GameStop Stock Discussion

74294540 : ah yes because a tiny retrace makes the other 50% gain mean nothing

74294540 : there isnt evidence of mass short selling? really??? that's a flat out lie. look at $SPDR S&P Retail ETF (XRT.US)$ short interest for 1.

74294540 74294540 : i agree on everything else you said tho

Parp OP 74294540 : I said there isn't "concrete evidence" and I also said even if there truly is that it likely applies to many other stocks in the market and is alone not a good reason for me to invest my money into something. In the end fundamentals are way more important than short term to mid term movements in the price due to any potential fraud from short sellers.

Parp OP 74294540 : You can think of the Company's fundamentals and price as magnets. If it's too overvalued or undervalued it will always correct itself over time no matter how much fraud there is, so in a way it's not too important in the long run and it can create good buying and selling opportunities if true, tho I am not much of a trader.

Ken Griffin Charity : “the CEO is experimenting with ways he can succesfully reinvent the company like with trading cards because obviously the old business model is not sustainable on it's own “
How is selling trading cards a new business model exactly…? Last I checked, GameStop has been doing this for decades

71262950 : lol better cover now this shit is gonna hurt

74294540 : haha yup,  cover now shortie or you'll feel pain

MARKET-TEST-DUMMY OP :

MARKET-TEST-DUMMY OP MARKET-TEST-DUMMY OP : Oh, oh my. They deleted their comment?

74294540 : no offense but theres so much bullish news/info for gme i don't think anyones gonna take the time to write it all out.
theres literally a library of dd lol

WALLSTREETBAGS OP 74294540 : Sales drop 20% is bullish news?

Parp WALLSTREETBAGS OP : The best way to summarize what makes it bullish is that "smart money" is pricing in the downfall and death of GameStop however it is very likely imo GME still has a lot of life left in it considering the CEO is experimenting with ways he can succesfully reinvent the company like with Trading cards because obviously the old business model is not sustainable on it's own but it's also not something that will fully drag the company down either since there is still large demand for physical copies of video games. Another important thing to factor in is that this companies performance varies quarter by quarter. In Q4 GameStop gets way more customers than usual due to the holiday season and this year is special since people will very likely be buying the new PS5 pro for Christmas and GameStop is probably the best place to buy one if you are looking to save some money. Financially the company is mostly healthy and doesn't have to worry about bankruptcy and has lots of room to experiment so that is a good sign. I'm not a big fan of a lot of the GME community and it's theories behind "MOASS" or anything but I guess it could be possible but I would not bet big on it personally. Basically so long as the company can stay alive I can see the price going up quite a bit and if we see it start to grow again this could be a super profitable deep value play in the long term imo. It mostly comes down to weather or not you believe in Ryan Cohen and the rest of the management team. If I had to take a guess it will take a few years to see some really great results. Of course it's a little bit of a gamble so do your own research please and be careful where you get your information from lol.

71262950 WALLSTREETBAGS OP : they made 17.4 million profit from those sales versus 1.2 million loss last q3. tell the whole truth shill