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/biz/ - Business & Finance

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18476619 No.18476619 [Reply] [Original]

Why do people continue to buy GameStop stocks?

>> No.18476822

>>18476619
Bump

>> No.18477023

Why would you not buy Gamestop stocks? Honest question.

>> No.18477039

>>18476619
GameStop is turning itself into a hobby hangout area where you go to play tabletop games

>> No.18477095

>>18477023
Because fundamentally it makes no sense to!

>> No.18477118

>>18476619

Because of battle-toads, i buy just for them

>> No.18477155
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18477155

>>18477023
I thought about buying but honestly I can't see them being around to witness the new console cycle this Fall much less profit from it. Rest in piss Game Stop, I'll never forget how you ripped me off back in 2006 with my PS2 games trade in you sons of bitches. who's laughing now? haha!

>> No.18477173

>>18477155
And yet it’s stock is performing extremely well. It really makes no sense. Also it’s being shilled in ever smg thread

>> No.18477243

>>18477173

Because everyone is online buying stocks and selling, all the brokers have had record number of people sign up

>> No.18477298

>>18477095
>>18477095
How so? There's still value there.

>> No.18477494

>>18477243
Why would people want to buy GameStop shares?

>> No.18477573

Yeah why is this piece of shit ripping right now

>> No.18477588

>>18476619
you buy this to get all the gaming girls you idiots lots of girls game nowdays and owning a gamestop is boss mode ... why wouldnt you own gamestop

>> No.18477658

>>18477494
Because a lot of people don't even look a the company, they just see that their shares are going up and invest

Now the shares are falling and soon as they are low enough i will reinvest $500

>> No.18477676
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18477676

>>18477095
>fundamentally
>in this market

>> No.18477692

>>18477658
They recovered a lot after falling this morning, though

>> No.18477730
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18477730

>>18477692

Still down 10% on mine i will wait till 12

>> No.18478547

>>18477039
bitch I wish this were true.

>> No.18478553

>>18477730
they aren’t going above 6

>> No.18478624

>>18478553

i will cash out before 6 every time

>> No.18479345

>>18476619
Because Michael Burry has a 5% stake in the company and seems to want to turn the company around. Literally the only reason I can think of.

>> No.18479763
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18479763

>>18476619
Where else would basedboys get their funko pops?

>> No.18479836

>>18476619
In the words of ray daliho "why would you want to hold those"?

>> No.18479867

>>18477173
Basedboys are buying switches in copious amounts, theres a 2-3 week backlog and Gamestop is selling bundles.

That alone will get them through this period.