Victoria 667 Posted January 31, 2021 Share Posted January 31, 2021 14 hours ago, Dickus said: APE TOGETHER STRONG WE LIKE THE STOCK NOT FINANCIAL ADVICE, JUST A TARD WHO LIKES VIDEO GAMES! $GME GO BRRRRRRRRRRRRRR Quote Link to comment Share on other sites More sharing options...
Adam_ 1,028 Posted January 31, 2021 Share Posted January 31, 2021 10 hours ago, Ssj said: Doubt it'll shoot up again now, and the company model of gamesstop just isn't viable for them to take much advantage of the situation. lnitial frenzy was the best it will have been so I don't feel much point now in getting involved. You either missed out or didn't. pretty much this Quote Link to comment Share on other sites More sharing options...
Dickus 777 Posted January 31, 2021 Share Posted January 31, 2021 34 minutes ago, Adam_ said: pretty much this Hedge funds can't afford to keep paying the interest on the shorts they've borrowed nor can they magically force anyone to sell shares to them in order to cover. As long as the majority of retail investors sit on their shares the hedges will continue to bleed. For some people, they really don't care if the value of GME plummets. It's all about forcing the hedge to pay the interest on their shorts while they desperately attempt to cover. 1 Quote The Titans Officer Ronin PK Leader Tempy Legend Link to comment Share on other sites More sharing options...
Req 227 Posted January 31, 2021 Share Posted January 31, 2021 (edited) Classic case of pump and dump. Holding is going to hurt. It's impossible to predict the top but when it sells off, it will be painful. I personally think GME should slowly issue stock since their stock is clearly very over valued and their overall brick and mortar business plan is poor. They can use the cash to make acquisitions and/or pay down debt and increase the future prospects of their business. Eventually, stock issuance would significantly decrease their stock price (and help the shorts), but its a good way to bring value to the company as long as there is demand for their overvalued shares - a free wealth transfer from stock purchasers to the company. Edited February 1, 2021 by Req Quote Link to comment Share on other sites More sharing options...
inf` 132 Posted February 1, 2021 Share Posted February 1, 2021 9 hours ago, Req said: Classic case of pump and dump. Holding is going to hurt. It's impossible to predict the top but when it sells off, it will be painful. I personally think GME should slowly issue stock since their stock is clearly very over valued and their overall brick and mortar business plan is poor. They can use the cash to make acquisitions and/or pay down debt and increase the future prospects of their business. Eventually, stock issuance would significantly decrease their stock price (and help the shorts), but its a good way to bring value to the company as long as there is demand for their overvalued shares - a free wealth transfer from stock purchasers to the company. Strong disagree. This nowhere near resembles a classic pump and dump. Doge would be that. They shorted with 140% of shares and they owned fuck all of it. Sure, it's way overvalued now but it's way past that point people are making. Regardless, fuck hedge funds. Quote Link to comment Share on other sites More sharing options...
Jackson 121 Posted February 1, 2021 Share Posted February 1, 2021 stonk Quote ~ex envy respected member~ ~ex divine forces old school~ Link to comment Share on other sites More sharing options...
Buzz 99 Posted February 1, 2021 Share Posted February 1, 2021 Wish I invested in Gamestop Quote [X] Natural Born Killers Warlord || [X] Corruption Council || [X] The Titans Member || [X] Ronin Member Tempest Member Link to comment Share on other sites More sharing options...
SKulllicious 3 Posted February 3, 2021 Share Posted February 3, 2021 The real shortsqueeze is Bitcoin Quote Link to comment Share on other sites More sharing options...
Clark Kent 55 Posted February 3, 2021 Share Posted February 3, 2021 Was amazing to watch and see. Quote On 8/11/2020 at 4:06 AM, True 2k8 said: I'm not actually a crazy person ?. Link to comment Share on other sites More sharing options...
Da Bazz 715 Posted February 3, 2021 Share Posted February 3, 2021 I'm just here for the drama Quote The good old days ~ By B4uz ~ ~ By Ace ~ Link to comment Share on other sites More sharing options...
Shinobi 36 Posted February 4, 2021 Share Posted February 4, 2021 11 hours ago, SKulllicious said: The real shortsqueeze is Bitcoin Bitcoin is going to reach six digits by summer. So many companies are going to purchase some by the end of the year. I don't think people will understand what is going on. Quote Link to comment Share on other sites More sharing options...
thanatos0708 4 Posted February 6, 2021 Share Posted February 6, 2021 As a fellow CFA Charterholder, he makes me proud! The name and his charter go so well together! (the charter is about determining value of investments, and how to spot mispricing) Quote Link to comment Share on other sites More sharing options...
Redskull 50 Posted February 8, 2021 Share Posted February 8, 2021 My buddy lost 1.2k on GME and AMC lol Quote Link to comment Share on other sites More sharing options...
thanatos0708 4 Posted February 9, 2021 Share Posted February 9, 2021 1 hour ago, Redskull said: My buddy lost 1.2k on GME and AMC lol Your buddy didn't understand the game. You need to know the signs of when to get out of a momentum game, and one of those signs is when brokerages stop allowing you to make transactions on a specific stock. The goal is to be the first one at the party and not be the last one there. If you get involved in momentum strategies then you're swimming in a pool filled with sharks and piranhas and you will be eaten alive if you don't know what you're doing. Quote Link to comment Share on other sites More sharing options...
Redskull 50 Posted February 9, 2021 Share Posted February 9, 2021 15 hours ago, thanatos0708 said: Your buddy didn't understand the game. You need to know the signs of when to get out of a momentum game, and one of those signs is when brokerages stop allowing you to make transactions on a specific stock. The goal is to be the first one at the party and not be the last one there. If you get involved in momentum strategies then you're swimming in a pool filled with sharks and piranhas and you will be eaten alive if you don't know what you're doing. Yeah he got in maybe a day or 2 after it blew up and then he listened to the meme game too much and waited. He could have easily made a few hundred but he held out until it was too late. Quote Link to comment Share on other sites More sharing options...
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