I will make it simple, this is not financial advice. The price does not matter, buy at least 1 share. The price does not matter, the price does not matter. GME does not follow any rules, any typical stock market BS. You don't need anyone financially savvy. GME is going to blow so hard hence the price does not matter where you buy at because it is irrelevant. It will make bitcoin look like nothing when it goes. $200 a share is nothing when it hits 7 figures per share.... Go to superstonk (I hate reddit and this is the ONLY place I go there) and read DD and make your own conclusions and decisions. I wish I could get everyone to buy one share, then do research... you will buy more... sorry for the rant. -Edit: buy and hold.. simple as that.. just like silver.. buy it and forget about it, don't worry about ups and downs.. who knows when it will go, but it will.
If you want something more in depth etc.. let me know and I can try to explain it better. There is a lot of research on superstonk... and even though I can't even understand some of it completely, they also always make it easy to understand for those of us who do not know what we are doing. This is the easiest investment.. buy and hold until it's life changing money and settle for nothing less.
Not financial advice, and this is all hypothetical...
The reality of our situation is that, like the political system, the financial system has been hollowed out. The government is printing money and wall street valuations are fraudulent. It’s only a matter of time before all these things come crashing down and the word realizes many of these paper assets are almost worthless. In particular the USD.
The important thing to remember is that with inflation things won’t “gain value”, it’s money losing value. Picture old photos of Germans with wheelbarrows of money to buy a loaf of bread. The bread didn’t appreciate in value , in this case the money has just become almost worthless.
So how do you protect yourself in a currency collapse? First of all, lock in your mortgage and all loan rates for 5 years. The first thing the banks will do is jack up rates to keep up. Secondly, you need to have hard assets (in hand). Gold, silver, food, medicine, tools, munitions can all easily be sold later for boatloads of (almost worthless) money, which can then be used to pay off your mortgage rate (which was hopefully locked in when the banks thought the dollar had value). You will also need these things to buy food and other necessities. It will be a barter economy.
GameStop is different in that it is supposedly a hedge to financial collapse. It appears that there have been more shorts put on it than stocks available. In plain language, Wall Street hedgers have contractually agreed to buy every stock in the company (and more) at a future date, regardless of the price. They did this thinking it was a failing business and they could pick it up very cheap in the future. However, by owning even a single stock and holding out, they will in theory be forced to buy it for basically whatever cost you are willing to sell it for. If the scenario presented is true, they have no choice. They’ve contractually agreed to buy every stock, and to get yours they will have to pay your price.
I will make it simple, this is not financial advice. The price does not matter, buy at least 1 share. The price does not matter, the price does not matter. GME does not follow any rules, any typical stock market BS. You don't need anyone financially savvy. GME is going to blow so hard hence the price does not matter where you buy at because it is irrelevant. It will make bitcoin look like nothing when it goes. $200 a share is nothing when it hits 7 figures per share.... Go to superstonk (I hate reddit and this is the ONLY place I go there) and read DD and make your own conclusions and decisions. I wish I could get everyone to buy one share, then do research... you will buy more... sorry for the rant. -Edit: buy and hold.. simple as that.. just like silver.. buy it and forget about it, don't worry about ups and downs.. who knows when it will go, but it will.
If you want something more in depth etc.. let me know and I can try to explain it better. There is a lot of research on superstonk... and even though I can't even understand some of it completely, they also always make it easy to understand for those of us who do not know what we are doing. This is the easiest investment.. buy and hold until it's life changing money and settle for nothing less.
I don't really mess with stocks, I prefer crypto.
But for you and all the others and for the hell of it I bought one. Will hold to infinity, to hell with the banksters.
Edit though I must disagree with you that it will make Bitcoin look like nothing, Bitcoin is unlike any other asset and has a long way to go.
People think it will hit 7 figures per share?
Math says it can hit that… depends on if retail actually holds to 7 figures. If we do, we definance the deepstate.
Not financial advice, and this is all hypothetical...
The reality of our situation is that, like the political system, the financial system has been hollowed out. The government is printing money and wall street valuations are fraudulent. It’s only a matter of time before all these things come crashing down and the word realizes many of these paper assets are almost worthless. In particular the USD.
The important thing to remember is that with inflation things won’t “gain value”, it’s money losing value. Picture old photos of Germans with wheelbarrows of money to buy a loaf of bread. The bread didn’t appreciate in value , in this case the money has just become almost worthless.
So how do you protect yourself in a currency collapse? First of all, lock in your mortgage and all loan rates for 5 years. The first thing the banks will do is jack up rates to keep up. Secondly, you need to have hard assets (in hand). Gold, silver, food, medicine, tools, munitions can all easily be sold later for boatloads of (almost worthless) money, which can then be used to pay off your mortgage rate (which was hopefully locked in when the banks thought the dollar had value). You will also need these things to buy food and other necessities. It will be a barter economy.
GameStop is different in that it is supposedly a hedge to financial collapse. It appears that there have been more shorts put on it than stocks available. In plain language, Wall Street hedgers have contractually agreed to buy every stock in the company (and more) at a future date, regardless of the price. They did this thinking it was a failing business and they could pick it up very cheap in the future. However, by owning even a single stock and holding out, they will in theory be forced to buy it for basically whatever cost you are willing to sell it for. If the scenario presented is true, they have no choice. They’ve contractually agreed to buy every stock, and to get yours they will have to pay your price.
Some estimate the "floor" being a minimum of $30,000,000/share when this peaks.