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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 02-25-2021, 05:52 PM   #7906
Hammock Parties Hammock Parties is offline
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AMC and GME are both ****ing losers.

No matter what happens, I'm glad I stayed far away from that shit.
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Old 02-25-2021, 05:53 PM   #7907
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Originally Posted by Stewie View Post
Nonsense. There could be 10,000 committed investors on Reddit that couldn't hold a candle to a small hedge fund.

There's more to this than numbers.
Yeah but these are shitty stocks.

The hedge funds might not even be ****ing with them.
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Old 02-25-2021, 05:56 PM   #7908
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AMC and GME are both ****ing losers.

No matter what happens, I'm glad I stayed far away from that shit.

GME has moved way beyond individual investing. It's about manipulation and which big market maker gets it up the ass. I think it's hilarious.
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Old 02-25-2021, 06:01 PM   #7909
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Old 02-25-2021, 06:02 PM   #7910
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the big boys pump and dump too huh
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Old 02-25-2021, 06:34 PM   #7911
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Quote:
Originally Posted by Stewie View Post
Nonsense. There could be 10,000 committed investors on Reddit that couldn't hold a candle to a small hedge fund.


There's more to this than numbers.
Its a LOT more than 10k.

During peak hours on big gain days there have been over 6 MILLION people online browsing/participating in the GME thread. And that's just Reddit, you still have Yahoo Finance, MooMoo and Twitter with absurd numbers as well.
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Old 02-25-2021, 06:41 PM   #7912
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There's more male fantasy in this thread than in the Gracie Hunt thread.
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Old 02-25-2021, 06:42 PM   #7913
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Its a LOT more than 10k.

During peak hours on big gain days there have been over 6 MILLION people online browsing/participating in the GME thread. And that's just Reddit, you still have Yahoo Finance, MooMoo and Twitter with absurd numbers as well.
If CCIV does anything close to these numbers tomorrow or in the next week I'll take my profits and scram.
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Old 02-25-2021, 06:43 PM   #7914
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Thinking about this. If I were GME management, I'd issue new stock at these levels.

Why not? Lots of buyers out there. A million shares would bring in $100 million. Hell, $30 billion has been traded in two days. Money to reshape the company.

Just a thought.
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Old 02-25-2021, 06:49 PM   #7915
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I seriously see no way Gamestop has any form of a future. It's Blockbuster Video part 2. Unless they create a significantly unique and rich in-person experience that they can monetize, they're done. Even used games will dry up once the market goes full streaming. the developers have NO reason to support retail or disc-based games. They don't make money from resale so they are happy to watch it die.
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Old 02-25-2021, 06:54 PM   #7916
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Old 02-25-2021, 06:57 PM   #7917
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I seriously see no way Gamestop has any form of a future. It's Blockbuster Video part 2. Unless they create a significantly unique and rich in-person experience that they can monetize, they're done. Even used games will dry up once the market goes full streaming. the developers have NO reason to support retail or disc-based games. They don't make money from resale so they are happy to watch it die.
They fired the CFO yesterday because he thought like the scenario you just stated.

I think, and I'm no GME expert, but I think they want to go all in on online gaming, sales, etc.. No retail stores, used games, etc..
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Old 02-25-2021, 07:00 PM   #7918
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There's no reason for anyone to buy from an online Gamestop platform. Steam and Origin already dominate that market.

Gamestop is ****ed.
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Old 02-25-2021, 07:03 PM   #7919
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I seriously see no way Gamestop has any form of a future. It's Blockbuster Video part 2. Unless they create a significantly unique and rich in-person experience that they can monetize, they're done. Even used games will dry up once the market goes full streaming. the developers have NO reason to support retail or disc-based games. They don't make money from resale so they are happy to watch it die.
Ryan Cohen, founder of Chewy.com and e-commerce wizard turned a ****ing dog food reseller into a multi-billion dollar company. He now has a large ownership in Gamestop and has been brought on board to help revamp the company. Lots of speculation but a few insiders have revealed plans to turn stores into esport tournament hosting sites among other things. May work out, may not but I don't think they'll be going out of business anytime soon.
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Old 02-25-2021, 07:05 PM   #7920
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