HODL the line !!
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I bought DWAC, and glad I did, obviously, but it is nothing similar to GME.
GME is a situation where crooked hedge funds got overly cocky, because they’ve gotten away with committing crimes for ages. For the first time, someone (all of us “Apes”) put our collective $ together, and now the hedge funds are backed into a corner with no way out. They’re delaying their inevitable demise with every trick in the book, but they’re running out of options. GME is potentially going to be a once-in-forever opportunity. Honestly, I can’t see any reason why anyone who is able to afford even a couple shares doesn’t jump at the opportunity.
GME is a once in human existence opportunity. I have tried to get my friends to buy one share but they don’t believe it.
I think DWAC is definitely a good investment opportunity and people who buy and hodl early will build wealth but it’s nothing like GME.
Exactly. I’ve explained the situation to a bunch of people, and about five friends so far have bought several shares a piece, but other people can’t be bothered, oh well.
But in the reverse of that…. I know that my ex wife has a lot of holdings in her IRA, so I casually mentioned that she should buy A FEW shares of GME. She said she’d look into it. Well, I guess she liked what she saw because a week later she told me she sold most of her AAPL and bought 1,400 freaking shares! That’s double my HODLing and I thought I had a lot. Unfortunately because it’s in her IRA she can’t DRS.
Read the Due Diligence on Superstonk. It will explain it.
Basically in a nutshell hedgefunds shorted GME. Wallstreetbets understood that they were shorting it and attacked the short positions. Now GameStop has great fundamentals and the hedgefunds never covered their positions and are backed in a corner. Hedgefunds shorted GME and other brick and mortars cause they knew of the plandemic. Trump countered the Great Reset with the vaccine and now GME is moving to become a competitor of Amazon.
Superstonk will explain the math behind it. If you are skeptical of it buy 2-3 shares on ComputerShare and leave it. $360-$540 is nothing in the long run.
This is not financial advice and I am a smooth brain crayon eating retard.
What is this computershare? Is it a traditional brokerage firm? Is it like robinhood? How long has it been around? Thanks in advance.
Lurk on /r/Superstonk and /r/GMEJungle, read some of the DD and soak in the info. I think it's about $180 for GME.
GME has been naked shorted and stock price was going down (~$4). Retail (normal people) found out it was shorted >100% of the float and started buying and the price rose up ($181 close today). Now retail owns the float and is in a position to name their price when short positions close and many others refuse to ever sell. With that said, Game Stop is a very strong company all on its own with heavy expirence in upper management, BOD, has no debt & $2B in cash with new plans to move beyond selling just games. The price remains low due to criminal actions keeping it low. Only time will tell.