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Forum » Sold my GME shares. Booked a huge loss. Damn...
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Thread: Sold my GME shares. Booked a huge loss. Damn...

post 1630282733 02-01-2021, 03:01 PM
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#31
  1. Nicklol
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you guys are screwd..
holding would make sense if you were in something like tesla for example..

but this sht is worth nothing.. lmao
Doordasher crew (SRS)
Bidet Crew
Nissan Versa 2023 crew
Bald crew
post 1630284143 02-01-2021, 03:18 PM
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#32
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Originally Posted By Visel⏩
They'll go up eventually, even if they keep dipping for a while.

Their previous max was $35 in 2017. If you have hope that they'll recover and prosper going forward, they'll probably get back into the $20's+.

People still go to theaters in a pre-COVID world.
Can confirm, I’ll be lined up as soon as this pandemic chit is over and blockbusters begin hitting the big screen

Actually excited af to get into a packed theatre again and take in the next big title with other, physically present human beings. Seems like such a strange concept right now
post 1630284893 02-01-2021, 03:26 PM
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#33
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Originally Posted By Vexidi⏩
nice try Citadel
lmao this
***Canadian Crew***
S 365 D 585 B 315
misc resident sky tradie
post 1630285173 02-01-2021, 03:30 PM
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#34
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post 1630285323 02-01-2021, 03:32 PM
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#35
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I got solid financial advice years ago, and still live by it today.

This whole nonsense proved that advice to be absolutely true. If you have money and are looking to invest, look where everyone else is going. DON'T GO THERE. Go the opposite way.

It's like the gold rush. The first few people got rich and made a killing. Then it reverberates to everyone else over time. People are sheep and decide to do the same to strike gold. They think "Hey if I go now, I may make it in time and find some too and strike it rich!" Then they travel and sacrifice everything only to get there and spend years losing. Instead, a smart financially minded person would see these people as idiots, and go a different route that is now opening up because people are ditching other investments to go to the same place.

This is the same thing. Apply that to everything. Fashion, toys, etc.

Stop being fukking sheep and hopping on bandwagons when things look cool, awesome, or fun! Yea let's stick it to the hedge funds! You guys are getting played so fukking hard right now it is hard to watch. Same with this silver squeeze. Some hedge fund guys made up that silver squeeze to redirect you guys, make you guys over pay premiums for something you know nothing about, or make you buy SLV which funds the very entities you're "fighting against." Not even these redditors are stupid enough to short silver.

Money reveals who are the retards in this world.
post 1630285433 02-01-2021, 03:33 PM
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#36
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Only gets financial advice from catbrah crew checking in.

Should have subscribed to his advice OP, so sad.
post 1630285443 02-01-2021, 03:34 PM
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#37
  1. guest89
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Wait, why would you buy, if you didn't intend on holding?
post 1630286433 02-01-2021, 03:47 PM
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#38
  1. zknarc
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Originally Posted By RegisteredUnit⏩
I got solid financial advice years ago, and still live by it today.

This whole nonsense proved that advice to be absolutely true. If you have money and are looking to invest, look where everyone else is going. DON'T GO THERE. Go the opposite way.

It's like the gold rush. The first few people got rich and made a killing. Then it reverberates to everyone else over time. People are sheep and decide to do the same to strike gold. They think "Hey if I go now, I may make it in time and find some too and strike it rich!" Then they travel and sacrifice everything only to get there and spend years losing. Instead, a smart financially minded person would see these people as idiots, and go a different route that is now opening up because people are ditching other investments to go to the same place.
This reminds me when chitcoin went crazy. By the time it is on mainstream news and your mum is asking you about it you are very very late to the party and no good will come of it.
If you can't handle me when I'm incel, you don't deserve me when I'm chad
post 1630286703 02-01-2021, 03:52 PM
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#39
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Originally Posted By zknarc⏩
This reminds me when chitcoin went crazy. By the time it is on mainstream news and your mum is asking you about it you are very very late to the party and no good will come of it.
Exactly. Same with oil. Same with this. As soon as you catch wind of the "next big thing" you are already too late.
post 1630286713 02-01-2021, 03:52 PM
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#40
  1. TBO1313
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How do you even type with those paper hands?
6'2"

