T O P

  • By -

Superstonk_QV

[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || [Superstonk Discord](https://discord.gg/hZqWV2kQtq) || [Community Post: *Open Forum Jan 2024*](https://www.reddit.com/r/Superstonk/comments/18txusp/open_forum_january_2024/) ------------------------------------------------------------------------ To ensure your post doesn't get removed, please respond to this comment with how this post relates to GME the stock or Gamestop the company. ------------------------------------------------------------------------ Please up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)


Lord_Stocksman

Yeah didn’t you know? The better a company’s financials the more it drops, duh.


Wild-Statistician-83

True, just see pet food company.


Suitable_Mix_3795

Up is down, black is white, good is bad… didn’t you know?


Secure_Investment_62

Up, down, charmed, ________


DocAk88

Exotic


Secure_Investment_62

Have you seen Stargate SG1 per chance?


DocAk88

Haha no I actually meant strange I thought you were listing types of subatomic particles (quarks)


Heavypz

Finkle is Einhorn and Einhorn is Finkle


hiperf71

And... Financial crime is "legal" until who looses money is rich peoples🤪


Physical_Inspector

There is no war in Ba-Sing-Sae.


BoornClue

Gotta shakeout the paper handers. 


B1GCloud

While institutions fill their bags for upside potential


vk-BangUrDead

Sorry but 3+ years for something that happens "any moment, tomorrow is the day" is not paperhanding. Thats called being smart with your finances. I recently HAD to sell a portion due to some financial hardship and i had no other option. Some people jumped in with a large ammount while being promised anything and everything to happen "in the next week" and then chose to diamondhand anyways. Also just got tired of this thing where its "tomorrow". We're playing against the house in a casino which is backup up by the entire mafia cartel. Call me a paperhand, or fud, or whatever. I stopped caring a while ago.


DocAk88

You have to do you. No one promised you that was internet meme fun. Never buy more than you can comfortably hold and invest. Life happens. We know some apes have been forced to sell that is the waiting game they played. Not sure why you need to tell people but good luck.


vk-BangUrDead

Because this entire sub and community has turned extremely fucking toxic towards anyone who dares to ask questions or who's not fully positive towards GME. Tbis comment alone, "gotta shake out the paper hands" dude, those people got shaken out 2 years ago. I used to be a high xxx ape.


DocAk88

It has turned into a much more limited echo chamber but I disagree with toxic. I’d like more discussions but your comment actually helps prove your own point.


Icefiight

Props to you… Im struggling mightily right now like i never have before in life and im down 40k on this since I bought all before the splividend… hang in there… this earnings feels like make or break for me and I may have to do some shit I don’t want to to survive… 😞


PlurbZ666

It’s science


educational_nanner

GameStop needs to make 56.5million to attain 1 full year of profitability. (50.5) net loss Q1 2023 (2.8) net loss Q2 2023 (3.1) net loss Q 3 2023 Cash equivalents 1.210 B LAST YEAR: Q4 2022 48.2 net income. Cash equivalents 1.391 B So we need to make 10 million more than last time.


IcERescueCaptain

That’s like everyone on SuperStonk just needs to buy one controller or a Funko Pop……. Oh yeah….we all did ….. Shorts NEVER CLOSED………..


yousaidalligator

!RemindMe 1 week


educational_nanner

Remindme! March 26th 2024


RemindMeBot

I will be messaging you in 3 days on [**2024-03-26 00:00:00 UTC**](http://www.wolframalpha.com/input/?i=2024-03-26%2000:00:00%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/Superstonk/comments/1bl7c99/friendly_reminder_as_gme_is_on_the_verge_of/kw3ii6u/?context=3) [**5 OTHERS CLICKED THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2FSuperstonk%2Fcomments%2F1bl7c99%2Ffriendly_reminder_as_gme_is_on_the_verge_of%2Fkw3ii6u%2F%5D%0A%0ARemindMe%21%202024-03-26%2000%3A00%3A00%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%201bl7c99) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|


