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Here is my unbiased not investment advice for entertainment purposes only thoughts on all of this:
First, DeepFValue:
I think….Too many people followed his advice word-for-word, and copied his moves because he has TENS OF MILLIONS OF DOLLARS AT STAKE. But, what many people forget is that he is playing with HOUSE MONEY…he is ENTIRELY investing with profit, and – in his position – it’s IMPOSSIBLE for him to lose money. There’s a big difference when you’ve been holding since $4, and everything is GRAVY…and when you’re buying in at $300 in hopes that he knows something you don’t.
Do I think he’s RESPONSIBLE for what people do with his information? NO, not at all. BUT, if he hired an attorney, that attorney would tell him to BE QUIET, STOP POSTING ON REDDIT, TAKE PROFIT, comply with all regulations, and move on.
Second, lets talk about WallStreetBets:
It’s no surprise, I’m a fan of the community. I’ve been browsing that subreddit for about 2 years now, I find it highly entertaining, every now and then I’ll come across some VERY well written insights, and overall, I think it’s a beneficial outlet for so many people. HOWEVER, I don’t think WallStreetBets will be held liable for anything they say or do on a public forum.
However, where I see the biggest problem is how many people have bought into GameStop at EXORBITANT prices, for the SOLE purpose of trying to “Stick it to the hedge funds.” At the end of the day, in hindsight…THOSE turned out to be some of the biggest losers, and while hedge funds can often stomach losses like that…as an every day investor, losing 60-80% of your investment in a week could be a SIGNIFICANT blow to your finances.
Third, speculation.
The reality is, in situations like this – even the most educated guesses are wrong, and it’s up to you to decide what you’re willing to trade, and how much you’re prepared to lose. As this event shows us, ANYTHING CAN HAPPEN – and even under PERFECT conditions, short term speculating is a dirty game.
I think it’s important to realize that holding on to a poorly timed investment longer, doesn’t automatically make it a good investment, and you’re going to need to decide – for yourself – where you cut it off. If you’re willing to ride it to the ground, so be it – but if this is money that means a LOT to you, then it’s worth it to be careful. There’s no shame in taking profits and being a well rounded, level headed investor.
And lastly, we need to talk about Media Attention.
Many people would argue that peak media attention coincided with peak prices…and, to me, that’s correct. The price of GameStop only goes up as more people cover it, but – as soon as that attention shifts, as it will with ANYTHING – the price will fall, since there can only be so many people buying in at once.
But, at the end of the day – this whole situation DID expose several issues that need to be addressed, it raised more awareness around investing, the importance of diversification, not investing more than you can lose…AND, no matter what happens, the real winner – STILL – is going to be the COMPANY itself, GameStop, who actually has a MAJOR chance to turn their business around and turn it into something quite profitable.
So, if you want to “stick it to the man” – my best advice is to support the companies that you really believe in, by using and buying their products…and, over time, that will come out ahead.
For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
The only thing the SEC does is create a false sense of security. The incestuous relationship between the SEC and places like Goldman Sachs is mind boggling.
I was a little uncertain when my friend talked about bitcoinsamurai. I guess somehow were so used to things being difficult to come by. Who says good things cant come easily once in a while? Keep up the good work and continue helping us to make more money!
It’s FINra, dude, not FIRna.
why does everyone keep saying that hedge funds lost lots of money, they didn’t it’s been shown that they never sold they’re short positions, therefore they never lost a penny, now that the stock has been crashed, they probably sold at negligable losses if any.
Graham it is FINRA not FIRNA
I’m still holding the line boys!!!!
Firna? What the hell? Lol it’s FINRA
GME not being Entirely halted is sketchy. If WSB is held accountable I look forward to Citron Research being held accountable for releasing a speculative article to tank GME
Am I the only one catching him saying “furna” instead of FINRA? 😕
How about market manipulation from Elon Musk’s twitter account. The man makes everything go up and down from a single post!
Hi TDAMERITRADE DID THE SAME THING NOBODY TALKING about them why my friend?
