$GameStop (GME.US)$ I expect gamestop to beat earnings by a ...
$GameStop (GME.US)$ I expect gamestop to beat earnings by a tiny bit. We might get between a 3% - 8% increase at most but no shot at having a short squeeze any time soon. Reinventing a company and making it profitable takes time. It's unrealistic to expect a turnaround so quickly and the hype for the stock is just not what it was back in May and June, seems good as a long term investment though.
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Chronic Line Stepper : The squeeze has nothing to do with profitability or company status. It's only waiting on a catalyst
Parp OP Chronic Line Stepper : Profitablity would be the catalyst imo, I think it's going to take more than a Roaring Kitty tweet. If Ryan Cohen proves he can make GameStop profitable it can attract many new non meme stock investors and even institutional inevestors.
Chronic Line Stepper Parp OP : That would be perfect and profitability may be the catalyst that kicks it off. But this is no fair and free market and the whole thing is rigged. The
Company is shorted more than 10 times its value and with a tiny nudge this thing spirals out of control. There should have been no reason for the spike in May or the sneeze for that matter. Same company.
Ken Griffin Charity : Ryan Cohen has been a part of the company for over 3 years. He appointed the last CEO before later firing him. Cohen’s big plan for GameStop was the NFT marketplace: GameStop launches NFT marketplace as speculative frenzy cools
Chronic Line Stepper : Any share purchase over 10000 shares gets immediately F.T.D. Why you ask because there aren't any real shares. Retail owns them all. Internal settlement within the payment for money flow system is how most of the shares get traded.
Parp OP Chronic Line Stepper : don't get me wrong I do believe it is being manipulated but I think it's going to take some big shift in the company and general investor sentiment to squeeze them and I'd like to be wrong and see it sooner than later of course.
Parp OP Ken Griffin Charity : I don't think he has one big plan set for the company rather I think he has ideas he would like to put into practice and see how profitable they can be. NFTs were obviously not profitable nor wise however I like that he is actively trying new things that could potentially make the company turn a profit. A lot of CEOs are not actively trying to better their companies these days it seems so I can appreciate that he is one of the few who puts in the effort and takes risks. With the cash he has on hand to expirement with and his record of taking oppurtunites and even creating a profitable business in the past I think he is a good CEO to bet on.
Rusty Shackleford 1 Parp OP : I am pretty sure someone was found guilty of manipulating this stock, and then Andrew Left is being investigated, so we will see. Also, KenGriffinCharity2 blocked me when I brought up these points to him when he said there was no proof of manipulation
Rusty Shackleford 1 Parp OP : I agree. I'm not sure how many super successful people haven't had at least one bad idea in their life. He also has 4 billion to do something with. It could be investing in other companies or something that im not smart enough to even think of
Rusty Shackleford 1 Parp OP : It would be impossible for them to not be profitable. It probably won't be as much as last year but still profitable. Once Ryan Cohen says he bought BuyBuyBaby this will shoot up
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