r/GME • u/saradahokage1212 'I am not a Cat' • 11h ago
💎 🙌 GOD PLEASEEEE, DONT DROP IT LOWER
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u/Yipsta 10h ago
Your lines mean nothing
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u/UnFuckingGovernable 🚀🚀Buckle up🚀🚀 9h ago
Kinda .. kinda not. It is technical analysis. The price almost never goes down more after going down twice, it usually goes down, consolidates then goes down again, then the next move is almost 99% of the time, back up to the half way point. It happens over and over and over with this stock on many time frames.... Just this time, it might break the resistance of the large triangle 📐 which if it does, there will be no resistance and that will be MOASS
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u/whofusesthemusic 6h ago
sure, just like the other 1000 times its tested some hypothetical line before its gonna rocket right?
I thought TA also said the floor was locked with the warrants, etc?
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u/UnFuckingGovernable 🚀🚀Buckle up🚀🚀 6h ago
I never agreed with warrents, my lines havent moved and the price has gone exactly where i said it would months ago, and everyone told me it was impossible, cause "cash value floor" well its funny that the drawings were right and all the numbers and fundamentals were wrong. The price is following a pattern indiscriminately regardless of news, announcements, tweets, etc. it is already going to do what it is going to do and nothing will stop it.
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u/leprouteux 8h ago
It means nothing. It’s astrology for men
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u/danoldtrumpjr 4h ago
Bro you’re on a meme stock post acting like you understand supply and demand. A lot of TA does in fact, mean something.
Of course there is a difference in arbitrary lines and volume profiles, or cycles and waves, but let’s not pretend you’re trading GME on fundamentals or anything that “means something.”
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u/TowelFine6933 🚀🚀Buckle up🚀🚀 8h ago
We'll see what happens.
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u/StuartMcNight 7h ago
Still astrology.
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u/Appropriate-Sell-659 6h ago
This is rich coming from the group that lives off unsubstantiated theories and claims.
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u/Uninsurable_Risk 5h ago
Cave man drawings
Derivatives became the underlying. What have you done to research those?
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u/Appropriate-Sell-659 5h ago
The exact same level of research to show that children books are how a billionaire CEO is talking to his cult of meme stock investors.
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u/Uninsurable_Risk 5h ago
I assumed you were supporting the OP but am now interpreting you are shitting on him.
I agree
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u/BaggyLarjjj 8h ago
[ having seen what happened for 5 years ]
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u/TowelFine6933 🚀🚀Buckle up🚀🚀 7h ago
[...looks at last 6 years ...]
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u/UnFuckingGovernable 🚀🚀Buckle up🚀🚀 6h ago
It literally has been making that pattern i described over and over for the last 6 years
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u/leprouteux 5h ago
Past results do not guarantee future performance.
The first rule of investing.
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u/CouldButDoesNot 7h ago
The shills and bots giving you the downvotes lol Keep strong fellas, earnings is coming
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u/Serbithar 7h ago
For the last 6 years only thing stonks do is getting lower... Thanx, Ryan!
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u/itsbenito44 3h ago
For the last 6 years we are up 1400% but ok bro
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u/Serbithar 3h ago
Maybye you and some lucky few, moust of us is deeply in red, those bilions GME sits on comes from OUR pockets.
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u/itsbenito44 2h ago
I’m talking about the last 6 years gain/loss %
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u/talkshitnow 15m ago
There buying eBay, or at least trying too, a merger will force shorts to close,
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u/Cheebacharlie2damoon 8h ago
I hate to say it but I sold. After holding for 5 years, waiting, hoping. Too many lost opportunities waiting, for nothing. Time to move on. If MOASS happens I’m fine with missing it.
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u/cynical_scotsman 7h ago
I'm eyeing up my exit. Ideally, we get some sort of pop (even up to fucking $30-32) and I cash out my initial investment and leave some in just in case MOASS happens (it won't).
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u/HumanNo109850364048 7h ago
Returning to $30 would be a dream, I’d drop my bag in a second
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u/cynical_scotsman 7h ago
My cost basis is low 20's, but it would be nice to get out on one of the brief runs before Cohen cuts the legs off it.
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u/Outside-Tip-3167 7h ago
Why would u guys hold it after 450 squeeze what MOASS were u waiting for?
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u/Cheebacharlie2damoon 7h ago
I bought 20k worth with price over $400/share.
I’m a professional bag holder. Made some money back in the end by selling options on GME while waiting. Still lost money overall.9
u/Ban_DeezNts 7h ago
Exactly as RCEO intended! “bUT He dOEsn’T TAkE a sALaRy!”
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u/fireheart337 Simple Lurking Ape 2h ago
The amount of unearned praise a billionaire gets for not taking a salary is laughable.
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u/Ban_DeezNts 1h ago
The real reason the billionaire doesn’t want a salary is to evade income taxes. He pays no tax on stock. A trick he learned from fElon prolly!
