SEC didnt warn before 08 Crash, Dot Com Bubble, 80's recession -- so why warn about "meme stocks"?
$GME$BBBY$AMC
AI SUMMARY — Author questions why the SEC specifically warned about meme stocks when it failed to warn about major crises like 2008, dot-com bubble, and other historical collapses, suggesting the warning is selective FUD. The post implies meme stocks warrant less concern than the SEC's track record suggests.
| TICKER | GME |
USER | u/Conscious_Evening_57 |
| RATING |
BULLISH |
ENTRY |
$33.42
|
| POSITION |
99 sh
SYN
|
BOOK VAL |
$3309.07 |
| CURRENT |
$26.81 |
P&L % |
-19.79%
|
| CURR VAL |
$2654.19 |
P&L $ |
-654.88
|
| TICKER | BBBY |
USER | u/Conscious_Evening_57 |
| RATING |
BULLISH |
ENTRY |
$30.85
|
| POSITION |
108 sh
SYN
|
BOOK VAL |
$3331.80 |
| CURRENT |
$6.70 |
P&L % |
-78.30%
|
| CURR VAL |
$723.06 |
P&L $ |
-2608.74
|
| TICKER | AMC |
USER | u/Conscious_Evening_57 |
| RATING |
BULLISH |
ENTRY |
$124.50
|
| POSITION |
26 sh
SYN
|
BOOK VAL |
$3237.00 |
| CURRENT |
$3.12 |
P&L % |
-97.49%
|
| CURR VAL |
$81.25 |
P&L $ |
-3155.75
|
Weekend degenerate thought here. Below is from the SEC website:
SEC WEBSITE 'WARNING\\" INVESTORS
My uneducated and retarded self as a very simple question ..... why do they feel so compelled to warn us about this?
DID THEY WARN US BEFORE THESE:
- Market / Real Estate Crash of 07-09
- Dot Com Bubble Burst of 00-02
- Interest Rate Increase Recession of 90-92
- Oil Price quadrupling Recession of 73-75
- Enron's Collapse
- Blockbuster
- Pan AM
- Bear Stearns
- Lehman Brothers
- Madoff Ponzi Scheme
- Kodak
The list goes on and on......
TLDR: Ignore the FUD and HOLD strong -- Long Live #GME, #BBBY and #AMC