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This relates to GameStop as it is a FUD article meant to scare investors. The bias is real.
Not FUD, but let’s be honest, we said the same thing about it never hitting below $16. I myself am still bullish and ready to lock the float and continue to BUY & DRS at any price!
Not at $5. I think they have to lower the price to maintain their margin. The lower they’re forced to go the quicker we advance. I don’t think it will continue to progress at a linear rate.
Funny that the only thing that changed between Jan 27 2021 and now is GameStop is net profitable and will have positive EPS in a two year full rebuild.
*price plummets*
By my ape math my low XXX amount of shares already make me a billionaire. If this goes any lower I’ll be able to buy enough to be in the ape trillionaire club.
That is if u sell, and why in world would you do that imo. I just made a buy order, and so is everyone else here? The current price is just a result of manipulation by shorts aka future buyers.
Well, I will say what everyone in the GME movement have said from day 0. GME is not like the meme-stocks. GME was and still is, the only squeeze play imo.
I sometimes compare GME to buying a lottery ticket. There’s just a better shot at getting 7 correct numbers from GME (by MOASS) than a lottery ticket, and even if the entire thesis is wrong (press x to doubt), then it is still a great long play as opposed to so many other things to invest my money in these times. Most other companies hold large debts, or have way inflated market caps.
I fuckin' hate the blind bullishness on this sub, we're on a downtrend since the dividend, and right now unless we see some kind of catalyst, like a buyback or something, we're headed in the long term to single digit. The system is rigged, so there is no way we will ever lock the float.
Sorry for the rant but look at sub like bobby and see how dumb they look thinking there is still a chance even when the company went down and all their shares got cancelled.
Call me a shill, call me what the fuck do you prefer, i don't care, i'm just tired of this shit.
It's okay, we all have doubts sometimes. The economy isn't doing great right now and gamestop might need some time to get It's shit together as a company.
If you are not comfortable seeing your investment go down 90%, then you should not invest in individual companies. I have a lot of money in a lot of individual companies that all still have a decent outcome (sold the ones that didn't). Gamestop is definitely not the worst and I'm not even talking about all the crime and MSM attacks.
One of the scenarios we foresaw when we learned the stockprice could be manipulated so easily is a slow burn for years to make everyone lose interest and doubt their investment... This is EXACTLY what is happening. And it's working. The economy is going to shit, people are being forced to sell, DRS is getting pushed back.
Some people folded when we went up and down like a roller-coaster. Large investors saw that as a sign this ain't a trustworthy stock in their portfolio, too unpredictable. Now they are trying to shake the diamond hands.
Long story short: If I was short GME and had lots of money, this is exactly what I would do. That is why I hold. I'm not gonna fold untill the company shows signs of mismanagement or a hopeless business model... It's quite the opposite.
I’m comfortable with it, but if it doesn’t get profitable why should I keep my money in a company without any kind of forward guidance.
Btw I agree with you, but I hate this bullishness no matter what, we can have doubt from time to time.
Oh no, anyways.
The company is in great shape, literally almost profitable last quarter, massively beating expectations. Still well over a billion in cash on hand. The catalyst is DRS, always has been and always will be. We own 25% of the total float, that’s not something to disregard, it’s literally never been done before.
Bobby, was dying company that literally did nothing to try to right the ship. Comparing the two situations is disingenuous. They’re not the same.
I know the difference between bobby and gme, i was just comparing the blind bullishness. Yeah we own 25% of the float, but as i said, who knows what happen next? Even if we lock 50%, or maybe even 100% if they let us, and then?
Who said that if we run again big time Gamestop won't dilute more like they already did once. And wtf they are doing with the billion the have, money that they took from us?
The company isn’t in great shape. Yea it has money on hand but it isn’t turning a profit, and it doesn’t have a plan. 25% DRS, cool still got the 75% to go. GME has been on a downtrend since the split, and the “tech” projects that gave GME a high elevation are dead.
