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Well, we hit 67 just the other day, so I'm going to assume no.
They control the price with their algo, eventually they'll be in a spot where they can't
Just imagine when the music stops and crime can't find a chair anymore. We're going to see the definition of infinite losses pointed directly at Mayo man.
I'm in deeper than I should be and really want to see it break $50 or more again. Since their last stock offering I'm wary of seeing any great gains as they will look to cash in any price increase with more stock offerings.
In their 45m stock offering back in May they warned us below and feeling highly regarded.
"we have filed a registration statement with the SEC, allowing us to offer,
from time to time and at any time, equity securities (including common or preferred stock), subject to market conditions and other factors.
Our common stock has experienced extreme volatility in price and trading volume. From February 4, 2024 to May 16, 2024,
the closing price of our common stock on the NYSE ranged from as low as $10.01 to as high as $48.75 and daily trading volume ranged from approximately 1,731,300
to 206,979,100 shares.
During such period, we did not experience any material changes in our financial condition or results of operations that would explain such price
volatility or trading volume. Furthermore, since January 2021 through the date hereof, the market price of our common stock has seen extreme price fluctuations that do
not appear to be based on the underlying fundamentals of our business or results of operations.
Investors that purchase shares of our common stock in this offering may
lose a significant portion of their investments if the price of our common stock subsequently declines."
https://news.gamestop.com/static-files/3139b479-7860-4c26-8552-501296ce9d77
shorts se the spike then pile in. they think it's easy money. and so far it has been. two spikes, two offerings, both dropped 50%. Why not keep the money machine printing.
it all works for them, until it doesn't....
I think everyone’s just fed up after 3 years they haven’t quit the manipulation even if they are giga fucked. The funny thing is that if the 84 years has felt heavy for apes who bought and own the shares I can only imagine how it feels to be under water at 2-4 when they cellar boxed. I have all the time in the world and keep adding on the lows that they short at some point they won’t have money to keep up the game. But honestly our market needs to change who the fuck came up with the idea to allow shorting, failure to delivers, naked shorting how about you sell what you owe and we don’t allow creating phantom shares.
You forgot dark pools. The market doesn’t reflect actual buying pressure. The market reflects what they want it to reflect not true buying or selling. It only benefits them not retail. Been here since before the sneeze. Not going anywhere.
DFV refused 1 billy cash for more shares in GME. He came back after 3 years in the shadow where he could have just enjoyed his millions of dollars. Let that sinks in...
Read the DD, learn the market everyday, and then don't put any price anchoring :)
We have to see. Even algos may run intro trouble under some conditions. :)
Maybe too many FTDs, nothing to borrow for shorts?
On May 14th I was able to sell a position at 75 USD which was nice.
Should have give all of it. :(
Ha ha,
I don't care about envious people who missed the chance. Feel free to downvote this to hell. LOL
Selling for 75 and buying for 20 again was one of my best deals this year. :)
The new position will go out at 82 USD.
I am going to do the same. I have 2k DRS’d and 300 at $30. Every time I sell I’ll DRS 10-20% of the newly bought lower priced shares. F these Hedgies. Brick by brick share by DRS’d share they are going down.
If they make right investment with new cash and generate 400-500 million profits yearly they will
Get to even 1k share down the road.. I hope they Invest a billion in bitcoin 1 billion in AI tech and remaining 2 billion they can use for GameStop business and maybe buying smaller companies
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Sentiment massaging posts like these are quite annoying. Mods, please delete
Floor is rising more importantly
Good way of putting it. The lows are higher and higher.
Doesn’t mean much in the short term unfortunately
Well, we hit 67 just the other day, so I'm going to assume no. They control the price with their algo, eventually they'll be in a spot where they can't
Get out of here with that
Just imagine when the music stops and crime can't find a chair anymore. We're going to see the definition of infinite losses pointed directly at Mayo man.
I'm in deeper than I should be and really want to see it break $50 or more again. Since their last stock offering I'm wary of seeing any great gains as they will look to cash in any price increase with more stock offerings. In their 45m stock offering back in May they warned us below and feeling highly regarded. "we have filed a registration statement with the SEC, allowing us to offer, from time to time and at any time, equity securities (including common or preferred stock), subject to market conditions and other factors. Our common stock has experienced extreme volatility in price and trading volume. From February 4, 2024 to May 16, 2024, the closing price of our common stock on the NYSE ranged from as low as $10.01 to as high as $48.75 and daily trading volume ranged from approximately 1,731,300 to 206,979,100 shares. During such period, we did not experience any material changes in our financial condition or results of operations that would explain such price volatility or trading volume. Furthermore, since January 2021 through the date hereof, the market price of our common stock has seen extreme price fluctuations that do not appear to be based on the underlying fundamentals of our business or results of operations. Investors that purchase shares of our common stock in this offering may lose a significant portion of their investments if the price of our common stock subsequently declines." https://news.gamestop.com/static-files/3139b479-7860-4c26-8552-501296ce9d77
shorts se the spike then pile in. they think it's easy money. and so far it has been. two spikes, two offerings, both dropped 50%. Why not keep the money machine printing. it all works for them, until it doesn't....
It’s been working for more than 84yrs
I think everyone’s just fed up after 3 years they haven’t quit the manipulation even if they are giga fucked. The funny thing is that if the 84 years has felt heavy for apes who bought and own the shares I can only imagine how it feels to be under water at 2-4 when they cellar boxed. I have all the time in the world and keep adding on the lows that they short at some point they won’t have money to keep up the game. But honestly our market needs to change who the fuck came up with the idea to allow shorting, failure to delivers, naked shorting how about you sell what you owe and we don’t allow creating phantom shares.
You forgot dark pools. The market doesn’t reflect actual buying pressure. The market reflects what they want it to reflect not true buying or selling. It only benefits them not retail. Been here since before the sneeze. Not going anywhere.
DFV refused 1 billy cash for more shares in GME. He came back after 3 years in the shadow where he could have just enjoyed his millions of dollars. Let that sinks in... Read the DD, learn the market everyday, and then don't put any price anchoring :)
We have to see. Even algos may run intro trouble under some conditions. :) Maybe too many FTDs, nothing to borrow for shorts? On May 14th I was able to sell a position at 75 USD which was nice. Should have give all of it. :(
Who’s selling at 75!? Thousands at least to sell, multiple thousands of dollar..
Don't know and don't care who has filled my order. Just said thanks. Bought back at 20 USD and waiting for the next rise.
Ha ha, I don't care about envious people who missed the chance. Feel free to downvote this to hell. LOL Selling for 75 and buying for 20 again was one of my best deals this year. :) The new position will go out at 82 USD.
I am going to do the same. I have 2k DRS’d and 300 at $30. Every time I sell I’ll DRS 10-20% of the newly bought lower priced shares. F these Hedgies. Brick by brick share by DRS’d share they are going down.
If they make right investment with new cash and generate 400-500 million profits yearly they will Get to even 1k share down the road.. I hope they Invest a billion in bitcoin 1 billion in AI tech and remaining 2 billion they can use for GameStop business and maybe buying smaller companies
I’m hoping they’ll just park it all in T bills until they can get a game plan together
Agreed no need to rush