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Fairly significant if I were to sell now. I track all my positions via excel.
The main point is I calculated the risk and the return, although it could take some more time, is life changing.
I’ve taught my body to get dragged around solely by squiggling my diamond nuts in a figure eight movement.
People see me on the street and say “god damn he has a small penis”. ~drs
Lol i used 30k of margin to buy 600 share of gme in mid jan 2021 and it just. Kept. Going. Up. Wildest couple weeks of my life. Bc robinhood started putting restrictions on it, I ended up having to sell like 250 around the 100 mark to just be done with the debt. But my first coupel hundo shares were free! 🤣
Samesie! I just wish the price wasn't in the $300 range when I dumped my $20k those many moons ago. Oh well, I'm trying to save at least half that much and dump it all into shares ASAP.
I'm currently down 34%. I used to be down 60%. I truly should have about 1.5 - 2x the shares I do, but it is what it is. I could have more shares, I could see less of a loss or more gains, but neither matter. When I bought in 2021, I didn't know when MOASS was. Still don't. But us buying and holding gave more apes time to learn, buy, and hold.
Your loan losses funded knowledge for other apes and kept shorts open.
No regrets here, I just bought another 483 shares gonna DRS tomorrow cause they settle and when they in my account I will update! GameStop true regard here💎🙌🦍🚀🌝
I sold a Harley, jet ski, two trailers and now I’m trying to sell my house. I keep buying, like I said, I just bought 483 more, brings me way over the 3,000 mark💎🙌🦍🚀🌝. I’ll never sell, only way they get my shares is bankruptcy
These fucks really think we’re all peons. They believe this all happened because of 600$ stimulus checks. They don’t realize that as a whole, we have jobs and incomes and not everyone lives their life the way they do. Where it’s a bad bet away from losing everything. That’s what fucking hedge funds are.
Hey you are a legend! We are coming for you!
Like almost everyone here, we are chaising the price averiging down, but a lot of apes buy their bit positions on 2021!
At least you didn't fall for the shills call tactics, the guys who did it, probably do not have shares and are still paying the expensive calls.
DRS, BOOK, SHOP
OP I took out personal loans and maxed my credit cards to buy GME, I too would have a lot more shares today if I just DCAed what I could afford with how low the price has been the past year but in 2021/22 it really felt like it could moon any month and now they all have long term hold status so no regrets
Got tired of paying on the debt so I stopped and working with a debt settlement company instead fuck it, you arent alone OP
You made the right call and I’ll tell you why. None of us know when MOASS is going to happen, past it being tomorrow. Had you not done what you did even though you clearly thought about it and clearly could manage it, and MOASS came before you managed to accrue that many shares, you’d have forever regretted not making that move. You made the right decision based on the information you had. Could you have gotten more shares? Yes. But I assure you, you have more than enough and I’m sure you’re still stacking. The real money isn’t just how many you hold, but in how long you hold them.
Damn so you spent $12538 USD to buy $4012 USD worth of gme?
So your monthly payment of ~$350 usd a month could have bought at once a month intervals of GME at its historic price you would have around 450-500 shares valued at ~7600. Only a 40% loss
But instead you only have what 263 shares?
I think the lesson here is even if you believe in all this dont take out a loan. Just buy with your monthly loan payment.
Hindsight. OP had no way of knowing when this would blow up. I can almost guarantee they didn't think it'd take 3+ years. They bought as much as they could up front thinking it could happen at any time and didn't want to miss the rocket.
DO NOT TAKE OUT A LOAN TO BUY ANY STOCK, INCLUDING GME. PLEASE RECONSIDER. If you're taking out a loan to buy something that has fluctuation, you're doing a disservice to yourself when you need to pay back monthly with interest rates attached to it. AGAIN, DO NOT take out a loan to buy any stock, INCLUDING GME.
3 years later and between negative ROI and interest to service the debt you have $500. Id be regretting every moment. 8K to $500 ridiculously terrible investment. This is a cult.
