• Imgonnatrythis@sh.itjust.works
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    11 months ago

    Goodness I hope the gamestop nerds find a way to absolutely destroy this. If there is any chance of a scheme working, I will invest.

    • CosmicTurtle@lemmy.world
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      11 months ago

      Time to buy shorts. Or puts. Or kangaroos. Whatever.

      I don’t know a fucking thing about stonks.

      • ColeSloth@discuss.tchncs.de
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        11 months ago

        It will launch, spike up a little that day, then drop pretty hard for a month or so, getting down to about 60% of its launch price, before slowly gaining back up to around 80% of its launch price after several months.

        • drphungky@lemmy.world
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          11 months ago

          Also, my prediction is that big puts will be selling for way higher than their likelihood, because so many retail investors want to to fail. So even though the stock will go down, tons of people will lose money betting that.

          • ColeSloth@discuss.tchncs.de
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            11 months ago

            For sure. Calls and puts both will go overpriced. Be a lot of “enthusiasts” buying options for funsies thinking they’ll totally be right.