I haven't been writing much about GME for some time now because I was in a dark place and needed to take a break to clear my head.
I spent a majority of my time getting refocused on work, family and learning to trade in my spare time.
Now it’s about time I explain how I started my fixation on the stock markets and GME some 10 months ago (Jan 27th to be exact).
Elon's tweet was really what caught my attention, but it was the fact that Gamers were being attacked in the media for causing a market calamity that upset me the most.
I was offended. I'm a lifetime gamer ever since I turned on an Atari for the first time. I'm an OG Twitch lurker (before it was twitch, aka justin.tv). Playing games was my life.
What's really sad is I gave up video games to join the biggest game on the planet. The Stock Market!
It was quants (quantitative market analysts), MSM, and investors whining about gamers invading the stock market over covid that solidified my love for the game.
It wasn't until I got burned by VIAC and Archegos Shenanigans that made me realize everyone treats it, even the banks, government and main stream media, exactly like a Game.
After losing a gross amount of money on VIAC, and everyone telling me to suck it up kid, it made me realize the rules were the same as games.
There is always a Winner and there is always a Loser.
People on reddits wallstreetbets didn’t like my opinion very much because I saw through the DFV and citadel narrative the first weekend after Jan27th.
Without any prior knowledge of markets or GME I was able to dig past the noise and find real truths that nobody wanted to listen to. I still don’t like talking about what I found that weekend, and likely won’t try to anymore.
The more I dug that weekend, the more I realized it was all just a larger game taking place and gamers were the target.
Banks wanted all the stimulus money in the markets and knew the only way was through Crypto and Gamification of the stock market.
Truckloads of money were being invested into companies like Robinhood prior to Covid and Gamestop.
Robinhood was making crypto and stocks a gamer's dream, and they all knew it before GME.
The problem was that we gamers were being led to the slaughter where titans like hedge funds Archegos reign supreme.
What I don’t think they anticipated was how the best gamers are lifetime gamers. We never quit the game until we win. I don’t think they understood the gamers they were openly invited into the game are the people that made their lives so easy.
The coders, the accountants, the garbage men, the chefs, the waiters, the dishwashers, the delivery guys were all lifetime gamers. We would do our mundane jobs every day and live out boring lives until we got our chance to be titans in our dark rooms and basements with only a monitor to light our faces up.
You thought we were fat slobs that never left our mom's basement and screamed “MAaaam, More Hawt Packeets”. When in fact we are the core economic resource that made the wheels spin.
We thrived in our video games, we could be who we wanted to be and do what we wanted. Play the games we wanted and win the way we wanted. We were in control of our games. In control of our lives.
Now that we are here and markets have all our stimulus money, they want us to quit. Guess what. #NotLeaving.
10 months later, we’re still here. We’re like roaches, you can do everything to try and get rid of us. You may get some of us, but you’ll never get rid of us all.
You enticed everyone to load up on more bad debt and margin to collapse the world economy 4x over and now you don’t know what the hell to do with us.
I’ll give you the secret. Don’t try to force us out. Help us manage our lives and the game because those of us that want to be here are not leaving and continue to level up every day.
There are so many seasoned investors to learn from here on trading view, Reddit, Fintwit and discord rooms you can’t silence them all.
You can pile on rules and regulations but you fail to grasp that we are here to win. Rules are meant for games, the real gamers will play by the rules and win by the rules because of our ability to adapt to rules that are constantly being changed to slow or stifle our progress.
You are our opponents in the game. Expect to lose some because we are sure as hell are learning to win the longer we play the game.
Game On!
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Funny how GME is dropping recently.
It's finally coming into our price range.
They are finally giving the Gamers the rest of the float.
@hollyw00d_, lol. I wouldn't recommend doing that, but what other company in the history of the stock market has had such a loyal shareholder base. I think GME can still come down a little, but at 100-150 you will see a lot more gamers piling in. I personally plan on buying regularly in this range.
@SPYvsGME what leverage would you say feels safe anywhere from 25x to 200x
SPYvsGME
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@hollyw00d_, honestly, none. I don't really trust the MOASS theory, while possible they have not covered yet, there is equal chance they did. I'm just accumulating for a fund for my son. There are not many companies out there I trust other than GME or TSLA that are doing biz for the greater good.
hollyw00d_
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@SPYvsGME Im a bit behind you on that but I do believe LRC and GME will have some tech or infrastructure that will be for the greater good. I'm more bullish than anything else and I think the MOASS theory has some credibility. There's alot of 2022 Jan options expiring soon. I scalped alot off the last pump.
SPYvsGME
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@hollyw00d_, awesome. I for one can't wait for the 1yr anniversary and what they are building. I would have applied to GME if I didn't have a family biz that depended on me.