I placed a giant WallStreetBets Chad on top of Wall Street, because it seemed appropriate.

I'm one. I took the gamble, knowing it was a gamble of high-risk high-reward for a few grand, and got in a little below $100 a share, and it was partially to make a profit and partially to join the fuck you.

But here's where people need to see it differently and also the reason to hold - at no point have I been worried, I knew from the beginning one of three things will happen:

1.) The Short squeeze works and I make a quick profit.

2.) Gamestop itself long-term properly adjusts its business model, partners with online retailers and become profitable, holding for the long run it could become a profitable stock.

3.) Gamestop long-term doesn't adjust their business model and it continues to decline, oh well I took that gamble for a reason, but I can still hold to sell for a loss to offset a heavy gain year and tax burden; for instance raising money for increased downpayment on a next house in a few years.

To me, it's a small stake for a big potential with contingencies in place, the gamble given the numbers and the amount I put in was planned and all outcomes permissible.

/r/MicrosoftFlightSim Thread Parent Link - streamable.com