Please keep sharing. I can’t afford to yolo anything, so I have to live vicariously through you and the loss porn on WSB
That chick is my ten. Think the marriage worked?
Have you guys seen the price of AMC in after hours?
Coulda had a $100k payday. Instead I settled for $10 G’s and a bottle of duckhorn.
These meme stocks man. I just don’t see it ending well… total speculation on companies burning through cash with little to no profitability. Take your 10k and thank the kids parents for their lunch money.
Kodak bro is the new hotness. GME and AMC show no sign of stopping haha. The kids are fierce! Humans do love a good ponzi scheme because everyone thinks they won’t hold the bag last when it collapses. Don’t try to catch a falling knife just enjoy your profits man.
Did you not get the stuffed crust pizza???
Just ride it until it dips! It’s that simple. Please refer to the video in the other thread if you’re unsure about how it’s done. Ride, make money, repeat!
Wow, I just checked out the action on AMC today!!!
Check GME
amc has 10b in debt. its burning about a billion a year right now. they secured financing of a billion i think and got about 400m cash on hand. even before covid they were only cash flowing 60m. this is what you’d call a zombie company.
gme at the very least, can issue shares and live for a long time. currently valued at 22b. it was generating 230m cash pre covid, but it was losing money prolly from closign stores. no outflow right now though.
Wall Street Bets can be like kickstarter or gofundme for publicly traded companies maybe
haha thats a nice comparison. that is sort of the the stock market is. except kcikstart is more like ur consuming their product. and gofundme is like donations? and the stock market is taking ownership interest of future profits.
Agree. It’s like blessing a company with market cap, giving them the potential opportunity to use it to reinvent themselves through M&A. Just fascinated by it, I don’t have any skin in it. I live vicariously through others haha.
AMC paying down that debt haha. Wall street bets investors are like “good for you”
I bought 1 share of AMC today to ride that lightning. Invigorating!
BLIAQ
This doesn’t happen often for me in online forums but I actually feel shitty for this. I mean you still made money but there is always the regret. ■■■■ man, I wish you would have hit the motherload.
Keep your head up and try not think about it too much. Life is a ■■■■■ sometimes.
Thanks Breh. Yeah it sucks, but it’s not something that was ever supposed to happen I’d say. So, how mad can I really get?
Trade this week is starting to pan out. I have 38 PLTR $37 puts I shorted that expire on Friday. If they expire, I can go get even more duckhorn.
If I’m forced into buying 3800 shares of PLTR though, I still like it long term.