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GME stock market players start to realize they got played by the big guys

 
Anonymous Coward
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02/06/2021 01:58 PM
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Re: GME stock market players start to realize they got played by the big guys
they made some key hires from amazon and chewy recently and with all the attention on them recently and investment from funds like blackrock i see them pushing skyward before long. without restrictions on trade watch the momentum build again and quickly - it's one of the most traded and volatile stocks.

people are sick of 2% up and down BS and play it safe ETF that don't even match inflation. i'd rather throw down and really lose something or make something than just do the play it safe 60% bonds and tech stocks crap.
 Quoting: Anonymous Coward 80012512


I also think someone or groups of people have made some pretty huge bets recently that gme will go back up. Something like a few million dollars on a $800 option.
 Quoting: Anonymous Coward 41614169


i saw that, some big call options at $800 for something like mid march? certainly possible to swing like that with these 30% daily swings. yesterday morning it about flew off the handle again

and that short interest is disclosed tuesday i suppose. should be interesting.
 Quoting: Anonymous Coward 80012512


It definitely will be.

However, even if it doesn't explode again, i think the company is on much more solid ground now. They have people in place to correct their issues. Their financial situation is not that bad. They just need to update their model.
 Quoting: Anonymous Coward 41614169


yep - could be a good catalyst situation, pare down the storefronts, consolidate, make some partnerships with steam or something, or partner with AMC for VR or who knows. plenty of directions it can go
Yuck Fou

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02/06/2021 01:59 PM
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Re: GME stock market players start to realize they got played by the big guys
Da ... ya think?

I am old enough to have been around during the hey-days of the Vancouver Penny Stocks. Pumps and Dumps ... scams as old as the markets.

Once you have watched a number of Pump and Dump schemes in action they are all about the same, and you can "smell" them at a glace without even having to do any Due Diligence.

As an outsider who is totally unconnected with those doing the "Pumps and Dumps" you can tag along and make some good coin as long as you don't get too greedy and stay under the promoter's radar. Don't try to get out in the final rise to the top - that is when those doing the pumping are getting out, but get out a bit early and be happy to have made a good amount of coin without having taken on much risk.

Once the promoter is out the stock is GUARANTEED to collapse, though sometimes they have built up the excitement among the "marks" so much that it continues higher for a bit as the final buyers crowd in. DO NOT BE A FINAL BUYER!! Don't subscribe to THE DREAM.


As the old saying goes:

In the beginning the Promoter owns the Dream and the potential investors have the money.

In the end the Promoter has the money and the potential investors own the Dream.
 Quoting: Old Trader 79096761



hesright
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Anonymous Coward
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02/06/2021 02:02 PM
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Re: GME stock market players start to realize they got played by the big guys
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I also think someone or groups of people have made some pretty huge bets recently that gme will go back up. Something like a few million dollars on a $800 option.
 Quoting: Anonymous Coward 41614169


i saw that, some big call options at $800 for something like mid march? certainly possible to swing like that with these 30% daily swings. yesterday morning it about flew off the handle again

and that short interest is disclosed tuesday i suppose. should be interesting.
 Quoting: Anonymous Coward 80012512


It definitely will be.

However, even if it doesn't explode again, i think the company is on much more solid ground now. They have people in place to correct their issues. Their financial situation is not that bad. They just need to update their model.
 Quoting: Anonymous Coward 41614169


yep - could be a good catalyst situation, pare down the storefronts, consolidate, make some partnerships with steam or something, or partner with AMC for VR or who knows. plenty of directions it can go
 Quoting: Anonymous Coward 80012512


Yup and they put the people in place to do it.
Anonymous Coward
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02/06/2021 02:02 PM
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Re: GME stock market players start to realize they got played by the big guys
[imgur] [link to imgur.com (secure)]
Anonymous Coward
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02/06/2021 02:04 PM
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Re: GME stock market players start to realize they got played by the big guys
"you will own nothing and be happy"


big picture, none of this will matter. buy the ticket take the ride.

you can't take it with you. people snickering about someones gains or losses cant see the bigger picture. one day millionaires driving their mercedes who have never known want are going to be in a modern day bread line along with people that ride the bus everyday.
Anonymous Coward
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02/06/2021 02:07 PM
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Re: GME stock market players start to realize they got played by the big guys
"you will own nothing and be happy"


big picture, none of this will matter. buy the ticket take the ride.

you can't take it with you. people snickering about someones gains or losses cant see the bigger picture. one day millionaires driving their mercedes who have never known want are going to be in a modern day bread line along with people that ride the bus everyday.
 Quoting: Anonymous Coward 80012512


Ok you can live in your fantasy dystopia and ill live in the real world.

