This is how this bubble compares to previous ones
- Thread starter Cuddles
- Start date
Bubbles pop and drop and so do squeezes so in that sense yes.
is there money to be made both ways though? I think so but I am still a novice.
One thing that would worry me with gamestop is just how much news there has been about it , this can push stock prices up huge amounts for very little logic , I can remember when blockchain first came about , there was a group of cafes which had a name which was something like blockchain cafe ( can't remember exact detail ) but it had nothing to do with blockchain , they simply sold coffee , but stock price quadrupled or something , though the business had been stuck in doldrums for years before.
I will let you know IMO higher or lower later tonight after i have done some more research. I appreciate the conversation so far,
thank you.
yes it is looking pretty dire for sure...definitely looks like she is headed back on down...good thing i hedged my position with puts early on, they may do quite well in the following weeks.