He enjoying the view from his condo

from here onward..its will go down to USD20..lol..

imagine if u short it from the all time high USD3XX..

He is CCP macai. Surely gullible and easily scammed type.

$20?

It may go sub $10.

Never catch a falling knife guys.

I will buy in at $9 or lower.

this is part and parcel about betting on high risk, high return stocks.

You may be down 60-70%. Can you afford to be in that position?

Meanwhile, other stocks can go up 150%-1000%, like Tesla and AAPL.

When you spread out your investments, your stock portfolio should be both red and green. But overall picture is that you are up.

Once you have made the investment, just hold. It is only paper loss. Don't think so much about the loss. Go and play other stocks and move on with your life.

Ultimately, you must be comfortable taking up losing positions for a long term.

This post has been edited by Liamness: Feb 19 2021, 10:45 AM

Wtf AAPL high risk high return?

I owned AAPL for the past 7 years. I won't classify it as high risk at all. It's got more cash than Bank Negara reserves ffs!

Tesla, that one another ponzi scheme. I agree.

All Tech stocks are pretty risky for institutional investors.

.
Today, Thursday 18 Feb 2021 NY Time, GME share price closed at US$40.69, from its previous close of US$45.94, a drop of 11.34%.
....... No real boost from DFV. He could have showed that he was still HODL and Gamestonk with his GME shares by posting his portfolio, like he used to.

The anti-business Congressional Democrats at the hearing mostly targeted the "BIG men" Robinhood and Citadel/Melvin Capital for questioning and ignored the "small men" Keith Gill aka #DeepFuckingValue and Reddit.

Looks like Gamestop/GME share price is heading back down to earth/US$5 - in a month or 2, instead of shooting up to the moon/US$1,000.
.

short squeeze is over.

Now, it is completely on the fundamentals of the stock and company. Whether you believe in their vision for their future. Gaming is still huge, still relevant today. I don't see it going away. And there is no netflix kind of service that can replace gamestop the way netflix replace blockbuster.

Berkshire hathaway is conservative, and apple is the largest holding in the portfolio.

they only just started investing into Apple big time last year..

And by the time he finally made the investment, Apple already split their shares 5 times.

The days of sitting on the Apple stock roller coaster are over.


This post has been edited by Liamness: Feb 19 2021, 11:10 AM

So youre saying that a conservative investor like buffett would invest nearly half of his fund into a risky asset?

Ok.

So you are conveniently missing the fact that it took Apple some very risky moves and plays to get into a stable enough position?

Do you honestly think Apple wasn't a risky investment 7 years ago?

lol.. OK.. hindsight is always 20/20.

This post has been edited by Liamness: Feb 19 2021, 11:13 AM

.
Not every Retail investor is like you. .......

https://www.wsj.com/livecoverage/gamestop-s...eddit-robinhood - Lawmaker Cites Salvador Vergara’s Losses - 7 hours ago
"Rep. Jim Himes (D., Conn.) cited the trading losses of Salvador Vergara during Thursday's congressional hearing. The Wall Street Journal reported that Mr. Vergara was so enthusiastic about GameStop Corp. shares that he took out a $20,000 personal loan and used it to buy shares. He now faces big losses as the stock plunged.

Many individual investors said that they piled into GameStop shares to see professional investors deal with losses. But Mr. Vergara’s losses highlight the difficulty in determining winners and losers of the GameStop mania. Not all retail investors notched big gains, and not all institutional investors dealt with losses."

It was anonymous DFV aka Keith Gill who impersonated as an ordinary Retail investor on Reddit, who also hyped the short-queeze of Hedge-funds who had held large short-positions on GME shares in early Jan 2021. This caused many gullible Retail investors to pile into GME shares at >US$100 prices at end Jan 2021 and became losers/suckers as above.
.

This post has been edited by lurkingaround: Feb 19 2021, 11:15 AM

In one post you said all tech stocks are risky, got corrected, then you change the topic and talk about them being risky in the past.

If you want to win so much that youre willing to shift goalposts for a simple post correcting you, then be my guest.

Epic
Steam
PS store?

Sleeping??

I'm not shifting any goal posts at all. When people talk about investing, I automatically assume you mean long term investments.

Apple was a risky stock up to only a few months ago. You can't suddenly change facts quickly after like what, 20 years of Apple being a high risk play. Just because Buffet invested into it a mere 4 months ago, it doesn't change the fact that it was highly risky when you compare to other blue chip stocks that have been around for decades..

People invest and hold stocks for years, decades even. That's my basis of whether a stock is high risk or not.

None are subscription based, and do not include streaming..

Console games is the largest market segment of games.

Bigger than PC games.

So tell me, is Epic and Steam interested in penetrating the console gaming market, dominated by GME??

Also, GME are working out deals with microsoft and sony to continue pushing games for them. It is in Sony & Microsoft best interest that a dedicated gaming retailer in the form of GME exists.

$5 is short sellers manipulated price. Fair value is $20-$30. If you really think it will go down to $5 again after short sellers get rekt think again

Btw, I dont think GME will go lower, we'll see in a few months time whether this HF short sellers have been bluffing all this while. We'll see in a month or two. If there's huge spike, short sellers are still in the game



This post has been edited by icehart85: Feb 19 2021, 11:48 AM

Dude, in two days you literally lost 70% of a downtrending meme stock even when others are telling you to not catch a falling knife.

I dont think you are the best judge in terms of evaluating risk.