If they were smart they’d sell all they can to build up a war chest. I know a bunch of insiders were selling like crazy at the $140 mark.
I think they go kaput or they need to rebrand themselves somehow. There’s a little bit of a resurgence in the board game market because of covid. Really good board games are actually fun. The old school basics are shit. Becoming something of a hobby shop might do well. Either that or they vanish. No one goes to the store anymore to buy video games.
They've already got plans to pivot: https://www.thegamer.com/gamestop-investor-turn-company-amazon-competitor/
I still buy physical games, and I get them online. Gamestop gets no goodwill from me, so long as they pay pennies on the dollar for used games that are still recent.
I bet that’s what a lot of the redditors are thinking too. This is comeuppance for trying to sell back a $60 copy of donkey Kong country for Super Nintendo and getting $3.50.
Yeah, I’ve seen a few of his videos over the last day or so. Either he’s a really professional trader or he’s an actual genius.
The way he talks it sounds like he is/was a security examiner. He rolls his eyes at some rather amateurish reviews of companies saying “you can tell they’re not proper securities examiners.” Seems like a really nice dude just making a YOLO play from the basement of his rental house. For now, at least.
Seems like all the WSB darlings are suddenly "not supported" on RH. I can sell my current holdings but cannot buy any more.
My Nokia shares are still queued and I’m almost willing to bet that they will be rejected. Something shady is happening again with RH.
Yeah the shady part is people that front run trades on a platform are pissed they just blew 4bn dollars trying to cover a position of another firm and are making sure someone pays for that.
CNN and CNBC (aside from Jim Kramer) have really been looking to connect the GME activity to populism and Trump supporters. I imagine the point is to legitimize a call to shut things down, or at least slow them. A guy CNBC this morning said that this is no different than the nihilism of people storming the Capitol.
These fucking people. Wsb has done more to unite people across political spectrums than any politician has even tried to do. And all of their financial backers are probably screaming into their phones right now. It’s funny though. Y’all Qaeda probably doesn’t even know much about this.
I have $132 in E*TRADE and I just wanna fuck with the big guys at this point. It’s not a lot, but it’s something I can hold, lose, and not cry over. Other than gme or bb, what the play with that?