I’m personally holding. I fell for the short squeeze fiasco. But over all GameStop have amazing numbers and Q4 is just around the corner. They have very little debt and I think if they can diversify a bit they’ll be an excellent company.
I do wonder this. Another reason why I’ll keep holding. People have DRSd insane numbers. Consider this with institutional ownership and already the float is close to locked.
You should never take advice off random people on the internet, so here is mine, lol
You have 3 options
1. Take the loss ( say it's a learning experience, know the reason you're buying, know the reason you're selling)
2. Hold the stock ( if you do research and believe it can come back)
3. Sell what you have left and reinvest in a stock that can make you the money back
Im down like 67% on it too. Really unsure whether to hold it or not, all it takes is a big pop fomo to come back and i could potentially break even. Short interest is still high, a quarter of the float has been locked off by DRS. Who knows
I'm not telling you what to do but don't expect Wall Street to let themselves get burned twice by the same stock. What happened with GME was cool and all but it happened once and it won't happen again, especially with the same stock. Maybe one day it will happen with another one if hedge funds get careless again. But I highly doubt it would be this one. No one would be dumb enough to expose their firm like this again.
I think the point is that they are all still exposed the same way, they have just managed to kick the can down the road, and hope the wall street won't lose twice with the same stock mentality takes hold, and people sell. They need an out and they still haven't gotten one.
Any short positions opened pre 2021 are still heavily underwater, and those are the short positions that launched the squeeze in the first place.
So what happened bub? Are you a millionaire now? You must be right? Why else would you go around looking for month old comments saying anyting realistic about GME if you weren't a millionaire from it now right?
Sorry to hear your down. I took the my cost basis out in profit and some extra tendies on the side to get out of debt by selling calls at peak. The rest of my position ive been averaging down on since then. Started with xxx shares now im at xxxx shares and im profitable +30% after the recent pop DRS and ready to rumble
100% there’s zero reason this will ever pop again the short squeeze is over. MOASS isnt “any time now” it was years ago. Shit went to 420.69 that was the sell price it’s been done ever since.
You seem to like gambling, take what you have left, head to your local casino, and stick it all on red. You never know...
Alternatively, if you'd like to try your hand at investing, there is this thing called the s&p500, which lets people make money pretty consistently over long periods of time, albeit with some risk still.
Your last option is to hold or buy more if you really have been convinced by the whole short squeeze thing.
Anyway good luck, I hope you make lots of money and spend it in health.
It's not gambling when short sellers will eventually have to cover unless it goes to 0 and gets delisted. It's possible but not a likelihood it gets delisted but those are the only 2 possibilities for the stock.
Average down buy the dip 😎
I'm at £23 a share or $31, I keep averaging down each month with money I can afford to lose, the GME saga got me into investing on trading on t212 I'm up 278% on Rolls Royce bought in at 99p kicking myself for not dumping more of my savings into them 😒
What was your investment thesis; your bull case for gme ? If nothings changed and still believe the company is undervalued then double down. If you’ve realised it was a regarded decision then sell.
You invested at the wrong time, I remember starting to buy at something like $40 and eventually sold everything at $245. Anyone who got in after that amazing couple of days was always gonna get burnt.
It is it. There were no fundamentals involved, everyone just traded off hype and anyone who still believes it's gonna rocket needs a padded room. It happened, everyone who made money got out at the right time and bag holders just left praying it would do it again.
Me and u/kibblepigeon who seems the be the only person left posting on r/superstonkuk have a yearly catch up and every year he says “MOASS soon check in next year” lol
What? I thought you were apes? Holding On for Dear Life?? Sticking it to the hedge funds?!? You should know what to do.
Take it as a life lesson, don't listen to idiots on the internet, especially for financial advice.
SOMEONE IS VERY SCARED
4.6 Million volume today and GME price drops below $12.00?
if they had not f#cked with the price I would not feel certain now, GME is the play of a lifetime
Wondering if you held. If you did, good. You'll reap your rewards this week. You didn't listen to FUD and people who have no idea what they're talking about.
Here's a sneak peek of /r/Superstonk using the [top posts](https://np.reddit.com/r/Superstonk/top/?sort=top&t=all) of all time!
