I woke up this morning thinking about this kid's original post on this topic. I generally don't think about other people's investments, but this just sounded so bad. I was vicariously suffering through him ahead of time.
I believe that he is a math major or something, everyone on WSB told him that this was a bad idea... there are so many reasons why he should have known better than to do this. Then, in 24 hours he loses 20%. Guh-adjacent.
As long as he's not leveraged, he will likely be fine. Intel will recover in time. May not be the best option, but it's not like he purchased calls expiring next week.
Yeah, I agree. It's ridiculous that my brain chose to focus on this rich kid's problems instead of my own. That's what I found so funny. Here is the latest update.
That's what was so disturbing to me about waking up thinking about this. Why did I care? But apparently, my brain cared. I guess it was an anomaly that needed solving?
https://old.reddit.com/r/wallstreetbets/comments/1ehjuzj/i_b...