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I need more money to invest in GameStop - GME

Posted on 6/7/23 at 4:19 pm
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:19 pm
Holy .... they are dropping in after hours because of an announcement that Ryan Cohen will be the CEO and Matt Furlong was "terminated". lol

I am not saying this is a buy opportunity, but it might be. They have a lot of other plays that they have in motion and Cohen just tweeted, "Not For Long"... This is a long standing meme.

Where is Matt Furlong going to be? He resigned from GameStock, and not terminated like is being reported.

This is going to be fun. Hell, the whole timeline has been fun and the best investment I have ever made... both entertaining and bank wise.

Down vote if you are a pussy.
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:24 pm to
Check out this super silly after hours chart and then start drawing conclusions for yourself.

If you do decide that things are super funky, you might look at direct registering your share DRS to get them out of the totally fraudulent DTCC. That isn't just for GameStop.

Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:30 pm to
Cohen on Twitter, "Not For Long"

So, maybe CEO of GMErica or other GameStop companies?

Posted by MusclesofBrussels
Member since Dec 2015
4939 posts
Posted on 6/7/23 at 4:35 pm to
quote:

I need more money to invest in GameStop - GME




It's a trash company that just fired their CEO and canceled their earnings call last minute. The sooner your come to your senses and leave your weird little reddit cult, the more money and embarrassment you'll save yourself.
Posted by Triple Bogey
19th Green
Member since May 2017
6572 posts
Posted on 6/7/23 at 4:35 pm to
Ryan Cohen has become a grifter in my eyes since he pulled the BBBY pump and dump bullshite.

Similar to Chamath in my book.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4491 posts
Posted on 6/7/23 at 4:46 pm to
(no message)
This post was edited on 7/16/23 at 12:17 pm
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 6/7/23 at 4:50 pm to
quote:

This is going to be fun. Hell, the whole timeline has been fun and the best investment I have ever made... both entertaining and bank wise.


I don’t believe you.
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:51 pm to
quote:

I don’t believe you.


ok

Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:51 pm to
They can sell at any time.
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:53 pm to
quote:

It's a trash company that just fired their CEO and canceled their earnings call last minute. The sooner your come to your senses and leave your weird little reddit cult, the more money and embarrassment you'll save yourself.


Get with me in a few months. lol

Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 4:57 pm to
The down voters of GameStop are really funny. I laught out loud.

Are you people all short on GME or have lost a lot of money shorting it or something???

If you haven't, just look into what they are doing and maybe, make a good investment decision.
Posted by whiskey over ice
Member since Sep 2020
3694 posts
Posted on 6/7/23 at 4:57 pm to
there's a thing called margin if you feel so confident
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 5:03 pm to
He had zero insider information on baby bbby and tried to help them, then pulled out when they told him to frick himself.

There was no "grifting". I actually made a few thousand by watching the whole process, then bought more GameStop.

He is a good guy. One of the few in the activist investor realm. Watch what he does, and make money. imho
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 6/7/23 at 5:04 pm to
I don't gamble. I buy and hold.

Posted by Buds4
Unfortunately, Earth
Member since Oct 2022
191 posts
Posted on 6/7/23 at 5:08 pm to
GameStop is stupidest *actual* investment in the world. They are real estate dependent with zero foot traffic in a world where their entire business has gone to digital sales. The only reason they still exist at all is because half of the reddit crowd convinced the other half that it was still relevant. It is a dog shite, stupid, worthless company that is on life support with zero potential to do anything but die a horrible death. Let grandpa die. He is tired of this world.

That’s my 2 cents
This post was edited on 6/7/23 at 5:15 pm
Posted by Weagle25
THE Football State.
Member since Oct 2011
47470 posts
Posted on 6/7/23 at 8:59 pm to
quote:

I don't gamble. I buy and hold.

Then give us a long term vision for the company.

Everything you mentioned is short term
Posted by DVinBR
Member since Jan 2013
15286 posts
Posted on 6/7/23 at 10:29 pm to
imagine being obsessed with a manipulative billionaire
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 6/7/23 at 11:42 pm to
It’s insane to me that GME is worth 50% of what Best Buy is worth, despite BBY having nearly 8x more revenue and similar margins.
Posted by DVinBR
Member since Jan 2013
15286 posts
Posted on 6/7/23 at 11:54 pm to
people that are into GME don't care about sound logical decision making when it comes to investing

white collar casino
Posted by stout
Porte du Lafitte
Member since Sep 2006
179701 posts
Posted on 6/8/23 at 8:12 am to
If you read their earnings reports they admit no one even goes into the stores anymore and the stores are just mini distribution centers for local pick-ups. They are paying for a lot of retail space and all of that overhead for nothing.

Also, go to Tiktok and search Gamestop and there are videos of store managers talking about how no one goes in anymore and how layoffs have begun.

They got propped up for a bit by their NFT marketplace and the meme stock craze but now they are circling the drain yet again.
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