OMAD results: 2/15/19-235, 10/13/19-190

OHP-205 Bench- 245 Squat - 405 C&J - 245

2021 Spring cut: 195lbs starting weight
post 1630286893 02-01-2021, 03:55 PM
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#41
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Lol @ GMEcells srs. Play with the bull you get the horns. More ladder attacks on the way.

post 1630287063 02-01-2021, 03:57 PM
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#42
  1. Destor
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Originally Posted By RegisteredUnit⏩
Exactly. Same with oil. Same with this. As soon as you catch wind of the "next big thing" you are already too late.
Cannot confirm, started buying oil stonks when the pandemic hit

But I work in O&G and know the industry pretty well
post 1630287763 02-01-2021, 04:05 PM
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#43
  1. lockdev
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Originally Posted By sif⏩
This MF out here thinking we believe him. Either you HOLD or you've never been with us.



Thank you, just about to say this.
This. You fell for the trap brah.

Hold or get fukt.

The only people selling during those ladder attacks were weak handed poosays.
Misc Entrepreneur Crew
post 1630288153 02-01-2021, 04:09 PM
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#44
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Originally Posted By Destor⏩
Cannot confirm, started buying oil stonks when the pandemic hit

But I work in O&G and know the industry pretty well
The oil example I was referencing was from decades ago. Not now haha
post 1630288263 02-01-2021, 04:11 PM
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#45
  1. Destor
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Originally Posted By RegisteredUnit⏩
The oil example I was referencing was from decades ago. Not now haha
Yeah I was taking about the Spanish flu
post 1630288603 02-01-2021, 04:14 PM
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#46
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Should of hold ******* I’m down by 200 and you don’t see me containing
post 1630288653 02-01-2021, 04:15 PM
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#47
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Made about 4k. Sold once RH started blatantly manipulating the market.

Lol at playing a rigged game.
post 1630288663 02-01-2021, 04:15 PM
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#48
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You bought emotions into trading and payed the price

It’s becoming like a cult this hold GME autistic sht
brb haven’t met one vaxcel who doesn’t get defensive or mad when you tell them you didn’t get it.

No “vax” for HIV after 40 years of research. No vax for cancer after 100 years of research. No vax for the common cold and yet a virus mysteriously appears and Within 12 months a “vax” is found by 4 pharma companies all within 1 week and we are mandated to take it ….
post 1630289173 02-01-2021, 04:22 PM
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#49
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Maybe Blockbuster and Sears will make a comeback.
Eat in a deficit to lose weight.
Hit your protein and fat minimums to stay healthy and keep your gainz.
Lift heavy and do HIIT to look and feel awesome.
Use the internet to learn why you should do these things and how to do these things.
post 1630289763 02-01-2021, 04:30 PM
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#50
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Originally Posted By lockdev⏩
This.

Hold or get fukt. You chose the latter. Sorry OP.
Lettuce be cereal. Holding is not worth it.

I kinda got swept up by the hype. I feel gutted for selling, but now I'm determined not to repeat mistakes and I've learned a few things.

For those repeating my mistake, all I can say is just keep learning and thinking about the game theory here. The longer I thought about it, the more I realized that hedge funds are still in the driver's seat.

Hedge Funds advantages:
- Manipulate the media
- The capital to drive down stock prices through 'ladder' attacks
- Scare out holders (I basically fall into this category) -> which lead to more people selling

Hedge disadvantages:
- Short interest


Retail investor advantages:
- Hold

Retail investor disadvantages:
- Disorganised
- Limited capital
- Limited patience


Even if the stock reaches, say, $600 what happens? You keep on holding? Can you even convince strangers to hold? The moment waves of people start selling, it causes a domino effect and price starts dropping.

Hedge Funds will still take a loss from all this, but they have some control over how much they lose. Stubborn bagholders are just destined to lose. I don't see how the stock is going to shoot back up again. And even if it does retail investors become adversaries.

