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

Posted on 10/7/21 at 8:35 pm to
Posted by Bmath
LA
Member since Aug 2010
18858 posts
Posted on 10/7/21 at 8:35 pm to
quote:

I believe this is a +1k stock


EPS and P/E are negative at this price point. Share price is nearly $100 overvalued based on typical metrics.
Posted by BurningHeart
Member since Jan 2017
9957 posts
Posted on 10/7/21 at 8:36 pm to
quote:

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


ok. What squeeze? Do the math. It's virtually impossible for this stock to get that high from a short squeeze based on its current short interest.

The forward P/E is already in the thousands. And you think the stock will multiply 5x from here
Posted by BurningHeart
Member since Jan 2017
9957 posts
Posted on 10/7/21 at 8:37 pm to
quote:

EPS and P/E are negative at this price point. Share price is nearly $100 overvalued based on typical metrics.


I feel we're trying to explain calculus to 1st graders.

Shows you the kind of people that bought into all the reddit hype.
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
9357 posts
Posted on 10/7/21 at 8:41 pm to
Love that you're assuming the short interest is correct. These frickers lied once, why wouldn't they again?
Posted by BurningHeart
Member since Jan 2017
9957 posts
Posted on 10/7/21 at 8:43 pm to
quote:

Love that you're assuming the short interest is correct. These frickers lied once, why wouldn't they again?


What are you talking about?
Posted by bbvdd
Memphis, TN
Member since Jun 2009
28072 posts
Posted on 10/7/21 at 8:44 pm to
What’s the float of GME and what’s the short interest?
Posted by bbvdd
Memphis, TN
Member since Jun 2009
28072 posts
Posted on 10/7/21 at 8:56 pm to
So GME own 1750 stores.

Market cap is 13.165b
That makes each store worth just over 7.5 million.

This stock has tons of room to run.
I say go all in. Mortgage your house if you have to.
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 10/7/21 at 9:04 pm to
You keep talking about shares available and short interest, I already said in the first page that those numbers aren’t correct bc if the shady shite they’re doing in dark pools with naked shorting.
Posted by BurningHeart
Member since Jan 2017
9957 posts
Posted on 10/7/21 at 9:05 pm to


That looks like about $7.5M to me


Gamestop probably hasnt even made $1B in net income since inception. Hell it has lost money nearly every year since 2018, and I have no doubt that even its glory days were anything close to $1B income.

Ah well, all the GME pushers up and left us in this thread. Was fun while it lasted.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
28072 posts
Posted on 10/7/21 at 9:09 pm to
quote:

You keep talking about shares available and short interest, I already said in the first page that those numbers aren’t correct bc if the shady shite they’re doing in dark pools with naked shorting.


I’d bet my house you have absolutely no idea what any of this means nor could you explain it if your mother’s life depended on it.
Posted by LSUAngelHere1
Watson
Member since Jan 2018
10137 posts
Posted on 10/7/21 at 9:10 pm to
quote:

I feel we're trying to explain calculus to 1st graders. Shows you the kind of people that bought into all the reddit hype.

I hate when people act so condescending. We can always compare accts and growth. I assure you I’m no first grader in trading.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
28072 posts
Posted on 10/7/21 at 9:14 pm to
Why do you think a naked short is not reported when a covered short is reported?
Posted by GhostOfFreedom
Member since Jan 2021
13035 posts
Posted on 10/7/21 at 9:16 pm to
quote:

What are you talking about?


Well, Joe Biden got 81 million votes....
Posted by BurningHeart
Member since Jan 2017
9957 posts
Posted on 10/7/21 at 9:17 pm to
quote:


I hate when people act so condescending. We can always compare accts and growth. I assure you I’m no first grader in trading.


Only because your basis for this whole post and responses within it is based off of conjecture and reddit type talk by people who dont even understand how the market works.

Yet despite this mass ignorance of it all, you are so sure of yourself.

There are suckers who get played in the market daily. Has been this way since markets were in existence. Yet they always believe they have some sort of one up advantage.

Just saying, a year from now you'll be holding shares worth about $20. You'll wish you had taken my advice today.

This post was edited on 10/7/21 at 9:19 pm
Posted by GhostOfFreedom
Member since Jan 2021
13035 posts
Posted on 10/7/21 at 9:18 pm to
Then short it. You are obviously so smart. Short GME and make a fortune.

Posted by BurningHeart
Member since Jan 2017
9957 posts
Posted on 10/7/21 at 9:20 pm to
I would if I had a crystal ball to give me assurance of no more temporary hype over this company that forces a margin call.

Posted by bbvdd
Memphis, TN
Member since Jun 2009
28072 posts
Posted on 10/7/21 at 9:23 pm to
quote:

Then short it. You are obviously so smart. Short GME and make a fortune.


Ever heard the phrase: “markets can remain irrational longer than one can remain liquid”

Long Term Capital had their bet correct but they lost all their capital before it could be captured.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
28072 posts
Posted on 10/7/21 at 9:32 pm to
This original trade was a great trade.

The guy on Reddit did his work and discovered these stocks that had the majority of their float shorted.

He couldn’t capitalize on it himself because of a lack of capital.
He correctly bet that he could sell this trade to people of Reddit. It really didn’t take all that many to go long the stock and caused the squeeze.

He then did the same with other stocks. That still does not mean these stocks have value.
Posted by CleverUserName
Member since Oct 2016
16172 posts
Posted on 10/7/21 at 9:37 pm to
quote:

Low risk, TONs of Money. Life changing Money.


Ehhhhhh.. at 170ish a share? Nahhhhh. I’m glad for the folks who took some cash and bought in when it was below 10 bucks… but I’d rather look for some oil drilling or nat gas exploration penny stocks to gamble with right now. If I was going to chance some money and try to hit on an unlikely winner.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82043 posts
Posted on 10/7/21 at 9:40 pm to
This is the most pitiful attempt to try to get your own GME investment back above water I have ever seen
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