My first ever stock purchase! Opened an Ameritrade account and bought 2 shares. I have zero trading experience but starting to get educated. Was this a dumb move this late in the game? How high -could- this thing go? And when?
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Congratulations! You will be the recipient of high level psychological warfare which is designed to convince you to sell. They'll say, "GameStop has played out... it's over!" Or, "forget GameStop, here are three other stocks you should invest in instead."
DO NOT BELIEVE IT.
Just BUY... and HOLD!
The squeeze will happen, as all shorts must cover. It's just a matter of "when". Could be tomorrow. Could be in six months. You'll know it when it happens, and it won't just be for one day.
I recommend downloading a few "stock notifier" apps on your phone.
Remember, it's best to sell ON THE WAY DOWN... as you won't really know what the ceiling is. There will probably be some DIPS which will scare many into selling. If you sell, maybe sell just one share, and keep a few in case the price starts going back up again.
The best place (right now) to get updated info (and funny memes) about GameStop (GME) is:
old.reddit.com/r/SuperStonk
IF REDDIT GOES DARK... Here are a few places to go for up-to-date information:
**https://twitter.com/rensole
https://twitter.com/PinkCatsOnAcid
https://twitter.com/RedChessQueen99
https://twitter.com/ByeTriangle
https://twitter.com/u_sharkbaitlol
https://twitter.com/BradduckF**
Also, believe it or not - go to "Gangnam Style" on YouTube: https://www.youtube.com/watch?v=CH1XGdu-hzQ