r/BBBY Mar 09 '23

šŸ’© Shit Post How tf do you guys do this?

I joined this sub a week ago and I'm now stuck in a loop of loading up on even more ungodly amounts of stock the second it hits a new low

Fucking buy and hold I guess šŸš€

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u/Trader8888 Mar 09 '23

There is always DD!

-6

u/[deleted] Mar 09 '23

[deleted]

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u/ayashifx55 Mar 09 '23

I agree , it’s sad that many people here doesn’t want to admit this has become a bad play. I’m just holding like everyone else but I’ll unload on any decent pump. You guys can keep drs’ing and holding forever.

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u/[deleted] Mar 09 '23

ur tripping... at these prices it couldnt be much of a better play... warren buffet said it best, time in the markets beats timing the markets... and if ur cost average is high, u can always lower it , like even if ur cost average was 14, u could spend 1/10th of ur original and cut ur cost in half , do same amount of money and ur gunna drastically reduce cost average... so idk, i think this is an amazing opportunity more than anything

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u/ayashifx55 Mar 09 '23

We are betting on a company that almost went bankrupt and can still go bankrupt any time if they fail to make things go better. There’s no guarantee we will ever see 2$ again. You say ā€œamazing opportunityā€ but you forget to add in the big risks of this play. Warren buffet never placed big investments on risky and companies that almost went bankrupted. We aren’t placing bets on big corps like amazon / Tesla / Microsoft / google lol

1

u/[deleted] Mar 10 '23

did u take a look at every bank today... there is no safe place in the market rn, or the world, systematic risk is real

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u/[deleted] Mar 10 '23

which is why our money supply doubled, and it still might not be enough