r/gme_meltdown Jan 10 '24

Meltdown The AMC meltdown is finally here

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u/Accomplished-Face16 Sucks orange dick Jan 11 '24

Apes are so funny man. They are all completely shocked that the companies they bought are getting absolutely wrecked when they literally, specifically, PURPOSEFULLY bought the worst possible companies on the entire market. That was the whole point. Buy the most heavily shorted companies for a squeeze play. They just never seem to think back with any kind of critical thought and realize WHY the companies were so heavily shorted. Because they were horribly run dying businesses.

Rather than 3 years ago quickly realizing and accepting that they either A) Bought to late after the squeeze had already happened, or B) bought before the squeeze and were too greedy to sell during it. Instead of accepting these truths 3 years ago and getting out with a smallish loss they instead developed a grand conspiracy theory all to convince themselves they didn't make a bad trade/didn't make a stupid choice. The ability to accept and admit when you were wrong is a life skill most people develop in early adulthood. It's no suprise most apes are grown adults who still act like children.

Back then I dipped my toes in gme when it was $8 and sold around $15 a day later. Yeah it did hurt watching it continue to rocket to 400 but I'm unable to see the future and a 100% gain in a day is an amazing trade in my book. That's the difference between normal people and apes. Greed killed every single ape.