.
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.

Nobody hoping for 300usd returns dude. Long term, if they deliver 10-12%, I'm happy.

20 shares isnt alot. I'm not going to wake up one day sweating about the need to save those 20 shares. Lol. At worst, just paper loss

if you read properly, you'd realise im saying its not even worth 100.

Alot of people were saying the same thing about tesla. Myself included.

But this is an irrational market and you best believe in irrationality.

The point that helps game stop is there will come a time of a short squeeze. Could be today, could be next week or next month. But it is coming.

Alot of people were saying the same thing about tesla. Myself included.

But this is an irrational market and you best believe in irrationality.

The point that helps game stop is there will come a time of a short squeeze. Could be today, could be next week or next month. But it is coming.

Nobody hoping for 300usd returns dude. Long term, if they deliver 10-12%, I'm happy.

20 shares isnt alot. I'm not going to wake up one day sweating about the need to save those 20 shares. Lol. At worst, just paper loss

The opportunity cost, the thoughts that those money invested in GME could already be making money for you elsewhere must be excruciating.

Someone is left holding that big fat bag.

hardly.. 2k usd aint even a pin drop. If 40k, then yeah.. I might feel that pinch but such small number, nothing to worry la. Besides, my buy in point 100 usd is so much better than those who bought in at 300 just a few days ago.

Bought around 200.....regret didnt buy at 130......see u guy on the moon tonight

Nobody hoping for 300usd returns dude. Long term, if they deliver 10-12%, I'm happy.

20 shares isnt alot. I'm not going to wake up one day sweating about the need to save those 20 shares. Lol. At worst, just paper loss

Nope. Firstly, it's not much to me. 20 shares is nothing.

Secondly, the hedgies are beyond fucked .. They are hoping for the shares to crash back to 4 bucks just so they can exit their short position. But how do you even exit at 130% over shorted? You cant. Lol..

More and more buyers like me, who paid with cash and intend to hold no matter what, fucks the already fucked hedgies..

Nobody hoping for 300usd returns dude. Long term, if they deliver 10-12%, I'm happy.

20 shares isnt alot. I'm not going to wake up one day sweating about the need to save those 20 shares. Lol. At worst, just paper loss

hardly.. 2k usd aint even a pin drop. If 40k, then yeah.. I might feel that pinch but such small number, nothing to worry la. Besides, my buy in point 100 usd is so much better than those who bought in at 300 just a few days ago.

.
If the short-squeeze or Gamestonk of GME/Gamestop shares was a money scam masterminded by the HF/MF conspirators to push up the price from US$20 to >US$100 in Jan 2021, they were banking on millions of indifferent Retail investors like yourself to make their U$ billions in profits, ie 20 shares bought in at US$100 each can become a total loss of US$2k X 5 million Retail investors = US$10 billion profits for the HF/MF.

OTOH, for those indifferent Retail investors who recently bought 20 GME shares at US$300, their loss will be about US$6k = US$30 billion profits for the HF/MF.
........ And those Retail investors who bought 100 shares at US$100, their total loss can be US$10k = US$50 billion profits for the HF/MF. .......

https://cilisos.my/the-crazy-story-of-how-t...-a-millionaire/ - The crazy story of how this Malaysian 1-cent thief became…a MILLIONAIRE!! - 16/5/2017
.