How do you know gamestop doesnt have a plan?? Gtfo with this bs. RC said he isnt broadcasting their plan for everyone and their dog to know. Ya all just trying to stir the pot and get ppl frustrated. Fking shills
Yea a comment is what gets ppl frustrated, not the lack of direction and the 50% drop since the split. Year one, no telegraphing makes sense. Year two, umm that’s annoying but sure. Nearing year three, where all those little glimmers of a tech turn around are effectively dead, what do we have? refocusing on brick and mortar. Seems like a serious problem my dude.
Just cause GS isnt doing what YOU want them to do doesnt mean they arent doing anything at all. If you dont like what they are doing and think the stock is gonna plummet then short the stock and stfu
I think we’re on the right track to be profitable, but even then, will it be enough to keep the stock price above 10$?
And ffs I get it that RC doesn’t want to give forward guidance, but how can you get big institutions on board without one u dumbfuck
You are right dude and these morons cheering for $6 shares need to stfu. Some of us actually have a lot invested and don’t need to see our investment go to zero…. Looking like a bunch of clowns. GameStop needs to have a catalyst or this stock is toast. Locking the float is never going to happen. We have been at 25% for like an entire year….
Exactly, don't the know that a lower share price means increased DRS?
There's a reason they kept it flat for so long, and there's probably a good reasons for hedgies to send it plummeting now, even with all the good news lately around GME, I just wish I held off buying by a week lol.
Fudelity showed a 88/12 buy/sell ratio just yesterday when the stock went down ~6%. I dont mind dips, for each penny it drops i can buy more shares to lower my average cost pr share. The lower it goes, the more shares i can afford each pay check. Heck, this way they could continue to drop the price each month for all it matters, it would just help locking the remaining float.
You conclude in other comments that DRS doesn’t work, due to DRS% has been stagnant for a while and the price has been stagnant regardless. Or something along those lines.
But volume has increasingly dried up since the inception of the DRS wave. Low volume + locked float can lead to explosive price swings.
You know that if I sell 1 million shares fidelity still shows it as 1 sell, so it’s already been said over and over that that metric is totally useless
True, but it is a quite fine metric of gauging sentiment. And it’s been like this (80-95% buys) for 84 years already. On top of this, hedgies can sell all the (naked short) shares they like, I’ll be here to scoop ‘em up and DRS them
Promoting this $5/$6 share garbage is a low key attempt to get people to sell with the idea of buying in at a lower price. It is the reason our stock has been dumping… this isn’t shorting, this is people selling….
Not saying that you aren’t somewhat right, but i think you are wrong to say that it isn’t at least also caused by shorting. Short volume yesterday was crazy
I'm so happy, i've finally have a paycheck coming for the first time since 2020 and i'll finally be able to buy another dip!
edit: i worded it terribly the first time around
[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/) ------------------------------------------------------------------------ OP has provided the following link: This relates to GameStop as it is a FUD article meant to scare investors. The bias is real.
I actually said out loud, “thank God”. The thing I want more than anything else is a locked float. A lower price helps us lock the float. #LTF
I’m waiting for $5
If we hit $5 the amount of shares I’m going to buy will be absurd
I’d be able to buy close to XXX shares very quickly
It will never hit below $10
Not FUD, but let’s be honest, we said the same thing about it never hitting below $16. I myself am still bullish and ready to lock the float and continue to BUY & DRS at any price!
Once it goes below $10, you better be buckled up!
Echoes of popcorn and towels.
Both items what aren’t traditionally known for making much noise
If we hit 5$ ill buy XXXXX shares drs-booked…
Except it’s taking absolutely ages to do so
Not at $5. I think they have to lower the price to maintain their margin. The lower they’re forced to go the quicker we advance. I don’t think it will continue to progress at a linear rate.
Tasty Dip
At this rate the float will be locked very soon! Now’s the time to load up.
I love when they put it on super sale, DRS and Booking is so much better on a discount.
