GME up over 100%.... what is going on now?
- Thread starter Saltynuts
- Start date
TKAT Salty!
Never expect to see this on SA but:
https://seekingalpha.com/article/4414620-gamestop-why-stonk-is-still-deeply-undervalued
https://seekingalpha.com/article/4414620-gamestop-why-stonk-is-still-deeply-undervalued
GME is a ponzi scheme. They need suckers to buy the stock so the early buyers can exit with deep profits. Such articles will keep popping up from time to time. I'm surprised there is only one such article considering WSB has 10m members. They can hire billboards but cannot create articles on SA touting GME!
Years ago I got a call from someone I thought was a pumper promoting a pink sheet. I waited for the stock to drift from $.50 to $.1 picked up $6,000 worth because I knew the pumper was stuck. Like magic a Seeking article popped up and a tiny hedge fund starts buying from $.1 to $.50. Stock hit $4 and collapsed to $0, took about six months to unfold. I sold making decent money, the poor suckers who paid $2 to $4 got robbed because it tanked from $4 to $0.60 same day.
I would expect this on wsb every day but SA? Really?WOW! An article written by an anonymous poster on an internet forum. You can certainly take that to the bank.