GME

AffectionateHawk4422

Stay behind your thesis. No stock will ever go up infinitely. Is unrealistic even GME at some point started to go down and completely crashed. You have a thesis that it will do down? Double it. Balls or nothing.

mirceaski

Buy GME maaaan

HighArctic

lol a friend of mine has a limit sell on his GME for 420.69

cousintommb

TSLA is GME for hedge funds.

molinasnecktat

Only on Reddit does everyone hate elon and Tesla, it’s amazing. They got caught in their own echo chamber, most of these regards came post GME and are poor af anyway.

derekjayyy

How do they end up making money out all of this? Probably going to end up like GME, but who knows

PaulslandEtsy

GME

RickySitts

GME ripping

merica_b4_hoeica

I didn’t say hold GME in all of 2023/2024. I understand opportunity cost is not in your favor for GME maxis. I’m saying this week is a good opportunity before the rocket launches.

Lukiaffe

RKLB AND GME moons

hfbvm2

Regards gave pumped up GME 10%. Just waiting for the ceo to fuck them again. So they can buy more stock and put it in their

gnygren3773

Ah yes GME the stock that trades purely off of fundamentals

Spiritual-Figure358

We back on that GME train

MrOnlineToughGuy

I experienced this with GME always wondering what could’ve been had I done XYZ. Don’t sweat it; 36x in one day is already nuts.

LonnieJaw748

GME EPS is $0.06 vs forecasted -$0.03*

chiBROpractor

yeah I mean, people shit on GME for being a cult but popcorners are a different breed entirely

big4waspointless

How is GME up?

AdPurple4902

It’s GME want to break out but won’t

Dukiedushie

If you want a trading meme stock swap GME with PLTR, it is about to correct creating a good put opportunity and later on a good buying opportunity. Great company, bad valuation, plenty of money to be made for all!

Hugheston987

Nice, for me it was GME. You never forget your first. Don't double dip. Greed destroys gains. Once you exit, move on.

big4waspointless

How tf is GME pumping

SpaceLoud8017

There can be only one. GME.

frumpydrangus

When GME was up 13% AH I got downdooted for saying it’ll ended up opening -5%. 

TheGDC33

GME🤣

LostFaithlessness201

GME looks like was RKitty was trying to get traders to get the price up, problem is earnings always look at the company performance, if it is rubbish it will go down or stay flat

Obvious_Profit1656

GME

ambassador321

If you've been paying attention at all (as it looks like you have), you would be crazy not to have any GME in your portfolio. Toyota started as a weaving machine company. Berkshire Hathaway was a textile manufacturer Netflix used to lend you DVDs GameStop has 4.6 billion+ in the bank, and seems to be working hard behind the scenes. Big plays or big acquisitions are likely on the horizon as they transition. Will be very interesting to see how the stock performs when actual news comes out.

After_Barracuda_5341

GME!!!!

Mikiino

I would love an explanation on why once in a while GME price raises rapidly, along with what used to be a highly shorted stock and is completely unrelated to Gamestop, KO\*S.

Sandvicheater

GME trades like bitcoin or every other crypto currency, it trades on feeling and market sentiment with little to substance for the underlying value

prometeus58

Do we really have to wait till January for GME to moon?

mithyyyy

>The elephant in the room is the existing short position and continuous manipulation on the stock. Which can both positively (May & June) or negatively (June 9th) effect the stock. then just focus on that. if you believe in MOASS theory or what not, i think it's completely fair as an individual investor. i personally don't subscribe to such a theory but again, that's irrelevant to your positons. > To increase debt for strategic growth, while shutting down unprofitable stores and operations is contradictory. They cannot do both, and have been choosing the latter and are now primed for strategic growth without any debt. They have as much cash on hand as fucking Home Depot. There is a lot of opportunity, and yes I agree, guidance is something I would require in the near-term, but thus far, the company has been doing very well for my investments without it. ok two things. A) comparing their cash supply to Home Depot is not a fair comparasion at all. HD can generate significant cash flow on its own to generate the cash position it has today without significant dilution, an action with GME had to take since their cash flow aren't consistently increasing capita; B) it's absolutely fine for them to do both, shutting down current locations and spending current capex on new strategic opportunities and ventures to enter. you're positioning debt as if it's a bad thing, but gamestop literally has more than enough cash to take on debt to really rapidly expand and they just, aren't, shit i said this earlier but with their war chest in a high interest rate environment, they can easily outcompete competitors in capex spend because they aren't burdened by interest. yet they legit don't. look, if gamestop is a meme play and not based on serious fundamentals, i

