Boiler Room: The Official Stock Market Discussion

winb83

52 Years Young
Supporter
Joined
May 28, 2012
Messages
48,778
Reputation
4,173
Daps
73,460
Reppin
Michigan
I agree with what was said about the problem with Gamestop stock being that it got on TV. It got too much exposure and complete amatures ran into the trade. The people on Reddit seem to think they can hold it down but they got swept up into a force greater than themselves. They can tell themselves to hold all day but they can't get the amatures that don't frequent their forum and they can't get the hedge funds that hopped onto the WSB side of the trade to do the same.

Their problem now is there are too many eyes on them. They can't make another move with out the news media being all over it. Had they played this out on their own perhaps the gains would have been more modest but many of them could have made out like bandits instead of bag holders.
 

dora_da_destroyer

Master Baker
Joined
May 1, 2012
Messages
66,519
Reputation
17,200
Daps
274,289
Reppin
Oakland
I agree with what was said about the problem with Gamestop stock being that it got on TV. It got too much exposure and complete amatures ran into the trade. The people on Reddit seem to think they can hold it down but they got swept up into a force greater than themselves. They can tell themselves to hold all day but they can't get the amatures that don't frequent their forum and they can't get the hedge funds that hopped onto the WSB side of the trade to do the same.

Their problem now is there are too many eyes on them. They can't make another move with out the news media being all over it. Had they played this out on their own perhaps the gains would have been more modest but many of them could have made out like bandits instead of bag holders.
This shyt been in motion for months. The real WSB crew has tons of GME under 30 - they can cash out on the crash and KIM.

But the late to the party types and the big YOLOers who bought hundreds of 200+ shares :huhldup:
 

Rickdogg44

RIP Charmander RIP Kobe
Joined
May 1, 2012
Messages
8,725
Reputation
761
Daps
13,370
Reppin
Atlanta
I know we ain't reddit hype but... we believe in Chamath

September 28th, 2020: "I'm in the trenches relax."



October 6th 2020: IPOC & Clover Health announcement


December 28th, 2020: "I'm in the trenches relax"



January 7th 2020: IPOE & Sofi announcement


January 28th, 2021 (Today): "I'm in the trenches relax."



Announcement date TBD


Each time Chamath has tweeted this the following week one of his SPACs announced a target. The time is nigh!

 
Top