I am glad I got the opportunity to profit from GME finally. I got in yesterday afternoon right before market closed at around 112$/sh and then sold this morning at about 135$/sh. I really regretted getting off the ride at first but I am starting to think that might have been a smart move. It is interesting that this is happening right before a negative earnings report is expected. The Apes fudging with stuff again
I dont view GME as being good for anything but the occasional day-trade. I do not have the resources or the nerve to go long on them. I do not believe in their business model whatsoever nor do I see anything proprietary about what they are doing. I could see Netflix or some other company grabbing a chunk of market share as more games move into streaming, virtual reality, augmented realities, etc.
This NFT thing will be a bust. Coinbase, an established crypto exchange with tons of users also has an NFT section, and it hardly gets used.
Carl Icahn still short? They bled it down to $5 once before (actually $1, split-adjusted), they'll do it again.