Noted, listening and pondering, but have you actually walked into a Game Stop lately?
I used to frequent there all the time. I went about a two weeks ago and it was depressing, slow and a lack of merchandise that even vaguely peaked my interest and I have a hard time fighting against long term fundamentals. So, going long in Block Busters was once a good idea until it wasn't.
I do recognize the short squeeze potential but I also recognize that history repeats itself and I have seen this before and would caution you as a wise investor to take your profits very soon.
As for me, if I do invest, it will be in those horrid Put contracts, you find so detestable.
No it would not.
I personally bought long and hold in direct registration.
Every option contract is resulting in more synthetic shares being introduced. They are all FTD's. Not many real shares left at the DTCC.
Either way though - this is happening, and soon.
Everyone has to make the decision for themselves on what to do or not do.
I never listen to strangers in windowless vans, OR the internet.
Noted, listening and pondering, but have you actually walked into a Game Stop lately?
I used to frequent there all the time. I went about a two weeks ago and it was depressing, slow and a lack of merchandise that even vaguely peaked my interest and I have a hard time fighting against long term fundamentals. So, going long in Block Busters was once a good idea until it wasn't.
I think for sure, you should not invest. It doesn't sound right for you.
I would never - EVER - encourage people to invest in something they didn't feel good about, that would always be a bad idea.
Me? I am super happy.
I do recognize the short squeeze potential but I also recognize that history repeats itself and I have seen this before and would caution you as a wise investor to take your profits very soon.
As for me, if I do invest, it will be in those horrid Put contracts, you find so detestable.
I don't find options trading detestable, it simply isn't my cup of tea.
You should probably not get involved. Save your money for an investment that excites you, one that you believe in.
Dumb dumb here with a dumb question.
You mean you would buy the OTM Puts? Because you think the share price is overvalued? Just trying to learn. Thanks.