tard-eviscerator

Tesla raises capital for Capex while GME does it to buy T-bills lmao

Buuuddd

GME is up from 2 years ago. Why would you think in 2 years the stock price will be lower? They're only going to become a stronger company.

aserenety

You can also do GME, C3.ai and some of the quantum stocks that have rallies

MrOnlineToughGuy

That is not true and it’s already been discussed many times. Short interest can exceed 100% without the existence of naked shorts. GME clowns don’t like hearing that, though.

_pack_a_punch_

RGTI is the new GME

MrOnlineToughGuy

GME apes can’t prove either, so it’s rather moot.

Rare_Tomatillo_1183

Pray for me and my 1k GME shares

MrOnlineToughGuy

Dude has completely pulled the mask off at this point. GME apes are all about helping their communities when they get their bag, yet the CEO is a billionaire MAGA clown that doesn’t share that same interest. They’ll still fellate him anyways!

MacnCheeseMan88

No, I dont think GME is looking to be bought. I think they will be looking to buy. They have a huge cash pile and no real business. At some point they have to do something.

InsaneGambler

GME's final form is gonna be a hedge fund, the same thing that apes hate lol!

stumblios

Plus a history of using cash wisely. I've tuned GME out for a couple years, but has RC made any successful pivots with their cash pile? If not I wouldn't be surprised to hear they buy some Bitcoin soon.

pickupzephoneee

I’m a millionaire off GME lol. That little pop back in May? I had 10,000 shares at a cost basis of $13.50ish. I sold at $35, then bought back in at $20, then sold again at $30, along with a few hundred options at $25. Ain’t no bag holder here lol, I’m done boy. Why you think im talking so much shit lol

MickeyMan_

The leaps on GME are quite expensive now, yes. Give them two weeks, and they will likely be more than half today's value. And then, on next kitty tweet, they will double again. Or more.

Muddy_Bottoms

It’s traded really flat for a long time, and you’re basically hoping it squeezes, there are other companies with short term growth where you’ll see some immediate growth on your leaps. I don’t generally hold my leaps til expiration so my Strategy might not be the same as OP.  OP can also only afford 2 $55 Jan ‘27 expiration leaps. If the share price doubles by Jan 2026 op has only doubled his money. Might as well buy shares. I think there are better places to yolo $2k on leaps.  I’d rather play GME with a modified wheel strategy.

MrOnlineToughGuy

Nah, we will still be hearing about this shit in 10 years from GME apes.

MrOnlineToughGuy

And yet none of the GME apes have been able to prove that all of these naked shares exist. A trip to their “DD” library shows coke-fueled “research” on the matter.

MickeyMan_

What made you say that GME is not a great leap play? Just curious, not criticizing. Sure, it's never a good idea to buy leaps on anything at max IV range, but after volatility crush (GME just had earnings) it should work out pretty well. I think.

marcothenarco16

GME!!!

bobsmith808

GME after IV crush tomorrow. Thank me in 12 months

Loga951

Who knows why they bought them. Just black rock alone increases their GME holdings by 43% Last quarter. Vanguard + 25% Citadel + 2344% Are you getting the picture? Plenty of 13F filings just in the 3rd quarter.