Gram can you please look at modern millionaires website and let me know if they are a scam or not? Video idea maybe🤷🏼♂️
One reason you know Graham doesn’t handle money is because of the way he holds it, like what the hell XD I love your videos 😂😂😂
Hahah graham it’s “FIN-RA” not fir-na
“Up $44 million” *shows picture that he was up $47 million*
“Before DeepFuckingValue mysteriously stopped posting” *DFV posted that he would stop posting due to investigation*
too sad I didnt listen to your warning with the gme video, somehow thought it was allright too put ‘some’ money in. Looking back was way too much because I got sick to my stomach when it crashed because of buy limitations. When it was up100% next day I trusted everything to be alright again. Listend too the stim of holding on and now -85%… well, expensive lesson
10:50: So, not doing it because I don’t like a company? Excuse me? What’s the reason of shorting, then?
Btw, you speak about investing. You have to realize people very rarely invest, they trade! The average position holding time for a stock on the market is 40 seconds. It’s definitely not investing.
I personally don’t want robin hood to go down, it is great for regular people when getting into investing was much more difficult. I would rather them investigate Citadel and Melvin Capital
i feel like the poeple who invested before the stop should be the one sueing since xou couldn’t do anything but lose money when nobody can buy
Buy doge coin
Furna lol
The usual outcome of such cases. They made a profit of billions and will pay millions.
The day after they banned buying of GameStop they opened trading but they disabled buying of fractional shares so small traders couldn’t spend $50 or so on GameStop instead of buying the full $300 share
Win or you’ll learn
You did an amazing job at explaining it. I live in Indonesia and only invest in Indonesian stock market. As someone who don’t live in the US, I find it hard to understand everybody else trying to explain the situation. But you did it so thoroughly in a way that’s easy to digest, even for someone who doesn’t know what GameStop is.
THE INTRO! ROFL!
OK but so, if I typed “Blockbusters, next?” what would happen?
You would think a millionaire would know that it’s FINRA, not FIRNA. Jesus Christ.
Did anyone else tap on the screen when the error thing came up
Who else is still fuckin holding gme?!
haha my brother had enough GME to make $6-12k at 300-400 per share but his greedy “diamond hands” and delusions about “going to the moon”? made him hold it until he lost money this week haha
He should have listened to me because I told him that i couldnt see it going over 3-400 and after that it was going to end up a 20-50$ stock because of people getting stuck with it. lol
Why you have to talk so fast buddy? Try to use full stops at least. I can barely understand what you are saying.
I think that first man who bought gamestop ang got price +10000% got arrested by FBI at night
Gg Gg
Webull did it too. “other brokerages” aka the one that sponsors you.
It’s a sad sad world we live in when you have to disclaimer yourself out the ass because people can’t accept responsibility for their own actions….. Graham just beat Apple on disclaimers.
what needs to be exposed is all the illegal stuff that took place just because regular investors were making money. It puts the free market under a bad light and this issues needs to be resolved
is WSB and DFV Due Diligence any different from the usual Financial guys making a new price target for a stock and going on CNBC and elsewhere that pumps up interest in a stock?
What’s dad is that the squeeze still hasn’t happened at I’m sure it won’t now that people have lost interest in it. Hedge funds doubled down on the shorts matter of fact
FIN – RA
I bought $GME at $2 6 9
Thumbnail is tremendous
Hold the line!!!
Let’s go to uniswap. Decentralised, end to end trading.
I just remember that day after market closed Elon Musk tweeted out “gamestonk” and the price of GME skyrocketed from $140 to $300+. Crazy how this happened only two or three weeks ago.
Damn did you hear about the person that committed suicide because he was -700,000 crazy … how was he negative 700,000 ?
Before the whole GameStop thing happened I was the only one out of my 5 roommates that had any money in stock. Now all but 2 are invested in something.
Is there a app that I can start trading as newbie ?
Grahman,Can yoh even spell speculektiv?
scam
UPDATE:
SEC IS LOOKING INTO THESE COMMENTS (:
This sounds too much like the Pork Bellies bubble and crash nearly 100 years ago. My G-grandfather lost his butt on that hysteria bubble. And way too much like the the stock market crash before the great depression. Those who refuse to learn from history (or rewrite it) are doomed to make the same mistakes. Coming Soon “Great Depression 2.0” coming to a main street near you.
FINRA. IT’S FINRA
Legend devil 👹
@Bickel Reed Go away Imposter
yup goooon job
WSB don’t care if they lose in fact they are proud of it.
What you think about the danger of Chinese stocks to be delisted on the US stock market?
The way he explains is so good. I don’t do any investments and yet I watch all his videos 😀
Radiko holdings (RDKO) to the moon!!!!!!!!!!!
