i do have 1 share that i got at $115 and it's at, what, $70 now? who knows if it'll go above $100 again i really don't know
i'm holding my meme stocks because like, what am i gonna do, sell at a loss?
Too much math for my dyscalculic ass but I enjoy watching the fall of capitalism to dadaist absurdity
the thing is like, some people have put this better than i could, but the whole "narrative" of it all was flawed from the start
it was like a handful of people who knew what they were doing and a bunch of other people who were willing to kamikaze themselves against a gargantuan enemy, but the gargantuan enemy was always gonna win
i mean another hedge fund swooped in and make like almost a billion on all of this
lots and lots of people got into this really not knowing what they were doing, including me
I think the best point I saw was, "Yes, they still won, but we nuked how much they were gonna win by."
Which is still significant.
i don't know enough to know if the people saying "the squeeze has not mathematically happened yet" are right, or if the people saying "$500 was the cap and now it's over" are right, which i guess is the whole point of the stock market
it's all just gambling. you don't know if it's gonna land on black or red, you just get better at probability and averages
i just have to wonder if the hedge funds ended up hurting as much as we hope they did
i think it's like.......my joy over the concept of rich people getting fucked coming up against my natural cynicism and general belief that nothing good ever actually happens
IIRC they lost out on a few billion
Which is still a lot of money.
yeah i've got my single gme stock set at a sell limit of $500 until filled, so if the squeeze hasn't happened yet then it will sell then but basically im just ignoring it
i guess that's kinda how you want it to be with stocks