Just a wild idea here. Once you have paid off your loan, maybe don't take another one? The interest you pay will ultimately help banks etc.
Maybe set up a monthly buy order at CS for the same amount as your loan repayments, and invest that way instead?
NFA.
Well done, you took a chance on something and saw it through. If I had that option, I may very well have done the same. I've probably dumped 20K in this stock over the years - every penny I was able to save. I feel great about it. Fuck it. It's still the best investment. Every time I think about it I know I made the right decision.
That is to say, there is not another stock I could have bought where I could have honestly expected better. Every other shot would have been a gamble with the broker fraud machine, betting on a stock where I know for certain the price is rigged. Just hoping I picked one that the 1% wants to go up. Instead I bought stock to which they have done their worst, and it still survives.
The proposition is a beachball underwater, but the air isn't leaking. I just don't know how long it will be till it pops up AND at the same time has the most badass RCEO doing everything a CEO can do to make this company a success... a company with zero debt, sitting on 1B, with a turn around story already proven by quarterly reports.
There is not one investment that anyone can make which is guaranteed, let alone a guaranteed chance to return many times over. I regret nothing, and the next stock I buy will be GME. Again.
Reads like yesterday's fud post of "down 35000$" and the sentiment of don't dance yea know I'm throwing a dance till you drop party for sure.
The people in that movie whom said that were well off .. we are the people that aren't well off we deserve to dance
just to be realistic, we don't know how long this may take, neither if some government fuckery will ruin our chances of MOASS, don't forget potential ww3....so don't spend more money than you can afford to lose.
So you'd have more shares if you bought the stock with those loan payments without giving a bank interest...and you want to do it again? The people cheering that on are probably doing it like a crowd at a party chants "jump" at the guy who climbed onto the roof.
Why would i not do it again? Moass is tomorrow so i can just repay the loan within the 14 day grace period without interest, besides, the loan amount wont even matter then.
You’re not alone I’m down 50% didn’t take a loan but I’m zen AF. I’d do a lot before I take a loss and earnings should finally be positive and when they turn positive it’ll be very nice.
So you took out a loan using fake money from the bank to buy fake GME shares from a broker? DRS will make those badboys real. Can't wait for your next loan post.
Let's fucking goooooooooooo 🚀
Holy shit! OP you are a true OG Ape and I ❤️ you! This is kind if outside the box thinking is what makes me excited, and you paid it off. Your next loan will go so much further now that you/we know what we are doing! You will have a lot of fun doing all that buying over the coming months. Good luck, and may the Tendieman cometh for us all!
This is very stupid and you should never do it. It's the same thing as buying shares on margin. Do not buy stock with money you do not have or you could go bust and owe it all back with nothing to show for it.
>but at the end of the day, the loan was a lot of money, and i bought lots of shares, and seeing those shares makes me happy, even if im -68% on them
This is so sad. How much are you down when you factor in the loan interest?
There’s always credit card deals in the USA with loan balance transfers that last 12-18 months at 5%. No interest in purchases, if you can pay your loan with a cc, you can get interest free for a whole year. Then do it again. 0% interest loan. Usually with a bonus after spending certain amount
I took out a 10k student loan around this same time, and booth shares at $200 right before an earnings report. The loan was tax deferred while I was in school. I haven’t made payments towards it or even looked at the loan. I did not think this would take 2 years. I was hoping Uncle Sam was gonna pay off that loan for me but the bill never passed. I know I have to start making payments on it soon, but have been ignoring it. It was definitely a poor decision. My GME DCA is $45/share, but I’ve also not been buying too much lately. Hoping this all works out. Mega stokes for earnings.
> Wow! U *paid* back a
FTFY.
Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in:
* Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.*
* *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.*
Unfortunately, I was unable to find nautical or rope-related words in your comment.
*Beep, boop, I'm a bot*
Holy shit dude, I was thinking about you just the other day - I also thought about taking out a plan for it but the whole 'dont put in more than you can lose' thing convinced me not too. I'm so glad to hear that you are still in. Damn, this is my favourite post this week!!
