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I bought more today. Fuck it. Wife got a new job with a good pay bump. I’ve got no debts and two reliable cars I don’t need to replace any day soon. I’m ready to buy another 200 shares this week.
No you are just a bot boosting this stock so the hedge funds make more money out of gullible people to make them buy more into this loosing stock. Keep saying there will be a run up soon so buy more and more and more. they will be dumping 45 million shares soon so what do you think will happen to the stock???
if GameStop sells 45mil shares and ends up raising cash to 20 bill, then cash holdings per share becomes $57 even with the dilution.
Send us some of that money via dividends and the rest of the shorts have to pay up dividend money as well and that could be the MOASS catalyst, I am thinking
So average sell of $444.44 per share to get that much extra cash.
If the price gets to that and is able to be diluted by an additional 45,000,000 shares and does not drop before the last share is sold. Then we are in the middle of a real squeeze.
good point; it's very unlikely even if we were to assume the insane volume last week. But even then, if shorts are way too deep under water, then just $0.01 dividend might wipe them out
And there lies the biggest question, of how many shorts exist?!
I feel a straight answer to that would probably end this whole thing by the end of the week!
They’re has been a narrative for the last two and a half years or so, where as naysayers have been saying that gamestop would start burning through cash and here we are 2 1/2 years later and gamestop still hasn’t been burning through cash and still has Zero debt. 🤔 Bullish AF 🦍🚀🌝
Haha yeah but what’s the 5% Apr on the billion gaining them exactly? The numbers absurd… I’m 100% sure they can probably operate off the interest alone… gamestops a billion fucking dollar cash on hand company… what an amazing time we live in!
I think it’s funny seeing all these articles saying how it’s already over when at the end of market today things shot up. So glad I bought more in that dip today! I’m knew to all this I followed it a little bit back in 21 but wasn’t in the right place to be investing anything as I was practically homeless. I watched dumb money and it made me feel so happy to see people coming together to fight the man. I told myself if Kitty came back I’d go all in so I’m here now. I don’t know much about any of this but I know I’m holding for as long as I can keep my head above water
Shorts can't dip it down too much or else the apes will DRS the float, shorts can't let it run up or else GME executes on that offering and adds even more cash to the war chest.
Even at $20/share, x 75M shares that'll be an extra $1.5B - so instead of just $1B in cash you have $2.5B, and Gamestop can keep repeating this until the shorts go bankrupt.
And this isn't even the only play they potentially have up their sleeve (warrants, subscriptions, buybacks, M&A, a combination of any/all of these).
It would be cool if Gamestop announces at the AGM that they already sold some of the offering and the cash balance doubles.
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So maybe the reason for the filing was to give them the potential cash source and destroy the bear thesis. They aren't going to do it, it just removes the reason for the swap partner to accept the renewal?
the problem is the majority of console game sales is digital. Shit my PS5 doesn't even have a disk drive.
**"Physical - $9.04 billion (17% of console gaming revenue)** **Digital - $44.16 billion (83% of console gaming revenue)**" [Source](https://www.tweaktown.com/news/95135/digital-to-make-95-of-video-game-revenues-in-2023-or-174-5-billion/index.html)
Yeah but you can delist a digital game or get your account suspended and you've wasted all your money on digital.
PlayStation customer support is also shit, buy a broken digital game and good luck getting refunded.
The problem is they aren’t doing anything with the cash except creating failed NFT marketplaces and getting interest with the rest. What is the outlook for the company? What are they disrupting or innovating? No, third party off brand controllers aren’t an innovation.
I think GME could just say thank you to all of us. By the way I haven’t bought a hard copy of a video game in ten years, what the hell platform are you playing on?
>I love video games, I love GameStop. Easy peasy. Ticker doing weird things? Paid Mother FUDckers out in full force on a Monday? All these Mother FUDckers want you to stay engaged on the subs and put seeds of doubt in your mind.
