Might put £10k into GME shares today/tomorrow... opinions?
I've put my fears some where not many posts back if you want to read what I feel is the current potential issues.
Anyone still holding is holding because they think it'll increase not just by 5/10 percent, else they would have sold already. they expect and hope and pray it goes up another 100/200 percent if not more. Realistically I don't know if it ever will that high simply because there's a lot of fear now, and above 460 there pretty much won't be a single person who's made a loss, so if it hits 550, 600, 850 even, you may find that's enough for those who got in at 400 to leave with a decent return and not risk a big drop.
My feeling is it will almost definitely go up above what it currently is, perhaps 480 by end of day Monday.
The fight back news is starting to come through, people are doing billboards ads for gme, flying planes with messages on the back etc, which gets shared on social networks and drums up more interest. The news of wall street billionaires fighting back will be weakened when/of the price goes up reducing those fears which are currently bringing the price down a little. If you see the billionaires do all they can to drop the price (like they did on Thursday) and yet still here we are at 330, that's a good sign.
The thing that I keep thinking back to for positivity is the vw 08 situation where the stock went through the roof and lot of money was made then, and that was a stock that had less reason to go up compared to gme so there's a greater chance of an even bigger increase. I'm hearing for gme to match the cost of the vw08 issue, gme would have to be 30k price, so anything less is achievable as a price that it can go to.
If you get in now and it goes to 5k per stock you'll be at life changing money.
The trouble you have now with being aware is making a decision either way is a bad or good one that you'll congrats yourself or kick yourself for making/not making.
If you don't buy and it jumps to 5k by Friday, you'll be annoyed at yourself for not jumping in as that would be 150k for you by end of week.
If you don't buy and it sinks you'll be glad.
And the same if you do purchase and it goes up or down.
You're now in a position to take the chance.
Do you do it or not? Maybe buy, and if it rises take half out so you've made a bit of money and now aren't so worried to miss out as you'll still have something small left in.