I just opened a Roth IRA, and am ready to invest in the stock market

N-Smooth

Smooth Gang Founding Member
Location
UT
I don't have any GME positions but I have the chart up today just watching it go... crazy.
NOK is being spammed around too, I bought some but I don't expect it to do much.
Yeah I was up 60% for a few minutes there when they halted it. If I had more $ in my account to invest I would've sold and bought the next dip but I got excited about some other stocks and used it all. That's got to be my #1 frustration, waiting like 5 days for my money to hit. I mean it's my fault but still...
 

Herzog

somewhat damaged
Admin
Location
Wyoming
Check out GME today. Hedge funds shorted 70 million shares. They lost 20 billion today.
I just did a bunch of reading on this today and I can't believe what's going on... it's hilarious!
They are now going as far as putting out news and twitter echoing hit pieces calling everybody involved "white supremacists". What the hell does that even mean now!? :rofl:

Total panic on their end. What a crazy thing...
 

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N-Smooth

Smooth Gang Founding Member
Location
UT
I just did a bunch of reading on this today and I can't believe what's going on... it's hilarious!
They are now going as far as putting out news and twitter echoing hit pieces calling everybody involved "white supremacists". What the hell does that even mean now!? :rofl:

Total panic on their end. What a crazy thing...
That’s wild. I hope it keeps going cause daddy’s got a buggy to build 🤣🤣🤣
 

Tebbsjeep

Well-Known Member
Location
Ogden
I keep seeing GME go up every day, and I tell myself that I'll buy on the down tomorrow but it keeps going up. I'm kicking myself now.
 

Tebbsjeep

Well-Known Member
Location
Ogden
Yeah I may have cried a little when I saw that this morning. Followed by punching myself in the nuts for not buying yesterday.
 

glockman

I hate Jeep trucks
Location
Pleasant Grove
My stock advising friend keeps telling me to buy GME for the last week, I was convinced it had peaked. He made $100k in the last 7 days. I'm buying BB now and selling options.
Wouldn't it be great if Reddit took some power back from the fund managers and kept doing hit jobs on these guys. I love it. They don't like it when the middle class guys figure out a way to make money.
 

Herzog

somewhat damaged
Admin
Location
Wyoming
Yep, talk of BB and AMC doing the same thing next week. I went ahead and got in some AMC for now. Could be just talk, but hey...
 

N-Smooth

Smooth Gang Founding Member
Location
UT
My stock advising friend keeps telling me to buy GME for the last week, I was convinced it had peaked. He made $100k in the last 7 days. I'm buying BB now and selling options.
Wouldn't it be great if Reddit took some power back from the fund managers and kept doing hit jobs on these guys. I love it. They don't like it when the middle class guys figure out a way to make money.
I think like 600k people joined WSB in the last 2 days. It's nuts. It's cool when "the people" have power.

Yep, talk of BB and AMC doing the same thing next week. I went ahead and got in some AMC for now. Could be just talk, but hey...
I hope BB does it for sure.
I told my bro to buy AMC last week and he did but I didn't. He made some $$$ this morning...
 

DAA

Well-Known Member
My stock advising friend keeps telling me to buy GME for the last week, I was convinced it had peaked. He made $100k in the last 7 days. I'm buying BB now and selling options.
Wouldn't it be great if Reddit took some power back from the fund managers and kept doing hit jobs on these guys. I love it. They don't like it when the middle class guys figure out a way to make money.

They'll probably make way more on new shorts than they lost on this round. Long way to drop from $350/10B. If I were into trading and speculating I'd probably be putting a big bet down on that right now.

- DAA
 

jeeper

DumpStor Owner
Location
So Jo, Ut
So I am no pro.. and only read a quick article to see what this GMA thing was about.. so forgive any ignorance....
After the gen-pop is done proving that they have more power than the elites.. isn't the GMA stock going to drop like a rock?

There was a shortage of kids dirt bikes this summer, and prices were ridiculous. But they have calmed down now. people who paid $4k for a $2.5k bike are going to be very sad when they lose their money when they try to sell.
 

spaggyroe

Man Flu Survivor
Location
Lehi
After the gen-pop is done proving that they have more power than the elites.. isn't the GMA stock going to drop like a rock?

Almost certainly. This isn't sustainable. The stock price / valuation will return to a reasonable level.
In the mean time, some people will make a nice chunk of change before the bubble bursts.

*note, I'm not one of them. I am a boring investor.
 
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