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re: So I bought some Gamestop(GME)

Posted on 1/26/21 at 1:55 pm to
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/26/21 at 1:55 pm to
so should i buy some shares if people think it will go up tomorrow?
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/26/21 at 1:56 pm to
same bro
Posted by el Gaucho
He/They
Member since Dec 2010
58484 posts
Posted on 1/26/21 at 1:56 pm to
Gme is the only stock that’s doing good in the whole market
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 1/26/21 at 1:56 pm to
quote:

I'm sitting here imagining what the actual GME employees at HQ are thinking right now.

We all know they have thousands and probably hundreds of thousands of RSUs that they got granted at $4/share.

Let's take a conservative example:

$100K of RSUs at $4/share, so 25K shares. Now valued at $130/share means that...those shares are now worth $3.25M For anyone in leadership, that's a small amount of RSUs...they likely get that much or more annually.

So, there is a large number of HQ employees that are now sitting on 8 figure gains that are unrealized and they can't act (presumption they are in a blackout window).


Gamestop HQ is about 20 minutes away from me in Grapevine. They were doing heavy layoffs even before Covid started. I hope those laid off were able to hold their shares.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40279 posts
Posted on 1/26/21 at 1:57 pm to
We don’t know what it’s going to do tomorrow. Based on the information available, it should continue to rise in the near term.

Only invest what you’re willing to lose. This is a volatile stock.
Posted by MrBobDobalina
BRo.LA
Member since Oct 2011
3373 posts
Posted on 1/26/21 at 1:57 pm to
Yeah they fricked themselves trying to crush out every last penny, got found out and got a swift kick in the nuts by 2 million+ strangers rallied around a single cause.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/26/21 at 1:59 pm to
quote:

so should i buy some shares if people think it will go up tomorrow?



yes. it makes this fun. like betting on a sports team. buy 1 or buy 10 or 100. whatever.

Disclaimer: i am not a financial advisor.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/26/21 at 1:59 pm to
mann i wanna buy back in but ill have baby back cardboard hands at these price levels
Posted by castorinho
13623 posts
Member since Nov 2010
86538 posts
Posted on 1/26/21 at 1:59 pm to
quote:

Gamestop HQ is about 20 minutes away from me in Grapevine. They were doing heavy layoffs even before Covid started. I hope those laid off were able to hold their shares.
typically those vest (a %, if the company feels like it) immediately. And I imagine most sell immediately since they were laid off.
And those who didn't probably sold in the 10s
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35801 posts
Posted on 1/26/21 at 2:01 pm to
quote:

yes. it makes this fun. like betting on a sports team. buy 1 or buy 10 or 100. whatever.


Keep in mind that buying a random, really small number of shares will likely immediately put you in the red the second you hit "enter".
Posted by KickPuncher
Member since Jun 2020
754 posts
Posted on 1/26/21 at 2:04 pm to
GME is still a definite buy! Get in while the getting is good. When the short squeeze actually happens, there will be no question of it. It hasn't happened or came close to it yet. It will though, and it will be violent. Once it starts to happen, I would cash out on the ride up. I think it will drop from the peak about 30% and hover for some time. It has done this in the past with some short squeezes, so the profits will still be there, but not as great. If profits seem unbelievable, cash it out and be happy. Just don't get caught with your dick in the cookie jar like the shorts.
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/26/21 at 2:04 pm to
quote:

Keep in mind that buying a random, really small number of shares will likely immediately put you in the red the second you hit "enter".


stfu with your fundamentals
you probably work for Citron
Posted by rintintin
Life is Life
Member since Nov 2008
16967 posts
Posted on 1/26/21 at 2:05 pm to
Me from first reading about this to now being along for the ride

Posted by volfan30
Member since Jun 2010
41197 posts
Posted on 1/26/21 at 2:05 pm to
In for a few thousand shares at 18.50 in December. Sold 20% my shares at 55 last week and 20% at 75 yesterday to lock in a healthy profit even if it goes to 0 because I couldn’t bear to follow minute by minute with all the ups and downs and halts.

Holding strong with my remaining 60%. How high are we taking it? Are the autists serious about 1,000
Posted by castorinho
13623 posts
Member since Nov 2010
86538 posts
Posted on 1/26/21 at 2:07 pm to
quote:

GME is still a definite buy! Get in while the getting is good. When the short squeeze actually happens, there will be no question of it. It hasn't happened or came close to it yet. It will though, and it will be violent. Once it starts to happen, I would cash out on the ride up. I think it will drop from the peak about 30% and hover for some time. It has done this in the past with some short squeezes, so the profits will still be there, but not as great. If profits seem unbelievable, cash it out and be happy. Just don't get caught with your dick in the cookie jar like the shorts.
Is fun to watch and I'm glad they're getting fricked. But I just don't have the balls for this
This post was edited on 1/26/21 at 2:07 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 1/26/21 at 2:08 pm to
nice work

price target is $420.69
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40279 posts
Posted on 1/26/21 at 2:10 pm to
1000 is not a meme
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11344 posts
Posted on 1/26/21 at 2:11 pm to
quote:

Is fun to watch and I'm glad they're getting fricked. But I just don't have the money for this



and by money you mean $139(current share price)..
Posted by castorinho
13623 posts
Member since Nov 2010
86538 posts
Posted on 1/26/21 at 2:11 pm to
Holy shite

Hitler's rant

I'm dying
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 1/26/21 at 2:12 pm to
Gamestop SEC Filing

Published/submitted today
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