GME – Shkreli Thoughts 1/29

It's weird to read "don't trade $GME on margin" when that's all but impossible for retail folks in the first place, and you can scroll down on the $GME ticker screen in your app to verify, if you didn't already notice that your buying power is lower with $GME.

It's like saying, "folks, just a PSA, never accept your bank's offer to stake you in a Vegas game to the amount of your home mortgage." As if!

Really I would much rather see a warning like, "buy low and sell high, watch the RSI" or any number of more grounded and practical things. Or hey, think twice about putting a paycheck into a hyper-volatile media frenzy.

Edit: With that said, IMO the technicals are kind of hilarious right now. Markets and tickers look almost blissfully normative compared to the media hype. Volatility is not even that bad when zoomed out. Anyone who says otherwise, or spreads panic, usually seems to be isolating a single favorite factor rather than looking at an aggregate.