GME approves 4:1 stock split dividend.
(media.greatawakening.win)
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Video games are certainly real. They typically are worth $60 when buying a new game.
In-game items aren’t worth anything to someone who doesn’t play video games or someone who doesn’t believe video games are real in the first place.
However, in-game items make up a huge percentage of revenue for video game developers. Activision, a developer of real video games, made $8.8 billion in revenue in FY 2021. $5.1 billion of that revenue came from microtransactions and in-game purchases.
Whether you want to admit it or not, in-game purchases are certainly worth a lot of money to people who play video games. Just because you find them worthless doesn’t mean they are worthless.
So if you want to believe the MSM narrative that GameStop is a failing brick and mortar company then that’s your decision. But I think we should all know by now not to trust the MSM.
People spent all kinds of money on stupid shit during the roarin' twenties, which period is analogous with the present time. When the free money finally dries up though, ALL money is directed towards necessities and bullshit like $1000 skins revert to their true value.
The only reason nonsense like this has value is because of all the liquidity being pumped into our economy. All of this has happened before, there is nothing new under the sun.