GME - GameStop Corp.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Tiptopptrader, Apr 24, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    I believe there's some legalities to it I read during this whole fiasco where it takes awhile to get it all processed.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    In theory, the short squeeze could happen again. WSB is in disarray now, and there's no way they could regain the same support and all get back on the same page. It will not be reaching multi-hundreds again. I believe it's just as shorted as it's ever been though, last I heard.
     
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  3. StockJock-e

    StockJock-e Brew Master
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    That is true, but there are also 1000 different hedge fund and algos all watching it with microscope getting ready to pounce, making it less likely.
     
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  4. StockJock-e

    StockJock-e Brew Master
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    Check out this crazy +50% bounce

    upload_2021-2-5_7-56-36.png
     
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  5. StockJock-e

    StockJock-e Brew Master
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    geez, so much buying still propping this up.

    Im so curious to see what GME ends up doing as a business in the long run, they better be good! :D
     
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  6. Rustic1

    Rustic1 Active Member

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    Reports are saying they will be closing lots of stores and leaning towards online. Have brought some key players on-board.
    At some point more and more will follow, going to be a lot of empty offices and buildings as we have learned this past year.
    Makes you wonder how it will impact some REITS and others that are retail heavy.
    SEARS was a example of what happens when you don't change with the times.
     
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  7. StockJock-e

    StockJock-e Brew Master
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    We need Amazon to go in and take over all these empty spaces!
     
  8. Rustic1

    Rustic1 Active Member

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    No doubt, if I'm not mistaken a couple of their guys went to gamestop.

    Amazon built a HUGE fulfillment center in my area years ago, its like a colony of army ants. I can order today and have it tomorrow and never leave the couch. Hell, we can do that with groceries nowadays. AI is nothing to ignore, the new green deal is here.
     
  9. TomB16

    TomB16 Well-Known Member

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    I'm sure GameStop is working on drone delivery of Atari 2600 cartridges.
     
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  10. Rustic1

    Rustic1 Active Member

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  11. Rustic1

    Rustic1 Active Member

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    Like this? Screenshot_20210205-134256_Chrome.jpg
     
  12. BigPear

    BigPear Member

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    just so you know short interest was never at 140% the high was 60% and now it’s at 30%.
     
  13. Syynik

    Syynik Active Member

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    Watched the Friday AM open and thought "Good thing you dumped those 10 shares!" Then checked in about an hour later. Let's just say I called myself a big dummyhead.

    Sooooo.......drop first thing AM, run up, then float slowly down until 4? Am I getting this right? :lauging:
     
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  14. Rustic1

    Rustic1 Active Member

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    Would like to see the actual data to back up your claim. If 60% can turn the markets upside-down, I have lots to learn.
     
  15. leonx81

    leonx81 Well-Known Member

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    Still holding GME. Was up $9K but did not sell.

    Perhaps this is one of my worst trades in years.


    upload_2021-2-8_11-24-16.png
     
  16. Rustic1

    Rustic1 Active Member

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    Hate to heat it. I'm not in or have been. Bought 1 share as a souvenir but knew it would crumble.

    I learned a long time ago to avoid greed and fear.

    I typically will break a finger to realize a small gain instead of trying to milk the last penny.

    I almost NEVER hit the big gains, but my winners outweigh my losers.
     
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  17. StockJock-e

    StockJock-e Brew Master
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    SOmething diamond hands! :biggrin:

    You and thousands of others, many worse off than you. This was a hard lesson for so many new arrivals.

    I hope this experience does not lock them out the stock market going forward, its important to learn from the mistake and keep at it.
     
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Finding support at $58 today, great level to trade against.
     
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  19. StockJock-e

    StockJock-e Brew Master
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    That support!

    upload_2021-2-8_11-3-1.png
     
  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    This is going down some more.
    Don't try to be a hero right now.
     
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