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/biz/ - Business & Finance


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26728196 No.26728196 [Reply] [Original]

I put a total of $35k into GME last year.

When I made this post after the session's close yesterday, my GME stock was worth $700,000 at $250 per.

It's worth $1,000,000 now.
I'm selling. Or should I?

>> No.26728324

>>26728196
HODL till Monday. Remember, whatever price it is Monday, they have to buy ALL OF IT.

>> No.26728387

Yes, take profit. Lmao, you're in the greed zone, but unironically stay in to see what happens.

>> No.26728396

>>26728196
not yet wait til friday

>> No.26728448

>>26728196
A million dollars is a million dollars.

If you don't take profits and this shit craters you'll kick yourself forever.

>> No.26728494

>>26728196
yeah i guess its over now
sell or sell half

>> No.26728632

>>26728196
Sell. Rule 1, don't be greedy. Reinvest 35k and keep the rest.

>> No.26728743

>>26728196
Sell just enough to "make money", HODL the rest for the adventure of your life!

>> No.26728749

>>26728196
If I was in GME (I'm not so take from that what you will) I'd pull profits before everyone else does, I'd do it tomorrow night since I imagine (((((((((they))))))))) will find some way to fuck over retail clients.

Happy for you though OP very sweet gains.

>> No.26728848

>>26728196
Pull out, this bubble will burst. The big players already pulled out, the big short guy did as well. Only retards who have no idea about investing jump on the bandwagon because of fear of missing out. Once people realise there is no promised payoff, the stock price will crash and burns downwards. It is not losing this all, 700 000 is good money, don’t let your greed take over you.

Don’t listen to investopedia investors, they don’t have even a 24 hour knowledge of what they are preaching

>> No.26728898

>>26728196
Do not stop until it's over. All the responsibility lies with them, not you. You will make out like a motherfucker if you just wait, and you'll get the extra side-benefit of having made a bunch of hedgies taste their own medicine. Think about what you'll remember most fondly in 20 years' time.

>> No.26728912

>>26728743
Based

>> No.26728997

>>26728848
I ment 1 mil

>> No.26729010

Take out 50-75%. See what happens with the rest

>> No.26729171

>>26728196
Take out half anon let the rest ride

>> No.26729183
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26729183

>>26728743
This
Sell the amount you realistically expected to make on your initial investment and buckle in buckaroo

>> No.26729483

>>26728848
Smart money gets out a day in advance, Dirty money gets out 2 days in advance. Today was the deadline. Whoever held past bell tonight is about to get raped.

Cap this post.

>> No.26729654

>>26729183
>>26729171
>>26729010
>>26728997
>>26728912
>>26728898
>>26728848
>>26728749
>>26728743
>>26728632
>>26728494
>>26728448
>>26728396
>>26728387
>>26728324
Ok I contacted my broker. I'm selling all of it and doomping all of it into pltr, as it's going to moon as well but in a more grounded way and i don't see it dipping majorly for at least the next 2 years. Hell, i'd like to use their services myself!

anyway, i'm out, and a millionaire now LMAO bye! tsuuuuuuuu!

>> No.26729683

>>26728196
Sell right fucking now. If the stock drops to pennies before you get the chance to unload you will literally end up killing yourself. Just take the money.

>> No.26729685

>>26728196
>I'm selling. Or should I?
Look dude, if I was in your position I would sell 25%-33% of it.

>> No.26729724

Sell for your 35k back tomorrow. Wait on the rest til Friday when the hedgies have to pay up.

>> No.26729787

>>26729654
based

>> No.26729828

>>26728196
wait until the contract expires and prepare to lose 30% to the taxman.

>>26728448
>1000000 - 35000 = 965000
>965000 * 0.3 = 289500
>965000 - 289500 = 675500
he'll owe almost $300k in taxes and be left with almost $700k, still tidy though

>> No.26729841

>>26729787
>>26729654
>>26728196
all me btw

>> No.26729850

I would. That's a good profit and you could invest in something that you think has real growth potential with a small portion of the gains or just enjoy the rest of your life and be charitable to the less fortunate who the government fucked over with the lockdowns.

>> No.26729878

>>26729654
retard, have fun

>> No.26729949

>>26728196
Do you want to be a millionaire or a multi-millionaire?

>> No.26730078

>>26729654
I'm not sure if you kids have figured this out yet, but pretty much every thread on here is a not so cleverly disguised advertisement. Can you guess what this one is for?

>> No.26730098

>>26728749
(((They))) are trying every dirty trick, including LYING ON NATIONAL TV saying that Melvin has closed their position and none of it is working. So hold.

>> No.26730120

>>26729483
Lol the retard money has been in all week. The DUMB money from the hordes of normies who are now memeing tendies and rocket ships on facebook feeds are coming tomorrow. This has literally only been a trending story for 2 days. THAT money will sustain this speculation well into next week easily and to think, technically its actually less speculative than bitcoin and just look how far the normies inflated that bubble. We're going to be fucking rich and the deadline is weeks out.

>> No.26730208

>>26729654
>>26729787
Hey shill, this board has IDs you know, so you don't do what you just did.

>> No.26730601

>>26730120
Why does the deadline keep changing? I thought it was Fri. Then Mon. Now it's weeks out.

>> No.26730703

>>26730208
It's honestly pathetic how low these fucks are stooping. Even on WSB they are resorting to creating new accounts to talking about switching to AMC or BB.

>> No.26730850

>>26728387
This. Take out your investment plus some bonus shekels for a new car. HODL the rest for the meme.

>> No.26730925
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26730925

>>26729654
>>26729787

>> No.26730968
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26730968

>>26728196
take out your inititial at least you mongloid; ride everything else.

you want to be a pig?

they've halted trading on gme and amc for a bro of mine, better safe than sorry on this bullshit. at least you have a case for not being labeled a trump nazi taking down the system with how early your entry was.


always
be
closing

i thought that was the mantra? your job is to take profits, who cares how big or small they are...

>> No.26731106
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26731106

>>26729654
>>26729787

>> No.26731525

>>26728196
It's very smart to cash out now. You can do a lot with this money on other, more sensible boomer stocks.

But if you're willing to risk losing it all and the subsequent suicide, keep it. Maybe it will turn into 10 million or something idk the market is a random number generator

>> No.26731678

>>26728743
Or this. Sell 900k, keep 100k in case it grows.

>> No.26731709

>>26731525
shoo, shoo kike shill

>> No.26731785

>>26729654
>Contacted bis broker

Die boomer

>> No.26731812

cash out half buy a nice property paid in full

>> No.26732008

>>26730601
The deadline for melvin is friday, you are not melvin.

>> No.26732308

How close are you to holding it into long term capital gains territory? I'd wait till then if you're close, if already in it, liquidate now. Gamestop is a failing company and nothing is going to change that. Once people start selling this off, it's going to drop. Fast. Most shorts have already covered

>> No.26732383

>>26729850
>and be charitable to the less fortunate
With a million bucks? That's hardly enough money to be giving away to charity.

>> No.26732707

>>26732008
Does Melvin need to cover Friday at open or Friday before close ?

>> No.26732872

>>26729654
Bah, disgusting.

>> No.26732903
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26732903

>>26729654
>>26729787
kek.