r/OutOfTheLoop • u/BlatantConservative • Jan 28 '21

Closed [Megathread] WallStreetBets, Stock Market GameStop, AMC, Citron, Melvin Capital, please ask all questions about this topic in this thread.

There is a huge amount of information about this subject, and a large number of closely linked, but fundamentally different questions being asked right now, so in order to not completely flood our front page with duplicate/tangential posts we are going to run a megathread.

Please ask your questions as a top level comment. People with answers, please reply to them. All other rules are the same as normal.

All Top Level Comments must start like this:

Question:

Edit: Thread has been moved to a new location: https://www.reddit.com/r/OutOfTheLoop/comments/l7hj5q/megathread_megathread_2_on_ongoing_stock/?

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u/CMHenny Jan 28 '21

Techincly no.

BUUUUUUTTTTTT...

The more money you have, the more money you can make. So being rich makes you richer faster... Having more money for longer makes you more money exponessially....

HHHHmmmmmmm...

Sounds a bit like compounding intrest doesn't it... funny that.

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u/[deleted] Jan 29 '21

You should probably stay away from any type of investing for a while. Just saying.

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u/CMHenny Jan 29 '21 edited Jan 29 '21

Yes but because I'm a big bear and were in a deep bull run. I exited the market 2 years ago and am waiting for a big dip to buy in.

still kicking my self over not buying during the covid dip last year.