikes are done.
This isn't an investment. It's entertainment.
Someone said it perfectly yesterday. It's a donkey show. The star is a hedge fund, and the more shares you buy, the bigger the donkey.
I think this will backfire for most people like nothing we seen before, Enron will be shadowed. Those who are investing for the first time don't realize that the bubble will be bursting sooner or later and you need to have some exit plan, they think i twill grow 100% every day forever. They are trying to screw hedge funds but hedge funds will be the ones laughing at the end one way or another. A handful of people who entered when it was 10 will win big, but hundreds of thousands who entered now will be left with nothing. There will be the biggest army of penny stock bagholders in the history soon. Even if it goes to 1000, those who are entering now can gain 3x at best (if they time the exit correctly) which is not a life changing gain, but almost guaranteed to lose 100x over the long run. Those who entered when it was under 10 just won a lottery, like those who bought butcoin 10 years ago, or invested in apple 20 years ago, etc. No point in chasing that success now the train has left the station, just look for new opportunities/lotteries.
This is a shill slide post.
Probably from someone on Wall Street.
It's how framing a narrative works. "Hey, caterpillars! Here's my advice on stonks! To Uranus, amirite?"
And, when the market corrects this, they'll blame "elites" for "gaming the system and taking their money".
Probably. Lol. Never wanting to take responsibility is the new norm.
I know I am throwing money away, and I accept that.
Being responsible is the new counter culture.
So, you're part of this?
I hope you are beginning to realize that all you are doing is demonstrating the exact amount of leverage in the trade clearing system. That's all. And, now, there will be a new regulation to decrease it. That's all.
Still feel like a revolutionary?
I do not think most people "investing" in this are worried about losing $. That is not the point.
Shit, you just watch, buckwheat. When the money is gone, there will be a great wailing and gnashing of teeth and calls for congress to investigate. Fuck, how long have you been alive?
gee - I wonder why? Have you not been paying attention to this particular story?
So, do you even know if you are contradicting me or agreeing with me?
yes... no.... I am in total agreement that I never know what I am agreeing to or not. :)