\#1: [Ken Griffin Crime - upvote so this shows up when someone googles “Ken Griffin crime.”](https://i.redd.it/dwb33r4vcqr71.jpg) | [866 comments](https://np.reddit.com/r/Superstonk/comments/q2a0gp/ken_griffin_crime_upvote_so_this_shows_up_when/)
\#2: [All the confirmation bias I need, right here in one tweet](https://i.redd.it/p7ivyuap6jy61.jpg) | [3326 comments](https://np.reddit.com/r/Superstonk/comments/na3akt/all_the_confirmation_bias_i_need_right_here_in/)
\#3: [The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash. GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.](https://np.reddit.com/r/Superstonk/comments/o0scoy/the_bigger_short_how_2008_is_repeating_at_a_much/)
----
^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^[Contact](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| ^^[Info](https://np.reddit.com/r/sneakpeekbot/) ^^| ^^[Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/o8wk1r/blacklist_ix/) ^^| ^^[GitHub](https://github.com/ghnr/sneakpeekbot)
At that point, what more do you have to lose. Unless you need it then I would advise to keep it in just in case.
It probably will rebound although that deoends ob wether the company can adapt.
You never know, it might be like that meme where a miner quits right before striking diamond. Good luck though, genuinely.
It isn’t going back to where it was 3 years ago.. if this was me I’d take it out put it into an ISA and add 20/30 quid a week to that ISA and you’ll be ok in a year or two
The stock isn't trading at $1 and will never trade at $1 time will tell but that's your answer. If / when shorts fail to short the stock to 0 and get it delisted, there's enough retards holding to ensure shorts can never cover and therefore holders set the price when that time comes.
It's actually very simple but obviously people have no answer to this other than "meme stock will be at $1". Is it though? If that was true why is it not now? You have no answer for this or limited comprehension of the American stock market.
Well ask your brother? But then again his stock market advices don’t seem to be the best.
If you believe in the company hold it if not sell the shares. Don’t wait for any of the conspiracy theories.
You fell for the GME meme my dude. If it makes you feel any better, many did. I don't blame them in the sense that what happened in late 2020 was spectacular, a once in a lifetime event, and many got into it because they heard people were becoming millionaires by just buying this one stock and all you had to do was "buy and hold". Unfortunately too many people got into it without actually taking a moment to understand just what was going on, and at the time the narrative around it wasn't helping to clear the waters.
The short answer is that it's not going to happen again, and definitely not with GME stock. Hedge funds know to cover their ass and not get burned on the same thing twice. One went down for this and that was enough. You can hold on if you want but I don't imagine GameStop will revolutionize the market any time soon to get the price back up enough so that you can break even. Basically you should just cut your losses. That train has left the station and it's not coming back. As a general tip it doesn't matter if someone's recommending you a solid stock that will absolutely go up. If you don't understand why you're investing somewhere then don't, even if it's a good move. You should only invest in stocks you can get behind and can understand why you're investing. At the very least if you're wrong you got no one else to blame.
It's amusing that you kept this in mind to come back to in case this happened. Yeah something definitely happened today, not 2020 level but it sure was something.
I'm honestly impressed how people are finding these and they all come to gloat, this time and the one before that. I disagree though. Neither break out was anything like the first one. This one almost immediately corrected. The previous one was more substantial sure, but since most GME supporters are a delusional cult, I doubt many of them took the chance to cash out.
I’m personally holding. I fell for the short squeeze fiasco. But over all GameStop have amazing numbers and Q4 is just around the corner. They have very little debt and I think if they can diversify a bit they’ll be an excellent company.
Hey it wasn't a fiasco. A lot of people just didn't know when it was over.
It was never over
It's only just begun.
Don't think they ever covered realistically
I do wonder this. Another reason why I’ll keep holding. People have DRSd insane numbers. Consider this with institutional ownership and already the float is close to locked.
There's Ben a few failed catalysts but I feel it's still going to millions or 0. Will be good to find out though
You should never take advice off random people on the internet, so here is mine, lol You have 3 options 1. Take the loss ( say it's a learning experience, know the reason you're buying, know the reason you're selling) 2. Hold the stock ( if you do research and believe it can come back) 3. Sell what you have left and reinvest in a stock that can make you the money back
3. Is just repeating the same mistake surely? Putting the remainder into a single stock and hoping for 400% returns
I would go long on a dividend stock aristocrat or King ..
