Party is Over? Will You Short GME?

GME ended the session lower by 12.1%, as the company’s rescheduled shareholder event wrapped up with no detailed remarks about its strategies. -------------------- What's your target price for GME? Will you go long or go short?

avatarMr. Philbo
2024-06-08
Yeah look it's still making profits and by no small margin, we're debating how successful a company is by the mutliple millions it's making and forgetting the fact it's making multiple millions, that's after all expenses for running the company is made. On the heels of covid of course most companies are bankrupt by now, or on their last legs, GME is still making millions, it absolutely has a chance to turn things around. How exactly I don't know, they're making sales but not as many, I know my local retailers make most of their money through cellphones and cellphone accessories, so they ended up stocking more cellphone related items than anything else in the electronic stores and saw a rise in profits. GME needs to find what makes them the money and what options has the best chance of turn
avatarMyrnaNorth
2024-06-12

No vote for MUSK!

$Tesla Motors(TSLA)$ I have a recommendation for Tesla shareholders: Vote no.The board promised Mr. Musk — at his urging — that if he made the board and the shareholders truly wealthy by boosting the stock price, by whatever means, he could have 12 percent of the company. Yet I believe this pay package helped drive his descent from visionary business leader to bizarre carnival barker. And that set of incentives and responses should not be validated.Here I need to back up and tell you what meme stocks are. The standard example is $GameStop(GME)$ , a company that runs about 4,000 video game and electronics stores. Trading at $5 a share at the start of December 2020, its price rose t
No vote for MUSK!
$GameStop(GME)$  Well ya it's clearly in play. But I have to stick to my rules. Had not herd of this stock til a day or so, I don't invest in a company I don't know. Directly or indirectly (via options) it's just a huge no. And remember if you are trading options, its similar to Newton's third law of physics... for every winner, there's an equal and opposite looser. So while some will win big on GME equal numbers of people will also loose big. Why? Because the huge price jump is pure speculation, it's not based on the underlying fundamentals of the company. So yes it may fly high, but it will also fall heavy. This is classic market greed, which as an emotional investor, I see fear over the next way.  Not trying to be a cup half empty guy,
avatarTiger V
2024-06-04

GameStop Surge: Meme Stocks Resurge

Overview: GameStop's $GameStop(GME)$  stock saw a significant rally, igniting memories of the 2021 meme-stock frenzy fueled by Reddit. This surge was driven by a post from a prominent Reddit user, Keith Gill, revealing a substantial investment in the video game retailer. The post reignited retail investor interest, leading to a dramatic increase in GameStop's stock price, though the enthusiasm quickly waned. Meme Stock Frenzy: GameStop's Dramatic Rise Keith Gill, known for his influential role in the 2021 meme-stock craze, posted a screenshot on June 2nd showing a position of 5 million shares in GameStop at an average price of $21.27 per share. This substantial holding, exceeding six times his previously displayed position in April 2021, would
GameStop Surge: Meme Stocks Resurge
avatarAralcy
2024-06-11
Whether it's time to short GME depends on several factors, and the recent stock issuance adds complexity. Here's a breakdown to consider. Potential benefits of shorting GME Increased Share Dilution: The new issuance of 75 million shares increases the total number of shares outstanding, potentially reducing the stock price. Market Sentiment: GME is known for its volatility and dependence on retail investor sentiment.exclamation If that sentiment weakens, the price could drop. Risks of shorting GME Short Squeeze Potential: GME has a history of short squeezes, where a rapid rise in price forces short sellers to buy back shares at a loss, further inflating the price. Unpredictable Retail Investors: The influence of retail investors on GME is high and their buying power can be unpredictable. Re
avatarMrzorro
2024-06-06
GameStop Stock Rises, AMC Falls as the Meme Rally Sputters. What to Know. The meme-stock rally looks set for a lackluster end to the week just days after shares in videogame retailer $GameStop(GME)$   and cinema chain $AMC Entertainment(AMC)$   popped. In premarket trading Thursday GameStop was up 2.7% at $32.41 having jumped more than 100% on Monday to beyond $40 a share. While well off the heady highs from earlier in the week, the stock is still performing strongly -- over the past five days it's up 39.6%, and up 75.3% for the past month. It was a similar story for AMC, which was down 1.2% at $5.09 in the premarket having closed up 11% Monday. The stock i

What's Next for Roaring Kitty's $85 Million Gain? What Would You Do?

