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Message
re: What does GameStop plan on doing with all their share capital?
Posted on 1/27/21 at 11:35 pm to thelawnwranglers
Posted on 1/27/21 at 11:35 pm to thelawnwranglers
quote:
New business model has to be put in place
What made this pop in the first place is because they are getting new leadership including the former top exec team that brought chewy from nothing to a multi-billion dollar company that beat amazon in their niche.
They are pivoting.
There is a legit case that this GME could be a 50+ dollar stock long term (not in the immediate aftermath of this current situation, but years down the road if they can execute).
The people who bought in at the real ground floor of 10-15 bucks back in late 2020 could miss this entire short squeeze and still come out very nicely down the road.
1
Posted on 1/27/21 at 11:38 pm to JohnnyKilroy
quote:
The people who bought in at the real ground floor of 10-15 bucks back in late 2020 could miss this entire short squeeze and still come out very nicely down the road.
But why do I want $350 a share now or $50 a share of when they fix plan like what they have done.
I get what your saying it isn't complete dog shite
Posted on 1/27/21 at 11:39 pm to momentoftruth87
"Educate me here on this. Who owns the stock? I’m literally one day into learning about the stock market. Why isn’t this a long term stock? You would think a company value would rise with so much investment"
As far as being long, this company has been on a decline for over a decade and is probably worth in the $20 range. PERIOD. Individuals who have purchased the shares of stock own them outright. This particular increase in stock price has noting to do with company value or metrics.
The price of (1) share of common stock SHOULD be tied to some intrinsic value to a company. In this case it was when it was $20 on Jan 12. That all went out the window when the squeeze was on. This rise in share price doesn't benefit the company at all. Nothing has changed with the business. They didn't go out and acquire another 1000 brick and motors in a week, they didn't increase customer through put, they didn't generate additional anything. So the stock is still worth roughly $20, this was all done to punish the short sellers........it may be a fun video game for the moment, but at some point it will plummet and someone will be left holding the bag, or shares at $360ish in a stock worth $20.
A wise man once told me the price of MOST stocks is about 60% real value, 20% potential and 20% emotion. Right now, GME is probably closer to 6%, 14%, 80%.
As far as being long, this company has been on a decline for over a decade and is probably worth in the $20 range. PERIOD. Individuals who have purchased the shares of stock own them outright. This particular increase in stock price has noting to do with company value or metrics.
The price of (1) share of common stock SHOULD be tied to some intrinsic value to a company. In this case it was when it was $20 on Jan 12. That all went out the window when the squeeze was on. This rise in share price doesn't benefit the company at all. Nothing has changed with the business. They didn't go out and acquire another 1000 brick and motors in a week, they didn't increase customer through put, they didn't generate additional anything. So the stock is still worth roughly $20, this was all done to punish the short sellers........it may be a fun video game for the moment, but at some point it will plummet and someone will be left holding the bag, or shares at $360ish in a stock worth $20.
A wise man once told me the price of MOST stocks is about 60% real value, 20% potential and 20% emotion. Right now, GME is probably closer to 6%, 14%, 80%.
This post was edited on 1/27/21 at 11:48 pm
Posted on 1/27/21 at 11:46 pm to momentoftruth87
quote:
Everyone will sell off in the next 24-48 hours crashing the stock and its a good chance you'll see the company file ch 11, sell off assets and switch to online.
You have no idea what you are talking about
Posted on 1/27/21 at 11:49 pm to flyAU
quote:
It will fall on Friday.
Why do you think it will fall on Friday as opposed to any other day
Posted on 1/27/21 at 11:51 pm to thelawnwranglers
quote:
But why do I want $350 a share now
You want 350/share now because you believe there's more room to run as all indications being that the short squeeze has not truly begun.
quote:
$50 a share of when they fix
Maybe you don't idk. I'm simply saying there is a case that, if in an alternate reality this wasn't shorted to absolute oblivion and there was no short squeeze, there is a lot of at least semi-justified hype around the stock that it could have risen from the ashes to being a really solid 3-5 year hold.
I'm simply saying the notion that GME will be going bankrupt in a couple of weeks is not based in reality. The amount of insane hype and publicity they have gotten alone from this is worth a ton. I guarantee thousands and thousands of autists have made it a point to buy SOMETHING from gamestop in the last couple of weeks. Add to the fact that everyone still wants the new xbox and the new ps5.
This post was edited on 1/27/21 at 11:54 pm
Posted on 1/27/21 at 11:54 pm to JohnnyKilroy
quote:
Maybe you don't idk. I'm simply saying there is a case that, if in an alternate reality this wasn't shorted to absolute oblivion and there was no short squeeze, there is a lot of at least semi-justified hype around the stock that it could have risen from the ashes to being a really solid 3-5 year hold.
We are on the same page. I am a shitty writer. I like the turnaround plan still not bullish.
Posted on 1/28/21 at 12:21 am to Newuser13
Hookers n blow
Posted on 1/28/21 at 2:54 am to momentoftruth87
quote:The joy of MT is having your eyes opened to cutting edge discoveries in finance. Decades of perceived understanding of the relationship between insolvency and equity valuation, totally eviscerated. Who could ever have envisioned that the latter actually drove the former? Get this man a Nobel.
Everyone will sell off in the next 24-48 hours crashing the stock and its a good chance you'll see the company file ch 11
Posted on 1/28/21 at 5:41 am to bayoubengals88
That is not how this works. Friday is expiry for a small batch of calls. Every. Single. One. Of. Them is in the money. Friday the price WILL skyrocket (thousands) unless feds turn it off (questionable).
There will be no way for shorts to cover (and there is no timeline as long as they pay thier interest).
Gme is unique because there are literally not enough shares available to trade. Shorts would have to buy all 50,000,000 oustanding shares and still be 16 million shares short.
It only comes down when feds say it comes down now.
There will be no way for shorts to cover (and there is no timeline as long as they pay thier interest).
Gme is unique because there are literally not enough shares available to trade. Shorts would have to buy all 50,000,000 oustanding shares and still be 16 million shares short.
It only comes down when feds say it comes down now.
Posted on 1/28/21 at 6:14 am to brokelikeajoke
If the feds jump in it will piss a lot of people off
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