Thursday, January 21, 2021

GME stock | 54 year old birthday | 2020 birthday | 30 shares | 13/ share -> 43/ share

 Jan. 21, 2021

Introduction

It is the toughest job to learn how to invest on equity at lowest price. I did purchase 30 shares of GME stock to celebrate my 54 year old birthday, in Oct. 2020. I like to write a short research report on this event. 

GME call

I organized a wechat group to invite Jiaotong university alumni. I need to learn how to collaborate with others. I am single and stubborn, hard to learn things quickly. 

I found out that my purchase of 30 shares of GME and sold in the same day, the share price went up from $13.00/ share to $43/ share in less than three months. I remembered that I acted on news about Microsoft supported Gamestop, the price went up from around $5/ share. 

I like to learn something from my experience. Things I can see and I cannot see, how to invest as an intelligent investor. 






I think that most important is to look forward next six month or a year. If the stock and business will grow and back to normal after pandemic, then I should not care about 20% to 30% loss in short term. 

I just could not believe that back in Oct. 2020, I spent so much time to learn how to invest, but I did not understand the best way to do the work. Do not think about market value, think about business, long term, intrinsic value. 


It was my birthday. It should be fun to celebrate my birthday. I need to learn one more business, since the stock went up after Microsoft chose to support GameStop. It was the first time I learned the business, I did hear from wechat group Anna. 


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