>he didn't buy GAMESTOP stock under $6 explain yourself
dumbass boomers shorted more shares than actually exist because they actually thought it was going to be blockbuster, and now they can only break even if Gamestop goes to $0 in 2 years which is obviously not happening anymore >new console cycle >new management >revenue sharing with Microsoft on xbox >ecommerce up +800%
how can you play vidya but not make the easiest +1000% of your life when this ends up with a short squeeze like KODK stock soon?
I'm starting to see a bit more Zig Forumsposting on Zig Forums than usual and I don't know whether this is the analogue of the shoeshine boy or not.
Asher Carter
sorry im just trying to shill gamestop so the short squeeze will happen sooner before Q3 which will probably be shit
Julian Bailey
Even my postman is getting rich off of GME! Quick user, buy my worthless bags before they moon!
Levi Murphy
I'm glad for Reggie ngl.
Brayden Watson
It wasn't clear if it would survive, so I decided not to touch it Besides, I made BANK shorting NKLA and investing in NIO a couple of months ago
Jaxon Smith
I bought when they were around 3$ but sold like a week before this because got tired of waiting, so I sold at 7$ a stock. I fucking knew I should have waited.
Robert Thompson
I think the upcoming launch will be the peak. I bought back when they were at 5, kicking myself for not doubling down when it was at 3. Do you think its going to go higher than when it will spike for the console launch in a month? I honestly doubt it but I'm open to being proven wrong.
Xavier Wood
it's just gambling addict day traders.
Tell me when you're consistently, long-term outperforming the S&P 500.... still waiting.....
Bentley Rivera
not too late honestly. I kept averaging up that my cost basis went from 5.84 to almost $8 at this point
especially since news of the Microsoft revenue sharing, pic related was some 1% shareholder's updates TWO days before news articles started to report the clarification (the day it spiked up another +20% this week) if i wasn't a pussy who didn't touch weeklies I would have made an east +400% there
Zig Forums is without a doubt the most intelligent board on 4channel so you should really take their advice.
Ian Miller
Damn! That's too good a deal for Gamestop, how did they manage to get something like that?
Jacob Flores
Zig Forums is fucking shit with 99% crypto shilling make your own decision on GME . Here have free ortex data to see that short interest haven't started covering yet, pic related and look at GME's financials, gross margin still better than Bestbuy. Revenues still ludicrously high for a market cap less than 1 billion. Thank the fuck that the new board members are actually turning this shit around, even Reggie is helping by making sure Gamestop gets more than their fair share of Nintendo products
if Q3 ends up being decent (coinflip gamble though), these retard short sellers will finally panic and start covering. They really thought digital consoles, free to play, game pass would kill Gamestop. And they were probably right until shit shifted massively for Gamestop the last couple months. Digital consoles a small minority of preorders, Gamestop getting a cut of digital games and DLC even if they don't sell them directly, etc
Why the sandwitch fuck would Microshit ever agree to this?
Liam Roberts
So what programs to you guys use to flush your money away on stocks? I heard Robin Hood is a meme.
Jordan Lee
Yeah, Sony is fucked
Jack Reed
Gamestop to Microsoft, Sony, Nintendo is what Toys R Us are to Hasbro and other toymakers. Toymaker profits got fucked significantly when Toys R Us went bankrupt
why is it surprising? Gamestop has been closing down stores consistently because 2 Gamestops in the same mall is retarded, but they continue to have massive brand presence (and hate) across the country All up to the new board members to actually turn this shitfest around, CEO has changed like 5 times the last decade because boomers are retarded, but it's finally taking a turn around.
I'm selling Gamestop once short sellers cover though
>so that ONE a dying retail chain "pushes your console" i'm not buying GME in 2013 at $50 bro
i bought the new undervalued GME in 2020 under $6 Balance sheet healthy as fuck at NET CASH $5/share Declining revenues because of a bunch of fuck ups from previous years, but you have a bunch of new management who's managing to turn it around, landed the Microsoft partnership (who is closing down Microsoft stores permanently already, so take a guess on what's going on here), e-commerce growing rapidly and posed to grow further with Ryan Cohen as an activist.
verify your own DD and make your own decision. Im just doing this so i can laugh at you later and say "i told you so" when I sell this shit for $50
no one thought KODK was worth $60 but someone bought it for $60 this year either because they were retarded or they were forced to because of how short selling works
I invested in novavaxx when I started investing in January. I got 1 free share for making a robinhood and bought 99 more shares for 400 dollars. Guess how much they're worth now...
Juan Russell
Once again a Microsoft policy fucks up the gaming business. Why are they saving this piece of shit company? We would be better off if GameStop didn't exist. Why does anyone defend Microsoft when all they do is destroy this industry.
Chase Morgan
>franchise was already getting the shit kicked out of it due to amazon, walmart/target, and digital sales >Covid >I THINK I'LL BUY STOCKS FOR THIS COMPANY Nothing about it said "wise investment"
Matthew Brooks
>he didn't buy amd back in 2018 OH NO NO NO
Carson Powell
I honestly don’t see it getting much growth. They’re only up because they’re basically guaranteed to not go bankrupt in the next 24 months anymore.
Levi Edwards
Microsoft will be the new EA.
Once their plans dont pay off as they wanted, its off to the gallows for the companies. Say goodbye to niche bethesda/id franchises, to obsidian etc. Look how haphazardly they dropped mixer and all their users. Just saw the numbers and cut the cord.
Angel Reyes
Yeah but ~10% dividends? Not only have my shares almost tripled, I've made a hefty amount on dividends.
then you're a brainlet who doesn't understand the implication of >100% short interest of OUTSTANDING shares on a company with a healthy balance sheet that survived to the start of a new console cycle against all odds
Borrow rates are 50% right now, meaning short sellers only breakeven if Gamestop goes to $0 in 2 years. I don't like Gamestop either, no one in Zig Forums does, but you'd have to be delusional as fuck to think that Gamestop is going bankrupt anytime soon now that the new consoles weren't delayed as feared due to covid
I didn't buy GME last year, I bought GME in August when everything was clearer. 2023 bonds are already back to trading at par
