this post was submitted on 02 Aug 2024
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Oh no my grandmother's inheritance
Funniest outcome of this shit. The dude will now probaly #HODL until the stock goes to zero and Intel declares bankruptcy. This is why WallstreetBets is an irreplaceable subreddit.
I'm OOTL, what did some
nerd do?
Yolo'd $700k of his $800k inheritance entirely on Intel like a few hours before it tanked
https://reddit.com/r/wallstreetbets/comments/1ehjuzj/i_bought_700k_worth_of_intel_stock_today/
It's the perfect foil to other person who did a bunch of "DD"
on why Crowdstrike was overvalued, mere hours before they brought down millions of mission-critical windows machines across the planet
On a good day WSB is random, but on aggregate they tend to bet wrong.
I'm starting a new fund, the "anti-WSB index" (AWBI), we expect big growth over the next quarter.
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