/biz/ - Business & Finance

Definitely not

If you bought above 80$ you are going to be an official bagholder as of tomorrow morning. Give it a week and that number is 30$. I pity GMEbros because there is no chance the price will ever recover. At least AMC has a chance to return to the ~15$ mark when summer comes and everything opens up

>>27559372
Who fucking knows. The best thing it has going for it right now is that this is uncharted territory. I have a tiny moonbag packed just in case. If I lose it, so what?

It's going to $600 EOW. Now is the time to double down.

Get out while retards are still buying memestock rebelution

>>27559637
I bought 1 stock at $92 for the hell of it
I don't care if this thing bottoms out, the past week has been the most fun I've had on /biz/ since pnkposting

Just accept that you've lost. The cult like nature of the new WSB has fucked you. Learn from your mistakes, and in the future, make good financial investments.

>>27559873
Same, and I'm an /ic/fag. This shit's way more interesting than criticism threads.

>>27559372
No anon, take the loss and dump it, or at least do a covered put.
NOK and AMC actually have a slim chance of reaching the peaks they hit during meme season. GME has never traded above $70/share before 2021 and will never trade above it again unless they become big in the esports sector or something (which is the current plan but unlikely to work). Cut your losses and get out.

>>27559887
The meme that once your grandma is talking about it it's too late is true. The subreddit fucking doubled in a few days. Fags knew they were buying a bubble and still got into it anyway. I'm harvesting corn and revving up the popcorn griddle for the lossporn we are going to see over the next week as people begin to realize they South Sea Bubble'd themselves

>>27559372
I bet you waited for DOGE to go back to $0.03

Making money in the Markets is either buying and selling at the right time or waiting 15 years for a slow increase.

Since it seems you look at charts more than once a day I guess you're the former not the later but you don't know how to sell which is what has put you in this situation.

Losing money is a great learning experience and necessary for the stupid.

You always need to have a target price and get out when you hit that target. Sometime you can find this target by using Fundamentals, sometimes you can't but I know you didn't have a target. You somehow thought $1000 EOY or "I'm just going to make it".

Wrong. Look at you, you didn't make it. Learn from this or repeat it. This is your problem. I'm not sorry.

>>27560094
>Covered put
How do I do this?

>>27560274
^ this here. Even if GME moon'd, do you think people would have sold and pocketed their gains? Nope. If it hit 1000$ they would've waited for it to hit 1500$, and then 2000$. A major plebeian failing is not being able to realize you've come far enough and need to cash in. Better to incur an opportunity cost than lose real money that you buy tranny hookers and coke with

>>27559372
write and sell covered calls fag, reddit will eat them up

>>27560723
Is it possible to write covered calls with low liquidity? RH requires you to be able to put up the money for 100 shares of whatever stock you're making the call on and until Dogecoin makes it big I won't have that kind of liquidity

eh Im just using dividend funny money on this. if it goes to 0 IDC. might be enough Sunk Cost Fallacy idiots to bring it back up. if Kike Hedgies got hurt even a bit that was cheaper than throwing a rock in their house and going to court lol.

I'm going all in tomorrow boys, wish me luck.

>>27561475
forgot pic. if digi's this baby is going to the fucking moon

>>27561560
if digits op is gay and it will moon to 800 before the hedgies call it game and just buy it and allow the squeeze

we used up all the meme magic in the earlier thread boys

>>27559372
>rises to 110
>you: IT'S MOONING! WGMI! NOT. SELLING!

>>27559768
This. Go all in easy 8-10x at this point listen to WSB they have your best interest in mind and deepfuckingvalue definitely won’t dump more of his bags on you

Bros i might buy some NOK for the fuck of it, is it a bad call?

>these are the people holding your bags

>>27561975
NOK has been in a downward slope since people bought during its jump a few days ago. It's a long parade of bagholders realizing they're bagholders and dumping it as the days go by and no rally appears. Buy NOK if you're trying to flush money down the toilet

>>27562129
Yeah i kinda figured in all honesty, i’ll take your word for it.

>>27562262
By all means bro. The advice billionaires give is bullshit meant to create more slaves out of would-be entrepreneurs but there is one I like. "Opportunity is like a busstop, there's always another one coming." There's thousands of stocks and coins, you got your whole life ahead of you. Why set yourself back on one meme? Much love and luck to you

>>27559372
it's at $85.20 right now. there MIGHT be a boost midday around $110 if some miracle skullfuckery happens and then plummet to $4 were its headed. after midday if that doesn't happen cut your losses and sell.

you did just buy one share right mate?

>>27559372
Hold the bag you fucking baggie.

>>27562129
I mean, do your own research but NOK is down to pretty much it's normal trading pattern, has a shit load of 5g patents and is well positioned for upward growth in a long position say $5 target in 8-14 months, that said it's not going to make anyone rich overnight.

>>27559372
GET THE FUCK OFF MY BOARD REDDITORS

WE WERE PRETENDING TO BUY GME, YOU DIDNT THINK WE ACTUALLY ALLIGNED WITH YOU DUMBASSES DID YOU?!

>>27559637
Bought 2 at $85
Gunna be sweet printing money.

>>27560519

This is the concept they just don’t get. Expensive lesson so maybe some of them will develop a prefrontal cortex

Is holding AMC at least a good idea?

>>27564086
I hope so

>>27564086
I myself am holding AMC. As I've already explained, I predict AMC will rise back to its surge-era peak by July or August once theatres open up again and they start generating cashflow. It'll be a long hard slog and if you think your money would be better invested elsewhere there's little point holding. But I intend to hold until I can recoup my loss for reasons of pride lol

>>27564086
Sell now, rebuy after it dips below 4.