posted ago by steelbeams ago by steelbeams +9 / -2

It's a failing business model, and will eventually go bankrupt. I appreciate a good stick-it-to-the-man as much as the next guy, but betting on a losing horse will only lose you hard-earned money. Don't get caught holding the bag when it goes to zero.

Comments (14)
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pray_for_kekistan 6 points ago +6 / -0

I LIKE THE STONK

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deleted 3 points ago +3 / -0
-1
steelbeams [S] -1 points ago +1 / -2

I bought Heroes of Might and Magic 3 on the internet for $2.12, and it downloaded in 5 minutes. People can buy retro games online, and there aren't enough arcade machines to keep Gamestop in business.

1
Jon888 1 point ago +1 / -0

Where did you buy it online?

1
deleted 1 point ago +1 / -0
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BKav 3 points ago +3 / -0

Couldn’t agree more, but I do want it stuck to the man. This just isn’t probably the best way.

2
JaoBiZen 2 points ago +2 / -0

Well no shit

2
madly_aloof 2 points ago +2 / -0

I buy cheap stocks like GME (last month) without the intention of holding.

1
steelbeams [S] 1 point ago +1 / -0

Day trading can be lucrative, but speculating is not the same as investing. You're buying trash with the hope that someone else is willing to buy it from you at a higher price. It's called the 'Greater Fool Theory.'

2
DicksOutForHarambe 2 points ago +2 / -0

They are most definitely not going to zero.

I don't think you know much about the situation.

It's definitely a risky gamble to put money into it at the current price but I doubt it go below 40 any time soon.

1
FuckGovernment 1 point ago +1 / -0

GME has more than tripled in price since your warning.

I'll add you to the list of people NOT to take stonk market advice from.

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steelbeams [S] 1 point ago +1 / -0

Keep holding and see what happens.

1
phuckles 1 point ago +1 / -0

It will not go to zero. But if you didn't take gains already you're dumb as fuck, and it absolutely not worth anything like it's current price tag as a stock. It's 10-15$ stock tops.

1
nrjk1 1 point ago +1 / -0

Buy long puts then?