Looking for honest opinions here, I bet you've all heard/seen/made money off of Gamestop already. What do you think about it's future? I honestly do not believe all shorts have covered and that there is still a short squeeze due. For all the people whom do not have exposure to Gamestop, why?
$GME
- Thread starter Moebius
- Start date
my opinion on GME...smart money made the most money off of it the past year. The squeeze squoze almost exactly a year ago...those who are still holding shares and thinking they are part of some epic, peasant class squeeze of tHe BaD GUys is little more than a delusional nincompoop trying to justify bagholding a losing position. 99% of the members of subreddits like r/superstonk are brand new investors whos meme skills far surpass trading ability...don't let yourself be influenced by the overwhelmingly optimistic viewpoint of ignorant bagholders.
Will it pump again? idk. Will it continue to stair step its way down? idk. I highly highly doubt it will ever be a penny stock again but i also highly doubt it will approach $500/sh again. At this point it would probably make sense to do a strong fundamental analysis before taking a position either way.
Will it pump again? idk. Will it continue to stair step its way down? idk. I highly highly doubt it will ever be a penny stock again but i also highly doubt it will approach $500/sh again. At this point it would probably make sense to do a strong fundamental analysis before taking a position either way.
This is a very honest opinion.
The future looks great and very bright.
It was good for day trading.
It will be good for day trading.
Investors, please invest in other things.
Be happy. Be joyful. Be thankful with day trading opportunities from gme
There is nothing to cry about actually.
There is absolutely nothing to worry about gme actually
The future looks great and very bright.
It was good for day trading.
It will be good for day trading.
Investors, please invest in other things.
Be happy. Be joyful. Be thankful with day trading opportunities from gme
There is nothing to cry about actually.
There is absolutely nothing to worry about gme actually
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Do earnings and future earnings estimates justify GME's stock price?
If not, it's just a "game people play". (Same goes for the other meme stocks.)
Trade accordingly.
If not, it's just a "game people play". (Same goes for the other meme stocks.)
Trade accordingly.
Trading meme stocks is pointless when there are far better assets out there that can be traded without the need of a subreddit needing to pump the share price while others unload. The vast majority will be stuck holding a big bag of hot air while everyone else moves on to the next shiny thing.
If a person's only play is trading meme stocks then they will likely not make it very far in this game. They will get it wrong far more often than they get it right. If you need a group of other people to tell you how to invest or trade you will always be at the mercy of getting in while everyone else is getting out, and since that encompasses the vast majority of meme stock traders then the vast majority of them will always be losing traders keyboard warrior'ing all the imaginary money they are actually not making just for the lulz.
Just curious what everyone thinks, I got in @ early november 2020 after looking into Ryan Cohen, I did not close in Jan 2021 (unfortunately) and have since increased my position by averaging up
Almost a year into Cohen becoming chairman, GME has yet to reveal a money-making strategy, which is what he demanded from management in the first place when he acquired his activist position. How ironic is that?
The NFT play is too fresh to provide any predictability on cashflow. Management could have tackled so many other opportunities in the industry, but instead chose to focus on the latest hype.
What drives investors to buy GME at this valuation is the same narrative that drove investors to pile into dot-com companies: the future is being built now, therefore valuation can be whatever we want. Pour a whole lotta need for vindication and you get a mob-think mania.
The NFT play is too fresh to provide any predictability on cashflow. Management could have tackled so many other opportunities in the industry, but instead chose to focus on the latest hype.
What drives investors to buy GME at this valuation is the same narrative that drove investors to pile into dot-com companies: the future is being built now, therefore valuation can be whatever we want. Pour a whole lotta need for vindication and you get a mob-think mania.
It won't, not even $200 a share this has never been a fundamental stock nor is it a short squeeze play anymore.
I bet if the truth were known, at least 80% of those WSB types had their accounts wiped out in the last month or so. Think the last one was bad, wait till we see what Robinhood's next quarter looks like.
DWAC is the new game(stop), but I doubt it follows the same pattern as GME,AMC, etc. did.
What's your take on this?
Was watching this when it was in the 40's but never did any DD to ever feel confident to take a trade. All I know is it has a bunch of crazy trump supporters on it.
Chart is on a C&H.
Perhaps it might just hit 100+?
Risky but def looks interesting for option traders.