The real problem here is that we cannot force hedge funds to sell their shorts to drive up the price. Nor do we know when they are expected to sell their shorts.
post 1630290433 02-01-2021, 04:39 PM
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#51
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Originally Posted By me12inch⏩
Regret, regret, massive regret
Urine idiot that's missed the point OP. You won't be missed.
Misc Entrepreneur Crew
post 1630290643 02-01-2021, 04:41 PM
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#52
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Originally Posted By Muscle2021⏩
you guys sure did show wall street. They were shorting a stock from like 4 bucks to a dollar now they will be shorting this stock from 350 to a dollar.
Alot of people that bought AMC and GME are like me. We had like 1-2k to just light on fire and hope that we wake up one morning to two hedge funds filing for bankruptcy... there is no exit strategy.

I saw a movement where other people were joining together under a common cause that I supported. I resigned to literally never sell my shares when I bought them.

I think the stock market as a whole is overvalued right now, I think the USD is also overvalued. The only stocks I would consider buying are AMC and GME for pure lols.... All my other bets are against the stock market and the USD.


feb9th is the true test. We get to see actual short data on the 9th of February. Provided they don't counterfeit that as well lol.
post 1630290833 02-01-2021, 04:43 PM
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#53
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Minority for Trump Crew
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Pinoy crew

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DL: lmao
post 1630291353 02-01-2021, 04:49 PM
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#54
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Originally Posted By lockdev⏩
Urine idiot that's missed the point OP. You won't be missed.
I mean the fact that two randies on the internet can't talk without one of them resorting to insults just adds to my point.

Underneath the "hold the line" mask is just another person who was never really comrade.
post 1630291723 02-01-2021, 04:54 PM
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#55
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I just looked at the chart. It's going back to sub $50.
Forever alone? Attraction and keeping the girl chasing you - http://forum.obnoxiousbrutes.com/showthread.php?t=131498033

You will never know your limits, unless you push yourself past the imaginary lines you have drawn in the sand.

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post 1630292003 02-01-2021, 04:57 PM
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#56
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Originally Posted By Destor⏩
Yeah I was taking about the Spanish flu
Norwegian Oil discovery. They found oil and everyone and their mother that was a big investor went for their share. One investor realized that they all ditched painting investments so he bought up the lucrative art for as cheap as you can get. When a majority of the big dogs were too late on the oil run, they went back to their typical investment pursuits, and the man who bought up all the art prior reaped the rewards of not being a sheep late to the party.
post 1630292143 02-01-2021, 05:00 PM
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#57
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Melvin and their team of high testosterone traders is making savage, well timed blows to the GME longs by flooding the market with their continuous new short positions. Probably spent all weekend lining up more capital. Battle of will, retail investors are dropping like flies as their inexperience and fear overcome their thinking. Melvin and the other shorts are functioning as one unit. While the retail investors, all looking out for themselves, start to reassess what they're doing. Watch for a huge push over the next week to drive this stock down. Shorts need to cover at prices that won't kill them. They also love this volatility, because they can take out new short positions at what they think are insane prices, and just ride the waves making money as it goes down, then letting it go back up (giving the retail investors some false hope each time). A noble effort, but the opposition is, in Devon Larratts words, wayy wayy too strong.
post 1630292313 02-01-2021, 05:02 PM
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#58
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Sorry about your loss op.


Time to pickup up some extra shifts
Losers let it happen, winners make it happen.

Nonsense Army Crew.
post 1630292463 02-01-2021, 05:04 PM
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#59
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lmao
I will never let go of my amc shares op, you can suck my fat ass
6'4 200
Ain't much if it ain't Dutch
Medstudent crew
post 1630292923 02-01-2021, 05:09 PM
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#60
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Its over GME longs

(posted 24 minutes ago)
Robinhood, Under the Gun, Raises $2.4 Billion
https://www.nytimes.com/2021/02/01/b...p-trading.html

The latest round of fund injection means that Robinhood has raised more capital in a week than at any point since its inception in 2013, giving it enough financial muscle to meet any funding needs stemming from the trading boom.
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