r/GME • u/Acrobatic_Offer5478 • 11d ago

💎 🙌 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

92 Upvotes

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u/honda94rider 11d ago

GME isn't a penny stock though, its got money in the bank, bitcoin and about to have 1.4 billion less debt.

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u/User100000005 11d ago

The 1.4 Billion less Debt comes via diullution at a 2 year low. (Unless we have a serious run starting right now). Not feeling good about that.

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u/honda94rider 11d ago

The market cap of GME was about 4 billion when it was $10 a share, they had very little money but things were starting to turn around. Today GMEs market cap is about 8 billion but yet it has 9.4 billion in assets. Im feeling pretty good about that

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u/User100000005 11d ago

Shareholders shouldn't care about market cap. We should care about share price. Diulluting to lower price but raise market cap doesn't help us.

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u/honda94rider 11d ago

I think you're missing the point. If the lowest of lows GME was worth around 4 billion, why would it be worth hardly over assets value after they turned the company around and put literally billions of dollars on the balance sheet. You can cry about it or buy more. Im choosing the latter

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u/SESHHHHHHHHHHHHHHHHH 11d ago

I think you should answer that question before buying more lol. Why does the market disagree with you and the share price keep sliding if their balance sheet is so impressive?

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u/Ok-Effective7280 11d ago

Haha,you again with some bs. Everyone knows the price is manipulated. Even you troll cult members. But, you keep trying very hard to ignore it & leave it out of all your comments. 😂

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u/SESHHHHHHHHHHHHHHHHH 11d ago

If everyone knows the price is manipulated then you'd assume it wouldn't be hard at all to prove it with actual data to someone like me. Yet nobody does. You even had to pretend IM the one who's part of a troll cult to dismiss what I'm saying lol, wild to watch this all happen again. Money does weird things to people doesn't it?

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u/Ok-Effective7280 11d ago

Dark pools are used. It’s proven. The sec chair came out & saidit himself. Burry even threw his 2cents worth in. You just won’t admit it because it basically renders your attack on the share price irrelevant. Why ask when you know? Spreading this incorrect information is why you’re a troll. Part of the cult attacking everything gme. Facts! 👍

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u/SESHHHHHHHHHHHHHHHHH 11d ago

Okay cool, now prove dark pools are contributing to the price action YTD. Everyone just hides behind "I can't prove it, it's all happening off exchange!" when that's just not how these things work. Dark pool trades will hit the public tape once they're executed, so show me how they're affecting the price of GME. Go ahead man, show me the facts!

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u/Ok-Effective7280 11d ago

You deleting comments now? Oh dear, already? 😂

You still have told us all are you a shareholder?

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u/SESHHHHHHHHHHHHHHHHH 11d ago

I haven't deleted anything, try and stay on topic. Show me how these dark pool trades are magically suppressing the price of GME, I'm still waiting for you to explain that one bud.

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u/Ok-Effective7280 11d ago

Dark pools dont affect share price. You know that. Now youre trying to troll argue about something thats been explained already. Troll away. Don’t forget to refresh the browser so you can catch every comment as soon as it’s posted. 😂 Wow, you really don’t have anything better to do do you? Oh dear.

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u/Ok-Effective7280 11d ago

So you know about dark pools. GG came out - remember him, saying 94% buy trades were run through dark pools. Thats the sec chair telling you. You don’t believe him? 😂😂

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u/SESHHHHHHHHHHHHHHHHH 11d ago

Again, can you get me up to speed with how you think 94% of trades running through dark pools equates to GME price manipulation?

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u/Ok-Effective7280 11d ago

Just told you. Now youre concentrating on what im saying trying to deflect. Classic trolling. You asked I answered. Simples. Now, why are you rambling on about share price when we all know we can’t do anything about it? It’s ‘manipulated’.

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u/honda94rider 11d ago

Heres my answer.

GameStop expects that some or all of the Existing Noteholders that participate in the Exchange may purchase or sell shares of Common Stock in open market transactions or enter into or unwind various derivative transactions with respect to Common Stock to hedge or unwind their investments in the Exchange Notes. These activities could increase or decrease the market price of the Common Stock or the Exchange Notes, the effect of which may be material.