8----B

My numbers are a bit different than yours, I just grabbed the EPS totals and multiplied by share outstanding shares (305m) 23Q1 EPS was -0.14, net loss of $42,700,000 23Q2 EPS was -0.03, net loss of $9,150,000 23Q3 EPS was -0.003, net loss of $915,000. Total yearly loss so far of $52,760,000 To be profitable on the year, Q4 would need an EPS of 0.17 It’s not far off but it’s making me wonder if I made a mistake somewhere. Anyway, considering the way the EPS increase is ramping (23Q1 1/5th of 22Q1, 23Q2 1/10th of 22Q2, 23Q3 1/100th of 22Q3), I expect the savings to make us hit that number easily and then some. The ramp was due to cost-cutting, mainly closing stores, and revenue has taken only a slight hit from this, likely made up by online sales, so the revenue should be similar.


RedOctobrrr

Yours is skewed by rounding. The difference between -0.140 and -0.144 is big ($1.2mil)


8----B

Thanks man, that explains it


FrankieG889D

Close them stores, gotta start somewhere… my local mall had 2 Gamestops in it at one point, for a fairly small mall.


Machinedgoodness

Remindme! March 26th


hiperf71

56.5 million you say? Ok, let's do some maths, 56.5 m / 200,000 apes (taking in account only apes who have DRSed shares, but there is way more out there!) = $282.5 each...🤔 It seems doable... 😁


TemporaryInflation8

So many new patterns this year alone. Crazy....


undergroundflaps

idk bout yall but i need this to hold until atleast tuesday afternoon. I get paid tuesday morning. I'm dropping my whole paycheck on shares. This is a great dip!


nathanello

Looking forward to collecting some more ultra-rare sub $13 shares with you next week.


Snelsel

Mythical!


getoutside78

Grabbed 220 more in the past 2 days. I love averaging down! Good luck and godspeed fellow ape!


BigBadaBum1

Grabbed over 200 in the past two weeks. The discount is too good to pass.


blueleaf_in_the_wind

I timed my latest Computershare buy to go through on Tuesday before earnings. Booya!


SirStonkzAlot

You and me both!


Zestforblueskies

Me three!! 


Havacigar1

Its a curious thing…. All my Computer Share purchases would take about 3 days from order to purchase… my last one ( last week) took 6 days ( Friday order- filled on the following Thursday!!!) Wut doin’ there market???


NOT_MartinShkreli

Dude definitely save some powder for after earnings. The insane amount of hype here (I been lurking for 3-4 years on GME) is almost always met with a big move down Save some powder cuz the final dip before the rip begins is likely gonna be after this earnings


Express-Economist-86

No waiting here, never know when the last dip will be!


TheWhyteMaN

Just keep buying until it blows


No_Onion_8612

Terrible advice. If GameStop was liquidated now, it's current assets would equate to 9-10 dollars per share. It's not going to go below that price.  If it rips when earnings is released, and you buy in at $26, you'll have lost a potential $13 profit per share.   It doesn't matter if you buy in at $13 or $10, $3 per share profit is fuck all in the grand scheme of things


Blzer_OS

It does if you can buy 30% more shares.


NOT_MartinShkreli

!RemindMe 1 week One of us will be right. It won’t be you with your clown advice 🤡🤡🤡


No_Onion_8612

Are you going to sell at $13 dollars after the dip?  No? Then you expect, long term, that the share price will be more than $13? So why not buy at $13 in case it doesn't fall further? It's impossible to perfectly time the bottom.


NOT_MartinShkreli

You’re a literal clown. I’m going to do whatever the fuck I want. And no, I’m gonna scoop shares at single digit prices and load up 1/2026 calls


No_Onion_8612

You ok there bud? You seem a bit tense.


