We should probably pay attention to this and start exploiting it instead of fighting each other. Start saving cash or blowing it on gamestop stocks

  • snackage [he/him]
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    edit-2
    4 years ago

    Isn't it $GME?

    Edit: you're also forgetting the whole Ryan Cohen thing and that a contingent on WSB are also holding long (sell the squeeze and buy back when it normalizes) because apperantly the fundementals are good. Also I saw a WSB post about how $GME is also on an artificial float, that is that all the shares everyone is playing with are actually fake shares that are still true shares but still fake non issued shares? I don't know I'm kinda dumb.

    It's all fake mumbo jumbo if you ask me but if anyone here can make money then I'm happy for you comrades.

    • chris [he/him]
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      edit-2
      4 years ago

      Yeah it totally is $GME. I mostly just wanted to explain the “mechanics” of it, but you’re right about the long play, at least in WSB’s opinion (I told you I was missing some stuff). Honestly I’m a little more skeptical about the long term, Cohen isn’t guaranteed to strike gold just because he’s been successful in the past, I mean it’s GameStop. Then again who knows, I can’t read the bones that well.