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re: So I bought some Gamestop(GME)

Posted on 12/22/20 at 8:33 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14437 posts
Posted on 12/22/20 at 8:33 am to
quote:

All digital is the future.


THe reason. Disc can be resold on ebay or traded /recycled. Once you buy the digital copy you are stuck with the crappy game. Yeah i dont see how gamestop last 5 years down the road
Posted by Tecade12
Member since Oct 2016
189 posts
Posted on 12/22/20 at 8:34 am to
i bought 500 shares yesterday... im hard as a rock right now.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 12/22/20 at 9:05 am to
quote:

The new consoles dont even have disc drives unless you buy the more expensive version. All digital is the future. I don't know how gamestop can get into that since game downloads come directly from the microsoft or playstation store.

Perhaps the answer is in the msft gme press release on how they go forward.


Also disc drive consoles still more popular than non.


I'm not saying buy gamestop for 10 years sit and love it. Buy for a few months ride out a market imbalance move into more prosperous and stable company.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 12/22/20 at 9:05 am to
quote:

bought 500 shares yesterday... im hard as a rock right now.

Nice. I'm loving this mornings run. If it will hang out above 17 youll start to see shorts forced to cover eventually
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 12/22/20 at 9:18 am to
Member when people were talking shite? I member
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 12/22/20 at 1:25 pm to
I figured I'd get some folks who were negative manches in here. I like the competing ideas to know what I'm missing or didn't understand.

Hopefully though I helped folks who were interested make a little money though

Posted by go ta hell ole miss
Member since Jan 2007
13610 posts
Posted on 12/22/20 at 2:07 pm to
quote:

Worst decision ever buying this at 14.2.


Looks like a 40% gain with the stock nearing 20.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 12/22/20 at 2:55 pm to
Nah he sold for a loss. He insists he only makes profits but he missed an easy profit there
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 12/22/20 at 3:19 pm to
Pretty damn good day
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8486 posts
Posted on 12/22/20 at 3:29 pm to
Updated my Stop Limit to $18 in case it tanks tomorrow. Not a huge position, but don't want to give back all my gains.
Posted by PierPunk
#BugaNation
Member since Apr 2013
3291 posts
Posted on 12/22/20 at 3:55 pm to


Activist investor Ryan Cohen, the co-founder of e-commerce firm Chewy (CHWY), reported in an SEC filing Monday that he's taken a 12.9% stake (9,001,000 shares) in GameStop

quote:

While RC Ventures “desires to come to an amicable resolution with [GameStop, it] will not hesitate to take any actions that it believes are necessary to protect the best interests of all stockholders.”


This screams Cohen takeover
Posted by el Gaucho
He/They
Member since Dec 2010
52906 posts
Posted on 12/22/20 at 4:00 pm to
It went up 25% in one day on the Microsoft deal too
Posted by MusclesofBrussels
Member since Dec 2015
4448 posts
Posted on 12/22/20 at 4:08 pm to
quote:

Laugh all you want but my account has gained a lot more than yours the past few months


Possibly, although I suspect my account is significantly larger than yours if GME is your largest holding. Or you are really bad at all of this and have been very, very lucky
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36748 posts
Posted on 12/22/20 at 5:35 pm to
quote:

you are really bad at all of this and have been very, very lucky

Maybe he's really really good.....
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 12/22/20 at 6:17 pm to
quote:

Possibly, although I suspect my account is significantly larger than yours if GME is your largest holding.

Damn nobody has ever lied about how much money they have on an anonymous internet message board. Why don’t you show us how much you have if you feel like bragging?
Posted by cgrand
HAMMOND
Member since Oct 2009
38624 posts
Posted on 12/22/20 at 8:33 pm to
if GameStop is indeed your largest holding you are a straight up gangster and I tip my cap to you. I hope you kill it

I wouldn’t be able to sleep at night
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 12/23/20 at 10:56 am to
Another good day
Posted by MusclesofBrussels
Member since Dec 2015
4448 posts
Posted on 12/23/20 at 12:26 pm to
quote:

Maybe he's really really good.....


With Gamestop as his largest holding he either has a relatively small account, an incredibly high risk tolerance, or is an idiot making poor decisions...
Posted by MusclesofBrussels
Member since Dec 2015
4448 posts
Posted on 12/23/20 at 12:27 pm to
quote:

Damn nobody has ever lied about how much money they have on an anonymous internet message board. Why don’t you show us how much you have if you feel like bragging?


Meh, you started it with your little "I've made more money than you brag".
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30540 posts
Posted on 1/13/21 at 9:29 am to


Shameless bump
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