No. Nokia has a huge market cap - 3x the GME. Nobody will move that one. Buy GME; it will continue to rise. That is, if you’re wanting to play the speculative game.
If you want a sure thing, buy a long put on GME, it will eventually fall again.
It’s all about your risk threshold, but if you want to make a statement and money, GME is the one place we are going to be able to do it. Everything is going to change rules-wise as a result of that one once the dust settles, and it will mostly be on the hedge fund side preventing them from taking such a stupid position. Additionally, the cost of doing what is going on now will be so high, it would be impossible to really pull of a short squeeze of this magnitude.
That was my thought. It seems like GME is a grudge play - people are going to hold long enough to see the hedge funds bleed badly. It's ridiculous to pay 325 for a stock that's clearly not worth anywhere near that kind of valuation but damn, watching HF managers cry and rail against the normies is a beautiful thing. I want to be part of that!
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