I know the same example from a colleague. (2 years ago) He says he had no idea what Gamestop was all about BUT!!!!!: A friend told him Gamestop was now getting into the NFT business and creating a platform, he bought for 5000€. Now almost -70%..... Please don't trust insiders!
@DividendCop funny, my insider also told me something about Gamestop back then, when they were at 20€, he even caught a 10x leverage himself back then, and the stock then rose briefly to just under 300.... (no, he's not rich now, because it got too hot for him at €50, but he still made a lot of profit)... That's why I trust him 100%, he works at the bank and always has tips like that :)
@DividendCop yes, I have a few positions of his in my portfolio, once I did badly with Jumia 😂 but he said calm down, they will come and can still become a 100x if things go well.
