u/DeepFuckingValue and the GameStop Reddit mania

Re:u/DeepFuckingValue and the GameStop Reddit mania by leadingthenet on Saturday January 30, 2021 @09:38AM (#25969406)

Forever is a long time. No, I do not believe it will last forever, or even six months.

I do believe it will last at least one more week, though, yeah. And I'm putting money where my mouth is.

The best part in all of this is that you're free to short it if you disagree. See where that leads you.

[ Parent | on HN ]

Re:u/DeepFuckingValue and the GameStop Reddit mania by tinyhouse on Saturday January 30, 2021 @05:31PM (#25973681)

So you basically agree with me. You still wrote your last paragraph. That is because you're invested emotionally in this.

Never shorted a stock in my life. Not going to start now. I cannot predict when this will stop. Nither can you. What currently holds everything together is the unknown. People don't know who, when, and how the shorter s are going to close their positions. Once things will clear out I predict it's gonna be the beginning of the end.

Just to be clear. I don't think it will crash to nothing any time soon. It will keep trading much higher than what it was pre this saga. When I say crash I mean down around 70-80% from its current value of $330.

[ Parent | on HN ]