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/biz/ - Business & Finance

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27084353 No.27084353 [Reply] [Original]

>LOL, these retard millenials should just stop buying avacado toast and invest their money!
WAIT NOT LIKE THIS!

>> No.27084630

>>27084353
He's right though. Gamestop is a shit company that's going to go bankrupt before the end of the year. When was the last time you even went to a Gamestop?

>> No.27084710

>>27084630
i went in to one at 20 bucks a share

>> No.27084889

>>27084630
GameStop had 2 billion worth of sales in the last quarter. Do your DD, you dumb fucking kike.

>> No.27084919

>>27084353
Don't they realize that people don't care?

>> No.27085075

>>27084353
Honk Honk. Welcome to the clown world you created, Boomer. Day of the pillow draws closer.

>> No.27085091

>>27084630
1. no they aren't going bankrupt, that's what got the kikes into trouble in the first place. they can turn things around if they increase their Reddit appeal and make it into a store that sells games, funko pops, baby yodas and rick and morty tshirts. And all these headlines is great promotion for them too - who wouldn't want to buy shit from a store that bankrupted hedgies?,
2. the play is the SHORT SQUEEZE the only fundamental that matters is "are they going to go bankrupt right now" (which is a no).
Cramer is shilling for hedgies by playing dumb about "unjustified valuation" - its a SHORT SQUEEZE thats what happens.

>> No.27085130
File: 58 KB, 599x645, 1611861450461.jpg [View same] [iqdb] [saucenao] [google]
27085130

WE LIKE THE STOCK

LIVE BY THE SHORT
DIE BY THE SHORT

HEDGIES GET THE ROPE

GAS THE RICH, CLASS WAR NOW

>> No.27085140
File: 188 KB, 1144x1230, 1611870853668.jpg [View same] [iqdb] [saucenao] [google]
27085140

>>27084919
i'm in purely for shitting on hedges now, money isn't the point.

>> No.27085259

>more reddit threads

>> No.27085449

>>27084630
This is longer about the fundamentals of normal investing. I am normally a smart and safe investor but I bought into GME today, why you ask? Because there is math to support this going up to 1-2k not investment advice this is my two cents.

>> No.27085547

>>27084630
But they employ my frenz

>> No.27085581

>>27084889
Their revenue for last quarter was $1bn, down from $1.4bn a year ago, and their income was $-63m. They've been losing money consistently every quarter since 2018, and the industry is almost at the point where it's going to transition to 100% digital. It's a company that has no future in the game industry and no possibility to pivot to anything that can save them.

>> No.27085591

Cramer is right. R*edditors have deluded themselves into buying each other's bags and soon they will get bored and be left with $350 GME shares that nobody wants

>> No.27085652

>>27084630
I live right by one

>> No.27085801

what happens if we nationalize GameStop

>> No.27085835

>>27085591
Do u not understand how the stock market works? Partly the reason why its 318 after market is because its in such high demand.

>> No.27085906

everyone is stupid
>gamma squeeze eod friday
>just hold til monday
>two more weeks and trump will be crowned king of the world

fuck everyone.

>> No.27085908

>>27085801
That's the signal for gamers to finally rise up

>> No.27085972

Maybe he's right. Maybe the stock is worth 25. Maybe he's wrong. Who cares? The stock is worth what people are willing to pay for it. If you like the company and want to hand it capital buy stock. If it's too expensive don't. He's trying to talk it down though. But why? Did he short it? Or does he want some of the stock for himself? I don't know, but trusting Cramer after all the shit he's pulled through the years makes no sense.

>> No.27085986

>>27085581
Have you missed the news where cohen, someone who is experienced with online retail joined the board and planned on moving the company in that direction?

>> No.27086157

>>27085906
That was before brokers started restricting gme trades, moron

>> No.27086275

>>27084630
You think the “modern art” that Jewish Jim has in upper east side apartment is appraised at $5 million is actually worth that?

>> No.27086278

>>27085986
ok then lets see it get there. He just got on a few months ago. I'll wait for q2 earnings report before I believe it's worth something

>> No.27086425
File: 107 KB, 1039x591, Nintendo-digital.jpg [View same] [iqdb] [saucenao] [google]
27086425

>>27085986
Name one thing they can do to outcompete Amazon in online game sales. Even if they somehow magically could, it doesn't matter because consoles are all going digital. 55% of Nintendo's sales were digital for the first time this year, up from only 38% a year ago. The market for physical games is dying fast and there's nothing Gamestop can do to change that.

>> No.27086561

>>27084630
Shut the fuck up and lurk. Fundamentals it what shills talk about when they don't want to talk about how much of the stock is shorted

>> No.27086651

>>27084710
Kek

>> No.27086984

>>27086425
maybe like getting a deal with microsoft that gives them a share of the profit
https://www.theverge.com/2020/10/15/21517970/gamestop-revenue-sharing-microsoft-xbox-digital-downloads-games

>> No.27087103

>>27084353
Lol.
Does he really not understand that we are well aware what it’s technically worth and that the reason people are buying is because it’s an opportunity to milk a hedge fund for every penny it has and then some?
I don’t understand the confusion. Has no one ever tried to make an offensive play before on the markets?

>> No.27087364

>>27085581
>raise capital with that new fresh 40billion revaluation.
>move online
>allocate 10% of balance sheet into bitcoin

that's it, I've saved gamestop, no need for a 300million salary package.

>> No.27087434

>>27086984
Xbox is the worst selling game console so that deal isn't going to do anything for them. And again there's no incentive for people to buy it from Gamestop in the first place when they can get it from Amazon with free next day shipping. Gamestop has zero chance of ever successfully competing against Amazon.

>> No.27087513

>>27085091
Honestly, a solid winning move would be to use this WORLDWIDE hyper consumer publicity to rebrand. If they could appeal to the reddit crowd alone, they are poised with the largest megaphone in the world just waiting for them to announce.

>> No.27087850

>>27087513
This, it would be Dominoes level rebranding

>> No.27087991

>>27084630
>Gamestop is a shit company
ummmm the investors disagree sweetie :)

>> No.27088188
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27088188

>>27084353
>he took the avocado toast meme personally
Fucking Kek, millenials are so pathetic it never fails to make me laugh

>> No.27088283

>>27084630
I would go if these faggots didn't shut the economy down

>> No.27088456

>>27085091
>they can turn things around if they increase their Reddit appeal and make it into a store that sells games, funko pops, baby yodas and rick and morty tshirts.

You haven't stepped into a Gamestop in the last 4 years. They've been doing exactly that and the merch doesn't fucking move.

>> No.27088476

>>27084353
This isn't an investment though. Meme about loving gamestop all you want 99% of us are here for the quick money.

>> No.27088479

literally stop not being poor too bad there is no hell or heaven but ppl actions turbokike

>> No.27088580

>>27084889
with 2 next gen console releases retard. that's a once in 5 year event

>> No.27088727

>>27084630
8th gen games are going to $80 each. Gamestop will survive.

>> No.27088841

>>27087434
what about when people start openly hating bezos and it becomes fashionable to do so?

>> No.27088885

>>27085591
You have no clue what you're talking about or youre just fudding, Moshe. They were at 120%, doubled down yesterday to 240%. Theyre legally obligated to buy them back and aint no one selling. Get wrecked.

>> No.27089615

>>27088476
>investing is only when you go long until retirement
no, an investment is literally putting up capital in the hopes of a bigger return later, it doesn't matter how soon later comes