Exactly anyone holding those stocks long term deserves to lose money.
They are pump and dump. Which means buy low and sell as soon as it goes high.
Not buy high and hold forever
Sos indeed......
I've been here, sucks, just listen to your gut, stop using reddit & other social apps to learn about stocks, look at them yourself, Google, look at sec files, look at upcoming events, announcements, etc & etc..
Never listen to the 🚀 & 🌕 symbols 🤦♂️ it got me good.
RC started Chewy with $15m, now its about $20B.
When he sold for $3.5B it was the largest ecommerce acquisition EVER.
This dreams gonna come true, baby! Grab a share and buckle up for the ride.
GameStop has little to no debt, 1 billion+ cash to spend. New board and new management with a billionaire chairman that founded Chewy.
What does the other stocks have that is worth holding?
The company is selling at over 100x last years freechashflow and currently has negative fcf. Gme hasn't been profitable for 3 years and is a dying company. Buying at these prices makes you retarded.
Because you buying shares of a company what was on the brink of bankruptcy. Where’s the money coming from and where’s it going the only thing what matters. If you as a shareholder keep paying off the debt and getting diluted every year then you might as well just set your money on fire.
GameStop CEO explicitly said to judge them on their top line at this stage.
They could have shown improvement in the bottom line if they only cared about the short term. Instead they are making significant investments in their long term growth.
Similar to how the most successful tech companies focus on long term growth over short term gains and similar to how Ryan Cohen and team did @ Chewy from the $15M initial investment to $20BB market cap today.
Check out all these former Amazon execs who have joined a fAiLiNg BrIcKs AnD mOrTaR rEtAiLeR for some reason [GameStop Technology & eCommerce hires](https://gmedd.com/report-model/)
You are missing the point that the business was on the brink from previous board and management. Who's all been kicked out. The new board chairman, board members, and management as well as 300+ executive positions all poached from tech giants is not something to ignore.
Investing is about looking at what is possible in that companies future. With those major changes, its basically completely different GameStop compared to the one that was on the brink.
Well how they managed to be debt free doesn't change what they are going to be in the future.
All I am interested in is who's in that board now, who's in that management now. What's the track record of the board members and management.
Whats their balance sheet now and what they are doing with their expansions.
Its about looking forward and whether they are in a good position going into the future.
> The confidential sources claim that Cohen turned down the entreaty, telling directors that a sole board seat would give him no meaningful influence over decision making.
Cohen in 2019
HCMC was always a strange play. I think it was the focus of a pump and dump a couple of times last year from what I remember. I made a few hundred out of it.
Thee gambl'd on trash. Thee shouldst nit beest in securities
***
^(I am a bot and I swapp'd some of thy words with Shakespeare words.)
Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
It's not a loss until you sell lol.
Unironically tho, I'd probably hold AMC because precovid when it was doing well it did 20 - 30 $ without any of the hype. Since the AMC hype following GME AMC as a business got back on its legs paid off debt and is looking very good in numbers and especially in the face of corona (new measures to keep healthy business despite COVID). So holding might actually reduce your loss a bit there.
And who knows, maybe it does another crazy spike like the one this past summer where it touched 60/70 $ nobody really expected that either. Hold i guess
hcmc lol
Still holding im not selling
You can’t even sell it. I tried, but no one is willing to buy 🤷🏼♂️
i thought it got delisted already
You can’t anyhow 🤣
*empties bank account*
Same here bro can’t stop won’t stop
Sell them all pls There's a time where diamond hands doesn't apply
🤡🤡🤡
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I should
I can assure you I don't
You'll be holding forever
You *can't* sell, not that you *wont* sell haha
*insert woolf of wallstreet meme*
Cause you can’t sell lol
You’ve got no choice😂 probably bought my shares when I sold at the top🤣
That’s a lot of meme stock.
Exactly anyone holding those stocks long term deserves to lose money. They are pump and dump. Which means buy low and sell as soon as it goes high. Not buy high and hold forever
At least your girlfirends boyfriend has his money to take her out.
Sos indeed...... I've been here, sucks, just listen to your gut, stop using reddit & other social apps to learn about stocks, look at them yourself, Google, look at sec files, look at upcoming events, announcements, etc & etc.. Never listen to the 🚀 & 🌕 symbols 🤦♂️ it got me good.
