FYI, there was a post made in Dec '23 by someone who studied the TA (technical analysis) of GME. At that time he made these three predictions about GME...
$62 in April '24
$89 in July / August '24
$331 in Dec '24 / Jan '25
As far as the first one, it hit $64 in May, so he almost nailed the dollar amount perfectly, while missing the date by a bit. Seeing how accurately he called that (six months in advance) makes me anxious to see how his second forecast pans out.
Yea but it quickly dropped back down to the twenties. I don’t want to sell but if it’s just going to pop the next day I feel like I’m a dummy for not cashing in and buying back.
Correct, he was predicting the cycles. I'm thinking about selling about 1/3 of my shares on the next spike, and then buying back in when it drops back down.
If I'm not mistaken they can offer / sell more shares with the next pump up to double their cash holdings again, that is what I was expecting. It will dilute and drop the value back down into the $30s.
I have an idea about selling some shares and this is not financial advice... but if the market is not melting down, gold and silver are not up 500-1000%, then it is not the real MOASS. Which means what goes up must come down, based on fundamentals. We won't ever see $10 a share again because they've got 4.2 billy in the bank. Average up, average down, but take some gains when it rockets so you can go in deeper or make life better.
Remember that DFV tweet about Amazon vs GME value and price of stock. I think it was around $24k. And my analysis shows it could hit the price around Jan-March 2025.
FYI, there was a post made in Dec '23 by someone who studied the TA (technical analysis) of GME. At that time he made these three predictions about GME...
$62 in April '24
$89 in July / August '24
$331 in Dec '24 / Jan '25
As far as the first one, it hit $64 in May, so he almost nailed the dollar amount perfectly, while missing the date by a bit. Seeing how accurately he called that (six months in advance) makes me anxious to see how his second forecast pans out.
Yea but it quickly dropped back down to the twenties. I don’t want to sell but if it’s just going to pop the next day I feel like I’m a dummy for not cashing in and buying back.
Correct, he was predicting the cycles. I'm thinking about selling about 1/3 of my shares on the next spike, and then buying back in when it drops back down.
If I'm not mistaken they can offer / sell more shares with the next pump up to double their cash holdings again, that is what I was expecting. It will dilute and drop the value back down into the $30s.
I have an idea about selling some shares and this is not financial advice... but if the market is not melting down, gold and silver are not up 500-1000%, then it is not the real MOASS. Which means what goes up must come down, based on fundamentals. We won't ever see $10 a share again because they've got 4.2 billy in the bank. Average up, average down, but take some gains when it rockets so you can go in deeper or make life better.
Just put in a limit order for $90. I am not missing out on the pop this time! Watch it shoot to $300 and never come back lol
Remember that DFV tweet about Amazon vs GME value and price of stock. I think it was around $24k. And my analysis shows it could hit the price around Jan-March 2025.