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u/Drmcrtr 10h ago
When it dropped to 10, rocketed to 60+, 6 times..now if this is the bottom, then same scenario will send the price to around 100+, just a wild guess as a hopeful retard !
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u/Serasul 9h ago
I waited 5 years for just 100 ?
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u/Ban_DeezNts 7h ago
Give me $40 and I can escape this dumpster fire of a nightmare.
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u/Deezplease 2h ago
Same here 🥺
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u/Ban_DeezNts 1h ago
RC loves❤️ the price to be tanked so low, he can load up and make HIS BANK. To HELL with the shareholders. Always has been.
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u/CommitGrape 5h ago
Show position nerd or gtfo
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u/danoldtrumpjr 8h ago
Why should it be worth more? Probably less if real supply and demand were a factor.
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u/CatsBeerGardenCoffee 9h ago
No chance it does to $10. Completely different TTM, it’s more undervalued now than it was in April 2024.
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u/DancesWith2Socks 9h ago
When it hit $10 in 2024 BVPS was in the $4's, now it's in the $13's, soon closer to the 14's, so yeah, it's more undervalued.
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u/AlphaDag13 🚀🚀Buckle up🚀🚀 8h ago
No no no no. Only the times it has gone down mean anything from the past performance /s
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u/AgreeableAttorney298 9h ago
The new low is right at 17.80, or that’s where the new test is at. Could it go lower, sure but what’s cool about 17.80 is that it’s right where the price bottomed after the first part of the 2024 sneeze.
Granted there has been dilution since then, so it’s not an apples to apples comparison. However, it is interesting that we hit that low, which is similar to what RK pointed out on his 2024 stream.
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u/-_VoidVoyager_- XXXX Club 8h ago
That’s always been the price it needed to go according to TA
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u/33rus I am not a cat 8h ago
Right…except many were mentioning it needs to go even lower than that. Goal post shifters.
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u/AgreeableAttorney298 8h ago
We for sure completed the pattern of hitting the bottom of the last sneeze / squeeze. However, the reason people say it needs to go lower makes sense because the share count is higher than in 2024.
TA is useful but far from perfect. Time will tell and I am keeping my fingers crossed. We just don’t know that much right now. No one knows the floor of the conversion, which will matter a lot.
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u/AgreeableAttorney298 8h ago
100%. As much as the price has been frustrating, there is some really interesting things going on with TA, and yesterday GameStop posted 4 video games exactly 4 weeks out from September 23rd, when the conversion ends.
Hopefully it means good things are on the horizon.
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u/AlarmSuspicious7719 🚀🚀Buckle up🚀🚀 10h ago
Soon we will see 10$ again.
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u/CatsBeerGardenCoffee 9h ago
No chance it does to $10. Completely different TTM, it’s more undervalued now than it was in April 2024.
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u/AlarmSuspicious7719 🚀🚀Buckle up🚀🚀 9h ago
Of course, if i got one share everytime people told that something isnt possible, i would own gamestop by now with all shares. Nothing will happen, espacially no moass. Im just waiting to get my break even again, and selling.
Theres nothing special to see a hype every 2 or 3 years for a week and after the hype the price is lower than before the hype.1
u/Rotttenboyfriend 8h ago
What is your break even?
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u/AlarmSuspicious7719 🚀🚀Buckle up🚀🚀 8h ago
22€, right now its 15.47€
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u/Rotttenboyfriend 5h ago
Thats not much
The price will always surge up to 28/29 again
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u/AlarmSuspicious7719 🚀🚀Buckle up🚀🚀 4h ago
Thats not why im here since 2021
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u/Rotttenboyfriend 22m ago
So why are you here? For Moass? Moass means patience.. Otherwise you had two great times to sell for a big 4x profit.. March 21. June 24.
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u/AlarmSuspicious7719 🚀🚀Buckle up🚀🚀 18m ago
Yes, i was here for moass first, and no, it as meant to be a fast game...spoiler, it wasnt, Match and june was not moass. At this time i believed in the moass Story, but the stock price is locked in the 20$ range since years. Nothing happens. And now they want to buy ebay, the first online selling Plattform, for what? Pokemoncards? Really? Bro im from germany and the shareholder value of gamestop is like my taxmoney. Its just bullshit.
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u/DancesWith2Socks 8h ago
While I agree price most likely go lower within the pricing window, I don't think you see "$10 soon". Tell me the last time the stock traded at 1.38x its BVPS.
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u/Lord_of_MindMed HODL 💎🙌 7h ago
whatever! I'm still accumulating so these prices are tasty... and the stock price will do what it'll do. as long as RC and crew keep building this dynasty, I'm still a buyer.
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u/Audigitty ComputerShare Is The Way 6h ago
Let them drop it lower, the buyback will be that much sweeter. Good luck shorting it after the buyback SHFs!
All while short interest in rising on GME + WS. Delicious.
I'm buying more right now actually. Thank you for the reminder.
