At what point does it get too risky though. It's double what it was Sunday. Is it going to double again by Friday? Or will something happen to shut the whole shit down and I get stuck with a bunch of worthless gamestop shares
This is all a meme, and it's all gambling. In my mind it's completely detached from the concept of "investing". The primary value of the gamestop situation is less the potential gains, and more the entertainment value.
As I understand it, on Friday the hedge funds run out of time , and as long as the price is above $115 the banks have to step in to buy the shares back no matter what the price is at.
If you want to do it, I think you should approach it like a form of entertainment. Would you buy a movie ticket to see a movie? Will this give you entertainment similar to a movie? Then spend that much on it and have your fun.
But don't gamble. It's very easy to get into a highly destructive mindset towards these things.
It’s not too late
At what point does it get too risky though. It's double what it was Sunday. Is it going to double again by Friday? Or will something happen to shut the whole shit down and I get stuck with a bunch of worthless gamestop shares
We going to 1k. If you want to sell Friday it’s free money
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great teacher tell me
How do you know this?
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No one knows if we’re being honest. Just gotta keep reading and follow on web. I’m not doing anything else with my time.
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This is all a meme, and it's all gambling. In my mind it's completely detached from the concept of "investing". The primary value of the gamestop situation is less the potential gains, and more the entertainment value.
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I was just saying it’s def going up until Friday. Friday if you get cold feet you can back out
How do you know?
That’s the day there options are due. There’s at least 2 million Redditors willing to hold on.
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You in?
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Do not sell we taking this thing to pluto
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As I understand it, on Friday the hedge funds run out of time , and as long as the price is above $115 the banks have to step in to buy the shares back no matter what the price is at.
If you want to do it, I think you should approach it like a form of entertainment. Would you buy a movie ticket to see a movie? Will this give you entertainment similar to a movie? Then spend that much on it and have your fun.
But don't gamble. It's very easy to get into a highly destructive mindset towards these things.