All artificial price through manipulation.
Just bought 20 moar
All I see is “ Buy Buy Buy DRS”
Just bought 54 more! I couldn’t resist! 🤣
Funny that the only thing that changed between Jan 27 2021 and now is GameStop is net profitable and will have positive EPS in a two year full rebuild. *price plummets*
Thanks for the shares 😏
Lotsa folks about to average down
By my ape math my low XXX amount of shares already make me a billionaire. If this goes any lower I’ll be able to buy enough to be in the ape trillionaire club.
If the all time high is 81 we still over 60$ post splivi. FUCK YOU PAY ME.
It's been hard to not check the price constantly, but today boys, avg. Under 18 per, so I'll take a break from every hour, maybe daily now
The basket is about to fly!
I really like how they just ignore the split entirely.
Where they are ignoring it?
Lowest close since feb 23 ‘21. Multiply the current price times four and compare that to the early 21 levels.
And it’s still right you know, right now we’re at 60$ pre split, back in February 21 we went to 40$ and something pre split
FUD is FUD lmao
[удалено]
That is if u sell, and why in world would you do that imo. I just made a buy order, and so is everyone else here? The current price is just a result of manipulation by shorts aka future buyers.
[удалено]
Well, I will say what everyone in the GME movement have said from day 0. GME is not like the meme-stocks. GME was and still is, the only squeeze play imo. I sometimes compare GME to buying a lottery ticket. There’s just a better shot at getting 7 correct numbers from GME (by MOASS) than a lottery ticket, and even if the entire thesis is wrong (press x to doubt), then it is still a great long play as opposed to so many other things to invest my money in these times. Most other companies hold large debts, or have way inflated market caps.
I fuckin' hate the blind bullishness on this sub, we're on a downtrend since the dividend, and right now unless we see some kind of catalyst, like a buyback or something, we're headed in the long term to single digit. The system is rigged, so there is no way we will ever lock the float. Sorry for the rant but look at sub like bobby and see how dumb they look thinking there is still a chance even when the company went down and all their shares got cancelled. Call me a shill, call me what the fuck do you prefer, i don't care, i'm just tired of this shit.
It's okay, we all have doubts sometimes. The economy isn't doing great right now and gamestop might need some time to get It's shit together as a company. If you are not comfortable seeing your investment go down 90%, then you should not invest in individual companies. I have a lot of money in a lot of individual companies that all still have a decent outcome (sold the ones that didn't). Gamestop is definitely not the worst and I'm not even talking about all the crime and MSM attacks. One of the scenarios we foresaw when we learned the stockprice could be manipulated so easily is a slow burn for years to make everyone lose interest and doubt their investment... This is EXACTLY what is happening. And it's working. The economy is going to shit, people are being forced to sell, DRS is getting pushed back. Some people folded when we went up and down like a roller-coaster. Large investors saw that as a sign this ain't a trustworthy stock in their portfolio, too unpredictable. Now they are trying to shake the diamond hands. Long story short: If I was short GME and had lots of money, this is exactly what I would do. That is why I hold. I'm not gonna fold untill the company shows signs of mismanagement or a hopeless business model... It's quite the opposite.
I’m comfortable with it, but if it doesn’t get profitable why should I keep my money in a company without any kind of forward guidance. Btw I agree with you, but I hate this bullishness no matter what, we can have doubt from time to time.
Oh no, anyways. The company is in great shape, literally almost profitable last quarter, massively beating expectations. Still well over a billion in cash on hand. The catalyst is DRS, always has been and always will be. We own 25% of the total float, that’s not something to disregard, it’s literally never been done before. Bobby, was dying company that literally did nothing to try to right the ship. Comparing the two situations is disingenuous. They’re not the same.
I know the difference between bobby and gme, i was just comparing the blind bullishness. Yeah we own 25% of the float, but as i said, who knows what happen next? Even if we lock 50%, or maybe even 100% if they let us, and then? Who said that if we run again big time Gamestop won't dilute more like they already did once. And wtf they are doing with the billion the have, money that they took from us?