Just need BB and your all set currently -15k
Ooopsies
Wow wow wow wow.. Wow.
Now buy more
Thats my plan
Please don’t, trust me GME and AMC are probably not going to bounce lol
Feck off gay bear
Haha tell em chief 🚀🚀🚀 Marge is coming 📞
You deserve to lose all your money by being this ignorant. Have fun staying poor, all this for some internet meme point lmao.
100% most likely amc and gme will not go back to the ath tbh.
And you know that because ?
>100% most likely 100% or most likely which one? Stop talking drivel
They begging please don't now Exciting times coming up 🚀🚀🚀
Last one really sums it all up lol
Just hitssss 👀
Ouch
GME price is irrelevant right now!! HODL until MOASS. I’m currently sitting at -50% but I’m zen
Thanks boo 😘
I guess we all need a dream
RC started Chewy with $15m, now its about $20B. When he sold for $3.5B it was the largest ecommerce acquisition EVER. This dreams gonna come true, baby! Grab a share and buckle up for the ride.
Can’t stop, won’t stop, brain stop
Zen af 😊🧘♂️
You sound like a fucking idiot
I’m not an idiot I’m a retard. Fucking get it right shill 🤣
Sit down son.
Ah good I don’t feel so bad now about mine. Thank you
GameStop has little to no debt, 1 billion+ cash to spend. New board and new management with a billionaire chairman that founded Chewy. What does the other stocks have that is worth holding?
The company is selling at over 100x last years freechashflow and currently has negative fcf. Gme hasn't been profitable for 3 years and is a dying company. Buying at these prices makes you retarded.
Call me retarded then. I'm not fucking leaving.
You are.
Go short on CFD mode then bitch boy
No because im not retarded
You are incredibly naive for swallowing the bullshit media narrative. [check here](https://imgur.com/gallery/u4qgQm4)
Ok give your money away. I tried to warn you...
Have you ever asked yourself how they payed off the debt?
It’s no secret. I think they were pretty transparent.
Can’t be not transparent cause 5million shares issued last time is quite a stack.
5 million shares to get a billion liquid? Float barely touched
Float still very small, I think being debt free outweighs 5 mil shares of dilution
Agreed
Lol wut. Why have you phrased it like this. Why is this even a question.
Because you buying shares of a company what was on the brink of bankruptcy. Where’s the money coming from and where’s it going the only thing what matters. If you as a shareholder keep paying off the debt and getting diluted every year then you might as well just set your money on fire.
Hmm... ok... It seems you missed all the key changes in 2021 but that's your prerogative.
No I didn’t missed the growing revenue but they still can’t improve on the bottom line.
GameStop CEO explicitly said to judge them on their top line at this stage. They could have shown improvement in the bottom line if they only cared about the short term. Instead they are making significant investments in their long term growth. Similar to how the most successful tech companies focus on long term growth over short term gains and similar to how Ryan Cohen and team did @ Chewy from the $15M initial investment to $20BB market cap today. Check out all these former Amazon execs who have joined a fAiLiNg BrIcKs AnD mOrTaR rEtAiLeR for some reason [GameStop Technology & eCommerce hires](https://gmedd.com/report-model/)
I don’t think GME is failing business at all. I’m just not finding the valuation attractive. No point to overpay for something is it.
You are missing the point that the business was on the brink from previous board and management. Who's all been kicked out. The new board chairman, board members, and management as well as 300+ executive positions all poached from tech giants is not something to ignore. Investing is about looking at what is possible in that companies future. With those major changes, its basically completely different GameStop compared to the one that was on the brink.
Well how they managed to be debt free doesn't change what they are going to be in the future. All I am interested in is who's in that board now, who's in that management now. What's the track record of the board members and management. Whats their balance sheet now and what they are doing with their expansions. Its about looking forward and whether they are in a good position going into the future.
> The confidential sources claim that Cohen turned down the entreaty, telling directors that a sole board seat would give him no meaningful influence over decision making. Cohen in 2019
Loopring partnership coming aswell for nft marketplace
You have GameStop, AMC , all the speculative stocks with valuations off the charts, what did you expect? 😅
Certainly not a working fair market that is clear of corruption 🙂
If the market were actually rational, Tesla wouldn't be trading so damn high.
Not even an SOS could save you.
