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Bullboard - Stock Discussion Forum GameStop Corp GME

GameStop Corp. offers games and entertainment products through its stores and e-commerce platforms. The Company operates in four geographic segments: United States, Canada, Australia and Europe. Each segment consists primarily of retail operations, with the significant majority focused on games, entertainment products and technology. The Company has a total of approximately 4,169 stores across... see more

NYSE:GME - Post Discussion

GameStop Corp > Tomorrow. Will. Be. A. Bad. Day. For. Longs. In. GME!
View:
Post by Stockjayz on Mar 23, 2021 11:48pm

Tomorrow. Will. Be. A. Bad. Day. For. Longs. In. GME!

Here's why, but before I get to my bullet point review, that GME will CRASH BIG tomorrow, please watch the video here with 2 analysts (a Bear & a Bull, and BOTH think the stock is worth about $10, where it's going tomorrow!

https://www.cnbc.com/2021/03/23/gamestop-shares-rise-on-e-commerce-sales-jump-new-coo.html

 GME Missed Earnings BIG!
• No Strategy from Ryan for the Digital Growth and no Q&A - because they can't justify their valuation!
• Stock has been down BIG 3 days in a row (while waiting for earnings), but tomorrow everyone can agree, the valuation is out of whack and the stock can go back and land where it should be between $5-$8.
• They spoke about $100M ATM, which if they sell at market will dilute all shareholders, yup, that's how's public companies "thank you", you loyalists, that make no sense!
• I think stock opens at $120-$130, and retail investors SELL, SELL, SELL! 

• Since @Redditors got out many of the BIG short positions from hedge funds, while you had your laugh and they lost some money, which they will recover from. But the Short Sellers will NOW make those investors PAY! And SHORT GME short!

For those, who agree, if you can get in short and / or buy puts, this is the time to short GME before they go to the ATM and dilute shareholders! 

Advice: Sell. Sell. Sell. with Passion Tomorrow before you end up with a $5 stock that was over $190 and now tomorrow who knows where it will be, so GET OUT while you can!

Comment by zuktbay on Mar 24, 2021 7:14am
I'm buying and hodling. GameStop is not going anywhere. This was the last desperate attempt by hedges to save themselves and it will fail. There is a lot of panic by the HFS and the media has their talking points all in tune. But the reality is they need millions of shares and they need us apes to sell. Well I like the stock. So thanks for the discount my order is in for more. Not advice as I ...more  
Comment by zuktbay on Mar 24, 2021 7:21am
Also hedges, the GameStop filing with the sec stated that they are aware of the short squeeze potential and that there are not shares available, so you might want to take that filing as a warning and buy as many shares as you can before bankruptcy. But don't take this as financial advice as I eat crayons.
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