The battle over Gamestop is getting really interesting

mckmas8808 said:
LOL! What does diamond hands mean? Does it mean being strong and "holding the line" on a stock and not being scared of a stock price dropping?
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Yeah pretty much. Not selling on a dip while the shorts try to scare everyone, not selling on a modest gain until the shorts have been squeezed, which has not happened yet (it's like porn, you WILL know it when you see it).
 
Finally managed to buy some stocks at double the price I wanted to last week...but whatever, this is yolo money and I'm just gonna sit on it and see what happens.
 
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I think the funniest thing about this it they the hedge fund people always like to consider themselves to be the smartest guys in the room. Being pushed to the point where they needed a nearly $3B cash injection to stay afloat in a fight with a bunch of meme crazed self-described retards and autists ... that has to really sting.
 
Well I just pulled profits after being up +50%. Maybe it has more upside I don't know, but I'll take happily take what I got. I'm still going to watch this thing play out and might jump back in if there's a nice girthy dip. GG Citron!
 
Crazy how their stock has bounced back. I rarely shop there, like less than once a year, but I'd like them to stick around. If nothing else, as someone who doesn't keep consoles after getting the next gen ones (not a collector, hate clutter and rarely replay games) they're useful for getting rid of hardware. With some trade in promos the value isn't that much lower than eBay or Amazon after seller fees and avoids the hassle of responding to low baller begging on Craigslist and the like and finding a safe place to meet up. Nice to just ditch a console I've used heavily for years with no fuss and no worries about later complaints if it kicks the bucket shortly there after due to said heavy usage for years.
 
Moogle11 said:
Crazy how their stock has bounced back. I rarely shop there, like less than once a year, but I'd like them to stick around. If nothing else, as someone who doesn't keep consoles after getting the next gen ones (not a collector, hate clutter and rarely replay games) they're useful for getting rid of hardware. With some trade in promos the value isn't that much lower than eBay or Amazon after seller fees and avoids the hassle of responding to low baller begging on Craigslist and the like and finding a safe place to meet up. Nice to just ditch a console I've used heavily for years with no fuss and no worries about later complaints if it kicks the bucket shortly there after due to said heavy usage for years.
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Their online sales have been up enough to save them, and they hope to transition what their retail presence is like post COVID. They have brought in folks with experience and there's a lot of confidence in them.
 
Moogle11 said:
Crazy how their stock has bounced back. I rarely shop there, like less than once a year, but I'd like them to stick around. If nothing else, as someone who doesn't keep consoles after getting the next gen ones (not a collector, hate clutter and rarely replay games) they're useful for getting rid of hardware. With some trade in promos the value isn't that much lower than eBay or Amazon after seller fees and avoids the hassle of responding to low baller begging on Craigslist and the like and finding a safe place to meet up. Nice to just ditch a console I've used heavily for years with no fuss and no worries about later complaints if it kicks the bucket shortly there after due to said heavy usage for years.
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Same here . They are useful for getting console upgrades with trade in promos. Or just reserving a new console. I reserved my wii u and switch there before release with relative ease. They also surprisingly had the best black friday deal I have seen for a switch ($50 gift card and $35eshop) 2 xmas ago.
Their prices generally suck but they do have good sales on new and especially used titles from time to time. I have never understood people who wish GME to go under , as more competition only benefits us as the consumer.
 
Moogle11 said:
Crazy how their stock has bounced back. I rarely shop there, like less than once a year, but I'd like them to stick around. If nothing else, as someone who doesn't keep consoles after getting the next gen ones (not a collector, hate clutter and rarely replay games) they're useful for getting rid of hardware. With some trade in promos the value isn't that much lower than eBay or Amazon after seller fees and avoids the hassle of responding to low baller begging on Craigslist and the like and finding a safe place to meet up. Nice to just ditch a console I've used heavily for years with no fuss and no worries about later complaints if it kicks the bucket shortly there after due to said heavy usage for years.
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It's massively up because a bunch of gamblers are using the stock as a casino right now. The company is probably slightly healthier than it was a year ago, but it's long term outlook still isn't great.

don't get me wrong, I'm thrilled to see the huge Wall St players taking a beating. However, it's going to get ugly for some less frequent investors who throw money in on the roulette wheel at the wrong time. Very ugly.
 
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Don't disagree with you Ornlu. I find it amusing they are getting crushed.

The whole market has become detached from reality in my opinion. A giant bubble that's going to burst.
 
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It might be closing the day at 135~140$. Insane. I don't really care now if i miss the "peak" or something like that, it's been so entertaining. I cannot imagine EOW, Friday is always wild.
 
Buggy Loop said:
It might be closing the day at 135~140$. Insane. I don't really care now if i miss the "peak" or something like that, it's been so entertaining. I cannot imagine EOW, Friday is always wild.
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All it had to do was close above 115 friday and that's looking incredibly easy right now.

I don't care if people think the rocket emojis are stupid. If it keeps this up through friday it's going 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
 
Man... I almost dumped in $1,000 back in August when it around a $5 per share and thought better of it. Sure would have been a nice little bonus today if I did go with it. Shit is crazy.
 
Zefah said:
Man... I almost dumped in $1,000 back in August when it around a $5 per share and thought better of it. Sure would have been a nice little bonus today if I did go with it. Shit is crazy.
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If only I bought at 5
If only I bought at 10
If only I bought at 20
If only I bought at 50
If only I bought at 70
If only I bought at 100

I think it's still being underestimated how fucking irrational short squeezes can be. They HAVE to buy their position back when they're margin called or else get impatient bleeding money. And the short pressure is still on, this has barely started to squeeze.

Would I buy at an all time high, no, but I'd keep my eyes open.
 
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LordOfChaos said:
All it had to do was close above 115 friday and that's looking incredibly easy right now.

I don't care if people think the rocket emojis are stupid. If it keeps this up through friday it's going 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
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What's so special about $115 on Friday?
 
TransTrender said:
Closed for the day at 146.88
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Imagine, this is literally my first toe tipping experience in the stock exchange with GME and BB last week. Anything less than +91% gains day to day is not going to make my dong as hard from now on, GME ruined it. It's like fucking Margot Robbie as your first, anything after has got to be just "ok".

When all of this is over, I'll trail at ~8% yearly like a boomer.

tom hiddleston film GIF
 
Buggy Loop said:
Imagine, this is literally my first toe tipping experience in the stock exchange with GME and BB last week. Anything less than +91% gains day to day is not going to make my dong as hard from now on, GME ruined it. It's like fucking Margot Robbie as your first, anything after has got to be just "ok".

When all of this is over, I'll trail at ~8% yearly like a boomer.

tom hiddleston film GIF
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It's like cutting your teeth for the first time on some of those crazy GameStop flipping deals. Unless I'm making 300% I don't know why I'm bothering, lol
 
Gotta be honest, watching this from the sidelines, you fucking madlads are putting a smile on my face.

This shit is some of the greatest pirate ramming speed hijinks I've seen all year.

And it's been some year.
 
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