GameStop (GME) stock price

[Zebedee]

Some of your large fan base Nirish guy! Lol

https://old.reddit.com/r/wallstreetb...pfuckingvalue/









originally a soccer match clip.

[Nirish guy]

Ha ha - although I dont know what they were all cheering for as I'm guessing quite a few of them lost a bit - or perhaps that was only me !!! :-) Still things are looking up, I think I only lost about £500 more in the last week so that's less that the week before so there we are a DEFINITE improvement !!! lol I've decided to take on the style of the Donald Trump school of economics now and only report the "good" news ( to myself) and then everything will be just fine !! lol

I'm more pissed that Telsa has lost around $100 a share over the last short while as THAT does start to hurt in very real terms over a period if it persisted ! But i'm sure that'll bounce back again shortly ( he says crossing his fingers, legs, toes and anything else that's long enough to cross ! :-)

[goji]

I'm more pissed that Telsa has lost around $100 a share over the last short while as THAT does start to hurt in very real terms over a period if it persisted ! But i'm sure that'll bounce back again shortly ( he says crossing his fingers, legs, toes and anything else that's long enough to cross ! :-)

GameStop, Telsa ?
What next ? Dogecoin ? https://m.youtube.com/watch?v=s3NWyh8a5t0

Semper Augustus?

[Nirish guy]

well now Tesla I'm not complaining about as i've been holding that a while now and have made a nice amount out of that so far - and long may that continue ! ( as to whether it will or not is a different matter of course !)

But if you think that's all risky ( tulip ) investing ( which of course it is to some point) let me just tell of you of my own Financial Adviser who after investing a sum of money me for me in a locked Bond for over a year just came back to me there with something crazy like a 2% growth ( and even that was only gained in the last two months as it was in a negative position for months before that) and then proudly handed me a bill for his "advice" of over £3000, thus wiping out any profit made on that particular investment.

In the meantime had taken some money ( all against his "professional advice") and dumped it into Tesla and a few other similar stocks ( NIO etc) and went back to him in less that 9 months with WELL over 120% returns !!!

The most grating thing was that he STILL tried to argue that 'his advice" was best and his "strategy" was sound as "if it wasn't for the Covid crash he was sure he would have delivered maybe 6-8% returns year on year where as mine "probably" wouldn't continue to grow ( it DID !) ! Him also totally missing ( or ignoring the point !) that my 120% + returns had ALREADY blown him out of the water for several years to come ! But no, he was still admament that his "professional" ( and bloody expensive) advice was best and so he was worth his fee !

You can imagine the reply he got from me ( after I paid him in full by the way - much to MY annoyance )


So yes Tulips it may be - but THAT is where the money seems to be just now and like everything knowing when to get in and out is half the battle, if you ever work THAT part out then DO please let ME know too ! Thanks !

[cdnmatt]

Any of you guys holding some bitcoin? Holy shit, I'm smiling.

Ever since Tesla dropped $1.5 billion into bitcoin it's been roaring, and I don't believe there's an end in sight. Tesla will be accepting bitcoin as payment for cars shortly, Mastercard said their going to offer cards / products for bitcoin, BNC Melon some huge fund management company on Wall Street are going to open their trading channels to bitcoin, there's rumors Apple is about to drop a large investment, et al.

[Zebedee]

Yes cdnmatt I saw that,it seems you were right all along! I sincerely hope you have a large hoard of them,oh and becareful where you store them!
https://www.businessinsider.com.au/m...21-1?r=US&IR=T

[cdnmatt]

Ouch, 7500 bitcoin gone? That's gotta hurt.

There were times I had like 500 BTC in the past, but well, I had bills to pay... don't have anywhere near that right now, but still enough to put a smile on my face.

[Nirish guy]

Zebedee - if you've money in GME are you watching whats going on there just now !?? Very interesting !

[Zebedee]

Just saw it now thanks. No I'm not a player in this game....I like to watch! LOL

There's an article in the Guardian with an explanation,they seem to think it may have something to do with the Financial Director resigning,but who knows . Anyway,I hope you've made a few bob.

https://www.theguardian.com/business...frenzy-returns

[Nirish guy]

Zebedee],I hope you've made a few bob

Well losing less by the day which is something, it seems as I'd hoped that the new CEO is going in an kicking ass. He's appointed a new board and has stated his intention to is to turn into an online retailer in the form of Amazon or such like - which has piqued the investors interest again it seems........lets hope that continues and he succeeds .....I'm just sorry now that I didn't double down more than I did when I bought my last load of shares when they were at $40 ( as they're currently at $180 or so and climbing !) so, now the next dilemma - to fold or hold when if and it comes to break even time ($233 in my case) ! Decisions decisions lol