I look at the 2k I had in GME as a donation to a cause. It's a very big chunk of change to me but I have risked more for less possible gains. I haven't even looked at my GME in a few weeks because, to me, it is irrelevant. I will hodl till I can sell one share to get my $ back. Then I hodl until the bubble pops. Sell on the downturn, not when we're gaining steam
Exactly. Plus, with the millions of shares out there... you can’t force a sale, the hedges can 100% walk away with the SEC on their side. I’m still cautiously looking from the sidelines. I’ve purchased a sizable amount of GME, based on the fact that they have billions in cash right now and won’t be going anywhere soon. So the HFs have lost in that regard. Game Stop will be around for years to come.
Yeah the $XX million/share people are insanely unrealistic and got annoying a long time ago. I say that we're looking at XX thousand at best, still plenty life changing if you're a XXX holder.
I look at the 2k I had in GME as a donation to a cause. It's a very big chunk of change to me but I have risked more for less possible gains. I haven't even looked at my GME in a few weeks because, to me, it is irrelevant. I will hodl till I can sell one share to get my $ back. Then I hodl until the bubble pops. Sell on the downturn, not when we're gaining steam
Why sell at all for $2k if you’re confident they’ll be a downturn? 😉
Don’t miss out on $30,000,000
Remember that in order to bank $30,000,000/share, someone else actually has to be willing to PAY that much.
I don't think you'll find that happening, even if the hedgies need your shares. I think they're more likely to just declare bankruptcy and walk away.
Not financial advice, obviously, but don't get too stuck on a particular number, or you may be left holding a buncha shares worth zero.
Exactly. Plus, with the millions of shares out there... you can’t force a sale, the hedges can 100% walk away with the SEC on their side. I’m still cautiously looking from the sidelines. I’ve purchased a sizable amount of GME, based on the fact that they have billions in cash right now and won’t be going anywhere soon. So the HFs have lost in that regard. Game Stop will be around for years to come.
Yeah the $XX million/share people are insanely unrealistic and got annoying a long time ago. I say that we're looking at XX thousand at best, still plenty life changing if you're a XXX holder.
Bankruptcy doesn’t work lol, that’s what the DTCC is for. If the DTCC goes bankrupt, it’s up to the FED.
Everyone with Diamond hands that can ride it out to the very end will be very very highly compensated
I guess it really depends on how great you think the Great Awakening will be.
If you have faith in third parties, government entities and NGOs to watch out for you and your GME gains, then you have more faith than me.
Don't get me wrong, I have a few dozen GME shares, and I hope they go to the moon, but I don't expect to ever see a cent when MOASS happens.