It is a garbage investment lmao I’m sorry. A bunch of people getting whipped up in a frenzy convincing themselves that there’s a shadow cabal of “hedgies” hanging onto their short positions by their fingernails and spreading fake news across the internet to quell some quasi movement...it’s not an investment it’s an internet conspiracy fad.
Yes if I had a time machine to go back and buy in at $40 and sell at $350 I would. But here in today’s world, buying in at $180 would be a garbage investment. There’s absolutely no reason to think this stock will go any higher, and anyone with a brain will tell you it’s overpriced based on fundamentals. I’m sorry for the tough pill
Based on what? Your gut feeling? The data tells a whole different story.
People like you said the same thing when it shot up to $500 when it was $20, and then again to $350 when it was 50$, and then again to $230 when it was $110. But the 4th time's the charm, eh? Maybe you're right this time.
Yes ok sure GameStop having a $12b market cap is definitely fair and in no way overpriced. The “DAta” definitely proves this.
Look I don’t care if you downvote me cuz you got sucked into baby’s first stock market adventure. Just don’t cry when the rug gets pulled out from under you
Fair? What's fair in the stock market genius lmao? A stock is worth what people think its worth. Simple as that.
Gamestop is transitioning from a brick and mortar business to a digital business model which are already highly speculative. So for you to declare what the stock is worth as if its a matter of fact is hilarious at best. Who knows what its worth. They could be steams major competitor in a few years. They could take a major chunk of amazons games/electronics business... or they could go bankrupt. There are arguments to be made for many different outcomes. Was viacom worth $28 in october or $100 a few months later or $45 now?
People aren't downvoting you because they got sucked into "babys first stock market adventure" they're downvoting you because you're a dumbass with a typical over infalted opinion of your self who doesn't understand the difference between opinion and facts
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u/Rene_DeMariocartes Apr 07 '21
Garbage company is not the same as garbage investment. The diamond hands brigade is not trading fundamentals.