Welcome to General Chat - GAW Community Area
This General Chat area started off as a place for people to talk about things that are off topic, however it has quickly evolved into a community and has become an integral part of the GAW experience for many of us.
Based on its evolving needs and plenty of user feedback, we are trying to bring some order and institute some rules. Please make sure you read these rules and participate in the spirit of this community.
Rules for General Chat
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Be respectful to each other. This is of utmost importance, and comments may be removed if deemed not respectful.
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Avoid long drawn out arguments. This should be a place to relax, not to waste your time needlessly.
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Personal anecdotes, puzzles, cute pics/clips - everything welcome
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Please do not spam at the top level. If you have a lot to post each day, try and post them all together in one top level comment
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Try keep things light. If you are bringing in deep stuff, try not to go overboard.
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Things that are clearly on-topic for this board should be posted as a separate post and not here (except if you are new and still getting the feel of this place)
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If you find people violating these rules, deport them rather than start a argument here.
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Feel free to give feedback as these rules are expected to keep evoloving
In short, imagine this thread to be a local community hall where we all gather and chat daily. Please be respectful to others in the same way
Can someone that understands GME help me understand how many shares I need for financial freedom? I currently have 8. I've heard just 1 or 2 is enough but some people are buying tens of thousands
There is no formula for freedom.
Nobody knows really. I'm not so sure a lot of people are buying in the tens of thousands. Might just be disinfo to make you feel hopeless. I've been keeping tabs of the GME reddit threads (they changed a few times due to infiltration of evil mods) and most normal people over the past 3 years celebrate reaching 50, 100, 500, & 1000 shares. Don't feel left out with your handful.
The thing is to get your timing down. Set some notification alarms (via your broker app) for when a dramatic jump happens. This board will probably let you know also as you can use the search feature to see what other Anon's have been observing. This whole launch process to the moon might take several days.
The theory is, crayon eating apes will "diamond hand" their shares and wait to sell until they see a price that resembles a phone number 1,XXX,XXX. Will it happen... 🤷♂️ who knows for certain, but the whole thing has to collapse at some point due to all the hypothecated (fake) shares. Maybe someone pulls the plug and shuts it all down so NOBODY gets to sell their shares. I imagine a colossal Class Action lawsuit would immediate materialize and hammer the thieves in court for the world to witness their evil deeds. I'm fine with that also.
Know this, no financial institution wants to be the last one holding the bag when it comes to paying back the billions of shorted shares. They will claw each others eyes out to avoid those losses. Maybe some will jump out their windows.
I hope they get right with God.