|
I track GME, things are percolating now. "Its a meme" "It will go back to $20" "Its a Blockbuster vs Netflix" Wrong/ Wrong/ Absolutely Wrong. Gamestop at $160, its been over $100 to $150 for 10 weeks. Find a stock with more catalysts on the horizon: No debt/ Profits increasing/ A company transition is underway. Capital raise stock sale ( usually a negative) already in the companies pocket ( 550 Million)- and the stock price barely flinched.
Other catalysts 1. New CEO search underway- BTW checkout the "dream team" they have hired, execs from Amazon, Google, others from Chewy. AND many of these people are paid in stock 2. Activist investor presence- Billionaire Ryan Cohen I am paying a lot more attn to these, activism on their own dime on a mission with over 90M of their own money on the table stating things like "I am here to drive shareholder value" Remember Elon Musk doing battle with the shorts? Yea these guys are wired like that. 3. Old board members replaced. New board members incentivized by getting paid in stock 4. Share voting! Huge they will have the data on the vote totals to prove Wall St malfeasance like Naked Shorting 5. Huge short interest! All the measurements and reporting "melvin capital we covered our short" its all hogwash. All the big shorts did was hide their position using deep ITM calls and puts. Things spill out from time to time near the settlement dates making the real numbers look more accurate ( LOOKOUT MAY 14!!) 6. The SEC- Gary Gensler no friend of GME but he interestingly was sworn in on a Saturday a few weeks ago? Ok somethings up here. Read about the new regs aka rules they want to put in place to prevent contagion. Many rules that are either on the table ready for implementation or just weeks away from getting placed will expose the short sellers and we might just see a fireworks show aka the real squeeze 7. Institutional ownership is also still strong Blackrock owns 8 or 9M shares 8. Annual meeting coming up, Share recall? Dividend? Crypto announcement? ALL death nails for the shorts they are about to get trucked. Archegos Capital lost 20B in two days..Get ready for more headlines like that. Hedge funds will go belly up the SEC knows this and that is why they are upping capital requirements and positioning member firms where they can poach these defaulting firms assets when they default. There are Hedge funds that are short 10M shares what happens to GME stock when those are covered? "sure shortie we can sell you 1 share at $200,,these others might get a little pricey how much money you got? What price will they be covered at when there are margin calls on these hedgies? GME did less than 3M in volume on Friday..calm before the storm? Wait for 200M short shares covered .RUT ROH Raggy..thats a lotta $$ Getchor Popcorn Ready |
| We'll pump you up!! |
You should learn how to write more clearly. I lost interest after the first few sentences... |
Good luck bagholder |
| So, when did Gamestop last make money? Not for the last few years. I don't foresee them being an Apple that somehow rises from the ashes like phoenix. The big tell is that no big investor has come in. |
| Blew past $200 today! |
|
What's your view on AMC?
I should habe bought GME on the dip! |
| 10 paragraphs of nonsense rocket ship rocket ship rocket ship diamond hands! |
| remember: you are someone's exit strategy. |
Thank you for this. |
| Dumbest crap ever. It’s like gambling strategies. |
| Patience will be rewarded, my friend. |
OP here i grabbed a few AMC but honestly feel like its a waste of time.. a measly double or triple |
|
OP here thank you to the English police and bagholder alert folks. Ive got an MBA and DGAF what you think of my writing. I wrote about GME in December in this forum its a squeeze oppty of a lifetime.I already pocketed 6 Million on it I am back now to take my ROTH into 8 figure land.
A flash crash could occur today just like it saw on Mar 10.. the catalysts still align and regardless of the next 40-80 points up or down there is close to 500 Million shares short on this stock. A person named Marge N Call may be phoning a few Hedge Funds in the next few months. When that buying frenzy ensues it will be the getchor popcorn ready moment of a lifetime. No sky high share price will surprise me or anyone who researched this stock. Bankruptcies will rain down on a few of the major players they had their chance to get out but chose to press the bet..quite an epic miscalculation of risk and leverage. |
I'm glad you DGAF (sic) about bad writing. Because we DNGAF about your cocaine-fueled crap stock predictions! |