Harsh World
Real Fanatic
I invested pretty heavy before the January 2021 run of both GME and AMC, but I thought they had the potential to go higher.
And they did, in June 2021.
However, the greed in me thought they could go higher in a 3rd run.
I probably wouldn't have been here if I listened to my wife and sold in June, having enough profit to buy a second house, have plenty left for a luxury or sports car, and pad my retirement account.
But, here I am, at the end of 2024, still holding.
I'm now down around 70%. My options are the only thing holding me up that high or else I'd be more around an unrealized loss of 90%.
I've lost so much money — that I was willing to lose — that I'm at a point where there's no way I'm selling until I'm at a profit again, or at least breakeven on my options to let the shares ride.
Did anyone else get caught up in the meme frenzy and walk with loaded pockets, lose any selling out of fear, or still in "the play"?
And they did, in June 2021.
However, the greed in me thought they could go higher in a 3rd run.
I probably wouldn't have been here if I listened to my wife and sold in June, having enough profit to buy a second house, have plenty left for a luxury or sports car, and pad my retirement account.
But, here I am, at the end of 2024, still holding.
I'm now down around 70%. My options are the only thing holding me up that high or else I'd be more around an unrealized loss of 90%.
I've lost so much money — that I was willing to lose — that I'm at a point where there's no way I'm selling until I'm at a profit again, or at least breakeven on my options to let the shares ride.
Did anyone else get caught up in the meme frenzy and walk with loaded pockets, lose any selling out of fear, or still in "the play"?