/biz/ - Business & Finance

>>22351410
it doesn't matter if infinite squeeze happens or not
the fact is that short interest have to cover eventually (~45 million shares short) and there's finally a reversal incoming now that the worst console cycle has ended.

remember the short selling on TSLA? The difference is that GME's market cap is cheaper than its assets combined. They make 6 to 8 billion in revenue annually already, and there's been massive shifts in management this year. And Ryan Cohen.

yeah uhh which side would you bet on? The side that says GME will got to $0 or the side that thinks GME will start to become profitable again with the new console cycle and corona starting a gaming boon plus speeding up their de-densifying cost cutting.

I'm holding through Q2 because i don't care about a temporary -15% downside.