posted ago by TDanonDJTJR2024 ago by TDanonDJTJR2024 +9 / -3

I dumped $1700 into it which is currently worth $1200. All my fucking cash is tied up in this shit

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8thGenPatriot 3 points ago +3 / -0

Patience. GME stated that they "may issue" up to 5 million new shares "from time to time," and the outgoing CEO dumped over 100,000 shares. The thousands of shares released into the market, along with the possibility of more coming down the pipe has diluted the share value slightly.

There's also the usual manipulations, trying to bring it down. We've only seen such a dramatic and sustained dip due to the interaction of these 2 factors.

Your first major dip is rough. I remember when I lost 22% in one day. I nearly paperhanded everything. It's been a crazy 5 months, but this has done wonders for my mental health. I've learned to ride the waves. If I can, you can.