this post was submitted on 04 Aug 2023
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Superstonk
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Reddit was down... So I made a Superstonk alternative in Lemmy.
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You understand that this argument can never die? How long is reasonable for what claims were made? 10 years? 50? Before my grandkids die? Before the planet dies? If the level of crime that supposedly happened, happened, why do we need to wait already over 3 years for anything to come of it? I've been here since the start and I've read just about every argument to be made and all the DD, but it doesn't change the fact that all that has happened is I've lost a lot of money.
How long indeed? I have had oil/gas stocks that were underwater for multiple years; then they went above my price point. If I'd given up and sold earlier, I'd have lost money. If I'd held longer, I'd be up when I sold. Your point?
It's all a gamble. So why get twisted up about what others are betting on?
Fact is, the company has no debt, and is trending toward profitability. Do you think humanity in general will give up on games, on collectibles, on play? If so, then you should get out now. I happen to think this particular company is positioned well for the long term.