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GME ripping after hours on rumors they are following the MSTR plan

Posted on 2/13/25 at 4:51 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
38295 posts
Posted on 2/13/25 at 4:51 pm
Up 5%.

Bitcoin haters continue to be in disbelief.

LINK
Posted by cgrand
HAMMOND
Member since Oct 2009
43079 posts
Posted on 2/13/25 at 4:57 pm to
quote:

GME ripping
ripping?
its trading at 28 AH, closed the session at 26.30
Posted by I Love Bama
Alabama
Member since Nov 2007
38295 posts
Posted on 2/13/25 at 5:00 pm to
Help me math.

If a stock closes at $26.30 and it is trading at $28. What percentage increase is this and what percentage did i say in the op?

Tomorrow will be exciting.
Posted by cgrand
HAMMOND
Member since Oct 2009
43079 posts
Posted on 2/13/25 at 5:13 pm to
i guess i want a little bit more out of my rips LOL
i hope they do go all in...that whole GME thing was fun to watch
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47215 posts
Posted on 2/13/25 at 7:56 pm to
I dont think anyone is shocked that GME pivots from NFTs
Posted by DVinBR
Member since Jan 2013
14571 posts
Posted on 2/13/25 at 8:12 pm to
when MOASS?
Posted by LSUcam7
FL
Member since Sep 2016
8451 posts
Posted on 2/13/25 at 9:16 pm to
If they would have announced and acted on this 4 years ago when they had the spotlight, GME would be a $40B company.

Would be surprised if they’re able to tap capital like MSTR does.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3554 posts
Posted on 2/14/25 at 1:09 pm to
Shifting to crypto is AMC buying a silver mine level stupidity.

Honestly, game skins and collectibles was the logical path to validate a purpose for NFTs.

Instead of trying to be a meme of a meme, they would be better suited to use their reserves to buy distressed IP like Ubisoft or Square Enix to exploit digital licensing.
Posted by jefforize
Member since Feb 2008
45005 posts
Posted on 2/14/25 at 2:20 pm to
When you consider that GME's primary business is selling shares to apes, this move makes a lot more sense.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3554 posts
Posted on 2/14/25 at 4:00 pm to
I look forward to the next round of degenerate Stockholm syndrome.

Shorts haven’t covered, get ready for the MOASS. As soon as the stock rises, GME dumps new shares…degens praise Ryan Cohen’s business savvy…share price drops. Rinse. Repeat.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
144344 posts
Posted on 2/14/25 at 7:32 pm to


Posted by Big Scrub TX
Member since Dec 2013
36803 posts
Posted on 2/15/25 at 1:33 pm to
quote:

GME ripping after hours on rumors they are following the MSTR plan
I Love Bama
Up 5%.

Bitcoin haters continue to be in disbelief.
The stock closed the week at $27. HANG ON BOYZZZZZZZZZZZZZZZZZZZ!!!!!!!!!!
Posted by Big Scrub TX
Member since Dec 2013
36803 posts
Posted on 2/15/25 at 1:34 pm to
quote:

a meme of a meme
What a perfect description.

This absurdity is somehow being cited as "proving" something positive about bitcoin.
Posted by SlidellCajun
Slidell la
Member since May 2019
13496 posts
Posted on 2/17/25 at 7:20 am to
quote:

The stock closed the week at $27. HANG ON BOYZZZZZZZZZZZZZZZZZZZ!!!!!!!!!!


lol

Exactly.

The original post is an example of how all of this works. Hit the boards, social media and any other outlet you can use to pump something up, create fomo, and hope to drive the price up. There is nothing behind the facade. It’s fomo trading and nothing more.

Posted by I Love Bama
Alabama
Member since Nov 2007
38295 posts
Posted on 2/17/25 at 7:26 am to
You guys continue to miss the message.

Of course the stock is dead, they didn't announce anything. When there was just a BTC rumor it pumped over 10% after hours.

That tells you all you need to know.

Companies that adopt BTC as a treasury asset increase share holder value. Full stop.

If GME does move forward with this strategy, it will pump to the moon like every other publicly traded company that does it.
Posted by SlidellCajun
Slidell la
Member since May 2019
13496 posts
Posted on 2/17/25 at 8:56 am to
quote:

If GME does move forward with this strategy, it will pump to the moon like every other publicly traded company that does it.


It might. And if it does, it’s purely based on speculation with a strong dose of fomo. No one wants to miss out so they just jump in without any measurable means of grounding the valuation.

It works. Until it doesn’t
Posted by I Love Bama
Alabama
Member since Nov 2007
38295 posts
Posted on 2/17/25 at 9:03 am to
quote:

No one wants to miss out so they just jump in without any measurable means of grounding the valuation.


You buy stocks based on a valuation metric now? Please explain to me how the mag 7 is valued.
Posted by Big Scrub TX
Member since Dec 2013
36803 posts
Posted on 2/17/25 at 11:10 am to
Starts a thread about a stock "ripping", and then follows up with this:

quote:

Of course the stock is dead


Posted by I Love Bama
Alabama
Member since Nov 2007
38295 posts
Posted on 2/17/25 at 11:14 am to
You really are brain dead. You do realize that timelines matter in these discussions right?

I can't tell if you are shite posting or if your IQ really is that low.
Posted by SlidellCajun
Slidell la
Member since May 2019
13496 posts
Posted on 2/17/25 at 11:45 am to
I generally look at valuation in making my picks but it’s all relative. If I like a company and want in, I buy. If it drops, I buy more. Did that with Costco @2 years ago when I thought it was slightly overvalued. Did well.
Recently I bought uber which I thought was undervalued and it’s done well.

With Btc or gme, I have no way to know if its valuation is suitable. Neither do you.
It’s a trade and nothing more. I’ve owned Btc directly and through an etf. I did well. It was a trade. I admit it was a fomo trade. I have no problem doing that from time to time and I go in clear eyed in my intent.

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