3 ms·
So far, meaning you're still holding?
by reitzensteinm 6y ago
So far, meaning you're still holding?
- buryat 6y agoyes, what’s the point of selling now, I hope it’s going to come back, at least that’s what people on wsb are saying and i’m a big sucker for believing everything
- rasz 6y agoit was up to $80 today, meaning at worst you would lose 3/4 of whatever you put in. It will go down to 0. GME is worthless in digital age.
- voisin 6y agoWorthless if you assume their business will not change and adapt. This is the fundamental risk in most short selling theses. People and businesses are not static, immutable objects. Given the dollars on the line you have to assume they will be seeking ways to pivot and adapt.
- krustyburger 6y agoThey have been consistently losing money, quarter after quarter, for a long time. The dollars on the line were present all the time. Your logic applies equally well to long positions, if you believe all people and businesses are constantly in such flux.