Hold onto your butts....banks/hedgies going to be selling huge chunks like on Friday with this bill hwang fall out..... Goldman on Friday and hearing about credit suisse now
Yeah saw that the other day.....hedgies need to let this pop so it can crash back down and they can recoup loses on the way back up and when it pops if they bought some calls and whatnot Finished after-hours at 291$....57%increase on the day I don't think gamestop is going to help them out by issuing shares after they shorted them down to like 4$ a share
52% increase today....everytime there is no manipulation the thing pops off Guess we should expect some fuckery tomorrow Open at 123$ and about to break 190$
Well that's because the down pressure has been manipulated hardcore.....you don't lose 30% on 10mil volume or whatever it has been dropping last few days
Well that's because the down pressure has been manipulated hardcore.....you don't lose 30% on 10mil volume or whatever it has been dropping last few days
Back on the move up....I ain't going to lie, I'm hoping this thing gets over with soon...this rise and then get manipulated down then rise again is getting old....I just want my $$$ so I can reinvest and not check portfolio everyday
Lots to be determined for sure...who knows how long until everything is digital. Depends on if the masses go along with it or not. As for the Amazon bit ; Why is there ups and fedex, xbox and playstation....options are good and needed Also just off of memory I believe there was some reddit math that if gme was valued like a start up it's price based on cap/sales and whatnot would be around 100$ per share....the price being driven down below the fundamentals is what started all this
Ryan Cohen came onboard in December,he was the ceo of chewy.com...made billions on pets... Game industry>>>>>>>>>>>>>>> pet industry With him gamestop is expected to pivot to more online sales and delivery (already delivering same day). They will discard the stores that are not needed and keep strategic ones as delivery hubs, which will lower overhead drastically. Plus they are now moving into pc parts and there is talk about adding computer repair/build stations Could also potentially start a streaming service or just buyout steam....they already have the infrastructure and deals in place with all the big players in gaming. That's the jist...
That is the big secret...what does everyone own...I've seen screenshots of bloomberg terminals where institutional holds over 100% and the some of the math reddit throws out if half of the 9.5 million users hold on avg 10 shares that is 40mil shares For perspective..I had 15 originally in December... sold during first pop...got back in at 40$ with profits for 25 shares and after selling for some profit at 220ish on fall from 300+ I'm still holding 10 shares
I'm holding some shares still but I'm glad I sold for some profit back at like 220$ after fall from 300$....but this thing needs to start heading back up I feel like the fact it hasn't tumbled back down to 40$ is telling...but who knows what the fuck will happen Sent from my moto g play (2021) using Tapatalk