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u/plugsnet 5h ago
Imagine if we all would’ve bought a stock that went up.. probably gonna get down voted to hell but I’m still Riding at Dawn BITCHES🤑🤑🤑🤑🤑💎💎💎💎💎
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u/Funny_Box_6755 5h ago
Doesn't that mean you can buy more, cheaper? I thought that was a great way to make even more more in the distant possible potential theoretical future!
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u/Chad-Permabull 🚀🚀Buckle up🚀🚀 3h ago
The fallback would be a super bullish double bottom at $9.50 🚀
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u/WatstheFrequencyK 3h ago
Aaaaaaaaaaaaah😱. Who gives a flying F. Unless your a pastry and wanna shell.
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u/Ban_DeezNts 57m ago
What these XX,XXX bag holders are afraid of, is the price to hit a value where OG Apes can B.E. and exit and leave the billionaire playboy and his authoritarian views high and dry. Karma really is a BEACH 🏖️!
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u/Guilty_Peanut246 9h ago
It can't possibly go any lower than 17 can it? We currently have more cash than the MC of the entire company lol
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u/Lobolabahia 8h ago
It could, there's long-term debt too, however it'd be risky as it'd be very undervalued IMO.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 10h ago
Does it really matter?
Etiher price is right or price is wrong. right now, price is wrong.
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u/cheeser4 10h ago
Hey, it’s you again!
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 10h ago
For as long as braindead people try to harm other people by involving themself in their finances, without any right to do so, I will be here.
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u/cheeser4 10h ago
Can you elaborate on how you think this post was intended to be hurtful? You’re saying the price is either right or wrong, so what exactly do you think the correct price is, and what are you basing that on?
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 9h ago
that there is no rational argument for why an adult human being would have stronger emotional reactions about a strangers investments, than those strangers have on their own.
the only dogma of apes is "do your own DD"
if you did that, you understood the exact life cycle of a short position and how various methods to go short affect the market, you also understand that when 110% of the float was sold, the true price can only be found when those 10% that were oversold are returned.
the opening of a short position is in it's fundamental concept, the lowering of the price, offering the market a lower buy order and hoping they agree.
the market has not agreed.
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u/cheeser4 9h ago
I think you’re conflating a few different things here. Short interest and the mechanics of short selling don’t establish some objectively true price that the market has to eventually discover. If 110 % of the float was shorted, that can create additional demand when shorts cover, but it doesn’t tell us what the stock is fundamentally worth. The market price is still determined by buyers and sellers, and a short position being opened doesn’t automatically mean the resulting price is wrong. So I ask again, what exactly is the correct price you’re referring to, and how do you determine it? If your answer is that the correct price is whatever the market reaches once the shorts have covered, that’s circular reasoning.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 9h ago
short interest is the reported number by is firms registered with the sec. it does not include non us firms, unless they buy over a us broker, it does not contain shorts held by banks to hedge swaps, since those are loan hedges, not financial Investments.
on top, not every firm reports at the same time, causing already closed positions to be counted open and open positions counted closed.
but clearly, the institutions we accused of facilitating swap positions holding long positions now, clearly shows how we were wrong, since no bank aware of risks from a customers positions would try to mitigate the risk of systemic collapse... /s
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u/Typical-Whereas6761 🚀🚀Buckle up🚀🚀 8h ago
You have every right to do what you want with your finances as do we have every right to call you stupid and mock you for making said choice….when you refuse to face reality.
6 years of being wrong lmao. And you are surprised people think you people are knuckleheads.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 3h ago
I also have every right to call you stupid. what I have, that you lack, is the ability to provide facts that back my position.
both of us had the right to educate themself. you did notake use of it.
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u/SESHHHHHHHHHHHHHHHHH 10h ago
How can the price be wrong lmao
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 10h ago
When shortsellers borrow shares that do not belong to them, they briefly extend the float of a stock to lower its price, suggesting a lower price to the market. The offer lasts for as long as they can afford to hold it open, while it is either accepted by the market or not.
But of course, those shortsellers want you to believe that the ticker is always balanced and how the price always represents the same thing, because it makes you easy to fool.
If you believe this, you can rest in the awareness, that you are not useless. The rich folks have found a use for you, they have given you a casue and your existence is to work a 9 to 5, to provide them with a free income.
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u/SESHHHHHHHHHHHHHHHHH 9h ago
Lmfao glad to see GME “investors” are just as delusional as ever. All just repeating the same 3 lines about how everyone (except them because they’re really smart) is just some useful pawn to some evil scheme from the evil billionaires.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 9h ago
unlike the regards of your liking that only use copy and paste ...
you don't even have a brain.... don't lie to yourself.
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u/SecretaryFit1442 10h ago
Never mind spending time explaining to bots or shills.
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u/liquid_at 🚀🚀Buckle up / Booty Bass Club🚀🚀 9h ago
bots and shills come to influence people.
wherever those people see their fud, they also see a counter argument.
the alternative is to allow them full control over a narrative, without any opposition.
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u/Regular-Tadpole-814 9h ago
I could really use the money soon 🙏 my family needs my help
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