Until it shows some sort of structure that indicates basing out, it's going to come to be a money pit value trap.
I'd rather miss the first 10% than get in early, sit thru another say 25 or 30 percent drop, and have that dead money just sit in my account while bag holding it.
When the stock is hot again, it'll let you know
Not yet, reality about rates is that they used to cut into the bottom line of companies holding debt but today’s concentration allows for all the emphasis to sit with the top tech companies that are not impacted by the price of debt because it seems like regardless of what’s happening in the rest of the economy, those companies continue to grow and basically just eat up everything else. Market don’t care about the 90% of people, it cares about the 90% of wealth which are held by the top 10% of people who have never been better given the inflationary nature of prices in the recent years and massive deficits to fuel growth.
I dont think the retards in this sub understand that Rockstar is going to demolish their own record of having the single largest entertainment release in history (biggest day 1 release ever was GTA5, shattered every movie release record). If you fucking dipsticks really think smart money is just gonna sit this one out, I CANNOT wait for you all to learn the hard way.
Edit: Rockstar has the two largest title releases in entertainment history, GTA5 and RDR2. The stock did not go bananas, sure you can make profit, you're not taking a rocket to the moon tho, more than likely stupid apes get IV crushed to smitherines.