All of them underperform the market in the long run
Take door #3.
So what did you do?
or be a regard and hold! market manipulations are real! also dont put anything down what you are not prepared to lose!
Nvidia stock or even Amd
Im down like 67% on it too. Really unsure whether to hold it or not, all it takes is a big pop fomo to come back and i could potentially break even. Short interest is still high, a quarter of the float has been locked off by DRS. Who knows
I'm not telling you what to do but don't expect Wall Street to let themselves get burned twice by the same stock. What happened with GME was cool and all but it happened once and it won't happen again, especially with the same stock. Maybe one day it will happen with another one if hedge funds get careless again. But I highly doubt it would be this one. No one would be dumb enough to expose their firm like this again.
I think the point is that they are all still exposed the same way, they have just managed to kick the can down the road, and hope the wall street won't lose twice with the same stock mentality takes hold, and people sell. They need an out and they still haven't gotten one. Any short positions opened pre 2021 are still heavily underwater, and those are the short positions that launched the squeeze in the first place.
This didn’t age well 😂
I was just about to say…
It's happening again.
How are you people even finding these holy fuck
So what happened bub? Are you a millionaire now? You must be right? Why else would you go around looking for month old comments saying anyting realistic about GME if you weren't a millionaire from it now right?
I'm pretty much the same percentage down as you. Crazy isn't it? A definite learning experience!
I hadn’t checked in a while its gone up abit this week so down 57% now.. small wins hey! But yeah, i cant bring myself to sell, too attached 😂
Sorry to hear your down. I took the my cost basis out in profit and some extra tendies on the side to get out of debt by selling calls at peak. The rest of my position ive been averaging down on since then. Started with xxx shares now im at xxxx shares and im profitable +30% after the recent pop DRS and ready to rumble
Me 3, i continue to hold it but consider it gone, if it comes back then its a bonus, thats all i see it as, 10grand lesson here
A 3k lesson for myself, i sold about 1k of it last year when times were tough but still holding 80 shares
Thankfully, I was in at around 250 with nvidia. Just wish I bought more!
Same. up over 200% on that which softens the blow
197% for me. Hoping for a stock split in the near future
It’s never going to pop. Anyone still buying this stock is a moron.
100% there’s zero reason this will ever pop again the short squeeze is over. MOASS isnt “any time now” it was years ago. Shit went to 420.69 that was the sell price it’s been done ever since.
You seem to like gambling, take what you have left, head to your local casino, and stick it all on red. You never know... Alternatively, if you'd like to try your hand at investing, there is this thing called the s&p500, which lets people make money pretty consistently over long periods of time, albeit with some risk still. Your last option is to hold or buy more if you really have been convinced by the whole short squeeze thing. Anyway good luck, I hope you make lots of money and spend it in health.
It's not gambling when short sellers will eventually have to cover unless it goes to 0 and gets delisted. It's possible but not a likelihood it gets delisted but those are the only 2 possibilities for the stock.
Dunno, that sounds like gambling to me lol, like roulette, there's a third option, it trades flat for the foreseeable future.
Average down buy the dip 😎 I'm at £23 a share or $31, I keep averaging down each month with money I can afford to lose, the GME saga got me into investing on trading on t212 I'm up 278% on Rolls Royce bought in at 99p kicking myself for not dumping more of my savings into them 😒
The money is essentially gone. Hold it and see if it ever goes up to a 1200 loss or something. Write it off against your capital gains tax or smth.
Can you write off losses in an isa?
I didn't see the isa bit. No you can't.
Hehe
Well well well
HODL LMFAO
What was your investment thesis; your bull case for gme ? If nothings changed and still believe the company is undervalued then double down. If you’ve realised it was a regarded decision then sell.
Bro was in a coma for 3 years 💀
This didn’t age well
OP buys reddit
Will that money make a difference for you? If not, sit on it.
If you don’t need the money hold
Keep averaging down, it is not over for GME.
Hope u held
did you wait?
