GME goes lower before it has a chance to go higher

FranklinMorley
03-25

With $GameStop(GME)$ , it seems like a bagholder's nightmare. The stock's volatile history and uncertain future prospects make it a risky investment. Unless there's a significant turnaround in the company's operations and the overall gaming industry, it's hard to see GME recovering anytime soon.

I own a put option that expires in May. I have no idea what happens after earnings on Tuesday, no one does but the chart is definitely bearish presently.

I do find that the people actually think owning gamestop is investing. This is still pure speculation. I think it goes lower before it has a chance to go higher.

A Bagholder Forever? Which Stock May Never Recover?
Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend". For example, those bought First Republic Bank and Silicon Valley Bank during the bank run; Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week) Or perhaps those who bought Vinfast at its peak last year? ---------------- Which stock is your longest losing friend? Share your bagholder experience together? What lessons do you get from these stocks?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • chr15
    03-26
    chr15
    So many trolls came out to play today 🤡
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