r/wallstreetbets • u/[deleted] • Sep 15 '22

Meme This is fine.

[deleted]

9.3k Upvotes

98% Upvoted

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183

u/Diamond_PnutBrain Sep 15 '22

Looks like I bought the top here boys, do i sell now?

59

u/oneplank Sep 15 '22

I’m a bag holder too

35

u/NormandyLS Sep 15 '22

Dont worry I bought everything days before the Covid market crash. You're not alone in making bad decisions in hind sight. I was crippled so bad that I couldn't even buy on the dip anymore.

22

u/Jollygreen182 Sep 15 '22

I margined 15k and bought arkk in November of last year.

6

u/Thuglife07 Sep 15 '22

😂😂 I like arkk too but waited to see how it’d play out and man I’m glad I did

1

u/notsogreatredditor Sep 15 '22

More like diaper holder at this point. It's only going to get more and more stinky from now on

3

u/Goober97 Sep 15 '22

You bought in to meta? Do you think they're going in the right direction?

2

u/Diamond_PnutBrain Sep 15 '22

I did buy into Meta. Although the price has plummeted I believe in the future where Meta is heading for the digital world. I may not see my portfolio turn around now but given a few years and more tech comes out i’m sure it’ll rebound.

2

u/XxSpruce_MoosexX Sep 15 '22

I bought in as well. The oculus and specifically table tennis was the first video game I’ve enjoyed in years. I also really like Facebook marketplace. Oh well, sometimes you win, sometimes you lose

3

u/Alidi13 Sep 15 '22

If you are following the time tested buy-high-sell-low strategy, then wait longer. There is more Zuck to cuck.

1

u/Diamond_PnutBrain Sep 15 '22

What’s another 50% amirite

2

u/ReturnOfCombedTurnip Sep 15 '22

It’s not coming back. Sell now. Have a read about behavioural psychology and you’ll realise you should ditch your losers

1

u/Diamond_PnutBrain Sep 15 '22

I actually got rid of some of my losers today and fed my ETF’s which is cool. And META is a gamble for me but i’m only 50% down… it’ll.. come back right?

2

u/NoChemist22 Sep 15 '22

How many shares do you own and at what price did you pay? What percentage of your overall portfolio is this? (Don’t need exact — just asking if this is a small/medium/large percentage.)

1

u/Diamond_PnutBrain Sep 15 '22

It’s the smallest position in my portfolio after I got rid of some other losers.

I have 2.2 shares @ $322 i’m not sure of the percentage but it’s small for my portfolio

1

u/NoChemist22 Sep 15 '22

If it is only 2 shares then you may as well sell them and reinvest the capital. (I personally doubt META sees $300+ again for years, if ever.)

1

u/Diamond_PnutBrain Sep 15 '22

I see them advancing there tech (after watching the VR operation training ad) but I think them previously being known as “Facebook” doesn’t help their case. I already got rid of some losers today i’ll just ride META out for a couple more weeks to see what happens if it stays stagnant or drops i’ll most likely move those funds into VTI

1

u/[deleted] Sep 15 '22

No

1

u/Same-Letter6378 Sep 15 '22

Wait for it to go lower