GameStop

Discussion in 'Business & Economics' started by Saint, Jan 30, 2021.

  1. Seattle Valued Senior Member

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    6,986
    No, I don't think so.
     
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  3. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    USD59 and falling.
     
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  5. Saint Valued Senior Member

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    4,181
    hedge fund dare to short sell more?
    retailers had left, they pocket money and left.
     
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  7. Seattle Valued Senior Member

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    What money?
     
  8. sculptor Valued Senior Member

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    7,556
    still at 53.5

    (I ain't got the balls to short---I do not know how the shorters minds work.)
     
  9. sculptor Valued Senior Member

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    millions have been made, and millions have been lost
     
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  10. candy Registered Senior Member

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    891
    GameStop would have been a terrific short when it was at $400.
     
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  11. sculptor Valued Senior Member

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    7,556
    amen
     
  12. Saint Valued Senior Member

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    4,181
    those sold at >300 made money.
     
  13. Seattle Valued Senior Member

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    6,986
    Unless they bought at >300.
     
  14. Saint Valued Senior Member

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    4,181
    they bought at much lower <100, and sold >300.
    make lots money.
     
  15. Seattle Valued Senior Member

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    6,986
    Someone bought at 400. That would be you posting..."GME is too high at 400?".
     
  16. billvon Valued Senior Member

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    19,514
    I don't think you really understand how markets work. If no one bought >300 it would never have gone >300.
     
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  17. RainbowSingularity Valued Senior Member

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    6,153
    usually like all ponsy systems
    the money lost must come from the working class people
    and the money won must go to the upper class elitists hedge fund managers
    THAT is how wall st is designed

    which is why reddit club members made the point to illustrate that wall st is out of control
     
  18. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    9,003
    I see Gamestop is hovering around 49-50... rather than the 20 prior to the Reddit-based fun. I presume this is because of the financing they managed to achieve during the bubble?
     
  19. Seattle Valued Senior Member

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    6,986
    I don't think it has anything to do with financing does it? There is less short interest now (I presume) and more long interest. There's still plenty of time to go lower if the overall market corrects or when the next earnings figures come out.
     
  20. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

    Messages:
    9,003
    Sure - but I was guessing that the increased long interest is due to the financing and perceived additional time to turn the business around that it has bought them. Without the financing I wouldn't see it hovering at 50, but rather slumping back to the pre-spike quite quickly.
     
  21. Seattle Valued Senior Member

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    6,986
    Did they get new financing?
     
  22. Sarkus Hippomonstrosesquippedalo phobe Valued Senior Member

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    9,003
    I thought they did... or am I thinking of AMC???

    Please Register or Log in to view the hidden image!

    Doh! It was AMC!!! My bad. Forget everything I said. Nothing to see here. These aren't the comments you're looking for. Move along. Move along.
     
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  23. RainbowSingularity Valued Senior Member

    Messages:
    6,153
    i wonder how many people bought in at 200
    and are now still sitting on their 75% loss hoping it will go back up above 200

    where did all the money go ?
    lol
    winners gotta win
     

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