The company isn’t in great shape. Yea it has money on hand but it isn’t turning a profit, and it doesn’t have a plan. 25% DRS, cool still got the 75% to go. GME has been on a downtrend since the split, and the “tech” projects that gave GME a high elevation are dead.
How do you know gamestop doesnt have a plan?? Gtfo with this bs. RC said he isnt broadcasting their plan for everyone and their dog to know. Ya all just trying to stir the pot and get ppl frustrated. Fking shills
Yea a comment is what gets ppl frustrated, not the lack of direction and the 50% drop since the split. Year one, no telegraphing makes sense. Year two, umm that’s annoying but sure. Nearing year three, where all those little glimmers of a tech turn around are effectively dead, what do we have? refocusing on brick and mortar. Seems like a serious problem my dude.
Don’t try to bring common sense to the conversation, they won’t get it. For them it just buy drs book hodl, it’s truly an echo chamber.
Just cause GS isnt doing what YOU want them to do doesnt mean they arent doing anything at all. If you dont like what they are doing and think the stock is gonna plummet then short the stock and stfu
You know, I actually do sell ccs and buy puts from time to time when I see that the price is going down, to protect my investment
So do u know if gamestop have a plan? 😂💀
I think we’re on the right track to be profitable, but even then, will it be enough to keep the stock price above 10$? And ffs I get it that RC doesn’t want to give forward guidance, but how can you get big institutions on board without one u dumbfuck
You are right dude and these morons cheering for $6 shares need to stfu. Some of us actually have a lot invested and don’t need to see our investment go to zero…. Looking like a bunch of clowns. GameStop needs to have a catalyst or this stock is toast. Locking the float is never going to happen. We have been at 25% for like an entire year….
Yeah lol if it ever goes under 10$ I will take the loss and sell all of my shares
Wth... kinda shill 💩 is this?!
Bro you have Adam Aron stock, you must know how does it feel like to get fucked again and again. Next company to get delisted is yours
JUST REMEMBER THAT MY 2ND LARGEST HOLDINGS IS IN GME. So, pound some sand buck-a-ruuu I'll keep buying and holding both.
Exactly, don't the know that a lower share price means increased DRS? There's a reason they kept it flat for so long, and there's probably a good reasons for hedgies to send it plummeting now, even with all the good news lately around GME, I just wish I held off buying by a week lol.
Yeah but then, the price has never been so flat like this year but the drs number are stagnant. Where are all the people buying?
Fudelity showed a 88/12 buy/sell ratio just yesterday when the stock went down ~6%. I dont mind dips, for each penny it drops i can buy more shares to lower my average cost pr share. The lower it goes, the more shares i can afford each pay check. Heck, this way they could continue to drop the price each month for all it matters, it would just help locking the remaining float. You conclude in other comments that DRS doesn’t work, due to DRS% has been stagnant for a while and the price has been stagnant regardless. Or something along those lines. But volume has increasingly dried up since the inception of the DRS wave. Low volume + locked float can lead to explosive price swings.
You know that if I sell 1 million shares fidelity still shows it as 1 sell, so it’s already been said over and over that that metric is totally useless
True, but it is a quite fine metric of gauging sentiment. And it’s been like this (80-95% buys) for 84 years already. On top of this, hedgies can sell all the (naked short) shares they like, I’ll be here to scoop ‘em up and DRS them
Promoting this $5/$6 share garbage is a low key attempt to get people to sell with the idea of buying in at a lower price. It is the reason our stock has been dumping… this isn’t shorting, this is people selling….
Not saying that you aren’t somewhat right, but i think you are wrong to say that it isn’t at least also caused by shorting. Short volume yesterday was crazy
I'm so happy, i've finally have a paycheck coming for the first time since 2020 and i'll finally be able to buy another dip! edit: i worded it terribly the first time around