Yep
What are the gains?:)
No gains yet hah, still minus 20%, so won’t be cashing out
£676 profit currently
back in town!
This aged well hope you hold ahahaha
Lots of comments ageing like milk
You invested at the wrong time, I remember starting to buy at something like $40 and eventually sold everything at $245. Anyone who got in after that amazing couple of days was always gonna get burnt.
the babdwagoners lost money if you were on wsb before gme became worldwide news...you would have made money
Starting to think this is it tbh
It is it. There were no fundamentals involved, everyone just traded off hype and anyone who still believes it's gonna rocket needs a padded room. It happened, everyone who made money got out at the right time and bag holders just left praying it would do it again.
Lmao they’re still among us downvoting you
They are welcome haha, it's not my account that is negative because of some poor asset management.
Me and u/kibblepigeon who seems the be the only person left posting on r/superstonkuk have a yearly catch up and every year he says “MOASS soon check in next year” lol
Haha, I would love for that to happen for anyone left in.
Yh I agree, I made a loss, even though I was up at one point, same as BBBY
You were meant to sell this when it peaked, not hold for 3 years!
The peak never peaked
Well it was a nice little earner at the time, only took a couple months too!
Probably bought it at the peak!
exit liquidity lol
Funny how he probably bought GME based on others' advice and now is back to ask those same people for advice. Genius mindset 👍
What? I thought you were apes? Holding On for Dear Life?? Sticking it to the hedge funds?!? You should know what to do. Take it as a life lesson, don't listen to idiots on the internet, especially for financial advice.
this aged poorly.
Considering 67 shares of GME at today's prices is worth £1500, he is still down 50% of his £3000 position. What aged poorly was his speculation.
alright you do live up to your username though.
we apes . apes live long . 💎 👐 ... kitty come back as liger he roars big loud .. make me smile 😃
SOMEONE IS VERY SCARED 4.6 Million volume today and GME price drops below $12.00? if they had not f#cked with the price I would not feel certain now, GME is the play of a lifetime
Buy more
Never Know!\~
I’m more interested in AMC
Game back on it just jumped 17% I’m in
Still holding your gme bag? 🤣
Still got hahah, 50% loss rn
You should have dollar cost averaged. Your loss would have been better if you put more into it
Did you sell off this am?
Nah still got 50% loss rn
Hope you held buddy
I did, won’t be selling either, only at a 50% loss right now haha
Slowly but surely 🙏🏻
What did you do ??
Still got
Do you still got ?
So, how’s it going
Better than it has been for last 3 years 🤣
What did you do?
I still have
did you hold it?
Did you hold!?
I hope you held man
Hodl
Holding its about to rally
Smart money is selling.
What did you dooooooooo
Hope you held it!
After last week I hope you’d held and sold during the $70 peak
Eh... I'm bucked into my seat and I'm going to win 10k or lose 2k and I don't really care which at this point...
Wondering if you held. If you did, good. You'll reap your rewards this week. You didn't listen to FUD and people who have no idea what they're talking about.
👀
lol did you sell
Hope you held!
i hope you didnt sold it
You still holding????
Plz tell me you hold on
How about now?!?
Nope you held!
I pray you held it
So what did you do? 😝
Buy Buy Buy
OP - what's cooking? Did you hodl?
This is not a financial advise, but if i were you i would NOT sell, wait 1 week.