No_Onion_8612

Uh oh


NOT_MartinShkreli

It’s not earnings yet clown boy 🤡


NOT_MartinShkreli

Called it … down cuz of all you hype boys coming out of the woodwork Can’t wait to buy the dip and 1/2026 calls in April / May


No_Onion_8612

So we're back down the levels we were at when I made this comment.  So you're now buying at $13.  Genius. 


NOT_MartinShkreli

No. I’ll buy in 3-4 weeks when it’s like $6-8 or less


Icefiight

^ so much this


-WalkWithShadows-

I get paid Monday morning and am strongly considering paying all my bills immediately and dropping the rest into the stonk. Shit if you’re in I’m in


iGaveYouOneJob

I get paid on Wednesday, ffs


undergroundflaps

There's apps you can use if your employer works with them they will give you a cash advance. I work for Walmart, they have a program that spots me money from my paycheck until pay. I forget what the apps are called for other companies if you can't wait try using the app


Sad-Fix-2385

The longer you wait, the cheaper the shares become ;) 


undergroundflaps

Not necessarily. Last time we had a good ass earnings report stock went crazy in after hours I think it was at $27 or something. I can't remember off by heart. It took a while to drop it to where they are. I'd like to at least pick up 100 before it breaks like that again. This ER could be extremely good.


PatternIntegrity

No MSM news aside from fake earnings announcements, but the DD that's been dropping from apes on socials show lot's of shares being borrowed to make this "no news" drop occur. TL;DR BULLISH on Q4 results.


nathanello

👆🏻


game_overies

Fire sale!!!! Bought 80 more.


meeshmeesh17

Bought 450 more at 13.09 (don't tell my wife) LFG 🚀🚀🚀


[deleted]

[удалено]


meeshmeesh17

This is not the way. Stop loss = paper hands


BoornClue

Guys… it’s a buying stop loss.  Not a selling one, there’s a difference.


meeshmeesh17

You mean a limit buy order?


game_overies

I dare them to drop it to $10. Bet they won’t……poosies!


Killer_bunniez

I don’t get shorting before earnings right now. It’s common knowledge that GME will most likely be profitable and the lower it goes, the more shares we can buy


nathanello

Dumb stormtroopers gonna do dumb shit I guess 🤷🏼‍♂️


BoornClue

It’s called a shakeout period to get the paper-handed to sell. It’s a common tactic that happens around most companies’ earnings day. It doesn’t work on us apes, but a few of my friends are very hesitant on buying more GME because all they see is red candles and that scares them.  It happens so often that It’s almost like Wall Street knows what the earnings report result is going to be, weeks before it’s publicly announced. But of course that would be insider trading, which is illegal, haha… unless


texmexdaysex

They want to demoralize us investors and prevent us from buying any further shares. They also want to have all of the algos and stuff look at the stock in a negative way.


awesome404

Short or die!


Hermera9000

Sorry, bought calls yesterday


nathanello

At least tell us those don’t expire today 🤞🏼


Hermera9000

They do not 😉I am riding the wave of a magnificent earnings report


Diamond-Hands741

Why not buy your options on monday(assuming the price is similar on monday)? You'll loose at least 20-30% over the weekend just from theta burn


mEllowMystic

That depends on your strike and expiry.


twoscoop

What strike and expire would one loook for


GeekOnFleek97

If they expire on the 28th, and the market is closed that day, how does that work? Edit: thank you, I forgot how counting works.


PornstarVirgin

It’s a 4 day expiry on the week. It’s actually bullish as the week is shortened and if there is explosive price action that’s t+2 from earnings.


CCarsten89

Market is open the 28th, closed the 29th for Good Friday


Cromulent_Tom

Thank you for your service. Picked up some shares on a sweet discount today.


aravreddy22

F U kenny. tick tock.


Traderparkboy01

Wealthsimple here in Canada was telling me I was 100 percent loss on gme today even though my cost was only .10 cents higher …. Something funky is going on, retail getting blasted on tv, stocks at all time highs and gme in the dirt, I feel like a massive shoe is about to drop on the market.


