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posted 5 years ago by TheImpossible1 5 years ago by TheImpossible1 +60 / -0
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Comments (21)
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▲ 17 ▼
– Norenia 17 points 5 years ago +17 / -0

I am not telling you to drop GME right now.

But this scenario is going to absolutely BREAK investor confidence going forward. We're due another market crash, so get out of Wall Street investing quickly.

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▲ 8 ▼
– ThisTime 8 points 5 years ago +8 / -0

Market crashes are good for people who want to invest.

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▲ 4 ▼
– Norenia 4 points 5 years ago +4 / -0

Correct.

BUT YOU DON'T WANT TO HAVE MONEY IN IT WHEN IT ACTUALLY CRASHES.

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▲ 6 ▼
– CptLightning 6 points 5 years ago +6 / -0

Alternatively get in on shorting the market. Put options can only lose you as much as you bought them for

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▲ 5 ▼
– Norenia 5 points 5 years ago +5 / -0

I'll definitely consider the option. But for now, my account has been turned into cash. I had even considered getting in on the GME and AMC action, until today's events.

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▲ 8 ▼
– CptLightning 8 points 5 years ago +8 / -0

I got in on NOK AMC and BB yesterday unfortunately. And now I'm just gonna hodl until they let retail buy again, selling at a loss now vs a loss a month from now makes no difference.

Once that's over with though, I'm definitely pulling out for put options or crypto

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▲ 5 ▼
– cccpneveragain 5 points 5 years ago +5 / -0

Nokia is in on a short squeeze too? That one surprises me. They have been so low for years now.

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... continue reading thread?
▲ 4 ▼
– LungPaoSicken 4 points 5 years ago +4 / -0

They won't let you buy in anymore.

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▲ 9 ▼
– deleted 9 points 5 years ago +9 / -0
▲ 12 ▼
– Norenia 12 points 5 years ago +12 / -0

They won't be manipulated. But a dead market is a dead market. The market value loss across the board will be what naturally comes, not an artificial manipulation.

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▲ 4 ▼
– deleted 4 points 5 years ago +4 / -0

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