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Anonymous
My brain left me and I bought GME at around $320. Today, it's around $156++...do you think there's a chance for it to run up again lol. Should I buy more to average down? Selling it now would incur thousands in losses. Very painful to cut loss 😭
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Tan Choong Hwee
22 Apr 2021
Investor/Trader at Home
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Sorry to hear that. GME is highly speculative stock and whether it has a chance to run up again depends on the guys in WSB. Don't think anyone can predict how GME is going to move. I won't recommend averaging down as you are throwing more good money into a dangerous pit. Cutting loss is certainly painful, but you also need diamond hands to hold it.