QUOTE(Kakwen @ Feb 1 2021, 01:27 PM)
he would have gained more if he held his shorts, yesBought 20 more share GME last night
Bought 20 more share GME last night
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Feb 2 2021, 10:41 PM
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#1
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1,537 posts Joined: Jul 2008 |
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Feb 3 2021, 11:26 AM
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#2
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1,537 posts Joined: Jul 2008 |
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Feb 3 2021, 02:24 PM
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#3
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QUOTE(Liamness @ Feb 3 2021, 02:16 PM) » Click to show Spoiler - click again to hide... « 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. |
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Feb 3 2021, 07:06 PM
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#4
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QUOTE(Liamness @ Feb 3 2021, 06:58 PM) Alot of people were saying the same thing about tesla. Myself included. Omfg look at what happens when you sell hope to a tardBut 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. He bites and will never let go! |
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