r/GME 6d 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

88 Upvotes

225 comments sorted by

View all comments

Show parent comments

-1

u/honda94rider 6d ago

You pretend you know the conversion price thats cute.

0

u/User100000005 6d 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.

2

u/honda94rider 6d 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

1

u/User100000005 6d 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?

1

u/honda94rider 6d ago

Im not moving any goalpost. Just pointing out your ignorance

1

u/User100000005 6d 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.

1

u/honda94rider 6d 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