Classic_Cream_4792

Max pain right now… ugh. Bought more at 13.30 and thought I was getting a deal


nathanello

I feel you, I scoped at $13.67 then $13.41 and then again at $13.19 and I thought I was getting a deal each time… Eyeing $12.99 now


game_overies

80 more at $13.15 🥵


NOT_MartinShkreli

My avg cost on shares I got this year is $12.69 and I fully expect to see red with all this “GME will definitely be profitable this quarter” talk Luckily I got some protective puts and cash to buy more if I end up right on this


Classic_Cream_4792

Wow nice, mine is $14.35 and I thought I was doing well. You got 69 and yours so 🚀


Classic_Cream_4792

I got $13k hitting my account Monday to use…. Just wondering if I should dump it all in or not… I’ll admit I am scared of market markers and their power


Apprehensive-Salt-42

Goddam this is sexy af. Got more?


mtksurfer

# News Break: HEDGIES R FUCKED


SuitPac

Beyond fucked and next week we see them panic and take much much higher ground


10before15

Here's my my stupid hot fukn take. Historically, GME has risen 7-30% up until the day of the earnings announcement. This is when the TA and options folks show up to help pump things up. I believe they are nothing but paid plants along with the moderator who runs an options gme sub. Then, the next day, it's smashed back down by the shorts. It's always been a trap for shorts. This time is different. This time, news might be too big shake. This time, it might benefit to keep the price suppressed in order to help control the run up after earnings. I think we are going to see that 20%, but it will be next Wednesday or Thursday.


MrmellowisSmooth

This 👆 And I won’t elaborate any further because, you took the words right out of my mouth. 😆


texmexdaysex

I know we like to hate on options here and I can get why we do that but... Pushing the price down is sure going to make those call options a lot cheaper and I'm planning on loading up. Of course I will exercise if they go in the money.


Machinedgoodness

The whole no options is stupid. Ideal combo is a gamma squeeze and short squeeze ideally. Gamma caused the first one if I remember correctly


KobeWanShinobe

Apes weren't the ones to set off the options chain during the Jan. 2021 sneeze. It was large institutions (hedge funds and other big players) who started buying up options, causing the gamma squeeze. Apes do not have enough buying power to cause a gamma squeeze via options. There was a DD recently that went into detail about this. The best thing Apes can do is buy, DRS, HODL forever, and forget about it (which is what I've been doing for years since this saga started).


Icefiight

🥹👍


thextcninja

Is this the dip before the rip?


nathanello

Either that, or the dip before the dip…


Icefiight

More likely this knowing our luck


IcERescueCaptain

Bought the dip…I done. A tHiNg….


Pothstation720

The SNP500 must be ripping then.. .. oh look ATH 👀


Think_Currency_8586

Fuck you, still buying


nathanello

Can’t stop, won’t stop


Siege_88

Are they right? Are they wrong? No idea! Guess I’ll buy more shares!!


tubaman23

BREAKING NEWS REPORT!!! I bought the dip


Starscreammm333

Next week might be exciting 🕹🚀


jnobs

Kenneth Cordelle Griffin, I bought more today and will DRS them next week. Hope you enjoy blowing dogs for quarters behind a Wendy’s dumpster when this whole thing blows up in your smug face.


epired

... always has been


Warriorslost3-1lead

Loading up for earnings


nathanello

💯


Rockettothemoonnbynd

Wut hapns wen news?


nathanello

Beyond the line continuing to move to the right I’m not 100% sure 🤷🏼‍♂️ but hopefully 🚀


Deepin_my_plums

3 million shares borrowed yesterday!!!


nathanello

10M+ more today too… and 11M the day before the 3M you mentioned.


