The price drop is because of market manipulation and the current price doesn’t represent fundamentals. We all know GME is worth more.
But the price has been gradually decreasing ever since the January 2021 sneeze and this thread over at SS suggests the line reaches 0 around 1/1/2024.
I don’t think it will actually hit 0 but I know I’m going to be buying more in November and December.
Point is don’t let this rattle you. I bought my first share at $448.30 so why wouldn’t I buy more at $1?
The finish line isn’t out of reach any more. We’re going to lock the float, and we’re going to do it fast. Buckle your seatbelts.
It’s on you if you don’t see value in those aspects of the business. Investing is, largely, subjective.
And again… you really do come across as idiotic with your future-telling and ignorance of the capital class’s ability to persuade people and hide associated, in this instance, market/capital criminality.
The “buying makes a company valuable” is merely one aspect of an investment. All “value” is subjective - and due to only others buying - in many respects. Dude.
Predictions are bad, says person predicting total reversal of visible trend.
Capitalism are bad, says veteran investor insisting all value is price.
There you are dishonestly putting words into my mouth. Again.
You and Fox News are really good at ignoring obvious facts and twisting reality.
The pattern with you is binary thinking and commenting, while also putting words into people’s mouths.
My guy, you literally went back and forth on the word “brainwashing” four times in one comment. You think this isn’t what you’re saying because you’re not listening to yourself.
And for added irony, you think that unless I use the exact words you said, I can’t be talking about what those words meant. That is binary thinking. Highlighting inconsistency generally isn’t.
To the reasonably educated someone being “conditioned” and “biased” doesn’t automatically equate to “brainwashing,” which is itself a word you used and largely undefined, if not clinical non-sense.
It’s odd you jump on that word and get defensive, though.
There is nothing odd about someone you lied about telling you to shut up.
Uh, what? You consistently put words in my mouth in binary fashion, build straw-men, then fight those straw-men.
More to the point: the amount of influence the “Wall Street network and regime” - aka large swaths of the capital class - is, right now, unparalleled in all of human history.
Your comment history here makes it obvious - primarily your comment/reply around the links that weren’t directly related to DRS, but you proclaimed were - exemplified your conditioning and bias, in conjunction with your consistent mouth-breathing-word-putting and lack of integrity in admitting there to be a huge amount of evidence for widespread fraud, deception, and manipulation of the entire stock market made clear in the links provided.
You exclusively quoted the parts about direct stock ownership. The question was: why Gamestop?
I can’t top the irony of this failure to conjugate an insult. The continued vilification of ‘how does this help’ as some denial that problems exist will have to go unanswered. Enjoy your narrative-driven portfolio. Hope it helps end capitalism or whatever.
How else should I put into words someone who consistently puts words in others’ mouths and proclaims to know the future while anything nuance and related edge-cases?
Also, you’re using the word “irony” wrong. Anyway, there isn’t anything really “ironic” about creativity and word-creation andor insults.
I genuinely wish you health and happiness going into the future.