The Great Unwind

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So, let’s do a little Contrarianism 101, shall we: if you invested $53,000 into something super-high-risk………..and it goes to $50 million…………and then, in the span of a week, you go from a relative unknown to a person who is literally on the front page of the New York Times business section and whom Saturday Night Live is featuring in parodies………….you should have already gotten out.

Anyway, /deepfuckingvalue is going to be just fine, I’m sure, but I seriously doubt the cultish hoard aping his behavior (about a year too late) is going to make out quite the same………..

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Because what we’re dealing with here is a company that is actually worth just a few dollars a share, and in spite of all the hype and insanity, I am confident it is going to keep hacking, chopping, and slapping its way back down to reality, wiping out fresh-faced “traders” the entire way.

gmedddd

The real geniuses in this whole thing is whoever was selling premium last week. It doesn’t matter if they were bullish or bearish – – didn’t matter one iota – – but the premiums were so ungodly fat, there was practically no way to lose. Because, Diamond Hands or not, GME ain’t going to $1,000.