When Roaring Kitty posted another update revealing his massive $85 million gain as of today's close, speculation arose about what his next move would be.Did you join this party? Let's take a look at the secrets to success!Congratulations to @Bibou for the impressive $26,934 return on $GameStop(GME)$. [Applaud][Applaud][Applaud]Congratulations to @Bryanboy93 for the impressive 95.12% return on $GameStop(GME)$. [Applaud][Applaud][Applaud]Despite the chaotic stock price of the day, the closing price still rose by about 21%. Roaring Kitty released another update, revealing that his earnings reached $85
What's Next for Roaring Kitty's $85 Million Gain? What Would You Do?
avatarSamlunch
2024-06-07
$GameStop(GME)$  🚨ALL EYES ON GAMESTOP: Roaring Kitty Nears Billionaire Status as GME Stock Explodes‼️ Get ready for liftoff! With GameStop ($GME) stock skyrocketing to $67.50 in after-hours trading, legendary investor Roaring Kitty (aka Keith Gill, aka DeepFuckingValue) is on the cusp of billionaire status. Here's the breakdown: •Massive Gains: If GME opens strong tomorrow, Roaring Kitty's shares could be worth a staggering $325 million, with options potentially adding another $700 million for a combined $1 billion windfall! •A Month in the Making: This incredible gain represents an $850 million jump on his initial position. That's billionaire status earned in just one month! Don't Miss the Show! To celebrate this historic moment, Roaring Kit
avatarSTLoke
2024-06-06
$GameStop(GME)$   Factors Influencing GME's Price: Potential Upside ($40): 1. Positive Earnings: Strong financial performance and positive future guidance. 2  Market Sentiment: Renewed interest from retail investors or positive news. 3  Strategic Moves: Successful execution of business strategies or partnerships. Potential Downside ($20): 1. Weak Earnings: Disappointing financial results or negative guidance. 2. Market Volatility: Broader market downturn or declining interest from retail investors. 3. Operational Challenges: Ongoing difficulties in transforming its business model. Conclusion: GME's price could swing either way based on earnings reports, market sentiment, and strategic developments. Careful monitoring of these factors
Kitty is In the cross hairs of the hedge fund snipers of Wall Street, pay back time I think. Information is power, and information is in the hands of the bigs. I have not watched anything related to kitty. But my emotional response is... well if you Stir up a nest, and it's an intelligent nest, you better hit that nest very differently, the next time. If you disappear for a few years, you don't have the same loyalty of your followers, and some will have won, but as many will have lost. And to use the same strategy lends itself to most of your followers loosing. My pick would be... kitty is done, and the biggest losers are his supporters and $GameStop(GME)$  Just my perspective, I just hate these plays, oh now im worth a billion, so who lost th
avatarLionel8383
2024-06-08
Haven't posted in a long time. Not very active using Tiger now. But seeing the hype in GameStop made me post this. Consumers are now buying games as digital downloads as it's more convenient. I bought a PlayStation 5 recently and I went with the digital edition, as I do not foresee I will be buying physical copies of games. The advantage is that I wouldn't need extra space to keep the games, and the disadvantage would be I can't sell off games when I am done. It's unlikely GameStop will be able to turn things around. For those who got sucked into 2024's mini meme rally, maybe you would learn a lesson from Mr Market.
avatarPinkspider
2024-06-12

