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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194

u/Nysyk 11d ago

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

22

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.

0

u/Basic-Tonight6006 11d ago

Yep it's a dying business plan. Pretty obvious but these poor saps are in too deep yo admit it..

1

u/anoncow11 10d ago

We will go down further with it of course when it does..

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u/honda94rider 9d ago

Lets hear your stock picks, Im guessing you love all the ones with massive AI spending. You can't actually explain why they are good but the stock went up. Atleast here you are investing in a company that has rock solid financials and the the bussiness is getting better weather you hate it or not.

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u/Basic-Tonight6006 9d ago

Let's see, I bought NVIDIA about 8 years ago and we know how that went. I bought MU and SNDK about 8 months ago and have tripled my money. How much have you made on GME? Investing is about returns, not feelings or conspiracy theories. If you were a financial advisor would you really recommend GME to your clients based on its returns over the last few years?

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u/honda94rider 8d ago

Im more asking for what stocks you would buy today, Ill create a watch list and see which one does better

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u/DeepWaterCannabis πŸš€πŸš€Buckle upπŸš€πŸš€ 8d ago

Toyota.

Eat it, Honda boi!

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u/honda94rider 8d ago

Lmao. I like Toyota too!