/biz/ - Business & Finance

Was the tranny really banned?

FIRST FOR NUMI!

>>24491277
YES

>>24491277
Yes, anon. F*CK CLF.

>THCB

You guys bought CLF right?

Mmed is at the floor

FUTURES ARE BLOOD GREEN
BOBO BTFI

>>24491320
baste

>>24491259
can anyone tell me WHY gme is pumping? im not doubting it im just wondering how is this happening. can it go all the way to its previous highs?

>>24491305
The company and all other steel companies are doing good.
Just hate the guy spamming it

>>24491277
Yes but he's back. He's just not spamming anymore because the jannies are tired of his shit

>GME market cap edition
>doesn't post GME market cap

>>24491259
>forgets to put /smg/ in the title
Great job retard OP

>>24491320
Nice try the real clf tranny keeps his screen shots up to date

>>24491320
You guys bought CSPR right?

>>24491259
Posting this for new thread

>>24491246 #
Chinese companies are complete fraud, it will definitely do something.
Look up what an ADR is, they basically have no responsibility to accurately represent their finances currently

>>24491342
see
>>24491363
it can go above previous highs because there's so many fewer shares outstanding, its pumping because they made it all the way to the console cycle and Q4 sales boom, so now they'll have actual profits to reinvest and turn around the business

>>24491397
didnt that one anon try buying a bunch of CRSR but bought a shitload of CSPR instead? i wonder how his neck is doing.

Guys I am printing money with ATM weekly puts on RIOT.

>>24491363
soon

Sneedl bros are you holding through tomorrow no matter what?

>>24491419
Last I heard from him he hadn't killed himself yet so things must not be too bad. If he actually held his CSPR he would have made money

>>24491408
does gme have a way to make up for the fact that console is slowly going digital. i dont know if itll be 100% digital but it seems like people with money to blow are just gonna do that so they can play their game now.

or can gme do something with digital games? i know amazon is selling a lot of digital shit

>>24491466
What's happening tomorrow?

Crash imminent, you're all fucked :-)

Sneeds weed and greed

>>24491523
you make it painfully obvious how new you are

https://www.sec.gov/Archives/edgar/data/1326380/000101359420000821/rc13da3-111620.pdf
https://thecollective.finance/2020/10/gamestop-gme-a-squeeze-to-44-from-14-can-be-justified-fundamentally-100-of-the-shares-are-short-watch-out/

here i'll spoonfeed you some links

>>24491523
yes
>75% of consoles are being sold with disc drives
>Comcast is putting data limits on all American customers, which indirectly pushes physical media
>revenue sharing with Microsoft on all digital purchases by Xboxes sold by Gamestop
>Nintendo Switch is still selling tons and tons of physical games for some reason
>funko pops I guess

>>24491584
i have stop losses set up how could i possibly be fucked?

>>24491608
ive been here awhile but i mostly bought boomer stocks until now and i ignored gme because of the chart

>>24491622
>ee set stop losses?
>eez feeshing time.

>>24491611
>revenue sharing with Microsoft on all digital purchases by Xboxes sold by Gamestop

oh shit. all digital games on microsoft store sales have a portion to go to gme? holy shit

>>24491611
don't hate on funko pops, they are high margin products and there's a reason gamestop continues to sell them

also other collectibles including figs and cards. Gamestop is trying to diversify into other shit that actually make sense. They finally sold off their garbage like Spring Mobile

>>24491638
>ignore GME at $4 because of the chart
>suddenly a good buy at $16
???

anyways yeah it is still a good buy at this price but if you'd got in earlier you'd already have a 4 bagger lol

>>24491681
I realized memes are better than apple

>>24491673
All digital content purchased on an Xbox that was purchased at Gamestop returns revenue to Gamestop. No, we don't know the percent.

>>24491680
Wait vtubers get models?

>>24491673
no one knows how much of a cut, some people speculate 3-5%, some as low as 1%, either way it's 100% profit margin revenue
presumably Gamestop is getting this deal since they're providing Microsoft with data on what Gamestop gaymers are buying, which Microsoft can easily decipher since gamestop operations will be on Microsoft cloud solutions now or whatever

also it seems like Gamestop's allocation of Xbox's have increased. Stores seemed to have like 2 PS5s only but a dozen Xbox X's. Nintendo Switches they get a lot of as usual thanks to Reggie.
Estimates are that Gamestop gets ~30% of the total new console allocation, equivalent to Walmart's ~30%. Everyone else is behind
>https://www.reuters.com/article/gaming-sony-microsoft/clash-of-consoles-new-playstation-and-xbox-enter-150-billion-games-arena-fight-idUSKBN27O0XD

>>24491584
>using the FAG index
you need to go back...

