I see so many people convinced that the share price will go to $10k per share... but I just really don't see it happening. I can see a short term high spike to maybe hit $1k, but yeah, I'm no pro at all in this, but it's not like there's infinite money in the system... something has to break/limit at some point. Needless to say, I've put a buy limit order in at $280, so if it dips a bit in the morning, like it normally does, I should be able to grab a handful and then ride the spike. Probably will drop out at $600 or so, if it goes that way. I still can't help but think that a lot of these "diamond hand" autists are going to lose it all and wonder what happened.
Why the fuck are you making your hat out of tin? We're mooning silver right now! Silverfoil-hats for all!
Regardless of what ultimately happens to GME, it’s pretty remarkable that the whole thing has completely change the course for AMC. The stock increase exceeded the convertible bond price for a private equity firm, and they took immediate advantage of it. AMC was able to raise hundreds of millions of dollars when they were on the verge of bankruptcy.
Oh my. It appears people are buying silver in huge amounts. I wish I'd thought of buying a few days earlier when it was available.
I went to buy some more from the place I found 10 oz bars earlier and they're down for "Maintenance." So I did the next best thing...I went over to e-bay and bought a bunch of Walking Liberty half dollars.
https://deadline.com/2021/01/mgm-ben-mezrichs-the-antisocial-network-wall-street-1234684378/ Ready for the Movie?
Silver just broke $30. If you can find it, expect to pay $8-12 premium per ounce, I had a couple of buys that ended up right at $40 oz. Oh well, it's only money.
Would you like one of my 2 shares? In other news, Elon Musk just called Vlad, the co-founder/CEO of Robin Hood, Vlad The Stock Impaler to his face on a podcast. lol https://youtu.be/Cba53J1jyPM?t=6243 Go to 1:44:03
I bought physical silver. From what I've read the paper silver has been oversold without the actual silver to back it. I may be completely wrong, it's certainly happened before with investments I know absolutely nothing about, but I only bought a few pounds, so at worst I'll only be out a few hundred.