If youre right we are both fucked.

If im right just you are fucked.

Ill take that bet.
Anonymous Coward
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02/06/2021 02:07 PM
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Re: GME stock market players start to realize they got played by the big guys
 Quoting: Anonymous Coward 77729078


You're a disgusting low life piece of shit.
Anonymous Coward
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02/06/2021 02:08 PM
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Re: GME stock market players start to realize they got played by the big guys
 Quoting: Anonymous Coward 77729078


You're a disgusting low life piece of shit.
 Quoting: Anonymous Coward 41614169


truth hurts huh? fucking circumsized fascist
Anonymous Coward
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02/06/2021 02:09 PM
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Re: GME stock market players start to realize they got played by the big guys
"you will own nothing and be happy"


big picture, none of this will matter. buy the ticket take the ride.

you can't take it with you. people snickering about someones gains or losses cant see the bigger picture. one day millionaires driving their mercedes who have never known want are going to be in a modern day bread line along with people that ride the bus everyday.
 Quoting: Anonymous Coward 80012512


Ok you can live in your fantasy dystopia and ill live in the real world.

If youre right we are both fucked.

If im right just you are fucked.

Ill take that bet.
 Quoting: Anonymous Coward 41614169


im not excited about it either, but the writing in giant, bold, capitalized red letters has been on the wall for a long time now and people either see it and understand it or have become incredibly skilled at different forms of denial.
Fhirinne

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02/06/2021 02:09 PM
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Re: GME stock market players start to realize they got played by the big guys
...


of course, the short sellers profited massively

the ordinary people who were buying stocks and holding on to it were duped, more people were buying it at its peak than they were at smaller amounts

so logically more losers ffs
 Quoting: Anonymous Coward 79588126


Hedgefunds lost tens of billions...which is why your shill ass is here shilling.
 Quoting: Anonymous Coward 41614169


Yeah they did and then they made a ton of cash back. Because unlike what everyone was saying, that they needed to buy stocks for their shorts when they didn't they just needed to put in more cash to cover the margin calls as the price went up. Once that was sorted they could get back to shorting the crap into the stock again.

And made tons of money off well people like you!

It was a company circling the drain after years of not adapting to the gaming world which moved on and left game stop in the stone age of sorts.

The time to make money is gone ok. Accept it and move on.
 Quoting: Fhirinne


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Anonymous Coward
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02/06/2021 02:10 PM
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Re: GME stock market players start to realize they got played by the big guys
 Quoting: Anonymous Coward 77729078


You're a disgusting low life piece of shit.
 Quoting: Anonymous Coward 41614169


truth hurts huh? fucking circumsized fascist
 Quoting: Anonymous Coward 77729078


Lol the nazi calling people fascist lolol
Anonymous Coward
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02/06/2021 02:13 PM
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Re: GME stock market players start to realize they got played by the big guys
...


Hedgefunds lost tens of billions...which is why your shill ass is here shilling.
 Quoting: Anonymous Coward 41614169


Yeah they did and then they made a ton of cash back. Because unlike what everyone was saying, that they needed to buy stocks for their shorts when they didn't they just needed to put in more cash to cover the margin calls as the price went up. Once that was sorted they could get back to shorting the crap into the stock again.

And made tons of money off well people like you!

It was a company circling the drain after years of not adapting to the gaming world which moved on and left game stop in the stone age of sorts.

The time to make money is gone ok. Accept it and move on.
 Quoting: Fhirinne


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne


Did you see the article from june 2020 i posted?

