/biz/ - Business & Finance

>>27459569
if you're a technical analyst posting about gamestop what the fuck are you even doing
trying to explain this chart with technical analysis is fucking impossible

the two people who banked the most off of gamestop (michael burry and deepfuckingvalue) are both fundamental analysis focused value investors. if there is one key takeaway from the gamestop situation it's that value investors actually haven't been phased out by algorithmic trading yet and that they can still reap enormous profits by doing autistic deep diving into a company's books and studying free cash flows and sales projections and all the other shit that gets value investors hard. and then if they actually do manage to time a short squeeze situation correctly they get an extreme multiplier off of being correct on their value driven thesis.