After 4 years the GME floor is higher than its ever been for the last month. Just look at a 1 year chart (when in doubt, zoom out). Gensler is out, Trump is in, Nunes has already put the short sellers on notice for RICO violations.
So now they are pulling out the bigger MSM guns. Its a desperate attempt to stop FOMO.
And the store closures were in Germany where GME have just ceased operating:
Looks like a normal hit piece on GME. a lot of FUD, with no facts on how many stores they plan to sell.
They also didn't mention the fact that they have zero debt and 4.5 billion in cash.
Articals like this tell me to buy more. A lot more.
Fox News aired positive news for GME last week: https://old.reddit.com/r/Superstonk/comments/1hcy40b/first_stop_50_next_stop_100_plus/
Then DailyMail suddenly did a hit peice like the next day. This Breitbart article is a direct repost of the DM article: https://www.dailymail.co.uk/galleries/article-14190017/Major-video-game-retailer-plans-widespread-store-shutdowns.html
After 4 years the GME floor is higher than its ever been for the last month. Just look at a 1 year chart (when in doubt, zoom out). Gensler is out, Trump is in, Nunes has already put the short sellers on notice for RICO violations.
So now they are pulling out the bigger MSM guns. Its a desperate attempt to stop FOMO.
And the store closures were in Germany where GME have just ceased operating:
https://old.reddit.com/r/Superstonk/comments/1h88bby/its_oficial_now_gamestop_goes_dark_in_germany/
Thanks. I knew about the 300 stores,I didn't know or forgot they were all in Germany. They write shit like this to prevent FOMO buying.
Seeing non financial MSM like DailyMail doing anti-FOMO hitpeices is extremely bullish.
They would just not report it at all if they werent afraid of FOMO.