The stock is up to 63 from 4 and is showing support. What you're saying is ridiculous.
Anonymous Coward
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02/06/2021 02:15 PM
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Re: GME stock market players start to realize they got played by the big guys
...


Hedgefunds lost tens of billions...which is why your shill ass is here shilling.
 Quoting: Anonymous Coward 41614169


Yeah they did and then they made a ton of cash back. Because unlike what everyone was saying, that they needed to buy stocks for their shorts when they didn't they just needed to put in more cash to cover the margin calls as the price went up. Once that was sorted they could get back to shorting the crap into the stock again.

And made tons of money off well people like you!

It was a company circling the drain after years of not adapting to the gaming world which moved on and left game stop in the stone age of sorts.

The time to make money is gone ok. Accept it and move on.
 Quoting: Fhirinne


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
Anonymous Coward
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02/06/2021 02:16 PM
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Re: GME stock market players start to realize they got played by the big guys
 Quoting: Anonymous Coward 77729078


You're a disgusting low life piece of shit.
 Quoting: Anonymous Coward 41614169


truth hurts huh? fucking circumsized fascist
 Quoting: Anonymous Coward 77729078


Lol the nazi calling people fascist lolol
 Quoting: Anonymous Coward 41614169


i posted a simple fact and you called me a piece of shit because i hurt your triggered "anti-semitic" feelings

fucking retard lol
Anonymous Coward
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02/06/2021 02:19 PM
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...


You're a disgusting low life piece of shit.
 Quoting: Anonymous Coward 41614169


truth hurts huh? fucking circumsized fascist
 Quoting: Anonymous Coward 77729078


Lol the nazi calling people fascist lolol
 Quoting: Anonymous Coward 41614169


i posted a simple fact and you called me a piece of shit because i hurt your triggered "anti-semitic" feelings

fucking retard lol
 Quoting: Anonymous Coward 77729078


Oh please don't plat innocent you disgusting lying piece of shit. I know exactly what you meant and so do you.
Anonymous Coward
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02/06/2021 02:21 PM
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Re: GME stock market players start to realize they got played by the big guys
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Yeah they did and then they made a ton of cash back. Because unlike what everyone was saying, that they needed to buy stocks for their shorts when they didn't they just needed to put in more cash to cover the margin calls as the price went up. Once that was sorted they could get back to shorting the crap into the stock again.

And made tons of money off well people like you!

It was a company circling the drain after years of not adapting to the gaming world which moved on and left game stop in the stone age of sorts.

The time to make money is gone ok. Accept it and move on.
 Quoting: Fhirinne


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


...


Yeah they did and then they made a ton of cash back. Because unlike what everyone was saying, that they needed to buy stocks for their shorts when they didn't they just needed to put in more cash to cover the margin calls as the price went up. Once that was sorted they could get back to shorting the crap into the stock again.

And made tons of money off well people like you!

It was a company circling the drain after years of not adapting to the gaming world which moved on and left game stop in the stone age of sorts.

The time to make money is gone ok. Accept it and move on.
 Quoting: Fhirinne


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


Exactly. The video game industry is huge and only getting bigger. They can easily update their business model and be right back at it.
Anonymous Coward
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02/06/2021 02:21 PM
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truth hurts huh? fucking circumsized fascist
 Quoting: Anonymous Coward 77729078


Lol the nazi calling people fascist lolol
 Quoting: Anonymous Coward 41614169


i posted a simple fact and you called me a piece of shit because i hurt your triggered "anti-semitic" feelings

fucking retard lol
 Quoting: Anonymous Coward 77729078


Oh please don't plat innocent you disgusting lying piece of shit. I know exactly what you meant and so do you.
 Quoting: Anonymous Coward 41614169


you're a pathetic little fascist J5w and you know it
Anonymous Coward
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02/06/2021 02:22 PM
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Lol the nazi calling people fascist lolol
 Quoting: Anonymous Coward 41614169


i posted a simple fact and you called me a piece of shit because i hurt your triggered "anti-semitic" feelings

fucking retard lol
 Quoting: Anonymous Coward 77729078


Oh please don't plat innocent you disgusting lying piece of shit. I know exactly what you meant and so do you.
 Quoting: Anonymous Coward 41614169


you're a pathetic little fascist J5w and you know it
 Quoting: Anonymous Coward 77729078


You just proved that you werent just posting a fact.

