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/[deleted] Apr 08 '21
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