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.

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.

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.

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

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.

All Tech stocks are pretty risky for institutional investors.

they only just started investing into Apple big time last year..

before that, it was always viewed as risky, which it is.

So you are conveniently missing the fact that it took Apple some very risky moves and plays to get into a stable enough position?

Do you honestly think Apple wasn't a risky investment 7 years ago?

lol.. OK.. hindsight is always 20/20.

I'm not shifting any goal posts at all. When people talk about investing, I automatically assume you mean long term investments.

Apple was a risky stock up to only a few months ago. You can't suddenly change facts quickly after like what, 20 years of Apple being a high risk play. Just because Buffet invested into it a mere 4 months ago, it doesn't change the fact that it was highly risky when you compare to other blue chip stocks that have been around for decades..

People invest and hold stocks for years, decades even. That's my basis of whether a stock is high risk or not.

and you aren't even in the game, so why are you even posting here? lol.

You don't even realise that the house of cards very nearly collapsed if GME touched $1000, like it was projected to in a few days.

https://www.cnbc.com/2021/02/17/interactive...top-frenzy.html

40bucks or so. I don't care about the price now, i'm more keen on the price of it in 2, 3 years time.

Long term holder. For better or worst. Doesn't affect me.. My investment into this is so small compared to my overall portfolio.

 

? Your point?
I bought GME a few weeks ago too.

high risk, high returns.

I don't only play stocks. I've got rented out properties, life investment plans and even a small business.

Heck, I sometimes go to the genting just to try my luck.

end of the day, my goal is to be 5 million RM by the time i'm 50.  So who cares whether I make or lose money due to meme stocks like gme? My overall picture is still on track to accomplish my goals.