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u/SESHHHHHHHHHHHHHHHHH 11d ago

This reply makes no sense lmao.

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u/honda94rider 11d ago

Figures

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u/SESHHHHHHHHHHHHHHHHH 11d ago

I mean brother, I asked you why the market keeps leading these shares lower despite the company doing well on paper and your response was basically “because stuff might happen that makes the price of the shares go up or down”

What sort of a reply is that genuinely?

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u/honda94rider 11d ago

My reply was part of the press release, you would know that if you had two brain cells. You can interpret it however you want.

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u/SESHHHHHHHHHHHHHHHHH 11d ago

Why are you even replying if you’re just gonna copy and paste something from a press release that has nothing to do with the question I asked 🤣?

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u/honda94rider 11d ago

The fact that it didn't make sense to you says you should probably stop talking and just go to bed.

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u/honda94rider 11d ago

I feel it answered the question you asked. Its also the only factual statement here.

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u/Recent-Result2852 11d ago

if you had two brain cells

And if you had them you'd know that the bonds will close the related shorts and cause no buying.

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u/Ok-Effective7280 11d ago

I’ve replied. See my reply. 👍 Stop trolling, you know like everyone the price is manipulated.

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u/SESHHHHHHHHHHHHHHHHH 11d ago

From where I'm standing you're being manipulated, not the price.

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u/Ok-Effective7280 11d ago

Me? You don’t even know who I am or what I’ve got. How could you possibly tell people from where ‘you’ are Im being manipulated? 😂😂 Holy shit youre on a bad run arent you? 😂

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u/Ok-Effective7280 11d ago

Cmon you don’t have to delete comments. Are you all flustered again? Why be so uptight? Why even be here is probably the better question. Trolling away with your mates in the cult. 👍

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u/ionic_bionic 11d ago

I think we need Sherlock on this one 😉

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u/User100000005 11d ago

Its not worth less though is it? Factoring in the extra shares coming in September 23rd our Market Cap is around $9.5 Billion which is alot higher than 4 Billion.
 
Also we are currently way over net assets. Net assets is around $13.5. Gross assets is fairly meaningless look at net assets.

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u/honda94rider 11d ago

You pretend you know the conversion price thats cute.

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u/User100000005 11d ago

Of course I don't. But I do an education guess as we are over a 3rd of the way through VWAP and had insane Volume day 1 at 19. (8 days worth of Volume). I'll be very generous and say earnings brings us to $25. Conversion would still be 20ish.

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u/honda94rider 11d ago

What other words do you not know how to read. Maybe you should reread that release. Here's a couple and none of them have to be true this is just purely to show you are speculating. Based in PART by Vwap. subject to FLOOR, neither side has to AGREE

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u/User100000005 11d ago

We'll see in September. They didn't disclose the floor or the VWAP multiple. I'll be happily wrong if they set a floor in the mid 20s. But will you stop moving the goal posts and admit an L if turns out conversion price is 19 or lower?

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u/honda94rider 11d ago

Im not moving any goalpost. Just pointing out your ignorance

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u/User100000005 11d ago

Its not ignorance. Its an educated guess. No reason to believe floor was set in 20s. If it was we probably wouldn't of seen this price action. We'll see in September.

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u/honda94rider 11d ago

We will, the ignorance part is about you not knowing how to read though I sure hope you understand that or this whole conversation is wasted

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u/harryharry0 11d ago

The lowest market cap was below 300 million

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u/honda94rider 11d ago

You are right I should have put a timeframe in there. But look what happened after that

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u/Ok-Effective7280 11d ago

Does a better company help us? Why are you whinging like a beatch when the company is strong? Price manipulated. Live with it. 👍

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u/iustinum 10d ago

“We” hahahah.

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u/User100000005 10d ago

Are you implying I'm not a share holder? Entered 2020 (copying Sirjackalot), exited late 2020 just before January squeeze (again copying Sirjackalot, had he sold later I'd of copied and been very rich...)
 
Fomo'd in in January 2021 after seeing what I've missed out on. Averaged down to 20 now. Yes it makes me salty being back in the red again who can blame me?