Where to invest?

love it

Insanity.

GME hit 350 in PM and is flirting with it now in open market. I was able to grab a bunch more when it dipped to 250. Still kicking myself for not piling my 2nd buy in at 70 the other day when I should have.

Meanwhile reddit under severe DDOS attack all day and half the brokerages are all down due to traffic - luckily mine seems to be holding up ok.

I bought GME in September at $7 (it was oversold after poor qrtly report) and sold a few weeks later at $15. In November I shorted it at $17.50 (holiday sales expectations were overly optimistic) and covered it in December at $12.

What's going on with GME now is indeed insane! Same with BBBY and AMC. Three businesses on the brink of bankruptcy in the real world are now high-fliers on the internet trading platforms.

Makes me very nervous about the overall market.

I think it's great that the hedge fuchs are getting fuched. Fuch em!

GME is a special situation where their greed is being turned around on them, but BB and NOK are different. Patents and software are going to make them viable again. I'm in on PLTR too.

Wish I'd thrown a bit at AMC yesterday, that's for sure! But the GME play is taking nearly all my attention this week.

Get a little nervous when GME dipped to $125 ?

No because the volume was next to nothing. Big attack. There will prolly be a couple more before the day is done. Just pissed at myself because I wasn’t ready for it. Won’t see another buying opp like that again most likely
I didn’t realize I still had Fidelity’s default of FIFO on and by the time I got that turned off and sold a bit of tsla I missed it.

Originally Posted by pesos

No because the volume was next to nothing. Big attack. There will prolly be a couple more before the day is done. Just pissed at myself because I wasn’t ready for it. Won’t see another buying opp like that again most likely
I didn’t realize I still had Fidelity’s default of FIFO on and by the time I got that turned off and sold a bit of tsla I missed it.

you can likely recharacterize those shares if it makes sense to do so. still hasn't settled.

The GME craziness has been awesome to watch, makes me want to participate. I love the fat cats getting exactly what they have been doing to us forever, and crying foul.