Well I see its of to a good start, imagine that!? Lets hope that doesn’t keep up in the same direction!!
Two ways to look at it. If this is the start of a correction then that could present a buying opportunity, but right now it's just noise.
Guess I can consider seff lucky...Have closed privately owned stock that has not been messed with as of yet...Getting a re-val (E-val) as on Mon and should know if can add more $ to the 401..... Most would love to get their hands on this privately owned cash cow...
I'm not interested in the stock market..Too easy to lose yer azz. I knew a guy that retired from a high-paying engineering job, and had an awesome pension. He could have lived out the rest of his life quite comfortably, and never had to strike a lick at any kind of work again. But he started playing the market, and when one of the crashes came he lost it all! In his 70's, and had to go back to work to make ends meet. Some folks seem to thrive on playing the market, and are good at it. But I personally just don't need the stress, or an ulcer..
Nah......Just enjoy more “Pizza” and wait a few more years to retire.... Than enjoy more “Pizza” and collect the 401k...
I would say that any kind of processed foods would be a good investment nowadays, along with stock in fast food restaurants. Of course investors are going to be helping to keep the obesity and health problems that's plaguing the country rolling..But they're making big $$, so who cares? I remember back when gas had gone up to nearly $5.00 a gallon or more, and stock market speculation was a major contributor of that mess. I was in the gym one day listening to two guys who were slapping each other on the back about all the $$ they were making with their oil stocks. They didn't like it much at all when I pointed out to them that there was a lot of people having to go without food in order to afford gas to get to work. The truth can be SO annoying sometimes..
it has been a crazy week, and I think this whole short-squeeze is not over. Many of the people who own GME are in it to stick to the short-selling hedge funds, not necessarily to make instant profit. Right now GME is $325 and it will DEFINITELY go higher on monday. But there are other stocks to look at that were being shorted that the people were going crazy over (I'm invested in some). You gotta kind of get lucky to get in on-the-cheap because it's very hard to foresee these things. I'm looking forward to monday morning. I have a 401k, and Roth IRA, but I also have 'play money' accounts that I'm kinda reckless with, but it's fun.....somewhere between long-term investing and sports gambling. Once GME tanks, and it will, I might buy up shares just because...see what happens, it'll be low risk at that point. I would never short any stock though, my volume isn't high enough to make a difference and the unlimited risk turns me off to it.