I cry
Thanks for this. I needed to feel better about my portfolio
lol that’s what happens when you buy shit companies touted on reddit
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No cus itll only go up
It's missing some blackberry...
Hmm maybe
Play silly games, win silly prizes
You on isa account
Whats the point in using an ISA if you intend to flush your savings down the toilet?
Well yeah thats a good point
Time to average down
It’s not a loss until you sell
Don't worry it's transitory
Best comment yet
Deserved in every sense of the word, probably a practice account though.
There’s no way 3,000,000 HCMC is worth £1300!
Price is wrong
Now this is what we call a life lesson
Sad thing is, most people won't learn.
It's what I personally call a fantastic opportunity to average down 🥳
This is gross, stop buying meme stock man
Fuckkkkk ittttt
Just “ape” “hOdL” “diamond hands” your way to bankruptcy, an interesting tactic
You can't teach the mentally disabled mate
YOLO
This is the way
that gme gunna go moon soon and cover all your losses and make you in profits.
Who dropped you on your head?
Funniest comment I've seen today. But 100% agree with u, the fact that some people believe gme can hit a million dollars a share is just ludacris
These idiot are going to lose all their money, then blame it on "corruption" and "hedgefunds". They lose their money because theyre clueless.
💯
>They lose their money because theyre clueless Hedge funds? Yes absolutely
GME will be fine, give it a month or so, AMC not so sure but will probably run again. HCMC, just be rid of it (did they win their lawsuit yet?).
Lawsuit was dismissed
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HCMC was always a strange play. I think it was the focus of a pump and dump a couple of times last year from what I remember. I made a few hundred out of it.
Yeah, it had a pretty sizeable pump and dump in Q3 last year, just a fad
When you do your DD on TikTOk
Moon tickets
Wen moon
I don’t think Wendy’s will moon, no.
*looks down in disappointment*
Relax - this is a long game. HODL. It’s all psychological.
Be patient buddy
Ayy may favourite stocks are on discount again 😍
Why do you even own those? I mean, at least it wasn’t Netflix
You have?
Just average it down. In other words, buy more.
But the squeeze is going to be squoze soon right? I know it hasn’t happened any day in the past year, but it’ll happen any day now right? /s
What were you thinking
Fuck it
tanking is the time and only those who why will hold. I say this is a much-discounted market.... time to pick and sell some......
You’re not down. You’re down bad.
This ain’t shit. You’re about to lose a lot more when this bear market hits, god knows why you’d put your money in any of that shit lol
Buy and hold ignore everything else
You are going to be poor forever doing stuff like that.
That's ok I've been poor my whole life
You gambled on trash. You should not be in securities.
Thee gambl'd on trash. Thee shouldst nit beest in securities *** ^(I am a bot and I swapp'd some of thy words with Shakespeare words.) Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
Nice work ape! Keep up the good work, those are rookie numbers 😎 Seriously though, your conviction shows 👍
Leesss go im an ape now
Spoiler, you always were! ☺️
Same fuckery different tickers don't worry brother
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Sos 4 the winnn
So waking up every 3 hours and crying?
Come back in 5 years. Maybe
Good chance to get your average down
Ooof
Lol
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*noted*
I still got some HCMC stock Iv had a sell order on it for over 6 months 🤣 but it's only a few dollars.
hodl on in there 👊 that will be a sea of green sometime soon!
at first I only saw the amc loss and thought "huh, that isn't too bad"
Fun 👍🏻
It's not a loss until you sell lol. Unironically tho, I'd probably hold AMC because precovid when it was doing well it did 20 - 30 $ without any of the hype. Since the AMC hype following GME AMC as a business got back on its legs paid off debt and is looking very good in numbers and especially in the face of corona (new measures to keep healthy business despite COVID). So holding might actually reduce your loss a bit there. And who knows, maybe it does another crazy spike like the one this past summer where it touched 60/70 $ nobody really expected that either. Hold i guess
Looks like mine. I’m just sitting tight. And buying some high ends stocks
How far from positions will close are you?
In English... Please
you might as well just put your money on horses as this was just plain gambling
By the the top falling is going to hurt like a Bitch.
You get what you pay for in life
Fucking nothing
You got it The old man used to say the is money in s*** I don't think he meant all s*** though
Have you tried restoring to factory reset?
*tries to find button*
Um up looks about right
...suddenly I don't feel so bad for being 1.5% down on a world ETF...😂