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.

https://www.reddit.com/r/Superstonk/comments/179hajz/wild_the_current_regression_fit_from_june_14th_of/

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.

  • AnimorphFan1996@lemmy.whynotdrs.orgEnglish
    42·
    1 year ago

    you say it’s an incredible investment that’s deffo going to explode any minute now, in a forum exclusively about promising it’ll go up up up

    Read the title of the post that you are commenting on: “GME is likely to drop below $10 before 2024.” This is the opposite of promising that the price will explode upwards any minute now.

    • mindbleachEnglish
      23·
      1 year ago

      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?