I remember when Bitcoin was in the media 24/7 and there were adverts everywhere about it and it was only at $5k, it's now almost $40k. People see BTC far exceed its price when the media hype was similar to this stock and think GME might end up there as well.Euler wrote: βThu Feb 04, 2021 11:21 amI think the interesting thing for me in episodes like this, is that I've seen in all before and there is little or nothing, especially in this era, that you can do to stop people being stupid. So I'll just base my decision on what I think the masses will do.
GameStop : GME
It's had a few rough day's now... obviously people are still holding it... seems like they're gonna be in it until the end, feels a little silly, it seems obvious that their plan worked but is now reverting.... they had some good chances to make loads of cash.
You do not have the required permissions to view the files attached to this post.
- ruthlessimon
- Posts: 2095
- Joined: Wed Mar 23, 2016 3:54 pm
RH have lifted restrictions on GME and AMC, it'll be interesting to see what price action that leads to (if any) - interesting to me because WSB are pumping the info over sm when only a week ago they were calling for a boycott.... now it's a Thunderbirds are go sort of narrative.
It's a similar situation chip shops have... "hot surface, do not touch" - customer, touches anyway, result burnt fingers.
It's a similar situation chip shops have... "hot surface, do not touch" - customer, touches anyway, result burnt fingers.
- ShaunWhite
- Posts: 9731
- Joined: Sat Sep 03, 2016 3:42 am
Yes hilarious init... "the hedge funds" are the institutions that are managing our pensions and the NHS trusts' funds. I wish jokers like this would stop fckin around like it's all a big game.