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

Hat tip: never catch a falling knife.

> "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.

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.

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

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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.
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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.

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

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

$20?

It may go sub $10.

Never catch a falling knife guys.

I will buy in at $9 or lower.

Wtf AAPL high risk high return?

I owned AAPL for the past 7 years. I won't classify it as high risk at all. It's got more cash than Bank Negara reserves ffs!

Tesla, that one another ponzi scheme. I agree.

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Today, Thursday 18 Feb 2021 NY Time, GME share price closed at US$40.69, from its previous close of US$45.94, a drop of 11.34%.
....... No real boost from DFV.  He could have showed that he was still HODL and Gamestonk with his GME shares by posting his portfolio, like he used to.

The anti-business Congressional Democrats at the hearing mostly targeted the "BIG men" Robinhood and Citadel/Melvin Capital for questioning and ignored the "small men" Keith Gill aka #DeepFuckingValue and Reddit.

Looks like Gamestop/GME share price is heading back down to earth/US$5 - in a month or 2, instead of shooting up to the moon/US$1,000.
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Berkshire hathaway is conservative, and apple is the largest holding in the portfolio.

So youre saying that a conservative investor like buffett would invest nearly half of his fund into a risky asset?

Ok.

In one post you said all tech stocks are risky, got corrected, then you change the topic and talk about them being risky in the past.

If you want to win so much that youre willing to shift goalposts for a simple post correcting you, then be my guest.

Epic
Steam
PS store?

Sleeping??

Dude, in two days you literally lost 70% of a downtrending meme stock even when others are telling you to not catch a falling knife.

I dont think you are the best judge in terms of evaluating risk.

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There are mainly 2 types of pump-and-dump scheme conspired by BIG Shark stock manipulators, ie the very quick one like  the Gamestop/GME share price being pumped from about US$20 to US$400 over 5 days; ... and the very slow  one like the DJI and AAPL share price being pumped up gradually over about  10-20 years or so.

Note that the Dow Jones NY Stock Market had Crashed(down by >50%) in 1974, 1982 and 2008. .......
https://www.macrotrends.net/1319/dow-jones-...istorical-chart

The Business news media are likely part of this pump-and-dump scheme.

In the Free Market, it is easy for BIG Sharks to manipulate stock/share prices according to their news-media-scripted scenario, eg the short-squeeze of GME/Gamestop shares. They become like gods of the Stock Market, eg able to set the date for a pump or a Market Crash.

Eg we can have institutional investors like Hedge-fund/Mutual-fund A, B and C who were holding a horde of millions of Gamestop/GME shares, bought at US$5 in Aug 2020 or earlier. At end Jan 2021, A starts selling a few GME shares to B at US$30 per share. Then B sells the same GME shares to C at US$40. Later C sells back the same to A at US$50 = like a Merry-Go-Round. Rinse and Repeat, either to pump up or down the share prices.  Since A,B and C are of the same gang, there was no real loss or profit between them.
....... After pumping up the share price, they dumped/offloaded the bulk of their horde of millions of GME shares to gullible Retail investors at >US$100 per share = profits of >2,000%.
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cool article. so what's the price now?