>>24491681
>because of the chart

charts are only useful for day trading and understanding what is "low" relative to the 50/200 hour/day MA's (how close/far away from them price is at any given time), and s/r levels. that's it.

just remember: the shorter the time frame, the less FA matters and the more TA matters. the longer the time frame, the opposite is true.

>>24491638
>i ignored gme because of the chart
but you ignored all the DD on how GME was at least a value play thanks to the massive share buybacks and cleaned up value sheet??
it's what, still trading at 0.15x of revenues right now? Compare it to what Party City, Nordstrom, and Bed Bath Beyond are trading at lol

I've been averaging up at $7, $9, $11, $13, $14... finally calling it quits now since I'm too scared of Q3 and volatility

Reminder intel will be at least $53.00 by end of next week.

>>24491791
yeah duuh

>>24491875
AHHHHHHHHHHHHHHHHHHHHH

>>24491950
$30 for a 7" figure? What? That isn't normal right?

>>24491946
I need my deposit and a sale to settle then I’m going to snag a couple fosho

>>24491876
GME is the reason I started learning more about TA because of how I kept fucking up on my timing with averaging up. Like does every institution only buy when it's close to the MA50 or something

>>24491798
imagine if MSFT buys GME some day.

fucking imagine it. don't even act like it isn't possible, albeit unlikely. imagine.

>>24491984
nop, the $30 one is probably some low-end garbage but you can't expect gamestop to have a big selection

frankly im surprised they even stock some figurines

>>24491325
Yes much helpful post, this one. Very insight

>>24491457
Just wait til BTC hits 40k by EOM and you’ll be broke

>>24491320
I did and i am grateful he shilled me.

fells breddy gud

>>24491399
Yellen gets the last word on how or if it will be implemented.

>>24491989
the 200 hour and daily MA's are institutional metrics, i've posted about this before: https://www.youtube.com/watch?v=caLyY6kNihw&feature=youtu.be&t=2442

50 and 20 are also used but to a much lesser extent. obviously the daily is stronger than the hourly and so on. 200 hour or 200 day average bounces can be very powerful on stocks that have tutes trading them. the key is to pair it with the fundamentals, for me i want strong FA so i can find buying opportunities.

>THCB

>GME back to 16 and rising premarket already

We're gonna make it, coom/bad financials not withstanding, GME bros.

Fuck you retards who keep cursing out CLF-bro. I love watching his stream he's fucking hilarious and does fat dabs live on air lol. He's super chill as well. You guys are jealous fucking retards lol. And yes I did buy CLF and made tons of money.

CLF guy will always be in my heart. CLF guy single handedly saved muh portfolio. I will name my firstborn son in CLF guy’s honor.

Kroger bro how copy? What is your target?

>>24492187
You're going to name your son Faggot?

>>24492182
the only reason Q3 would be bad is if Sherman doesn't address the Cohen matter or if he's too pussy to give a guidance again

GME buying back 2021 bonds early all but confirms they're back to making a profit from operations. Sure they had more cash than debt, but that was not definite alone since they needed to replenish A LOT of inventory

really fucking hoping Q3 ends up like BBBY's rally on their own earnings, went from $14 to $25 within weeks (it dumped but it's still holding above $20 right now)

>>24492187
he cucked you from getting more profits if you had bought GME instead lol
That guy was shilling CLF when it was the same price as GME

>>24492129
Also VAMA

>>24492314
what if i bought both?

>>24492205
I’m looking for at least ~5% tomorrow before I exit

>>24492330
eh whatever i guess

CLF is still a +100% over a few months

>>24492334
Hey thanks. That is conservative. I will watch. 2/3rds in Kroger right now.

>>24492205
King of optimistic for their earnings tomorrow, most volume was buys during after hours

The CLF gains are beautiful
Why must you hate our resident shill? Nobody would have bought any if he hadn't shown up.

>>24492644
Everyone would've probably bought some lower if he wasn't a cunt

im done with meme stocks
where do I dump my cash now?

>>24492317
you mean the VWAP?

>>24492725
Dividend investing and bitcoin.

>>24492731
That too.

>>24492725
talk to el hombre with the best shit

>>24492216

>>24491320
nice and yes

Nothing to say for yourself?

did i fuck up buying rolls royce? should i just have put it all in gme and clf? i thought it was a good buy because its a company everyone knows and it dropped down to almost 2 dollars a share. how much lower can it possibly go?

i mean you cant possibly fuck up buying a huge company thats stock dropped 90-95% right?

>protip
Buy Ford if you're poor.
Uncle Joe remembers sittin on pawpaws lap in the old Ford so he wont let it die.

>>24493719
Buy rolls royce. You couldn't ask for a better long hold than this. Drop 1k on it and don't look at it for 3 months

I feel like a paper handed faggot for selling my PLTR today but I was only trying to double my cash before going all in on GME again. Sold PLTR at 22.49, rebought into GME at 15.70.