sold blackberry at 25 CAD for a 100% profit
It's gonna be all fucky this summer once Fed and Biden govt give additional cash injection. Directly and indirectly. Euphoria has just started. It's gonna go to shit probably October and November when economic indicators no longer show signs of strength. NI haven't been to WSB in awhile, things have sure changed. People are talking about buying shares now? Weird.
I did a lot of wsb stuff last year and stopped in April because things stopped making sense with the fed pumping up the economy despite everything going to shit. Not like it makes sense now or made sense before, but it made more sense.
I definitely made more money with the wsb shit than the safe stuff but I also "lost" large amounts of money by not taking gains. I still made more money than I lost, and much more than if I did the "safe" stuff, but it burned a bit. You really have to be OK with losing a lot of money and not thinking about it too much because you come out ahead long term. Or play it safe and buy shares - all the long term stuff I sold off is doing fine now so I regret selling those.
It definitely feels as euphoric as it did a year ago so I wonder if this will last too much longer.