Muddy_Bottoms

I am heavy in GME but I don’t think it’s a great leaps play. I have a chunk in HIMS on a 1/27 leaps that’s been paying off 

SuperDuckieee

This sub is wrong on TSLA. This sub is wrong on NVDA. This sub is wrong on MSTR. This sub is wrong on PLTR. This sub is wrong on GME. Good riddance! 😂

Hot_Panic2620

you're failing (purposefully or accidentally) to understand that you're ignoring a much more glaring issue with GME's financials. Their revenue is shrinking FAST and their operations are still producing losses. GME would have higher profits if they literally shut down every store. Yes, lots of companies invest their unused cash to *add onto* profits from their underlying business. GME's underlying business is actively hurting profits.

holycarrots

The company keeps expanding their operational losses and tanking revenue, while depending on dilution to fill the gaps. I'm not concerned at all about retail investors. Most retail investors are sitting on huge profits while everything is making new all time highs. It's pretty much only GME investors that are stuck holding bags in this bull market.

skuxy18

No, I'm saying they are profitable with the largest ratio of debt-free cash on hand to market cap. And seriously, [here](https://companiesmarketcap.com/companies-with-the-highest-cash-on-hand/page/8/), try find me a company with more cash that is debt-free, in relation to their market cap that beats GameStop. GME was -$105.4m in net profit in 2021 Q3. And are now $17.4m in profit in just 3 years. And that includes core operations moving towards profitability. Again, I don't understand the negative sentiment, why not just admit that is turning around?

SweetJoones

As far as I know, this is what they said «The Company does not anticipate any further at-the-market offerings involving the offer and sale of its common stock during the current fiscal year.» that reads to me that they may dlilute this year, but most likely will do it in February or march. Doesn’t matter, because GME people will delude themselves that anything is positive anyway.

holycarrots

It turns out that nobody wanted to buy their products, just like GME

Phoenix_Exploer

Nah that is AMC. GME have barely diluted their stock and when they have, it has been for cold hard cash. AMC does it willy nilly just to pay their interest payments haha.

NotAFishEnt

Why not both? Algos that are pumping and dumping on retail? GME fans seem to jump back and forth a lot between saying that it's a retail revolution, and that retail is inconsequential.

Bada_Bing_NJ

I call it an education payment. Most retail gets hit first starting out. Don't let it deter your future plays! When I started in 2020 i was down 1k until I bought a uvxy calls month b4 lock down and 2 GME calls.

UnrealCaramel

Not disagreeing with you as you are correct but they did say in their filings today that they have no plans for anymore dilution. But everything else you said is spot on and if GME does pop to 40-50 on high volume I wouldn't put it past the CEO to reneg on the no more dilution.

tpg2191

The point is GME has a dog shit business model.

Alertedspark

Ok I am new to trading but the GME event is over right? The only reason it still has attention is because of that. It went crazy high because people pumped it up. The actual business model is dying. The future is digital media and unless GameStop does some drastic business mode changing the only thing they have going for them is maybe maybe used console sales. Used discs is ok but it ain’t gonna be viable for very long. New discs is dying. I was a hardcore physical media holdout but it doesn’t look good. I buy most of my media on a hard drive now. So what are you all talking about? Trying to pump the stock up again? In theory that can work but there’s a reason they made a movie about it.

ObviousDoxx

I think you’re underestimating the size of Vanguard, unclear as to why Vanguard own such huge amounts of so many companies, and are using this to point to the definitely-coming MOASS. The issue is that it’s not worth engaging with because it’s connected to an entire other network of beliefs you have about GameStop that hold it up. If Vanguard buys GME, it’s because they’re covering their asses for when it squeezes to a trillion+ market cap. If they sell, it’s because they’re trying to dump the price to shake apes out.

