With $GameStop(GME)$ , it seems like a bagholder's nightmare. The stock's volatile history and uncertain future prospects make it a risky investment. Unless there's a significant turnaround in the company's operations and the overall gaming industry, it's hard to see GME recovering anytime soon.I own a put option that expires in May. I have no idea what happens after earnings on Tuesday, no one does but the chart is definitely bearish presently. I do find that the people actually think owning gamestop is investing. This is still pure speculation. I think it goes lower before it has a chance to go higher.
A Bagholder Forever? Which Stock May Never Recover?
Which of your stocks may never recover? Let's talk about your longest-lasting "losing-friend". For example, those bought First Republic Bank and Silicon Valley Bank during the bank run; Or those who participated in the 2021 short squeeze battle by buying GME or AMC; (GME is about to release earnings this week) Or perhaps those who bought Vinfast at its peak last year? ---------------- Which stock is your longest losing friend? Share your bagholder experience together? What lessons do you get from these stocks?
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