GME goes lower before it has a chance to go higher

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GME goes lower before it has a chance to go higher

FranklinMorley
2024-03-25

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?

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chr15
·2024-03-26
So many trolls came out to play today 🤡
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Let's talk about your longest-lasting \"losing-friend\". \nFor example, those bought First Republic Bank and Silicon Valley Bank during the bank run;\nOr those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week)\nOr perhaps those who bought Vinfast at its peak last year?\n----------------\nWhich stock is your longest losing friend?\nShare your bagholder experience together?\nWhat lessons do you get from these stocks?\n\n","image":"https://community-static.tradeup.com/news/235b9f65af5e85341888f3a2d7cd2d05"}],"images":[{"img":"https://community-static.tradeup.com/news/d4654631b36f49c0c3f1378f867f7de0","width":"220","height":"220"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/d4654631b36f49c0c3f1378f867f7de0","width":"220","height":"220"}],"title":"GME goes lower before it has a chance to go higher","html":"<html><head></head><body>With <a data-mention-id=\"GME\" class=\"teditor-mention\" data-mention-name=\"GameStop\" href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a> <v-v data-views=\"0\"></v-v>, 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. <img src=\"https://community-static.tradeup.com/news/d4654631b36f49c0c3f1378f867f7de0\" tg-width=\"220\" tg-height=\"220\"></body></html>","htmlText":"<html><head></head><body>With <a data-mention-id=\"GME\" class=\"teditor-mention\" data-mention-name=\"GameStop\" href=\"https://ttm.financial/S/GME\">$GameStop(GME)$</a> <v-v data-views=\"0\"></v-v>, 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. <img src=\"https://community-static.tradeup.com/news/d4654631b36f49c0c3f1378f867f7de0\" tg-width=\"220\" tg-height=\"220\"></body></html>","text":"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.","highlighted":1,"essential":1,"paper":2,"likeSize":16,"commentSize":1,"repostSize":3,"favoriteSize":0,"link":"https://ttm.financial/post/288065982771240","repostId":0,"isVote":1,"tweetType":1,"viewCount":1526,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["GME"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":510,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":288257614119048,"commentId":"288257614119048","gmtCreate":1711397983335,"gmtModify":1711397989424,"authorId":3571539563271324,"author":{"id":3571539563271324,"idStr":"3571539563271324","authorId":3571539563271324,"name":"chr15","avatar":"https://static.itradeup.com/news/13577358120ab8cc55432ba4d58e7cf4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":288065982771240,"objectIdStr":"288065982771240","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"So many trolls came out to play today 🤡","text":"So many trolls came out to play today 🤡","html":"So many trolls came out to play today 🤡","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}