BULLISH ?? GME

❖ Citron Research said it is no longer short GameStop They commented, "Citron is no longer short $GME. It's not because we believe in a turnaround for the company fundamentals will ever happen, but with $5 billion in the bank, they have enough runway to appease their cult like shareholders. Despite Wedbush setting an $11 target today, we respect the market's irrationality. After all, Dogecoin remains a $20 billion entity. While the increased share count might temper the mob mentality, Citron will be watching from the sidelines for now. BTW....the Kitty live stream was still an insult to the capital markets." $GameStop(GME)$ $AMC Entertainment(AMC)$  
BULLISH ?? GME
avatarJoseph Paul
2024-06-08
The closing price of GameStop (GME) will depend on the interplay between its earnings report and the sentiment from "Roaring Kitty's" live stream. If the earnings report shows strong financial performance and positive guidance, coupled with a bullish live stream, the stock could see a significant rise. Conversely, if earnings disappoint but the live stream is positive, it might mitigate losses or even lead to gains due to retail investor optimism. If both the earnings report and the live stream are negative or neutral, the stock is likely to experience a notable decline. The combination of these fundamental and sentiment-driven factors will drive the stock's movement.
avatarBullistLee
2024-06-08
Meme never dead, RK still holding his position. Therefore nothing to be scare about. Dip more buy more.diamond hand .  GME earnings to be frank not a big deal because people are buying because of RK, because of  they all believe in Meme stock fever  are back again. Hot topic means big Money are coming in. By the way it's not suitable for Position trading. Swing and Day trade are welcome. GME is too volatile, but volatile means making money. Finally please only use your pocket money for the trade no selling houses or selling cars for trading is stock. It's high risk, but high risk makes more money.
avatarPAWPALS023
2024-06-14
GME Shareholder Meeting: Stay Invested or Not? Key Points: Leadership Changes: New appointments to drive strategy. E-commerce Focus: GME is pushing hard into online sales. Financial Health: Optimism exists, but challenges remain. Should You Stay Invested? Pros: Strong community support. Potential upside if the e-commerce shift succeeds. Cons: High volatility and price swings. Ongoing financial challenges. Bottom Line: If you can handle the risk and believe in GME and Roaring Kitten visions, staying invested might pay off. Otherwise consider more stable option. Always align your investments within your risk level. Stay safe and may the force be with you. 
avatarhawshy
2024-06-07
As $GameStop(GME)$ continues to captivate, all eyes are on Roaring Kitty’s upcoming YouTube live stream, sparking intense speculation after GameStop’s quarterly results. Let me speculate on what might happen later: 1. Roaring Kitty Joining GameStop’s Board: With 5 million shares, Roaring Kitty has become the fifth-largest shareholder. He might be invited to join GameStop’s board, aligning its strategy with retail investors’ interests. 2. GameStop Management Appearance: Since GME doesn’t have an earnings call, it’s possible that a member of GameStop’s management will join the stream, potentially announcing significant future plans for the company.
avatarJinyuan
2024-06-10
Somehow to me, it seems to me he is just trying to jack up the price to maximise his options. The die hard fans are screaming diamond hands but how long can you actually hold if despite the company raising funds through the sale of shares, their fundamentals may continue to fail them. the share price is always gonna to be under pressure. At the end of the day, you need more and more new 'investors' partaking in continual purchases for the upward momentum to continue. Great short term reward if you have luck by your side. But if you don't, possibly you will lose out to those who have entered earlier like Roaring Kitty himself. 
avatarzippy1
2024-06-07
$GameStop(GME)$ Keith Gill aka Roaring Kitty aka DeepFuckingValue is now a Billionaire as GameStop stock, GME, surges past $65 in after-hours trading. If GME opens at or above $65 tomorrow, his shares will be worth $325 million and options worth $700 million for a combined $1 Billion. If that wasn’t crazy enough, he will be live-streaming it too. That's a $850 million gain in his position, options and shares. GME short sellers have also lost over $2 Billion today. He went from shorting Billionaires to becoming one himself. Insane.
avatarSamlunch
2024-06-14
$GameStop(GME)$  $GME Brokerages have updated their forward PE’s based on the companies earnings report GME has gone from an 8700 PE, which means u paid a crazy multiple on very little earnings to…… Drum roll 🥁….. NEGATIVE -361 F P/E 😂 Which means ur paying a crazier multiple on no earnings Well done 👏
avatarMrzorro
2024-06-03
GameStop Options Pop as Keith Gill Posts Screenshot of Holdings; AMC Also Rockets   $GameStop(GME)$  options market popped, tracking gains in the underlying stock after meme stock guru Keith Gill, known as "DeepF------Value" on Reddit posted on the social media platform his holdings. $AMC Entertainment(AMC)$  's options trading also surged.  The post on Reddit's /r/Superstonk forum showed a screenshot of a position of 5 million GameStop shares, which was worth $115.7 million. It also had call options valued at $65.7 million which gives the holder the right to buy 12 million shares at $20 each by June 21. GameStop shares climbed 26% Monday morning as retail
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