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Old 01-28-2021, 01:08 PM   #1995
Enoch Root
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Join Date: May 2012
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Quote:
Originally Posted by CroFlames View Post
There is no next one.

This GME thing is really unique. All the other stocks like BB, NOK, AMC etc were just pump and dumps, and many were being pumped by bots to try and distract from GME. I would stay away from all those until #### settles down with GME. Just IMO.

GME is the battleground with hedge funds. The shenanigans that were pulled this week by funds, brokers, heck the SEC, prove they are scared. If we all by and hold, we can win.
Not sure if you were being serious with that or not, but I wouldn't suggest that strategy on GME. This is all fun and fascinating right now, and if you can get in and out and make some money - great.

But if you think this will keep going up, I think you are seriously mistaken. At the end of the day, it is ownership of a company. And that company isn't worth $400 or $1,000 per share. It is probably worth about $20 per share.

And that is where it will end up when the music stops
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