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Feb 15, 2021
10:07
:39
am
byubyu
Truly Addicted User
That's really not that big of a deal or risk. People make worse decisions when
purchasing cars.
It was a 15k mistake. Not the end of the world.
This message has been modified
Originally posted on Feb 15, 2021 at 10:07:39am
Message modified by byubyu on Feb 15, 2021 at 10:23:19am
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byubyu
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byubyu
Joined
Jun 28, 2006
Last login
Jun 1, 2024
Total posts
65,943 (2,910 FO)
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Messages
Author
Time
GME: why you don’t borrow money to gamble story in WSJ
Big Daddy D
2/15/21 9:51am
What a dumb idiot and I don’t feel bad for him at all.
JohnnyC
2/15/21 9:53am
If rh didn't shut down trading he might be rich
Deleted
2/15/21 9:55am
Class action lawsuit
idcougarfan
2/15/21 9:56am
Probably more likely a lot more people would be in his same position.
N8Dawg
2/15/21 9:58am
By people you mean hedge funds. That’s who was protected in the shut down.
Probable Sacko
2/15/21 10:00am
No way enough people hold onto the stock to have the price keep going up. The
N8Dawg
2/15/21 10:54am
Yes, cashing out happens when the stock can only be sold to shorts and not purchased by anyone using online brokerages.
Probable Sacko
2/15/21 11:02am
I guess the answer is both would have been hit harder. Hedge funds the worst but
N8Dawg
2/15/21 11:17am
So very true.
Eddie
2/15/21 1:35pm
Oh you’re one of those guys. How much did you lose?
Big Daddy D
2/15/21 9:59am
It is very obvious that the price tanked at the exact same time that RH shut
crazY
2/15/21 10:04am
Lol of course it did. I said it hastened the turn towards more realistic
Big Daddy D
2/15/21 10:49am
RE: Lol of course it did. I said it hastened the turn towards more realistic
crazY
2/15/21 10:58am
Kind of like people who took out huge student loans on degrees devoid of any earning potential.
Hank Rearden
2/15/21 9:56am
RE: Kind of like people who took out huge student loans on degrees devoid of any earning potential.
JollyGreenGiant
2/15/21 9:57am
Diamond hands
coucou
2/15/21 10:01am
People like him shouldn't be allowed to declare bankruptcy.
dYrtbYkerYder
2/15/21 10:01am
People like him are exactly why we need bankruptcy. You could just as easily
kosmokramer
2/15/21 10:25am
YOLO! Your life might stink because of your decisions, but YOLO nevertheless.
dYrtbYkerYder
2/15/21 10:02am
YOLO = a gambling attitude. Dude took his shot, and it was a fail.
Eddie
2/15/21 10:08am
That's really not that big of a deal or risk. People make worse decisions when
byubyu
2/15/21 10:07am
This guy says that will be the reason of the next market crash
Zak
2/15/21 10:11am
Approaching stocks like this is akin to getting a loan and walking into a casino
lilpenny
2/15/21 10:28am
dude bought at the top like a dope.
Mayor of Cougartown
2/15/21 10:37am
FYI he didn’t buy SPY. He did not dollar cost average. He borrowed money and bet
Big Daddy D
2/15/21 12:26pm
I am of the opinion this will happen to more stocks than just GME and the bubble
crack
2/15/21 10:43am
It’s crazy we don’t offer real life education in HS.
Probable Sacko
2/15/21 11:30am
Graduates from pleasant grove and there was financial literacy class. I took it
Powerbait DPM
2/15/21 11:47am
They should include a paper trading account in the class.
Eddie
2/15/21 1:38pm
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