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/biz/ - Business & Finance

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>> No.22646023 [View]
File: 296 KB, 1079x1016, Screenshot_20200918-115254_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22646023

>> No.22644824 [View]
File: 296 KB, 1079x1016, Screenshot_20200918-115254_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22644824

>>22644747
Gamestop can't go down because new shorts keep entering and immediately being btfo

>>22644773
basically this is the setup
>GME is not bankrupt, they've got good cash and no debt due this year, current ratio > 1
>GME was priced to go bankrupt ($5)
>Michael Burry was first to the trade as always, he owns 5% of the company and has for a while
>Ryan Cohen, the CHWY guy, just bought 10% of the company and filed a 13Q saying he might buy more
>short float now >100% of publicly available shares
>short borrow rates >50%

>> No.22625516 [View]
File: 296 KB, 1079x1016, Screenshot_20200918-115254_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22625516

>> No.22614556 [View]
File: 296 KB, 1079x1016, Screenshot_20200918-115254_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22614556

I realized Gamestop is safer than cash so I moved all my cash into Gamestop

>> No.22611795 [View]
File: 296 KB, 1079x1016, Screenshot_20200918-115254_My Stocks Portfolio.jpg [View same] [iqdb] [saucenao] [google]
22611795

what am I doing with my life

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