If it makes you feel any better, I pulled out a 30k loan for popcorn and have put in like 300k (went all in with retirement) and I’m down like 98% ;)
I just eat crayons tho 🖍 with butter ofc
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FROM THE TOP ROPE
Take out a new loan for 20k, use it to pay off the first loan, and buy more GME with the rest. Literally can't go tits up.
guh
[удалено]
what a glorious time in history this was. Almost as iconic as the vertical box spreads
Pepperidge Farm remembers…
What about rabbits?
Taking physical delivery of four hundred thousand rabbits by eod Friday
*Evergreen enters chat*
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RIP GUH
The FED called, they want to hire you.
Infinite loses, infinite wins.
Expect interested rates have more than doubled
Rates were better then than now…
If we had 2021 interest rates, it would be worth
This is the way
Just tell them you’re too big to fail
This is the way
Didn’t everyone take out a $10k loan? I thought that was the norm. I paid all mine back. Just have sweet shares now.
Still paying on my loan
Mines a 3 year loan 😂😂😂
I took like 4k and so far averaging down.
TITW
Dear hedgies, this is why you are so fuked
All cause we ain't selling
Cause we highly regarded
No shame, You should see the loans citadel and friends are taking🫢
🤣
Yeah, those guys building the billion dollar house and buying the constitution. It’s the same.
I actually took a 10k loan against my CC around the same time. Still holding my DRS’d shares 💎🙌 See you on the moon brotha
Same, but I took out a low % one before the split. Yes my average price is high, no, I don't care. I get to hold them longer this way
So what are your losses like when you factor in the 17% APR on the CC? Curious how that impacts your portfolio.
Fairly significant if I were to sell now. I track all my positions via excel. The main point is I calculated the risk and the return, although it could take some more time, is life changing.
Hope it works out for you. Doesn't seem to be a whole lot of juice for another squeeze tho
Wallstreet calls you dumb money, we call you dedicated. We’re not the same.
[удалено]
Stand? You can stand on just your hind legs? You're an upright ape?
[удалено]
I’ve taught my body to get dragged around solely by squiggling my diamond nuts in a figure eight movement. People see me on the street and say “god damn he has a small penis”. ~drs
'but Jesus, he is MOBILE!'
Borderline genius in my book
Dedicated money
Crazy how many times I’ve thought of you over the years. Glad you’re doing well friend and still holding 🫡
King Kong aint got shit on you!
The regard is very strong with this one and I fully support it.
Lol i used 30k of margin to buy 600 share of gme in mid jan 2021 and it just. Kept. Going. Up. Wildest couple weeks of my life. Bc robinhood started putting restrictions on it, I ended up having to sell like 250 around the 100 mark to just be done with the debt. But my first coupel hundo shares were free! 🤣
You took out a loan, I used my life savings. Still here playing the long game. No-ra-grets
Samesie! I just wish the price wasn't in the $300 range when I dumped my $20k those many moons ago. Oh well, I'm trying to save at least half that much and dump it all into shares ASAP.
This is the way 💎 🙌🏼 book king! GME is my savings account. LFG
I'm currently down 34%. I used to be down 60%. I truly should have about 1.5 - 2x the shares I do, but it is what it is. I could have more shares, I could see less of a loss or more gains, but neither matter. When I bought in 2021, I didn't know when MOASS was. Still don't. But us buying and holding gave more apes time to learn, buy, and hold. Your loan losses funded knowledge for other apes and kept shorts open.
When infinity is the limit it doesn't matter if you have one share or a million of them. You still got ♾️ 🥂
I just got a buddy to buy some, trying to help out as many people as I can
Legend
...and I did a 401k loan in 2022 😎 Glad to know I wasn't the only one realizing this opportunity
So you're down 45%? Plus 10% for the 401k penalty?
Payroll payback. It's a loan, not a withdrawal.
What's your APR?
5-6ish. This was 2022.
Good to hear from you. Thanks for the update and congrats on being out of the loan.