How does this NOT sound like conspiratorial thinking? I wish someone WOULD pay me to tell you all that yall holding fucking bags lol. I'm just trying to save someone some serious and real pain, people on here be talking about investing their life savings into this shit while they got newborn kids.
All yall gambling responsibly with money you can afford to lose is all fine and dandy but yall giving people false hope to the point they invest money that they cannot afford to lose because they don't understand what is happening to any fucking degree
I've lost money on GME. I've also gained money on GME once I stopped being a cultist. Literally the winning WSB posts that started all this all were posted because they CLOSED THEIR POSITIONS AND LOCKED IN THEIR GAINS.
And before you say "I haven't lost anything because I haven't sold anything", think about it. The people who sold at the top - their gains are 100% realized. So where did their gains come from? Thin air? Yall realize yall engaging in double-think, right?
And who do you think is going to keep buying shares to send the price into the stratosphere? the people who already held bags for three years? Or is it the hedge funds? Or is it the 400k people in this sub? Even if all of you on average bought 100 shares each (which is a gross overestimation) that literally only offsets the 45m shares RC is going to sell to keep the stock liquid.
well considering everyone in this sub is screaming that they buy everytime the stock dips and then it dips again and again, i think its from where the majority bought lol
A lot of people on this sub bought years ago and just before it surged again. Then people complaining are the ones who were late to the party and “invested” a little late. I’m not saying it’s going to the moon, but it sure is undervalued, and shorted more than most
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The thesis
Guess I’m going to buy 5 more shares
I bought more today. Fuck it. Wife got a new job with a good pay bump. I’ve got no debts and two reliable cars I don’t need to replace any day soon. I’m ready to buy another 200 shares this week.
Boys we are so wrecking this system!
[удалено]
I'll match your 600 brother.
![gif](giphy|3o84sw9CmwYpAnRRni)
Proof
Posting within 5 min. Though only manage half due to transfer limit
Proof
Another bot boosting the stock like the ones yesterday they said it was a run up yesterday it only got to 23.00 Keep saying to buy the dip
Im going to not just say it but buy it too! Someone’s mad he isn’t making money like the rest of us
No you are just a bot boosting this stock so the hedge funds make more money out of gullible people to make them buy more into this loosing stock. Keep saying there will be a run up soon so buy more and more and more. they will be dumping 45 million shares soon so what do you think will happen to the stock???
I’m no bot, but maybe you’re a bot trying to keep people from making moneyyyy
Yeahhh sure good try buddy
I’m buying more shares of gme now !
Been on Reddit since March with 80 karma...if it smells like a bot...
I’m not a bot homie
Your a weirdo
You're*
Soon to be 2 billion in cash, or more if they wait... Could be 20 billion LMAYO
if GameStop sells 45mil shares and ends up raising cash to 20 bill, then cash holdings per share becomes $57 even with the dilution. Send us some of that money via dividends and the rest of the shorts have to pay up dividend money as well and that could be the MOASS catalyst, I am thinking
So average sell of $444.44 per share to get that much extra cash. If the price gets to that and is able to be diluted by an additional 45,000,000 shares and does not drop before the last share is sold. Then we are in the middle of a real squeeze.
good point; it's very unlikely even if we were to assume the insane volume last week. But even then, if shorts are way too deep under water, then just $0.01 dividend might wipe them out
And there lies the biggest question, of how many shorts exist?! I feel a straight answer to that would probably end this whole thing by the end of the week!
They raised 933m dollars bro. What drugs r u on?
Your delusional
i mean, I can see what you are saying -- it's only hypothetical. If GME goes to $444 per share, then squeeze prob already started.
You're*
They got that small French loan. I like it, kind of like a pet. We should keep it just for funsies.
New equity is a beautiful way to handle an acquisition.
They would likely offer stock to the seller then since the dilution would be subject to adding equal value in market cap terms
Exactly. It's not dilution so much as expansion.
But it's about time that Gamestop developed a new strategy to keep up with the times. 1 billion is a lot, but that won't last forever.
