CAREFUL! Why You Should Think Twice Before Buying GameStop Stock

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TWICE!

Destiny is wary of buying GameStop stock despite encouragement from Reddit and WallStreetBets as they wage war against the stock market and hedge funds but is there more to this than meets the eye…?

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20 COMMENTS

Destiny

Destiny sounds very skeptical of this whole thing… Do you think he’s right and that people who buy at $300 are going to lose big if they continue to hold? And do you think other hedge funds are moving behind the scenes and taking advantage of wallstreetbets? Regardless, don’t do stupid things with your money PLS

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xaviersgiantego

It’s a gamble, treat it like that, don’t get too on the hype and forgot about that fact. Don’t be the people who gamble their lifesavings into it.

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Usman Nadeem

Taking a short position theoretically can lead to an infinite loss. Destiny is wrong in framing that hedge funds typically have the capital to close. It’s easily possible that they don’t and I believe that’s exactly what happened to Melvin Capital

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TheAudioInjection

I know nothing about stocks going into this and this guy’s mic that he’s talking to certainly isn’t helping. Jesus

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Adam Burroughs

You shouldn’t be giving stock market advice. I mean no judgement or anything, but you shouldn’t be. For our own good and for your own good.

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ssruss226

tldw destiny doesnt understand the difference between ponzi scheme, pump and dumps, and short squeezes

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TheArabianBabe

Destiny is WRONG! He claims that WSB aren’t financial advisors when they have done nothing but lose people money and that’s all financial advisors do!

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Trouzerz

This conversation didn’t sound like it was going anywhere really. Neither of you have a great idea of what’s going on *exactly*. Not to say that I do either, the most interesting thing will be the fallout and to see IF anything changes after the dust has settled. Will there be lawsuits? Probably. It will be fascinating to see the outcome.

Good video, also Destiny is a girls name.

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