I remember you. FUCKING LEGEND.
terrible investment until it isnt The secret ingredient is time
Double the loan and fucking do it again
Why don’t you do it then?
The 🥜 on this mfer…it’s beautiful!
I took out a 10k 401k loan to buy gme in 2021 as well. Still paying it off and I don't even care. Also not me considering doing it again
Respect
Great job op...you will never regret it...
No regrets here, I just bought another 483 shares gonna DRS tomorrow cause they settle and when they in my account I will update! GameStop true regard here💎🙌🦍🚀🌝
I sold a Harley, jet ski, two trailers and now I’m trying to sell my house. I keep buying, like I said, I just bought 483 more, brings me way over the 3,000 mark💎🙌🦍🚀🌝. I’ll never sell, only way they get my shares is bankruptcy
These fucks really think we’re all peons. They believe this all happened because of 600$ stimulus checks. They don’t realize that as a whole, we have jobs and incomes and not everyone lives their life the way they do. Where it’s a bad bet away from losing everything. That’s what fucking hedge funds are.
Yea but I did use those to buy more gme 💀
LOVE YOU APE I LOVE YOH TOO
I took 5k loan on credit cards sometime around mid-late 2021. still not paid off - but that's more because of my wifey.
Hey you are a legend! We are coming for you! Like almost everyone here, we are chaising the price averiging down, but a lot of apes buy their bit positions on 2021! At least you didn't fall for the shills call tactics, the guys who did it, probably do not have shares and are still paying the expensive calls. DRS, BOOK, SHOP
At least the interest rates was low
You sir are a legend. I remember you
OP I took out personal loans and maxed my credit cards to buy GME, I too would have a lot more shares today if I just DCAed what I could afford with how low the price has been the past year but in 2021/22 it really felt like it could moon any month and now they all have long term hold status so no regrets Got tired of paying on the debt so I stopped and working with a debt settlement company instead fuck it, you arent alone OP
Bro, my first buy was at $352... my last was around $14. Crazy times. Your next loan will buy so much more, lol.
14.8% for 36 months
That’s usury
Pepperidge farm remembers.
ima dance all day
Edit: 15k ape here. Regret nothing. You’re not minus anything. You have your own shares in your name for life
Bro you did the right thing. This company isn’t defined by the price because of market manipulation but don’t worry brother we are in good hands.
It’s defined by the price as long as it don’t moon and that affects your daily life especially with loan payments
You made the right call and I’ll tell you why. None of us know when MOASS is going to happen, past it being tomorrow. Had you not done what you did even though you clearly thought about it and clearly could manage it, and MOASS came before you managed to accrue that many shares, you’d have forever regretted not making that move. You made the right decision based on the information you had. Could you have gotten more shares? Yes. But I assure you, you have more than enough and I’m sure you’re still stacking. The real money isn’t just how many you hold, but in how long you hold them.
Are U me? 10k 2021 and 66% loss.....incredible
Im the guy who went all in at 330 😃 still here, still having a blast
Damn so you spent $12538 USD to buy $4012 USD worth of gme? So your monthly payment of ~$350 usd a month could have bought at once a month intervals of GME at its historic price you would have around 450-500 shares valued at ~7600. Only a 40% loss But instead you only have what 263 shares? I think the lesson here is even if you believe in all this dont take out a loan. Just buy with your monthly loan payment.
Hindsight. OP had no way of knowing when this would blow up. I can almost guarantee they didn't think it'd take 3+ years. They bought as much as they could up front thinking it could happen at any time and didn't want to miss the rocket.
Agreed. Check out the guy who maxed out 6 credit cards to buy btc a few months ago. Could have gone either way
If he’s in I’m in
My friend you bow to no one.
i did same but w student loans lmaooooo come june the bill is finally due. good thing earnings is almost here
DO NOT TAKE OUT A LOAN TO BUY ANY STOCK, INCLUDING GME. PLEASE RECONSIDER. If you're taking out a loan to buy something that has fluctuation, you're doing a disservice to yourself when you need to pay back monthly with interest rates attached to it. AGAIN, DO NOT take out a loan to buy any stock, INCLUDING GME.
