This is a big thing I’ve learned out of all of this.
If you do your research and have a general price target in mind, the current price of the stock does not matter at all.
Imagine had you been confident in your purchases. You would have viewed all those red days as an opportunity to strengthen your position for when the stocks would eventually reach your level.
and don’t take this as a criticism. I’ve done the same type of thing. Just saying my thoughts out loud as I learn more about this shyt.
Facts. I threw every penny I had at GME @45 because of the hedge fund takeover on reddit (yes really) and it just really stuck me how much the media was frauding. It dawned on me just how many billions must be on the line.
The media trying to run with a "going bankrupt sell now, wallstreetbets blah blah blah" narratives for on both companies off the heels of raising a literal billion dollars is lunacy.
I think people are still kinda stunned at how blatantly the media tells baldfaced lies. Financial media is the biggest liars of them all and the people who bribe them have the deepest pockets.
Cramer told people to stick with BearSterns while they were collapsing.
After the last 2 elections you'd think we'd know by now. But man, in one year for a huge chunk of millenials to know about naked short selling....they fukked up on a colossal scale.
.. i'm waiting for hedge funds bankruptcy announcements and DTCC insurance to kick in.
