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Bullboard - Stock Discussion Forum GameStop Corp GME

GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across... see more

NYSE:GME - Post Discussion

GameStop Corp > Sorry GME Reddit gamblers
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Post by pissed_investor on Feb 04, 2021 3:09pm

Sorry GME Reddit gamblers

It really is impossible to have sympathy for retail 'investors' who got swept up in this predictably suicidal effort. It was doomed from the start. You have noone to blame but yourselves.
Comment by Shamrock58 on Feb 04, 2021 5:14pm
First off  I am not a "reddit trader" but I did follow what went on. While the wild speculation that enticed a lot of retail buyers that would not have played the stock market was partly to blame for the huge losses they have,  you missed in your rant that they got screwed out of thousands by security laws being broken by Robin Hood. The "blame does not fall entirely on ...more  
Comment by Stratocheif on Feb 04, 2021 6:12pm
Robinhood is a member of the Securities Investor Protection Corp. Haha. Hahaha. So happy to see they work hard to protect the interests of their investors. The regulators should ban high frequency trading and charge all involved with fraud. Id really like to see that. A return to some level of sanity in the markets
Comment by caretired1 on Feb 04, 2021 6:31pm
I am very, very tired of this perspective that I have watched and listened to over the past several weeks.  I am a Redditer and am 59 years old, retired with a 10 figure net worth.  The story that has only very lightly been touched on by Kathryn Murray on BNN is the hedge funds and their market making buddies sold short and sold naked short(which is not allowed) Gamestop shares to a ...more  
Comment by Weedmd11 on Feb 04, 2021 6:36pm
Who is stuck with this bag wow
Comment by pointer on Feb 04, 2021 10:50pm
This post has been removed in accordance with Community Policy
Comment by caretired1 on Feb 05, 2021 6:19pm
I was not one of them.  I did trade over 150 times though as this was a TRADE and not and investment 
Comment by Capharnaum on Feb 04, 2021 9:42pm
Robinhood prevented users from buying (not selling), so in theory they reduced their loss as buying GME above $15 is pure speculation. The stock is at $50... anyone that would have bought when it was $300 and restricted would have lost 80% of their money. No retail buyer should have ever touched this stock once it was over $15-20, from there it was pure trading... Pure trading means that in the ...more  
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