111 upvotes, 6 direct replies (showing 6)
GME is eventually going to drop back down to reality. The short sellers managed to undervalue it and WSB is now overvaluing it.
$GME will moon but it won't be for long and it's going to come crashing back down in a couple of weeks.
So they will both lose, but WSB will take it as a win because to them at this point it's not about the money, it's about sending a message.
Comment by OwenProGolfer at 27/01/2021 at 02:50 UTC
76 upvotes, 4 direct replies
$GME will moon but it won't be for long
So what you’re saying is that anyone on WSB who pulls out at the right time could make a fuckton of money but most people won’t?
Comment by [deleted] at 27/01/2021 at 05:25 UTC
1 upvotes, 1 direct replies
?$GME will moon but it won't be for long and it's going to come crashing back down in a couple of weeks.
I don't think there's ever a doubt, seems like people are hanging on for the potential short squeeze like it was with VW.
Comment by 72414dreams at 27/01/2021 at 05:50 UTC
1 upvotes, 0 direct replies
Couple of weeks? Don’t bet on the timeline, the market can stay irrational longer than you can remain solvent. Couple years, sure no contest.
Comment by [deleted] at 27/01/2021 at 14:44 UTC
1 upvotes, 0 direct replies
some of these redditors lost thousands to bad stocks. They are gonna be ok.
Comment by 1II1I1I1I1I1I111I1I1 at 27/01/2021 at 19:19 UTC
1 upvotes, 0 direct replies
$GME will moon but it won't be for long and it's going to come crashing back down in a couple of weeks.
Everyone knows this. It just has to be overvalued long enough to force the hedge funds to cover and close their positions. That could be by the end of this week. At that point, the original goal of bankrupting Melvin Capital is achieved.
Comment by ProposalWaste3707 at 27/01/2021 at 20:14 UTC
1 upvotes, 1 direct replies
So they will both lose
Not really. The retail investors who bought into the hype can't afford to lose.
The professionals will have hedged their investments, and they're not even investing their own money. They can afford to lose what they'll lose.