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Thread: Gamestop Stock

  1. #1
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    Craziness in the market. My son took a $1000 and parleyed it into $14,000 in basically one day. Got out put 13K into solid stocks and back at it today with his $1000.
    The wilderness is not a stadium where I satisfy my ambition to achieve, it is the cathedral where I worship.

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    Congrats to him...sharp young man.

    Crazy how stocks work and how they can be so volatile. I hear that action costs the Hedge Fund market a few $Billion..

  4. #3
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    Quote Originally Posted by Species8472 View Post
    Craziness in the market. My son took a $1000 and parleyed it into $14,000 in basically one day. Got out put 13K into solid stocks and back at it today with his $1000.
    You only make it if you get it back out........did he sell?

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    Admittedly, I know very little about how the market works, but I was watching something on Fox last night that said they shut down trading on the Gamestop shares? Lots of folks a bit PO'd about it?

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    Quote Originally Posted by 410001661 View Post
    You only make it if you get it back out........did he sell?
    Yes. Sold for 14k. Put 13 of that away and took 1k to go back at it.
    The wilderness is not a stadium where I satisfy my ambition to achieve, it is the cathedral where I worship.

  7. #6
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    Quote Originally Posted by Species8472 View Post
    Yes. Sold for 14k. Put 13 of that away and took 1k to go back at it.
    Good move, and congrats to him. But, proceed with caution. I bought shopify two years ago at $1.32 now it is about $1200. Those are fun to talk about. Remember Nortel? Bitcoin and Tesla have some great stories too, but just remember there are lots of “nortels” out there too.

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    Quote Originally Posted by Species8472 View Post
    Yes. Sold for 14k. Put 13 of that away and took 1k to go back at it.
    I need him to give me some investing strategies..... I am jealous...
    Good for him
    "Everything is easy when you know how"
    "Meat is not grown in stores"

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    If you think your know what your doing, go big. Use leverage play with big boys and buy or short some options. At worst your out your permium, at best you hit a grand slam.

    https://www.msn.com/en-us/money/tops...ns/ar-BB1dc2mA

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    been folowing this. ive wanted to put in money for a while now but for some reason these apps dont work with RBC. the next ones to be looking at are NOKIA , BLACK BERRY, VIRGIN GALACTIC, AMC to name a few.

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    Quote Originally Posted by Bowjob View Post
    been folowing this. ive wanted to put in money for a while now but for some reason these apps dont work with RBC. the next ones to be looking at are NOKIA , BLACK BERRY, VIRGIN GALACTIC, AMC to name a few.
    Back a bit my son made a bunch off BlackBerry doing the same thing.
    The wilderness is not a stadium where I satisfy my ambition to achieve, it is the cathedral where I worship.

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