Youre a jealous low life. Total piece of shit. That or you're just a shill trying to derail the conversation. Either way youre a piece of shit.
Anonymous Coward
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02/06/2021 02:26 PM
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Lol the nazi calling people fascist lolol
 Quoting: Anonymous Coward 41614169


i posted a simple fact and you called me a piece of shit because i hurt your triggered "anti-semitic" feelings

fucking retard lol
 Quoting: Anonymous Coward 77729078


Oh please don't plat innocent you disgusting lying piece of shit. I know exactly what you meant and so do you.
 Quoting: Anonymous Coward 41614169


you're a pathetic little fascist J5w and you know it
 Quoting: Anonymous Coward 77729078


And does your low iq wannabe nazi micro dick self understand i am on the side that is playing against hedgefunds?

Lol you're such a pathetic piece of shit. W
The Blend of Kings

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02/06/2021 02:27 PM
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Re: GME stock market players start to realize they got played by the big guys
It really is too bad for everyone that was caught at the top, many of us were in around 20$ and knew the squeeze was in effect around 100$ and started to take gains. I hope this comes as a lesson and it will still go down in history for what it's worth. Many lessons learned here and I think its safe to say we played the big guys taking their stock up 2000%
The Blend of Kings
Anonymous Coward
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02/06/2021 02:27 PM
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Re: GME stock market players start to realize they got played by the big guys
so weird how people are picking winners and losers with big money through all this.

did anyone decide airlines were a dead business model? or cruises? or ski resorts?

are we going to invest in matrix pods so we never go outside ever again and say thats the new "modern" business model.


oh lol they have a physical store thats not modern lol no one goes outside anymore HURRRRRR
Anonymous Coward
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02/06/2021 02:29 PM
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Re: GME stock market players start to realize they got played by the big guys
...


Yeah they did and then they made a ton of cash back. Because unlike what everyone was saying, that they needed to buy stocks for their shorts when they didn't they just needed to put in more cash to cover the margin calls as the price went up. Once that was sorted they could get back to shorting the crap into the stock again.

And made tons of money off well people like you!

It was a company circling the drain after years of not adapting to the gaming world which moved on and left game stop in the stone age of sorts.

The time to make money is gone ok. Accept it and move on.
 Quoting: Fhirinne


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


All video games will be digital before too long. A brick and mortar store that sells physical copies of video games doesn’t exactly sound like the wave of the future.
Anonymous Coward
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02/06/2021 02:30 PM
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Re: GME stock market players start to realize they got played by the big guys
Buy Physical Silver. Hold. Big Boys will go under soon enough.
 Quoting: jlee2027


And wait 30 years to get a 15% yield. MAYBE.
Anonymous Coward
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02/06/2021 02:33 PM
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Re: GME stock market players start to realize they got played by the big guys
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i posted a simple fact and you called me a piece of shit because i hurt your triggered "anti-semitic" feelings

fucking retard lol
 Quoting: Anonymous Coward 77729078


Oh please don't plat innocent you disgusting lying piece of shit. I know exactly what you meant and so do you.
 Quoting: Anonymous Coward 41614169


you're a pathetic little fascist J5w and you know it
 Quoting: Anonymous Coward 77729078


And does your low iq wannabe nazi micro dick self understand i am on the side that is playing against hedgefunds?

Lol you're such a pathetic piece of shit. W
 Quoting: Anonymous Coward 41614169


why did you say earlier that it's you trigger calling directly from Tel Aviv, say to me, what's the weather there

heard that needles are raining

you fucking retarded Government shill, get fucked and bankrupted
Anonymous Coward
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02/06/2021 02:34 PM
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That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


All video games will be digital before too long. A brick and mortar store that sells physical copies of video games doesn’t exactly sound like the wave of the future.
 Quoting: Anonymous Coward 74006616


a lot of people still play old stuff.

i bought a ps3 years ago just to play old MGS games i missed.

even if the games are digital thats just one component. people voting for brick and mortar to disappear are voting for humanity itself to disappear. just stay inside your pod forever in your little comfy prison.
Fhirinne

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02/06/2021 02:35 PM
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Re: GME stock market players start to realize they got played by the big guys
...