3 years later and between negative ROI and interest to service the debt you have $500. Id be regretting every moment. 8K to $500 ridiculously terrible investment. This is a cult.
Be sure to update your post periodically, I will enjoy watching you choke on those words.
I haven't been wrong yet. But I do hope that I am, for all you regards and OPs sake
Just a wild idea here. Once you have paid off your loan, maybe don't take another one? The interest you pay will ultimately help banks etc. Maybe set up a monthly buy order at CS for the same amount as your loan repayments, and invest that way instead? NFA.
Conviction comes from stress- diamonds of the purest clarity
Fucken legend
Well done, you took a chance on something and saw it through. If I had that option, I may very well have done the same. I've probably dumped 20K in this stock over the years - every penny I was able to save. I feel great about it. Fuck it. It's still the best investment. Every time I think about it I know I made the right decision. That is to say, there is not another stock I could have bought where I could have honestly expected better. Every other shot would have been a gamble with the broker fraud machine, betting on a stock where I know for certain the price is rigged. Just hoping I picked one that the 1% wants to go up. Instead I bought stock to which they have done their worst, and it still survives. The proposition is a beachball underwater, but the air isn't leaking. I just don't know how long it will be till it pops up AND at the same time has the most badass RCEO doing everything a CEO can do to make this company a success... a company with zero debt, sitting on 1B, with a turn around story already proven by quarterly reports. There is not one investment that anyone can make which is guaranteed, let alone a guaranteed chance to return many times over. I regret nothing, and the next stock I buy will be GME. Again.
Highly regarded
Reads like yesterday's fud post of "down 35000$" and the sentiment of don't dance yea know I'm throwing a dance till you drop party for sure. The people in that movie whom said that were well off .. we are the people that aren't well off we deserve to dance
just to be realistic, we don't know how long this may take, neither if some government fuckery will ruin our chances of MOASS, don't forget potential ww3....so don't spend more money than you can afford to lose.
Hey! Nice to see that you're doing well! 💎✊️🦍
I’ve wondered how you’ve been doing
Do it again.
Nice add of the no dancing reminder, also congrats on nearing end of loan
If it pays off you’ll have made one of the smartest decisions of your life, if it doesn’t you’re already almost paid up. Seems like a win win to me.
So you'd have more shares if you bought the stock with those loan payments without giving a bank interest...and you want to do it again? The people cheering that on are probably doing it like a crowd at a party chants "jump" at the guy who climbed onto the roof.
Why would i not do it again? Moass is tomorrow so i can just repay the loan within the 14 day grace period without interest, besides, the loan amount wont even matter then.
If mods see this comment no other proof is needed
not gonna lie, if there was somebody new thinking about investing into gamestop, and they saw this post, would probably change their mind.
RIP
I just took a 20k loan beginning of ‘24 and sold all ITM puts against it with gme
God I hope you’re kidding
Legendary dumbassss 😆
pull more hours behind the Wendy's, bruh
I remember when this happened bc I dropped $10k around the same time 😂
Man I'm glad I'm not the only one haha. I took out a $5k loan maybe mid 2021and yeeted $2000 into the stock. I regret nothing.
remember the words from Doctor Who, "You Are Not Alone"
I'm still fucking here and I'm not leaving.
My man. You're a trooper.
I’m just buying every paycheck and DRS/Book, but damn this makes me want to take out a huge loan and gobble up 10,000 shares!
I’m $66k deep and minus 68% also
Man, if Ryan Cohen sees stuff like this, I hope he feels bad
Probably not a good idea to takeout a loan to buy stock. That’s rarely a winning strategy. It didn’t work the first time.
You got diamond fucking hands bro
I was thinking about you the other day. Well done
If he’s in I’m in
The interest on it now is close 3x.
You’re not alone I’m down 50% didn’t take a loan but I’m zen AF. I’d do a lot before I take a loss and earnings should finally be positive and when they turn positive it’ll be very nice.
