/biz/ - Business & Finance

>>27116541
Please set a sell order at $400 and get out. Rebuy at $200-$250. This is not financial advice, I just care.

It will not reach $1K. The jews are pausing the stock every time it gets near $500.

>>26958585
Exactly, this is basically not a short squeeze anymore. This is now an injection of equity from the retail investors saving their nostalgia company that ripped them off. GameStop could issue shares, do a stock split, do a merger with a company using new found equity to purchase. With the right people on board now (leadership), they could survive now. Revamp online selling. Have millenials vote with their dollars and buy PS5s from GameStop to support their business.

But frankly, with all these tricks going on, I don't think it will hit $1000. That will cost the hedge funds to much. They held the resistance around $300 for the past days. They will keep halting, scaring retail investors, big players into preventing it to go higher all in the name of "market safety." I say a slow bleed. Not a quick short squeeze.

Disclaimer: Not financial advice.

I don't think game stop is ever coming down. Retail investors are buying up. Say if 1 million people buy at $200 or whatever price target. They will continue to hold even after it drops. Retail investors are not algorithms that trade automatically. They will be millenials that know what they got. If the shares they bought was throw away money, why would they need to liquidate? They could hold indefinitely if they really wanted to. There isn't sale limits in place automatically doing trailing sales. Retailers are not that smart. It's not going to be a quick end like Porsche. This is a million people, working, doing errands, different thoughts.

Worst case scenario, it drops to maybe 50-80 which could be a healthy enterprise value of revenue times X. Best case scenario, it remains overpriced $150-$300 like Tesla following no fundamentals. With the only people left holding the trash bags being the shorters.

Disclaimer: This is not financial advice. I exited at $330, but may by tomorrow at the dip with throw away gains.

The rocket has blasted off, good luck catching it.