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.
[False alarm. Didn't need to go right away, but do now.]
Fair enough. Difference of opinion is what makes a market.
And the market offers massive profit potential, as well as being fraught with financial danger (especially with manipulators all around, and regulators who conspire with them).
I will say this: There is ONE thing that MIGHT have merit to the GME bullish case. If the NFT becomes a big thing, then that could make the difference. But if it does, it will show up in the bottom line numbers, along with an uptrend in the chart.
I'm a big technical analysis guy, and only look at the fundamental story for confirmation. GME has been in a sideways trading range for 7 months, at a time when much of the market has been blowing up. That is relative strength, and MIGHT point to positive move in the near future.
Of course, DWAC was doing the same thing recently for a few months, but then broke down badly. So, there are no guarantees.
If the technical picture changes, and the fundamentals turn around (which, from what I see, can only be due to NFT being huge), then I might join you on the bullish side. I don't work for anyone, so it would be my call.
Until then, I will sit in the stands and watch the bulls and bears fight it out.
Ok ... NOW I'm out (of this discussion).
Good luck.