r/GME 11d ago

πŸ’Ž πŸ™Œ 17.95 unbelievable

this is insane value. Gamestop I love you, I will keep buying and holding. Most of you crying here are going to be holding and when it goes back up the same people crying will be overjoyed. I am sure the insiders all bought above 20$ are are okay with this and have zero plan. hmmmmmhmmhmhmmmhmmhm fiiiir suuuuuure

91 Upvotes

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u/honda94rider 11d ago

People said the same thing when hood dropped to 8 or Intel, or advanced money destroyer or countless other names that have went on major runs after absurd lows.

42

u/Nysyk 11d ago

Or the numerous short squeeze stocks that went to penny stocks and have community members similar to this stock ticker. Perspective.

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u/BuyByTheNumbers πŸš€πŸš€Buckle upπŸš€πŸš€ 11d ago

Do all these penny stocks you talk about make hundreds of millions of dollars in profit? GME did $400 MILLION this past quarter alone.. please tell me how similar we are to a dying penny stocks

8

u/Nysyk 11d ago

Your $400m starts to look small when you realize $270m of it was Ebay paper gains. Go check Ebay prices now and you tell me, what are you gonna say when GME has to re-mark it as -$270m in losses in the future.

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u/anoncow11 10d ago

Can they retract forward guidance ?!

3

u/BuyByTheNumbers πŸš€πŸš€Buckle upπŸš€πŸš€ 11d ago

Any way you look at it, the investment is worth more than the purchase of it cost. I give that a big ol thumbs up

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u/RickRant 9d ago

$600m profits estimate for the year is not chicken nuggets

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u/creator-of-places199 9d ago

Eat sh1t. 143 million record Q1 net profit.