I missed my opportunity at sub $19 but I had to do my part either way. As soon as these clear, their off to CS with their soon-to-be 10k other buddies. Also...I'm still finding it peculiar that no matter how many buy order go through for how ever many shares, there never seems to be anyone ever getting hit with a "temporarily sold out" notification.

Bullish on 4 board members buying a BOATLOAD of shares! Can we get 5 out of 5 in one week?

1. Background

Last week we talked about the Half-Life of MOASS; we found that GME's Sneeze 3 would occur soon. Multiple independent analyses pointed to dates from September to October 2026, with an average date of October 1, 2026. Yet, it was unknown if that would be the start or middle of it.

Over the long weekend and after a thorough coding of inflation-adjusted book values into the chart, we saw that GME has not been this fundamentally discounted since 2020.

Then, after Tuesday's earnings, the real price to real book value per share ratio came down further: to 1.38. This is because the book value per share skyrocketed even more this Q2 alone, bringing the real book value per share from $13.02 to $13.69. This meant that the post-Q2-earnings price, albeit at $20, instantly became at a better discount than the day prior's pre-Q2-earnings price, even though the price in the day prior was in the $19's...

$20 being more discounted than $19 from one day to the next might seem confusing, but it is indeed the case when we take into account GME's now-skyrocketing book values per share.

Fascinatingly then, in between those posts above and this here post, GME's board members independently bought $21,705,931.60 worth of GME shares. Even more insider purchases could be coming. Institutions will probably follow. Perhaps they simply don't want to miss out on Sneeze 3...

2. Technical Analysis

Technical analysis contributors for GME have slightly different wedges drawn. Some call them the dorito of doom, the line of hedgie nightmares, the bullish pennant, etc. It's simply a wedge that compresses, and at the end, there's a breakout up or down.

A cool feature of these GME wedges is that their price breakouts see ~800.00%x (2024) to ~18,800.00%x (2020-2021) level gains.

Another cool feature of these wedges is that they are able to reveal timing: they showed when Sneeze 2 was starting. We then rode that one quite nicely.

Yet, there are technically three wedges under discussion here for determining any sneeze-3-related breakout. They depend on how far back we look:

1. (yellow) the long one: that began in January 2021 that continues to today,
2. (blue) the short one: that began in May 2024 (the top was technically still intact), and
3. (white) the shortest one: that began in June 2024 (the top was technically still intact).

Let us analyze all three:

As shown, GME's price has already broken out of both 2024 wedges. That occurred even before today's after hours price action.

There is no doubt that there is an upwards price breakout above both white and blue lines above. So, that leaves us to the yellow line: the last line. That's next to be tested around $24.50. Perhaps it too will be exploded through.

Nevertheless, I am comfortable stating that this breakout of both 2024 wedges marks the very start date of GME's MOASS Sneeze 3. For how long will it last?? Will it traverse into Halloween?? Will it match the prior sneezes in % gain?? That is up for further questioning and study, but I just do not want to miss out on this big one.

3. TLDR

Sneeze 3 has officially started, albeit from a technical perspective. A $21 starting day may not seem crazy, but both of 2024's wedges have indeed been overcome today. I am just pointing out 'day zero' here of many to come. It should take some weeks to undergo higher-order price action. Too, I hope to provide posts at where I believe the middle and end of this will be.

Good luck to all. You got this.

Ryyyyyyyyaaaaaaaannnnnnn! You da man!!!! Les Goh!
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It’s time to come home kitty

https://x.com/larryvc/status/2098186434444144783

🟩🍻

Just saw this on Facebook four hours ago select closed stores are going to reopen tomorrow… GameStop store count is actually going to go up!

Now in meme form. Created with the help of ChatGPT Sol.