Current Events > Half of GameStop stock buyers were first-time traders

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Damn_Underscore
02/09/21 12:38:12 PM
#1:


https://www.foxbusiness.com/markets/half-gamestop-stock-buyers-first-time-traders-cardify.amp

Cardify CEO Derrick Fung told FOX Business' Varney and Co. that company data revealed 50% of GameStop stock buyers were first-time investors.

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tremain07
02/09/21 12:38:37 PM
#2:


No shit , they heard "GET RICH QUICK AND HERE'S HOW" and ran in

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fan357
02/09/21 1:01:35 PM
#3:


One weird trick to get rich quick!

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Ushiromiya
02/09/21 1:03:07 PM
#4:


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CommunismFTW
02/09/21 1:45:06 PM
#5:


Imagine being that guy that bought at $40 and sold at $320 while ignoring all the dumbass hype-and-hold talk from reddit and making an assload of money

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Since only from below can one better see the heights.
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Lost_All_Senses
02/09/21 1:47:32 PM
#6:


CommunismFTW posted...
Imagine being that guy that bought at $40 and sold at $320 while ignoring all the dumbass hype-and-hold talk from reddit and making an assload of money

Don't you need toconvince others to hold so you can sell for the most profits?

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CommunismFTW
02/09/21 1:50:43 PM
#7:


Lost_All_Senses posted...
Don't you need toconvince others to hold so you can sell for the most profits?

Yes but in the first week or so of the GME hype the internet did it for those guys. The disillusionment was all the rallying after the robinhood fiasco like the little guy still had a chance anymore. That was the death blow.

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Since only from below can one better see the heights.
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Sackgurl
02/09/21 2:44:57 PM
#8:


CommunismFTW posted...
Imagine being that guy that bought at $40 and sold at $320 while ignoring all the dumbass hype-and-hold talk from reddit and making an assload of money

most of the people doing that were writing the hype and hold talk

because that's how pump-and-dump literally works, it's how penny stocks have been used to screw idiots for 50 years

CommunismFTW posted...
the internet did it for those guys

ask yourself, honestly, if you really believe the people profiteering on this would dare to preach something they were not practicing

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