Disagree, when Berkshire buys something they report it. If following that same holding company model then GME has to report, shareholders are legally entitled to know what the company is doing. There's also the example of Tesla and Bitco1n.
Didn't we predict headlines like this a few weeks ago when profits were inevitable? Nice to see the goalposts being moved by hedge fund owned media like MarketWatch and InvestorPlace
Yes, I was there watching live, like most GME holders. I remember the instant it happened, CNBC ran the news with the headline 'GameStop Crashes', right away. It was so scripted, at the same time marketwatch and investorplace, two of the biggest hedge fund owned sites also had breaking news headlines trying to scare people away from GME, and then after that, the constant and endless 'forget gme' articles...It was then I knew they hadn't closed.
Yes, I remember that too. Their fear was palpable. All they had to do was STFU and I wouldn't have bought. That whole saga is what convinced me they're still short.
But we're only at the bottom BECAUSE of the 1 billion cash as safety insurance. As soon as you use it to buy shares, the shorts will see GME isn't so strong fundamentally and short into the low single digits.
I agree buybacks are a very bad idea. I don't understand what you don't get? While RC and team work behind the scenes, put the cash to use as they already are?
You don’t “park” cash in SPY unless you like parking your car on the edge of a cliff. You fundamentally misunderstand how firms need to manage their money.
*Guerrilla ? Or (honest question) did "gorilla" become a slang for the GameStop craziness in the past?
Reference to apes
Why GME?
Ideas on how investors can help GME in marketing and advertising
You won't ever know, specifically, what they invest in, so there won't be a problem.
Disagree, when Berkshire buys something they report it. If following that same holding company model then GME has to report, shareholders are legally entitled to know what the company is doing. There's also the example of Tesla and Bitco1n.
Except when he doesnt
But doesn't he request permission from the SEC to not have to file the report? Because he's a whale who can move (manipulate) the market.
How about replicating the changes that a uk based game retail has performed which made their company a value investment.
what company? what changes? I'd like to know more
Didn't we predict headlines like this a few weeks ago when profits were inevitable? Nice to see the goalposts being moved by hedge fund owned media like MarketWatch and InvestorPlace
Yes, I was there watching live, like most GME holders. I remember the instant it happened, CNBC ran the news with the headline 'GameStop Crashes', right away. It was so scripted, at the same time marketwatch and investorplace, two of the biggest hedge fund owned sites also had breaking news headlines trying to scare people away from GME, and then after that, the constant and endless 'forget gme' articles...It was then I knew they hadn't closed.
They ran the news before it dropped
Yes, I remember that too. Their fear was palpable. All they had to do was STFU and I wouldn't have bought. That whole saga is what convinced me they're still short.
Why GME?
A discussion about how shorts keep changing their narrative, currently, it is about the cost cutting measures that have resulted in smaller revenues.
if we truly believe we're close to the bottom of where they can drive the price, then a buyback right now would be their best bang for their buck.
But we're only at the bottom BECAUSE of the 1 billion cash as safety insurance. As soon as you use it to buy shares, the shorts will see GME isn't so strong fundamentally and short into the low single digits.
I meant the price we're at now ($10 or so) is the bottom because that 1 Billion cash means GME is worth at least $5 a share.
trade complete!!
trade completed, thanks
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I’m going to let someone else tell you why this is somehow a worse idea than everyone talking about buybacks.
I agree buybacks are a very bad idea. I don't understand what you don't get? While RC and team work behind the scenes, put the cash to use as they already are?
You don’t “park” cash in SPY unless you like parking your car on the edge of a cliff. You fundamentally misunderstand how firms need to manage their money.
Not going to argue with you anymore as you're wrong too often and it's not fair on you.
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Citadel just donated that 400m
This is SEO search engine manipulation
Why GME?
This post is about Citadel Securities and their involvement in the 2021 GME saga and the events that took place in the coming months/years
This is SEO search engine manipulation
If you can still buy GME stock, so can the shorts. I don't understand this "nobody is selling" theory.
OK, please let them buy 300% short interest worth of shares, and let me know what happens to the price.
Why GME?
A lot of shills like to point out that 'look at the stock price, the shorts are winning'. This is a counter to that argument.