LonnieJaw748

You’re comparing something that is irrational to something that is rational. There is nothing of value to glean from such a comparison because the two things are so far from being alike except the market category the companies fall into. It makes no sense that GME trades at an P/E of 209, but yet it trades by the millions every day the market is open. Stop saying that comparing these things makes any sense.

redditdubbin

Most, if not all, options players start out with one or 2 lucky plays then soon snowball into loss. Think of it as tuition fee for learning. It's from there that you need to keep your own notes and try to improve upon it. Test new theories and stick to the plan. Every money play is money you must be willing to lose entirely. That way it'll keep you from yoloing everything at once. A few good starting points: 1) Consistently play a small amount at a time regardless of your wins or loss (personally I do 1.5k till I got better). That way you'll start to get a feel from bad plays to good plays. Eventually you'll develop a sense for good plays. STICK TO IT FOR AT LEAST 6 months before upping your risk! Technical research can only take you so far, you still need a good eye/sense. 2) Treat every new week as if a new algorithm is at play. Some weeks are good weeks. Some are sideways. Some are bad. 3) Buy low and sell high. Use RSI or Keltner channel to determine when is low and when is high. <-- Key shit right here. 4) Learn and use EMA while you're at it. Those are the lines that xyz stock will rubberband back to ragardless of the ups and downs. It'll also teach you the strikes prices to play for. 5) You need to learn when to cut losses/ gains. 20% up or down is a safe time to cut especially when you're just starting out. But you need to stick to it for awhile before changing that 20% for other numbers. 6) Mimic some youtuber plays and learn from their game plans and what technical indicators they use. Do not follow blindly into what they tell you to buy/sell though. They'll pump and drop you down for their gains. And TBH you won't learn shit if you just follow all their plays. You must learn. Not follow. Don't trust their subscription plans. Learn bits and bits from one tuber to another. 7) Use AI! For when you have some things you don't understand. I can't tell you how much I learned from the AI since I started. I use perplexity myself. Use youtube to learn! And Ai to ask! or ask in Reddit! 8) Always check news daily for things that will affect the market. Wars, Acts of God i.e. Tornados, Presidential elect, XYZ stock news you're eye on. Then there's key dates like FED cuts, yada yada. Ask Ai for the key dates. 9) Keep open tabs on some reddit subs to catch wind on news shit. I use worldnews (for news), unusual whales (for congressional investor news/news), wallstreetbets (news, hype stocks), superstonk ( Don't follow GME if that's not your play, but they teach you how to read key data sheets that are essential to any stocks if you go into the rabbit whole) 10) Treat your investment game like an actual class you're trying to ace. Keep NOTES! Keep screen shots!Remember them! Reread them weekly! I reread my shit weekly. Well I try to. 11) Last but not least, once you're edu'macated enuff set yourself a daily earnings goal and see if you can consistently hit the mark for an entire month. A good starting one would be to earn 200 bucks every day for 1 month. It's both very simple and hard to do. I'll even tell you how to do it: Just stop playing once you earn your 200 bucks for that day. That's it. Why is it hard? Your greedy monkey brain wants to keep playing with the rest of your money at hand. And that is baaaad. You'll end up losing money for gambling too much. This is meant to teach you to be disciplined. Once you're able to hit 200, move the goalpost and up it to 500 daily per month. Well if you made it to the end. Congrats and good luck.

PuzzleheadedWeb9876

>You can’t compare GME to any other security as it doesn’t move with any normal rationality that we see in similar securities. Of course you can. There are metrics we can easily compare. Right off the bat a P/E of 209 when the average for specialty retail is 24.

LonnieJaw748

You can’t compare GME to any other security as it doesn’t move with any normal rationality that we see in similar securities. So no, I don’t compare apples to galactic space oranges.

Complex-Tension8760

Price run up, on GME?