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


...


That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


Exactly. The video game industry is huge and only getting bigger. They can easily update their business model and be right back at it.
 Quoting: Anonymous Coward 41614169


Then why on earth didn't they do that to start with I wonder. They chose to sell in shops when the world of gaming moved onto digital downloads.
You are the CEO of your own wellness. You need to take back your health from the disease-care system
Anonymous Coward
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02/06/2021 02:36 PM
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Re: GME stock market players start to realize they got played by the big guys
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That's simply not true.

You have no idea. That's your guess. There is still plenty of big money saying you're wrong.
 Quoting: Anonymous Coward 41614169


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


All video games will be digital before too long. A brick and mortar store that sells physical copies of video games doesn’t exactly sound like the wave of the future.
 Quoting: Anonymous Coward 74006616


1st off as long as they make disc based games somewhere needs to sell them.

Plus the resale of games is good for people that don't want to pay full price.

They also sell more than video games. They sell board games, hardware, etc..

They also can update their business model to include internet sales, partnerships with other businesses, etc...plenty of people have listed the options already.

Every company that has been around faces the challenge of updating to the times. Why not gme?
Anonymous Coward
User ID: 80012512
United States
02/06/2021 02:38 PM
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Re: GME stock market players start to realize they got played by the big guys
Buy Physical Silver. Hold. Big Boys will go under soon enough.
 Quoting: jlee2027


And wait 30 years to get a 15% yield. MAYBE.
 Quoting: Anonymous Coward 79955860


it's not about "yields", it's about it being tangible.

one day that might make sense after we are shoehorned into the cashless society with "muh cryptos" and internet of things, biometric ID, and you have the rights of a house cat. you'll sit there talking about your fake cryptos yields in terms of fake dollars and laugh at people with something they can hold in their hands.
Anonymous Coward
User ID: 41614169
United States
02/06/2021 02:38 PM
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Re: GME stock market players start to realize they got played by the big guys
...


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


...


So what is wrong that I said?

Big money? Please don't tell me you are talking about this weird thing about $800 a share? Seriously hahaha its never going to be worth that much.

The reason it was shorted was it was dead meat really. There was no risk of the stock going up because of its dreadful business model that got it left behind and circling the drain. Thats even before covid hit them hard last year.
 Quoting: Fhirinne

how is it a dead business model? like a grocery store is a dead business model?

all they did is start to do deliveries and online shopping more. that's the big "WOW" idea? not that hard to implement. just keep the warehouses, add some logistics, and it's "modern". not all that difficult.

there isn't a company in the WORLD that could PAY for the publicity gamestop is receiving right now. think about that.
 Quoting: Anonymous Coward 80012512


Exactly. The video game industry is huge and only getting bigger. They can easily update their business model and be right back at it.
 Quoting: Anonymous Coward 41614169


Then why on earth didn't they do that to start with I wonder. They chose to sell in shops when the world of gaming moved onto digital downloads.
 Quoting: Fhirinne


They are now...maybe they needed these new executives to change the direction. Plus, i don't think they were doing as badly as people are saying. They werent doing great but i just posted an article showing they were nowhere near bankruptcy.
Anonymous Coward
User ID: 41614169
United States
02/06/2021 02:39 PM
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Re: GME stock market players start to realize they got played by the big guys
Buy Physical Silver. Hold. Big Boys will go under soon enough.
 Quoting: jlee2027


And wait 30 years to get a 15% yield. MAYBE.
 Quoting: Anonymous Coward 79955860


it's not about "yields", it's about it being tangible.

one day that might make sense after we are shoehorned into the cashless society with "muh cryptos" and internet of things, biometric ID, and you have the rights of a house cat. you'll sit there talking about your fake cryptos yields in terms of fake dollars and laugh at people with something they can hold in their hands.
 Quoting: Anonymous Coward 80012512


I am all for owning physical PMs but if you are only going that route you might be seriously screwing yourself.





GLP