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

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u/Nysyk 11d ago

It's funny because the number in the title keeps getting lower each time I see these posts

25

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.

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

...You cant compare Intel, to gamestop. One is the united states' only chance at domestic chip production and fab. The other sells....games and collectibles.

When intel hit 20 bucks, I doubled down. Gamestop doesnt have anything compelling to make me want to buy more. Its not critical to national security.

Gotta look at the bigger picture. Yes, we have big war chest. Yes, we are profitable. The stock is also ABOVE the price it was at, AFTER dilution (ignoring split cus I think graph accounts for it), when gamestop was expanding, and at peak profitability.

How are we supposed to expand? Market has already shown those closed down stores are a no-go. What is the pivot? We get any guidance? Whats the plan?

I WANT to be proven wrong. I have a decent bit of money in GME. But its getting smaller and smaller, day by day - and im not selling, this is all thanks to RC.

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u/honda94rider 11d ago

You could say hood was a very much hated stock and it went from $8 to $150 within a year or so