Can someone give me a logical and intelligent reason why investing in GME now will pay off?
Not a shill or a $GameStop(GME.US$ fanboy, just keep seeing people obsessed over this stock and trying to figure out why. They keep talking about upcoming expired options, hedge funds that haven’t closed out their short positions, fail to deliver ETF exposure today, this new NFT and turnaround plan for GME. And because of all of this they expect huge gains and soon.
I can understand GME’s turnaround plan with their new CEO, okay if they do a NFT and digital turnaround plan - okay that makes sense it might be worth double the current valuation. I understand that them getting the WSB boast helped them with their balance sheet and risk of bankruptcy is now gone. But what about it’s current valuation? Is it actually going to short squeeze soon? Why should it be worth more ?
So please help me understand if GME will pay off if one was to invest in it or is it a cult following ? Or what is it? But all this talk about expired short options or failure to deliver ? … will anything even happen ? And if so how much would that even effect the stock price ?
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PooPooDuck : Do your own homework on why GameStop is severely undervalued and continue to be the target for short sellers.
ur wifes boyfriend : you are asking Alot questions and it's not a quick answer to give you. you read the articles and the research the past year and watch videos on the web. but my quick answer would be this.
We caught them greedy bastards with thier naked shorts and it's beyond comical the amount of selling they did and haven't closed those positions.
we could of exposed the practice in January and resetting the wealth gap in America.But they cheated getting rid of the buy button so they could stop the squeeze. And they did. the same situation is still in play.