the big boys pump and dump too huh :-)
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Its a LOT more than 10k.

During peak hours on big gain days there have been over 6 MILLION people online browsing/participating in the GME thread. And that's just Reddit, you still have Yahoo Finance, MooMoo and Twitter with absurd numbers as well.
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There's more male fantasy in this thread than in the Gracie Hunt thread.
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If CCIV does anything close to these numbers tomorrow or in the next week I'll take my profits and scram. :-)
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Thinking about this. If I were GME management, I'd issue new stock at these levels.

Why not? Lots of buyers out there. A million shares would bring in $100 million. Hell, $30 billion has been traded in two days. Money to reshape the company.

Just a thought.
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I seriously see no way Gamestop has any form of a future. It's Blockbuster Video part 2. Unless they create a significantly unique and rich in-person experience that they can monetize, they're done. Even used games will dry up once the market goes full streaming. the developers have NO reason to support retail or disc-based games. They don't make money from resale so they are happy to watch it die.
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CCIV has gone green after hours.


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They fired the CFO yesterday because he thought like the scenario you just stated.

I think, and I'm no GME expert, but I think they want to go all in on online gaming, sales, etc.. No retail stores, used games, etc..
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There's no reason for anyone to buy from an online Gamestop platform. Steam and Origin already dominate that market.

Gamestop is fucked.
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Ryan Cohen, founder of Chewy.com and e-commerce wizard turned a ****ing dog food reseller into a multi-billion dollar company. He now has a large ownership in Gamestop and has been brought on board to help revamp the company. Lots of speculation but a few insiders have revealed plans to turn stores into esport tournament hosting sites among other things. May work out, may not but I don't think they'll be going out of business anytime soon.
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Gamestop's plethora of strip-mall occupancy -> E-sports lounge / centers -> states legalizing gambling -> ??????? -> PROFIT
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So, you're short GME? Sounds like easy money.

Irrational markets will last longer than your money.

Can't wait to see how things work tomorrow.
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I'm playing the GME game also, but let's be honest here. Not a single one of us is buying this stock because we think it's going to suddenly turn into a reliable and profitable company. Nobody cares about the management. It's all about the hype, squeeze potential, and quick price fluctuation. Anybody saying otherwise is lying.
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Anyone want to post how much their account value is down this week?!
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I agree to an extent, but the future outlook/possibilities make it a lot easier to diamond-hand these shares. Even if this goes back sub-50 I'll hold on to my 52 free shares long-term and see what magic Cohen can deliver.

Same goes for AMC...people dissing saying they're going to die/go bankrupt/etc. COVID isn't going to last forever, and as soon as the country opens back up 100% people are going to be tripping over themselves trying to get to the movies.
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