GME is not over. This is once in a lifetime opportunity. Do not let yourself to be fooled to pump silver these hedge funds are holdings (buy only if you consider the price to be fair and expect nothing).
Exactly, the short squeeze hasn't even begun. It will eventually, probably the upcoming week when the hedge funds begin to cover their shorts. The sooner and faster they do it, the less they will bleed out due to high daily interest rates.
Unless the banks are foolish enough to cover the GME short the hedge funds own, the hedge funds cannot simply wait out the retail investor.
The DAILY interest on their loans is murder right now.
Until the GME drama unfolds and finally plays out, ANYTHING else is a distraction - a shiny thing designed to cut our legs out from under us and they can recover something of their losses.
There WILL be other opportunities after this drama unfolds.
This is like saying the First Battle of Bull Run was the only opportunity for a soldier to get involved in the first Civil War.
No worries.
I didn't get into the GME thing, either. I'm currently re-activating a dormant account (long story), because there WILL be more opportunities in the months ahead.
When playing the markets or waging war....PATIENCE is king.
No. Energy indices don't look bad right now. If you have to ask questions like that you need to look up index investing and just park your money there. Vanguard is a dirt cheap and reliable investment bank to go with.
The GME thing has nothing to do with retail investors. There are Funds that hold millions and millions of shares. They are waiting for the squeeze. They are the whale, and we are shrimp along for the ride.
How much more time is there left on the short squeeze? I read the Bloomberg article on the history of this and it seems like the WSB people noticed the shorting sometime around April of last year 2020. Are there still unclosed short positions? It seems like a classic who's going to blink first. It's almost a wonder nobody caught on to the shorts game until now.
GME is not over. This is once in a lifetime opportunity. Do not let yourself to be fooled to pump silver these hedge funds are holdings (buy only if you consider the price to be fair and expect nothing).
Exactly, the short squeeze hasn't even begun. It will eventually, probably the upcoming week when the hedge funds begin to cover their shorts. The sooner and faster they do it, the less they will bleed out due to high daily interest rates.
Unless the banks are foolish enough to cover the GME short the hedge funds own, the hedge funds cannot simply wait out the retail investor.
The DAILY interest on their loans is murder right now.
Until the GME drama unfolds and finally plays out, ANYTHING else is a distraction - a shiny thing designed to cut our legs out from under us and they can recover something of their losses.
But what about people who didn't get in on the GME thing? Should we really go after silver?
There WILL be other opportunities after this drama unfolds.
This is like saying the First Battle of Bull Run was the only opportunity for a soldier to get involved in the first Civil War.
No worries.
I didn't get into the GME thing, either. I'm currently re-activating a dormant account (long story), because there WILL be more opportunities in the months ahead.
When playing the markets or waging war....PATIENCE is king.
WSB found a way to do both at the same time.
No
No. Energy indices don't look bad right now. If you have to ask questions like that you need to look up index investing and just park your money there. Vanguard is a dirt cheap and reliable investment bank to go with.
The GME thing has nothing to do with retail investors. There are Funds that hold millions and millions of shares. They are waiting for the squeeze. They are the whale, and we are shrimp along for the ride.
Hmmm...a very nice way of putting it.
We can use their own irrationality against them.
How much more time is there left on the short squeeze? I read the Bloomberg article on the history of this and it seems like the WSB people noticed the shorting sometime around April of last year 2020. Are there still unclosed short positions? It seems like a classic who's going to blink first. It's almost a wonder nobody caught on to the shorts game until now.