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re: Please, as a mostly conservative board, buy some GME now. It is easy.

Posted on 10/7/21 at 8:08 pm to
Posted by jbdawgs03
Athens
Member since Oct 2017
9639 posts
Posted on 10/7/21 at 8:08 pm to
Or AMC
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:12 pm to
Why would I gamble a few hundred dollars on a stock that has very little chance of ever doubling its current price?

Spend $200 and get $400 max. And the more likely scenario, spend $200 and have it dwindle down to $20 in a year.

And GME's current short % is only 10% now. The squeeze has already happened.
Posted by GhostOfFreedom
Member since Jan 2021
11703 posts
Posted on 10/7/21 at 8:13 pm to
I think that AMC will go up a lot, but the real play is GME because of the number of shares available.

Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:14 pm to
quote:

, but the real play is GME because of the number of shares available.


what does this mean?
Posted by GhostOfFreedom
Member since Jan 2021
11703 posts
Posted on 10/7/21 at 8:14 pm to
BurningHeart, lets talk this over next year. If you are right, I will laugh at my loss along with you.

If I am right? I we will laugh at what you could have had.

Ok?
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:15 pm to
How about you first explain the post above regarding GME being an opportunity because of the available shares?
Posted by GhostOfFreedom
Member since Jan 2021
11703 posts
Posted on 10/7/21 at 8:16 pm to
quote:


Please, as a mostly conservative board, buy some GME now. It is easy.
quote:
, but the real play is GME because of the number of shares available.


what does this mean?


Are you really this dumb? Go see how many stocks AMC has outstanding and then look at how many GME has.

Get back when you realize there is a big difference.
Posted by Bmath
LA
Member since Aug 2010
18668 posts
Posted on 10/7/21 at 8:16 pm to
quote:

The squeeze has already happened.


Correct, the last squeeze fired to the down side about two weeks ago. The chart is heading for a death cross. Unless volume picks back up, I see a small pop before it crashes.
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8135 posts
Posted on 10/7/21 at 8:17 pm to
quote:

It is safer and better to go ahead and buy directly through ComputerShare. If you have stocks in Webull, you really need to consider transferring some or all to Computershare. It gets directly registered in your name there. The accounts have gone from 20k to nearly 500k at Computershare in a few weeks. This is the way.

Never heard of it. I like Webull trading hrs 3am-7pm

I use TDA for my options.
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:18 pm to
quote:

Are you really this dumb? Go see how many stocks AMC has outstanding and then look at how many GME has.

Get back when you realize there is a big difference.




This shows everyone the type of people buying GME. Have no clue as to how the stock market works.

Better buy up those shares before they run out
Posted by LSUStjames
Member since Dec 2005
3473 posts
Posted on 10/7/21 at 8:19 pm to
Ghost is correct. The stock goes in cycles where it jumps up from ~150 to ~300 every 45-60 days. Look at the year chart. Every time the FTD cycle comes due it shoots ups. Eventually it will keep shooting unless they turn off the buy button again. I know a few people who work in a big fund and they say the players on the wrong side of that are screwed.
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8135 posts
Posted on 10/7/21 at 8:22 pm to
quote:

OP is begging people to buy GME so that he can offload his shares If Gamestop were truly on a path to success, OP would keep buying himself and not tell anyone.

That’s not how it works. If others aren’t buying there’s no volume.
Posted by GhostOfFreedom
Member since Jan 2021
11703 posts
Posted on 10/7/21 at 8:23 pm to
quote:

Correct, the last squeeze fired to the down side about two weeks ago. The chart is heading for a death cross. Unless volume picks back up, I see a small pop before it crashes.


Volume is (probably) dropping because all the GME owners are moving their shares to direct register (search purple circle) via Computershare. This removes the shares from the DTC where they are loaned out repeatedly.

It is weird that Congress prohibited companies from encouraging stock holders from direct registering when they almost collapsed the market because of synthetic share generation... now, stock holders have figured out to do it on their own. Enjoy the ride from in the coaster or holding onto its sides.

Maybe, I am wrong. Maybe, I am right. I think I am right.

Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:24 pm to
quote:

That’s not how it works. If others aren’t buying there’s no volume.


Right... the OP wants upside volume to increase so his share price increases and he can offload
Posted by GhostOfFreedom
Member since Jan 2021
11703 posts
Posted on 10/7/21 at 8:25 pm to
quote:

Never heard of it.


Please check them out. It is the direct registration for Game Stop (and thousands of companies). It is the company GME uses for voting proxies. Just websearch computershare or check the OP(original post)
Posted by LSUAngelHere1
Watson
Member since Jan 2018
8135 posts
Posted on 10/7/21 at 8:26 pm to
quote:

Because I want conservatives to cash in and this board is mostly conservative. Reddit isn't. Plus, this is really a political issue. There is MASSIVE corruption with the stock market and the media (like the election) manipulation. It is a populist and political issue.


Ignore the bears....
Posted by GhostOfFreedom
Member since Jan 2021
11703 posts
Posted on 10/7/21 at 8:28 pm to
quote:

Right... the OP wants upside volume to increase so his share price increases and he can offload


You really are a dumb butt. I believe this is a +1k stock after the coming squeeze. I am not selling anything less than 100k

Posted by LSUAngelHere1
Watson
Member since Jan 2018
8135 posts
Posted on 10/7/21 at 8:28 pm to
quote:

Right... the OP wants upside volume to increase so his share price increases and he can offload

That’s a crock of shite. I have 110 shares with $11/avg.

Not fckg selling.
This post was edited on 10/7/21 at 8:29 pm
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:30 pm to
quote:

Volume is (probably) dropping because all the GME owners are moving their shares to direct register (search purple circle) via Computershare. This removes the shares from the DTC where they are loaned out repeatedly.


This only matters if short interest is high. It's not high anymore for GME. The squeeze happened earlier this year.
Posted by BurningHeart
Member since Jan 2017
9517 posts
Posted on 10/7/21 at 8:32 pm to
quote:

That’s a crock of shite. I have 110 shares with $11/avg.

Not fckg selling. 


Totally up to you. Just mark my words GME is going to die a slow death over the months and you're going to be wishing you cashed in.
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