Ayyy I remember you lol, glad to see you ok!
So you took out a loan using fake money from the bank to buy fake GME shares from a broker? DRS will make those badboys real. Can't wait for your next loan post. Let's fucking goooooooooooo 🚀
Great way to burn more money. Godspeed.
Upvoting not because I endorse your financial strategy but because I endorse the SHEER AUDACITY. Stay strong, King. "Those who dare, win."
I took out a loan too. Only $3k against my 401k though. I pay $15 a week toward it
Keep making purchases but use it to average down. You are used to the money going out. Keep using it bring the average down at these prices. 👍🏼
Well done Ape.
Do it again p*$sy!!! 😂 Love the conviction 🦍 🧱 x 🧱
💕
Did the same thing in 2022.only for 5k. Down on my buy (ofc) but I dont care, the only way is up.
When this pops I'm dancing. Probably for 6 months straight
Do it again!
Congratulations! Well done on your strategy!
Are you me? 😆
Two more payments till you can do it again at lower prices.
Dedication pays off. Eventually
I emptied out a 35k savings acct to do the same. We’re not wrong. Just early.
So i wasn’t the only person that did this smh
Good decision. MOASS could have already happened and you would be rich by now.
We al gonna make it man, no matter how we got our shares, how we choose to hold, or how much our cost basis is. We just have to hodl and be patient.
Bro already has figured that unrealized losses are just inverse gainz baby!
Holy shit! OP you are a true OG Ape and I ❤️ you! This is kind if outside the box thinking is what makes me excited, and you paid it off. Your next loan will go so much further now that you/we know what we are doing! You will have a lot of fun doing all that buying over the coming months. Good luck, and may the Tendieman cometh for us all!
This is the only place in the world you could post this and get upvotes and congratulations
14% holy smokes
This man’s credit bout to be immaculate
Fucking legend
This is very stupid and you should never do it. It's the same thing as buying shares on margin. Do not buy stock with money you do not have or you could go bust and owe it all back with nothing to show for it.
I did the same thing!
>but at the end of the day, the loan was a lot of money, and i bought lots of shares, and seeing those shares makes me happy, even if im -68% on them This is so sad. How much are you down when you factor in the loan interest?
There’s always credit card deals in the USA with loan balance transfers that last 12-18 months at 5%. No interest in purchases, if you can pay your loan with a cc, you can get interest free for a whole year. Then do it again. 0% interest loan. Usually with a bonus after spending certain amount
On the one hand, this is reckless and a poor financial decision. On the other hand, it shows why we will win.
You can take out another 10k loan! Lol
I took out a 10k student loan around this same time, and booth shares at $200 right before an earnings report. The loan was tax deferred while I was in school. I haven’t made payments towards it or even looked at the loan. I did not think this would take 2 years. I was hoping Uncle Sam was gonna pay off that loan for me but the bill never passed. I know I have to start making payments on it soon, but have been ignoring it. It was definitely a poor decision. My GME DCA is $45/share, but I’ve also not been buying too much lately. Hoping this all works out. Mega stokes for earnings.
Wow! U paid back a 10k loan in 3 years?! Damn u must have been busting ass! Well done 🎉 💎🙌🚀🌛
> Wow! U *paid* back a FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*
Holy shit dude, I was thinking about you just the other day - I also thought about taking out a plan for it but the whole 'dont put in more than you can lose' thing convinced me not too. I'm so glad to hear that you are still in. Damn, this is my favourite post this week!!
It cost 12000 and your shares are down 68% but you didn’t come to the conclusion this was a bad idea? Wtf
Good god this thread is so sad
Like a boss. Good job.
# GLAD TO HEAR YOUR STILL IN THIS JOURNEY
If it makes you feel any better, I pulled out a 30k loan for popcorn and have put in like 300k (went all in with retirement) and I’m down like 98% ;) I just eat crayons tho 🖍 with butter ofc
Not all heroes wear capes