Maleficent-Theory908

I noticed the MOMENT that mod retro came out, all used games went up in value 100%. Used to almost throw them away. Now they are much higher in value. From Ebay, pawn shops and Gamestop. This not only brings higher value to the owners (second hand resellers like GME) but also the market overall. Another positive movement in the Gamestop world. Brick by brick. I more fascinated with this turnaround than my monetary investment. I never thought it was possible initially and I was right there with these other naysayers. After spending a lot of time reviewing, I came to the conclusion to invest. I have a decent cost basis and I am in the green. In 2 years, if this momentum maintains, I am excited to see what it turns into. That's why I am not selling. These are my opinions that vary from others and I can profit from my style of investing.

poop-azz

It's become a cult but they've unveiled much that goes on behind the scenes that most people here won't understand wtf or how the fuck it works. swaps and all that bullshit with FTDs and idfk butbita shenanigans. This is reddit so there's those who will act as if they are above GME and thats its trash and they are the same people who say Tesla is trash yet it moons higher and higher. Bottom line is no one knows. But DFV is the guiding light dude made 500 mill off 50k he clearly know a thing or 2

Ap3X_GunT3R

Firstly, bag holders isn’t an insult. Bag holder is slang for being in the red for awhile. Ex: I’ve been a bagholder of SoFi for years. Secondly, making an unprovable claim that a majority of GME investors got their averages down close to the “bottom” before a run is an example of getting defensive.

acceptablerose99

Because vanguard and blackrock buys some GME as part of its broad market index funds that they offer to investors.

mamaboyinStreets

GME albeit significant cash holdings has been really slow at pivoting. It really is a casino bet tbh

carzon_in

It’s not part of their core business, it’s an important distinction to make. Investors in any business would rather have the cash to invest themselves over T-Bills sitting held by GME. They will shut down if their normal operations don’t turn around regardless if they show a “profit” in t-bills.

Majorinc

If you’re red in GME with the amount of time you’ve had to average down that’s pretty sad. They’re trading at 120 pre-split.

Findethel

That's fair. Lol, the hate against investors who have some GME shares is real though, I'm totally down for legit conversation and even concede that it's a speculative investment and still downvotes abound. Memes aside, investing in GME feels more like a venture capitalist move right now. Its essentially buying into what a person assumes Ryan Cohen can do with the GameStop name/brand recognition and ~$4.6b cash.

Equivalent-Coat-7605

GME flat 

Maleficent-Theory908

Excellent points. Ill entertain briefly: The PSA is just starting and agreeably lower revenue at the moment. The estimation you made may or may not be accurate, however their new partner, Nat Turner, has a special project in the cookbooks. He is the CEO of Collectors that is very lucrative and he has a vestment opportunity in play. Hold that thought and try not to hold such pessimism. The concept is positive and the returns are growing. As for the Mod Retro, I agree its $200 price tag is high. This is common with consoles and their initial roll out. Even with the price tag, its sold out in stores and only available by mail order. Again, these are just stepping stones where as the company now has such little expenses and multiple new revenue streams. Their EPS is growing and nothing but positive growth. No debt, every dollar earned stays in the pocket. Huge assets and over 4 billion (with a B) has endless potential for an upcoming acquisition and merger. This thread is merely my chance to give an insight to the fair question posed. This may not be the stock for you. I had a nice play today in Rigetti! I hold RKLB and about 30 other stocks. I find this GME stock as a value for me. Maybe not you, its your call.

StuartMcNight

That the current GME is less valuable than the cash they have in hand because their business is losing money and only the interest payment of that cash is keeping them in the black. And the cash in hand values them at $11-12 per share.

acceptablerose99

The point is GME is grossly overvalued on a per share basis when closing down the company and sticking everything in t bills would massively overperform their core business (which has lost money for years with no plan to turn it around in sight)

acceptablerose99

Shorts made bank long ago and cashed out. There is zero evidence of massive shorts on GME anymore.

1992Prime

Retail investors of GME are largely in favor of dilution because it greatly benefits the company and the outstanding shares is estimated to be much larger than the stated float. So if the float is fake then who cares, free money.

Findethel

Lots of people seem to feel strongly about this one. If people feel SO strongly that it's bad and going to die, why not short it? In non GME subs I see lots of hate and negative sentiment but never once seen someone put their money where their mouth is and short it. As a disclaimer, I have some GME. It is absolutely a speculative investment though no matter how you slice it.

NonOfYourBussinesKid

what do you guys think about adobe? GME and Oracle played it bad on me so i need to recover