We are the proud owners of DWAC and <1 share of GME (traded for my measly Dollar General starter stock). It's all down so much. Will we see a bounce back? I'd really like for this to pay off! I invest with a set amount of money when I can. Could this be one of those stocks that people wished they'd bought into and kick themselves for not doing so?
I am still learning and it's taking awhile for it to click in my noggin.
That is a claim made by the touts.
PROVE it.
YOU read it, and then quote me line and verse where it specifically says that. Good luck.
If I remember correctly, they shut down due to poor overall performance in a bear market environment, but NOT a blow up of the fund. So, it is NOT evidence for your position.
LOL. There are TWO ways to know that I am not Jim Cramer:
(1) I predicted that a stock (any stock -- in this case, GME) would go DOWN in price, not up, and did so during a bull market, and
(2) I was right.
That has NOTHING to do with the FACT that they are losing money, which is my point that you quoted and (tried to) respond to.
Do you not know the difference between (a) profit and loss, and (b) sources and uses of cash flow?
Have you read the Cash Flow Statements? Do you know what they are? Nope and nope.
I already addressed that: They do NOT have zero debt, and they DO have over $1 billion cash ($1.2 billion), and that is BECAUSE they diluted the stock to do it -- right AFTER the big short squeeze, which I PREDICTED A YEAR AGO they would do (right here on GAW).
So, stop shoveling the bullshit. It's getting a little deep and I don't have my wading boots with me.
KEK
Tell me: What is the current burn rate? I doubt you know what that is, but hey ... it's the internet and you can look it up.
Funny how I am the one who DID refer to earnings reports in this thread, even though I have NO INTEREST in the stock, while YOU have NOT ONCE in this thread referred to anything in the earnings reports until I brought it up.
We both know why that is.
Again, show me where in the SEC report it says that.
Finally, we agree! That statement was my opinion -- which I concluded based on facts.
Your opinion seems to be based on what bullshitters have fed you, and you have not done YOUR OWN due dilligence.
I do NOT own (or short) GME ... BECAUSE I did my research. And I have been right over this past year about both the stock price going down AND that GME would issue more stock.
You, OTOH, have been wrong. What is your excuse?