RE:RE:RE:RE:RE:Time to unloadsilkos wrote: Blackberry, AMC, and Gamestop moves are coordinated plays against shorts. I find it amazing that they were successfull as these moves were against solid investment funds.
Now, I said it before I won't touch these stocks. I have had BB on my list for a while ... it failed to impress. It's a stock that has sporadic ups. AMC, Gamestop are not doing good at all.
I hope you get to get to diversify your portfolio. Getting in for the div is not safe enough. So many companies cut their div during the pandemic, companies no one ever considered would TOUCH the div.
Also, about LONG investments ... How long do you plan to keep the stock in your portfolio? Would it be better to average down and make more $$$? Have a plan, and act upon it.
Unfortunately, there is no such thing as investing anymore. That is why this stuff is happenning. Gamestop was short more shares than the float. How many times have you seen a big house walk down a stock by selling 100 shares hundreds of times a second. These fcuks use high frequency trades HFT based on algos. I think the average holding of a stock is now somewhere around 40 seconds.
Now with the SEC or lack of it and the FED with there low interest policies, dont expect it to get any better. Kudos for those that figured out how to make the hedge funds feel the pain.