/biz/ - Business & Finance

>>27763942
Or buy the dip.

>>27648788
I sold the meme trade high (GME at $420, BB at $25 CAD) and used that money to buy long hold, high quality stocks at a discount. For a brief moment, hedge funds were the dumb money.

This isn't a problem I've had before, but what do you do with dry powder? I have like ten grand sitting in my brokerage that I don't particularly want to spend yet.

>>27322855
Anyone left of Thatcher is a leftist and belongs in the incinerator, simple as.

>>27294371
theme song for tomorrow
https://youtu.be/8XL2LbMcn4g

>sold GME at the top
>buying stocks hedgies were forced to liquidate at a discount
>gonna buy the GME bottom and do it all again
Hedgies haven't learned. They actually still think Gamestop is worth less than $1B. They'll short it again on the downslope, and they'll get caught in the same trap if they don't cover at $60.

>>27262540
>shorties STILL don't understand the GME play
I'm fucking stoked for round two, when you morons try to short it back down to zero and the exact same thing happens for the exact same reasons.

>bought GME at $12
>sold at $420.69
>watching the rest of the stock market crash
>using my Gamestop winnings to pick up long positions hedge funds have been forced to liquidate
Is this what it feels like to be a Jew? I could get used to this.

>signed up for Coinspot yesterday and got $10 worth of Bitcoin for free and bought $2.50 worth of Dogecoin (all AUD) for a laugh and also because it was all I had left in my bank account
>the Bitcoin is now worth $9.96 and the Dogecoin is worth $1.86

Is this a sign that I'm too retarded for this?