No market skills needed. They(wall st /bankers/cabal) shorted gme to oblivion to bankrupt the company. We all caught on before GME died(a la blockbuster, toysrus). They fucked with the wrong gamers. GME is where their game stops.
I find that it's easier to understand people when they utilize the logical side of their brain, setting aside the emotions for proper discourse that others could potentially learn from.
Emotions running one's mouth will shift a possibly smart discussion topic into weird directions.
Slinging insults at people to get a point across while also failing to discuss the matter with people of differing opinions is asinine. Generalizing people into a group for an opinion because of a disagreement with that opinion is an emotional discharge at best and fails to bring any meaningful insight to the table.
People sometimes need a nudge to use logic more often around here.
While I am biased (GME/AMC) investor I can tell you one thing for sure that is wrong with @rageous statement;
He claims we need others to invest so that we can ‘pull out’. The current stock price is what others are currently valuing the stock at and we can sell at anytime we wish at the current price. We don’t need others to ‘replace’ our investment if that makes sense. If there are no willing buyers at today’s GME price around $89 then the price keeps falling (supply/demand).
The real question you have to ask yourself is why are we having this conversation about a video game new/used retail store chain with a stock value of anywhere near $89 and market cap of 6.8B (that’s billion with a B).? If we simply look at the profit/loss and asset valuation this is roughly 7-8 times what the company and stock should probably be worth 9-13$/share. Why have the New Jersey and California public union pension fund managers and other institutional investors recently begun taking large positions in GME.? The reason is that there is far more going on here than meets the eye and standard company performance doesn’t explain the stock value.
In fact, GME has posted losses in each of the last 4 quarters with an ever widening failure between expected/actual earnings (fact). Yet here we sit with an average stock price at 10X it’s value 18 months ago, but yes down 80% from its high of $483. Something very very strange is definitely going on here with this stock.
Do your own research and come to your own conclusions about why all of these anomalies are occurring with this particular stock and then buy or don’t buy - the choice is always yours to make. But nobody here can tell you with 100% certainty what the future will bring and what the outcome will be. Investing is like fishing or gambling - you do your research and do whatever you can to increase your odds, and that’s the best you can do.
Flat day on the markets overall and both AMC and GME are up 10-25%. Nothing to see here folks - nothing is going on whatsoever - this is completely normal when there have been no spectacular earnings results, mergers/acquisitions etc....!
Just don’t tell me that nothing is going on here with these stocks
Can we get someone with market skills in this thread to debate?
While people may agree/disagree with @rageous statement, I think a well thought out discussion about it is appropriate.
No market skills needed. They(wall st /bankers/cabal) shorted gme to oblivion to bankrupt the company. We all caught on before GME died(a la blockbuster, toysrus). They fucked with the wrong gamers. GME is where their game stops.
Generally, this statement is true. This time, MSM is telling everyone to sell GME. I am buying, I'll buy some more for you.
Do some DD on shorts and my above statement and you will become a believer.
They already covered their shorts long ago.
You guys are just circle jerking each other at this point.
Cramer is that you?
yep sure is!
At least, you are rational. One of the few in this thread.
now kith.
I find that it's easier to understand people when they utilize the logical side of their brain, setting aside the emotions for proper discourse that others could potentially learn from.
Emotions running one's mouth will shift a possibly smart discussion topic into weird directions.
Slinging insults at people to get a point across while also failing to discuss the matter with people of differing opinions is asinine. Generalizing people into a group for an opinion because of a disagreement with that opinion is an emotional discharge at best and fails to bring any meaningful insight to the table.
People sometimes need a nudge to use logic more often around here.
While I am biased (GME/AMC) investor I can tell you one thing for sure that is wrong with @rageous statement;
He claims we need others to invest so that we can ‘pull out’. The current stock price is what others are currently valuing the stock at and we can sell at anytime we wish at the current price. We don’t need others to ‘replace’ our investment if that makes sense. If there are no willing buyers at today’s GME price around $89 then the price keeps falling (supply/demand).
The real question you have to ask yourself is why are we having this conversation about a video game new/used retail store chain with a stock value of anywhere near $89 and market cap of 6.8B (that’s billion with a B).? If we simply look at the profit/loss and asset valuation this is roughly 7-8 times what the company and stock should probably be worth 9-13$/share. Why have the New Jersey and California public union pension fund managers and other institutional investors recently begun taking large positions in GME.? The reason is that there is far more going on here than meets the eye and standard company performance doesn’t explain the stock value.
In fact, GME has posted losses in each of the last 4 quarters with an ever widening failure between expected/actual earnings (fact). Yet here we sit with an average stock price at 10X it’s value 18 months ago, but yes down 80% from its high of $483. Something very very strange is definitely going on here with this stock.
Do your own research and come to your own conclusions about why all of these anomalies are occurring with this particular stock and then buy or don’t buy - the choice is always yours to make. But nobody here can tell you with 100% certainty what the future will bring and what the outcome will be. Investing is like fishing or gambling - you do your research and do whatever you can to increase your odds, and that’s the best you can do.
Flat day on the markets overall and both AMC and GME are up 10-25%. Nothing to see here folks - nothing is going on whatsoever - this is completely normal when there have been no spectacular earnings results, mergers/acquisitions etc....!
Just don’t tell me that nothing is going on here with these stocks