Gamestop's stock soaring
- Thread starter dtownreppin214
- Start date
Is there real long term value speculated on Gamestop?
Or is this carefully curated Reddit FOMO that's essentially feeding itself?
Or is this carefully curated Reddit FOMO that's essentially feeding itself?
Are they assuming people will spend their stimulus on video games...... cause they will
Has nothing to do with the stock
the stock is going up because people are buying it
if all the people who started this in the beginning sold their shares, they stock price will drop all the way down and they people buying know will lose all their money
Wargames
One Of The Last Real Ones To Do It
Ahh a pump and dumpoh please...ultimately it is still sound advice...you’re just hurt cuz I pointed out earlier in the thread your response to dude made absolutely zero sense and was completely off topic within the scope of the specific conversation y’all were having...but back to this one...even you realize that ppl will eventually get burned...it just didn’t happen right away lol
Now what you made zero sense
because What I said about the data had nothing do with the price of the stock you moron, all microsofts invovlement with gamestop you fukking idiot
you making up false narratives because you don't know what you are talking about
and you don't understand what makes stock prices rise
The Microsoft news caused an initial jump, because people started buying stock after the news
nikka you’re a clown who will say anything to appear “right”...and unfortunately that’s more important to you than actually making sense and staying on topic
Appear right about what
Stock went up 220 I was right
see your exposing, you was a butt hurt fakkit running mouth about something you know nothing about
The guy I responded was saying gamestop is a failing business and he's right
but microsoft could use that data from them in future endeavors, its the only thing of use gamestop would have for them
Yall fakkits is insecure because you can't match my intellect and always try to turn everything agrument
you just the one trying to be right not me
The same guy even said he brought the stock when he tried to say it was a pointless thing to do
so who's the clown lmao
Like I said, you have no clue what you're talking about
The stock price is up is because people are buying the stock, you dumb ass
that's the only way a stock can go up is if people buy it
Reason people are buying it now is because they saw the game
it had that drop a few days ago because people cashed out and sold their shares, and a new crop of buyers came in buying up shares so you saw it rise again
Jean Jacket
NOPE
Who would have predicted this b*******???
the longterm value was that the company was undervalued, no one is saying they're worth there current stock price though. This is wabout the people who were shorting gamestocks and the number of shares avaiable to cover that short if the stock price rose. If retail investors hold onto their GME stock, then short sellers will only be able to buy stock from paperhands who will drive the sell price even higher. when the short sellers get margin called, they'll have to buy those shares back at what ever high price retail investors dictate becuase they have no choice.+
This is all about exploiting shortsellers who exposed themselves to massive financial risk.
gaming has been super profitable this year but gamestop's business model has been shyt. Gamestop is not the best place to get games.
user to user marketplaces and third party sellers are poised to take over the used game market and refurbished market since the buyer can sell for a lower price and make more profit. Gamestop lowballs you crazy.
There's a lot of aggressive posting and people using a bunch of words to say the following:
It's $224 because redditors are abusing the system.
I don't have a problem with it because this is what bankers have done since the markets existed, cause massive fluctuations in price and make the little guy close his position at a loss. I don't think there's been a point ever before where the shoe was on the other foot and the little guy made institutions lose money.
It's nothing to do with valuations and what's under or overvalued, GME is a shyt stock and a shyt company. It as a whole probably won't make to the end of this decade.
The only question now is what the fallout is going to be. Wallstreetbets has tasted what it's like to move the market, so I doubt they stop here. More than likely regulators are going to get involved and the subreddit will be closed, only so long you can make them look foolish before they get rid of you.
Give it til the federal reserves stops propping up the market, my guess is you'll see changes across the board to prevent another GME squeeze from happening again.
It's $224 because redditors are abusing the system.
I don't have a problem with it because this is what bankers have done since the markets existed, cause massive fluctuations in price and make the little guy close his position at a loss. I don't think there's been a point ever before where the shoe was on the other foot and the little guy made institutions lose money.
It's nothing to do with valuations and what's under or overvalued, GME is a shyt stock and a shyt company. It as a whole probably won't make to the end of this decade.
The only question now is what the fallout is going to be. Wallstreetbets has tasted what it's like to move the market, so I doubt they stop here. More than likely regulators are going to get involved and the subreddit will be closed, only so long you can make them look foolish before they get rid of you.
Give it til the federal reserves stops propping up the market, my guess is you'll see changes across the board to prevent another GME squeeze from happening again.
No this is stupidity at its finest. GameStop economic model is not sustainable, its brand its low tier and its futures is horrendous.
I wouldn't go on that wallstreet bet shyt, I see they been the cause of all this and why the price is rising because they convincing people to buy this shyt so they can increase the value and cash out when their greed is satisfied, this gonna be ugly