• ArtificialHoldings@lemmy.world
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      15 days ago

      Frankly I think every stock-oriented subreddit is a controlled operation meant to pull value from the subscribers only. I doubt almost any thread on those subs are people authentically sharing their perspectives.

    • Joeffect@lemmy.world
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      15 days ago

      Let me tell you a story… I sold off all my Bitcoin and put it all into GME stock right when it was starting to go up… Because why not right? It wasn’t much like it was worth 1000 bucks or something… Because everyone said the bitcoin bubble was going to pop or something… And then Bitcoin went from 30k to 60k in like two months… And now it’s closer to 100k

      Long story short I make bad choices and no fuckin way I’m selling my GME for a loss just for it to double or triple again in two months

    • sumguyonline@lemmy.world
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      15 days ago

      Not since Ryan Cohen gave the shorts everything they wanted with the stock sale last year and had absolutely nothing to show for it like a new product or acquisition. Ryan Cohen betrayed his core investors and did something that was supposed to be impossible. He turned a MACD Golden cross into a death cross with a stock sale. Impossible because it would take considerable timing, and back door dealing that is still illegal, in order for it to happen. GameStop dead. Ryan selling assets cuz the ship ain’t righted, and he ain’t got a better plan. Shrink the business and rip off the small guys that invested.