I sent you an article related to another suit involving Robin Hood via messenger. What do you think about it?
So if you took your 1st stimulus check and bought $1200 of gme on April 13th you would have 253.16 GME
which today (Feb 10th, @$50) would still get you $12,658.
If you sold it at its high @483 you would have made $122,276
and most likely if you sold it at the meme @420 you would have $106,327
… and if you have diamond hands and sell @1000 you’ll have 253,160 tendies.
Graham loves to say youtube algorithm hahahaha smh
For cry-pto broker text Mr David Francis
“IF He DISSAPPEARS I DiSSA…. **boop**”
Will message you bro. Love ya videos my man.. Let’s make it big! I got a business proposal for you that you can’t refuse, hehe…
Cashmere sweater ?
@Graham Stephen most deff… if you ca kn spread some more insight on the future of dogecoin since elon tricked us and dumped into Bitcoin….
Did y’all even read Robinhood’s TOS agreement? You agreed that you cannot sue Robinhood. You agreed that Robinhood can restrict or limit trading due to market volatility. Literally. Most likely the courts will throw the cases out.
Hahahaha!!!! You didn’t sue anyone sellout. You’re such a sellout to the devil/33/We
Covid – 19 = Hoax
We/33/The Devil is real
I’ve got a share left, let’s go 420.69!
I come from the future and I just want to tell you that Gamestop won the corporate wars.
Screw you Vlad!
What’s Graham guys, it’s Up here
So is robinhood still i guess safe/good to use for someone who’s just starting out?
Now if DFV were to sell wouldn’t we see it on level 2 data?
“I have no respect for the SEC” – Elon Musk
You tricked me
“You can save 50% or more” by switching to policy genius. Not Gieco??? Not 15%???
This guy should start a YouTube channel
he is one of the most grounded, balanced and objective persons…on YT
Been following Michael Burry since Dec 2019. He had Gme stock at 5.40 back then. I wonder how much profit he took.
I totally understand the anger toward Robinhood. However, the reality is that it likely saved a lot of people a ton of money. A massive majority of the people who jumped in on the GameStop chaos had no idea what they were doing. They are likely the same ones who bought in when GME was at $100+ and had no exit strategy. It climbed to $300+ and they were busy Tweeting about “to the moon” when they should have clicked “sell.” Now, they are sitting with a bunch of stocks that caused them to lose at least half of the money they put into it. Not saying it was right, but it probably saved them from themselves.
Nice pack of $2 bills
1:10 That guy looks like “knowledge” meme guy gone to get some knowledge about all this
The real question is if G.S. owns GME with 💎 hands.
Man… that title and thumbnail ☺️
I disagree about not investing to sticking it to someone, as long as you are not hindering yourself in a major way. If you’ve got $200 extra out of a bank account in the tens of thousands, then I say go for it.
I swear you make funny ass thumbnails
I like the intro pic 🙂
Your hair is a little limp. You doing alright? Lol
In the 90s I traded soybean options on the floor of the Chicago Mercantile exchange. There was an Italian company call furgose (spelled incorrectly) It had a large percentage of the open interest in the squash. A few American firms were on the other side of Italian companies long position. If the trade would’ve played out in a fair way. A few American companies within greatly hurt they went to US regulators and convince them to make the Italian company liquidators position. Which caused the Italian company to fail.Kind of another play on a similar outcome.
Graham warned us… I thought I was right and didnt listen to Graham. Turns out everyone got screwed over and Graham ended up being correct. I lost so much lol…. Moral of the story is to listen to Graham. Graham is always right. Always. I hate this game
Does anyone know the name of that ad song @ 5:32?
Poor Graham. How come you didn’t get an interview with Vlad like Kevin and Andrei? too much of a clown?
No don’t sell, buy GME and become diamond hands 💎💎💎💎 🚀🚀🚀🚀!!!! HOLD THE LINE 🚀 🚀🚀
Speculation? You mean like bitcoin? lol…
Just a heads up its Fin Ra. Not Fern Ra
That’s amazing
Liking the video doesnt actually help the algorithm
Yes it does
GameStop sucks, you ever go in that place, lol
So what the best app to use now for investing?
Graham review Tiger trade please
Thanks for being level-headed with the whole situation. People kept blaming Robinhood even though other companies were also limiting buying of the stock in question.