I feel like AMC and GME will be fine overall, but may bleed a little today.
The pump & dumps like BB and BBBY are riskier and have no basis for investing other than them being hype stocks (pump & dumps).
Exited my $BB at 17.25 (bought at 10.00), I'll let this settle out and repurchase.
I've been upping my BB "Stop loss" every day to a safe number. Todays number is $16. If the bubble bursts I still get a good profit, but if it goes to 20+ by the end of the day, I can make the decision to stay in or get out.
I don't expect BB to bubble to even $70 like AMC anytime, but, I'd like to stay in as long as possible just in case, while setting up stop losses incase I did make a bad bet.
Because I am MONKEY. Jokes aside, IDK how to set those up properly and just haven't bothered googling it yet. That is the infinitely smarter idea however... I really should look into it.
Edit: Okay spent like 5 minutes googling to understand it. Don't think it'll matter anyway because BB has been spiraling down since $20 this morning and is about to hit 16, of which, I'm getting out lol.
Yah, if anyones in BB and NOT running a Trailing Stop/Stop order, I'd recommend maybe grabbing your golden parachute and gtfo'ing (Or setting one of those up). But thats just me and it looking like its in a death spiral, and also just not having the same squeeze power as the other two. But take my advice with a grain of salt cause if it balloons to like $50 I dont wanna be at blame here, I'm a monkey not an investment advisor.
Yeah it's a bloody meme market right now. Glad I exited when I did.
good work gentlemen
I finally actually exited plays instead of being stupid and I'm going to do something I said I would do if this ever happens....I'm going to Disney World (seriously).