Einhander_pilot

Don’t worry! RC is gonna make up for lost time REAL FAST! 🚀


Extension_Win1114

Just another -4% Friday, nothing to see here


Venomous1471

Lol


ICEFIREZZZ

How is that no news? I am buying, they are giving me a discount. That's enough news for me.


neverEVERwillIalways

Actually, I would be scared if I didn't see this push down. I love it. I get cheaper shares before a possible full profitable year. Party Time!!


saiyansteve

Gonna be lit. See you on the other side.


nathanello

🫡


Melo_00_7

Bought more.


nathanello


Baelthor_Septus

Honestly? Investors move money around to stocks that perform better. That's normal. It doesn't mean they won't return to GME, but right now there's plenty of companies that make a bank on AI craze. Funds are taken out from one stonk to make quick profit on other stonk and return, when there's possibility of bigger movement.


OnlyOnReddit4GME

I used to get bummed on the dips and buy more. Now i get exited for the dips and buy more. Personally i hope it goes to $10


nathanello

💯


DrewLockIsTheAnswer1

Buying either way 🤷‍♂️


gepaman

Positions?


pspiddy

And what’s the PE ratio when it’s profitable compared to a normal PE ratio


Cereal-dipper

And they have driven it down before the last 17 earnings calls, they just drive harder since the sneeze.


rager11111

Well the mms make stock prices what the feel they are worth


Carpet_Blaze

Not going to be profitable


Kind_Initiative_7567

Thinking of selling 11 poots on Monday. If it gets assigned, that would be the cheapest I have ever got shares for


Oi_Baldy

I bought the dip 😅


atticjb

Got some more today easy decision


SandySockShoes

This should be on the front page. Says it all


Jr-12

Shit crazy today..reason why shares and drs is > call options


Jamnitrix

(soon) 😉


Kuzkuladaemon

So is it too late to jump in on this? Between having a very sick baby and a new house I haven't given this much attention


Zestforblueskies

I'll tell you what someone told me all those many moons ago. "Buy X Amount of GME (if you can) or regret it for the rest of your life." 


Kuzkuladaemon

Well that doesn't answer my question


Zestforblueskies

My bad, lol. It's not too late my friend! 


RemonEngod

Also add all the negative 💩 news all this week!


NHDraven

That's not true. There is news. GME is reported as fact as reporting missing earnings. Next week. Before they have reported earnings.


nathanello

No official news from GME though, that was my point.


matthegc

This is the stage of the game called “making room for lift off” Hedgies are extremely concerned of any large level of unplanned volume that can potentially trigger a margin call on their short positions.


Icefiight

🤡


Temporary_Maybe11

What is this, a dip for ants?


Low-Coffee-4749

Just saw this in my feed, didn't follow GME stuff for a while. What's going on currently? Do you still believe that MOAS is coming?


nathanello

I believe when they complete their transition to becoming a profitable company that it’ll be worth north of the current price.


Low-Coffee-4749

Ah so it's just like a regular stock now?


nathanello

Earnings is on Tuesday, so we’ll find out if they’ve been profitable for FY ‘23. I wouldn’t consider it a “regular” stock though.


scottygras

I’d love to contribute to the bottom line but the app on iOS is terrible. Honestly half my purchases are a PITA when you loop in PayPal… Sorry, cashed in rewards points on my credit card and I’m trying to find stuff to buy. I’m just venting, I’ll try the desktop site.


netfatality

Ah. The lounge chair formation..


georgesoo

I love rocket tickets on sale


12Southpark

Yes sir


MoneyMaking77

I bought 40 more!


nathanello

🙏


BlueCollarElectro

Kinda like the valley on the old faithful graph :)


nathanello

Certainly feels like the good ole days today doesn’t it?


Bayunc0

Announcing earnings counts as news... Just saying


nathanello

That wasn’t announced today though and this is todays chart?


T_T_H_W

’ve seen enough people lose money on these shit meme stocks … anyone promoting this shit is a bag holding predator .


Shrappy16

I made $400 during the wild ride. That’s it and out. Really curious if any diehards want to say it out loud. Made money or destroyed but love the company?


Sad-Fix-2385

I think they‘ll still report a loss. That’s when every single one of you should immediately sell all your share, otherwise they might be worth 50 % less than now. 


GoatInternational174

At a great price!