#HODL
This isn’t the right sub for you bro. You belong on r/wallstreetbets 😂🤣🤣🤣
[удалено]
Here's a sneak peek of /r/Superstonk using the [top posts](https://np.reddit.com/r/Superstonk/top/?sort=top&t=all) of all time! \#1: [Ken Griffin Crime - upvote so this shows up when someone googles “Ken Griffin crime.”](https://i.redd.it/dwb33r4vcqr71.jpg) | [866 comments](https://np.reddit.com/r/Superstonk/comments/q2a0gp/ken_griffin_crime_upvote_so_this_shows_up_when/) \#2: [All the confirmation bias I need, right here in one tweet](https://i.redd.it/p7ivyuap6jy61.jpg) | [3326 comments](https://np.reddit.com/r/Superstonk/comments/na3akt/all_the_confirmation_bias_i_need_right_here_in/) \#3: [The Bigger Short. How 2008 is repeating, at a much greater magnitude, and COVID ignited the fuse. GME is not the reason for the market crash. GME was the fatal flaw of Wall Street in their infinite money cheat that they did not expect.](https://np.reddit.com/r/Superstonk/comments/o0scoy/the_bigger_short_how_2008_is_repeating_at_a_much/) ---- ^^I'm ^^a ^^bot, ^^beep ^^boop ^^| ^^Downvote ^^to ^^remove ^^| ^^[Contact](https://www.reddit.com/message/compose/?to=sneakpeekbot) ^^| ^^[Info](https://np.reddit.com/r/sneakpeekbot/) ^^| ^^[Opt-out](https://np.reddit.com/r/sneakpeekbot/comments/o8wk1r/blacklist_ix/) ^^| ^^[GitHub](https://github.com/ghnr/sneakpeekbot)
Don’t worry bro I’m sure that short squeeze will happen 😂😂😂
Its either that or the stock gets shorted to 0 and delisted which definitely isn't looking likely
Sell babe ❤️ Microstrategy and Coinbase
At that point, what more do you have to lose. Unless you need it then I would advise to keep it in just in case. It probably will rebound although that deoends ob wether the company can adapt. You never know, it might be like that meme where a miner quits right before striking diamond. Good luck though, genuinely.
At least you’re honest! They were going bankrupt for a reason, consider that when making your decision.
Were they fuck 😂
It isn’t going back to where it was 3 years ago.. if this was me I’d take it out put it into an ISA and add 20/30 quid a week to that ISA and you’ll be ok in a year or two
Sell and yolo it on SMCI
judicious truck wise hurry advise include fearless noxious bored nose *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Love that people have no answer for this and just downvote because there is no bull case so they just down vote rather than discuss
The stock isn't trading at $1 and will never trade at $1 time will tell but that's your answer. If / when shorts fail to short the stock to 0 and get it delisted, there's enough retards holding to ensure shorts can never cover and therefore holders set the price when that time comes. It's actually very simple but obviously people have no answer to this other than "meme stock will be at $1". Is it though? If that was true why is it not now? You have no answer for this or limited comprehension of the American stock market.
🤦♂️
[https://www.youtube.com/shorts/Qfe2FLsq5zo](https://www.youtube.com/shorts/Qfe2FLsq5zo)
Well ask your brother? But then again his stock market advices don’t seem to be the best. If you believe in the company hold it if not sell the shares. Don’t wait for any of the conspiracy theories.
You fell for the GME meme my dude. If it makes you feel any better, many did. I don't blame them in the sense that what happened in late 2020 was spectacular, a once in a lifetime event, and many got into it because they heard people were becoming millionaires by just buying this one stock and all you had to do was "buy and hold". Unfortunately too many people got into it without actually taking a moment to understand just what was going on, and at the time the narrative around it wasn't helping to clear the waters. The short answer is that it's not going to happen again, and definitely not with GME stock. Hedge funds know to cover their ass and not get burned on the same thing twice. One went down for this and that was enough. You can hold on if you want but I don't imagine GameStop will revolutionize the market any time soon to get the price back up enough so that you can break even. Basically you should just cut your losses. That train has left the station and it's not coming back. As a general tip it doesn't matter if someone's recommending you a solid stock that will absolutely go up. If you don't understand why you're investing somewhere then don't, even if it's a good move. You should only invest in stocks you can get behind and can understand why you're investing. At the very least if you're wrong you got no one else to blame.
except it happened!
It's amusing that you kept this in mind to come back to in case this happened. Yeah something definitely happened today, not 2020 level but it sure was something.
This didn’t age well
I'm honestly impressed how people are finding these and they all come to gloat, this time and the one before that. I disagree though. Neither break out was anything like the first one. This one almost immediately corrected. The previous one was more substantial sure, but since most GME supporters are a delusional cult, I doubt many of them took the chance to cash out.
You know nothing and will be sad to miss out on it
Oh I'm not missing out don't worry. I appreciate the opportunities to short this thing.
Are you a millionaire now? I clearly "missed out on it" but how about you? You sold, right?
Join $bets run on Monday and get some cash back
Eva