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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="RonJohn" data-source="post: 776878" data-attributes="member: 2426"><p>Many people who shorted GameStop lost lots of money. Many people who are purchasing/purchased GameStop late in the run are going to lose lots of money. The people who purchased early and stoked the fires on Reddit made lots of money. There are ways to make large immediate gains. Those ways are very speculative, hence the shorters losing lots of money and the people late to the GameStop surge losing lots of money. It isn't guaranteed, but there is a lot more history of people who stay in good stocks for the long run making better than decent returns over the long run. i.e. Not making instant money, but slowly building good wealth over 20-30 years.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 776878, member: 2426"] Many people who shorted GameStop lost lots of money. Many people who are purchasing/purchased GameStop late in the run are going to lose lots of money. The people who purchased early and stoked the fires on Reddit made lots of money. There are ways to make large immediate gains. Those ways are very speculative, hence the shorters losing lots of money and the people late to the GameStop surge losing lots of money. It isn't guaranteed, but there is a lot more history of people who stay in good stocks for the long run making better than decent returns over the long run. i.e. Not making instant money, but slowly building good wealth over 20-30 years. [/QUOTE]
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