Sign In or Create an Account
You only really lose the money if you sell your shares at the lower price. The price will go up. Check on it each day to make sure you don't miss the ride, but don't sweat it.
Without more information, these are random lines. No timeframe. No context. Just, "WHAT THE FUCK IS THIS?!"
It's what would be best for your investment. Amazon would buy and you'd take your money and run.
Steady. It's all on paper. Your hands are diamonds.
When exposure is infinite, anything around these numbers could be very, very good. I've bought at multiple prices, including above $300.
Imagine buying it at $300 and seeing it go up to $8,000.
I could see a scenario in which a company like Amazon purchases GME for the name recognition, following, and reputation in the gaming segment and add a gaming platform to their services to compete with the services you've referenced.
At the end of the day, hard disk games and movies provide superior AV experience. There is a huge difference between running a 4K UHD disc and streaming a movie on my home theater. This also applies to gaming. There just isn't enough bandwidth available to squeeze the necessary amount of data wirelessly or even wired. Everything is compressed and after processing it just isn't as crisp. Additionally, downloaded games take up large amounts of storage space, which can create other issues and require purchases of additional HD space.
My point here is that in the long run, there will be demand in the market for both physical games and streaming services. Anyone in the market needs to consider whether they want to straddle line or focus and specialize in one or the other. In my opinion, GME should straddle the line because I think there will be a lot of people like me who realize down the road that the physical disc looks and sounds immensely better. And if I'm going to spend money on an OLED TV and a kick ass sound system, I want to put all of that to good use.
Indeed. But my hands are diamonds and I continue to hodl.
spits out crayon
Someone needs to find an attorney. And possibly report this to the SEC.
I don't know. Maybe now. Maybe later.
At "infinite" levels. Whatever that means to you, but it better be a really high number or you might as well sell your shares to me.
Clarification: be a paper-handed cuck like u/nautica. Don't follow this stupid fucking advice.
You're goddamn right!
Realistically, no one knows because this is new territory. The term that has been thrown around is "infinite". As in, the risk level of hedge funds with naked shorts is infinite, which means the potential price threshold for GME is infinite. Take that for whatever you will, but anyone who says they can calculate or estimate a peak price is full of shit and you shouldn't listen to them.
My advice: pay attention and don't sell until you consider the price to be "infinite". To me, "infinite" means a share price of $10,000. Does that mean I'll sell at that share price? I have no idea because it could still be mooning at that price and I won't sell if it is because I'll be paying attention.
u/nautica is a paper-handed cuck giving bad advice, settling for "double" of some value that they failed to explain.
The entire premise of the GME squeeze is to be irrational. Hedge funds have fucked people for decades because they were given "rational" investing advice from people who made money off said "rational" advice. Now that there are retail investors making their own decisions, the rules of the game are changing.
DO NOT SELL ANY SHARES TODAY OR TOMORROW! That would be the rational thing to do. Eat a fucking a crayon, be a fucking ape, and whatever you do - be IRRATIONAL.
This is terrible advice. People have already "doubled" their share values and some have done much more than that. What is your starting point? Double what value?
There is literally infinite exposure on GME, which means you have no idea what the peak is and neither do I. So, you say double but the peak could be multiple fold.
I would strongly recommend against this advice.
Jacked to the tits.
Good point. I was focused on BTC and ETH.
By default, no entity "owns" a cryptocurrency. They just create it.
3 is my lucky number. Indeed!
I'm as hard as a diamond in an ice storm. So are my hands.
It's like being called "deplorable". Own it.