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Posted: 6/8/2022 8:15:30 PM EDT
Is anyone still holding GameStop?  I have two buddies that are absolutely sold on this skyrocketing.  One of them has 70% of his 401k in it.  Just wanted some other opinions on this topic.  Are there really a shit ton of synthetic shares of GME or is it all bullshit?
Link Posted: 6/8/2022 9:38:39 PM EDT
[#1]
Originally Posted By raverill:
Is anyone still holding GameStop?  I have two buddies that are absolutely sold on this skyrocketing.  One of them has 70% of his 401k in it.  Just wanted some other opinions on this topic.  Are there really a shit ton of synthetic shares of GME or is it all bullshit?
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Link Posted: 6/8/2022 10:14:43 PM EDT
[Last Edit: InsaneRusher] [#2]
"One of them has 70% of his 401k in it. "

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Link Posted: 6/8/2022 11:30:50 PM EDT
[#3]
Tell him to sell some and buy RDBX.
Link Posted: 6/9/2022 3:30:49 AM EDT
[#4]
Link Posted: 6/9/2022 3:53:01 AM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By InsaneRusher:
"One of them has 70% of his 401k in it. "

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Tell him, “Blue Horseshoe loves Anacott Steel”
Link Posted: 6/9/2022 7:52:03 AM EDT
[#6]
Yea I know it’s insanity but is there any truth to GameStop still creating lots of issues from short positions causing the stock to sky rocket?
Link Posted: 6/9/2022 10:56:26 AM EDT
[#7]
Sincerely doubt they are going to “skyrocket “ from earnings at least. Not good at all. The short interest ratio is about 1/3 of what it was 1st qtr of 2021 high. As far advice, I’m not that guy.
Link Posted: 7/8/2022 1:48:51 PM EDT
[#8]
I'm curious how his 401k plan administrator let him purchase GME.
Link Posted: 7/8/2022 1:56:42 PM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ShermiesRule:
I'm curious how his 401k plan administrator let him purchase GME.
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Its obviously easy and a non issue to do it.  

You just have to think outside the box.  

As an example, I bought Apple at $40 with my 401k.  No problems, no permission required.
Link Posted: 7/9/2022 10:19:04 AM EDT
[#10]
Thats real retarded sir.
I play games with my roth. But my 401k is index funds all the way
Link Posted: 7/9/2022 5:14:58 PM EDT
[#11]
I haven't looked at GME in probably a year.  How the hell is it still holding up at $128 per share?


Link Posted: 7/18/2022 11:49:50 PM EDT
[#12]
No one is selling. Hold.
Link Posted: 7/19/2022 12:21:40 AM EDT
[#13]
I held on AmC and am doing fine...
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