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'To the moon' or to a lawyer, GameStop investors cope with stock's rollercoaster Reuters 2/5/2021 NEW YORK, Feb 5 (Reuters) - Eric Diaz, an operations manager in Tampa, Florida, remains committed to his GameStop shares even after their steep retreat from highs they hit last week. "It got personal," he said. Like many other people, Diaz first invested $3,000 after reading about the video game retailer's stock on the popular Reddit forum WallStreetBets. The so-called "Reddit rally" to squeeze shortsellers rocketed GameStop Corp shares from below $18 a share in early January to as high as $483...

COMMENT: Hi Marty, you are right with the Reddit crowd and their non-wisdom concerning trading, check this Headline: „Reddit Trader DeepFuc*ingValue Loses $19 Million In Two Days As He Holds On To Gamestop Stock“ Keith Patrick Gill, CFA, a title which the 34-year-old used while working in marketing for Mass Mutual, which he joined in 2019. The title then became worthless to Gill after he recently quit the life insurer to focus on just one thing: trading and spreading the gospel about Gamestop stock out of a basement of the home he rents in Wilmington, Mass… and boy was he successful.

COMMENT: Hi Marty, you are right with the Reddit crowd and their non-wisdom concerning trading, check this Headline: „Reddit Trader DeepFuc*ingValue Loses $19 Million In Two Days As He Holds On To Gamestop Stock“ Keith Patrick Gill, CFA, a title which the 34-year-old used while working in marketing for Mass Mutual, which he joined in 2019. The title then became worthless to Gill after he recently quit the life insurer to focus on just one thing: trading and spreading the gospel about Gamestop stock out of a basement of the home he rents in Wilmington, Mass… and boy was he successful.

Users of the message board Reddit's WallStreetBets forum are clinging to desperate hopes of a rebound in GameStop shares, after the stock plunged this week and many small traders lost thousands of dollars.  Shares of GameStop, which soared 1,800 percent in January in a speculative bubble fueled by small investors, fell nearly 84 percent in the first four days of this month as the frenzy faded.   'I am not f***ing selling,' read one post on WallStreetBets on Friday, when the forum users urged each other to hold on to the battered stock and predicted an imminent bounce.  The stock did rally...

By Syndicated Content By Krystal Hu NEW YORK (Reuters) - Eric Diaz, an operations manager in Tampa, Florida, remains committed to his GameStop shares even after their steep retreat from highs they hit last week. "It got personal," he said. Like many other people, Diaz first invested $3,000 after reading about the video game retailer's stock on the popular Reddit forum WallStreetBets. The so-called "Reddit rally" to squeeze shortsellers rocketed GameStop Corp shares from below $18 a share in early January to as high as $483 last week. Diaz sold some to take profits of $1,500 and ho...