DFV bought at 4 and already cash out 13M. Even if drop to 0, he's a millionaire already. What price you guys buy in?

He has been partially selling since last year. He is still holding majority of his stake.

It is expected to drop abit now or next few days as this is a volatile stock.

Long term holder, don't care about the price today. At least it was significantly cheaper than the 300USD price point a mere 4 days ago.


I look at where the stock will be in a year, 4 years, and even 10 years time.

$10 price range for this stock is not possible anymore.


Why I think Gamestop is a good buy. Gaming is an expanding market, especially during covid where everyone can't go out anymore and need to find other sources of entertainment. Gaming is naturally, the best home entertainment you can do at home.

So they will be selling alot of new gen consoles this next 2 years. I expect big profit numbers from just the sales of new consoles.

They are also huge globally too. EB games stores in UK, Canada, & Australia are all owned by Gamestop.

I also like their strategy to move into the e-Sports scene, close down their physical stores, & they are also ramping up their digital sales and have a big deal struck with microsoft for profit-sharing on online purchases. I believe they are positioning for a big move into the space that Epic & Steam are in. Becoming a curator of games and sell online. And being a public listed company, they have the funds and financial backing to take on Epic and Steam.

Too many shorts. It will go down to sub $10 range for sure before any rebound.

Hat tip: never catch a falling knife.

There are more buyer than shorts.

Shorts are looking to EXIT out of their position.

This post has been edited by Liamness: Feb 3 2021, 02:21 PM

lol wtf is this pile of garbage

> "i look at where the company will be in ten years"
> talks about gaming during covid lockdown

> "gamestop is huge globally"
> "i support them closing their physical stores"

You may want to check whether your analysis is internally consistent before writing so lengthily.

Need that bicycle meme for this thread

gaming during lockdown helps boost short term sales and attract long term customers. More and more people are taking up gaming as their entertainment and hobby.

Long term, gamestops other plans such as my aforementioned venture into eSports and partnership with microsoft that will experience big uptick and growth, in the digital sphere, which gamestop didn't have much presence in, but will do in the very near future.

Physical stores is a sunken cost. What I'm more interested in is how established is the brand itself. And gamestop, through EB games holds a very significant stronghold on aussie, UK, and Canadian gaming markets.

You can think of them like Harvey Norman in Malaysia.

When you are that big of a house-hold name, you no longer need to operate with a physical store.. People will remember your name, & go visit your online store instead.

My analysis is pretty sound, unlike yours, that simply link without actual thought or research put behind and just using sound bites to paint a distorted picture..

another thing I forgot to mention is that game stop is also doing a subscription, and maybe even gaming streaming platform. Which was something blockbuster couldn't do. Infact, game stop may be the very first company to go big on the gaming streaming platform. That is another hugely untapped market.

This post has been edited by Liamness: Feb 3 2021, 04:37 PM

Seems like people are looking for reasons to justify holding GME for the long-term now. Not bad not bad.

Dropping to 7x in premarket. So, what to do?

BBBUUU? Or DDDSSS?

Hoot nia... Wall Street needs their bonus from tards...

im going to guess that you didnt even open one of GME's quarterly reports, right?

go look at GME's revenues for 2020 and 2019, and tell me again whether sales have been boosted.

Yup, but 2020 and 2019 dont have the added sales boost of next gen consoles coming to market.

2021 is going to be a good year for Game stop. It wont reach 300usd, but I'm hoping for a stable 10-12% return this year from them.

Stable and Gamestop shouldn't even be in the same sentence.

haha true, atm it's volatile. Let's see where it goes in 4-5 months time after the hype dies down.

That being said, I'm secretly hoping for the price to hit $400 again, and I sell my shares and make a nice profit. It be stupid not to cash out if there is a wild run again.

Guys, mohon pencerahan. I also want to invest in stock options in US.

But Robinhood only cater to US residents.

Any brokerage for us to register that has zero commissions like RH?

Definitely not untapped market
Game streaming services at least started back at least 5 years ago

https://www.consumerreports.org/gaming/best...aming-services/

https://sea.pcmag.com/security-devices-prod...eaming-services

.
Looks like you have bought into the r/Wallstreetbets hype by r/DeepFuckingValue aka Keith Patrick Gill who is a Mutual Fund insider, having bought many Gamestop/GME shares at about US$5 each a few months ago and who have been touting Gamestop Corp as a good investment and ranting againt the HF short-sellers of GME shares like Melvin Capital.

Those who have recently bought GME shares at >US$100 each likely got scammed by the HF/MF people or BIG Shark manipulators, including by r/#DeepFuckingValue aka Keith Patrick Gill.
.

im going to give you a freebie.

gme has negative profit margins now, but lets say a miracle happens and it gets a profit margin of 5% on all new business. that's slightly generous given its historical average. then we'll also given a generous pe multiple for gme of 15. reasonable enough for a retail store with some brand recognition.

at 70 mil shares outstanding, for GME to be reasonably valued at 100usd per share it needs to generate about 466 mil in profit. at 5% profit margin, it needs to find an additional 9.3 billion in revenue. back of the envelope calcs so i'll ignore all the other numbers.

actually, since its most recent result shows that it had a loss of 460 million, they'd need double the additional revenue - i.e. to make gme's stock worth 100usd per share, they'd need an extra usd18.6 billion in revenue. their most recent annual revenue was 6.5 billion.

so yeah, gme is definitely not worth 300usd.