Reddit poster goes from $50k to $11 million off Gamespot stock( now $48 mil)

GrindtooFilthy

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breh, no offense, you've got to read. If you don't learn you'll be food. I do appreciate your willingness to ask questions though. Asking for help is something that I need to get better at myself. +rep

that being said. Set limit sells at a price you are comfortable with. I've got them going up to the stratosphere, starting from the edge of the biosphere.

This is not financial advice. don't listen to me
Already sounding like those autists on wsb :mjlol:
 

Afro

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NkrumahWasRight Is Wrong

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What's your definition of long?

Pause :dame:

Long generally refers to over a year to avoid short term capital gains tax which is at a higher rate

Basically I think this is a massive, historic pump and dump and I am physically unable to monitor it at all times to avoid potential bag holding so I am not partaking

I did buy BB and MNNKQ but they were more affordable. Got around 40% on both plays today
 

Loose

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I don’t have any I was thinking of getting in now. Just started seeing it today.
Personally I wouldn't chase something that's already up 150%. You have to get on these early. It may still explode and if you do buy put a stop limit on.
 

Afro

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Dip? Should I be prepared to jump out the tallest building I can find? :lupe:

Lol nah, that would be folks selling to get as much back as possible because they are either scared or made their gains.

why do they call them "autists"? been trying to figure that out all day :patrice:

I assume cac shyt :yeshrug:
 

itsyoung!!

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SHOULD I PULL OUT OF AMC

AMC is different then Gamestop. It has real tangibles, just got $900 million to avoid bankruptcy just recently and blockbuster movies will return on screen in the next few months. Will be a thriving business and is not a gimmick. Usually trades around $30-35 so even if you bought stock now at $10-20 you will probably long turn eventually turn a profit (im not a financial advisor please do not make a decision based off this post this is just basic knowledge open to anyone)
 

jdubnyce

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Long generally refers to over a year to avoid short term capital gains tax which is at a higher rate

Basically I think this is a massive, historic pump and dump and I am physically unable to monitor it at all times to avoid potential bag holding so I am not partaking

I did buy BB and MNNKQ but they were more affordable. Got around 40% on both plays today
Don't think anyone who knows about this is long on GME... especially at these price points
 

GrindtooFilthy

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why do they call them "autists"? been trying to figure that out all day :patrice:
As another poster said some of the bets they placed in there will literally have you questioning if that poster is all right in the head.

Iirc when op first did that bet on GME they all looked like at him super crazy
 
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