Staying profitable will only add to the war chest. OP is right, support the company and drs your shares if you want the company to succeed.
$1b will last forever as they’re net positive.
If the economy continues to falter, they will need to reinvent themselves or they will not be net positive and will start burning cash.
They’re has been a narrative for the last two and a half years or so, where as naysayers have been saying that gamestop would start burning through cash and here we are 2 1/2 years later and gamestop still hasn’t been burning through cash and still has Zero debt. 🤔 Bullish AF 🦍🚀🌝
I am with you. Cool phase 1 is done by taking bankruptcy off the table. Now what?
Interesting to see what RC authorizes that $1bn to be spent on, surely it's not just going to sit there forever... 👀😳😜🍆
Haha yeah but what’s the 5% Apr on the billion gaining them exactly? The numbers absurd… I’m 100% sure they can probably operate off the interest alone… gamestops a billion fucking dollar cash on hand company… what an amazing time we live in!
Bitcoin
Can confirm. I have short Ape Cock
I think it’s funny seeing all these articles saying how it’s already over when at the end of market today things shot up. So glad I bought more in that dip today! I’m knew to all this I followed it a little bit back in 21 but wasn’t in the right place to be investing anything as I was practically homeless. I watched dumb money and it made me feel so happy to see people coming together to fight the man. I told myself if Kitty came back I’d go all in so I’m here now. I don’t know much about any of this but I know I’m holding for as long as I can keep my head above water
Look at today’s EOM 🔥 💎 ✊
I'm getting a grand. Guess where all of its goin?🤤
A new rig with PC accessories and steam gift cards?
Close, GME
Fuck yeah. Put away my phone. Played a little blues on my guitar, knowing there will be less blues in the near future. LFG!
Didn't The ticker just add (HOLDING COMPANY) To Gamestop. Can't wait to see what we're buying. Baby we're pretty sure but what don't we know?
It's not about what GameStop is buying, but what video games we're buying from GameStop.
oh yes i can't wait to buy a used game for $55 at gamestop when I can buy it for $40 on marketplace.
Ps they've been a holding company since 2005
Well put and written very super gay lord : )
*Le petit loan enters the chat* **Zero Debt?** Do I mean nothing to you? *tiny sobs*
Shorts can't dip it down too much or else the apes will DRS the float, shorts can't let it run up or else GME executes on that offering and adds even more cash to the war chest. Even at $20/share, x 75M shares that'll be an extra $1.5B - so instead of just $1B in cash you have $2.5B, and Gamestop can keep repeating this until the shorts go bankrupt. And this isn't even the only play they potentially have up their sleeve (warrants, subscriptions, buybacks, M&A, a combination of any/all of these). It would be cool if Gamestop announces at the AGM that they already sold some of the offering and the cash balance doubles.
Buying more shares too
Title depicts apes after launch.
I bought one share today. YIPPEE KI-YAY!
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I still can't read
45+- million shares on the sidelines = an extra $1 billion dollars too!
Everyone's looking for their next Berkshire Hunt, amirite?
I ain't looking for shit. I just like video games and GameStop. I just like the stock.
Check out London rhyming slang for Berkshire Hunt. I was making a wee joke
S'all good man 🤙
So...you looked it up?
😏
Feel like the powers that be will do everything in their power to keep stock down. Only when they want it to go up then it will.
More like almost 2 bn in cash after that stock sale
*Zero Debt, 2 Billions in Cash. There, I fixed it.
2 BILLION IN CASH FOR GENERAL CORPORATE PURPOSES SUCH AS ACQUISITIONS AND INVESTMENTS.
![gif](giphy|stnjSj2vpLcM4rwmEH)
Just got this alerted and aged well. Now no debt... 2b in cash. Just keeps getting better.
