Elucidate? What are you, a famous sci-fi author or somethin'?
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Women can't math
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They also all lied about closing their positions and put out a bunch of articles saying as much. It’s probably the shit he’s referencing because he doesn’t realise it’s all damage control lies.
I don’t know anything about business fundamentals, but people I don’t like don’t want the price to go up, and were ready to feast on destroying it like the pariahs they are, so fuck em, I’m buying a lil taste and keeping it.
Ryan Cohen is apparently a great manager, who is invested personally in turning it round and has a load of cash to do it.
NoBacon posts the gayest thread of his life and @Sue Lightning still manages to be the biggest faggot in it.
Zoomer scum.
Zoomer scum.
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He can’t help himself. He’s very gay you see.
People have sort of posited this but it could never happen. Boardgame nerds champion small gaming stores and its how they stay open. They have dedicated spaces for tournaments and etc. So even if Gamestop did that (which would cost them a lot of money) it’s unknown if consumers would even be interested in it.
Yeah that one hedge fund, the one thats not the boogeyman of GME apes. That would be Citadel which made record profits through GME’s squeeze. Obviously small or extremely over exposed hedge funds would need to be bailed out but not the 1% boogeyman the apes refer to. This has all been worked out through like 3 years of live posting so if i’m getting shit wrong it’s because i’m pulling from 3 year old info.
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“Just one hedge fund”
“Small or overexposed ones”
*25% of the float is short interest*
Yes but what that number doesn’t tell you is who owns what % of the float. If 10% is owned by just small people, they are fucked and WILL get margin called. If 10% is owned by small hedge funds, they are fucked and WILL get margin called. If that last 5% is in a company like Citadel they are completely fine. Well…they’ll lose money, but they won’t need to be bailed out or something.
Also it really doesn’t mean anything. Back in 2021 before the initial squeeze to $400, the short interest was literally 150% of the float or something. That is completely insane and WILL cause a squeeze like we all saw. But even in those circumstances the studies around that initial squeeze showed most of the price action was not shorts being forced to close and driving the price up, but more so new investors continuing to buy in with the shorts closing only a small factor.
You guys laugh at my math but the reason I was once into GME was that exact reason. I did the calculations myself and went “Holy shit the financial system will collapse if this happens!” Then I read some analysis by someone who knows middle school algebra and realized i was just retarded.
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I agree with the sentiment but I don’t like the tone at the end there, sir.
And thats fine because you’re right, I do get shit wrong. But anybody wanting to prove me wrong on this specific subject would look it up for themselves and see the position i’m taking is the truth, regardless of if my math or small statements are wrong.
They'd have to do market research for sure but there is great overlap in the audiences. Slay the Spire just came out with a board game version and it's pretty dumb that you can't buy it at GameStop. Easy sale to video gamers.
Yeah that wasn't very Christian of him, I'd say.