And I blame people who started the Reddit rally for this. The short-term stock manipulation done by hedge funds in either direction have little effect on regular long-term investors - it affects mostly speculators and similar large players taking the opposite side. When "go against hedge funds" rally started on Reddit, the people who started it knew that they will get many uneducated people following their lead and they made lots of money off these small uneducated wannabe traders. This is much worse than what hedge funds are doing: at least hedge fund do not get into small guys pockets.Maybe many people will be left holding the bag here and might hold on to their stocks hoping to see an increase. I am seeing a lot of people who missed the boat losing a ton of money on this stock. It’s kind of sad and these are first time investors who fell for the hype. Some people lost 6 months of their salary and others are struggling now because they have no cash left.
I hope you sell it now. Nice online casino. Still will go under $20 soon.This thread didn't age well did it? I'm glad I didn't listen to these old relics when they called me a bagholder, now I'll be tea bagging an escort with my profits.
Alas, you can't teach an old dog new tricks.
fall is actually fiji by the way.
I'd love for you to share either your fundamental or technical analysis to back this claim upI hope you sell it now. Nice online casino. Still will go under $20 soon.
Technical analysis is a bullshit. Fundamentals - you must be joking, right. What has happened to GME business that is is suddenly worth 10 times more than at any time during the last 5 years? They must have found a way to transfer game currency to real gold. Enjoy while it lasts and let the biggest fools to pave your road to prosperity.I'd love for you to share either your fundamental or technical analysis to back this claim up
Easy. The video game market has exploded. Gamers making money hand over fists. And this is just the beginning. You must be a boomerTechnical analysis is a bullshit. Fundamentals - you must be joking, right. What has happened to GME business that is is suddenly worth 10 times more than at any time during the last 5 years? They must have found a way to transfer game currency to real gold. Enjoy while it lasts and let the biggest fools to pave your road to prosperity.
I'm not a boomer but I stopped playing video games years ago (I still have a PS3) but yes gaming is a huge industry add twitch to the fray it's massive. March 10th Game Stop stock is at $265.Easy. The video game market has exploded. Gamers making money hand over fists. And this is just the beginning. You must be a boomer
I don't see a bright future for Gamestop. The console manufacturers are starting to produce units with no optical drive; game purchases will be done online. Gamestop can capitalize on used games that are already out there, but not forever. Sony/Microsoft are going to keep moving in the direction of online distribution to keep that revenue in house. Gamestop can't compete with that for long.Easy. The video game market has exploded. Gamers making money hand over fists. And this is just the beginning. You must be a boomer
Huge opportunity if they take advantage of the current potential.I don't see a bright future for Gamestop. The console manufacturers are starting to produce units with no optical drive; game purchases will be done online. Gamestop can capitalize on used games that are already out there, but not forever. Sony/Microsoft are going to keep moving in the direction of online distribution to keep that revenue in house. Gamestop can't compete with that for long.
Even after the squeeze has been squoze, it won't even settle in the 2 digits.I hope you sell it now. Nice online casino. Still will go under $20 soon.
This is why they say a fool and their money are soon parted. The only thing Gamestop stock has done is inject randomness into the stock market. That's it.My ears will be clogged in tendies before I take another critique about this company seriously.
I appreciate your futile attempts at assuming I'm holding the bag. I did cash out 25k in the green at the first squeeze, and have added to my position since.This is why they say a fool and their money are soon parted. The only thing Gamestop stock has done is inject randomness into the stock market. That's it.
The days of them buying a used game for $2.60 and reselling for $20 are done. The rest of their plans are just that, and other people have already beaten them to it. When the dust settles it's going to be in the single digits, before it gets bought up or folds outright.
I do expect GameStop to go insolvent, but I've never said anything about it being any time soon. 2 years. The clock is ticking.I appreciate your futile attempts at assuming I'm holding the bag. I did cash out 25k in the green at the first squeeze, and have added to my position since.
If you expected GameStop to go insolvent, it didn't. They were able to pay off the debt on their bonds that matured on Monday, GameStop wil be the e-commerce hub for the expanding gaming community that will challenge Steam's unchallenged monopoly in that sphere. Plus, certain hedge funds that are still heavily shorting the stock are digging an even bigger hole that based on constant buying pressure will cause a significant increase that may or may not cause a squeeze. Besides, I just really like the stock.
It's hard to apply any sort of historical analysis to GME because of all the randomness they've introduced into it.The biggest cup and handle you will ever see. Not financial advice, this is an online casino.
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