Stick with straight stock purchases on long-term stocks.
I know lots of people that play this game and when it's doing shit like it is now, it's a complete crapshoot. Hell, even the billionaire hedge funds don't know what the hell is going on.
If one has enough $$$ (hedge funds) on an isolated stock, then they can literally 'move the market'. So, 1 fund with $10 billion and a strategy can beat 5 million people with $1,000 each and some get scared and bail strategy in the middle.
I think it is good that with AMC and GME they are getting a taste of their own medicine, but, I also think there is some behind the scenes $$$ helping both of them. It would need to be someone with lots of $$$ and knowingly hates the hedge funds and financiers. If it is who I think it is, I am happy! Haha.
So, hedge funds hand retail their ass for 20+ years, week in and week out. Then over the span of a few months retail (with the help of a few billionaires, don't be fooled) hands hedge funds their ass, and you think retail is now magically winning???
BWAHAHAHA! If you play football and the score is 56-0 going into the fourth quarter, just because the team with 0 scores two touchdowns in the fourth quarter does not mean they win. Maybe step back from trees so you can see the forest.
With your question - don't do it.
Stick with straight stock purchases on long-term stocks.
I know lots of people that play this game and when it's doing shit like it is now, it's a complete crapshoot. Hell, even the billionaire hedge funds don't know what the hell is going on.
If one has enough $$$ (hedge funds) on an isolated stock, then they can literally 'move the market'. So, 1 fund with $10 billion and a strategy can beat 5 million people with $1,000 each and some get scared and bail strategy in the middle.
I think it is good that with AMC and GME they are getting a taste of their own medicine, but, I also think there is some behind the scenes $$$ helping both of them. It would need to be someone with lots of $$$ and knowingly hates the hedge funds and financiers. If it is who I think it is, I am happy! Haha.
So, hedge funds hand retail their ass for 20+ years, week in and week out. Then over the span of a few months retail (with the help of a few billionaires, don't be fooled) hands hedge funds their ass, and you think retail is now magically winning???
BWAHAHAHA! If you play football and the score is 56-0 going into the fourth quarter, just because the team with 0 scores two touchdowns in the fourth quarter does not mean they win. Maybe step back from trees so you can see the forest.
You don’t need insider informations to know GameStop is a good company to short sell. Any idiot can figure that out.