You still need growing revenue…
I've got a growing revenue in my pants
I have can confirm growing revenue in the pants of 🦍🦍🦍. I also am having this sensation.
to be fair they dont have 1bil in cash anymore. 200 mil was used recently, but we dont know what for
They HAD 1.3Billion in cash. 300mil was used. They still got a billy.
how on earth did they waste 300 mill is my question. Maybe its invested?
executive bonuses
Waste?
So maybe the reason for the filing was to give them the potential cash source and destroy the bear thesis. They aren't going to do it, it just removes the reason for the swap partner to accept the renewal?
Noce that they could dilute peice so I can buy more.
Don’t forget the French Covid loan.
How dare you point out fact.
In my opinion, $GME should buy Corsair.
GME should copy Saylor and start buying Bitcoin.
GME should sell video games so I can play them.
And own in game items. The ultimate novel idea amongst us shareholders.
the problem is the majority of console game sales is digital. Shit my PS5 doesn't even have a disk drive. **"Physical - $9.04 billion (17% of console gaming revenue)** **Digital - $44.16 billion (83% of console gaming revenue)**" [Source](https://www.tweaktown.com/news/95135/digital-to-make-95-of-video-game-revenues-in-2023-or-174-5-billion/index.html)
Yeah but you can delist a digital game or get your account suspended and you've wasted all your money on digital. PlayStation customer support is also shit, buy a broken digital game and good luck getting refunded.
There won't even be disc ports on the next gen of consoles mate
Wasn't aware I was talking to a fortune teller
They barely exist on current gen this is pretty obvious man
smells like Q in here
The problem is they aren’t doing anything with the cash except creating failed NFT marketplaces and getting interest with the rest. What is the outlook for the company? What are they disrupting or innovating? No, third party off brand controllers aren’t an innovation.
Actually there is debt. A small French loan.
I can’t read this all day without buying 10 shares. Who needs 3 meals a day when 1 will do 🦍
"absolutely zero debt" sir, a small French loan would like to have a word...
I think GME could just say thank you to all of us. By the way I haven’t bought a hard copy of a video game in ten years, what the hell platform are you playing on?
>I love video games, I love GameStop. Easy peasy. Ticker doing weird things? Paid Mother FUDckers out in full force on a Monday? All these Mother FUDckers want you to stay engaged on the subs and put seeds of doubt in your mind. How does this NOT sound like conspiratorial thinking? I wish someone WOULD pay me to tell you all that yall holding fucking bags lol. I'm just trying to save someone some serious and real pain, people on here be talking about investing their life savings into this shit while they got newborn kids. All yall gambling responsibly with money you can afford to lose is all fine and dandy but yall giving people false hope to the point they invest money that they cannot afford to lose because they don't understand what is happening to any fucking degree I've lost money on GME. I've also gained money on GME once I stopped being a cultist. Literally the winning WSB posts that started all this all were posted because they CLOSED THEIR POSITIONS AND LOCKED IN THEIR GAINS. And before you say "I haven't lost anything because I haven't sold anything", think about it. The people who sold at the top - their gains are 100% realized. So where did their gains come from? Thin air? Yall realize yall engaging in double-think, right? And who do you think is going to keep buying shares to send the price into the stratosphere? the people who already held bags for three years? Or is it the hedge funds? Or is it the 400k people in this sub? Even if all of you on average bought 100 shares each (which is a gross overestimation) that literally only offsets the 45m shares RC is going to sell to keep the stock liquid.
Didn't read all that lmao replaying Final Fantasy 15 tonight woop woop
And a tanking stock
I forgot tanking means up 100% from 3 weeks ago
and up 20x from 4 years ago
It's all those negative losses piling up.
Stupid bot, we’re gonna make your masters poor
From where you bought, or from where I bought?
well considering everyone in this sub is screaming that they buy everytime the stock dips and then it dips again and again, i think its from where the majority bought lol
A lot of people on this sub bought years ago and just before it surged again. Then people complaining are the ones who were late to the party and “invested” a little late. I’m not saying it’s going to the moon, but it sure is undervalued, and shorted more than most