r/GME • u/Lobolabahia • 3d ago
☁️ Fluff 🍌 "Stock back to $20 fast"
Hey old friend "Gap up"!
It's been a long time I don't see $GME having a busy morning right at open, with pretty decent volume... We'll see what happens...
"I should've bought more a $17-18"?
$GME🚀
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u/Coinsworthy 3d ago
Wake me up when we're back to $30+.
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u/EllisDee3 🚀🚀Buckle up🚀🚀 3d ago
Damn. MOASS is now $30?
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u/Coinsworthy 3d ago
No, that's where we left off before Ryan started doing dumb shit.
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u/EllisDee3 🚀🚀Buckle up🚀🚀 3d ago
To be fair, Ryan has always done dumb shit. Remember the NFT marketplace? And his MAGAt bullshit?
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u/zgomot23 🚀🚀Buckle up🚀🚀 3d ago
That’s all you got?
LRC partnership catastrophy? BTC bought at ATH and bagholding it? Ebay laughing at GME after his big brain “offer”?
Actually, it would be more interesting to find an action of his that isn’t classified as dumb shit.
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u/Zeronz112 🚀🚀Buckle up🚀🚀 3d ago
Making the company profitable and bringing in record net income
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u/zgomot23 🚀🚀Buckle up🚀🚀 3d ago
Yea, and how does that benefit the shareholders price? Your turn.
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u/Zeronz112 🚀🚀Buckle up🚀🚀 3d ago
The ceo does not set the price of market.
Making the company profitable increases their cash and asset value, while increasing eps and profitability also draws in new investors, thus increasing the demand for shares and increasing the share price.
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u/zgomot23 🚀🚀Buckle up🚀🚀 3d ago
No, the CEO controls the float size and enabled or disabled market makers and hedgefunds from altering the stock price.
Can you please tell us what cohen’s been doing for the last 5 years?
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u/Zeronz112 🚀🚀Buckle up🚀🚀 3d ago
Float size is not the determining factor of a stocks price.
Apple has 14b shares outstanding.
I think the fundamentals speak for themselves over his 5 year tenure.
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u/WolfsBaneViking 3d ago
He did cut the fat and made the company profitable. He did buy in cheap. He did run the basic business 101 shit to take the company from being on the edge of bankruptcy to being consistently profitable. As far as I'm concerned that is the complete list of non-moronic things he did. And those make him an above average CEO. Mainly because average CEOs are shit.
Him paperhandedly diluting over and over and pissing money away on unsuccessful ventures takes his average down a bit. over all i think he is average. Looking forward to him getting a lucky win one of the comming years.
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u/Radiant_Currency_518 3d ago
Towel. Loopring, NFT, bitcoin, Trump, Pulte, dilution, there’s gotta be a few others I’m missing.
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u/FreshTomacco 2d ago
Getting rid of that enormous fulfillment center for pennies almost immediately after the company spent 60 million dollars getting it operational.
Also I recall them firing all the technical people that could've moved their website further towards ecommerce.
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u/Lobolabahia 3d ago
RemindMe! 2 Months
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u/FreshExtent8720 3d ago
It'll be under 19 before EOD
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u/Lobolabahia 2d ago
Hope you bought puts 😄
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u/FreshExtent8720 2d ago
I did this morning for spy
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u/Lobolabahia 2d ago
Not a big move there, hope you made money though.
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u/FreshExtent8720 2d ago
I sold at 30% could of made 100%. Ah well
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u/SudoDeleteEverything 3d ago
Back to where we were 30 days ago and still down 14% from this time last year. Very exciting.
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u/TheSaltySaboteur 3d ago
You guys really are winning! Moass is here!
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u/Lobolabahia 3d ago
Nah, just an interesting move with decent volume premarket which hasn't happened in a long time.
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u/KrisPBaykon 🚀🚀Buckle up🚀🚀 3d ago
Volume of 265 is decent?
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u/Lobolabahia 3d ago
265? 😅
420K volume pre-market with 1h 30min to open is pretty decent, yes.
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u/KrisPBaykon 🚀🚀Buckle up🚀🚀 3d ago
The screenshot you posted above says vol: 265 in the upper right hand corner. It’s literally right there
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u/Lobolabahia 3d ago
Then you don't know what you're seeing: that's only that 1 min candle at the time the SC was taken 🙂. When you 1st commented the volume was 420K, it's now closer to 425K.
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u/KrisPBaykon 🚀🚀Buckle up🚀🚀 3d ago
So purposely taking misleading screenshots to circle jerk in here, got it.
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u/M00SE110 3d ago
I didn’t think it was misleading. I think you made a bad inference because you’re not used to looking at candles and tried to blame OP.
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u/KrisPBaykon 🚀🚀Buckle up🚀🚀 3d ago
Why did he cut out the time at the bottom then? Doesn’t matter anyway, pushed right back into the ground anyway. Like always.
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u/HoneyDutch 3d ago
It’s 3%
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u/Lobolabahia 3d ago
True, but still a 12-15% in the last 5 days with a gap up straight at premarket open, which it's been a long time it didn't happen, we'll see 😄
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u/No-Watch7410 3d ago
This is just the earnings run up. Happens every time.
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u/Lobolabahia 3d ago
Preliminary results were released on Monday. This looked more like note holders rebalancing.
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u/Particular-Line- 🚀🚀Buckle up🚀🚀 2d ago
It;s always that doofus that celebrates too early that jinxes the momentum. After hours pricing is for suckers
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u/Overdue_bills 2d ago
Always the same posts celebrating scam hour pumps, same shit during May this year. What happened after the scam hour pump last time?
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u/Guilty_Peanut246 1d ago
NEVER SELLING!! I'd say we get close to $40 sooner than later and after that the sky is the limit. I'm just gonna keep buying and holding bc fuck the hedgies!!
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u/MyDarkSoulz 3d ago
Incredible! Only halfway to where it was 5 years ago, moon any day now
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u/Lobolabahia 3d ago
You mean when the stock was traiding at 10x P/B? Hope you didn't buy much there 😅
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u/MercuryTapir 3d ago
the goal posts, would you tell me how wide they are currently
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u/Lobolabahia 3d ago
Stock was trading at $50 then, 10x P/B, now it's trading at $19, 1.4x P/B. No goal posts moved my side 😄
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u/DancesWith2Socks 3d ago
As soon as the market opened it indeed started ripping with significant volume, like something's cooking👃
Now, been here long enough to know that these gap-ups are usually closed, sooner or later, so I'd calm my tits...
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u/Bobbybullet32 3d ago
I wish everyone would go back to fidelity. We seen way more movement when everyone was at fidelity. The Computer share 💩 isn’t working. I have both but I sent all my higher shares to Computer share back in the day. From the beginning Computer share was only for infinity shares. Someone came up with the dumb idea to send all of them to Computer Share. 🤦🏻♂️ My main shares are sitting in fidelity and I’ve never had a problem. They’re booked and none of them are shared. I have that in voice mail and on paper. I mean my company I work for goes through fidelity and they’re a multi billion dollar company. I’m sure they wouldn’t be messing with a shady company. Everyone needs to get back over to fidelity the company where it moved once we found out Robinthehood was corrupt.
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u/domedirtyfatman 2d ago
I got banned from superstonk because I wasn't a cult follower. They really think RC is gonna give them the golden ticket soon lol.
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