Good lord man, GME is not AAPL. Next time you have a chance to visit a Gamestop, go for it. You'll see.
See how easy that research was. Anyone fool thinking this rally is sustainable is a damn idiotic fool. How anyone will be surprised when this is trading below 20 again will be absolute entertainment. Again I would not be amazed by a selloff down below 100 tomorrow
Bank holding company? Naaa.. that's old school gramps. Apparently you didn't hear... the Chewy guy said they're converting all their stores into marijuana dispensaries. GanjaStop's. Bingo! BTFD!
you are looking at it wrong. Chewy sells dog food over the internet snd is valued at 7x sales. At 7x sales gme should be a 600 dollar stock. earnings are a boomer thing. Get with the times.
Just guestimating based on the avg Delta since it closed at $148... the Nov 2021 $230 puts should be about $185 here at $223. $38 BE point.
Sounds like a very far downward slope to get GME to $38 by nov 21, however if this stock can go from $10 to 230 and probably 300+ tomorrow based on zero fundamentals and zero game plan to create any major future revenue streams, $38 is extremely doable in the weeks and months ahead. There is no way gamestop can keep momentum like this. The entire market is in a bubble and these types of moves in stocks with zero fundamentals are proving just that.
Blackrock just took 13%. http://archive.fast-edgar.com/20210126/A3B2S222Y222K2Z222252WZZNENQ52A2K232/ They didn't even file the HTLM version. Wtf is up with that? Keep the confusion alive and well? Somethings up. Hmmm. I'd short Corsair. CRSR. I have a feeling GME is heading into their backyard in a big way. No one here even mentioned that 100M shelf registration. They have no debt... and now they can dump shares and bank bucks. I dunno. I wouldn't be long Corsair though. jmo
I seriously doubt reddit moms basement types are moving this stock. I don't care how many there are. They are the catalyst but deep pocket hedge funds are pushing this stock around, make no mistake. Short squeeze strategy activated with big dollars, not reddit 5k accounts.
Do any of you think that the reaction after hours could be indicative of big money taking their positions on the bull side?