Results 1 to 20 of 46

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. Member
    Join Date
    Feb 2018
    Location
    Cataula, GA
    Posts
    1,709
    #1
    Quote Originally Posted by Almag6 View Post
    THere's a thread on reddit where MArk Cuban did a Q & A right after GME peaked. I'd suggest finding and reading that thread for some insight.
    I've read the thread and Cuban's AMA. His advice at the time was to hold if you can afford to. I don't know if that advice still applies considering everything that has went down since that interview. Robinhood and other brokerages stopped trading of GME that stopped the momentum and many rumors that market makers and hedge funds have been manipulating the stock to get the price down allowing them to cover their shorts at a lower price.

    Plus, not sure how much stock I'd place into Reddit at this point. Many on there have seen very large losses and are more emotional...all 'Diamond Hands' and stuff. I'm willing to take the loss, but if there is any fundamental reason remaining that drove the original GME spike I'm willing to wait it out.
    Last edited by mastergun; 02-17-2021 at 11:23 AM.

  2. Testing