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Posted on 6/7/24 at 9:33 am to Hookah
quote:
So while it may hurt retail in the near term my hunch is the floor has been raised over the long term.
The floor will still be pretty low I'd guess without doing math.
Posted on 6/7/24 at 9:40 am to Hookah
quote:
No, no one is buying.
You got that part right
Posted on 6/7/24 at 9:43 am to boogiewoogie1978
Do y’all remember when the stock market was actually good in early 2021 when people thought Trump would retake the White House
I feel like in a couple years when I tell people about it while we’re standing around the burning barrel in rags nobody will believe me
I feel like in a couple years when I tell people about it while we’re standing around the burning barrel in rags nobody will believe me
Posted on 6/7/24 at 9:57 am to BuckyCheese
quote:
The floor will still be pretty low I'd guess without doing math.
That’s relative but I disagree. The floor was raised after the shenanigans back in 2021. They will be sitting on 3-4 billion in cash. Now what they do with it is anyone’s guess.
Posted on 6/7/24 at 9:59 am to boogiewoogie1978
I just bought 3 calls I plan to exercise. Wish me luck
Posted on 6/7/24 at 10:02 am to Hookah
quote:
I just bought 3 calls
Rip
Posted on 6/7/24 at 10:07 am to Hookah
quote:
That’s relative but I disagree. The floor was raised after the shenanigans back in 2021. They will be sitting on 3-4 billion in cash. Now what they do with it is anyone’s guess.
Going with the optimistic number of $4B the floor is well under $10/share.
Posted on 6/7/24 at 10:19 am to BuckyCheese
quote:
Going with the optimistic number of $4B the floor is well under $10/share.
You misunderstand me. That’s cash on hand. Not the company’s market value
This post was edited on 6/7/24 at 10:20 am
Posted on 6/7/24 at 10:26 am to Hookah
No, I didn't misunderstand.
But you can feel free to explain what you think the "floor" is.
But you can feel free to explain what you think the "floor" is.
Posted on 6/7/24 at 10:36 am to BuckyCheese
Are they just financing their operating losses?
Posted on 6/7/24 at 10:42 am to BuckyCheese
quote:
No, I didn't misunderstand.
Yes you did. You took the assumed cash in hand and based the market valuation on that cash. That’s not at all what I intended to convey, so you misunderstood.
I think the speculative floor will hover around $30/share for awhile based on the 45m shares sold ATM 3 weeks ago and the 75m shares being sold ATM (assuming today). Considering the volume of calls in the near term that may be executed, and the potential to increase shareholder value with the potential 200%-300% increase of cash on hand from Q1, I feel okay with thinking the speculative floor will hover around $30/share for awhile.
Never understood why people get so butt hurt about other people’s money*
This post was edited on 6/7/24 at 10:45 am
Posted on 6/7/24 at 10:47 am to stout
im going to laugh so hard when the live stream starts and all that is streamed is him closing his positions and then ends the stream
Posted on 6/7/24 at 10:48 am to Hookah
If we don’t keep GameStop afloat millions of obese young men who wear skateboard shoes will be out of a job
Posted on 6/7/24 at 10:49 am to el Gaucho
McWage's and Wagedy's will see an influx of job applications
Posted on 6/7/24 at 10:52 am to Hookah
quote:
Never understood why people get so butt hurt about other people’s money*
No one is butthurt.
They are laughing.
Posted on 6/7/24 at 10:53 am to el Gaucho
quote:
If we don’t keep GameStop afloat millions of obese young men who wear skateboard shoes will be out of a job
What’s all this we talk? I have buy and sell limits
Posted on 6/7/24 at 10:53 am to DVinBR
Wagey king is gonna fire me if I keep checking the price on my phone
Deepstatevalue better come through
Deepstatevalue better come through
Posted on 6/7/24 at 10:56 am to BuckyCheese
quote:
No one is butthurt. They are laughing.
Ironically enough I am too. As I mentioned before I’ve made a good sum of money on GME over the last month, that and NIVDIA over the past year. Good times. Good times.
Posted on 6/7/24 at 11:00 am to Hookah
So is the live stream technically at 11?
ETA: yes rip shoulda sold
ETA: yes rip shoulda sold
This post was edited on 6/7/24 at 11:01 am
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